Life is quite unpredictable. The only thing that matters the most is good health for you and your loved ones in every aspect. But, life-threatening illnesses and emergency hospital visits arise anytime, anywhere. During such times, you cannot solely depend on your life savings to overcome the medical expenses. This is where health insurance plans come to your rescue.
Due to a rise in medical inflation and an increase in work-life imbalance, having a health insurance plan is necessary. However, it is better to take a health plan for family at an early stage in life. The reason being, you pay low premiums, and a single plan covers you and your loved ones as well. Moreover, as you grow older, buying health insurance might need medical check-ups, longer waiting periods for pre-existing illnesses, and the insurer might exclude some important diseases. Hence, getting health insurance when you are younger is a wise financial choice.
Personalized health insurance plans that suit your medical needs
With a smooth and quick claim settlement process, the company claims to settle cashless claims within 60 minutes of the claim request
Bajaj Allianz health insurance offers a daily cash benefit of Rs 500 per day, for up to 10 days
With a network of 6500+ partnered hospitals, and cashless claims offered at these hospitals, you can rest assured
Apart from the medical coverage benefits, Bajaj Allianz Health Insurance lets you enjoy significant tax benefits of up to Rs. 75000 on the premiums paid, under section 80D.
With the diverse and specific requirements of customers pertaining to health insurance, the Bajaj Allianz Health Insurance plans are designed to cater to these needs, in order to keep pace with the changing lifestyle and rising medical costs.
Take a look at the different plans offered by Bajaj Allianz Health Insurance
|Bajaj Allianz Health Guard Policy||Available for individual as well as family, the plan suits your requirements. The plan is an extensive coverage that takes care of the medical costs with a sum insured options ranging from Rs. 2 Lakhs to Rs. 1 Crore. From cover for day care procedures, organ donor expenses, in-patient hospitalization, and more, you get extensive protection.|
Bajaj Allianz Extra Care Plus Policy
|A unique super top-up policy, the Bajaj Allianz Extra Care Plus Policy that manages the blow of higher medical expenses after your existing health insurance plan is exhausted. The plan comes with benefits like in-patient hospitalization costs, pre-hospitalization & post-hospitalization costs, road ambulance cover, air ambulance cover, free medical check-up, and more.|
Finserv MARKETS has made it very easy for you to calculate your Bajaj Allianz Health Insurance premium.
Coverage includes costs incurred during pre and post hospitalization procedures like check-ups, recovery treatments and more
The sum insured reinstatement benefit works in case your sum insured has been completely exhausted during the policy year. You get sum insured reinstatement on the same illness with 100% coverage
Covers expenses incurred during organ donor treatment
Coverage for Ayurvedic/Homeopathic hospitalization across the country for up to INR 20,000.
Provides convalescence benefit up to INR 5000 per year for more than 10 days of continuous hospitalization
The plan offers free preventive health check-up at the end of a continuous period of 3 years during in case of an individual health insurance plan
Expenses incurred due to treatments and diagnosis, ICU charges, fees of specialists, medical consultants, and practitioners during in-patient hospitalization are taken care of
A waiting period of 3 years is applicable for pre-existing diseases
A waiting period of 6 months for maternity/ new born expenses
Any disease contracted during the first 1 month of commencement of the health insurance policy will be excluded from the coverage. However, accidental injuries are taken care of during the waiting period.
Diseases like cataract, piles, hernia, and sinusitis have a waiting period of 2 years.
Treatment for use of intoxicating and/or harmful substances like drugs or alcohol are not covered
In-active policy - Medical expenses after the health plan is lapsed.
Buying your Bajaj Allianz Health Insurance is a very seamless process, through Finserv MARKETS. The online portal makes it easy for you to get your policy in just a few clicks online!
Here’s how you can go about it:
And, that's it!
Follow these steps to have seamless process for your Bajaj Allianz Health Insurance Renewal
Visit the Finserv MARKETS website. Proceed to renew your health insurance through the health insurance page
Enter previous policy details and your personal information, as requested
Review the new policy before agreeing to the terms and conditions
Make your health insurance premium payment
Your policy will be renewed after a confirmation of successful payment of premium
After successful payment, your policy will be renewed and functional to avail all the health insurance benefits in no time!
Apart from checking the coverage of a health insurance plan, it is important to understand the claim process. This way, you are aware about what needs to be done, once a claim is to be made. Filing Bajaj Allianz Health Insurance claim hardly takes any time. Just follow these quick steps and you’re done!
Here’s how you can connect with us at Finserv MARKETS, should you need any help with Bajaj Allianz Health Insurance!
The Bajaj Allianz health insurance team is there for you, in case you need any assistance regarding the product. Here’s how you can get in touch with them
Here’s how you can get in touch with the team:
If you renew your individual health insurance policy with us without any break and there has been no claim in the preceding year, Bajaj Allianz will increase the ‘Sum Insured Amount’ by 10% of the base sum insured per annum. However, the maximum cumulative increase in the ‘Sum Insured Amount’ will be limited to 10 years and 100% of your first health insurance policy with us. Also, there are tax benefits under the Income Tax Act, 1961 (in India); every taxpayer can avail an annual deduction up to Rs. 50,000 from his/her taxable income for premium paid for an individual health insurance plan.
If you have held a Bajaj Allianz Health Insurance policy for a continuous period of 3 years, then at the end of it, you are eligible for a free preventive health check-up. Our partner, Bajaj Allianz will reimburse the amount equal to 1% of the sum insured max or up to Rs. 2000/- (whichever is less), for each member, during this block period of 3 years.
In the event of your policy getting rejected, you can avail premium reimbursements within the next seven working days. However, your medical check-up expenses will not get reimbursed.
It is best to renew your Bajaj Allianz Health Insurance plan before its expiry date. With our plan you have a grace period of 30 days (after the expiry date of the plan), within which you can renew the plan without having to apply afresh. During this grace period, you will not be covered for any ailments or accidents, but the same plan can be continued. However, it is suggested that you pay your renewal premium while your health insurance is still in force so that you can enjoy the uninterrupted coverage.
You can enhance the Sum Insured of your Bajaj Allianz individual health insurance policy only at the time of renewals. The enhancement would be subject to underwriting approval, based on the declaration on the application.
I have taken an individual health insurance policy to cover myself. The online application process was quite smooth. It is one is the best investment I have made in my career.
Posted on 14 Jan 20
I applied for an individual health insurance policy, it is quite suitable for an individual like me who has just started working. I was satisfied with the inclusions and exclusions and bought a 3 lakh cover for myself. Thank you for your great services.
Posted on 17 Dec 19
I purchased a Bajaj Allianz individual health insurance plan for myself. The policies are good and completely apt for my needs. Was impressed with their service and the fact that all major hospitals in my locality are covered under their network.
Posted on 4 Jan 20
After a friend recommended, I got an individual health insurance policy from Bajaj Allianz health insurance. I had a really good experience while purchasing the plan on the online platform. The process was explained in detail & the claim process is also very smooth.
Posted on 23 Feb 20
During my recent hospitalization for a minor surgery, I experienced the quick and hassle-free claim settlement process of the Bajaj Allianz individual health insurance policy. My claim request was approved within very less time & I did not have to worry about the hospital bills. Great plan!
Posted on 26 Mar 20