Bajaj Allianz Health Insurance vs Kotak General Health Insurance

Gone are the days when you had to rely on an agent or intermediary to find the right health insurance policy for your needs. Now, an online comparison guide showcasing the best features of different health insurance policies can simplify the process for you. Here’s a guide on the offerings from Bajaj Allianz Health Insurance and Kotak General Health Insurance to help save your valuable time. 

Bajaj Allianz Health Insurance vs Kotak General Health Insurance – Overview 

ParameterBajaj Allianz Health InsuranceKotak General Health Insurance
No. of health insurance policies15+9
E-servicesPolicy salePolicy renewalClaim settlementOnline consultationBranch locator24x7 customer supportPolicy salePolicy renewalClaim settlementOnline consultationBranch locator24x7 call assistance
Branches200+15+
Claim settlement ratio (CSR)95.01%97.40%
Claim settlement time (Reimbursement) Within 7 daysWithin 15 days 
Hospital network6,500+4000+ 

*Source: The Annual Report of the Insurance Regulatory and Development Authority of India (IRDAI) –years 2019-2020.

Health Insurance Policies: Bajaj Allianz Health Insurance vs Kotak General Health Insurance

Bajaj Allianz Health Insurance offers a comprehensive range of over 15 health insurance policies. These policies cover the needs of individuals, families, senior citizens, and corporate groups, among others. 

Kotak General Health Insurance offers 9 health insurance policies that provide extensive coverage for individuals, families, and senior citizens.  

Personal Accident Policy:

Bajaj Allianz has two accident insurance policies: 

  1. A Personal Accident Policy that offers: 
  • Payment of 100% – 125% of the sum insured (SI) on accidental death and permanent total disability 
  • Payout of up to 70% SI on permanent partial disability 
  • Rs. 5,000 per week on temporary total disability 
  • Child education benefits for dependent children 
  • Reimbursement for hospitalization expenses
  • Daily hospital cash allowances
  1. A Global Personal Guard Policy that features: 
  • Multiple SI options up to Rs. 25,00,00,000
  • Payouts in case of accidental death and permanent total and partial disability due to an accident 
  • Lifestyle modification benefits
  • 12 optional covers, such as: 
  • Accidental hospitalization expenses 
  • Adventure sports benefit 
  • Hospital cash benefit 
  • Coma care 
  • EMI payment cover
  • Fracture care
  • Air ambulance cover.  
  • A cumulative bonus of 10% of the SI on a claim-free year 

Kotak General Health has the ‘Kotak Accident Care’ policy. The benefits include: 

  • Lump-sum payment of the entire SI on accidental death and permanent total disability 
  • Lump-sum payout of up to 100% SI on permanent partial disability 
  • A weekly payout on temporary total disability 
  • Reimbursement for hospitalization expenses due to an accident 
  • Daily hospital cash benefits
  • Rs. 10,000 towards a convalescence benefit 
  • Six optional covers, including: 
  • Transportation of deceased 
  • Permanent total disability improvement benefit 
  • Permanent partial disability improvement benefit 
  • Children’s education grant 
  • Ambulance charges 
  • Funeral expenses extension 

Top up Insurance Policy: 

Bajaj Allianz provides an ‘Extra Care Plus Policy’ that offers:  

  • Multiple SI options up toRs.50,00,000
  • Inclusion of in-patient, pre and post-hospitalization expenses 
  • Settlement of expenses for daycare treatment and organ donor transplant 
  • Cover for maternity needs 
  • Coverage for pre-existing diseases after a 1-year waiting period
  • Payouts for emergency road ambulance service costs 
  • Free health check-ups

Kotak General Health offers the ‘Kotak Health Super Top up’, which includes the following:

  • Cover for in-patient, pre and post-hospitalization expenses 
  • Inclusion of 405 daycare procedures and organ donor transplantation 
  • Settlement of AYUSH treatment charges (up to Rs. 50,000) 
  • Payout of double the amount of the SI in case of hospitalization due to an accident 
  • Settlement of ambulance costs up to Rs. 2,000 per hospitalization 

Arogya Sanjeevani Policy: 

An Arogya Sanjeevani Policy is a standard health plan that offers similar coverage across different insurance companies. It is part of the IRDAI’s effort to make health insurance affordable throughout India. 

Bajaj Allianz Health Insurance and Kotak General Health Insurance companies’ Arogya Sanjeevani Policies provide: 

  • SI amounts between Rs.50,000 and 5,00,000
  • Inclusion of pre, post and in-patient hospital care 
  • Coverage for non-allopathic (AYUSH)treatments
  • 50% SI for daycare procedures
  • 25% SI for cataract treatment 
  • Payouts for ambulance services up to Rs.2,000 per hospitalization