Bajaj Allianz General Insurance Company Limited is a joint venture between Bajaj Finserv Limited and Allianz SE. The company has been a leader in the insurance market with world-class products, efficient service, and after-sales support. It has a wide range of insurance products under the categories of Life Insurance and General Insurance. Even in case of Health Insurance, the company offers a range of products designed to meet all the requirements of the individual. Both online and offline Health Insurance plans are offered by the Bajaj Allianz medical Insurance.
Bajaj Allianz Health Insurance at a Glance:
Key Features
Highlights
Network Hospitals
6000+
Incurred Claim Ratio
77.61
Renewability
Lifelong
Waiting Period
4 years
Why To Buy Bajaj Allianz Health Insurance Plans?
Bajaj Allianz Health Insurance provides you with the best healthcare and medical treatment, thereby keeping you financially secure. This health insurance policy ensures that you family and you will receive the best medical treatment at any hospital that you choose. The insurer has a wide network of 5000+ hospitals across the country. A wide range of health insurance plans by Bajaj Allianz protect you against the increasing cost of medication in the modern era. Because of its affordable health plans and high claim settlement ratio, these plans are the most obvious choice for anyone who seeks the highest coverage at a low cost. The policies offer health coverage for an individual, the family, and senior citizens along with the tax benefit under section 80D.
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C apply.
Bajaj Allianz Health Insurance Plans Overview
Plan Name
Minimum Entry Age
Maximum Entry Age
Online Availability
Bajaj Allianz Health Guard Individual Policy
For Adults: 18 years
For children: 3 months
For Adults: 65 years
For children: 30 years
Yes
Bajaj Allianz Extra Care Health Plan
For Adults: 18 years
For children: 3 months
For children: 6 months
For children: 18 years (being proposer or as dependents
For Adults: 70 years
For children: 5 years (both parents are covered)
For children:18 years (either of the parents is covered)
For children: 25 years (being proposer or as dependents
Yes
Bajaj Allianz Tax Gain Plan
18 years
75 years
No
Bajaj Allianz Premium Personal Guard Policy
For Adults: 18 years
For children: 5 years
For Adults: 65 years
For children: 21 years
Yes
Bajaj Health Care Supreme Plan
For Adults: 18 years
For children: 3 months
For Adults: No maximum age
For children: 25 years
No
Bajaj Allianz's Critical Illness Health Insurance Plan
For Adults:18 years
For children: 6 years
For Adults: 65 years
For children: 21 years
Yes
Bajaj Allianz's Star Package Health Plan
For Adults: 18 years
For children: 3 months
For Adults: 65 years
For children: 25 years
No
Bajaj Allianz's Silver Health Insurance Plan
46 years
70 years
Yes
Advantages & Benefits of Bajaj Allianz Health Insurance:
The Bajaj Allianz General Insurance company is called the leader in the health insurance industry because it gives its customers a little extra benefit when they buy insurance plans from the company. Below are the advantages of buying Bajaj Allianz health insurance plans:
The claims presented to the company are approved within 1 hour in case of Cashless claims.
The Bajaj Allianz General Insurance company has a tie-up with 4000+ hospitals and 1200+ diagnostic clinics around the country.
There is a facility of 24*7 call assistance for settlement of claims.
The Bajaj Allianz provides customers with Value Added Services which enable a saving of up to 30% on medicines, OPD expenses, etc. The list of Value Added Services include OPD discounts at select outlets, discounts on Pathologies, radiology, wellness tests, pharmacy and attractive health related offers at select outlets to name a few.
Bajaj Allianz Health Insurance - Awards and Recognition:
Bajaj Allianz Health Insurance has bagged a couple of awards in the past years.
2019
Asia Insurance Technology Award
Insurance Review and Celent
People Matters Best Recruitment Technology & Analytics Award
People Matters Talent Acquisition
Marketer of the Year
The Insurance India Summit & Awards 2019
Money Today Award
N/A
2018
Finnoviti Award
Banking Frontiers
Dale Carnegie Global Leadership Award
Dale Carnegie & Associates
Dale Carnegie Global Leadership Award
Asia Insurance Industry Awards 2018
The Most Trusted Global Brand 2018
Herald Global & BARC Asia
Distributor of the Year
ET Now
General Insurance Company of the Year
Synnex Group
2017
Non-Life Insurer of the Year Award
Outlook Money Awards 2017
List of Policies Offered by Bajaj Allianz Health Insurance:
The Bajaj Allianz General Insurance company offers both online and offline plans to customers.
Bajaj Allianz Health Guard Individual Policy
Bajaj Health Guard Family Floater Option:
Bajaj Allianz Extra Care Health Plan
Bajaj Allianz Premium Personal Guard Policy:
Bajaj Allianz's Critical Illness Health Insurance Plan:
Bajaj Health Guard Family Floater Option plan which can be taken for the coverage of the entire family covering yourself, spouse, children and dependent parents.
The Features of the plan are as follows:
Medical expenses in case of hospitalization are covered.
Pre and post hospitalization expenses covered for 60 and 90 days respectively.
Emergency ambulance charges are covered.
Availability of an in-house Health Administration Team.
Free medical check-up for the proposer and the family after a block of 4 claim-free years.
10% cumulative No Claim Bonus up to a maximum of 50%.
Bajaj Allianz Extra Care Health Plan which can be bought to increase the coverage beyond the coverage provided in an existing health plan at low costs.
The Features & Benefits are as follows:
This Bajaj Allianz health insurance plan provides for extension of the coverage amount at lower premiums.
Medical expenses in case of hospitalization are covered.
Pre and post hospitalization expenses covered for 60 and 90 days respectively.
Emergency ambulance charges are covered.
No medical tests required till 55 years of age.
In case of claims, the amount in excess of the deductible limit prescribed in the plan is paid for by the Bajaj Health Insurance policy.
Eligibility
Individuals aged 18-70 years are eligible to apply. In case of children, the age limit is 3 months to 5 years if both parents are covered or 6-18 years if either of the parents is covered with the company. Children aged 18-25 years can act as a proposer or dependent.
Bajaj Allianz Premium Personal Guard Policy that covers expenses arising out of any accident suffered by the proposer of his insured family.
The Features and Benefits are as follows:
The Bajaj Allianz Premium Personal Guard policy covers Permanent Total Disability, Permanent Partial Disability, Temporary Total Disability and Death due to accident.
The Bajaj Health plan provides for Hospital confinement allowance and accidental hospitalization expense.
The company has a tie-up with over 4000 hospitals and 1200 diagnostic clinics all over India and also provides Value Added Services.
Availability of an in-house Health Administration Team.
10% cumulative No Claim Bonus up to a maximum of 50%.
Eligibility
Proposer or spouse aged 18-65 years and dependent children aged 5 to 21 years can be covered under the plan
Bajaj Allianz's Critical Illness Health Insurance Plan exclusively designed to cover against pre-determined critical illnesses where a lump sum amount is paid immediately if the proposer is diagnosed with the illness covered under the scope of the plan.
The Features of the Plan are as Follows:
A lump sum amount is paid to the insured when he is diagnosed with a critical illness covered under the plan and he survives for at least 30 days post diagnosis.
Donor expenses are also covered.
Sum Assured ranges from 1 lakh to 50 lakhs.
Illnesses covered under the plan include cancer, coronary artery bypass surgery, kidney failure, first heart attack, major organ transplant, stroke, aorta graft surgery, primary pulmonary. arterial hypertension, multiple sclerosis and permanent paralysis of the limbs.
Availability of an in-house Health Administration Team.
Bajaj Allianz's Hospital Cash Daily Allowance Plan which provides for a specified amount every day for which the insured is hospitalized to take care of the family’s financial requirements.
The Features of the Plan are as Follows:
The coverage amount per day ranges from Rs.500 to Rs.2500 as chosen by the proposer.
The coverage can be taken for 30 days or 60 days.
The plan covers self, spouse and dependent children.
Bajaj Allianz's Star Package Health Plan which covers all the aspects of a medical contingency and other contingencies.
The Features of the Plan are as Follows:
The Bajaj Allianz Star Health plan is issued as a family floater policy
The plan provides for 8 sections of exhaustive coverage which includes
1) Health Guard covering the family against serious accidents and illnesses. 2) Hospital Cash providing with daily cash in case of hospitalization. 3) Critical Illness which pays a lump sum amount in case of diagnosis of a Critical Illness. 4) Personal Accident covering accidental death and disability. 5) Education Grant providing a lump sum towards education of the child in case of accidental death or permanent total disability of the insured. 6) Household Contents covering household objects against theft or robbery. 7) Travelling Baggage covering luggage while travelling. 8) Public Liability covering legal liability to a third party against bodily injury or death.
Eligibility
Self-proposers aged 18-45 years are covered and children aged 3 months to 5 years can be covered if both the parents are covered under the company or if one parent is covered then children aged 6 years to 25 years can be covered under the Bajaj Star Package Health policy
This Bajaj health insurance plan covers against 8 Women Specific Critical Illness Insurance which include ovarian cancer, breast cancer, vaginal cancer, cervical cancer, uterine/endometrial cancer, burns, fallopian tube cancer and paralysis or multi-trauma.
The plan also provides for a 50% Sum Assured benefit in case of congenital disability
Children Education Bonus and Loss of Job coverage is also provided in the plan
The Bajaj Allianz General Insurance company provides the facility of health insurance premium calculation to prospective individuals seeking to buy health insurance plans form the company. Following are some of the instances where the premium has been calculated using the company’s calculator:
A wants to apply for a Health Guard Individual policy for himself for a value of Rs.4 lakhs. He is 30 years old and for the stated coverage, the amount of annual premium works out to be Rs.5130
B wants to buy a plan for himself and his newly married wife. He approaches Bajaj Allianz with a proposal to cover himself and his spouse for Rs.5 lakhs. B is aged 32 years and his wife is aged 30 years. The premium for their health insurance plans comes to Rs.9234
C a 40 year individual needs a health plan for his family comprising of himself, his wife aged 38 years and his 2 children aged 7 and 12 years respectively. The coverage sought is Rs.10 lakhs for which the premium charged is Rs.21,826
The table tabulates the above data for an instant reference:
Ans: Listed users can confirm the status of their policy online. In order to do the same, you just need to log on to the company’s website with the help of your unique user ID and password. Otherwise, you can also download the insurer’s mobile app named ‘Customer Portal’ from the Bajaj Allianz website, and check the policy status by entering the details of the policy.
Ans: Simply log on to the Bajaj Allianz’s website and click on the health insurance tab. Under the health tools options in this tab, you will find an option of Network Hospitals where you can see all the listed hospitals and go to the one closest to you.
Ans: The following are the steps to be followed for the online renewal of Bajaj Allianz Health Insurance:
Step 1: Log on to the insurer’s e-Portal with the help of your username and password
Step 2: Choose the policy that you want to renew on the basis of the given details and select the payment mode for paying the renewal fee. The payment modes available are, debit card, credit card, or Internet banking.
Step 3: Save or keep a printout of the premium payment or renewal receipt for records.
Ans: You need to submit the original copy of your policy document along with an appropriately filled Surrender Form at the insurer’s branch office. In a while, the refund of your policy premium shall be initiated, subject to completion of the policy cancellation.
Ans: Bajaj Allianz Health Insurance Plans offer the cashless facility at the hospitals that are part of the Hospital Network of Bajaj Allianz Health Insurance.
Ans: In the event of hospitalization during this time, you just need to inform the insurance company about it and provide them with the details, such as your membership ID, the hospital where you are getting admitted etc. Next, the insurer would suggest the hospital to start the cashless treatment.
Ans: If you have lost the membership card, then you need to call the insurer’s toll free number 1800-22-5858 and immediately inform about the loss. The insurer would issue a duplicate membership card within a period of 7 days of the intimations. However, the same shall be subject to additional charges.
January 6, 2016: Bajaj Allianz General Insurance is regularly hosting sessions on Google+ to demystify insurance. According to Sasikumar Adidamu, chief technical officer, non-motor, these Google+ Hangouts aims to build awareness about insurance and promote healthy discussions between the audience/customers and the top management. So far, the insurer has held 8 sessions on Google+ Hangouts, to explain the important points of various insurance policies and how to manage them for steady protection.
Sasikumar further added that the company runs campaigns and contests to educate policyholders about insurance products such as motor, travel, health, and home insurance through social media platforms, such as Twitter, Facebook and YouTube. The company has even produced various 1-minute films to increase insurance awareness.
Written By: PolicyBazaar - Updated: 21 December 2020
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Harshika
Udagamandalam, January 19, 2021
★★★★★
Great Policy
I was looking for a health insurance policy and my search ends here with Bajaj Alianz Health Insurance plan. I got all the details related to the policy online on the Policybazaar's website. Thanks Team.
Sameer
Odagoan, January 18, 2021
★★★★★
Recommending
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Ruhi
N.paravur, January 18, 2021
★★★★★
Hassle free Renewal process
I was looking for a website where i can renew my health insurance plan. I landed on the PolicyBazaar website and i had no idea that it would be so easy and a hassle-free process. Thanks Policybazaar team.
Sahana
Habra, January 15, 2021
★★★★★
By far the best platform
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Ahaana
J.n.prasad, January 15, 2021
★★★★★
Easy buying process
I recently bought a health insurance plan from Bajaj alianz health insurance on the Policybazaar's website. It was a wonderful experience as the buying process on the Policybazaar website was smooth. Thanks team.
Kunal
East Godavari, January 14, 2021
★★★★★
Long list of Hospitals
I bought an health insurance plan from Bajaj Alianz Health insurance. As it has end numbers of hospitals partnered with them, i don't have to worry about looking up for a hospital near me to get a the claim settled.
Naisha
Vadali, January 14, 2021
★★★★★
Great Customer Service support
I was looking for a health insurance plan on the Policybazaar website. I must say that their customer service support is great and i was provided with the information i needed. You guys are doing a good job. Keep it up.
Arjun
Odagoan, January 13, 2021
★★★★★
Mobile Application
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