Bajaj Allianz General Insurance

Key Features

Claim Settlement Ratio 98.48%

Claim Settlement Facility 100%

Network Hospitals 6500

Renewability 100%

COVID-19 Cover Yes

Incurred Claim Ratio 77.31%

About Bajaj Allianz

Bajaj Allianz General Insurance Company Limited is a joint venture between Bajaj Finserv Limited & Allianz SE. Bajaj Finserv was established in 1987 and is a leading diversified financial services company in India. Allianz SE on the other hand was founded in 1885 and is the worlds leading insurer and a global financial services provider. Allianz SE is headquartered in Munich, Germany.

The joint venture was formed in 2001 with 74% stake held by Bajaj Finserv Limited & 26% stake held by Allianz SE.


Bajaj Allianz Health insurance plans

Individual Health Insurance plan

The individual health insurance plan is designed to cover the individuals and their family members in case of a medical emergency. The policy offers a maximum sum insured of up to ₹1 Crore.

Benefits of Bajaj Allianz Health Insurance

Bajaj Allianz Health insurance policies are eligible for wellness Benefits. A discount of 12.5% would be provided at the time of renewal if you maintain good health. There are different parameters for obtaining the discounts.

Exclusions of Bajaj Allianz Health insurance

Cummulative Bonus

There are certain exclusions under the Bajaj Allianz Health Insurance plans which are mentioned below:-

  • Any dental expenses that comprises cosmetic surgery,dentures ,dental prosthesis, dental implants of any kind unless as a result of accidental bodily injury to natural teeth resulting in hospitalization would not be covered.

Tax Benefits

Bajaj Allianz health insurance policies offer tax benefits under the Section 80D of the income tax act.


The unlimited sum insured plan from Bajaj Allianz is known as Health infinity in which there would be no limit on the sum insured at the time of hospitalization. The claim settlement would be done on the basis of the room rent limit opted by the insured customer. The co-payment would be applicable if the hospitalization expenses exceed 100 times of the room rent limit.