Bajaj Allianz Health Insurance

Bajaj Allianz Health Insurance at a Glance

In life, 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 can arise anytime, anywhere. During such times, you cannot solely depend on your life savings to overcome medical expenses. Bajaj Allianz health insurance plans come to your rescue here. These health insurance plans are designed with a wide range of benefits and provide all-round coverage against diseases, illnesses, accidents, etc. Let’s understand Bajaj Allianz health insurance in detail.

Types of Plans offered by Bajaj Allianz Health Insurance

Bajaj Allianz health insurance plans are designed to cater to the diverse and specific requirements of customers pertaining to health insurance in order to keep pace with the changing lifestyle and rising medical costs.

Bajaj Allianz health insurance offers various health insurance plans. Here are the different plans offered by Bajaj Allianz Health Insurance, along with the Bajaj Allianz health insurance premium chart:

Why Buy Bajaj Allianz Health Insurance Plans?

Bajaj Allianz health insurance policies provide you access to the best healthcare facilities while keeping you financially secure. With these policies, you can enjoy the best medical treatments at any of the 8,000+ network hospitals without worrying about the medical bills. With health insurance plans at affordable premiums and a high claim settlement ratio of 98%, Bajaj Allianz health insurance policies are ideal for you if you are looking for the highest coverage at a low cost. 

Advantages & Benefits of Bajaj Allianz Health Insurance

Here are some of the benefits of buying Bajaj Allianz health insurance plans:

• Tailor-made plans

Personalised health insurance plans that suit your medical needs.

• Instant claim settlement

With a smooth and quick claim settlement process, the company claims to settle cashless claims within 60 minutes of the claim request.

• Daily cash benefit

Bajaj Allianz health insurance offers a daily cash benefit of ₹500 per day for up to 10 days.

• Cashless claim facilities

With a network of 8,000+ partnered hospitals and cashless claims offered at these hospitals, you can rest assured.

• Tax benefits

Bajaj Allianz Health Insurance lets you enjoy significant tax benefits of up to ₹75,000 on the premiums paid under the Income Tax Act’s (1961) Section 80D.

How to Calculate Premiums Online for Bajaj Allianz Health Insurance Plans?

Bajaj Allianz health insurance premiums can be easily calculated on Bajaj Markets. Here is all you need to do:

1. Visit the ‘Health Insurance Premium Calculator’ page on Bajaj Markets.

2. Enter the necessary details of the person to be insured like age, address, mobile number etc.

3. Once you hit the ‘Get Quote’ button, the available plans for you shall be displayed.

4. Pick the plan that best suits your requirements.

5. Based on your choice, the premium amount you are liable to pay for the Bajaj Allianz health insurance cover will be displayed.

6. Not just this! You can customise your plan too! Choose from the add-on covers to enhance your medical coverage.

How to Buy Bajaj Allianz Health Insurance at Bajaj Markets?

At Bajaj Markets, buying your Bajaj Allianz Health Insurance is a very seamless process. 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:

1. Visit the ‘Health Insurance’ section on our website and click the ‘Check Plans’ button.

2. Provide the necessary details about whom you wish to insure, their age, date of birth and your mobile number.

3. Pick a suitable plan as per your needs.

4. You can also enhance your coverage by selecting the add-on covers available.

5. Make the Bajaj Allianz health insurance premium payment.

Your policy will be sent to you after confirmation of the successful payment of the premium.

Bajaj Allianz Health Insurance Plans- Inclusions & Exclusions

Bajaj Allianz health insurance plans cover the following expenses:

• Pre & post hospitalisation costs like check-ups, recovery treatments, and more.

• Reinstatement benefit on the same illness in case your sum insured has been completely exhausted during the policy year.

• Expenses incurred during organ donor treatment.

• Expenses incurred for Ayurvedic/Homoeopathic hospitalisation for up to ₹20,000.

• Convalescence benefits up to ₹5,000 per year for more than 10 days of continuous hospitalisation.

• Free preventive health check-up at the end of a continuous period of 3 years 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 hospitalisation.

Bajaj Allianz health insurance plans will not cover the following:

• Pre-existing diseases will be excluded till the end of the 3-year waiting period.

• Maternity/newborn expenses will be excluded till the end of the 6-month waiting period.

• Any disease contracted during the first 1 month of commencement of the health insurance policy will not be covered. However, accidental injuries are taken care of during the waiting period.

• Diseases like cataracts, piles, hernia, and sinusitis will be excluded from the Bajaj Allianz health insurance cover till the end of the 2-year waiting period.

• Treatment for the use of intoxicating and/or harmful substances like drugs or alcohol.

How to File your Bajaj Allianz Health Insurance Claim

Apart from checking the coverage of a health insurance plan, it is important to understand the claim process. This way, you are aware of what needs to be done when a claim is to be made. Bajaj Allianz health insurance claim filing hardly takes any time. Just follow these quick steps, and you’re done!

Cashless claims

1. You need to provide your health insurance policy details to the Bajaj Allianz network hospital and fill out the pre-authorisation form.

2. We will verify the form and provide the details of your policy benefits and coverage to the hospital.

3. The hospital will commence the treatment once we approve the claim.

4. When you are discharged, the hospital will send the bill along with discharge papers to us, and we will settle the claim after reducing the co-payment, if any.

Claim reimbursement

1. Submit all original documents and hospital bills.

2. Our team will scrutinise the data and may ask for any additional information that is needed.

3. On reviewing all the documents, your claim is approved.

4. You will receive the payment based on the policy terms and conditions.

Documents Required for Raising a Claim

Bajaj Allianz health insurance claim filing will need the following documents:

• Duly filled and signed hospitalisation claim form

• Health insurance card

• First consultation letter from doctor

• All lab and test reports

• Original discharge summary document

• Original hospital bills with detailed cost breakup

• Copy of barcode/invoice/stickers in case of implants

• KYC form

Bajaj Allianz Health Insurance - Awards and Recognition

Some of the awards bagged by Bajaj Allianz Health Insurance in the past years are listed below:

2019

• Asia Insurance Technology Award

• Insurance Review and Celent

• Marketer of the Year

• Money Today Award

• People Matters Best Recruitment Technology & Analytics Award

• People Matters Talent Acquisition

• The Insurance India Summit & Awards 2019

2018

• Asia Insurance Industry Awards 2018

• Banking Frontiers

• Dale Carnegie & Associates

• Dale Carnegie Global Leadership Award

• Dale Carnegie Global Leadership Award

• Distributor of the Year

• ET Now

• Finnoviti Award

• General Insurance Company of the Year

• Herald Global & BARC Asia

• Synnex Group

• The Most Trusted Global Brand 2018

2017

• Non-Life Insurer of the Year Award

• Outlook Money Awards 2017

Bajaj Allianz Network Hospitals 

Bajaj Allianz has partnered with over 8,000 hospitals across the country to provide cashless treatment facilities to their health insurance policyholders. 

Read More: Bajaj Allianz Network Hospital List

Health Insurance Plans Available at Finserv MARKETS