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Pune (Maharashtra) [India], April 26 (ANI/NewsVoir): Bajaj Markets, a subsidiary of Bajaj Finserv, has been providing products and services to meet the unique needs of every individual. One can sign up for pocket insurance plans such as the Pilgrimage Insurance Cover and the Vaishno Devi Pilgrimage Cover to stay financially protected in the event of unforeseen situations during a pilgrimage. Pilgrimages have been a central part of India's culture for thousands of years now. From the mountainous stretches at Vaishno Devi or Kedarnath to the tranquil waters of the Ganges, one can enjoy an incredible spiritual reward at each of these pilgrimage site(s). However, while pilgrims enjoy spiritual experiences in these places, unforeseen situations may pose several risks during these trips. These risks could include loss of baggage, illnesses, unexpected events, or accidents. This is where plans covering one's pilgrimage could be useful. One can simply focus on the spiritual journey wit
Most people look forward to exploring the world and getting away from their busy lives. However, most people fear the travel risks and medical risks it might have on them. According to Readytrip.com, research suggests
ICICI Lombard partners with Flipkart to offer group insurance policies ANI | Updated: Feb 17, 2021 12:46 IST
Compared to standard indemnity health insurance policies, Group SafeGuard offers consumers to avail a payout for each day of hospitalisation. Flipkart said the fixed daily amount enables consumers to pay for incidental medical or emergency expenses.
The insurance is affordably priced, paperless and flexible covering both accidental hospitalisations or planned surgeries and treatment.
The direct average out-of-pocket expenditure for hospitalisation ranges between Rs 4,452 to 31,845 for a person while the average loss of income due to hospitalisation is estimated to be Rs 8,164 per day.
The Hospicash benefit offered by ICICI Lombard provides consumers an extra allowance to cover any out of pocket expenses be it emergency medical expenses, travel, post-discharge costs or compensation for loss of income during hospitalisation.