In February 2025, Pune (Maharashtra)-based Bajaj Allianz General Insurance Company Limited, India’s leading private general insurer, announced the launch of ‘HERizon Care’, a new health insurance product designed exclusively to cater evolving healthcare requirements of women.
- HERizon Care is India’s 1st health insurance plan that offers various specialized covers in a single policy, facilitating holistic protection customised to unique requirements of women.
- This new offering will address critical illnesses, maternal and reproductive health, wellness, and more, to empower women with financial security throughout their life stages.
Key Features:
i.Covers Expenses for Various treatment: It is a first-of-its-kind health insurance coverage that provides coverage for Infertility Treatment, Assisted Reproductive Technology & Maternity Expenses, Adoption expenses, Pre-natal Health (in-utero treatment), congenital disability cover, among others.
- It also extends coverage for surrogate mothers, Oocyte donors as well as to live-in partners.
- It covers the legal expenses for sexual assault, kidnapping and acid attacks.
ii.Affordable Health Insurance Coverage: It provides flexible and affordable plans with premium discounts for Human Papillomavirus (HPV) vaccination, first-come-first-serve policy entry.
ii.Eligibility Criteria: Women aged 18 to 80 years and children from 90 days to 35 years are eligible to avail the benefits of this new health insurance product.
iii.Minimum and Maximum Health Insurance Coverage: It offers sum insured options ranging from Rs 3 lakhs to Rs 2 crores to eligible women beneficiaries. It works on an individual sum insured basis with a policy time period of 1 to 5 years, offering flexible payment options and lifelong renewal options.
Two Key Components of HERizon Care:
HERizon Care includes two key components namely, Vita Shield and Cradle Care, along with range of optional covers to address specific healthcare requirements.
i.Vita Shield, a critical Illness and Holistic Wellness Protection component, which offers protection against 34 critical illnesses, covering both general and female-specific conditions.
- In addition to it, this cover can be improved with optional extensions to further support policy holders such as: loss of job; incidental expenses cover offers financial assistance for essential medical expenses, including reconstructive surgery, physiotherapy, home nursing, among others.
- It also includes a holistic wellness ecosystem that offers access to resources that prioritize physical and mental well-being such as: community support, diet and nutrition consultations, and preventive health check-ups, among others.
ii.The Cradle Care, provides women’s reproductive health coverage which includes surrogate care, covering medical expenses for surrogate mothers during surrogacy pregnancy and post-partum recovery.
- It will also cover medical expenses for Oocyte donor during inpatient hospitalization for any complications.
Other Optional Covers under HERizon Care:
i.The Nurture Nest Cover offers necessary support for women planning or expanding their families, including coverage for surgical management of infertility for women aged 21-45 years, covering adoption expenses and egg-freezing procedures.
ii.The Motherhood Cover provides financial support for assisted reproductive technologies such as : Intrauterine Insemination (IUI), In Vitro-Fertilisation (IVF), among others, alongside maternity expenses, including pre-and post-natal care.
iii.Fetal Flourish Cover provides health support for unborn babies, covering prenatal techniques, in-utero surgeries, and congenital disability treatments. It will also provide daily allowance for mother or baby during hospitalization.
iv.The Prophylactic Surgeries Cover includes preventive surgeries, including mastectomy and hysterectomy.
About Bajaj Allianz General Insurance:
It is a Joint Venture (JV) between Bajaj Finserv Limited, India’s most diversified Non-Bank Financial Institution (NBFI), and Allianz SE, world’s leading insurer and largest asset manager. The company operationalised in 2001, offers a wide range of general insurance products, including motor insurance, health insurance, among others.
Managing Director (MD) and Chief Executive Officer (CEO)- Tapan Singhel
Headquarters- Pune, Maharashtra
