Update: 07 Apr 2021 11:52 AM STI
Pune (Maharashtra) [India], April 7 (ANI / NewsView): Bajaj Finance Limited, the lending and investment arm of Bajaj Finserv, has added more than 100 types of affordable health plans to its Pocket Insurance & Subscriptions category.
Amidst a turbulent economy facing job cuts, wage cuts and income losses, households across the country are reeling from the rising costs of healthcare spending. Money is a major stumbling block in accessing quality health care, especially when you can’t always opt for conventional insurance plans.
To meet the needs of people seeking easier access to affordable and quality health care, Bajaj Finance announced the addition of more than 100 health plans, on the occasion of World Health Day. As a unique and unconventional offering, here is why these 100 Pocket insurance plans can be a great solution for a large part of the population.
Large range of products
The health plans listed under Pocket Insurance & Subscriptions provide coverage against scenarios typically overlooked by conventional insurers. Some of the products offered in the Health category include dengue coverage, personal accident coverage for children, ambulance coverage, ICU cash coverage and medical convalescence, among others.
Affordable premium and higher coverage amount
Given the immediate need for affordable health care plans and the rising costs of medical treatment in the country, these products offer high amounts of coverage at affordable premiums.
For example, the COVID-19 insurance plan offers coverage in the range of Rs 50,000 to Rs two lakh, for affordable premiums starting at Rs 952.
Likewise, Infection Cover offers coverage of up to Rs 50,000, at a nominal premium of only Rs 79 per year. Another example is the Hospital Cash Cover plan, which covers day-to-day expenses while the insured is in hospital treatment. One can opt for this plan by paying a premium of only Rs 549 and receiving Rs 1000 per day for 30 days to cover hospital costs.
Easy request and complaint process
Those looking to purchase these health plans can do so from the comfort of their own homes. One can complete the online application form, pay the premium amount through one of the multiple payment options and instantly purchase these affordable health insurance products offered by Bajaj Finserv. In addition, a claim can be made either by sending an e-mail to the insurer or by calling the company’s toll-free number.
In addition to health plans, Pocket Insurance & Subscriptions also offers various subscriptions and assistance products for daily risks and contextual offers tailored to your lifestyle. Some of these products include Wallet Care, Mobile Screen Protection, Cycle Cover, Key Safeguard, and Watch Secure, which provide protection against the small risks of everyday life.
Bajaj Finance Limited, the loan company of Bajaj Finserv Group, is one of the most diverse NBFCs in the Indian market, serving more than 40 million customers across the country. Based in Pune, the company’s product offering includes fixed deposit, pocket insurance and subscriptions, insurance, consumer sustainable lending, lifestyle finance, health care finance. Life, Digital Product Finance, Personal Loans, Home Loans, Small Business Loans, Home Loans, Credit Cards, Two & Three Wheel Loans, Business Loans / SME Loans, Title Loans and rural finance which includes gold loans and vehicle refinancing loans as well as fixed deposits. Bajaj Finance Limited is proud to hold the highest FAAA / Stable credit rating for any NBFC in the country today.
To find out more, visit: www.bajajfinserv.in.
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