Student Insurance

Accidents are always unpredictable and can occur anytime and at any age. This makes it all the more important to have suitable insurance coverage. If you want to safeguard your child’s future from any unfortunate, unforeseen events, a great way to do it is with the help of a strong student insurance plan. 

Student insurance plans come with several benefits, like education costs coverage, disability coverage, critical needs coverage, and so on. Therefore, with a student insurance policy, you will be able to rest easy knowing your child’s future is secure, no matter where fate leads. Furthermore, these days, it is super easy to sign up for student insurance online. Firstly, you will be able to go through the policy details and specifications with ease. Subsequently, you will be required to provide your personal details, select your insurance plan, and proceed with payment to get your child insured.

So what are you waiting for? Buy a student cover through the Bajaj Markets portal and get an extensive coverage plan at just ₹499 per year.

Your insurer will communicate policy and membership details policy and membership details via your registered email ID.

The eligibility criteria for applying to student insurance plans depend upon the age of the concerned students. Some of the details are given below:

• The students of the age group between 3-18 years shall be covered under the School Student Care insurance.

• The students between 15-25 years of age are covered under the College Student Care Insurance policy.

• The student health insurance policy can also apply to schools, colleges and research institutions.

• The insured sum for this Basic student insurance cover for Death and Permanent Disability differs for both student groups. On the other hand, for college students, it is ₹1,000,00. 

• By paying an extra premium of ₹0.60 per mile, you can increase your insured sum in multiples of ₹10,000 up to a maximum ₹1,000,00.

• You can apply for student health insurance by filling in the online application form with the required details on the website. There is no need for any documentation during online form submission. 

1. Expenses for OPD

The student insurance plan provides coverage of up to Rs.10,000 for out-patient treatment, restricted to bone dislocation, fractures and other lacerations.

2. Cover for hospitalisation

The student accident insurance plan covers unforeseen events such as an accident and all hospitalisation expenses extending up to Rs. 50,000.

If you want to get more details about the student insurance plan, then refer to the pointers below:

Extensive Coverage limit

Up to Rs. 1 Lakh

Validity

1 year

Flexible Payment method

Mobile wallet, UPI, net banking, NEFT, bank transfer etc.

Like any other insurance policy, even a student insurance plan has exclusions. Any expenses other than medical expenses of the insured student or the cover offered in case of the untimely death of earning parents are not covered in this student accident insurance policy.

To raise the claim for a student plan, customers can follow the methods mentioned below to contact the insurer:

Email

You can mail at care.healthinsurance@adityabirlacapital.com

Call

You can also dial the toll-free number at 1800-270-7000

Get in touch with us at Bajaj Markets via insuranceconnect@bajajfinservmarkets.in