Bajaj Allianz General introduces new policy with unlimited sum insured

Bajaj Allianz General Insurance has recently launched a new health insurance, ‘Health Infinity’, which bears the additional cost provided the policyholder bears a portion of that additional expense. Bajaj Allianz General Insurance says that their new health policy is the first individual health insurance in the industry, which offers unlimited Sum Insured (SI). Customers will be able to choose coverage limit as per the per day room rent options that range between Rs. 3, 000 – Rs. 50,000. Depending on the chosen option, the customer will be indemnified 100 times of the per day room rent limit. After the limit of 100 times, if the claim amount exceeds, a co-payment of 15%, 20%, or 25% is applicable as opted by the customer at the time of the policy buying, which is applicable only on the claim amount.