Bajaj Allianz General Insurance
Est. 2001Punegeneral insurer
CSR 2023-24
87.91%
Below average
Complaints FY 2022-23
12.10
per 10K policies
98.4% disposal rate
Source: IRDAI Annual Report 2022-23
Quick answerBajaj Allianz General Insurance settled 87.91% of general insurance claims in FY 2023-24 — below the industry average of ~90%. This page shows Bajaj Allianz General's CSR history, plans, pros and cons, complaints data, and how to file a claim.
Bajaj Allianz General Insurance is a joint venture between Bajaj Finserv and Allianz SE, Germany's largest insurance group. Founded in 2001, it is one of India's largest private sector general insurers with 4,000+ network garages and 8,500+ cashless hospitals. Its Health Guard plan is among the most popular comprehensive health plans in India for individuals and families.
Claim settlement ratio history
Strengths
- +Allianz SE backing — one of world's top 3 insurance groups
- +8,500+ cashless hospitals — strong network depth
- +4,000+ network garages — solid motor claim coverage
- +Health Guard: no room rent sub-limit option, no pre-policy check-up up to 45 years
- +Bajaj Finserv distribution — accessible across India via Bajaj Finance branches
Limitations
- -Health CSR below top standalone health insurers
- -Some Health Guard plans have co-pay for policyholders above 61
- -Premium loading post-claim can be significant
How to file a claim
Cashless pre-authorisation at network hospitals, typically within 2 hours. Motor claims via Caringly Yours app with spot survey for minor damages. Reimbursement health claims settled within 14 working days.
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