Life is full of uncertainties and anyone can find themselves in the grasp of events that unsettle their normal lives. Accidents can happen anytime and anywhere. In addition, any accidental injury or at worst, the death of a breadwinner can disrupt financial stability for their family. The situation is often overwhelming when the family of the insured is not prepared to handle the unexpected and immediate financial burden. To take those entire financial burdens out and provide support in such situations, Bajaj Allianz Global Personal Guard Policy is offering its customers a health insurance plan to protect them from all possible hardships of life.
Eligibility Criteria of Bajaj Allianz Global Personal Guard Policy
The eligibility details of the Global Personal Guard Insurance plan by Bajaj Allianz have been mentioned here:
- Entry age of the proposer should be between 18 years to 70 years maximum
- Children between 3 months to 25 years of age can also be covered under this health plan
- The health insurance plan comes with lifetime renewability option
- The insurance plan can be opted for 1 year, 2 years or 3 years.
Features of Bajaj Global Personal Guard Policy
Mentioned below are some of the important features of the policy:
- This plan comes with affordable premiums which is irrespective of age
- Lifelong renewability
- Under this plan, industry first covers for adventure sports, air ambulance, loan protective cover and EMI payment cover
- 360 degree protection for all outcomes of accident
- Maximum entry age up to 70 years
Benefits of Global Personal Guard Policy
The insurance plan offers a wide range of features and benefits to the policyholders as mentioned below:
- Single Plan with Multiple Options: This health insurance plan comes with 3 base and 12 optional cover options to customers. An individual can choose one of their preferred base options and add optional cover for enhanced protection.
- Multiple Sum Insured Options: The health insurance plan by Bajaj Allianz offers sum insured options to the policyholder. The sum insured ranges from minimum Rs. 50,000 and maximum up to Rs. 25 cr.
- Comprehensive Cover: The health insurance plan not only provides financial coverage to individuals, but it provides industry-first covers for several adventure sports such as – sky sports, water sports, mountain sports, racing sports, etc. In addition to this, the plan covers the expenses of air ambulance, disappearance of the insured person, EMI payment and loan protector.
- Tax Benefits: The health insurance plan offers tax exemptions under Section 80D of the Income Tax Act. Section 80C benefits are not included.
Coverage under Bajaj Allianz Global Personal Guard Policy
The health insurance plan comes with the following mandatory base cover sections:
- Section I: Death
- Section II: Permanent Total Disability
- Section III: Permanent Partial Disability
These coverage options have been explained below:
Death: In the event of accidental death or death within 12 months from the date of accident during the policy term, the insurer will pay the sum insured amount stated in the policy. However, this benefit is a subject to certain terms and conditions. If the claim under this section, the company will pay the nominee the following additional benefits over and above the sum insured:
- Transportation Charges of the Mortal Remains: The insurance company will pay an additional 1% of the sum insured (as per the section I) as a lump sum amount towards the expenses incurred due to transporting the insured person’s body from the accident location to hospital, burial or cremation ground or to the policyholder’s residence.
- Funeral Expenses: Another additional amount 1% of the sum insured (as per section I) will be paid by the insurer as a lump sum benefit to the nominee of the deceased policyholder.
Permanent Total Disability: In case the policy owner sustains a serious accidental bodily injury throughout the policy term which directly or independently causes permanent total disability within 12 months from the date of that accident, then the insurer will agree to pay the benefits specified in section II. Here, permanent total disability means:
- Physical separation of or the loss of one hands and one foot or both the hands and both the feet
- Loss of both the eyes
- Loss of one eye sight
In above-listed conditions, the insurer will pay the following additional benefit to the policyholder:
- Lifestyle Modification Benefit: Bajaj Allianz will pay an additional payment which is 2% of the sum assured/ sum insured specified under this section. This amount is paid by them for lifestyle modifications like a vehicle for the policyholder or a place of residence, etc. However, certain terms will be applied, read policy document or contact the nearest branch for more details.
Permanent Partial Disability: In case the policyholder sustains a critical accidental bodily injury which directly or independently causes permanent partial disability during the policy term within 12 months from the date of the accident, the insurance company will pay some amount (in percentage) to the policyholder. Look at the table below to know more about the percentage provided as the benefit:
| Type of Permanent Partial Disability | Percentage of the Sum Insured |
| Hearing of both ears | 75% |
| An arm at the shoulder joint | 70% |
| A leg above mid-thigh | 70% |
| An arm above the elbow joint | 65% |
| A leg up to mid-thigh | 60% |
| An arm beneath the elbow joint | 60% |
| A hand at the wrist | 55% |
| An eye | 50% |
| A leg up to beneath the knee | 50% |
| A leg up to mid-calf | 45% |
| A foot at the ankle | 40% |
| Hearing of one ear | 30% |
| A thumb | 20% |
| Sense of smell | 10% |
| An index finger | 10% |
| Sense of taste | 5% |
| A large toe | 5% |
| Any other finger | 5% |
| Any other toe | 2% |
If any other permanent partial disability is not listed in the table above, the benefit would be provided as per the consideration of Government Civil Surgeon. The insurer will pay the percentage stated in the certificate provided by the Government Civil Surgeon. In case of more than one partial disability, the entire claim amount payable will be put together. However, this benefit should not exceed the limit of the sum insured chosen.
Optional Add-On Cover Options
The health insurance plan comes with a number of add-on cover options and they are optional. These options include:
- Optional Cover I: Accidental Hospitalization Expenses
- Optional Cover II: Adventure Sports Benefit
- Optional Cover III: Air Ambulance Cover
- Optional Cover IV: Children Education Benefit
- Optional Cover V: Coma Due to Accidental Bodily Injury
- Optional Cover VI: EMI Payment Cover
- Optional Cover VII: Fracture Care
- Optional Cover VIII: Hospital Cash Benefit
- Optional Cover IX: Loan Protector Cover
- Optional Cover X: Loss of Income due to Disability from Accident
- Optional Cover XI: Road Ambulance Cover
- Optional Cover XII: Travel Expenses Benefit
Exclusions under Global Personal Guard Policy
The health plan comes with the exclusions listed below:
- Any pre-existing illness, disease or condition and complications
- Intentional self-inflicted illness or injury, attempted suicide or suicide
- Nervous or mental disorder, depression, stress and anxiety
- Medical expenses incurred due to an injury caused by adventure sports (if not insured specifically for the activities)
- While under the influence of drugs, alcohol or any other intoxicant
- Through intentional or deliberate, criminal act or unlawful, omission or error, participation in an attempted or actual misdemeanor, crime, civil commotion, riot and felony
- While engaging in ballooning or aviation, mounting or dismounting in any aircraft (except for passenger) or balloon
- Participating as the main driver or as a co-driver or passenger of a vehicle during trial runs or actual motor racing
- Any sort of experimental treatment or interventions carried out on the insured person’s body
- Participation is naval, policy, air force or military operations whether for bringing peace or war due to military exercises, act of foreign or domestic enemies
- Consequential loss of actual or alleged legal liability
- Medical expenses of the HIV/ AIDS and related issues
- Treatment of sexually transmitted or venereal diseases
- Pregnancy, miscarriage, childbirth, abortion and other related complications
- Civil war, war, act of terrorism, invasion, revolution, rebellion, insurrection, usurped or military power, mutiny, capture, seizure, restraint or detainment, arrest, nationalisation or confiscation or requisition of or damage by the order given by any public authority or government
- Contamination or ionising radiation by radioactivity from a nuclear fuel or from a nuclear waste such as burning nuclear fuel, etc.
- Toxic, radioactive, explosive and other dangerous properties of an explosive nuclear tool or a part of that tool
- Learning to operate an aircraft or operating or performing duties as an important crew member of scheduled airline or aircraft
- Claims for osteoporosis
- Engagement in hazardous activities (unless specifically insured)
- Expenses of wrist bandages, neck belts, abdomen belts, walking sticks, CPAP and other similar external devices or aids.
Filing claim with Bajaj Allianz Global Personal Guard Policy
Under this policy, only Accidental Hospitalization Expenses Optional Cover is eligible for cashless treatment. Below mentioned is the process of filing claim with Bajaj Allianz Global Personal Guard Policy:
- Before taking treatment or any hospitalization, the insured person should call and request for the pre-authorization in written form provided by the company.
- After the insured’s request has been considered company will send the authorization letter.
- After the authorization letter and the ID card issued to the insured along with the documentation must be produced to the network hospital identified.
Documents required to file claim with Bajaj Allianz Global Personal Guard Policy
Mentioned below are the lists of documents required to file claim:
- Pre-authorization letter duly completed and signed by the claimant
- Copy of address proof
- Attested copy of death certificate
- FIR Report copy
- Post-mortem report
- NEFT Details & cancelled cheque
- Identity proof
- Attested copy of statement of witness
Renewal Process of Bajaj Allianz Global Personal Guard Policy
Following are the steps for renewal of Bajaj Allianz Global Personal Guard policy:
Step 1: Login with the username and password on the e-portal of Bajaj Allianz
Step 2: Click on the policy details and select payment mode i.e. Debit/Credit Card or Net Banking
Step 3: Print or save the receipt of premium payment
Surrender of policy
Policyholders can surrender the policy by giving at least 15 days notice in written form. Also, if no claim has been made in the policy year company shall refund premium on short term rates for the unexpired policy period.
Contact Details
Policyholders can contact for any query via:
Website: www.bajajallianz.com
Email: customercare@bajajallianz.co.in
SMS: GPG to 56070
Toll Free Number: 1800-209-0144/ 1800-209-5858
Address:
Bajaj Allianz General Insurance Co. Ltd,
G.E. Plaza, Airport Road, Yerawada,
Pune-411006