Star Health Insurance vs Bajaj Allianz Health Insurance

Have you ever shopped for anything without surfing through the different items available? Probably not. When you compare through various things, you learn about your preferences and get closer to what you are looking for. Harbouring this approach is beneficial on many ends, especially when you are buying health insurance. Just like day-to-day products or high-end services, health insurance comes in various packages (the insurance companies) and contents (the features of the health insurance policy). Take this comparison guide of Star Health Insurance and Bajaj Allianz Health Insurance as the first step towards surfing through the health insurance market. 

Star Health Insurance vs Bajaj Allianz Health Insurance – Overview 

ParameterStar Health InsuranceBajaj Allianz Health Insurance
No. of health insurance policies1115+
E-servicesPolicy salePolicy renewalClaim settlementBranch locator Online consultation24x7 customer helpPolicy salePolicy renewalClaim settlementOnline consultationBranch locator24x7 customer support
Branches600+200+
Claim settlement ratio90%95.01%
Cashless claim settlement time Within 2 hoursWithin 1 hour
Hospital network9,000+6,500+

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

Health Insurance Policies: Star Health Insurance vs Bajaj Allianz Health Insurance

Star Health Insurance has over 16 crores lives insured since its inception and settled over 5.2 million claims. It is well known for its high claim-settling abilities and hassle-free in-house claim settlement services.

Bajaj Allianz Health Insurance is at the forefront when it comes to providing health insurance. From having a huge customer base and a high claim paying ratio; to offering diverse health insurance products and winning several awards to its name – the company has set benchmarks in every sphere. 

Top-up Policy: 

Star Health Insurance’s ‘Super Surplus Insurance Policy’ offers: 

  • Two policy options on an individual and family floater basis 
  • Multiple sum insured (SI) options up to Rs. 25,00,000
  • Deductible amount options up to Rs. 10,00,00
  • Coverage for: 
  • Pre and post-hospitalization expenses 
  • In-patient hospitalization expenses 
  • Daycare procedures 
  • Modern/advanced treatments 
  • Organ donor transplantation costs 
  • Pre-natal, post-natal and delivery expenses 
  • Pre-existing diseases after 12-36 months 
  • Road and air ambulance costs 
  • A recovery/recharge benefit on exhaustion of the base SI 

Bajaj Allianz Health Insurance’s ‘Extra Care Plus Policy’ offers:  

  • SI options up to Rs. 50,00,000
  • Deductible amount options up to Rs. 10,00,000
  • Coverage for: 
  • Pre and post-hospitalization expenses 
  • In-patient hospitalization expenses 
  • Daycare procedures 
  • Modern/advanced treatments 
  • Organ donor transplantation costs 
  • Pre-existing diseases after 12 months 
  • Up to Rs. 7,50,000 for maternity needs 
  • Emergency road ambulance charges 
  • An optional air ambulance cover

Critical Illness Policy: 

Star Health Insurance’s Critical Illness Policy, called ‘Star Criticare’ gives: 

  • SI amounts up to Rs. 10,00,000 
  • Coverage for: 
  • 9 major critical illnesses such as cancer, kidney failure, paraplegia, and more 
  • Pre and post-hospitalization expenses 
  • In-patient hospitalization expenses 
  • Non-allopathic treatments 
  • Daycare procedures 
  • Modern/advanced treatments 
  • Lump-sum payout of the entire SI on the diagnosis of a listed critical illness 

Bajaj Allianz Health Insurance offers a Critical Illness Policy that gives:  

  • SI amounts up to Rs. 50,00,000
  • Coverage for 10 major critical illnesses, such as:
  • Cancer
  • Stroke
  • Hypertension
  • Kidney failure 
  • Permanent paralysis 
  • Lump-sum payout of the entire SI on the diagnosis of a listed critical illness

Bajaj Allianz Health Insurance also offers a women-centric Critical Illness Policy that gives: 

  • SI amounts up to Rs. 20,00,000 
  • Coverage for 8 women-specific ailments such as: 
  • Breast cancer
  • Ovarian cancer
  • Vaginal cancer
  • Cervical cancer
  • Multi-trauma, and more 
  • Lump-sum payout of the entire SI on the diagnosis of a listed critical illness 
  • 50% of the SI if the insured gives birth to a child with a congenital/birth disease including: 
  • Down’s syndrome 
  • Cleft palate 
  • Spina bifida
  • A child education benefit of Rs. 25,000
  • A loss-of-job benefit of Rs. 25,000 

Senior-Citizen Policy: 

Star Health Insurance’s Senior Citizen Policy offers: 

  • SI amount options up to Rs. 25,00,000
  • Coverage for: 
  • Pre and post-hospitalization 
  • In-patient hospitalization 
  • Daycare procedures 
  • Modern treatments 
  • Pre-existing diseases 
  • Out-patient medical consultations 
  • Ambulance charges  

Bajaj Allianz Health Insurance’s Senior Citizen Policy offers: 

  • SI amounts up to Rs. 50,00,000
  • Coverage for
  • Pre and post-hospitalization 
  • In-patient hospitalization 
  • 130 daycare procedures 
  • Pre-existing diseases after 1 year 
  • Ambulance charges up to Rs. 1,000 per claim