OneAssure Verdict

Company Stats

About the company

Insurance Policies

KYC Documents

Claims

Renewals

Contact

Other companies

FAQs

Health insurance

Bajaj allianz general insurance co ltd

Bajaj Allianz

OneAssure Rating

Our Verdict

Bajaj Allianz General Insurance offers comprehensive coverage, including chronic condition coverage, maternity benefits, and global cover. Their Care Supreme plan ensures enhanced protection with affordable premiums. The company is known for its customer-friendly app and hassle-free claim process, making insurance accessible and convenient. Additionally, Bajaj Allianz is praised for its quick customer support and reliable service

Pros

Comprehensive Product Portfolio

Bajaj Allianz provides a wide array of insurance products, catering to various customer needs.

Strong Brand Reputation

As a joint venture between Allianz SE and Bajaj Finserv, the company benefits from the credibility and experience of its international and domestic stakeholders.

Extensive Network

Bajaj Allianz has a large network of over 7,000 branches and touchpoints across India, making it easily accessible to customers across the country.

Pros

Cons

Claim Settlement Delays

Some customers have reported delays in claim processing and disputes over claim settlements, particularly for more complex claims.

Premium Costs

Bajaj Allianz policies may be priced higher than some other insurers in the market, which may not appeal to budget-conscious customers

Cons

Company Stats

Industry Avg.

1998

Bajaj Allianz

20630

Gross Direct Premium

Industry Avg.

82.27%

Bajaj Allianz

81.96%

ICR%

Rating 7.5/10

Solvency2.9/4

ICR2.3/3

Growth2.3/3

About the Company

Bajaj Allianz General Insurance Company Limited is a joint venture between Allianz SE, a leading global insurer, and Bajaj Finserv Limited. Established in 2001, the company received its registration from the Insurance Regulatory and Development Authority of India (IRDAI) on May 2, 2001, to conduct general insurance business in India.

Headquartered in Pune, Maharashtra, Bajaj Allianz offers a comprehensive range of insurance products, including motor, health, travel, home, cyber, and commercial insurance, catering to individuals, businesses, and communities. Over the years, the company has expanded its presence across approximately 950 towns in India, making it one of the largest private insurers in the country.

Bajaj Allianz has received several accolades, including being adjudged as the "Best General Insurance Company in the Private Sector" by ABP News - Banking, Financial Services Awards in 2014.The company's vision emphasizes being the first choice insurer for customers by delivering innovative solutions and seamless experiences

Insurance Policies

Extra Care Plus

My Healthcare Plan

Bajaj Critical Illness

Health Guard Platinum

Health Ensure

KYC Documents Required

Aadhar Card

Voter ID Card

PAN card

Passport

Claim Settlement

Cashless Claim

Step 1 - Visit Network Hospital

Step 2 - Inform OneAssure

Step 3 - Carry Required Documents

Step 4 - Fill Pre-authorization Form

Step 5 - Seek Approval

Step 6 - Claim Settlement

Reimbursement Claim

Step 1 - Notify the Insurer

Step 2 - Settle Hospital Bills

Step 3 - Collect Medical Documents and Receipts

Step 4 - Fill Out the Claim Form

Step 5 - Await Claim Review and Reimbursement

Renewal

Online Renewal

Step 1 - Visit the Bajaj Allianz website and log in to your account.

Step 2 - Select the policy to renew.

Step 3 - Review policy details, make necessary updates.

Step 4 - Complete the payment via available online options.

Offline Renewal

Step 1 - Visit a Bajaj Allianz branch.

Step 2 - Provide your policy number and other details.

Step 3 - Pay through cheque, cash, or other accepted methods.

Key points to remember during Renewals

Renew before the policy lapses for continuous coverage.

Update personal details or policy coverage as needed.

Online renewal is quicker and convenient.

Customer Support

Talk to an OneAssure Insurance Expert for FREE.

For Bajaj Allianz customer care :
Toll Free - 18002097272,
E-mail - customercare@bajajallianz.co.in

Other related companies

IFFCO TOKIO General Insurance Company Limited

Frequently Asked Questions

1. HOW TO BUY BAJAJ ALLIANZ HEALTH INSURANCE FROM ONEASSURE?

2. HOW TO PORT TO BAJAJ ALLIANZ HEALTH INSURANCE?

3. TAX BENEFITS

Frequently Asked Questions

HOW TO BUY BAJAJ ALLIANZ HEALTH INSURANCE FROM ONEASSURE? - Step 1: Visit www.oneassure.in or call us at +91 6364334343 to connect with our expert advisors.
Step 2: Receive 100% unbiased recommendations tailored to your needs from our team of expert advisors.
Step 3: They will help you select the best option that suits you.
Step 4: You will need to provide us with the necessary KYC documents to proceed with the issuance further.
Step 5: We will generate the payment link on your phone and email.
Step 6: Once you’ve made the payment, your policy will be issued promptly.
Step 7: If you have declared any medical conditions, additional reports must be submitted.
HOW TO PORT TO BAJAJ ALLIANZ HEALTH INSURANCE? - Step 1: Approximately 60 days before your current policy renewal date, you have the option to port.
Step 2: If you decide to proceed with porting, our team will discuss all the related information with you. Based on this discussion, they will recommend a suitable plan.
Step 3: After you have made your decision, depending on the chosen plan, you will need to provide us with additional documents that are not listed in your current policy document. These documents may include your height, weight, claim details if any, previous year policy copies, nominee's name, nominee's date of birth, and their relationship with you.
Step 4: The registration process for the new policy will be completed on the insurer's online portal.
Step 5: Once the registration is done, you will receive a payment link via email and phone. After making the payment, your new policy will be promptly issued.
TAX BENEFITS - Under Section 80D of the Income Tax Act, individuals are eligible for a tax deduction of up to ₹25,000 per year on health insurance premiums.
For senior citizens, this limit is extended to ₹50,000 per year.
Additionally, taxpayers can claim an additional deduction of up to ₹5,000 for expenses incurred on preventive health check-ups.