1 - Bajaj Allianz General Insurance Co. Ltd.
Product : Silver Health Policy (Health Cover for Seniors)
Salient Features :
  • Eligibility : Age from 46 years to 75 years
  • Age at entry restricted to 70 years.
  • Cost of pre-acceptance medical tests are reimburse. However if the proposal is accepted the company.
  • 5% family discount available.
  • SI from 50,000 to 5,00,000 can be opted from 46 yrs to 70 yrs.
  • 5% cumulative Bonus for every claim –free years.
Note: Please refer to the policy documents for the complete Insurance Policy subject to the insurance Company.
Scope of Cover / Benefits :
  • The policy covers hospitalization expenses and an amount equivalent to 3% of admissible hospitalization expenses in respect of any and all pre and post hospitalization expenses
  • Covers ambulance charges in an emergency subject to a limit of Rs.1000/-
  • Pre-existing illnesses are covered from the second year of the policy.
  • The Company’s liability an case of any pre-existing illness form the second year of the policy would be restricted to 50% of the limit of indemnity in a policy year.
  • The policy has lifetime indemnity limit of three times the limit of indemnity specified in the earliest senior citizen plan, if the policy is renewed continuously.
  • Cashless facility ; with Silver health plan, the member has access to the cashles facility at various network of over 2400  hospitals across India (Subject to exclusion and conditions)
  • The member can opt for hospital besides the empanelled ones. In which case the expenses, incurred by him/her shall be reimbursed within 14 working days from submission of all the documents.
  • 20% of co-payment of the admissible claims to be paid by the member if treatment is taken in a hospital other than a network hospital.
  • Health checkup in designated Bajaj Allianze Diagnostic centers at the end of continuous four claim-free years
  • Income tax benefit on the premium paid as per section 80 D of the Income Tax Act as per existing IT law.
Note: Please refer to the policy documents for the complete Insurance Policy subject to the insurance Company.
Premium Rate / Chart :
SI /AGE AGE (in years)
46-50 51-55 56-60 61-65 66-70
50000 1995 2495 3824 4780 7170
100000 2993 3742 5736 7170 10755
150000 3741 4677 7170 8963 13444
200000 4646 5846 8963 11203 16805
300000 5845 7308 11203 14004 21006
400000 8767 10962 16805 18905 24199
500000 10959 13155 21006 23632 29039
* Service Tax as applicable
Note: Please refer to the policy documents for the complete Insurance Policy subject to the insurance Company.
Terms & Conditions :
  • All diseases / injuries existing at the time of proposing this insurance
  • Any disease contracted during the first 30 days of commencement of policy
  • Certain diseases such as hernia, piles, cataract, benign prostatic hypertrophy, hysterectomy shall be covered after a waiting period of 1 year
  • Non-allopathic medicine
  • All expenses arising from AIDS and related disorders
  • Pre-acceptance medical tests at the cost of the proposer. However if the proposal is accepted the company will reimburse the cost of medical tests.(only for fresh proposals)
  • Cosmetic, aesthetic or related treatment
  • Use of Intoxicating drugs, alcohol
  • Joint replacement surgery (other than due to accidents shall have a waiting period of four years)
  • Treatment of any mental illness or psychiatric illness
Note: Please refer to the policy documents for the complete Insurance Policy subject to the insurance Company.
Exclusions :
  • All diseases / injuries existing at the time of proposing this insurance
  • Any disease contracted during the first 30 days of commencement of policy
  • Certain diseases such as hernia, piles, cataract, benign prostatic hypertrophy, hysterectomy shall be covered after a waiting period of 1 year
  • Non-allopathic medicine
  • All expenses arising from AIDS and related disorders
  • Pre-acceptance medical tests at the cost of the proposer. However if the proposal is accepted the company will reimburse the cost of medical tests. (only for fresh proposals)
  • Cosmetic, aesthetic or related treatment
  • Use of Intoxicating drugs, alcohol
  • Joint replacement surgery (other than due to accidents shall have a waiting period of four years)
  • Treatment of any mental illness or psychiatric illness
Note: Please refer to the policy documents for the complete Insurance Policy subject to the insurance Company.