Home arrow Health Insurance arrow Health Insurance plans arrow Bajaj Allianz Health Guard (Platinum)
Bajaj Allianz Health Guard (Platinum) logo

Bajaj Allianz Health Guard (Platinum)

Introduction to Bajaj Allianz Health Guard (Platinum)

Bajaj Allianz Health Guard (Platinum) Plan is a health insurance policy offered by Bajaj Allianz General Insurance Company Limited. A health insurance plan promises to pay for hospitalization-related expenses. It acts as a protective shield for savings and healthcare, so you and your family can live a happy, fulfilling life. With Bajaj Allianz’s Health Guard (Platinum) Plan, you can ensure that you and your loved ones have access to the medical care needed without worrying about the financial burden of unexpected medical expenses. This comprehensive insurance plan offers a range of features, benefits, and add-ons to meet your and your family’s unique medical needs.

Verdict: Bajaj Allianz Health Guard (Platinum)

This plan hits the sweet spot in terms of pricing, features, and benefits. Not only is it much cheaper compared to other products but it also provides comprehensive coverage. It covers a variety of expenses besides hospitalization and related expenses, such as the cost of consumable items, bariatric surgery, maternity expenses, and OPD expenses, which are day-to-day expenses for medicines, tests, consultations, etc. It, however, does not give you the option to pay your premiums on a monthly basis. Further, our research shows that the insurer has received fewer claim settlement and policy purchase complaints. This implies that you are very likely to have a pleasant experience with them.

Pros & Cons: Bajaj Allianz Health Guard (Platinum)

  • arrow Much cheaper than other products in the market
  • arrow No restrictions on the type of hospital room you choose
  • arrow Covers expenses associated with pregnancy
  • arrow Covers Bariatric surgery for weight loss
  • arrow Covers outpatient department costs, such as medications, tests, consultations, etc.
  • arrow Received fewer complaints during policy purchase compared to other insurers
  • arrow Received fewer complaints on claim settlement compared to other insurers
  • arrow Monthly premium payment mode not available
  • arrow Does not cover domiciliary treatment expenses
  • arrow Our study observed their responses on Twitter to be relatively slower than other insurers

Specific Exclusions: Bajaj Allianz Health Guard (Platinum)

01 Dental treatment except for treatment required due to an accident
02 Injury or disease due to war, invasion, act of foreign enemy, and warlike operations
03 Hearing aids, multifocal lens, spectacles, contact lenses, etc.
04 External equipments of any kind used for diagnosis or treatment
+ Show 4 more

About Bajaj Allianz General Insurance Company Limited

Bajaj Allianz General Insurance Company Limited logo

Bajaj Allianz General Insurance Company Limited is a joint venture between Allianz SE and Bajaj Finserv Limited. With a diverse range of products such as health insurance, motor insurance, pet dog insurance, personal accident insurance, marine insurance, etc., the company caters to individuals across the country's demographics as well as the corporate sector. It was founded in 2000 and is headquartered in Pune, Maharashtra. Mr. Tapan Singhel is the company's CEO and MD. 

Founded in
JV Partners
Allianz SE and Bajaj Finserv Limited
Turnover (GWP)
1992.4 Crores
Number of Policies
Number of Claims

Detailed Product Specs: Bajaj Allianz Health Guard (Platinum)

Claims Experience advisor
Customer Service advisor
Product Benefits(10L Sum Insured) advisor
Limits and Exclusions advisor
% of claims settled in less than 30 days
Reflects on the speed of settling valid claims
% of Complaints received on overall claims
% customers unhappy with claims experience
Claims Incurred Ratio
Claim Settlement Ratio (No. of claims)
What % of the claims received were paid?
No. of Cashless Hospitals

  1. The health insurance data was last updated in January 2023. All data has been sourced from product brochures, policy wordings, prospectus, public disclosures (FY 2021-2022), insurer websites, and the IRDAI website.
  2. Only plans that are currently available for purchase online have been considered.
  3. For now, we have considered the most comprehensive plans from leading insurance companies. We will keep updating the Decoder Pages with new plans in the coming days.
  4. The affordability of the plans is assessed using premiums for a family of two adults and one child. And, the premiums are as of 31st December 2022.
  5. The product benefits section is based on a sum insured of ₹10 Lakhs and only highlights the top benefits and features of the plans. We will keep updating the Decoder Pages with new benefits and features periodically.
  6. Only those hidden and special conditions that apply to the benefits and features we have considered are included in the Decoder Pages. 
  7. The Decoder Pages only include the most significant specific exclusions under each plan.
  8. The Decoder Pages do not include any generic terms, conditions, or exclusions (those that are the same and apply to all health insurance plans).
  9. The response time on Twitter (Beta) was calculated using a sample set of tweets from April, May, and June 2022 (analyzed in August, September, and October 2022). 
  10. The claims experience data has been sourced from insurance company websites and public disclosures as of March 31, 2022.
Legal Disclaimer

Your use of the website shall be governed by the Terms and Conditions and Privacy Policy of our website.

Discover the best tips for insurance every week!

Beshak is not regulated by the Insurance Regulatory and Development Authority of India (IRDAI) and does not have any alliance or association with any Insurance business.
© Copyright 2023 Beshak Solutions Pvt. Ltd. All Rights Reserved.

Disclaimer: The content on the website is purely for information purposes for the public at large, and does not constitute personal financial advice for a specific individual reader.
If you are reading this, it means you love reading the fine print. Why not get paid for what you love doing - Join us by writing to info@beshak.org now 🙂