Bajaj General Insurance Launches MHCP EDGE Plus Health Plan with Coverage up to INR 5 Crores

Exam-focused facts from the 23 May 2026 current affairs briefing.

Key facts

Bajaj General Insurance Limited (formerly Bajaj Allianz General Insurance Company Limited) has launched 'My Health Care Plan Edge+' (MHCP EDGE+), a comprehensive health indemnity plan.
The plan offers sum insured options ranging from INR 5 Lakhs up to INR 5 Crores with unlimited reinstatement within a policy year.
Key features include a modular design with add-ons such as Consumables Plus, Super Cumulative Bonus, and Major Illness and Accident Multiplier.
The Age Shield rider allows customers to lock their premium at entry age until a claim is made, and Smart Tenure enables pooling of sum insured across the policy tenure.
The plan is available for individual and family floater options with lifetime renewability, policy tenures up to five years, and coverage starting from 3 months of age.