Apollo Munich Dengue Care and B A Tax Gain Conditions
Apollo Munich Dengue Care and B A Tax Gain Conditions include various conditions regarding policy renewal, waiting periods, claim based loading, cover for pre-existing diseases, co-pay, sub-limits etc. Grace period for the first plan is 30 Days. Grace period for the second plan is 30 Days.
Policy renewal of the first plan is allowed Lifelong. Policy renewal of the second plan is allowed Lifelong. Apollo Munich Dengue Care has a no claim period of 15 Days and for Bajaj Allianz Tax Gain it is 30 Days. Apollo Munich Dengue Care and B A Tax Gain Terms and Conditions also provide the details about specific waiting periods for both the plans, which are specific to some types of illnesses.
Claim Based Loading
If an insurance company charges the premium for a term depending on the claims made in the previous term then it is called as claim based loading. Claim based loading is not used while calculating the premium of second plan. Pre-existing diseases are not covered under the former plan. Such diseases are covered after 48 Months in the later plan. Co-payment is not applicable in Apollo Munich Dengue Care. Co-payment is required in Bajaj Allianz Tax Gain