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Cholamandalam vs Bajaj Allianz Travel insurance

Cholamandalam vs Bajaj Allianz Travel insurance

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Cholamandalam vs Bajaj Allianz Travel insurance

Cholamandalam logo Cholamandalam logo bajaj-allianz bajaj-allianz bajaj-allianz bajaj-allianz
Silver

 Buy - Rs. *
Gold

 Buy - Rs. *
Travel Care

 Buy for Rs.*
Travel Elite Silver
 Buy for Rs.*
Travel Prime Silver
 Buy for Rs.*
Travel Assist Classic
 Buy for Rs.*
*GST included
Accident & Sickness Medical Expenses: ?
$50,000

Deductible: $100

$100,000

Deductible: $100

$50,000

Deductible: $100

$50,000

Deductible: $100

$50,000

Deductible: $100

$50,000

Deductible: $100

Medical Evacuation: ?
Up to $50,000

Deductible: $100

Up to $100,000

Deductible: $100

Included under Medical Expenses Included under Medical Expenses Included under Medical Expenses Included under Medical Expenses
Repatriation of Remains: ?
$7,500 $7,500 Included under Medical Expenses Included under Medical Expenses $5,000 (Included under Medical Expenses) Included under Medical Expenses
Pre-existing Cover
Not covered Not covered Not covered Not covered Not covered $300
Accidental Death & Dismemberment: ?
- - $10,000 $15,000 $15,000 $25,000
AD & D Common Carrier
- - NA $2,500 $2,500 NA
Dental Treatment: ?
Up to $250

Deductible: $50

Up to $250

Deductible: $50

$500

Deductible: $100

$500

Deductible: $100

$500

Deductible: $100

$500

Deductible: $100

Personal Liability: ?
Up to $100,000 Up to $100,000 $100,000

Deductible: $100

$100,000

Deductible: $100

$100,000

Deductible: $100

$100,000

Deductible: $200

Loss of Checked Baggage: ?
Up to $500 Up to $500 $250

Deductible: $Nil

$500

Deductible: $Nil

$500

Deductible: $Nil

$250

Deductible: $Nil

Baggage Delay: ?
Up to $100

Deductible: 12 hours

Up to $100

Deductible: 12 hours

$100

Deductible: 12 hours

$100

Deductible: 12 hours

$100

Deductible: 12 hours

$100

Deductible: 12 hours

Loss of PassPort: ?
$150

Deductible: $30

$250

Deductible: $30

$250

Deductible: $15

$250

Deductible: $25

$250

Deductible: $25

$250

Deductible: $25

Hijack Distress Allowance
$100 per day up to Max. $700

Deductible: 12 hours

$100 per day up to Max. $700

Deductible: 12 hours

$50 per day to max $300 $50 per day to max $300 $50 per day to max $300 $50 per day to max $300
Daily allowance in case of hospitalization
- $25 per day up to Max. $350 NA $20 per day to max $100 $25 per day to max $100 NA
Flight Delay
NA $10 per 12 hrs up to Max. $150

Deductible: 12 hours

NA $20 per 12 hrs, maximum $120

Deductible: 12 hours

$25 per 12 hrs, maximum $120

Deductible: 12 hours

NA
Trip Cancellation
NA Up to $500

Deductible: $50

NA $500 $500 NA
Emergency Cash Advance: ?
- Up to $250 NA $500 $500 $500
Home Burglary Insurance: ?
NA Up to Rs.2,00,000 NA Rs1,00,000 Rs1,00,000 NA
Important Points
  • Cholamandalam offers benefits per policy period.
  • Sublimits for Cholamandalam starts from the age of 71 yrs.
  • Plan Duration for travelers below 60 years is up to 360 days
  • Cholamandalam can be renewed up to 180 days, Sum total of initial and each subsequent renewal not exceeding 360 days
  • Door to Door cover”.i.e. the insured is covered from residence to international airport & international airport to residence.
  • Adventure sports covered (e.g. hot air ballooning/ bungee jumping / parasailing / paragliding.)
  • Cashless outpatient bill settlement more than $400 if intimated before
  • Bajaj Allianz plans are available for travelers till the age of 98 years.
  • Wide range of plan options to suit travelers requirements and budget.
  • The Assist Card plan covers for pre-existing medical conditions for a limited amount depending on the plan choosen.
  • Initially plan can be purchased for 180 days and can be renewed for another 180 days. Renewal is on case to case basis.
  • Medical Sublimits for Bajaj Allianz travel starts from the age of 61 years.
  • Senior citizens (71-99 years) can get $50,000 coverage for 180 days without medical checkup.

What are the Key features of Bajaj Allianz and Cholamandalam’s travel insurance?

Key features of Bajaj Allianz’s Travel Insurance

  • One of the leading Travel Insurance players in India, known for proactive customer service and claims settlements. JV between Bajaj Group and Allianz Insurance Group of Germany, who are likely to exit the JV anytime soon.
  • Widest Range of Innovating and Comprehensive Travel Insurance plans to suit travellers requirements and budget.
  • Travellers aged between 6 months and 70 years can purchase a Regular Bajaj Travel Insurance plan and Senior Citizens can buy the Senior Companion Plan from 71 till the insured reaches the age of 99 years.
  • Bajaj Allianz allows travel insurance plan to be purchased for a cumulative maximum of 360 days, subject to underwriting approval and on a case to case basis.
  • Medical Sublimits for Sickness Treatment under Bajaj Allianz travel insurance plans starts from the age of 61 years. There are no sub limits for Accident related Hospitalisation.
  • Pre-existing Medical Conditions covered up to $3,000 only incase of Life Threatening situations. They however offer an Add On where the traveler can purchase Comprehensive Pre Existing Coverage upto the Sum Insured by paying additional premium.
  • No Pre Travel Medical Check up and Entry Age Restriction for Bajaj Travel insurance plans.
  • Only Insurance company to offer In House Claims and Assistance Services which ensures timely and efficient claims management, with Toll Free Assistance numbers across the world.

Key features of Cholamandalam’s Travel Insurance

  • Chola MS General Insurance Company Limited is a Joint Venture between the Murugappa Group from Chennai and Mitsui Sumitomo Insurance Company Limited, Japan, a leading Insurance player in Japan.
  • The company offers customised plans for Individuals between 6 months and 70 years, Senior Citizens between the ages of 71 and 80 years and a specific plan for Students between the age of 16 and 35 years going abroad to study.
  • They also offer a specific travel to Asian destinations which covers Australia & New Zealand but excludes Japan from coverage.
  • The Travel insurance plans provide coverage for a cumulative duration of 360 days upto the age of 60 years and for a maximum 180 days for travelers above 70 years.
  • The Annual Multi Trip plan has options to choose from 30 / 45 / 60 / 90 days for each trip, which is best in class in the market.
  • Premium rates are calculated on a per day daily basis – hence the insured ends up paying for the exact number of days of travel.
  • Personal Accident coverage in India is available – covers the insured during their journey to and from the International Airport to their residence.
  • Complete Global Protection with 24 /7 Assistance through their TPA partner Europ Assist ensuring Prompt claims settlement process including Cashless treatment for Inpatients.

How much does a Cholamandalam vs Bajaj Allianz Overseas travel medical cost per month (30 days)?

The Cholamandalam vs Bajaj Allianz Overseas travel medical insurance cost per month (30 days) starts at just ₹1,207 for coverage Worldwide Including USA & Canada. Cholamandalam vs Bajaj Allianz Overseas travel medical insurance cost varies with the travellers age, destination of travel and duration of travel. Here is a cost table which gives you the cost of Cholamandalam vs Bajaj Allianz Overseas travel medical plan variants.


Plan Name (Sum Insured) Insurer 0-40 years 41-45 years 45-50 years 51-55 years 56-60 years 61-70 years
Comprehensive Travel Plus ($50,000) Without Sublimits Cholamandalam ₹1,207 ₹2,457 ₹5,255
Travel Ace Standard ($50,000) With Sublimits Bajaj Allianz ₹2,994 ₹4,704 ₹6,336
Travel Ace Standard ($50,000) Without Sublimits Bajaj Allianz - ₹8,817 ₹12,077
Travel Prime Silver ($50,000) With Sublimits Bajaj Allianz ₹2,057 ₹2,501 -
Comprehensive Travel Plus ($100,000) Without Sublimits Cholamandalam ₹1,444 ₹3,050 ₹6,647
Travel Ace Silver ($100,000) With Sublimits Bajaj Allianz ₹3,495 ₹5,426 ₹7,305
Travel Ace Silver ($100,000) Without Sublimits Bajaj Allianz - ₹10,097 ₹13,791
Comprehensive Travel Plus ($250,000) Without Sublimits Cholamandalam ₹1,798 ₹3,940 ₹8,736
Travel Ace Gold ($200,000) With Sublimits Bajaj Allianz ₹4,099 ₹6,296 ₹8,435
Travel Ace Gold ($200,000) Without Sublimits Bajaj Allianz - ₹11,588 ₹15,779
Travel Prime Gold ($200,000) With Sublimits Bajaj Allianz ₹2,296 ₹3,208 -
Comprehensive Travel Plus ($350,000) Without Sublimits Cholamandalam ₹2,036 ₹4,534 ₹10,129
Comprehensive Travel Plus ($500,000) Without Sublimits Cholamandalam ₹2,192 ₹4,930 ₹11,057
Travel Ace Platinum ($500,000) With Sublimits Bajaj Allianz ₹9,020 ₹13,909 ₹18,506
Travel Ace Platinum ($500,000) Without Sublimits Bajaj Allianz - ₹20,126 ₹27,138
Travel Prime Platinum ($500,000) With Sublimits Bajaj Allianz ₹2,659 ₹4,053 -
Plan Name (Sum Insred) Insurer 71-75 years 76-80 years 81-85 years 86-90 years
Comprehensive Travel Plus ($50,000) With Sublimits Cholamandalam ₹11,111 -
Travel Ace Super Age ($50,000) Without Sublimits Bajaj Allianz ₹21,039
Plan Name (Sum Insred) Insurer 71-85 years
Comprehensive Travel Plus ($100,000) With Sublimits Cholamandalam ₹14,178
Comprehensive Travel Plus ($250,000) With Sublimits Cholamandalam ₹18,776
Comprehensive Travel Plus ($350,000) With Sublimits Cholamandalam ₹21,843
Comprehensive Travel Plus ($500,000) With Sublimits Cholamandalam ₹23,887

Which Is Cheaper for 30-Day Travel Insurance: Cholamandalam or Bajaj Allianz?

The Cholamandalam vs Bajaj Allianz Overseas travel medical insurance cost per month (30 days) starts at just ₹932 for coverage Excluding USA /Canada . Cholamandalam vs Bajaj Allianz Overseas travel medical insurance cost varies with the travellers age, destination of travel and duration of travel. Here is a cost table which gives you the cost of Cholamandalam vs Bajaj Allianz Overseas travel medical plan variants.


Plan Name (Sum Insured) Insurer 0-40 years 41-45 years 45-50 years 51-55 years 56-60 years 61-70 years
Comprehensive Travel Plus ($50,000) Without Sublimits Cholamandalam ₹932 ₹1,764 ₹3,630
Travel Ace Standard ($50,000) With Sublimits Bajaj Allianz ₹1,379 ₹2,380 ₹3,487
Travel Ace Standard ($50,000) Without Sublimits Bajaj Allianz - ₹2,747 ₹4,067
Travel Prime Silver ($50,000) With Sublimits Bajaj Allianz ₹1,444 ₹1,669 -
Comprehensive Travel Plus ($100,000) Without Sublimits Cholamandalam ₹1,089 ₹2,161 ₹4,558
Travel Ace Silver ($100,000) With Sublimits Bajaj Allianz ₹1,637 ₹2,752 ₹3,988
Travel Ace Silver ($100,000) Without Sublimits Bajaj Allianz - ₹3,164 ₹4,639
Comprehensive Travel Plus ($250,000) Without Sublimits Cholamandalam ₹1,326 ₹2,754 ₹5,951
Travel Ace Gold ($200,000) With Sublimits Bajaj Allianz ₹1,984 ₹3,246 ₹4,646
Travel Ace Gold ($200,000) Without Sublimits Bajaj Allianz - ₹3,710 ₹5,425
Travel Prime Gold ($200,000) With Sublimits Bajaj Allianz ₹1,625 ₹1,859 -
Comprehensive Travel Plus ($350,000) Without Sublimits Cholamandalam ₹1,483 ₹31,49 ₹6,879
Comprehensive Travel Plus ($500,000) Without Sublimits Cholamandalam ₹1,588 ₹3,413 ₹7,498
Travel Ace Platinum ($500,000) With Sublimits Bajaj Allianz ₹5,636 ₹8,103 ₹10,894
Travel Ace Platinum ($500,000) Without Sublimits Bajaj Allianz - ₹8,646 ₹11,750
Travel Prime Platinum ($500,000) With Sublimits Bajaj Allianz ₹19,35 ₹3,016 -
Plan Name (Sum Insred) Insurer 71-75 years 76-80 years 81-85 years 86-90 years
Comprehensive Travel Plus ($50,000) With Sublimits Cholamandalam ₹7,534 -
Travel Ace Super Age ($50,000) With Sublimits Bajaj Allianz ₹5,312
Travel Ace Super Age ($50,000) Without Sublimits Bajaj Allianz ₹6,201
Plan Name (Sum Insred) Insurer 71-85 years
Comprehensive Travel Plus ($100,000) With Sublimits Cholamandalam ₹9,578
Comprehensive Travel Plus ($250,000) With Sublimits Cholamandalam ₹12,645
Comprehensive Travel Plus ($350,000) With Sublimits Cholamandalam ₹14,689
Comprehensive Travel Plus ($500,000) With Sublimits Cholamandalam ₹16,062

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