Bajaj Capital Financial Services has partnered with Go Digit General Insurance Limited, one of the fastest-growing general insurance company in India to offer customized Covid-19 Health insurance Plan exclusively for the clients of the company.
Bajaj Capital has been conducting insurance reviews with clients through webinars in these troubled times. The need for a Covid-19 health insurance policy by those who have recovered from the infection was strongly felt by the company. On approaching Go Digit to cater to this specific requirement, Bajaj Capital is able to offer this customizable solution to the clients suiting their needs.
This customized group insurance policy will help in meeting hospital expenses of the investors or the clients of Bajaj Capital, during hospitalization arising out of Covid-19.
The uniqueness of the offering is that even those individuals who have recovered from Covid-19 after testing positive can buy this policy on the basis of self-declaration. Unlike most other Health Insurance Plans, there is no waiting period or cooling-off period of 90 days between last Covid-19 negative report and buying this plan.
- The plan is available on Individual Coverage basis for One yea
- Entry age is 1 day to 60 years
- Sum insured options – 3 / 4 / 5 lacs
- Room Rent – No Restriction
- ICU Room – No Restriction
- Pre/ Post Hospitalization – 30 | 60 days
- Road Ambulance – 1% of Sum Insured
- Corona recovered persons – Persons recovered from Corona can be covered
- Individual with co-morbities can buy the planHome treatment covered upto 10000 depending on variant opted under the plan
Sanjiv Bajaj, Joint Chairman & MD, Bajaj Capital says, “Our endeavour in these troubled times is to ensure that investor community need not eat into their savings to meet hospitalization cost arising out of Covid-19 treatment. The group insurance policy aims to provide not just hospitalization expenses including ICU Rent and Room Rent but also Pre and Post Hospitalization and even the Ambulance Charges for any individual tested positive for Covid-19 infection. The idea is to help investors focus on their long term goals without having to worry about medical bills. Amidst the Covid-19 pandemic, protecting wealth is equally important as the cost of hospitalization is seen to run into a few lakh of rupees for a 14-days stay in a hospital. We believe every individual need to get adequate health insurance coverage in these unprecedented times.”
People with co-morbid conditions like hypertension and diabetes can also purchase this policy but only Covid-19 related expenses will be covered. The group insurance plan has been devised to specifically meet the requirements arising in the treatment of Coronavirus infection. The charges for a maximum 1 PPE kit per day shall be allowed subject to the limit of INR 1500 per day provided that such PPE kit is used by the treating medical staff while the patient is undergoing treatment in the hospital.
The Home Care Treatment Expenses shall cover reasonable and customary costs of treatment of COVID-19 infection, incurred by the Insured member on availing treatment at home for a maximum period of up to 14 days provided the Medical practitioner advises the Insured person to undergo treatment at home.