🚀 Fincover® App is Now Live!
Join 10 Million+ users on web – now available on mobile!
Last updated on: May 20, 2025
When comparing Bajaj Allianz Health Insurance and Liberty General Health Insurance, both providers offer a range of comprehensive health plans with cashless treatment, pre- and post-hospitalization coverage, and additional benefits like no-claim bonuses. Bajaj Allianz is known for its extensive hospital network, faster claim settlement, diverse plan options, and robust customer service, making it a preferred choice for many. Liberty General also provides competitive health policies with unique features such as wellness benefits and flexible sum insured options, but its network is relatively smaller, and claim processing may be slower. Ultimately, Bajaj Allianz stands out for its reliability, seamless service, and higher customer satisfaction, while Liberty General is suitable for those seeking value-added features and budget-friendly premiums. It’s advisable to assess your healthcare needs and budget before selecting the best insurer
Author
Read Bio
Reviewed by
Read BioBajaj Allianz and Liberty General are popular health insurance companies in India. They both provide a wide range of health insurance plans that help to safeguard individuals and families against the rising medical expenses. As comprehensive health coverage gains prominence in 2025, a lot of buyers would like to compare Bajaj Allianz Health Insurance with that of Liberty General Health Insurance to get the best plan that suits their needs.
The Indian health insurance market is changing fast. Customers are demanding policies that do not only provide basic hospitalisation cover, but also cover daycare procedures, pre and post-hospitalisation expenses and special features like chronic disease management or digital health tools. This makes Bajaj Allianz vs Liberty General a common comparison among urban families, working professionals, and senior citizens.
A good plan in 2025 is the one that provides adequate coverage, affordable premiums, simple claim process, and accessibility to a wide network of hospitals. It must also be able to accommodate cashless services, fast settlement of claims, optional add-ons, and digital services to make it convenient to the customers. Both Bajaj Allianz and Liberty General fulfil most of these requirements, albeit in different ways.
You did not know?
By 2025, nearly 60 percent of Indian urban families will choose health plans that facilitate cashless claims and provide additional wellness benefits, pointing to a transition to more value-based healthcare decisions.
Bajaj Allianz, a joint venture between Bajaj Finserv and Allianz SE, is one of India’s leading private sector insurers with a consistently high claim settlement ratio and robust digital services.
Highlights
Example:
A 30-year old professional who chooses the Bajaj Allianz Health Guard plan with a sum insured of 10 lakh INR may pay premiums between 7,000 and 10,000 INR per year, with cashless OPD and wellness discount benefits.
Pros:
Cons:
Real-world Illustration
A family in Mumbai was able to undergo a cashless knee replacement within 30 minutes using the Health CDC feature of Bajaj Allianz at one of its network hospitals, and saved large out-of-pocket expenses.
Liberty General is another large private insurer that has become popular due to low premiums and simple policy provisions. In 2025, they are concentrating on ensuring that health insurance is affordable and convenient to all members of society.
Highlights
Example:
A 35-year old woman purchasing Liberty Health Connect Policy with a sum insured of 5 lakh INR may have to pay annual premiums between 5,000 and 8,000 INR, enjoying the benefits of a simple online claim process and no claim bonus benefits.
Pros:
Cons:
Expert Insight
Health advisers recommend Liberty General as a wise option of first-time buyers, families on a budget, and individuals who want simple, no-nonsense policies with maximum protection at the best prices.
Claim settlement ratio (CSR) is a crucial metric reflecting an insurer’s reliability in paying claims. In 2025, the two companies have the best performance in the industry but with slight variations.
| Insurer | Claim Settlement Ratio (2024 data)* | Average Claim Processing Time |
|---|---|---|
| Bajaj Allianz | 98.5 percent | 25 days |
| Freedom General | 97.8 percent | 27 days |
*Claim settlement data for FY 2023-24
Takeaway
Bajaj Allianz has slightly more claim settlement ratio and lower average processing time, which means it is more reliable and efficient, particularly when it comes to urgent treatment.
| Features | Bajaj Allianz | Liberty General |
|---|---|---|
| Flexibility of Plans | Very High | High |
| Max Network Hospitals | 8000 plus | 6000 plus |
| Pre-Hospitalization | 60 days | 30 days |
| Post-Hospitalization | 180 days | 60 days |
| Restore Benefit | Yes (in select plans) | Yes (in most plans) |
| Wellness & Rewards | Comprehensive | Restricted |
| Add-ons Available | Critical, Maternity, Accident | - |
| Premium Range (family, 5L) | ₹7,000 - ₹12,000 | ₹5,000 - ₹10,000 |
| CSR (FY24) | 98.5 percent | 97.8 percent |
| Health Checkups | Yes (annual) | Yes |
| Digital Tools | Advanced app and portal | App-based, basic portal |
Consumers ought to think of their health requirements, age category, the amount of sum insured they require, the network hospitals they want to cover, and the readiness to pay additional features.
Compare health insurance plans of these two companies and others on online marketplaces to get the best fit. Digital aggregators assist you in comparing premiums, features, exclusions, and network hospitals before you make a choice.
Is it possible to transfer my medical cover between Bajaj Allianz and Liberty General?
Yes, the IRDAI regulations permit policy portability across all approved insurers including these two, under timing and underwriting conditions.
What are the Value-Added Services at Bajaj Allianz and Liberty General Health Insurance?
You did not know?
Industry reports indicate that 35 percent of urban Indian policyholders are now placing more emphasis on health insurance plans with digital health engagement and value-added services.
The Agarwal family of Bengaluru had a need of a family floater policy with a minimum coverage of 10 lakh INR covering two adults and one child.
Mr Agarwal opted Bajaj Allianz due to the availability of value-added features and the wide network access even though the premium was higher as their daughter had a chronic health condition and needed to consult the OPD frequently.
Both insurers offered customisation, but a wider network and digital wellness features of Bajaj Allianz were a deciding factor here.
Healthy person under 40 years seeking 5 lakh INR sum insured:
In a couple aged 45-60 years:
The high-featured plans of Bajaj Allianz can be worth the slightly higher premium with its extra wellness, faster claims, and additional digital amenities.
How can I estimate premiums prior to purchase?
Visit official websites of insurers or online comparison markets to receive instant quotes of premiums based on your age, sum insured, and family size.
Which is the Company with broader Hospital Network in India?
Bajaj Allianz has a wider network of over 8000 hospitals. Liberty General has over 6000 partner hospitals. In metro and tier 1 cities, both are good, but in tier 2 and 3, Bajaj Allianz can have more options nearby.
Expert Insight
Based on a 2025 consumer survey, 72 percent of claimants said that broader network hospital coverage by Bajaj Allianz played a role in their renewal choices, particularly in smaller towns.
How is Customer Care and Digital Support in Both Insurers?
Bajaj Allianz scores high on the digital-first strategy, as it offers 24x7 support, the ability to request a claim via an app, and the ability to track a claim in real time. Liberty General has enhanced customer care channels with online and call centre services, and apps to make claims.
What is the Renewal Process and Policy Portability in 2025?
Renewal is completely online at both insurers with reminders being sent through SMS, email or app. Both Bajaj Allianz and Liberty General have a lifetime renewal and portability as per the IRDAI norms.
Did You Know?
In urban India, more than 80 percent of health policyholders renew online, with most of them preferring digital reminders and fast payment gateways.
Online marketplaces are a good place to compare both insurers on coverage, premiums, network, and features.
Q1: Which is superior between Bajaj Allianz and Liberty General to senior citizens?
Both have senior citizen plans, but Bajaj Allianz is better in terms of wide network and a variety of add-ons, whereas Liberty General might have cheaper premiums on basic hospitalisation plans.
Q2: Is it possible to purchase these plans online immediately?
Both insurers have instant online purchase. They can use their websites or aggregator platforms to compare health insurance plans across companies.
Q3: How long is the waiting period on pre-existing diseases?
Typically 3 to 4 years on both, with some plans being different—always read the policy document.
Q4: Is OPD and AYUSH covered by health insurance?
Bajaj Allianz includes OPD in special plans and AYUSH extensively. Liberty provides AYUSH and OPD primarily as add-ons.
Q5: Is it possible to raise my sum insured at renewal?
Yes, sum insured may be increased at renewal, depending on underwriting assessment, and higher premiums.
Q6: Is there cashless hospitalisation?
Both have cashless claim options. Ensure that the closest network hospitals are identified prior to admission.
Q7: How do I compare Bajaj Allianz and Liberty General health plans side by side?
The online insurance marketplaces enable the comparison of products, premium quotes, exclusions, and features of both companies at the same time.
Q8: What are the payment options to premium?
Both accept a wide range of payment options, such as UPI, NEFT, credit/debit cards, wallets, and net banking.
Q9: What is the average time taken to settle claims?
Both pay cashless claims quickly, with reimbursement usually taking 7 to 15 days, and cashless claims sometimes even sooner.
Q10: Do wellness benefits and rewards play a major role in 2025 plans?
Wellness and digital engagement plans are becoming popular, particularly in the Bajaj Allianz portfolio.
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).
Loved by 1M+ users. Start your financial journey today!
