Health Insurance is a form of insurance that, in return for a payment, covers the insured’s medical expenditures in the event of a sickness or accident. The insurance company can pay hospitalisation costs, childcare treatments, catastrophic diseases, etc. A health plan provides other perks, such as cashless hospitalisation and free medical checkups. One of the top providers of online health insurance plans in India is Bajaj Allianz. In this article, we’ll discuss all the plans and types of cover offered with Bajaj Allianz Health Insurance.
An Introduction To Bajaj Allianz
Bajaj Allianz is a partnership between the Indian corporation Bajaj Finserv Limited and the European firm Allianz SE. Bajaj Allianz satisfies the demands of its consumers by providing a vast selection of insurance products, including health insurance coverage. By combining worldwide competence with local experience, the firm offers customers unique solutions and clear advantages, catering to all demographics and economic levels.
Bajaj Allianz Health Insurance Advantages and Benefits
The Bajaj Allianz General Insurance firm is known as the health insurance industry’s leader because it provides its customers with a little more advantage when they purchase insurance plans from the company. The following are the benefits of purchasing Bajaj Allianz health insurance plans:
- When cashless claims are brought to the firm, they are accepted within one hour.
- Bajaj Allianz General Insurance has affiliations with over 4000 hospitals and 1200 diagnostic centres throughout the nation.
- There is a feature for 24-hour phone help for claim settlement.
- The Bajaj Allianz offers customers Value Added Services that allow them to save up to 30% on prescriptions, OPD charges, and so on. To mention a few of the Value Added Services, there are savings on Pathologies, radiography, wellness testing, pharmacy, and appealing health-related offers at certain locations.
Online Health Insurance Plans Offered By Bajaj Allianz
As a prominent insurance provider, Bajaj Allianz offers a plethora of different plans and cover, which we’ve listed below.
Bajaj Allianz Health Guard Individual Policy
| Key Features | Highlights |
| Plan Name | Individual |
| Sum Assured | ₹ 1.5-50 Lakh |
| Policy Renewability | Lifelong |
| Entry Age | Children-3 Months Adults-18 Yrs |
| Co-Payment | Available |
Individual hospitalisation expenditures are covered by the Bajaj Allianz Health Guard Individual coverage, which includes the following features:
- Access to cashless healthcare across 4000 accredited institutions.
- Hospitalisation expenditures are reimbursed for 60 and 90 days, respectively.
- The costs of emergency ambulances and 130-day care operations are reimbursed.
- The presence of an in-house Health Management Department.
- 10% in total A no-claim incentive of up to 50% is available.
- The Health plan may be renewed indefinitely.
Eligibility
The plan may cover the proposer or spouse aged 18-65, as well as children from 3 months to 25 years.
Bajaj Health Guard Family Floater Option
| Key Features | Highlights |
| Plan Name | Family Floater |
| Sum Assured | ₹ 1.5-50 Lakh |
| Policy Renewability | Lifelong |
| Entry Age | Children-3 Months Adults-18 Yrs |
| Co-Payment | Available |
The Bajaj Health Guard Family Floater Option plan may be used to cover the complete family, including yourself, spouse, kids, including dependent parents.
Main Features
Here are some of the main features offered as part of this Bajaj Allianz health insurance plan for family:
- Medical expenditures are covered in the event of hospitalisation.
- Hospitalization expenditures are reimbursed for 60 and 90 days, accordingly.
- The cost of an emergency ambulance is covered.
- The presence of an in-house Health Management Department.
- After four claim-free years, the proposer and his or her family are entitled to a free medical examination.
- 10% in total A no-claim bonus of up to 50% is available.
- The plan may be renewed indefinitely.
Bajaj Allianz Extra Care Health Plan
Bajaj Allianz Extra Care Health Plan may be purchased to supplement the coverage offered by an existing health plan at a cheap cost.
| Key Features | Highlights |
| Plan Name | Family Floater |
| Sum Assured | ₹ 10-50 Lakh |
| Policy Renewability | Lifetime |
| Entry Age | 3-6 Months Adults-18 Yrs |
| Co-Payment | Available |
Main Features
The following are the features and benefits:
- This Bajaj Allianz health insurance plan allows for coverage extension at cheaper prices.
- Medical expenditures are covered in the event of hospitalisation.
- Hospitalization expenditures are reimbursed for 60 and 90 days, respectively.
- The cost of an emergency ambulance is covered.
- There are no medical examinations necessary until the age of 55.
- In the event of a claim, the amount over the plan’s deductible maximum is covered by the Bajaj Health Insurance policy.
Eligibility
- Individuals between the ages of 18 and 70 can apply. In the case of young children, the age restriction is 3 months to 5 years if both parents are insured or 6-18 years if only one parent is covered. Children between 18 and 25 may serve as proposers or dependents.
Bajaj Allianz Premium Personal Guard Policy
Bajaj Allianz Premium Personal Guard Policy covers expenditures incurred by the proposer and his covered family in the event of an accident.
| Key Features | Highlights |
| Plan Name | Individual |
| Sum Assured | ₹ 10-25 Lakh |
| Policy Renewability | N/A |
| Entry Age | Children- 5 Yr Adults-18 Yrs |
| Co-Payment | N/A |
Main Features
The following are the features and benefits:
- Constant Total Disability, Perpetual Partial Disability, Acute Total Disability, and Accidental Death are covered under the Bajaj Allianz Premium Personal Guard insurance.
- Hospital isolation reimbursement and accidental hospitalisation expenditure are included in the Bajaj Health plan.
- The organisation collaborates with around 4000 hospitals & 1200 diagnostic clinics throughout India and offers Value Added Services.
- The presence of an in-house Health Management Department.
- 10% No Claim Bonus, up to 50%.
Eligibility
- The plan may cover the proposer or spouse aged 18-65, as well as dependent children between the ages of 5 to 21.
Bajaj Allianz’s Critical Illness Health Insurance Plan
Bajaj Allianz’s Critical Sickness Health Insurance Plan is specifically intended to protect against pre-determined critical diseases, with a lump sum payment made promptly if the proposer is identified with the illness included under the plan’s scope.
| Key Features | Highlights |
| Plan Name | Individual & Family Floater |
| Sum Assured | ₹ 1-50 Lakh(for age group 6Yr to 60Yrs) |
| Policy Renewability | Lifetime |
| Entry Age | Children-6 Yr Adults-18 Yrs |
| Co-Payment | N/A |
Main Features
The plan’s features are:
- When an insured is diagnosed with a serious disease covered by the plan and lives for at least thirty days after diagnosis, a lump sum payment is made to him.
- Donor expenditures are also taken care of.
- The sum assured varies from one lakh to fifty lakhs.
- Cancer, coronary artery bypass surgery, renal failure, initial heart attack, major transplants, stroke, aorta grafting surgery, main pulmonary arterial hypertension, multiple sclerosis, and permanent limb paralysis are among the illnesses covered by the plan.
- The presence of an in-house Health Management Department.
Eligibility
- The plan is available to those aged 6 to 65.
Bajaj Allianz’s Silver Health Insurance Plan
The Silver Health Insurance Plan from Bajaj Allianz is meant for older adults who regularly need medical treatment.
| Key Features | Highlights |
| Plan Name | Senior Citizens |
| Sum Assured | ₹ 50,000-5 Lakh |
| Policy Renewability | Lifetime |
| Entry Age | 46 Yrs |
| Co-Payment | Available |
Main Features
The following are the features:
- The plan covers hospitalisation expenditures and 3% of permissible pre and post-hospitalization expenses.
- The cost of an emergency ambulance is covered.
- Pre-existing diseases are covered at 50% beginning in the second year of the Bajaj Allianz plan.
- Cashless service with speedy claim payment.
- The presence of an in-house Health Management Department.
- 5% family discount and cumulative bonus.
Eligibility
- Coverage is available from 46 to 75, with an admission age of 70.
- Pre-entry medical examinations are to be performed at the proposer’s expense, which will be refunded if a new policy is adopted.
Bajaj Allianz Health Insurance Customer Care
For policy-related inquiries, contact the insurer at their toll-free number 1800- 102- 5858 or send an email to the insurer at bagichelp@bajajallianz.co.in.
You may also use the Branch Locator function on the insurer’s website to find the closest Bajaj Allianz branch. For policy-related questions, you may contact an insurance agent using the Bajaj Allianz website’s chatbot, BOING. You may also search for network hospitals online by entering your state, city, and hospital category or name into the Bajaj Allianz website.
| Toll Free Number | 1800- 102- 5858 |
| bagichelp@bajajallianz.co.in |
FAQs
1. What are the tax advantages of purchasing Bajaj Allianz Health Insurance?
Purchasing a Bajaj Allianz health insurance coverage will provide you with tax advantages under Section 80D of the Income Tax Act of 1961.
2. What are the benefits of Bajaj Allianz Health Insurance Plans?
The following benefits are included in Bajaj Allianz Health Insurance policies:
- Over 4000 hospitals throughout the nation provide cashless services.
- Post-hospitalization and pre-hospitalization expenses are limited to 90 and 60 days, respectively.
- Ambulance service is provided free of charge, subject to a maximum established in the policy statement.
- Your medical expenditures will be reimbursed.
- Free medical examinations are subject to a four-year claim-free period.
3. How can I find out about the state of my Bajaj Allianz health insurance policy?
Users who are listed may check the state of their insurance online. To do the same, just go to the company’s website and log in using your user ID and password. Otherwise, you may check the policy validity by entering the policy data into the insurer’s mobile app, ‘ Customer Portal,’ which can be downloaded from the Bajaj Allianz website.
4. What are the processes for renewing your Bajaj Allianz Health Insurance Plan online?
The steps for renewing your Bajaj Allianz Health Insurance online are as follows:
Step 1: Enter your login and password into the insurer’s e-Portal.
Step 2: Based on the information provided, pick the policy to renew and the payment method for the renewal cost. Payment methods include debit cards, credit cards, and Internet banking.
Step 3: Print or save a copy of the payment transaction or renewal statement for your records.
5. Is there a cashless option available with Bajaj Allianz Health Insurance Plans?
Bajaj Allianz Health Insurance Plans provide cashless services at hospitals that are part of the Bajaj Allianz Health Insurance Hospital Network.