Bajaj Allianz Insurance Plans

Bajaj Allianz Hospital Cash Daily Allowance

Hospital Cash Daily Allowance Policy protects you and your family from the trauma you face as a result of increased financial burden during hospitalization. This policy pays a daily benefit amount to cover incidental expenses during the period of hospitalization.
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Bajaj Allianz Insurance Review

Bajaj Allianz Insurance
Bajaj Allianz Insurance sum insured
3 lacs − 50 lacs options available
Incurred Claims Ratio *
Bajaj Allianz Insurance tenure options
For a period of 3 years
Claims Settlement Ratio **
List of network hospitals
6,500+ hospitals
Number of policies issued *
Maximum family floater coverage
Self, Spouse + 4 dependent children
Number of lives covered *
* As per IRDAI report for 2018-19   |   ** As per NL25 data published on the Insurance Company website

Bajaj Allianz Hospital Cash Daily Allowance review

  • Eligibility
  • Benefits
  • Key Features

Eligibility of Hospital Cash Daily Allowance

Hospital Cash Daily Allowance offers complete health protection for you, your spouse as well as children.
  • Entry age for proposer, spouse is from 18 years - 65 years.
  • Entry age for dependent children is 3 months to 21 years.

Benefits of Hospital Cash Daily Allowance

  • Sum Insured options available are
    • Rs 500 per day
    • Rs 1000 per day
    • Rs 2000 per day
    • Rs 2500 per day
    Cover is available for 30 days and 60 days per policy period.
  • This is an annual policy
  • Lifetime Renewal

Key Features of Hospital Cash Daily Allowance

The policy can be taken along with any other health insurance schemes,ESIS,CGHSetc.
  • The benefits payable are for each day of hospitalization
  • The benefit is doubled incase of ICU admission(for maximum 7 days)
  • Photocopy of discharge card, along with copies of reports, bills and prescriptions corresponding required for claims processing.
  • Income Tax benefit on the premium paid as per section 80D of the IncomeTax Act
  • 5% family discount applicable if 2or more family members are covered under the same policy. The family discount will be offered for both new policies as well as for renewal policie


Review Hospital Cash Daily Allowance Insurance brochure to understand coverage details.

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Proposal form

Fill the online Bajaj Allianz Hospital Cash Daily Allowance insurance proposal form.

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Policy wordings

Review Bajaj Allianz Hospital Cash Daily Allowance insurance policy wordings which explains the terms and conditions.

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    InstantCover Insurance Web Aggregator Private limited
    710, 6th B Cross, 16th Main Road, Koramangala 3rd Block, Bangalore - 560 034.

  • +91-(80)-41744345
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CIN: U66000KA2018PTC117713 | IRDAI Web aggregator License Code Number: IRDAI / INT / WBA /53/ 2018, Valid till 07/08/2022