Bajaj Allianz Health Insurance Plans, Reviews & Premium Calculator

Highlights of Bajaj Allianz Health Insurance Company

Number of Cashless Treatment Hospitals	6500+
Claim Settlement Ratio	77.61%
Portability	Available
Renewability of the Policy	Lifelong renewal
Waiting Period for Pre-existing Disease	4 years
Grievances Solved	99.78%

Bajaj Allianz Health Insurance Plans Benefits

Bajaj Allianz Health Insurance Plans are designed in a flexible way that ensures all-around health care protection and offers a number of health insurance benefits. There are covers for Individual Health protection, family health protection, critical health insurance, and etc.

Below is the list of benefits:-

A maximum of 6 members of the family where there can be up to 2 children and for adults.
The plan offers a lifelong option. If your age is not eligible to buy but you can still use your old one.
The Bajaj Allianz Health Insurance covers all medical expenses 60 days pre hospitalisation of the policyholder and 90 days post hospitalisation.
NCB offered no claim bonus which is like 10% of every claim-free year up to 50%.
The incurred claim settlement ratio of Bajaj Allianz Health Insurance for the year 2017-2018 is 77.61%, which is quite good.
It even offers cover for expenses as room rents, doctors fees, operation theatre charges, medicinal charges and etc.
Policyholders can get cashless treatment in any one of the network hospitals across India.
Hassle-free claims- Bajaj Allianz health-insurance offer 24/7 call support and an in-house health administration team that insure quick settlement for the policyholder.
Bajaj Allianz Health Insurance offers cover for more than 36 critical illnesses that too including the heart and cancer.
It even offers a return of premium at the death of the policyholder.
One is eligible to claim tax exemption up to Rs. 1 lakh under section 80D of the Income Tax Act
Health CDC is an app feature of the Bajaj Allianz Health Insurance Wallet App via which policyholders can make claim requests up to Rs. 20,000.
As the whole process is paperless, it saves the customer money and effort while receiving regular updates of the claim status. Health CDC is used mainly in emergency and quiet reliable.

Bajaj Allianz Health Insurance Plans

Bajaj Allianz Health Insurance plans are designed flexibly keeping the requirement of customers. Following are the types of Bajaj Allianz Health insurance plans:

Bajaj Allianz Health Insurance Plan For Individuals
Bajaj Allianz Health Insurance Plan for Family- Health Guard
Extra care plus for additional cover by Bajaj Allianz
Bajaj Allianz Health Insurance Critical Illness
Bajaj Allianz Global Personal Guard Policy (Individual)
M-Care Health Insurance Policy

Bajaj Allianz Health Insurance Plan For Individuals

Bajaj Allianz Health Insurance Plan For Individuals

Medical expenses are skyrocketing and one does not find it easy to spend hard earned money in hospital bills and medical care. It always goes out of budget, what medical expenses cannot be avoided. Complete health insurance plans and individual by Bajaj Allianz Health Insurance Plans is something that makes sure that you will get proper medical care in the budget.

Entry Age	Adult: 18 to 65 years Children: 3 months to 30 years
Basis	Individual / Family floater
Cashless hospitalization	5700+ hospitals
Policy Period	1 year, 2 years, or 3 years
Sum Assured	Silver Plan: Rs.1.5 lakh or Rs.2 lakh Gold Plan: Rs.3 lakh – Rs.50 lakh
Discounts	Family discount: 10% - 15%, Employee discount: 20% Voluntary Co-Pay Discount: 10%/20% Long-Term Policy Discount: 4% to 8 %

Features and Benefits of Individuals

The policyholder can avail the benefit of health even 3 claims.
It is designed to offer cover to a single person but it can also offers extended family coverage under which you can cover your parents, dependent siblings, parents-in-law, grandparents or grandchildren.
Family discount of 10% up to 2 members and 15% for 3 members can be availed under the Bajaj Allianz our individual health insurance policy covers.
The policyholder can enjoy the benefit of long-term policies like a discount of 4% for two years and 8 %.
Bajaj Allianz your health Insurance does not require the pre-medical test for up to 45 years age of the policyholder.
Maternity and newborn baby expenses are covered under the plan.
The individual health insurance plan by Bajaj Allianz even offer daily cash benefit for accompanying an insured child up to 12 years age, Rs.500 per day maximum.
This insurance plan even covers tax saving up to Rs.1 lakh under section 80 D of income tax.
There is a team consists of doctors and paramedics who are called as health administration team and are responsible for claims settlement and health underwriting of the policyholder.

Bajaj Allianz Health Insurance Plan for Family- Health Guard

Bajaj Allianz Health Insurance Plan for Family- Health Guard

Bajaj Allianz Health Insurance Plan for Family helps you to safeguard your family and loved ones. This health insurance plan is tailor-made for the requirements and needs of a family medical care situation. You are free from the hassle of buying, maintaining and taking care of multiple insurance policies for each one of your family members.

Entry Age	18 to 65 years
Pre and post hospitalization	Cover all medical instances from 60 days prior to and 90 days after hospitalization
Cumulative bonus	10% for each claimless year, maximum up to 50% of the insured sum
Medical test	Not mandatory for persons under the age of 45 years
Pre-policy checkup	The costs incurred will be reimbursed within 14 working days after the submission of all requisite documents.
Free Health check-up	End of 4 continuous claim free years, or reimbursement up to Rs.1000

Features and Benefits of Family- Health Guard

It covers pre and post-hospitalization expenses i.e., 60 days pre-hospitalisation and 90 days post-hospitalization.
Sum assured under the Bajaj Allianz Health insurance of family range from 1.5 lakhs to Rs. 50 lakhs.
There are more than 6000+ network hospitals of Bajaj Allianz Health Insurance plan which offer the cashless facility of treatment expenses to the policyholder.
Transport fees of the ambulance for the policyholder’s route to the hospital or home is also covered but it is limited to Rs. 20,000 in a policy year.
This family health insurance also covers the expenses that occur for all day care treatment of the policyholder.
There is flexible policy tenure that one can choose from like 1, 2 and 3 years.
There is a lifelong renewal option of the policy.

Extra care plus for additional cover by Bajaj Allianz

Extra care plus for additional cover by Bajaj Allianz

Medical costs are so high today that even if one is prepared and works on it in a systematic manner, sometimes, it’s just not enough. While, basic medical insurance cover health expenses only till a limit and after reaching a certain threshold, one cannot use health insurance plan in the time of need. Extra care plus cover is just the cherry on the basic insurance cover.

Entry Age	3 months to 70 years
Renewal	Lifetime
Pre and post hospitalization expenses	Covers from 60 days prior to and 90 days after hospitalization
Premium Charges	Starts at Rs. 2500
Medical test	Not mandatory for persons under the age of 55 years.
Free Look Period	15 days(Cancel the policy within 15 days for a complete refund)
Grace period	30 days for every subsequent instance of policy renewal

Features and Benefits of Extra care plus

This plan bears any type of organ donor expenses that are required by the policyholder.
Ambulance charges in an emergency situation are covered under the extra care plus cover of Bajaj Allianz.
Any pre-existing disease covered after 12 months from your first extra care plus the policy of Bajaj Allianz.
Extra Care Plus has a free look period of 15 days.
One is eligible for lifetime renewal option of the Extra care plus health insurance plan.
Extra care plus pay the claim amount if your claim gets exhausted the basic health insurance plan

Bajaj Allianz Health Insurance Critical Illness

Bajaj Allianz Health Insurance Critical Illness

There are many critical illnesses which are emerging as a great burden on life and economy security nowadays. Critical Illness like cancer, strokes, heart attack is quite off the budget as their treatment is quite expensive. This insurance is ideal to cover for those specific diseases.

Entry Age	6 to 65 years
Sum insured	Rs.1 lakh to Rs.50 lakh for individuals
Illness Covered	Cancer, First Heart Attack (Myocardial Infarction), Coronary Artery Bypass Surgery Kidney Failure, Major Organ Transplant, Stroke, Primary Pulmonary Arterial Hypertension, Aorta Graft Surgery, Symptoms of primary pulmonary hypertension, Paralysis of limbs, Multiple Sclerosis.

Features and Benefits of Critical Illness

The insured receives a lump sum amount under the Bajaj Allianz Health Insurance critical illness plan. This helps the policyholder to plan the treatment accordingly.
Donor expenses during any transplant surgery that are required by the policyholder’s treatment for his/her survival can also be paid out under Bajaj Allianz Health Insurance critical illnesses plan in India or overseas.
The policyholder can avail the claim by direct claim benefit which is a feature in the Bajaj Allianz insurance wallet app which enables the policyholder to claim requests up to Rs. 20000 through the app.
Critical illness like cancer, first heart attack, kidney failure, major organ transplant, primary pulmonary artillery hypertension and permanent paralysis of limbs is covered under the critical illness cover.
Anyone from a minimum of six years to a maximum of 59 years age can take the critical illness cover by Bajaj Allianz.
The Sum insured options in Bajaj Allianz Health Insurance critical illness is Rs. 1 lakh to Rs. 50 lakhs for the age group of 6 to 60 years.
The Health Administration Team offer single window assistance to all the health insurance policyholders for all healthcare related services that make taking policy easy even for new policyholders.

Bajaj Allianz Global Personal Guard Policy (Individual)

Bajaj Allianz Global Personal Guard Policy (Individual)

Road accidents are very common in India and this cause loss of life or lead to life worse than death sometimes. Global personal guard policy is designed in a manner to flexibly protect one in bad times of life.

Entry Age	Adult: 18 to 65 years Children: 3 months to 30 years
Basis	Individual / Family floater
Cashless hospitalization	5700+ hospitals
Policy Period	1 year, 2 years, or 3 years
Sum Assured	Silver Plan: Rs.1.5 lakh or Rs.2 lakh Gold Plan: Rs.3 lakh – Rs.50 lakh
Discounts	Family discount: 10% - 15%, Employee discount: 20% Voluntary Copay Discount: 10%/20% Long-Term Policy Discount: 4% to 8 %

Features and Benefits of Global Personal Guard Policy (Individual)

It is quite recommended while the policyholder is travelling abroad. The base cover is the mandatory cover which covers-
1. Section I: Death
2. Section II: Permanent Total Disability
3. Section III: Permanent Partial Disability
It has Single policy with 3 Base and 12 optional covers. There are various optional covers such as Accidental Hospitalisation Expenses, Adventure Sports Benefit, Air Ambulance cover, Children Education benefit and etc.
The plus point is that the premium amount is irrespective of age.
One has the flexibility to choose the cover. One can choose one, two or all three bases out of three sections of the policy that covers all family members. After this one can choose as much as options covers as he/she wants to choose.
The maximum age to get covered is up to 70 years.
It even offers Industry First Covers for adventure sport, air ambulance, loan protector Cover, EMI payment cover and Disappearance.

M-Care Health Insurance Policy

M-Care Health Insurance Policy

M-care is an effective form of health insurance cover that offers a wide cover and comes at an affordable price. There are many infections that spread at a very rapid rate in a densely populated country like India. Everyone should have a financial setback for the same and M-Care health insurance policy is one of those solutions.

Eligibility	18 to 65 years
Sum insured	Minimum Rs. 10,000 and maximum Rs. 75,000
Renewal	Lifetime
Additional Benefits	Extensive privileges with affordable premium
Cashless Facility	Available-subject to cashless authorization and limit of benefits

Features and Benefits of M-Care>

Company pay lump sum amount if the policyholder is diagnosed from any vector Borne diseases such as - dengue fever, Malaria, Chikungunya, Zika virus or etc. one should check the terms and conditions, definitions and exclusions while buying a policy.
Under the floater policy of M-Care health insurance policy, the cover is offered for the individual, spouse, dependent children or dependent parents.
Sum insured options under the M-Care health insurance policy are minimum Rs. 10,000 and a maximum of Rs. 75,000.

Things To Keep In Mind Before Buying Health Insurance

Insurance policy is not only the investment but it is the promise that in the hour of need and requirements, you will get the protection from a certain insurance policy. Now, the following are the points that you should keep in mind while buying insurance policy in order to attain maximum profit-

Claim Settlement Ratio

Any insurance company which takes care of the customers is the best insurance company. If the claim settlements are good enough then one might not think and look for other options while buying an insurance policy.

Features & Benefits

Different insurance policies offer different protection cover so one should check the benefits and features of the insurance policy before buying any. One should take care of his/her requirements and need for coverage, then proceed further to buy an insurance cover

Network Hospitals

This is a very important factor. We often do not want to compromise with the health care of our loved ones and ours. Hence, check the list of network hospitals which fall under the cashless benefits of the health insurance policy.

Easy Renewal & Buying

Many times we do not finish work because it is too complicated to be done. Hence if the insurance process is too complicated in order to buy or renew your policy then you may find it like a hard task every time and may result in discontinuing it or not buying it at all.

Exclusions

As it is very important to read and check covers and benefits of the insurance plan, it is also equally important to check exclusions from the insurance plan. For example, most of the health insurance companies do not offer cover for pre-existing health from 1-3 years.

Customer Care

Customer to insurer and insurer to customer relationship is very important. It is an era of technology, look for some insurance with which you can connect instantly just by few clicks. Bajaj Allianz offers 24*7 customer support and guide to the customers.

How to Renew Bajaj Allianz Health Insurance Online?

Now you can renew your health insurance online. Renewal process of Bajaj Allianz Health insurance policy is very simple and hassle-free. One just has to be careful to renew online health insurance policy before it expires, in order to lapse the insurance policy. If the insurance policy lapse then the policyholder lose all benefits of the waiting period. The minus is that policyholder will even not be able to claim the cumulative bonus of the policy either.

Hence, it is very important to renew online to continue getting benefits of your insurance policy and the steps are as follows:

Step 1: Log on to the e-portal of the Bajaj Allianz. It can be done with a username and password.

Step 2:Choose the policy that is to be renewed and select the mode of payment and pay the renewal fees. One can choose different modes like- Credit card, debit card or via internet banking.

Step 3:You may get the pop-up message and email (if registered) of the renewal receipt.

Also, there is a need to calculate the premiums of the policy by the help of a health insurance calculator. By providing a few details you can check your customized premium details for your health insurance policy. The premium calculation with health insurance calculator can be affected by a few factors such as the policyholder's age, health records and history, type of cover, whether the insured smokes or not, use of tobacco, BMI (Body Mass Index), sum assured, etc.

Bajaj Allianz Health Insurance Exclusions

You cannot get it all; there are always some limitations. A health insurance policy offers an umbrella coverage but still, some exclusion is always there. Some of the common exclusions are as follows:

No pre-existing condition is covered under the health insurance policy. That means that you will not get any cover for the disease with which you are already suffering when you bought the health insurance policy such as cancer etc. Some insurance policies may offer you cover but after a certain period of time like one to three years.
Any type of dental treatment is not covered under the health insurance policy.
Any cosmetic surgery that even if you required after some accident etc is also not covered under the health insurance policy. Other surgeries such as lip surgery, weight loss surgery, hair transplants are also not covered under the health insurance policy.
Any alternative therapies such as acupuncture, naturopathy etc is not covered. But, this also depends on policy to the policy as some health insurance policies offer cover treatments like ayurvedic treatment, homoeopathic treatment and etc.
Any health issue that is because of the consumption of any illegal drugs or alcohol is not covered under the health insurance policy.
Any STD. HIV related to any treatment is also not covered under the Bajaj Allianz Health Insurance plans.
Any injury or health problem that occurs due to participation in some dangerous adventurous sports or working at some hazardous place is also not covered under the health insurance policy by Bajaj Allianz.
Some policies have waiting periods under which one cannot avail any benefit for a certain span of time which could range from one month to three months from the date on which policy is bought.

Bajaj Allianz Health Insurance Plans Reviews

Bajaj Allianz Health Insurance plan ensures that the individual and his/her loved ones will get the best medical care and treatment in the hour of need without hampering the financial security umbrella of the individual. It helps the policyholder to attain peace of mind even in the chaos hour. It offers a wide range of insurance plans at an affordable rate. There are various health insurance plans like individual health insurance plans, family insurance and etc. Bajaj Allianz Health Insurance has a high claim settlement ratio among various other health insurance companies. With the best claim settlement ratio and taking care of the needs of the customer, yesterday, today and tomorrow, Bajaj Health Insurance is the best health Insurance company that you consider for your health insurance purchase. And that is how the company has got the best reviews for its performance and efficiency.

Bajaj Allianz Health Insurance Claim Process

Cashless Claim

It is mandatory for the cashless claim that the treatment of the policyholder is only done via any of the network hospitals that fall under the Bajaj Allianz Health insurance company.

One has to complete the pre-authorisation format first place that is available at the hospital’s insurance desk.
That should be sent via email or fax to Bajaj Allianz Health insurance.
An approval letter will be sent from the claim management of the Bajaj Allianz Health insurance that means your claim is accepted.

and

Reimbursement Claim

One has to complete the necessary information in the reimbursement form.
Then the required documents such as discharge summary, prescription etc will be sent along with the form.
An approved letter will be received from the claim management team

In case of any emergencies, you need to inform Bajaj Allianz within 24 hours. In case of planned emergencies, one has to notify Bajaj Allianz Health Insurance Company 48 hours prior to the hospitalization.

FAQs

Following documents are required to buy Bajaj Allianz Health Insurance Plan-

Any ID proof such as PAN card, Adhaar card, Passport, Voter ID, etc.
Age proof and address proof such as a copy of driving licence, Voter ID card, birth certificate, school leaving certificate and etc.
Three passport size photos
Any medical document if specified and mandatory if you are above certain n age and need to undergo some medical checkups before some policy is issued to you

No, Bajaj Allianz life insurance and Bajaj Allianz Health Insurance are not the same thing. Life insurance is more about supporting family of insured and even it offers payouts. While the health insurance cover expenses if the policyholder hospitalises for any health-related issues. There is no procedure of payouts as such

Bajaj Allianz Health is one of the best insurance providers in India with a blooming range of flexible and customised health insurance product. It not only offers peace of mine but also peace of the pocket during the medical treatments. It has tie-ups with the best hospitals and gives a world class service to the policyholder.

It is very important to have a health insurance cover and continue it till lifetime. Sometimes, policyholder wants to switch to some new insurer along with the accumulated benefits, In 2011, Insurance Regulatory and Development Authority of India introduced the concept of portability, one can now port health insurance policies like a general insurance company to specialized ones and vice versa.

There are mainly three modes wire which premium amount of Bajaj Allianz Health Insurance policy can be paid -

Online payment
ECS (electronic mode of funds transfer from one bank to another)
By cheque or by cash payment at the insurance

Under such circumstances, it is to be informed to the insurer very immediately if you lost your membership card. You can inform at the toll-free number 1800-22-5858. You will get a duplicate membership card within 7 days of the intimation. Yes, a duplicate membership card is chargeable.

It can be done in simple steps. Log on to The Bajaj Allianz’s website. You have to click on the health insurance tab where you will see the option of Network hospitals. Just by clicking, you can see all the network hospitals around the corner that fall under the Bajaj Allianz Health Insurance.

Yes, the Bajaj Allianz Health Guard plan for individuals as well as for family provides the cover for expenses of maternity and the newborn baby. Same can be claimed via cashless claim or reimbursement claim process.

Last updated on 01-10-2019

Bajaj Allianz Health Insurance