The flexibility in choosing and selecting the covers as per requirements, offers clients the liberty to design their very own well being care plan foundation which the premium for the coverage is decided, the corporate mentioned. The firm has introduced Plan 1 below the umbrella product that consists of necessary and non-compulsory coverages.

My Health Care Plan product consists of necessary coverages like In-patient hospitalization bills, pre and post-hospitalization bills, fashionable remedy strategies and development in applied sciences, organ donor bills, Ayurvedic and Homeopathic hospitalization cowl, maternity package deal bills, cumulative bonus amongst others. Under the maternity package deal part, the plan covers maternity bills for the insured member, surrogate mom in addition to the issues of assisted reproductive procedures or strategies.

There are three non-compulsory covers additionally supplied below Plan 1 of the coverage, that are lack of earnings cowl, main sickness and accident multiplier cowl, and worldwide cowl. Under the worldwide cowl, bills in direction of emergency care wanted by the policyholder are lined anyplace throughout the World.

Tapan Singhel, MD & CEO, Bajaj Allianz General Insurance mentioned, “With our ‘My Health Care Plan’ product, our intention is to introduce a plethora of our choices the place the client has the pliability to decide on and package deal their covers that finest swimsuit them and their household, nevertheless, diverse it might be. Under this product, we shall be introducing a number of plans incrementally, beginning with Plan 1 the place the client can package deal their insurance policies to their necessities.”

‘My Health Care Plan’ affords Sum Insured (SI) choices as much as ₹5 crores. The coverage is obtainable on a person and floater foundation with a coverage time period of 1 12 months, 2 years, or 3 years. Premium cost choices can be found on a month-to-month, quarterly, half-yearly, and annual foundation with a lifelong renewal possibility. Multiple low cost choices are supplied with this product like household reductions, long-term reductions, health reductions, loyalty reductions, and early entry reductions amongst others. Depending on the zone through which the policyholder resides, reductions are additionally supplied. In addition, zone-based co-payment isn’t relevant. Opting for long-term reductions additionally offers advantages on discount of ready durations, mentioned the agency.