COCOCure Health Insurance vs Bajaj Allianz Health Insurance

The COVID-19 pandemic impacted the physical and mental health of many. Living indoors and keeping themselves fit amidst continuous uncertainty took a toll on several people. So much so, that the issue was noticed and mentioned on the World Health Organization’s website along with tips and resources on how to deal with it. In India, the IRDAI took initiative and began to urge insurers to extend the scope of their health insurance coverage to mental health ailments too. Not only this, health insurance covers a bunch of illnesses and eventualities – which can make it the perfect security bubble for you and your loved ones. Check out its benefits with this comparative guide of COCOCure Health Insurance and Bajaj Allianz Health Insurance.

COCOCure Health Insurance vs Bajaj Allianz Health Insurance – Overview 

ParameterCOCOCure Health InsuranceBajaj Allianz Health Insurance
No. of health insurance policies815+
E-servicesPolicy salePolicy renewalClaim settlementOnline consultationBranch locator 24×7 customer helpPolicy salePolicy renewalClaim settlementOnline consultationBranch locator24x7 customer support
Branches17200+
Claim settlement ratio97%95.01%
Cashless claim settlement time 24-48 hours1 hour
Hospital network5,000+6,500+

*Source: Insurance Regulatory and Development Authority of India’s (IRDAI) Annual Report – for the years 2019-20.

Health Insurance Policies: COCOCure Health Insurance vs Bajaj Allianz Health Insurance

COCOCure Health Insurance, better known as Navi General Ltd. Insurance, offers 8 holistic health insurance policies. It has excellent credentials and quality of services. Only in February 2021, its claim settlement ratio for health claims was 97%! The insurance company aims to make insurance accessible and easy-to-purchase for all. 

Bajaj Allianz Health Insurance has performance metrics that speak for themselves. Take, for instance, its high and consistent claim settlement ratio, its instant turnaround time for settling cashless claims, and vast connection of hospital networks. The insurance company offers over 15 all-round health insurance policies. 

Vector-borne Policy: 

COCOCure’s Vector-borne Policy, called Coco Seasonal Byte offers: 

  • Sums insured (SI) up to Rs. 2,00,000
  • Coverage for: 
  • 7 vector-borne/ seasonal diseases including: 
  1. Malaria
  2. Chikungunya
  3. Dengue fever
  4. Zika fever
  5. Swine flu
  6. Leptospirosis 
  7. Encephalitis 
  • Pre and post-hospitalization
  • In-patient hospitalization 
  • Non-allopathic (AYUSH) treatments that include: 
  1. Ayurveda
  2. Unani
  3. Siddha
  4. Homeopathy
  • Road ambulance charges
  • Funeral expenses 
  • OPD consultations 

Bajaj Allianz’s Vector-borne Policy called M-Care offers: 

  • SI up to Rs. 75,000
  • 100% lump-sum payout of the SI on the diagnosis of a listed vector-borne disease 
  • Coverage for: 
  • 7 vector-borne/ seasonal diseases including: 
  1. Malaria
  2. Chikungunya
  3. Dengue fever
  4. Filariasis 
  5. Kala-Azar 
  6. Zika virus
  7. Japanese encephalitis 

Family Floater Policy: 

COCOCure’s Family Floater Policy called Cococure offers: 

  • SI up to Rs. 1,00,00,000
  • Coverage for:
  • Pre and post-hospitalization
  • In-patient hospitalization 
  • AYUSH treatments 
  • Domiciliary hospitalization
  • Mental ailments 
  • Daycare procedures
  • Organ donor expenses 
  • HIV/ AIDS treatment 
  • Maternity and newborn baby needs 
  • Newborn vaccination expenses 
  • 6 vector-borne diseases 
  • Bariatric surgery 
  • Up to 5 counselling sessions 
  • Advanced treatments
  • Road ambulance charges
  • Emergency air ambulance charges 
  • Daily hospital cash allowances 
  • Restoration of the SI 

Bajaj Allianz’s Family Floater Policy called Health Guard offers: 

  • SI up to Rs. 1,00,00,000
    Coverage for:
  • Pre and post-hospitalization
  • In-patient hospitalization 
  • AYUSH treatments 
  • Domiciliary hospitalization
  • Daycare procedures
  • Organ donor expenses 
  • Maternity and newborn baby needs 
  • Bariatric surgery 
  • Daily hospital cash benefits
  • Road ambulance charges 
  • Convalescence benefits 
  • Health check-up and wellness benefits 
  • Automatic restoration of the SI

COVID-19 Policy: 

COCOCure Health Insurance and Bajaj Allianz Health Insurance offer the standard COVID-19 insurance policies: 

  • The Corona Kavach Policy
  • The Corona Rakshak Policy

These policies offer similar benefits across insurers throughout India.

The Corona Kavach Policy offers: 

  • SI up to Rs. 5,00,000
  • Coverage for:
  • Pre and post-hospitalization 
  • In-patient hospitalization 
  • Domiciliary hospitalization
  • AYUSH treatments
  • Comorbidities
  • Road ambulance charges 
  • Daily hospital cash benefits 

The Corona Rakshak Policy offers: 

  • SI up to Rs. 2,50,000
  • 100% lump-sum payout of the SI on the diagnosis of COVID-19 and a minimum continuous hospitalization of 72 hours 
Click to rate this!
[Total: 0 Average: 0]