(Personal Loan – STANDALONE COVER) BAJAJ ALLIANZ SURAKSHA KAVACH (GROUP) Bajaj Allianz Suraksha Kavach is a comprehensive insurance plan that covers personal loan borrowers. This plan covers various benefits like Critical Illness, Credit Shield, Accidental Death, Accidental Hospitalisation, Loss of Job and Householder’s Coverage at a very competitive rate. PRODUCT HIGHLIGHTS Provides financial security in case of unfortunate events Minimum documentation Quick settlement of claims Tax benefit under section 80D (Basis Critical Illness & Accidental Hospitalisation cover only) WHAT IS COVERED Critical Illness: Covers the following 15 major critical illness: Myocardial Infarction First Heart Attack -of Specified Severity Open Chest CABG Stroke Resulting in Permanent Symptoms Cancer of Specified Severity Kidney Failure Requiring Regular Dialysis Major Organ/Bone Marrow Transplantation Multiple Sclerosis with Persisting Symptoms Surgery of Aorta Primary (Idiopathic) Pulmonary Hypertension Permanent Paralysis of Limbs Alzheimer’s Disease Progressive Scleroderma Pulmonary Artery Graft Surgery Goodpasture’s Syndrome Apallic Syndrome Credit Shield: Covers your outstanding loan amount in case of Accidental Death or Permanent Total Disability. It helps you to reduce the burden of your nominees. Personal Accident - Death: Accident of an earning family member can cause serious financial problems for any family. This policy provides coverage up to Rs.4 lakhs (as per the plan selected) to the insured in case of Death. Accidental Hospitalisation: Covers the insured in case of hospitalisation after a serious accident up to Rs.1 lakh (as per the plan selected). Thus relieving the family of the insured to a large extend. WHAT IS NOT COVERED Pre-existing disease not covered FREE LOOK You have a period of 30 days from the date of receipt of the Policy document to review the terms and conditions of this Policy. If you have any objections to any of the terms and conditions, you have the option of cancelling the Policy by stating the reasons for cancellation and the premium paid by you will be refunded after adjusting the amounts spent on any medical check-up, stamp duty charges and proportionate risk premium. You can cancel your Policy only if you have not made any claims under the Policy. All your rights under this Policy will immediately stand extinguished on the free look cancellation of the Policy. Free look provision is not applicable and available at the time of renewal of the Policy. COVERAGE DETAILS Age option below 50 yrs & above 50 yrs Benefit Payable/ Plan Option Critical Illness Credit Shield Personal Accident Cover- Death Accidental Hospitalisation Less than equal to 99,999 Tier 1 100000 Outstanding Loan Amount 100000 100000 Greater than equal to `1 Lac All Tiers 800000 Outstanding Loan Amount 100000 100000 CLAIM PROCESS Customer Service No: 1800 209 5858 Email: BagicGrievance_HDFCTele@bajajallianz.co.in / bagichelp@bajajallianz.co.in Submit all the requisite documents at the nearest Bajaj Allianz General Insurance Office
