Insurance is like a spare tyre. You may not require it, but not having one is not an option.

Bajaj Allianz Car Insurance Personal Care Policy

Purchasing a car is a huge investment which requires planning and preparation. Chances are, we may need a hand from a financial company in the form of a car loan to make this huge purchase. The expenses do not stop at the purchase of your car, we also need to think about insuring the car which will make sure that we are completely safe on the roads. The 'Personal Care Insurance Policy' by Bajaj Allianz is designed keeping you as a priority. It comes loaded with features and benefits that ensure you are worry free on the road and secure from all unforeseen instances.


Bajaj Allianz Car Insurance Personal Care Policy Coverage

Covers in Personal Care Insurance Policy includes:

  1. Personal Accident Care
  2. This cover secures the following:

    • Death Cover: During the Policy Period, if the insured meets with an accident which results in their death within 12 months of the accident, then Bajaj Allianz will pay 100% of the insured amount to the specified nominee.
    • Permanent Total Disability Cover: During the Policy Period, if the insured meets with an accident which results in their permanent total disability within 12 months of the accident, then Bajaj Allianz will pay the insured 125% of the insured amount.
    • Permanent Partial Disability Cover: During the Policy Period, if the insured meets with an accident which results in their permanent partial disability within 12 months of the accident, then Bajaj Allianz will pay the insured a percentage of the Sum Insured (specified for this cover) for each form of listed impairment.
    • Temporary Total Disability Cover: During the Policy Period, if the insured meets with an accident which results in the insured being unable to attend their work, he/she will be entitled to get Rs. 5000 per week with this cover. The insured can avail this weekly payment for a maximum of 100 weeks from the date of the accident or until he/she can go back to work.

    Additionally, the insured can also avail Transportation Benefits and Children's Education Benefits. For more details regarding this please contact Bajaj Allianz or check out the official website.

  3. Payment Protection Care
  4. During the Policy Period, if the insured meets with an accident which results in their permanent total disability and/or death within 12 months of the accident, then Bajaj Allianz will pay the insured the balance outstanding car loan amount.

  5. EMI Care
  6. During the Policy Period, if the insured meets with an accident which results in the insured being hospitalized for a minimum period of 7 consecutive days and unable to attend their work for a minimum period of 30 consecutive days, then he/she will be able to avail this cover. Bajaj Allianz will pay 1/3rd of the insured amount every month or their EMI (whichever is lower).

    This payment can be availed until the insured person is able to get back to work or for a maximum of 3 months from the date of the accident, whichever is earlier.

  7. Medical Expenses Care
  8. During the Policy Period, if the insured meets with an accident, Bajaj Allianz will pay for the medical expenses that arise out of the insured’s sustained injuries. Everything from the customary and reasonable medical expenses sustained by the insured person including the in-patient charge and day care treatments. Expenses for nursing care, undergoing medical procedures, attention of medical staff, as well as medical consumables will be covered. In addition, the charge for the ambulance used for transporting the injured from the accident site will also be covered (up to Rs. 1000 per claim).

Bajaj Allianz Car Insurance Personal Care Policy Exclusions

Personal Care Insurance Policy does not cover events linked to the following

  1. Unintentional Bodily Injury that the insured:

    • due to self-inflicted injury/illness, suicide or attempted suicide.
    • when under the influence of drugs or alcohol.
    • if the insured breaks any law and is thus in an accident in relation to it
    • if the insured takes part in activities such as aviation or ballooning.
    • if the insured is in a motor vehicle during motor in a race/ trial runs.
    • Due to any interventions/curative treatments on the insured’s body.
    • if the insured takes part in naval, air force or military operations.
  2. Losses that the insured suffers because of alleged or actual legal liability.

  3. Disablement/injury/ death which is directly/indirectly caused by or contributed to by a pre-existing condition. This exclusion will be seized under certain situations. Please check the official website for more details.

  4. Sexually transmitted diseases and Venereal diseases.

  5. Any HIV related diseases including AIDS (Acquired Immune Deficiency Syndrome), HIV (Human Immunodeficiency Virus) and/or variations of these.

  6. Pregnancy, miscarriage, childbirth, abortion or complications due to any of these.

  7. War, invasion, including civil war, rebellion, insurrection, detainment, confiscation, revolution, mutiny etc.

  8. Nuclear radiation and related damages.

Eligibility For Personal Care Policy with Bajaj Allianz

In order to apply for a Personal Care Insurance Policy from Bajaj Allianz, one must:

  • Be between the ages 18 and 65.
  • Purchase a car by getting a car loan from a financial institution.
  • Must not:
  • Be part of the Paramilitary, Military or Police Departments
  • Be alcoholics or drug abusers
  • Be patient of epilepsy and undergoing treatment for it.
  • Be working with electric installations with high tension supply, working in underground mines, jockey, big game hunters, circus performers, professional river rafters, mountaineers or have other similar occupation.

Premium Amount and Plan Description of Bajaj Personal Care Policy

Cover

Silver Plan: Sum Insured

Gold Plan: Sum Insured

Platinum Plan: Sum Insured

Transportation Benefit

Rs. 5000

Rs. 5000

Rs. 5000

Payment Protection Care

Rs. 250000

Rs. 375000

Rs. 625000

Medical Expenses Care

Rs. 75000

Rs. 100000

Rs. 150000

EMI Care

Rs. 30000

Rs. 45000

Rs. 75000

Personal Accident Care

Rs. 500000

Rs. 750000

Rs. 1250000

Children’s Education Benefit

Rs. 10000

Rs. 10000

Rs. 10000

Annual Premium (Service Tax Extra)

Rs. 1405

Rs. 1950

Rs. 2990

GST Update: GST of 18% is applicable on car insurance effective from the 1st of July, 2017

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