Buy Education Fund Cash Cover at just Rs. 99 per year


What is an Education Fund Cash Cover

Accidents and illnesses can make one unable to take care of their occupation or finances. It might put the education of their dependent child at risk. Also, education costs have been increasing exponentially over time. It gets even more difficult for a sole bread-earner. Hence, having a plan for your child’s future in case you meet with an accident or fall sick is a smart move.

Bajaj Markets  brings to you the FlexiCare Group Insurance Policy – Education Fund Cash Cover Cover for dependent children from Manipal Cigna Health Insurance. This insurance policy covers an amount of up to Rs. 20,000 for the educational expenses of your dependent child at just Rs. 99/year if you suffer an accident or fall sick.


Key Features of Education Fund Cash Cover

Here’s what makes this Education Fund Cash Cover a must have: 


High Sum Insured at a Low Premium

An amount of Rs. 20,000 is insured at a minimal premium of just Rs. 99/year including GST.

Super Convenient Claim Process

You can complete the claim settlement process through two simple ways, either by calling on their toll-free number or sending the insurer an email.

How to Apply for the Education Fund Cash Cover

The application process for this Education Fund Cash Cover is super easy. All you must do is follow a few steps to get covered:

  • 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.

Now, you will receive your membership details and welcome pack on your registered email ID. 

Eligibility Criteria  

To opt for the Education Fund Cash Cover, 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.

What's Covered under the Education Fund Cash Cover? 

Here are some of the inclusions under the Education Fund Cash Cover: 


Coverage Against the Expenses of Child’s Education

If the policyholder meets with an accident or falls sick resulting in permanent total disability within the year of policy, the insured sum will be paid to take care of the educational expenses of their dependent child.

This pay-out will be based on that mentioned in the schedule of the policy with respect to the tuition fees paid to the education of the dependent child for the year of policy.

It is to be noted that this pay-out will not depend on whether the dependent child is insured under the plan or not.


Policy Plan Details & Specifications 

Following are the pointers that specify Education Fund Cash Cover details: 

  • Coverage limit

Sum Insured

Premium including GST

Rs. 20,000

Rs. 99


  •  Validity 

One year



What’s not Covered under the Education Fund Cash Cover

Let’s also understand some of the exclusions of the Education Fund Cash Cover:

  • Pre-existing diseases are not covered.


How to Make a Claim 

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 make a claim in the following ways -   

  • Call 

Call on the toll-free number 1800-270-7000.

  • Email 

You may also email the team at by mentioning your policy number and other details.   



Customer Care Details 

Feel free to connect with us at Bajaj Markets. Just write to us at:


Frequently Asked Questions

  • ✔️How can I make a claim for the Education Fund Cash Cover?

    You can make a claim for this care plan via email at or by calling the insurer on their toll-free number (1800-270-7000).

  • ✔️Can my membership be cancelled anytime?

    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. 


  • ✔️Up to what sum does this policy insure?

    This policy insures up to a sum of Rs. 20,000 at a premium of Rs. 99/year.