As it is said - “A healthy life is a happy life!” Leading a healthy life should be the ultimate goal. After all, that is how you will be able to accomplish your future objectives. But not everything in life goes as planned. Medical uncertainties come without prior warning, which can further lead to hospitalisation and intensive care.
The healthcare facilities in India are getting expensive by the day. During such challenging times, any unforeseen medical emergency can most certainly drain your life savings. But money should never be the priority when it comes to healthcare and seeking immediate medical support. In order to ensure that you and your family are financially equipped to face sudden medical contingencies, you should buy a comprehensive health insurance plan.
Individual health insurance plans available on Finserv MARKETS are highly flexible, and some of the most cost-effectiveness policies in the market. Read on to understand why you should buy an individual health insurance plan. But before that, take a quick look at our instant policy renewal process and health combo plan.
Health insurance renewal plays a critical role in securing your health as it helps you enjoy continuity benefits and be prepared for medical emergencies. All you need to do is keep the relevant details ready, which includes your policy number, while you are renewing your health insurance online, and you are good to go.
Finserv MARKETS presents the 'Health Combo Plan', a unique health insurance policy that combines the features of two products, the Health Insurance Base Plan & the Health Insurance Top-up plan.
Now you can manage medical uncertainties & rising health expenses easily, with dual benefits in the form of the Health Combo Plan. Get extensive medical coverage at affordable costs, that too without undergoing any tedious paperwork!
When it is about staying protected against unforeseen medical emergencies, an individual health insurance plan is a must! The need for getting an individual health insurance plan will be better understood by going through the benefits the policy provides. Here, take a look!
From day care procedures to in-patient hospitalization, individual health insurance available on Finserv MARKETS offers coverage against several medical issues. Choose the most ideal health insurance plan and stay protected.
One of the best among insurance providers in India - offering a sum insured of up to Rs. 50,00,000.
A standout USP among competition - this plan offers a 100% reinstatement of the sum insured in case you need treatment for the same illness post policy exhaustion.
We offer the highest individual health insurance coverage for ayurvedic/homeopathic hospitalization in India, up to Rs. 20,000.
The policy offers coverage up to Rs. 5,00,000 for bariatric surgery.
A health insurance exclusive – there is no sub-limit on organ donor treatment expenses.
Get a free health check-up once in 3 policy years, even if you've made claims.
For sum insured between Rs. 3,00,000 to Rs. 7,50,000 get coverage up to Rs. 15,000 for normal delivery and up to Rs. 25,000 for cesarean section.
Under this plan, get coverage for medical expenses incurred 60 days prior to immediate hospitalisation and 90 days after hospitalisation.
For more than 10 days of continuous hospitalization, this good health insurance plan provides Rs. 5,000 for sum insured up to Rs. 5,00,000 and Rs 7.500 for sum insured up to Rs. 7,50,000 – the best among competition.
This plan offers coverage of up to Rs. 20,000 for ambulance charges per policy year.
In the event of hospitalization, this medical health insurance plan provides daily cash benefit for 10 days per policy year. The amount is capped at Rs 500 per day.
Get an increment of 10% to 100% on the base sum insured for every claim-free year.
For each year, get 20% of the sum insured, up to Rs 1 lakh per policy year.
Apart from providing medical insurance coverage that takes care of the mother, this plan provides coverage for new born babies too.
Note: For the complete list of exclusions, refer to the PDF in the 'Download' section.
Let us understand the working of an individual health insurance plan with the following example.
You recently purchased an individual health insurance plan for yourself with a coverage of up to Rs. 5 Lakhs. In a few years, let us assume that you are sick and in urgent need of medical assistance. When admitted to the nearest hospital for treatment, the medical and hospitalisation bills rounded up to Rs. 4 Lakhs. Fortunately, your individual health insurance plan will cover the expenses incurred so that you don’t have to worry about the bills.
Now, if you did not have adequate health coverage during this time, you would have to bear the medical expenses from your pocket. So, to avoid putting your financial future at risk, it is time to buy an individual health insurance plan.
Partner Insurance Company
Partner Insurance Company
Individual Health Insurance Plan
Sum Assured Amount (in Rs.)
Pre- and Post- Hospitalisation
Waiting Period for Pre-Existing Diseases
Bajaj Allianz Health Insurance
Health Guard Plans
Between Rs. 1.5 Lakhs and Rs. 50 Lakhs
Pre-hospitalisation cover of 60 days.
Post-hospitalisation cover of 90 days.
Come join a family of 100+ million customers and allow us to take care of your financial needs.
The claim settlement facility is quick with no third-party involvement.
Unlike other health insurance companies in India, we offer reinstatement benefit for the same illness even if your sum insured is exhausted.
Customise your individual health insurance plan as you want so that your medical needs are fulfilled.
Get the best healthcare at 6500+ empanelled hospitals across India and plans that offer coverage from Rs. 1.5 to 50 Lakh.
Keep the following documents handy while you complete the online process!
No rocket science here! Follow 5 simple steps and you’re done.
Filing claims was never so simple. Just follow these steps and you’re done!
*Note: Relaxations in the timelines mentioned above may be considered in the extreme cases of hardship where it is proved to our satisfaction that under the circumstances in which you were placed, it was not feasible for the insured or the other individual to file a claim or give notice within the set timeframe.
The insurance provider may cancel your insurance policy providing a written notice 15 days prior to cancellation date. If no claim has been made, a refund of the premium for the unexpired policy period shall be provided on a pro-rata basis.
Your insurance policy will be cancelled for reasons such as non-disclosure of material facts, misrepresentation, fraud and non-cooperation.
As a customer, you may cancel your insurance policy by providing a written notice 15 days prior to cancellation date. If you've made no claims, the insurer will refund short-term rates for the unexpired policy period as per the rates detailed below.
|Period of Risk||Premium Refund - 1 Year Policy Period|
|Exceeding 15 days but less than 3 months||65.00%|
|Exceeding 3 months but less than 6 months||45.00%|
|Exceeding 6 months but less than 12 months||00.00%|
|Period of Risk||Premium Refund - 2 Year Policy Period|
|Exceeding 15 days but less than 3 months||75.00%|
|Exceeding 3 months but less than 6 months||65.00%|
|Exceeding 6 months but less than 12 months||45.00%|
|Exceeding 12 months but less than 15 months||30.00%|
|Exceeding 15 months but less than 18 months||20.00%|
|Exceeding 18 months but less than 24 months||00.00%|
Link to redirect customers to links category.
Need further assistance? Reach out on the Toll-Free Number: 1800-209-5858 to connect with an insurance expert.
Life is uncertain; you never know when a medical emergency may strike and catch you off-guard. Therefore, it is critical that you secure yourself with a Bajaj Allianz Individual Health Insurance plan available on Finserv MARKETS, to deal with such emergencies or unforeseen risks. Also, it is advised that one should buy a health insurance plan when one is young. The premium payable is comparatively less when one is young, and the benefits to be reaped by the policyholder over the long run are very attractive. Hence, millennials should definitely consider buying individual health insurance.
Lifetime renewal along with tax benefits under Section 80D of the Income Tax Act, 1961.
Unlike in a family floater wherein your entire family is covered under a single plan, an individual health insurance plan only covers you. Premiums for individual health insurance plans are more expensive than the family health insurance plans. However, the following points highlight why an individual health insurance plan is more beneficial.
A large number of customers trust us for various reasons. Here is why you must choose Bajaj Allianz Individual Health Insurance plan available on Finserv MARKETS.
The entire procedure to apply for a Bajaj Allianz Individual Health Insurance plan on Finserv MARKETS is quite simple, easy and convenient. You just have to fill up & submit the online application form, make the payment and your policy will be issued in no time.
I have taken an individual health insurance policy to cover myself. The online application process was quite smooth. It is one is the best investment I have made in my career.
Posted on 14 Jan 20
I applied for an individual health insurance policy, it is quite suitable for an individual like me who has just started working. I was satisfied with the inclusions and exclusions and bought a 3 lakh cover for myself. Thank you for your great services.
Posted on 17 Dec 19
I purchased a Bajaj Allianz individual health insurance plan for myself. The policies are good and completely apt for my needs. Was overwhelmed with their service and with the fact that all key hospitals in my locality are covered under their network.
Posted on 4 Jan 20
After a friend recommended, I got an individual health insurance policy from Bajaj Allianz health insurance. I had a really good experience while purchasing the plan on the online platform. The process was explained in detail & the claim process is also very smooth.
Posted on 23 Feb 20
During my recent hospitalization for a minor surgery, I experienced the quick and hassle-free claim settlement process of the Bajaj Allianz individual health insurance policy. My claim request was approved within very less time & I did not have to worry about the hospital bills. Great plan!
Posted on 26 Mar 20