Bajaj Allianz Corporate Travel Insurance

1. Under the Bajaj Allianz Travel policy, is there a limit on the number of days that one can avail of travel insurance cover in a year?

The insured traveler can enjoy corporate travel cover for a maximum of 180 days in a year. Any number of trips can be covered in the year of the policy. The maximum duration of each trip however is limited to 30, 45 or 60 days depending upon the plan opted for by the applicant.

2. What is the Bajaj Allianz’s Travel Companion Corporate Insurance Plan?

This is a comprehensive travel insurance plan that covers most of the risks associated with overseas travel, subject to the policy limits specified against each benefit. It covers corporate travelers within the age limit of 18 and 60. There are two variants of this plan:

• Travel Companion Corporate Lite that offers you medical coverage up to $250,000
• Travel Companion Corporate Plus that offers medical coverage up to $500,000.

3. What is the Bajaj Allianz’s Travel Elite Corporate Plan?

If one is a frequent flier, this is the perfect plan for you! This plan from the Bajaj Allianz Travel insurance stable is specially designed to cater to the needs of frequent travelers, by offering regular benefits as well as a few additional benefits such Accidental Death and Disability Cover (Common Carrier). There are two versions of this plan:

• Travel Elite Corporate Lite and
• Travel Elite Corporate Plus- These are exclusive plans for the corporate traveler, with varying Sum Insured and premiums.

4. What is the Claim Settlement process under the Corporate Travel Insurance of Bajaj Allianz?

There are two ways of registering the claim: Online and Offline

• For Online Claim Settlement, one needs to register your claim on the Bajaj Allianz website (https://www.bajajallianz.com/travel-insurance-online/travel-insurance-claim-process.html ) and upload the relevant documents pertaining to the category of claim.
• In case of Offline Claim Settlement, one can register the claim by dialing our toll free number 1800-209-5858

The claims settlement process is divided as :

• Cashless Claims Process : For a cashless claim, one can intimate the company’s Assistance and Claims support team by calling, emailing or faxing the policy details and requesting for cashless claims settlement. Once the hospital submits the required documents to Bajaj Allianz pertaining to the insured’s hospitalization claim, a guarantee of payment letter is sent to the hospital and the insured is covered upto the Sum Insured on the policy subject to the admissibility of the claim/treatment.
  1. Reimbursement Claims Process : For reimbursement claims, the insured needs to make the payment for the medical expenses to the hospital/doctor, collect the required medical documents and payment receipts and submit them to the Bajaj Allianz claims team. If all the claims documents are in order, the claim is approved and the NEFT payment is remitted to the Indian bank account of the customer.

5. What is a deductible under the Travel Insurance policy?

A deductible is the sum of money which the insured agrees to be paid towards you’re the claim under travel insurance. It can also be referred to as the contribution of the insured traveler towards the claim…It is normally is $100 per claim. With most travel insurance policies, the deductible is applied to Emergency Medical treatment costs. It may also extend to baggage or trip cancellation/ interruption coverage.

6. Does Bajaj Allianz offer any travel insurance for Senior Citizens?

Yes, Bajaj Allianz offers a plan called Corporate Age Plan, which is specifically meant to take care of the travel needs of senior citizens aged between 61 and 70 years. The plan however does not cover pre-existing illnesses. There are two variants of the plan to choose from, depending upon the insurance cover that one needs:

• Corporate Age Lite offering medical coverage up to $50,000
• Corporate Age Elite offering medical coverage up to $200,000

7. Does Travel Insurance Cover Coronavirus (COVID-19) Treatment costs?

Yes, several travel insurance companies have developed coronavirus-oriented travel insurance coverage plans for travelers abroad, further to the directive from IRDAI. The beneficiaries of these travel insurance policies stand to receive compensation for medical treatment (cashless or reimbursement), delays or cancellation charges, lost baggage etc which are Covid 19 related. Medical Expenses incurred during Quarantine period subject to the policy terms and conditions are also covered. However, accommodation and non-medical expenses arising during Quarantine period stand excluded under the policy.