Personal non-life insurer Bajaj Allianz Common Insurance coverage on Tuesday launched its pet insurance coverage product that covers pet canines from age three months to 10 years. As per the insurers, “Bajaj Allianz Pet Canine Insurance coverage Coverage” supplies complete protection of canines’ breed like indigenous origin, pedigree, non-pedigree, cross-bred, and in addition unique breeds.
In response to the corporate’s assertion, the premium begins from Rs 315 (excluding GST). Nevertheless, the premium vary varies relying upon the age, dimension, gender, covers opted for, plan opted for and sum insured chosen of a pet canine. The corporate has claimed to supply a 5 p.c low cost on the coverage if a canine is RFID tagged.
The non-life insurer agency additionally added that the medical checks for a pet canine won’t be necessary even at increased ages.
Commenting on the launch, Mr. Tapan Singhel, MD & CEO, Bajaj Allianz Common Insurance coverage mentioned, “Pet insurance coverage will be an indispensable monetary software to make sure your canine will get important medical care and a spotlight, thus making you worry-free”.
What does Bajaj Allianz’s pet canine insurance coverage coverage cowl?
In response to the insurers, the product covers one necessary cowl (base cowl) specifically surgical procedure bills and hospitalisation and 6 elective covers (mortality profit cowl, terminal ailments cowl, long run care cowl, OPD cowl, theft/misplaced/straying cowl and third celebration legal responsibility cowl). It covers therapy prices of specified ailments in addition to surgical procedures or dying on account of diseases. Apart from these, therapy of any damage or mortality ensuing from any accident is roofed from the second of coverage issuance, with none ready interval.
Small (like pugs), medium (like Spitz breed), giant (like Siberian Husky), and large (like Nice Dane) canines are coated beneath this coverage.
The entry age for canines will likely be three months onwards until the age of four years for large breeds and seven years for small, medium, and enormous breeds. The exit age is 10 years for small, medium, and enormous breeds, and until the age of 6 years for large breeds.