Q: What is the Claim Settlement Ratio of Bajaj Allianz General Insurance?

As per IBAI’s General Insurance Claim Insights Handbook For Policyholders-3rd and 4th Edition, the Claim Settlement Ratio of Bajaj Allianz General Insurance for the financial years 2017-18 and 2018-19 is 93.95% and 93.68% respectively.

Question 1

In how many days you need to file a claim with Bajaj Allianz Health Insurance?

Accepted Answer

The policyholders need to submit the claim form along with the documents for the reimbursement of the claim within 15 days from the discharge date of discharge from the hospital.

Question 2

Is there any limit for the number of claims that can be made in a year?

Accepted Answer

The policyholders can make as many claims as possible in a year, but the total amount of claim can&rsquo;t exceed the sum insured under the plan.

Question 3

Where can I submit the documents of my claim?

Accepted Answer

The policyholders need to submit the documents of the claim at the nearest branch of Bajaj Allianz Health Insurance.

Question 4

In how much time Bajaj Allianz Health Insurance settles the claim?

Accepted Answer

Bajaj Allianz Health Insurance generally settles the claim, if not rejected, within 7 working days of the receipt of the last necessary document, but will not take more than 30 days.

Question 5

What is the claim settlement ratio of Bajaj Allianz Health Insurance for the financial year 2018-19?

Accepted Answer

The claim settlement ratio of Bajaj Allianz Health Insurance for the FY 2018-19 is 93.68%.

Question 6

What is the Claim Settlement Ratio of Bajaj Allianz General Insurance?

Accepted Answer

As per IBAI&rsquo;s General Insurance Claim Insights Handbook For Policyholders-3rd and 4th Edition, the Claim Settlement Ratio of Bajaj Allianz General Insurance for the financial years 2017-18 and 2018-19 is 93.95% and 93.68% respectively.

Question 7

How to calculate the Claim Settlement Ratio (CSR) of Bajaj Allianz General Insurance?

Accepted Answer

The Claim Settlement Ratio of Bajaj Allianz General Insurance is calculated using the following formula:    Claim Settlement Ratio = (Total no. of claims approved/Total no. of claims received)x100

Question 8

What is the time frame within which the hospitalisation must be reported to Bajaj Allianz General Insurance?

Accepted Answer

You must report Bajaj Allianz General Insurance as soon as possible in case of hospitalisation. You can inform them about the same by calling 1800-209-5858 or writing at bagichelp@bajajallianz.co.in.

Question 9

How to process cashless insurance claim settlement of Bajaj Allianz General Insurance?

Accepted Answer

To process cashless insurance claims under health insurance plans offered by Bajaj Allianz General Insurance, you are required to follow the steps given below:       Visit a network hospital of your choice and intimate the insurance company by calling them on their toll-free number     Show your Bajaj Allianz Health ID card along with the valid ID proof at the hospital     Fill in the pre-authorization form. The hospital will then send the same to Bajaj Allianz Health Administration Team (HAT).      Your documents will then be verified by the insurance company.    If the claim made was in accordance to the terms and conditions of the policy, then your request will be accepted and the insurance company will settle the bills directly at the hospital.

Question 10

How to make reimbursement claims under health insurance plans offered by Bajaj Allianz General Insurance?

Accepted Answer

Making a reimbursement claim under the health insurance policy offered by Bajaj Allianz General Insurance is as simple as making a cashless claim. You need to follow steps for the same:       Get hospitalised at a non-network hospital of your choice and avail the required treatment.     Pay from your own pocket for the treatment availed at the hospital.    Collect all the documents related to your treatment from the hospital. These include original discharge summary document, KYC form, medicine bills, all laboratory tests, receipts, etc.     The insurance company will verify your documents and will accept the claim request if it was made in accordance to the terms and conditions of the policy.     The insurance company will then pay you for the treatment availed.

City	No of Hospital
Faridabad	41
Karimnagar	34
Patna	53
New Delhi	246
Indore	39
Ghaziabad	55
Chennai	235

Bajaj Allianz Health Insurance Claim Settlement

Health Insurance Calculator

Whom do you want the insurance for ?

Select the age of all members

Where do you live ?

Choose required Coverage for yourself?

Health Insurance News

World Mother's Day: Give a Gift That Truly Matters

World Asthma Day 2024: Know About Causes, Preventi...

The Importance of Maternity Health Insurance for E...

World Malaria Day 2024: Know Causes, Symptoms and ...

IRDAI Transforms the Health Insurance Market by Re...

FAQs

In how many days you need to file a claim with Bajaj Allianz Health Insurance?

Is there any limit for the number of claims that can be made in a year?

Where can I submit the documents of my claim?

In how much time Bajaj Allianz Health Insurance settles the claim?

What is the claim settlement ratio of Bajaj Allianz Health Insurance for the financial year 2018-19?

User Reviews

Partner Health Insurance Companies

Network Hospital in Popular Cities

You May Also Be Interested in

Insurance Calculators

Become POSP Insurance Agent