Bajaj Allianz Health Guard Family Floater Health Insurance

The policy is equipped with enough attributes to easily seek the attention of proposers and deliver them everything they desire from a health insurance plan. The basic coverage provided under the plan which incorporates in-patient hospitalisation treatment, pre and post hospitalisation, cumulative bonus etc., are similar to other policies. But, here are some major attractions of the plan that catches the eyeballs:

• Organ Donor expenses are covered for harvesting the organ
• Reasonable expenses related to Bariatric Surgery are covered
• Road Ambulance coverage for up to Rs. 20000 per policy period
• Convalescence benefit is offered after 10 days of hospitalisation
• Ayush treatment expenses are covered for at least 24 hours of stay
• Daycare procedures or surgeries in hospital for the listed illnesses
• Preventive health check-up is offered for free at every 3 years of policy
• Daily cash of Rs.500 per day is provided for accompanying an insured child
• Sum insured reinstatement option is given, if the sum insured is exhausted
• Maternity and newborn baby cover are offered for a maximum of 2 deliveries 

The benefits of the plan don’t cease here and extend ahead to some more points. The additional benefits of the plan enhance the affordability of the plan by delivering some extra features to policyholders. Here are some of them:

• Lifelong renewability option is available under the plan
• A family discount of 10% is provided if 2 members of the family are insured under the single policy. While 15% is given, if more than 2 family members are covered
• 4 % discount is offered, if the policy is bought for 2 years, while 8 % is given for 3 years
• Tax benefits can be earned on the premium paid for the plan as per Section 80D of the IT Act​ 

Needless to say, with so many benefits, Bajaj Allianz Health Guard Family Floater is a great deal to go for.

However, besides analysing the plan benefits, deciding the right way of purchasing it is also crucial. It is suggested to buy the plan from InsuranceDekho.com. It is one of the most trusted sites related to health insurance. The website gifts the transparency about terms and conditions, brochures etc., of the policy and assists policyholders at the time of claim settlement as well. 

For Health Guard Silver Plan, Sum Insured options are available for Rs. 1.5 Lakh and Rs. 2 Lakh. Whereas, for Health Guard Gold Plan, Sum Insured options are available for Rs. 3 Lakh, Rs. 4 Lakh,  Rs. 5 Lakh,  Rs. 7.5 Lakh,  Rs. 10 Lakh,  Rs. 15 Lakh,  Rs. 20 Lakh,  Rs. 25 Lakh,  Rs. 30 Lakh,  Rs. 35 Lakh,  Rs. 40 Lakh,  Rs. 45 Lakh, and  Rs. 50 Lakh

The entry age for Proposer, Spouse, Parents, Sister, Brother, Father-In-law, Mother-In-law, Aunt, or Uncle is 18 years to 65 years. For Dependent Children/Grand children, it is 3 months–30 years.

Health Guard Family Floater Plan is available for a lifetime. The children and grandchildren covered under the policy can renew it until 35 years of age. After completing the maximum age of renewal, the policy of dependent children will be renewed for a lifetime; only if a separate proposal form is submitted to the insurer at the time of renewal with the insured member as proposer. Also, if the policy is continued without a break, certain credits for waiting periods of all the previous years will be added in the new policy.

The policy can be purchased for 1, 2 or 3 years.