Bajaj Allianz Health Insurance

• 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.

Bajaj Allianz provides a free online premium calculator that is easy to use and calculates the premium amount in real time with accuracy. If you are planning to purchase health insurance or are going to renew your plan and want to know how much it will cost you. Here you go,

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.

• Hospital cash add-on

Under this add-on the policyholder is entitled to receive money for the days he or she was admitted in the hospital. This amount is based on the plan you choose. The minimum requirement is, the insured has to be admitted to the hospital for at least 24 hours.

• Accident disability add-on

If the policyholder suffers from a partial or complete disability due to an accident, the insurance company will pay a part or the entire sum insured, however, it completely depends on the level of injury.

• Critical Illness add-on

Critical Illnesses are usually not covered in the usual health insurance policies hence, it is a good idea to opt for a critical illness add-on.

• Maternity expense add-on

Health insurance policies does not cover maternity-related expenses, however, if you have the maternity cover add on your maternity expenses during the birth of your child, vaccination, post-delivery expenses.

Before choosing the add-on always ensure to read the terms and conditions, because the add-on cover varies from plan to plan and insurer to insurer. Be sure about which cover you actually need then only opt for it because, the more add-on you will opt for, the higher premium you will have to pay along with wider coverage.

l year 2021–2022, Bajaj Allianz Health Insurance stands at a claim settlement ratio of 98.48%.

Before you buy any health insurance or life insurance, you must check the claim settlement ratio of the insurer you are choosing. It is your right to know about the company's financial position, reliability, and other important aspects before you invest your hard earned money in it.

• Insurer reliability

Claim settlement is the metric used to evaluate the worthiness of the insurance provider. It reflects whether the insurer is capable of paying the maturity benefits, healthcare claims, death benefits, etc. If an insurance company is unable to resolve claims, the entire investment will be for nought.Therefore, the higher the claim settlement ratio, the better positioned the company is to pay off its claims.

• Sense of security

You pay the premium for any insurance you purchase now, but you receive the benefit later. Same with health insurance. Medical emergencies cannot be predicted in advance. Hence, it is important that, wherever there is a need, your insurance provider fulfils your claims as per the agreement.

In the financial year 2021–2022, Bajaj Allianz Health Insurance stands at a claim settlement ratio of 98.48%.

1. 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.

2. 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.

2. 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

3. 2017

• Non-Life Insurer of the Year Award

• Outlook Money Awards 2017

Bajaj Allianz has partnered with over 8,000 hospitals across the country to provide cashless treatment facilities to their health insurance policyholders. With such a wide network of hospitals, you can ensure that in your time of need you would never far be away from getting the best medical facilities.