Coverage of up to Rs. 25,000 | Buy Children's Education Cover at just Rs. 189

What is Children's Education Cover?

The importance of education cannot be emphasised enough. After all, education is a tool that will enable them to improve their standard of living. That being said, most people need financial support to provide education to their children. The unique plan offered by Care Health Insurance–Children’s Education policy–can offer financial support with a very minimal premium amount. You can buy this plan for your child on Bajaj MARKETS for a hassle-free experience.

Key Features & Benefits

Here’s how the children’s education insurance policy can benefit you:

Accidental Death

In case of accidental death during the policy period, this education insurance policy shall cover the insured’s family.

Education Cover for Children

In case of any accidents, the policyholder shall receive a fixed amount for their dependent children and other additional payables as the Children’s Education benefit.

How to Apply for Children’s Education Cover?

You can apply for the Children’s Education Cover policy on Bajaj MARKETS in a few simple steps:

  • Click on Buy Now

    Head to the page and click on ‘Buy Now’.

  • Submit details

    Fill in the necessary details in the online application form.

  • Pay online

    Once you submit the application form, pay the premium charges. The policy will then be sent to your registered email ID.

Eligibility Criteria

Check out the below points to know if you can avail the education insurance policy for your child:

  • Here, ‘child’ means biological or legally adopted kid

  • Must pursue a regular course

  • Must be financially dependent on the insurance holder

  • Must be below 25 years old

What’s Covered?

  • Accidental Death

    Every policyholder will be covered during instances of accidental death during the cover period. However, it means that the accidental death has to happen within 12 months from the date of the accident.

  • Education Cover for Children

    In case of any accidents, the insured individual will get the fixed amount for their dependent children along with other additional payables as part of the Children’s Education benefit. So, in case of an unfortunate demise of the parent or guardian, children can continue to pursue their education.

Policy Details & Specifications

Following are some of the key details of the children’s education insurance cover:

Premium Amount

₹189

Coverage Limit

₹25,000

Validity

1 year

Payment Methods

UPI, Mobile Wallets, Debit Card, Credit Card

What’s Not Covered? 

Here are the two common reasons why claims get rejected under this policy:

  • No Valid Proof of Relationship with Child

If the relationship between the insured member and the child/children cannot be proven, then the child will not be covered for education by the Children’s Education policy.

  • Individuals Over 25 Years of Age

Members or dependents over 25 years of age will not be covered by the Children’s Education Cover.

For a complete list of exclusions, please refer to the policy wordings.

How to Make a Claim for Children's Education Cover?

You can raise your claim by any of the two following methods.

  • You can drop an email at claims@careinsurance.com

  • For immediate resolution, you can call on 1800-102-4488.

Note: You must provide the policy number and other important details about the incident in the mail.

Customer Care Details

Children’s Education FAQs

  • ✔️Will dependents over 25 years of age be covered?

    No, they will not be covered.

  • ✔️How much premium do I have to pay for the education insurance cover?

    For  education insurance plan, you will have to pay a nominal premium amount of ₹189.

  • ✔️Will accidental death be covered?

    Yes. Accidental death will be covered under the education insurance cover, providing support for 12 months after the date of the accident.

  • ✔️What is the maximum coverage offered for educational expenses?

    Under the education insurance plan, you will receive coverage of up to ₹25,000 for educational expenses.

  • ✔️How much coverage is provided in cases of accidental death?

    In cases of accidental death, a cover of ₹10,000 will be provided.