Education costs have been increasing exponentially over time. This has made it difficult for most households to be able to bear with the soaring expenses. It gets even more difficult for a sole bread-earner. Hence, having a plan for your child’s future is a smart move and saves their career if there is any mishap.
Bajaj Markets brings to you the FlexiCare Group Insurance Policy – Education Fund Benefit Cover for dependent children from Manipal Cigna Health Insurance. This insurance policy covers an amount of up to Rs. 4 Lakhs for the educational expenses of your children, only if the child is under 25 years of age
Here’s what makes this Education Fund Benefit a must have:
Please note that the validity of the benefit prevails only if the dependent child’s age is below 25 years as on the occurrence date. Also, if there is more than 1 child then the insured sum will be divided among all the children who are eligible equally.
The application process for this Education Fund Benefit is super easy. All you must do is follow a few steps to get covered:
Head to the page and click on ‘Buy Now’.
Fill in the necessary details in the online application form.
Once you submit the application form, pay the premium charges. The policy will then be sent to your registered email ID.
Now, you will receive your membership details and welcome pack on your registered email ID.
To opt for the Education Fund Benefit, you need to meet the basic eligibility parameters listed below:
You must be a Resident of India.
Your age must be between 18 and 65 years.
Following are the details that specify Education Fund Benefit details for 1 year:
Premium including GST
Rs. 1 Lakh
Rs. 2 Lakhs
Rs. 4 Lakhs
Let’s also understand some of the mandatory exclusions of the Education Fund Benefit –
Accident due to adventure sports
If the policyholder suffers an accident due to their participation in adventure sports then the benefit amount cannot be claimed.
You can raise the claims for the the reimbursement for the consultation of doctors of the benefits of radiology or lab in these steps -
You can send an email the team at email@example.com by mentioning your policy number and other details.
Call on the toll-free number 1800-102-4462.
Feel free to connect with us at Bajaj Markets. Just write to us at: firstname.lastname@example.org
You can make a claim for this care plan via email at email@example.com or by calling the insurer on their toll-free number (1800-102-4462).
Yes, your membership can be cancelled any time as per your wish. You can call our 24-hour helpline for assistance or send us an email. In case you wish to cancel within 30 days from the date of commencement of your membership, you will receive a full refund of your payment. However, note that it is only applicable if you haven’t made any claim.
Please note that the validity of the claim prevails only if the dependent child’s age is below 25 years as on the occurrence date. Also, if there is more than 1 child then the insured sum will be divided among all the children who are eligible, equally.