Bajaj Allianz Health Insurance

Good health leads to a better life and to achieve life goals in a better way only if one has a sound body along with sound mind. But nowadays due to changing lifestyles, people are falling prey to unhealthy eating, inactive Routines. Who spend their hard earned money on medicines? Some people have medicines not only on a monthly or weekly basis but a daily basis. It is very difficult to attain, educational needs, medical needs, daily needs and financial balance at one time. That is why there are various kinds of insurance. Insurance has become the need of the hour. There is insurance like car insurance, travel insurance, life insurance and even health insurance. Health insurance is one of the very popular insurance. Bajaj Allianz Health Insurance Plans are designed in a flexible way that ensures all-around health care protection. There are covers for Individual Health protection, family health protection, critical health insurance and etc.

Below is the list of basic features that Bajaj Allianz’s family health insurance plans cover-

• A maximum six members of the family where there can be up to 2 children and for adults.
• The plan offers lifelong option. If your age is not eligible to buy but you can still use your old one.
• The Bajaj Allianz Health Insurance covers all medical expenses 60 days pre hospitalisation of the policyholder and 90 days post hospitalisation.
• NCB offered no claim bonus which is like 10% of every claim free year up to 50%.
• The incurred claim settlement ratio of Bajaj Allianz Health Insurance for year 2017-2018 is 77.61%, which is quite good.
• It even offer cover for expenses as room rents, doctors fees, operation theatre charges, medicinal charges and etc.
• Cashless settlement is one of the very important features. Bajaj Allianz is empathised on the customer service. There are many network Hospital of Bajaj Allianz around India. Policyholders can get cashless treatment at any of them.
• Hassle free claims- Bajaj Allianz health-insurance offer 24 *7 call support and an in-house health administration team that insure quick settlement for the policyholder.
• Bajaj Allianz Health Insurance offers cover for more than 36 critical illnesses that too including the heart and cancer.
• It even offers return of premium at death of the policyholder.
• One is eligible to claim tax exemption up to Rs. 1,00,000 Under the section 80 D of the income tax act.
• Health CDC is an app feature of the Bajaj Allianz Health Insurance Wallet App. Through This policyholders can make claim requests up to Rs.20,000. As the whole process is paperless, it saves the customer money and effort while receiving regular updates of the claim status. It is used mainly in emergency and quiet reliable.

Eligibility:

Good health is very important to live a good life. Without good health Bajaj Allianz Health Insurance plans are designed in a flexible way. One can avail various benefits under the health insurance plan. But that is possible if you are eligible for the health insurance plan. Eligibility to buy Bajaj Allianz Health Insurance

• The minimum age of proposer is 18 years old while the maximum age is 65 years. Although, policyholder can renew the insurance policy life time.
• For the children, age is from 3 month to 30 years old.

Bajaj Allianz Health Insurance plans are designed flexibly keeping the requirement of customers.Following are the types of Bajaj Allianz Health insurance plans-

Insurance policy is not only the investment but it is the promise that in the hour of need and requirements, you will get the protection from a certain insurance policy. Now, the following are the points that you should keep in mind while buying insurance policy in order to attain maximum profit-

Claim Settlement Ratio

Any insurance company which take care of the customers is the best insurance company. If the claim settlements are good enough then one might not think and look for other options while buying an insurance policy.

Features & Benefits

Different insurance policies offer different protection cover so one should check the benefits and features of the insurance policy before buying any. One should take care of his/her requirements and need for coverage, then proceed further to buy an insurance cover

Network Hospitals

This is a very important factor. We often do not want to compromise with the health care of our loved ones and ours. Hence, check the list of network hospitals which fall under the cashless benefits of the health insurance policy.

Easy Renewal & Buying

Many times we do not finish work because it is too complicated to be done. Hence if the insurance process is too complicated in order to buy or renew your policy then you may find it like a hard task every time and may result in discontinuing it or not buying it at all.

Exclusions

As it is very important to read and check covers and benefits of the insurance plan, it is also equally important to check exclusions from the insurance plan. For example, most of the health insurance companies do not offer cover for pre-existing health from 1-3 years.

Customer Care

Costumer to insurer and insurer to customer relationship is very important. It is an era of technology, look for some insurance with which you can connect instantly just by few clicks. Bajaj Allianz offers 24*7 customer support and guide to the customers.

Process of renewal of Bajaj Allianz Health insurance policy is very basic. One just has to be careful to renew the health insurance policy before it expires, in order to lapse the insurance policy. If the insurance policy lapse then the policyholder lose all benefits of the waiting period. The minus is that policyholder will even not be able to claim the cumulative bonus of the policy either.

Hence, it is very important to renew the insurance policy and it is as following-

Step 1 :  Log on to the e-portal of the Bajaj Allianz. It can be done with a username and password

Step 2 : Choose the policy that is to be renewed and select the mode of payment and pay the renewal fees. One can choose different modes like- Credit card, debit card or via internet banking.

Step 3 : You may get the pop-up message and email (if registered) of the renewal receipt.

You cannot get it all. There are always some limitations. A health insurance policy offers an umbrella of coverage but still, some exclusion is always there. Some of the common exclusions new-

• No pre-existing condition is covered under the health insurance policy. That means that you will not get any cover for the disease with which you are already suffering when you bought the health insurance policy such as cancer etc. Some insurance policies may offer you cover but after a certain period of time like one to three years.
• Any type of dental treatment is not covered under the health insurance policy.
• Any cosmetic surgery that even if you required after some accident etc is also not covered under the health insurance policy. Other surgeries such as lip surgery, weight loss surgery, hair transplants are also not covered under the health insurance policy.
• Any alternative therapies such as acupuncture, naturopathy etc is not covered. But, this also depends on policy to the policy as some health insurance policies offer cover treatments like ayurvedic treatment, homoeopathic treatment and etc.
• Any health issue that is because of the consumption of any illegal drugs or alcohol is not covered under the health insurance policy.
• Any STD. HIV related to any treatment is also not covered under the Bajaj Allianz Health Insurance plans.
• Any injury or health problem that occurs due to participation in some dangerous adventurous sport or working at some hazardous place is also not covered under the health insurance policy by Bajaj Allianz.
• Some policies have waiting periods under which one cannot avail any benefit for a certain span of time which could range from one month to three months from the date on which policy is bought.

Bajaj Allianz Health Insurance plan ensures that the individual and his/her loved ones will get the best medical care and treatment in the hour of need without hampering the financial security umbrella of the individual. It helps the policyholder to attain peace of mind even in the chaos hour. It offers a wide range of insurance plans at an affordable rate. There are various health insurance plans like individual health insurance plans, family insurance and etc. Bajaj Allianz Health Insurance has a high claim settlement ratio among various other health insurance companies. With the best claim settlement ratio and taking care of the needs of the customer, yesterday, today and tomorrow, Bajaj Health Insurance is the best health Insurance company that you consider for your health insurance purchase.