Bajaj Allianz Health Insurance Benefits

Bajaj Allianz Health Insurance

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Highlights

Network Hospitals6,500+
Policies Sold5,31,046
Lifelong RenewabilityLifelong
Claim Settlement Ratio93.68%
COVID-19 CoverYes
Claim SettlementDedicated Team

Benefits of Bajaj Allianz Health Insurance

Bajaj Allianz General Insurance Company is a joint venture between two companies – Bajaj Finserv Limited which is the Indian counterpart and Allianz SE which is the foreign stakeholder in the company. Bajaj Allianz General Insurance Company was formed in the year 2001 for selling general insurance products both in the retail and commercial segments. 

Ever since its formation, Bajaj Allianz has grown with leaps and bounds and today is present across 800 cities and towns of India. The company has acquired iAAA rating from ICRA showing its efficiency in claim settlements and customer service and also has a range of awards under its belt. 

The health insurance category of Bajaj Allianz is quite varied. The company offers every possible type of health insurance like individual plans, family floater plans, senior citizen plans, top-up plans, critical illness plans, etc.

  • Additional Benefit of Free Health Check up

    Bajaj Allianz’s health insurance plans have an inbuilt coverage for free health check-ups. The insured can avail this benefit at specified intervals. Health check-ups up to a certain amount can be done which would help individuals to monitor their health.
  • Additional Protection over Employer Coverage

    Bajaj Allianz plans allow employees to have independent health insurance coverage besides their employer’s group health plan. The various health plans offered by the company can be bought by employees having group health insurance. They can then enjoy additional coverage benefits and have complete protection against medical contingencies.
  • Cashless Benefit

    Cashless claims are the best since they eliminate the hassle of paying for the hospital bills. Bajaj Allianz has a tie-up with more than 6,500 hospitals in India which allow customers of the company to avail cashless treatments.
  • Claim Settement Ratio

    Bajaj Allianz promises to settle the claims of its customers within an hour. As such, the company has 93.95* claim settlement ratio. A high ratio indicates that the company settles most of its claims thereby promoting trust amidst the company’s customers. In the year 2017-18, the company processed more than Rs. 2.9 Lakh health insurance claims. *The claim settlement ratio change from time to time.
  • Coverage against Medical Expenses

    The wide variety of health insurance plans offered by Bajaj Allianz provides a comprehensive scope of coverage. You can avail coverage against hospitalisation expenses, pre and post hospitalisation expenses, day care treatments, non-allopathic treatments, domiciliary treatments, etc. There are also fixed benefit plans like critical illness and hospital cash plans which pay a fixed benefit irrespective of the actual medical expenses incurred.
  • Incurred Claim Ratio

    For the year 2018-19, Bajaj Allianz had an Incurred Claim Ratio (ICR) of 85%*. Since the ratio was below 100%, it meant that out of the total premiums collected by the company only 77.61%* of the premium was used for paying claims. The remaining contributed towards meeting the company’s expenses and generating a profit which made the company financially stable. *The incurred claim ratio change from time to time.
  • Tax Benefit

    The premiums paid on health insurance plans are eligible for deduction under Section 80D. The maximum deduction that you can claim is up to Rs. 55000 (Rs. 25000 of individual and Rs. 30,000 for senior citizen).

Bajaj Allianz Health Insurance Plan List

Name of PlanSum Insured
Health Guard Family FloaterMin: 3 Months; Max: 65 Years1.5 Lakh Get Quotes Now
Critical Illness PlanMin: 6 Years; Max: 65 Years 1 Lakh Get Quotes Now
Health Guard IndividualMin: 18 years; Max: 65 years1.5 Lakh Get Quotes Now
Silver HealthMin: 46 Years; Max: 70 Years50 Thousand Get Quotes Now
M-Care Min: No Limit; Max: 65 Years10 Thousand Get Quotes Now
Women Specific Critical Illness InsuranceMin: 21 Years; Max: 65 Years50 Thousand Get Quotes Now
Premium Personal GuardMin: 5 Years; Max: 65 Years10 Lakh Get Quotes Now
Health Care SupremeMin: 3 Months; Max: No Limit5 Lakh Get Quotes Now
Health EnsureMin: 3 Months; Max: No Limit50 Thousand Get Quotes Now
Hospital Cash Daily AllowanceMin: 3 Months; Max: 65 Years500/day Get Quotes Now
Surgical Protection PlanMin: 3 Months; Max: 65 Years1 Lakh Get Quotes Now
Tax GainMin: 18 Years; Max: 75 Years1 Lakh Get Quotes Now
Arogya Sanjeevani PolicyMin: 3 Months; Max: 65 Years 1 Lakh - 5 Lakh Get Quotes Now
Corona Kavach PolicyMin: 1 day; Max: 65 years50,000 - 5 lakh Get Quotes Now

Bajaj Allianz Health Insurance Top Up List

Name of PlanSum Insured
Extra Care Min: 3 Months; Max: 70 Years10 Lakh Get Quotes Now
Extra Care PlusMin: 3 Months; Max: 80 Years3 Lakh Get Quotes Now

Bajaj Allianz Health Insurance User Reviews

What users are saying
  • Brilliant insurance solutions

    I was looking for a comprehensive plan for my family and got this Arogya Sanjeevani Policy through the instant...

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    R
    Arogya Sanjeevani Policy
    By Rohan Mandal
    On: Jun 18, 2020
  • 24x7 customer assistance

    The customer team of InsuranceDekho is very active and always available to help me out with any insurance-rela...

    Read More
    I
    Arogya Sanjeevani Policy
    By Ishan Rao
    On: Jun 16, 2020
  • Perfect insurance help

    When it comes to insurance, no one can help you better than the InsuranceDekho team. They gave me the best sug...

    Read More
    Y
    Arogya Sanjeevani Policy
    By Yash Ghai
    On: Jun 14, 2020
  • Insurancedekho helps in easy b...

    I called on the toll-free number of InsuranceDekho 7551196989 and the customer care executives helped me buy t...

    Read More
    S
    Arogya Sanjeevani Policy
    By Sunil Pradhan
    On: Apr 22, 2020
  • must invest in it

    If you are looking to buy Arogya Sanjeevani plan, Bajaj Allianz then you must buy it from InsuranceDekho. It o...

    Read More
    J
    Arogya Sanjeevani Policy
    By Jaggu
    On: Apr 20, 2020
  • Recommended to relatives alrea...

    I have bought this affordable policy around 2 months back. I have suggested it to my relatives already. I had ...

    Read More
    A
    Hospital Cash Daily Allowance
    By Aniket Sinha
    On: Feb 27, 2020
  • Thankful for this policy

    I want to appreciate insurancedekho team for helping me with this plan. Tax gain is a nice policy that comes a...

    Read More
    T
    Tax Gain
    By Tanuja Tiwari
    On: Feb 27, 2020
  • Loved it!

    In the past, i have been infected with malaria. Managing expenses at that time became very tough for me. Thank...

    Read More
    S
    M-Care
    By Sheenu Singh
    On: Feb 26, 2020
  • Nice job bajaj allianz!

    I recommend this policy to every woman with risk of critical illness. At low premium, you can get good coverag...

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    K
    Women Specific Critical Illness Insurance
    By Kritika Gulati
    On: Feb 26, 2020
  • Premium personal guard is very...

    Premium personal guard plan by bajaj allianz is superb. Right from premium to benefits covered, it has every f...

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    D
    Premium Personal Guard
    By Divendu Sharma
    On: Feb 26, 2020

Bajaj Allianz Health Insurance Contact Details

Reach us for help anytime

Bajaj Allianz Health Insurance FAQs

  • How to buy and apply for Bajaj Allianz Health policy?

    You can buy and apply for any Bajaj Allianz Health Insurance Policy online from the official website of Bajaj Allianz Health Insurance at www.bajajallianz.com or through online broker’s website like insurancedekho.com.

  • Why should I buy a Bajaj Allianz Health Insurance Policy?

    Bajaj Allianz provides a wide range of features and benefits to its customers. Some of them are- 1. Peace of mind: It keeps your family financially protected against unforeseen health care expenses. 2. Get the best medical care: The health insurance plans enable you to get treatment from the best hospitals and doctors. 3. Cashless settlement: You can get cashless treatment at any of the network hospital after informing the company. 4. Hassle-free claims: Bajaj Allianz has a hassle-free claim process. You can benefit from the following: a. 24x7 on-call support. b. An in-house Health Administration Team to ensure quick claim settlement process. c. Cashless settlements in under one hour. d. One of the highest claims settlement ratios among health insurance providers in India. e. Health CDC benefit: Quick claim settlement through the app. 5. Comprehensive coverage: Affordable health insurance policies that cover you and your family against medical expenses, critical illnesses and accidents. 6. Affordable plans: Maximum coverage at a price that is easy on the pocket. 7. Preventive care: Free medical check-ups once every three claim-free years. 8. Ease of transaction: Buy or renew your policy in just a few clicks online.

  • What is covered under hospitalisation in Bajaj Allianz Health Insurance?

    Following things are covered under hospitalisation in Bajaj Allianz Health Insurance: 1. Room rent 2. Doctor’s fee 3. Nursing expenses 4. ICU charges 5. Operation theatre 6. Diagnostics 7. Medicines

  • What are the benefits provided by Bajaj Allianz Health Insurance?

    People choose Bajaj Allianz health insurance because it provides them: 1. Cashless treatment at 6,000+ network hospitals 2. Tax saving benefit under Sec 80D 3. Claim settlement in an hour (terms and conditions applied) 4. In-house health administration team

  • What is the toll-free customer care number of Bajaj Allianz Health Insurance?

    The toll-free number of Bajaj Allianz Health Insurance is 1800-209-5858.

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