Synd Arogya Benefits – How to continue the existing Healthcare Policy ?

Know the option to continue the Synd Arogya Benefits with existing policy with Canara Syndicate Bank – Syndicate Bank has discontinued the Synd Arogya healthcare policy 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 which has amalgamated the erst while SyndicateBank, now offering the various healthcare policies along with 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

Synd Arogya Benefits – Features offered by Bajaj Allianz

Sum Insured options50K/1/1.5/2/2.5/3/3.5/4/4.5/5 Lakhs
Plan TypeFloater
Family definitionSelf/Spouse/Dependent Children/Dependent Parents or Parents-in-law
Entry Age eligibility Adult18 to 65 yrs
Entry Age eligibility Child91 days to 25 yrs
Renewal Age eligibilityLifetime
Room Rent sub limitActual
ICU Sub limitActual
Day Care procedures182 Daycare procedures covered
Pre policy medical testNA
Pre hospitalization60 Days
Post hospitalization90 Days
Ambulance expensesUp to Rs. 1000 per policy period
Health Checkup1% of Sum Insured after 3 claim free years
Daily cash allowanceOnly for single parent/Guardian accompanying an insured child below the age of 12 years
Maternity expensesUp to 5% of Base Sum Insured
New born baby coverCovered as part of Maternity Expense
Funeral ExpenseUp to Rs. 1000 per policy period
Policy period1 year
PED waiting period36 months
Specific diseases waiting period24 months
9 Specified disease waiting period48 months
Maternity waiting period9 months
30 days waitingYes
Personal Accident Rider (Accidental Death Only)Covered

Synd Arogya Benefits – Premium Payment Rate Chart for Bajaj Allianz Health Insurance Policy

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

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

Synd Arogya Benefits – PLAN – B ( 1+5) [Self+spouse+2 dependent children and parents / Parents in law] , GST Included

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

Customers may choose option of their choice as per their eligibility and capacity. Don’t forget to rate the policy also:

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