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Insurance policy is a contract of protection/compensation by the insurer to the insured. It is designed to reimburse or compensate the insured party for the financial loss caused in event of death or damage to merchandise as mentioned in the insurance contract.

Broadly insurance can be classified in two categories:
First - Life Insurance which matures in event of death of the insured/policyholder. On occurrence of such an event the insurance company pays a sum of money assured to the nominee/beneficiary (person nominated by the policyholder). Life Insurances are of two types:
Traditional Plans - which contain Endowment Plan , Cash Back Plan, Term Plan , (Term Life Insurance) and Whole life policy. And Unit-linked Insurance Plans - are of 4 types - Endowment cum Ulips, Children Plan , Retirement Plan or Pension plan and investment/saving plans.
Second - General insurance. All insurance policies other than life insurance policies come under general insurance segmentation. (Also known as non-life insurance policies). These policies include Home Insurance, Auto Insurance, Travel Insurance, Marine Insurance, Theft Insurance, Office insurance and Health insurance
Health insurance is most acquired policy in general insurance segment. Health insurances are of 3 types - Comprehensive Plan - which include Mediclaim and Fixed benefits plan, Accidental Insurance and Critical Care plan .
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Home > Health Insurance > Health Insurance Companies > Bajaj Allianz General Insurance

Bajaj Allianz General Insurance

The Company has an authorized and paid up capital of Rs 110 crores. Bajaj Finserv Limited holds 74% and the remaining 26% is held by Allianz, SE. Bajaj Allianz today has a countrywide network connected through the latest technology for quick communication and response in over 200 towns spread across the length and breadth of the country, all the offices are interconnected with the Head Office at Pune. Bajaj Allianz General Insurance has received the prestigious "Business Leader in General Insurance", award by NDTV Profit Business Leadership Awards 2008.
Health Insurance Plans
1) Individual Health Guard: Health Guard policy takes care of your hospitalization expenses & offers a wide coverage of pre & post hospitalization expenses.

2) Health Ensure: It takes care of medical treatment costs incurred during hospitalization due to serious accident or illness. 

3) Extra Care: It is a unique health insurance plan that allows you to extend your existing health insurance cover. 

4) Family Floater Health Guard: The policy covers pre and post hospitalization expenses and also ambulance charges in case of an emergency (subject to a limit of Rs. 1000/-)

5) Critical illness : A health insurance plan that covers critical illness means you can insure yourself against the risk of serious illness in much the same way as you insure your car and your house. 

6) Star Package: It provides a range of covers for various health risks, household contents, education grant, travel baggage and public liability all under a single policy. 

7) Personal Guard : Personal Guard is a policy that covers the insured against bodily injury or death caused due to accidents

8) Tax Gain : It is a Family floater health policy which covers out patient (OPD) expenses & hospitalization expenses under a single policy and helps you in your tax management also. 

9) Life Health Insurance: It is a unique hospitalization-cum-insurance plan that takes care of your hospitalization bills and also provides crucial financial support to your dependents in case of your unfortunate death.

10) Hospital Cash: Hospital Cash Policy guards you and your family against the trauma that you face because of increased financial burden during hospitalization. 

11) Silver Health: An insurance policy designed exclusively for senior citizens that cover medical expenses incurred during hospitalization. 

12) Insta Insure: It takes care of the medical treatment costs incurred during hospitalization due to serious accident or illness.

Disclaimer: Please note that the information provided is collected from sources publicly available & we believe to be reliable. The website doesn’t warrant the accuracy, reliability & absolute information available on the website. Participation by site visitors or registered customers is on a voluntary basis. The policies are offered by various life Insurance & non-life insurance offering companies and Bimadeals does not seek to, either directly or indirectly, advise, offer, solicit or recommend that any person who is or proposes to become its member should purchase the Policy.
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