Bajaj Allianz Star Package Health Insurance Plan

Star Package health insurance policy offered by Bajaj Allianz is a comprehensive plan that provides coverage for individuals and family members with float options. The policy is suitable for those who are in the group 18-65 years. The highlight of this plan is that it offers benefits to policyholders under 8 sections. They include hospital cash, personal accident, critical illnesses, children’s educational grant, public liability coverage, travelling baggage, health guard, and household content coverage. 

Policy buyers are free to choose the sections of benefits based on their requirements. They can also renew a policy to receive the benefits. The policy offers coverage for self, spouse, and 4 dependent children. 

Eligibility criteria for Bajaj Allianz Star Package Health Insurance policy

Minimum entry age  18 years and 3 months for dependent children 
Maximum entry age 65 years and 25 years for dependent children
Sum assured options Rs.1.5 lakhs to 1 crore with 8 sections 
Policy term 1 year/ 2 years/ 3 years
Premium payment Monthly, quarterly, half-yearly. The premiums can also be paid in 1,2, or 3 years for the entire policy tenure.

Bajaj Allianz Star Package Policy Health Insurance cancellation

The policyholders can cancel Bajaj Allianz Star Package Health Insurance with 15 days written notice period. The insurer shall refund the premium for the unexpired policy period.

Key highlights of Bajaj Allianz Star Package Policy Health Insurance

  • Bajaj Allianz Star Package insurance plan offers a family floater option for policyholders by paying an additional amount. 
  • The plan provides a minimum of Rs.1.5 lakh coverage and a maximum of Rs.1 crore coverage under 8 sections. 
  • Critical illness options which cover 12 dreaded diseases. 
  • Policyholders can avail of a 10 % discount on premiums when they choose 4 sections of the section and a 15 % discount on premiums for 6 sections or more.
  • Pre-policy medical examinations are not required for people who are below 45 years. 
  • The plan allows policyholders can enhance their sum insured amount during the time of renewal.
  • Tax benefits are available for policyholders under the provisions of the income tax act. 
  • The sum insured amount for this policy may vary based on the types of benefits chosen, and the premium may vary accordingly.
  • A grace period of 30 days is available for policyholders when they don’t renew a policy on the due date.
  • Portability option is available for policyholders. 
  • Cumulative bonus of 10% per claim-free year subject to a maximum of 50%of the sum assured amount.  

 

Inclusions in Bajaj Allianz Star Package Health Insurance plan

  • Pre and Post hospitalization expenses: The policy covers medical expenses up to 30 days before hospitalization and 60 days after hospitalization.
  • Critical illness coverage: Policyholders will get a lump sum amount when they suffer from certain critical illnesses such as cancer, paralysis, etc. Moreover, it covers donor expenses in a transplant surgery.
  • Personal accident coverage: The policy offers personal accidental coverage in case of death and provides amount for permanent disability, temporary disability, total disability.
  • Hospital cash: Hospital cash benefit offers high protection to a policyholder and his/her family from increased expenses due to hospitalization. 
  • Children’s education benefit: Bajaj Allianz Star Package Policy Health Insurance provides coverage for children’s education when a policyholder dies or undergoes permanent disability due to an accident. It offers coverage from Rs.2 lakhs to Rs.5 lakhs to children.
  • Public liability coverage: This facility protects a policyholder against legal liability for bodily injuries or a third-party property and offers coverage up to Rs.5 lakhs.
  • Household content coverage: A policyholder will get coverage of Rs.1 lakh to Rs.4 lakhs for losses that occur due to burglary or fire. 
  • Baggage cover: Bajaj Allianz Star Package Policy Health Insurance offers coverage up to Rs.40,000 against accidental loss, destruction, and damage to policyholders when they travel anywhere in India. 
  • Health guard: The policy protects a policyholder and his/her family from a severe accident or any major illness by offering a cashless and reimbursement benefit for hospital expenses. It offers sum insured options ranging from 1.5 lakh and Rs.1 crore.

 

Exclusions in Bajaj Allianz Star Package Health Insurance plan

  • A waiting period of 4 years for pre-existing illnesses. 
  • Any treatment due to alcohol intake and addictive substances. 
  • Treatments for non-allopathic medicines.
  • Accident due to drunk driving.
  • Cosmetic, aesthetic, or related treatments.
  • Pregnancy-related diseases.
  • Treatments within first 30 days.
  • 10% co-payment for policyholders when they undergo treatments in non-network hospitals. 
  • Diseases such as hernia, sinusitis, cataracts, and piles have a waiting period of 48 months. 
  • HIV/Aids.
  • Cosmetic treatments, joint replacement surgery, and congenital diseases. 
  • Treatment for mental illness or psychiatric conditions.
  • Experimental or unproven treatment methods.
  • Expenses related to organ donor screening.
  • Medical expenses related to pregnancy and childbirth.
  • Expenses related to Parkinson’s and Alzheimer’s disease.
  • Self-inflicted injuries.
  • Cost of external accessories such as hearing aids, accessories, contact lenses, eyeglasses, etc.
  • Expenses related to organ donor screening. 
  • Hospitalization for the primary purpose of diagnosis. 
  • Dental treatments unless that arise due to accidental hospitalization.

 

FAQs:

Why should customers buy Bajaj Allianz Star Package Policy Health Insurance?

Bajaj Allianz Star Package Policy Health Insurance provides comprehensive coverage for policyholders to ensure maximum protection from financial risks.

What are the benefit sections available under Bajaj Allianz Star Package Policy Health Insurance?

The plan offers benefits in various sections such as hospital cash, public liability coverage, health guard, baggage cover, household content coverage, and children’s education benefit.

Where to buy Bajaj Allianz Star Package Policy Health Insurance?

One can buy Bajaj Allianz Star Package Policy Health Insurance online at the best prices that will help save more money.

Is it possible to get coverage for accidental injuries and critical illnesses?

Yes. The plan provides coverage for 12 dreaded critical illnesses and accidental injuries.

What is the tenure of the plan?

The plan is available for 1, 2, and 3 years allowing policy buyers to select the right one according to their needs.

Does the policy require any pre-policy medical examination?

The policy excludes pre-policy medical examinations for people who are below 45 years.

What is the waiting period of Bajaj Allianz Star Package Policy Health Insurance?

60 days for pre-hospitalization, 90 days for post-hospitalization, and 48 months for pre-existing illnesses.

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