Canara BankHealth Insurance

Apply Canara Bank Health Insurance Policy With Bajaj Allianz

Apply For Canara Bank Health Insurance Policy With Bajaj Allianz and Know the option to continue the Synd Arogya Benefits of existing policy with Syndicate Bank  – Syndicate Bank has discontinued the Synd Arogya healthcare policy post merger with Canara Bank, which was offered to their customer in association with M/S United India Insurance Company Limited (UIICO) since 1st April 2020. Syndicate Bank had issued a public notice in this regard on their website here .

There are many customers who are availing this facility for long and still wanted to continue. Canara Bank is now offering the same insurance policy to the customers of the Syndicate Bank with extended benefits through various insurance companies like Bajaj Allianz, Tata AIG etc.

Read – How To Renew Synd Arogya Health Policy Online ?

Bank has taken care of the long association of their customers and provided the option to renew the existing policy with enhanced features and Synd Arogya Benefits. The renewal option will be provided to all the policies where renewal is pending since 1st April 2020.

All “Synd Arogya” policyholders that M/s.United India Insurance Co Ltd has served 90 days notice of withdrawal of the existing “Synd Arogya Group Mediclaim Policy” due to various market strategies and the relevant IRDAI regulations. It is also informed that the existing “Synd Arogya Group Mediclaim Policy” will no longer be available in the market from 31st March 2020. Further, during this period, existing policyholders may renew their policies expiring before 31st March, 2020. However, no fresh proposals will be accepted from 13th December 2019

Canara Bank Health Insurance Policy With Bajaj Allianz – Features

Features Particulars
Sum Insured options 50K/1/1.5/2/2.5/3/3.5/4/4.5/5 Lakhs
Plan Type Floater
Family definition Self/Spouse/Dependent Children/Dependent Parents or Parents-in-law
Entry Age eligibility Adult 18 to 65 yrs
Entry Age eligibility Child 91 days to 25 yrs
Renewal Age eligibility Lifetime
Room Rent sub limit Actual
ICU Sub limit Actual
Day Care procedures 182 Daycare procedures covered
Pre policy medical test NA
Pre hospitalization 60 Days
Post hospitalization 90 Days
Ambulance expenses Up to Rs. 1000 per policy period
Health Checkup 1% of Sum Insured after 3 claim free years
Daily cash allowance Only for single parent/Guardian accompanying an insured child below the age of 12 years
Maternity expenses Up to 5% of Base Sum Insured
New born baby cover Covered as part of Maternity Expense
Funeral Expense Up to Rs. 1000 per policy period
Policy period 1 year
PED waiting period 36 months
Specific diseases waiting period 24 months
9 Specified disease waiting period 48 months
Maternity waiting period 9 months
30 days waiting Yes
Personal Accident Rider (Accidental Death Only) Covered

Canara Bank Health Insurance Policy Benefits – Premium Payment Rate Chart for Bajaj Allianz Health Insurance Policy

PLAN – A ( 1+3) [Self+spouse+2 dependent children] , GST Included

Sum Insured Premium
Rs 50,000 Rs 3859
Rs 1,00,000 Rs 7458
Rs 150000 Rs 10932
Rs 200000 Rs 14075
Rs 250000 Rs 16827
Rs 300000 Rs 19675
Rs 350000 Rs 22130
Rs 400000 Rs 24594
Rs 450000 Rs 27061
Rs 500000 Rs 29522

Canara Bank Health Insurance Policy Benefits – PLAN – B ( 1+5) [Self+spouse+2 dependent children and parents / Parents in law] , GST Included

Sum Insured Premium
Rs 50,000 Rs 6442
Rs 1,00,000 Rs 12451
Rs 150000 Rs 18237
Rs 200000 Rs 23465
Rs 250000 Rs 28115
Rs 300000 Rs 32767
Rs 350000 Rs 36849
Rs 400000 Rs 40933
Rs 450000 Rs 45019
Rs 500000 Rs 49103

Customers may choose option of their choice for as per their eligibility and capacity. Don’t forget to rate the Canara Bank Health Insurance Policy also.

  1. Discontinuing synd arogya policy of without giving an option of portability at similar price is breach of trust if not breach of letter after merger by CANARA bank after policy holder have elapsed their entry age is glaring example of evading social responsibility.

  2. I have been a syndarogya policy holder pls guide how to renew policy

  3. The premium is costly as per the information provided on this webpage, hence the option of porting to United India Insurance company limited should be thought of which is available for all Synd Arogya policyholders.

  4. Visitor Rating: 4 Stars

  5. Existing Synd Arogya Policy Holder may utilize it !

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