Now Reading: Bajaj General Insurance launches family health plan covering pets
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Bajaj General Insurance launches family health plan covering pets
Bajaj General Insurance launches family health plan covering pets
Bajaj General Insurance has launched ‘My Family Complete’, a health insurance plan that covers human family members and pet dogs and cats under a single policy. The sum insured ranges from Rs…
Bajaj General Insurance has launched ‘My Family Complete’, a health insurance plan that covers human family members and pet dogs and cats under a single policy. The sum insured ranges from Rs 5 lakh to Rs 5 crore, with policy tenures of up to five years. Dogs and cats aged three months and above are eligible with no upper age limit.
The plan covers in-patient hospitalisation, room rent, ambulance services, pre- and post-hospitalisation expenses, and AYUSH hospitalisation for humans. For pets, benefits include reimbursement for advertising and rewards if the pet goes missing, emergency pet accommodation if the owner is hospitalised, and third-party liability coverage for injury or property damage caused by the insured pet.
Bajaj General Insurance MD and CEO Tapan Singhel said insurance must evolve with changing family structures. “When pets are family, their health and wellbeing naturally become a part of the family’s healthcare needs,” he added.
Indian Opinion Analysis
This is the first Indian health insurance plan to formally include pets alongside humans under a single sum insured. Typically, pet insurance in India is sold as a standalone product and covers only veterinary expenses. By bundling third-party liability and missing-pet rewards, Bajaj General Insurance is effectively offering a product that blends health, property, and liability cover. The key detail is the shared sum insured: if a pet or family member claims a large amount, the remaining cover for the rest of the family shrinks. How the insurer prices this risk and handles claims settlement for pets will determine whether other companies follow. The policy is available now.
Source: thehindu.com
This brief was synthesised by AI from the source linked above.
