Bajaj Allianz General Insurance Company Limited

Bajaj Allianz General Insurance Company Limited Founded in 1890 is the joint venture of Bajaj Finserv Limited (demerged from Bajaj Auto Limited) and Allianz SE, a German multinational financial services company is the world's largest insurance company. Bajaj Finserv Limited holds 74% and the remaining 26% is held by Allianz SE. The company is headquartered in Pune, Maharashtra.

Bajaj Allianz general Insurance Company has received iAAA rating from ICRA Limited for 10th consecutive years, which indicates highest claims paying ability and strong position of the company. Bajaj Allianz General Insurance was recognised as the Aon Best Employer 2016 highlighting the company's excellence in promoting a transparent culture and healthy work environment along with designing employee friendly policies as an outcome of the Aon Best Employers 2016 Study which was conducted in partnership with Businessworld and Bloomberg TV. Bajaj Allianz GIC was chosen as one of the best Health Insurance Providers of the Year by Outlook Money Awards 2015, for best-in-class and innovative products, services and exceptional claims management processes.

Bajaj Allianz General Insurance was conferred the Economic Times Best Corporate Brand Award as an outcome of Economic Times Best Brands Survey 2016 identifying the company as one of the best brands according to the consumers in urban India. The company was recognized as the Most Admired Health Insurance Company of the Year by Pharma Leaders Power Brands Awards 2015 recognizing its contribution in the health insurance space and exceptional claim settlement services to our customers.

Bajaj Allianz GIC was ranked 2nd amongst top health insurance brands in the country on the basis of customer loyalty according to a syndicated survey conducted by Indian Market Research Bureau (IMRB). Bajaj Allianz General Insurance awarded The Silicon Valley Business Award 2015 under the categories Best Financial app and Best overall app categories for its innovation - Insurance Wallet. The awards recognize the leading companies and world-class brands which are leveraging apps and innovative technology devices as a part of their broader cross-platform business strategies.

Bajaj Allianz GIC was awarded the Claims Award Asia 2015, for the third consecutive year, this time under the categories of Insurer Claims team of the Year for claim settlement during J & K floods and Claims Innovation of the Year for introducing innovative claim settlement practices in health claims. Previously, the company had won the Insurer Claims Team of the Year Award 2014 for superior Health Claim Management practices and Claims Innovation of the Year Award 2013 for introducing Tablet Based Application for settlement of Motor Claims.

It is one of the top insurers in India providing better quality consumer experience and good returns to shareholders and maintaining the reliability of Bajaj. In 2014, Bajaj Allianz General Insurance has been adjudged as the "Best General Insurance Company in the Private Sector" by ABP News. In the same year, Bajaj Allianz was conferred with the Golden Peacock Award 2014 in the category of Innovative Products/Services. Bajaj General Insurance has come a long way in penetrating the Indian market. Bajaj Allianz has a pan-India presence in over 200 towns across the country. Bajaj Allianz policies are also available online through their website and from insurance aggregators. Bajaj Allianz Product Portfolio are as below:

Bajaj Allianz Health Insurance Plans:

In the times of rising medical costs, health insurance becomes a necessity. Health insurance plans are the perfect solution and provide health protection for you and your family. They take care of medical treatment costs incurred during hospitalisation due to serious accidents or critical illnesses.

  • Health Insurance for Individuals: Individual Health Guard Insurance is an affordable health insurance policy that will shield you against rising medical costs incurred during hospitalization and medical emergencies.
  • Health Insurance for Family: Health Guard Family Floater health insurance provides health cover for the whole family. It acts as a single umbrella under which you can protect the health of you and your family members.
  • Global Personal Guard: Life being uncertain takes you through many twists and turns. Accidents can happen with anyone anywhere and can create serious financial problems for the family and you may not be prepared for it.
  • Critical Illness: A critical illness policy can come to your rescue when diagnosed with critical illnesses like cancer, tumors or strokes etc. Its provides cover against higher treatment cost for such illnesses.
  • Top-Up Health Insurance: Health Extra Care is a top-up health insurance plan that allows you to extend your existing health insurance cover by 2-3 times at a significantly lower cost, should the need arise.
  • Health Care Supreme: Health insurance plan which will take care of the medical expenses at every stage of your life
  • Hospital Cash: Hospital Cash Policy guards you and your family from increased financial burden during hospitalization
  • Silver Health: Health insurance policy exclusively designed for senior citizens, covering medical expenses
  • Star Package: Provides a gamut of covers for various health risks, household contents, education grant.
  • Health Ensure: The Health Ensure policy is the perfect health protection for you and your family
  • Tax Gain: Bajaj Allianz has designed a unique product - The Tax Gain plan, a Family floater health policy.
  • Personal Accident: The accidental death or injury of a breadwinner, can create serious financial problems for the family.
  • Critical Illness for Women: The perfect health insurance plan for every woman.
  • Premium Personal Guard: PPG is a premium accident cover with sum insured up to Rs. 25 lacs.

Bajaj Allianz Car Insurance Plans:

Your motor insurance policy is the most important document for your vehicle because it protects you against financial loss and legal issue.

Car Insurance Online Products:

  • Car Insurance Our car insurance will protect you from any financial losses incurred while driving which you would likely need to pay if not covered
  • Two - Wheeler Insurance Our two wheeler policy will cover any type of two wheeler that you may own, protecting you against liabilities that may arise from an accident.
  • Third-Party / Liability Only - Motor Insurance Our liability only/third party insurance will secure you from expenses you may incur from any third party damages.
  • Commercial Vehicle Insurance This policy will safeguard your vehicle that you use for commercial purpose by protecting it from damages due to an accident

Bajaj Allianz Travel Insurance Plans:

Travel insurance plans let you travel overseas with your loved ones and without worries. It covers expenses due to medical emergencies while abroad or non-medical contingencies like loss of passport or checked in baggage and many more. It takes care of anything wrong that might happen to you while you are travelling.

  • Individual Travel Insurance: Travelling abroad to a foreign land alone entails a lot of risk. Medical emergencies, losses, and delays can be expensive and cause great inconvenience to you. Are you covered?
  • Family Travel Insurance: A hundred things can go wrong when you travel. Something that's an inconvenience at home can ruin your holiday when you're abroad. Is your family covered?
  • Senior Citizen Travel: Taking a holiday abroad in your golden years is a dream for many. But little inconveniences and medical problems can sully your enjoyment unless you've got someone to take care of them for you
  • Student Travel Insurance: When you go to study abroad, you want a solid support system to care of any troubles for you. Are you covered?
  • Corporate Travel Insurance: Corporate travel insurance plan is a comprehensive package which provides complete medical and health cover to the international business traveller.
  • Travel Asia: The Travel Asia Policy is a comprehensive package which provides complete medical and health cover to the international traveller.
  • Bharat Bhraman: Bharat Bhraman Policy, is a domestic travel insurance policy for all individuals travelling within India.

Bajaj Allianz Home Insurance Plans:

Home insurance plans are designed for your convenience and they cover various risks and contingencies faced by home owners. Home insurance is an important tool to safeguard the sweat and blood of your life, your dream house.

  • My Home Insurance: The My Home Insurance plan is an all-risk home insurance policy protecting not only the home, but also the contents and belongings inside it, against risks such as fire, burglary and natural calamities
  • House Holders Package Policy: The House Holders Package policy offers all-round protection of the home (property), its contents, and interests of the insured and their family members through a single protection plan
  • Easy House Holders Package Policy: The Easy House Holders Package policy is a simplified home insurance plan designed to cover various risks and contingencies faced by home owners

Bajaj Allianz Personal Accident Insurance:

While we cannot do much about the uncertain nature of life, what we can surely do is to secure financial independence to deal with various unforeseen situations the journey of life throws at us. The Bajaj Allianz Personal Accident cover is a unique insurance plan offering multiple benefits such as medical benefits, education benefits to children or spouse and giving up to 125% compensation in case of disability.