Medical exigencies can arrive at any time; an unforeseen diagnosis of a lethal disease or any critical health condition can rob you of your financial stability and leave you in disarray. Additionally, the inflated cost of hospitalisation and treatment can add further to this misery. In such an uncertain scenario, a Mediclaim Convalescence Cover available on Bajaj MARKETS will prove beneficial, providing adequate financial coverage and helping you avail of instant medical assistance without straining your finances.
Mediclaim Convalescence Cover extends the following features:
Applying for a Mediclaim Convalescence Cover is permissive and hassle-free. Here are the steps that will guide you to avail of the plan conveniently.
Once you complete this process, your policy details will be sent to your registered email id.
You have to adhere to the following eligibility criteria while purchasing a Mediclaim Convalescence Plan:
Your age must fall in the age bracket of 18 to 65 years.
You will not receive coverage for sustained injury resulting from any adventure sports activity.
Here are the types of expenses for which the Mediclaim Convalescence Cover will provide coverage:
Hospitalisation charges: You can file a claim for the plan if you suffer from any illness, injury or peril during the policy term. You will receive financial compensation of Rs.50000.
Note: However, financial support is offered only if the diagnosis of the ailment is confirmed by a registered physician and following a continuous hospitalisation of 7 days. A point to remember here is that there is a 30 days waiting period before applying for hospitalisation benefits.
Doctors’ fees and medication: This insurance plan extends monetary assistance covering consultation charges, both during and after the hospitalisation.
Medication costs: With this insurance plan, you will receive reimbursement for all the medicine required during the hospitalisation.
Here are the policy details of Mediclaim Convalescence Cover:
Plan validity: For 1 year
Coverage limit: You can get a minimum sum assured of Rs. 25000 and a maximum amount of Rs. 50000.
Additionally, it would help if you had a well-rounded idea regarding the annual fee payment that you have to make for the concerned sum assured.
Coverage Amount |
Premium |
Rs. 25000 |
Rs. 344 |
Rs. 50000 |
Rs. 754 |
Note that the above membership fees that you have to pay are inclusive of GST.
Here are the exclusions under this insurance plan that will help make an informed decision while availing of the product:
The plan will not offer financial security for hospitalisation costs if the injured person is admitted for less than seven days.
Mediclaim Convalescence Cover will not extend financial help to those not falling in the age bracket of 18 to 65 years.
You can conveniently claim for the Mediclaim Convalescence Cover by the following modes:
Call on toll-free number: Dial the helpline number 1800-102-4462
Via email address: Send a mail to servicesupport@manipalcigna.com
You can connect with us at Bajaj MARKETS by writing to us at: insuranceconnect@bajajfinservmarkets.in
Yes, you can choose a sum assured of Rs. 50000 or Rs. 25000 as per your need.
No, you cannot purchase Mediclaim Convalescence Cover to secure your 14-year-old child from medical contingencies. You can only avail of the plan if your age falls in the age bracket of 18 to 65 years.
You cannot renew the Mediclaim Convalescence Cover; you can only repurchase it after 1 year.
No, you will not receive any financial coverage under the Mediclaim Convalescence Cover if you hurt your foot during a paragliding event. The plan does not cover any injuries resulting from adventure sports.
No, you are not required to visit the company in person to purchase the Mediclaim Convalescence Cover. Instead, you can apply for it on the official website of Bajaj MARKETS by navigating to the Pocket Insurance & VAS page.