Comprehensive Comparison
Bajaj Allianz General Insurance vs ICICI Lombard General Insurance: Which is Better in 2026?
Compare Bajaj Allianz General Insurance and ICICI Lombard General Insurance health insurance - claim settlement, network hospitals, premiums, and customer ratings to find the best insurer for you.
Bajaj Allianz vs ICICI Lombard: Head-to-Head Comparison
| Feature | Bajaj Allianz | ICICI Lombard |
|---|---|---|
| Claim Settlement Ratio | 97.8% ★ | 97.1% |
| Network Hospitals | 9,500+ ★ | 5,400+ |
| Customer Rating | 4.2/5 | 4.3/5 |
| Avg. Premium (Individual) | ₹7,000/yr ★ | ₹8,500/yr |
| Years in Business | 25 years Since 2001 | 25 years Since 2001 |
| Headquarters | Pune | Mumbai |
| Type | General | General |
| Best For | Family Floater
Individual
Group | Group
Individual
Family Floater |
Bajaj Allianz General Insurance
ICICI Lombard General Insurance
Our Verdict
Both excellent general insurers. ICICI for digital, Bajaj for pricing.
Choose Bajaj Allianz if:
[You want lower premiums You have Bajaj motor insurance Network size matters Budget is priority]
Choose ICICI Lombard if:
[You prefer digital experience You have ICICI bank account Your employer uses ICICI Digital claims matter]
Can't Decide? Get Expert Help
Our advisors can help you choose based on your specific needs
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Bajaj Allianz General Insurance vs ICICI Lombard General Insurance: Detailed Comparison
Claim Settlement
Bajaj Allianz has a claim settlement ratio of 97.8% while ICICI Lombard settles 97.1% of claims. Bajaj Allianz has a slight edge in this crucial metric.
Network Hospitals
Bajaj Allianz has 9,500+ hospitals while ICICI Lombard has 5,400+ hospitals. Bajaj Allianz offers a wider network for cashless claims.
Premium Comparison
For individual plans, Bajaj Allianz starts at ₹7,000/year while ICICI Lombard starts at ₹8,500/year. Bajaj Allianz is more affordable.
Best For
- Bajaj Allianz: Family floater, individual, group
- ICICI Lombard: Group, individual, family floater
Bajaj Allianz vs ICICI Lombard FAQs
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