Bajaj Allianz Health Infinity Plan

There are many reasons why you should choose the Health Infinity plan from Bajaj Allianz. Some of the benefits offered by the plan are mentioned below:

Preventive Health Check Up:

You are qualified for a free preventive health checkup at the conclusion of each continuous term of three years during which you have held the Health Infinity policy from Bajaj Allianz. For each member of the individual policy over the course of the three-year period, the plan will repay the sum equal to the daily room rent chosen (up to a maximum of Rs. 5000), whichever is lower.

Wide Range Of Discounts:

The plan offers the following discounts to the policyholder:

• Wellness Discount: If the insured person submits the medical test results as specified in the policy brochure and all of the results are within the normal range, they are eligible for a 5% discount at each renewal.

• Long-Term Policy Discount: In case you opt for the policy for 2 years, you will get a 4% discount. Whereas, if your policy is for 3 years, an 8% discount will be applicable.

• Family Discount: If two or more qualified family members are covered under a single policy, a 5% family discount will be given.

• Employee Discount: Employees of Bajaj Allianz and its group firms are eligible for a 20% reduction on published premium rates; however, this discount is only valid if the policy is booked using a direct office code.

• Online Discount: For insurance bought online, through a website, or directly from a consumer, a 5% discount is given. Direct consumers are given this perk in place of a commission.

Reduction In Waiting Period:

If the proposed insured is currently insured and has never experienced any gaps in coverage, the number of consecutive years the insured had coverage in the years prior will be deducted from the waiting periods listed in the brochure.

Portability Option:

The plan also offers portability benefits to the policyholder. The insured beneficiary will have the choice to port the policy to other insurers at least 45 days before, but not earlier than 60 days from the policy renewal date.

Migration Benefit:

According to IRDAI migration guidelines, the insured beneficiary will have the choice to migrate the policy to other health insurance products or plans offered by the company by requesting for migration of the policy at least 30 days prior to the policy renewal date.

Tax Benefits:

Under Section 80 D of the Income Tax Act, 1961, you can avail of tax benefits on the premiums paid for the policy. This will help you out in saving a great deal of money.