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Last updated on: August 7, 2025
The Bajaj Allianz Health Guard Family Floater Gold Plan and the Care Plus Plan by Care Health Insurance are both popular choices for comprehensive family health coverage, but they differ in key aspects. The Bajaj Allianz plan offers sum insured options up to ₹1 crore, covers hospitalization, pre and post-hospitalization expenses, maternity, and modern treatments, with attractive no-claim bonuses. It also allows policyholders to include various add-ons for enhanced coverage. In contrast, the Care Plus Plan provides extensive coverage for hospitalization, annual health checkups, no upper age limit for enrollment, and unlimited automatic recharge of the sum insured, making it ideal for families seeking flexibility and higher sum insured restoration. Ultimately, the best plan depends on your family’s size, health needs, and budget, with Bajaj Allianz excelling in add-ons and optional benefits, while Care Plus stands out for unlimited recharge and no entry age limit.
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Finding the appropriate family health insurance is among the most crucial steps in the financial decision of any Indian family particularly with increasing healthcare costs. The Bajaj Allianz Health Guard Family Floater Gold Plan and the Care Plus Plan offered by Care Health Insurance will be the best choices in 2025. The two are both reputed to offer extensive benefits, expansive hospital networks, and family-related features. Nevertheless, the choice between the two frequently is determined by the subtleties of coverage, price, extras, and experience of claim.
This all inclusive guide provides a semantic comparison of Bajaj Allianz Health Guard Family Floater Gold Plan and Care Plus Plan with clear description, related illustrations, professional views and up to the point comparison. You will find out which health insurance best fits your family unique lifestyle and medical needs in India by the end.
The first step is to know each plan at a glance.
The Bajaj Allianz Health Guard Family Floater Gold Plan is an excellent health insurance policy that is mainly targeted at Indian joint or nuclear families where a family member can share the sum insured. It includes hospitalisation, pre and post hospital, daycare treatments, AYUSH, wellness benefits and others. The Gold version will offer increased cover and value services.
Care Plus Plan by Care Health Insurance (previously Religare) is customized to meet the needs of families that desire a wide cover and emphasize on flexibility, low co-pay, and generous no-claim bonus benefits. It is designed to meet the requirements of the urban and semi-urban families of India and is provided with a wide-range of coverage with customizable options.
Answer: In the case of families, a floater plan will provide common coverage and, in most cases, it will be cheaper than purchasing a number of personal policies. It is particularly very affordable to young and healthy families.
A comparison checklist will point to the greatest advantages of both schemes in a glance:
| Plan | Bajaj Allianz Health Guard Gold | Care Plus Plan. |
|---|---|---|
| Fixed Sum insured (2025) | 1.5 lakh -1 crore | 3lakh-6crore |
| Family Coverage | Self, spouse, children, parents | Self, spouse, kids, parents/ in-laws |
| Hospital Network | 8,000+ | 23,000+ |
| Pre/Post Hospitalisation | 60/90 days | 60/180 days |
| Daycare Procedures | 600+ | 541+ |
| Cashless Claims | Yes (pan India) | Yes (pan India) |
| Restoration Benefit | Up to 100% | Up to 100% |
| AYUSH Treatment | Up to sum insured | Up to sum insured |
| Annual Health Check-Up | Covered | Covered (each policy year) |
| No Claim Bonus | Up to 100% | Up to 150% |
| Maternity Cover | Optional add-on | Optional, waiting period. |
| OPD Benefits | Optional with add-on | Rider is possible. |
| Co-Payment | Nil or low (age/zone) | 10% or nil (greater premium) |
| Wellness Rewards | Available | Available. |
| Waiting Period (PED) | 3 years (standard) | 3 years (can be cut) |
| Cumulative Bonus | Yes, to 100% | Yes, to 150%. |
Did you know?
IRDAI statistics indicate more than 70 percent of online mediclaim policies obtained in the metros are floater plans covering 3 members or more in the family.
Pros:
Cons:
Pros:
Cons:
According to Dr. Neha S., insurance consultant, young Indian couples intending to have a family should pay attention to the waiting period and maternity options since most basic plan has a two to four years waiting time. Tailor riders at the point of purchase can help to save huge unplanned costs in the future.
| Perk | Bajaj Allianz Health Guard Gold | Care Plus Plan. |
|---|---|---|
| Maximum Sum Insured | -1 crore | -6 crore. |
| Minimum Age of entry | 18 years (adult), 3 months(child) | 5 years (child), 18 years (adult) |
| Maximum Age of entry | 65 years | Lifelong with no limit. |
| Family Members Entitled | Up to 6 | Up to 6 (and additional premium) |
| Wait Period on pre-existing Illness | 3 years | 3 years, may be shortened with add-on. |
| Room Rent Limit | None capped in higher SI | None capped in most versions. |
In December 2024, the Singh family of 4 (35-year-old parents, 8-year-old and 4-year-old children) compared both plans in a reputed online health insurance platform.
Bajaj Allianz Gold was cheaper up to 10 lakh coverage, zero co-pay and short claim processing time.
Care Plus Plan was attractive as it had an increased no-claim bonus and in particular, their super top-up add-on that increased their coverage two times.
After a review of reviews, extras and hospital network in their city, they ultimately settled on Care Plus Plan with a base of 10 lakh and top-up of 40 lakh.
Answer: Yes, both Bajaj Allianz Health Guard Gold and Care Plus Plan give the option to add dependent parents (typically to age 65 but Care Plus has no age limit to entry).
Even a very simple comparison of premiums in 2-adult + 2-child family on 10 lakh sum insured in Mumbai at age 36 is as follows:
| Company/Plan | Base Premium (annual) | Co-pay Features Included | Parents over 60. |
|---|---|---|---|
| Bajaj Allianz Gold | [?]18,700 | Health check-up, wellness | 20 percent. |
| Care Plus Plan | [?]20,400 | OPD, no-claim bonus | 10 per cent. |
Premiums are dependent on city, age, additionals and claims.
Maternity and similar add-ons can add up to 10-20 percent to the premium.
Bajaj Allianz provides bigger discounts on Internet purchases.
Did you know?
India in 2025 has seen more than 85 percent of health policy buying in the top 10 cities through online platforms that compare features and premium with an instant comparison of the insurance companies.
Claims procedure: They both provide mobile app-based and swift settlement of claims. Bajaj Allianz has an average of less than 4 days, Care Plus less than 5 days (2025 data) cashless claims.
Online policy management: Care Plus app has 24x7 doctor chat, both have self-service portals and e-cards and easy renewal options.
Customer service: Bajaj Allianz has a better rating in multilingual service lines. Care Plus is chosen due to their in app video consultations and telehealth.
Response: Before purchasing a policy, search on the site of the insurer or reliable health insurance market places to find cashless hospital tie-ups in your city.
Location: In case you are living in a metro that has numerous well-known hospitals, the network of Bajaj Allianz can be enough. In the case of smaller towns, the expanded reach of Care Plus Plan is more important.
Family Size/Age: The younger families can be interested in Bajaj Allianz as a value option; older members can enjoy the flexibility of the entry offered by Care Plus.
Add-ons: Care Plus Plan allows Maternity, OPD and chronic care add-ons to be more flexible.
Policy Portability: The two also receive port-in between other insurers, though the duration to reduce the waiting period varies.
Why to select Bajaj Allianz Health Guard Gold?
Management in escalation velocity.
Young families are favoured with good pricing.
Healthy lifestyle wellness and rewards.
Established brand and an Indian-market background.
Reasons to Select Care Plus Plan.
Maximum no claim bonus (150 percent maximum).
Additional wide hospital and pre-post hospitalisation cover.
Powerful remote doctor consult and claims.
Greater sum insured may be, up to 6 crore.
Poll of 1200 new health policy purchasers in Jan 2025 said: 42 percent selected by the size of the hospital network; 34 percent by the speed of their money back in cashless claims.
Both plans: Families, no cash, lots of sum insured, wellness rewards.
Bajaj Allianz: A little superior in basic cover and new families, quicker claims and more physical presence of offices.
Care Plus Plan: Excellent when there is a large sum assured, maximum no-claim bonus, and broadest network of hospitals.
Bajaj Allianz Health Guard Gold can be a better choice to younger Indian families that prioritize affordability and the convenience of making claims. Care Plus Plan should be more flexible and have broader coverage to serve the needs of families with different needs, older dependents, and smaller cities.
When can I use my health insurance after purchase?
Once you have purchased Bajaj Allianz or Care Plus, coverage of accidental claims is provided immediately, whereas other hospitalization has a waiting period of 30 days, except when it is an accident.
Do I have the option of including my in-laws in a floater?
Yes, most schemes such as Care Plus can now be included with in-laws as insured members, but a few age and underwriting criteria have to be considered.
What is individual and floater sum insured?
Individual means that individual members have their own sum insured; floater permits all the members to share the sum insured, which maximises the value to healthy families.
Where do I compare all big family floater policies and purchase the right one?
The trustworthy online insurance markets allow you to compare features, premiums, and network hospitals among all major health plans- so you receive unbiased recommendations based on the needs of your family.
Do these plans cover COVID-19 in 2025?
Yes, Bajaj Allianz Health Guard Gold and Care Plus Plan have a COVID-19 cover and pandemic exclusion in accordance with the IRDAI provisions in 2025.
How could we improve this article?
Written by Prem Anand, a content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors.
Prem Anand is a seasoned content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors. He has a strong command of industry-specific language and compliance regulations. He specializes in writing insightful blog posts, detailed articles, and content that educates and engages the Indian audience.
The content is prepared by thoroughly researching multiple trustworthy sources such as official websites, financial portals, customer reviews, policy documents and IRDAI guidelines. The goal is to bring accurate and reader-friendly insights.
This content is created to help readers make informed decisions. It aims to simplify complex insurance and finance topics so that you can understand your options clearly and take the right steps with confidence. Every article is written keeping transparency, clarity, and trust in mind.
Based on Google's Helpful Content System, this article emphasizes user value, transparency, and accuracy. It incorporates principles of E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness).
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