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Health Insurance

Health Insurance Premium Calculator

MyHealthCarePlan

Plans Start From ₹15/Day*

Transforming My Care, My Way

Coverage Highlights

Get comprehensive coverage for your health
  • Design Your Own Plan

Get the flexibility to personalise coverage for you and your family with our plan that’s truly modular

  • 2X OPD Coverage

Receive outpatient benefits equal to 2X premium amount paid for enhanced medical support

  • Wide Sum Insured (SI) Options

Choose adequate sum insured from 5 lacs to 5 crores that suits your need

  • Reinstatement Benefit & Recharge

Avail the option of unlimited reinstatement of sum insured even if you have exhausted it due to claims

  • Non-Medical Cover

Benefit from consumable coverage (up to SI limit) that covers the cost of items like gloves, syringes, and bandages used during treatment

  • International Cover

Get the option to add international cover applicable for only medical emergencies that you encounter overseas

  • Maternity & Baby Care

Ensure coverage for expenses incurred for maternity, surrogacy, complications of assisted reproductive technologies (ART), and care for your newborn

  • Preventive Check-Ups

Avail preventive health check-ups every year from the first year of your policy to stay ahead of health issues

  • Renewal Premium Waiver

Renewal premium of this plan will be waived off for 1 year in case of the proposer's demise

  • Direct Discount

Enjoy flat 5% discount if you make an online purchase from our website or application

  • Zone Discount

Avail discounts of 15% for Zone B and 25% for Zone C depending on where you live

  • Fitness & Wellness Discount

Avail up to 12.5% wellness discount for healthy habits on renewal and 5% fitness discount on buying a new policy if you are a marathon runner

  • Loyalty Discount

Access 5% discount if you have with us any Motor, Health, Home, Cyber and Pet policy with premium of Rs.2500 or higher

  • Other Discounts

Become eligible for early bird discount, long term policy discount, family discount, and employee discount

  • Note

*For Age group of 0-20 Premium Starts at INR 5426 Annually which is about INR 15 per day.

Inclusions

What’s covered?
  • Hospitalisation & Day Care Expenses

Coverage for the cost of in-patient hospitalisation (including room type choices), ICU charges (at actuals), and all day care procedures, surgeries, and other essential medical services

  • Pre- & Post-Hospitalisation Expenses

Pre-hospitalisation expenses (up to 60 days) and post-hospitalisation expenses (up to 90 days) with flexible customisation options to suit your needs are covered

  • Out-Patient Treatment (OPD) Expenses

Doctor consultations at their clinic or online, along with pathology, radiology and annual preventive health check-ups as per specified limits are covered

  • Domiciliary Hospitalisation Cost

Coverage for medical expenses incurred during at-home treatment as per the doctor’s advice in case there are no beds available at the hospital or the patient can’t be moved to the hospital

  • Advanced Treatment Charges

Any medical expenses incurred while undergoing advanced treatment methods and modern technological procedures are covered

  • Organ Donor Expenses

Medical expenses for an organ donor’s in-patient treatment during organ harvesting are covered, provided the insured is the recipient of the donated organ

  • AYUSH Hospitalization cost

Coverage for ayurvedic, yoga, unani, siddha and homeopathic (AYUSH) treatment on a doctor’s advice for treating illness or physical injury

  • Maternity & Newborn Care

Coverage for expenses incurred during treatment for maternity, surrogacy, complications of assisted reproductive technologies (ART) and newborn

  • Baby Care

Additional sum insured for covering hospitalisation expenses of a newborn is provided

  • External Medical Aid Expenses

Covers expenses incurred for items such as wheelchair, crutches, walker, and hearing aid required after an illness or injury

  • Sum Insured Reinstatement

Exhausted sum insured or SI will be reinstated so that you can avail the full coverage for your next claim in a policy year if needed

  • Recharge (For SI 5 Lacs Onwards)

If an unfortunate claim exhausts Sum Insured limit, the then additional amount of 20% Sum Insured (up to 25 INR lacs) will be available

  • Floater & Individual Sum Insured

Option to cover your family members under shared SI in case of a floater plan or separate SI in case of an individual plan

  • Many More Covers

Additional coverage options like cumulative bonus, airlift cover, family visit, renewal premium waiver, and consumables cover among others are available

  • Note

Please read policy wording for detailed terms and conditions

Exclusions

What’s not covered?
  • Initial Waiting Period

Treatment expenses during the first 30 days except for treatment of accidental injuries

  • Pre-Existing Diseases

Treatment expenses for pre-existing diseases such as diabetes, asthma, thyroid and other PED, are excluded until 12/24/36 months (as selected) from date of your first My Health Care Plan

  • Specific Illness Treatment

Treatment expenses for specified illnesses, including hernia, gout, endometriosis, and cataract are excluded are excluded until 12/24/36 months (as selected) from date of your first My Health Care Plan

  • Maternity Expenses

Coverage for maternity treatment for a pre-defined, continuous waiting period of 12/ 24/ 36 months

  • Expenses for Medical Investigation & Evaluation

Cost of diagnostic procedures and medical evaluation unrelated to the current diagnosis or treatment

  • Dietary Supplements & Substances

Cost of supplements that are purchased without a prescription by a certified doctor as a part of treatment, including vitamins, minerals and organic substances

  • Cosmetic Surgery Expenses

Treatment to change appearance unless it is for reconstruction required for a medically essential treatment or following an accident or burns

  • Treatment for Self-Inflicted Acts

Medical expenses incurred as a result of self-harm, intoxication, illegal actions, hazardous activities, etc.

  • Deductibles & Co-pays

Part of the claim will be borne by you (the policyholder) if you have opted for deductibles or co-pay

  • Note

Please read policy wording for detailed exclusions

Additional Covers

What else can you get?
  • Loss of Income Cover

Pre-determined weekly payout if the insured is hospitalised for at least 72 consecutive hours due to an illness (excluding infections) or accidental injury during the policy period

  • Major Illness & Accident Multiplier (Indemnity)

Increased sum insured (up to 3X specified limit) for hospitalisation for in-patient treatment due to a listed critical illness or accidental bodily injury

  • International Cover (Emergency Care Only)

Medical expenses incurred overseas in case of emergency care can be reimbursed (up to Hospitalisation SI) limit)

  • Respect Rider (Senior Care)

Senior citizens can avail emergency assistance with services such as SOS alert, doctor on call, and 24x7 ambulance service

  • Health Prime Rider

Coverage for in-person or online doctor consultation, dental wellness, emotional wellness, diet and nutrition consultations as per the chosen plan

What is a Health Insurance Premium Calculator?

A health insurance premium calculator is a convenient online tool offered by many insurance companies and insurance aggregator websites. It helps you estimate the approximate cost of your health insurance policy based on various factors. By entering details about yourself, your desired coverage, and your location, the calculator provides a starting point for comparing quotes and understanding how different factors influence the premium amount.

Benefits and Features of Health Insurance Calculator

Health insurance premium calculators offer several advantages:

  • Easy Comparisons:

    Get estimated premiums from multiple insurers quickly, allowing you to compare costs and coverage options before contacting agents.

  • Informed Decisions:

    Gain valuable insights to choose the right balance between coverage and affordability for your health insurance needs.

  • Saves Time:

    Avoid lengthy calls or agent visits to get quotes. Estimate your insurance costs from the comfort of your home.

  • Transparency:

    Promotes transparency in pricing by allowing you to see how different factors affect the premium upfront. Some calculators offer additional features like:

     

How to Use a Health Insurance Premium Calculator?

Using a health insurance premium calculator is very easy:

1. Start by choosing between an Individual or Family Health Insurance Policy.

2. Specify who you want to include in the policy: yourself, spouse, children, parents, etc.:

3. Select the age of each person you're covering.

4. Choose the amount of insurance coverage you need, ranging from 1 lakh to 50 lakhs.

5. Decide if you want coverage across India.

6. Provide your contact details: name, phone number, and email.

7. Receive your estimated premium instantly.

8. Term options range from 1 to 3 years for your policy.

Benefits You Deserve

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Design Your Own Plan

Customise your coverage–choose from a wide range of plans as per your needs

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Wellness Discount

Enjoy up to 12.5% discount on renewal by staying fit during policy year

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Reinstatement Benefits

Stay secured with unlimited reinstatement of sum insured in a policy year

At-A-Glance

Compare Insurance Plans Made for You

Cover Name
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MHCP Plan 1

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MHCP Plan 6

Hospital & Day Care SI INR 3 Lacs to 5 Cr. INR 3 Lacs to 1 Cr.
Room Limit Single Private for SI 3 to 10 Lacs | Actuals for SI above 10 Lacs (option to change) Single Private for SI 3 to 10 Lacs | Actuals for SI above 10 Lacs (option to change)
Pre- & Post-Hospitalisation Pre: 60 days & Post: 90 days (option to change) Pre: 30 days & Post: 60 days
Maternity Sublimits INR 50,000 for SI 5 to 10 Lacs | 75,000 for SI 15 to 20 Lacs | 1,00,000 for SI above 20 Lacs Not covered
Baby Care (SI) INR 1 Lac for SI up to 4 Lacs | 5 Lacs for SI 5 to 10 Lacs | 10 Lacs for SI 15 to 50 Lacs | 15 Lacs for SI above 50 Lacs Not covered
OPD Cover Tele-consultation, in-clinic doctor consultation, pathology, radiology, & preventive check-up Tele-consultation
Home Nursing (max 10 weeks) INR 5,000/week for SI up to 50 Lacs | 10,000/week for SI above 50 Lacs Not covered
Airlift Cover INR 10 Lacs for SI 50 Lacs to 1 Cr. | 20 Lacs for SI above 1 Cr. Not covered
Cumulative Bonus 25% p.a. max 100% for SI 3 to 4 Lacs | 50% p.a. max 100% for SI 5 lacs and above 10% p.a. max 100%
SI Reinstatement Once for SI 3 & 4 Lacs | Unlimited for SI 5 Lacs and above Once for SI 3 lacs | Unlimited for SI above 3 lacs
Family Visit INR 25,000 for SI up to 10 Lacs | 50,000 for SI above 10 Lacs INR 25,000 for SI up to 10 Lacs | 50,000 for SI above 10 Lacs
Suitable for Everyone across India Small Cities and Towns
More Covers See Policy Documents See Policy Document

Why use a health insurance premium calculator?

While your health is priceless and no one can put a number to it, preserving it and providing it the care it needs comes with a cost. With our Health Insurance Policy, we want to cover that cost, which is only rising due to medical inflation.

If you’re wondering how much the Health Insurance Policy would cost you – only a fraction of the actual medical cost in case of an illness or accident – you can get the answer instantly with the help of our online Health Insurance Calculator.

Our online Health Insurance Premium Calculator is a simple tool that’s easy to use and instantly calculates the premium amount based on the inputs given. Quick, efficient and reliable, it helps you calculate the policy premium for self (individual) and family members.

That’s a good question! The basic purpose behind the calculator is to make the first step of buying a Health Insurance Policy super quick and convenient for you.

Helps You Make an Informed Decision

Indulging in a quick cost-benefit analysis before you make a significant purchase is essential, we know, and our Health Insurance Calculator will help you do just that. You can get an instant estimate of premium on a Health Insurance Plan of your choice and see just how affordable our comprehensive health cover is.

When you have the numbers in place, you can make an informed decision and feel confident about it.

Quick and Hassle Free

The days of asking your neighbours and co-workers for advice before making an important financial decision are now long gone. Instead, you can simply log on to our website and use our Health Insurance Premium Calculator to get the information you need. It’s quick, accurate and hassle free.

No more being misguided by blogs on the internet or ‘friendly’ advice. Also, our Health Insurance Calculator takes the pressure off you to become a mathematician while trying to calculate premiums on your own.

Helps in Budgeting

We know personal budgets are just as important as the national budgets, because you too have your own goals to meet and challenges to deal with. Our Health Insurance Premium Calculator will give you the premium amount in an instant, so you can account for something as essential as a health cover for you and your family while preparing your budget.

 

What Information is Required for Policy Premium Calculation?

Just like your health has several components like physical, mental and emotional, there are several factors that determine the Health Insurance Premium as well. Some of the important ones are as follows:

  • Age

    Being an early bird while buying a Health Insurance Policy, sure has its benefits. When you buy Health Insurance Plans at a young age, you are fitter and healthier. There are fewer chances of pre-existing diseases, which lowers the premium amount.

    Buying a Health Insurance Plan when young not only commands a lower premium but also makes you eligible for a high sum insured and favourable terms and conditions. 

     

  • Medical History

    A flawless medical history tilts the balance in your favour heavily while buying a Health Insurance Policy. A clean track record not only lowers the premium amount, but also expedites the entire process.

    On the other hand, if you have a medical history of suffering from ailments, critical and otherwise, then the premium amount is likely to shoot up.

     

  • Lifestyle Habits

    Do you prefer staying away from smoking and drinking? If yes, here’s good news for you. Premiums paid by a smoker is higher than a non-smoker.

    It is because Health Insurance Plans cover more risk for policyholders with these habits as they are more vulnerable to falling sick. 

     

  • Sum insured

    Sum insured is the amount of cover offered by a Health Insurance plan. In other words, medical expenses beyond this amount have to be borne by you. Premiums are directly proportional to the sum insured. It means higher the sum insured, higher is the premium amount. 

     

  • Type of cove

    You can either take a standalone Health Insurance Policy for yourself or a policy covering family members. In case of an individual policy, the premium amount depends on your age, profession, income, lifestyle habits, and medical history among others.

    On the other hand, for a Family Floater Health Insurance that covers all the members of the family, the premium depends upon the age of the eldest member covered.

Download Policy Documents

Get instant access to policy details with a single click

How To Reduce Health Insurance Premium?

Here are some tips to potentially lower your health insurance premium:

  • Maintain a Healthy Lifestyle:

    Healthy habits like exercising regularly and avoiding tobacco use can lead to lower premiums for some insurers.

  • Choose a Higher Deductible:

    Opting for a higher deductible lowers your premium but means you'll pay more upfront in case of a claim.

  • Increase Your Sum Insured (if budget allows):

    While a higher sum insured increases the premium, it offers better financial protection in case of major medical expenses.

  • Avail Discounts:

    Many insurers offer discounts for young adults, healthy individuals, or those opting for cashless hospitalisation networks.

Expand Your Coverage Today!

Respect Rider (Senior Citizen)

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Emergency assistance for senior citizens

Designed for senior citizens

Starting from

INR 907 + GST

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Health Prime Rider (OPD)

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Tele, In-Clinic Doctor Consultation and Investigation

Dental, Nutrition and Emotional Wellness

Starting from

INR 298 + GST

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Loss of Income Cover

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Guaranteed pay-out for hospitalisation

Guard against accidental injury or illness

Starting from

INR 148 + GST

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Major Illness/Accident Multiplier

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Indemnity cover

Doubles the sum insured benefit

Starting from

INR 171 + GST

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International Cover—Emergency Care Only

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Reimbursement for medical expenses

Emergency care assistance outside India

Starting from

INR 2215 + GST

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Health Companion

HealthAssessment

Track, Manage & Thrive with Your All-In-One Health Companion

From fitness goals to medical records, manage your entire health journey in one place–track vitals, schedule appointments, and get personalised insights

HealthManager

Take Charge of Your Health & Earn Rewards–Start Today!

Be proactive about your health–set goals, track progress, and get discounts!

Healthassetment

Your Personalised Health Journey Starts Here

Discover a health plan tailored just for you–get insights and achieve your wellness goals

Healthmanager

Your Endurance, Seamlessly Connected

Experience integrated health management with us by connecting all aspects of your health in one place

Information required for the premium calculation

Barely any! We just need some basic information to know what you’re looking for, so we can help with the same.

●   You’ll first have to let us know whether you’re looking for an Individual or Family Health Insurance Policy

●   Then, tell us about the people you want to cover - self, spouse, children, parents, grandchildren, aunt, in-laws, etc.

●   Thereafter, select the age

●   You’ll need to select the sum insured. We offer plenty of options ranging from from 1 lakh to 50 lakhs so you can pick what best suits your needs

●   Let us know if you want a Pan-India cover

●   Finally, fill in your contact information like name, phone number and email ID 

And voila! You will have your estimated premium right in front of you with term options ranging from 1 year to 3 years.

Step-by-Step Guide

To help you navigate your insurance journey

How to Buy

  • 0

    Visit Bajaj Allianz website

  • 1

    Enter personal details

  • 2

    Compare health insurance plans

  • 3

    Select suitable coverage

  • 4

    Check discounts & offers

  • 5

    Add optional benefits

  • 6

    Proceed to secure payment

  • 7

    Receive instant policy confirmation

How to Renew

  • 0

    Login to the app

  • 1

    Enter your current policy details

  • 2

    Review and update coverage if required

  • 3

    Check for renewal offers

  • 4

    Add or remove riders

  • 5

    Confirm details and proceed

  • 6

    Complete renewal payment online

  • 7

    Receive instant confirmation for your policy renewal

How to Claim

  • 0

    Notify Bajaj Allianz about the claim using app

  • 1

    Submit all the required documents

  • 2

    Choose cashless or reimbursement mode for your claim

  • 3

    Avail treatment and share required bills

  • 4

    Receive claim settlement after approval

How to Port

  • 0

    Check eligibility for porting

  • 1

    Compare new policy benefits

  • 2

    Apply before your current policy expires

  • 3

    Provide details of your existing policy

  • 4

    Undergo risk assessment by Bajaj Allianz

  • 5

    Receive approval from Bajaj Allianz

  • 6

    Pay the premium for your new policy

  • 7

    Receive policy documents & coverage details

Insurance Samjho

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Critical Illness Insurance

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Health Claim by Direct Click

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Personal Accident policy

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Global Personal Guard Policy

Claim Motor On The Spot

Two-Wheeler Long Term Policy

24x7 Roadside/Spot assistance

Caringly Yours (Motor Insurance)

Travel Insurance Claim

Cashless Claim

24x7 Missed Facility

Filing a Travel Insurance Claim

My Home–All Risk Policy

Home Insurance Claim process

Home Insurance Simplified

Home Insurance Cover

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FAQ's

How does a health insurance premium calculator work?

Health insurance premium calculators estimate the risk profile of an individual based on the information entered. Factors like age, location, desired coverage, and medical history (if provided) are considered to calculate a potential cost for health insurance.

What factors determine the premium calculated by a health insurance calculator?

The factors influencing health insurance premiums include age, location, desired coverage type (individual or family), extent of coverage (inpatient or outpatient), chosen sum insured, optional add-on covers, and medical history such as pre-existing conditions.

Is using a health insurance premium calculator accurate for estimating my insurance costs?

The online health insurance calculator provides a reasonable estimate, but it's not a guaranteed quote. Several factors can influence the final premium offered by an insurer, including their underwriting process and current promotions. However, it's a valuable tool for comparing costs across different coverage options.

Can I use a health insurance premium calculator to compare different insurance plans?

Yes, many calculators allow you to compare quotes from multiple insurers side-by-side. It enables you to compare estimated premiums, coverage details, and features offered by different plans.

Are there any additional fees or charges associated with using a health insurance premium calculator?

No, using a health insurance premium calculator is a free online service offered by Bajaj Allianz General Insurance Company and aggregator websites.

Why is medical insurance necessary for your health?

Medical insurance provides financial protection against unexpected medical expenses, ensuring access to quality healthcare without depleting your savings.

How many dependent members can I add to my family health insurance pla

You can add your spouse, children, parents, and other dependents as per the policy terms, ensuring comprehensive family coverage.

Why should you compare health insurance plans online?

Online comparison helps you find the best plan that suits your needs and budget, offering a clear understanding of coverage and benefits.

Why should you never delay the health insurance premium?

Delaying premiums can result in policy lapse, losing coverage benefits and financial protection, and may lead to difficulties in renewing the policy.

How to get a physical copy of your Bajaj Allianz General Insurance Com

Request a physical copy from the insurer or take a printout of the digital policy document received via email.

Is there a time limit to claim health cover plans?

Claims should be made within the stipulated time as per the policy terms to avoid rejection and ensure timely processing.

What exactly are pre-existing conditions in an Individual Health Insur

Pre-existing conditions are medical conditions you had before buying your Individual Health Insurance plan. Coverage for these might require waiting periods or exclusions. Be transparent about your health history.

How is the insurer going to pay my hospital bills?

Insurers cover hospital bills through reimbursement (you pay upfront and get reimbursed later) or cashless hospitalisation (insurer settles bills directly with network hospitals).

Are there any tax advantages to purchasing Individual Health Insurance

Individual Health Insurance premiums often qualify for tax deductions under Section 80D of the Income Tax Act (India).

Why should I need Personal Medical Insurance?

Personal medical insurance offers financial protection against unexpected medical expenses due to illness, accidents, or hospitalisation. It provides peace of mind and safeguards your savings.

How do I go about renewing health insurance plans?

Don’t stress the small things in life! The easiest and quickest way to renew your life insurance policy is by doing it online. Topping up your health cover gives you freedom from worrying about heavy medical expenses.

How is the health insurance renewal premium calculated?

We know that reading through the ponderous terms and conditions section of a health insurance policy isn’t always easy. So, here is the quick answer. Your renewal premium is calculated based on your age and coverage. As always, you can put the power of compounding to good use by investing in health insurance as early as possible.

Can I renew my expired health insurance policy?

Yes, of course. Life can get really busy and even things as important as renewing your health insurance plan can get side-lined. With Bajaj Allianz, we turn back the clock to give a grace period where you can renew your expired policy. For 30 days from the expiry date, you can still renew your health cover with ease. Now, you can run the race at yo

Can I renew health insurance online?

Absolutely! All you have to do to renew your health insurance is click or tap a few times! You can definitely renew health insurance policies online and also buy new policy for your family & friends click here to know more.

Will I be able to transfer my health insurance policy from another pro

Yes, as per IRDAI regulations, insurance portability between providers is allowed. This also includes transfer of benefits like Cumulative Bonus and credits relating to waiting period for pre-existing diseases.

What Our Customers Say

Cashless Claims

Excellent service for your mediclaim cashless customers during COVID. You guys are true COVID warriors, helping patients by settling claims during these challenging times

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Arun Sekhsaria

Mumbai

4.5

28th May 2021

Instant Renewal

I am truly delighted by the cooperation you have extended in facilitating the renewal of my Health Care Supreme Policy. Thank you very much.    

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Vikram Anil Kumar

Mumbai

4.5

26th Jul 2020

Quick Claim Settlement

Good claim settlement service, even during the lockdown, has enabled me to sell the Bajaj Allianz Health Policy to more customers.

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Prithbi Singh Miyan

Pune

4.5

26th Jul 2020

Instant Policy Issuance

Very user-friendly. I got my policy in less than 10 minutes.

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Jaykumar Rao

Bhopal

4.7

24th May 2019