What is the Surgery Education Fund Benefit?
As education becomes increasingly important and the cost of education continues to rise, it’s important to insure your child’s education. Choosing a comprehensive insurance plan can alleviate a lot of stress by helping you manage your child’s education costs.
Bajaj Markets brings to you the FlexiCare Group Insurance Policy – a Surgery Education Fund Benefit from Manipal Cigna Health Insurance.
This policy plan supports a dependent child’s education if the policyholder sustains an accident that causes permanent total disablement, you can purchase this cover for just Rs. 39/year.
How to Apply for the Surgery Education Fund Benefit?
The application process for this plan is simple and straightforward. Just follow these steps to get started:
That’s about it! You’ll receive your membership details and welcome pack on your registered email ID.
Eligibility Criteria
Individuals between the ages of 18 and 65 are eligible for this surgery cover.
What's Covered Under the Surgery Education Fund Benefit
Policy Plan Details & Specifications
Premium including GST |
Sum Insured |
Rs. 39 |
Rs. 50,000 |
This plan is valid for a period of one year.
What’s Not Covered?
Any pre-existing diseases.
*For the complete list of exclusions, please refer to the policy document.
Waiting Period
Type |
Duration |
Initial Waiting Period |
30 Days |
Specific Illness Waiting Period |
24 Months |
Waiting Period for Specific Diseases and Procedures
A waiting period from the inception date specified in the policy document or insurance certificate shall be considered for any treatments, medical or surgical expenses, or other complications resulting during treatment.
The waiting periods shall apply to the following diseases as per the durations mentioned in the policy document or insurance certificate:
a) Cataract
b) Hysterectomy for menorrhagia, fibromyoma or prolapse of uterus unless necessitated by malignancy myomectomy for fibroids
c) Knee replacement surgery (other than that caused by an accident), gout, rheumatism, osteoarthritis,non-infectious arthritis and osteoporosis, joint replacement surgery (other than that caused by an accident), prolapse of intervertebral discs (other than that caused by an accident), all vertebrae disorders, including but not limited to spondylitis, spondylosis, spondylolisthesis, congenital internal.
d) Varicose ulcers and varicose veins
e) Biliary systems and stones in the urinary urogenital, including calculus diseases.
f) Benign prostate hypertrophy and all types of hydrocele
g) Fissure, fistula in anus, pilonidal sinus, piles, all types of hernia, haemorrhoids and an abscess related to the anal region
h) Chronic suppurative otitis media, sinusitis and related disorders, deviated nasal septum, surgery on tonsils/adenoids, nose and throat disorder or surgery, tympanoplasty and any other benign ear
i) Gastric and duodenal ulcer, polycystic ovarian diseases, any cysts/nodules/polyps/internal tumours/skin tumours and any breast lumps (unless malignant)
j) Any surgery of the genito-urinary system unless necessitated by malignancy
If these diseases are pre-existing at the time of the proposal or subsequently found to be pre-existing, the pre-existing disease waiting periods as mentioned in the policy document or certificate of insurance shall apply.
How to Make a Claim
You can raise a claim by contacting the insurer via any of these modes:
Email- servicesupport@manipalcigna.com
Toll-free number- 1800-102-4462
Customer Care Details
You can connect with us at Bajaj MARKETS by writing to us at:insuranceconnect@bajajfinservmarkets.in in case of any queries.
Frequently Asked Questions About the Surgery Education Fund Benefit
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✔️How much does the Surgery Education Fund Benefit Health Plan cost?
This health plan costs Rs. 39 per year, including GST.
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✔️What does the Surgery Education Fund Benefit Health Insurance cover?
This policy covers the subscriber’s dependent child’s education in the event that the subscriber suffers an illness or injury caused by accident covered under the policy and needs to undergo surgical procedure that directly results in permanent and total disablement.
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✔️How long is the Surgery Education Fund Benefit Cover valid?
This health plan is valid for a period of one year.
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✔️What is the sum insured for the Surgery Education Fund Benefit Insurance Policy?
The sum insured for this policy is Rs. 50,000.
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✔️Who is eligible for the Surgery Education Fund Benefit Plan?
Indian residents between the ages of 18 and 65 are eligible for this insurance plan.
