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Last updated on: May 20, 2025
When comparing Bajaj Allianz Health Insurance and Care Health Insurance, both offer comprehensive plans, wide hospital networks, and strong claim settlement records, making them popular choices in India. Bajaj Allianz stands out for its flexible plans, extensive add-ons, and prompt digital claim services, while Care Health Insurance (formerly Religare) is known for high sum insured options, specialized features like no-claim bonuses, and global coverage in select plans. Pricing, waiting periods, and specific coverage details vary, so the best choice depends on your budget and unique healthcare needs. Reviewing policy comparisons, customer support, and network hospitals is essential before deciding between the two insurers
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Read BioChoosing the appropriate health insurance is a very important decision, particularly in the face of increasing healthcare expenses in India. In 2025, Bajaj Allianz Health Insurance and Care Health Insurance still lead the market with their innovative policies and customer-centric services. But what is the real comparison? This in-depth guide discusses insurers in all aspects including features, claim process, premiums, hospital networks and more so that you can make an informed decision.
Bajaj Allianz and Care Health Insurance are both IRDAI licensed and trusted brands with wide offerings. Whereas Bajaj Allianz is a joint venture between Bajaj Finserv Ltd. and Allianz SE, Care Health is an independent company that was launched in 2012 as a part of the Religare group. Both have a broad choice of individual, family floater, senior citizen and critical illness plans.
Their distinctions can be in plan structures, additional benefits, online services and customer support, which is of great importance to the current policyholders.
Bajaj Allianz Health Insurance is a flexible, family covering option, and strong digital claims system. Its Health Guard policy is very famous in the extensive coverage.
In 2025, the Bajaj Allianz Wellness Coach app will provide health monitoring, consultation and discounts on health check-ups. They are particularly recognized to provide lifetime renewability and multi-year premium discounts.
Experts Insight
Did you know? Bajaj Allianz took the shortest time to settle claims among top five private insurance companies, according to the IRDAI annual report 2023-24, with an average of 2.4 days per claim.
Pros:
Cons:
People also enquire
Does Bajaj Allianz Health Insurance have a network of hospitals?
Yes, they have a cashless network of more than 8,000 hospitals across the country.
Care Health Insurance, which was previously known as Religare, has emerged as a favorite among families and individuals who want to have a broad coverage at a low premium.
Their Care Freedom plan is attractive to diabetics and senior citizens, and there is no pre-policy medical checkup required on people above 50.
Digital Services:
Apps, Portals, Next Generation Functionality.
In 2024, Care Health Insurance launched AI-powered claim tracking, which lowered the turnaround time of claim settlement by 30 percent as reported by industry experts.
Pros:
Cons:
People also enquire
Does Care Health Insurance provide a lifelong renewability?
Most policies are renewable on a lifelong basis without any loading.
| Feature | Bajaj Allianz Health Insurance | Care Health Insurance |
|---|---|---|
| IRDAI Claim Settlement Ratio | 98% | 95.22% |
| Network Hospitals | 8,000+ | 10,000+ |
| Entry Age | 18-65 (Varies by plan) | No maximum age (many plans) |
| Pre-existing Disease Waiting Period | 2-4 years | 2-4 years |
| No Claim Bonus | Up to 50% increase | Up to 150% increase |
| Maternity Cover | Available in add-ons | Available in select plans |
| Free Annual Health Checkup | Yes (on select plans) | Yes (for all members) |
| Top-Up/Super Top-Up | Common | Few choices |
| Chronic Illness Cover | Available as add-ons | Specialist disease specific plans |
Case Study:
Sonal, a 35-year-old Pune resident, chose the flagship plan of Care Health Insurance because of the unlimited sum insured recharge feature. In 2024, when she was hospitalised again to undergo surgery, she discovered that her cover had been reinstated automatically without an increase in premium. This was very helpful and it also made her friends adopt such features.
Premiums vary with age, city, sum insured and medical history. Here’s an example (based on a 30-year-old single individual):
| Sum Insured | Bajaj Allianz (Annual Premium) | Care Health Insurance (Annual Premium) |
|---|---|---|
| 5 lakh | 7,900 | 7,200 |
| 10 lakh | 10,800 | 9,700 |
| 25 lakh | 16,200 | 15,000 |
Care Health Insurance tends to be less expensive at higher sums insured and when applying at younger ages. Conversely, Bajaj Allianz explains its comparatively higher premiums with value added tools, network coverage and customer service.
The two insurers focus on quick, paperless claims and 24x7 support.
Bajaj Allianz:
Care Health Insurance:
According to experts Insight Surveys, more than 90 percent of Bajaj Allianz and Care Health Insurance clients are now initiating claims online, which has slashed processing time by 45 percent in urban locations.
Bajaj Allianz:
Care Health Insurance:
People also inquire
Which insurance has more extras or add-on covers?
A: Bajaj Allianz offers a wider range of optional covers and more customisation, whereas Care Health has most benefits bundled in core plans.
Care Health Insurance has over 10,000 empanelled hospitals, a little ahead of Bajaj Allianz which has 8,000-plus. Both enable cashless treatments in metros and big cities. In case you are in small cities or remote locations, it is always advisable to cross-check the updated list of hospitals before making your final decision on the insurer.
Independent customer surveys in the last few years put both brands above 4.5 out of 5 in terms of service satisfaction, but there are differences.
Both have sophisticated apps to make claims, health tracking, policy servicing and doctor consultations. Bajaj Allianz Wellness Coach and Care Health digital assistant assist policyholders to monitor their fitness, get health tips, and consult medical professionals remotely.
Typical exclusions are:
It is important to read through each policy brochure as the exclusion lists vary with product updates each year.
Both Bajaj Allianz and Care Health have modified their plans to cover:
These wellness benefits and digital-enabled services are quickly becoming the norm, especially in plans that are bought after April 2023.
Both insurers provide fully digital purchases, renewals and endorsements. KYC, documentation and medical disclosures can also be uploaded through their mobile apps and minimize paperwork. Multi-year policies usually have discounted premiums.
To consider more variants, online marketplaces continue to be the quickest and most objective method to compare offers of various insurers in a single location, read actual user reviews, and purchase the right policy with the minimum effort.
The people also inquire
Does one always need a medical checkup before purchasing health insurance?
Not necessarily. Seniors and patients with chronic illnesses may be required to undergo some tests, but young and healthy persons do not need pre-policy screening.
Here is a short guide:
The most appropriate policy is eventually one that fits your health background, the coverage you need, the city you live in, and your budget.
Q1: Which health insurance will have better claim settlement in 2025, Bajaj Allianz or Care Health Insurance?
Bajaj Allianz also had a higher claim settlement ratio of 98 percent in 2023-24 as compared to Care Health with 95.22 percent.
Q2: Is it possible to port between Care and Bajaj Allianz or vice versa?
Yes, portability is permitted as per IRDAI guidelines on renewal but some terms and waiting periods may be applicable.
Q3: Do any health insurance plans have no waiting period?
Even the most comprehensive policies will have a waiting period, though some critical illness or top-up policies may have shorter ones.
Q4: Who is the family floater insurance suitable to?
A: Family floaters are suitable when there are young or dependent children in the household, and the premiums are lower and there is joint coverage.
Q5: What can I do to determine whether my hospital is in the network of the insurer?
Go to the official portal of the insurer or its app, enter your location, and search the list of empanelled hospitals.
Q6: Are diabetes and hypertension covered by Care Health Insurance?
Yes, their Care Freedom and some other plans cover diabetes, hypertension and related complications.
How could we improve this article?
Written by Prem Anand, a content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors.
Prem Anand is a seasoned content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors. He has a strong command of industry-specific language and compliance regulations. He specializes in writing insightful blog posts, detailed articles, and content that educates and engages the Indian audience.
The content is prepared by thoroughly researching multiple trustworthy sources such as official websites, financial portals, customer reviews, policy documents and IRDAI guidelines. The goal is to bring accurate and reader-friendly insights.
This content is created to help readers make informed decisions. It aims to simplify complex insurance and finance topics so that you can understand your options clearly and take the right steps with confidence. Every article is written keeping transparency, clarity, and trust in mind.
Based on Google's Helpful Content System, this article emphasizes user value, transparency, and accuracy. It incorporates principles of E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness).
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