PB Fintech Share in Focus: Policybazaar Offers 100% Claim Promise on Planned Hospitalisations

PB Fintech share drew investor attention as Policybazaar, its insurance arm, launched a 100% claim promise on planned hospitalisations for specific health insurance policies. This benefit is available on select plans offered by Bajaj Allianz, Niva Bupa, and Aditya Birla Health Insurance (ABHI), provided certain pre-admission procedures and policy conditions are fulfilled.

What is the 100% Claim Promise?

The 100% claim promise initiative by Policybazaar ensures full coverage of eligible hospital bills during planned hospitalisations. However, this does not apply to emergency admissions. Policyholders must follow pre-defined steps before hospitalisation to qualify. According to Policybazaar, this benefit is aimed at removing deductions and enhancing the cashless claim experience for customers.

Siddharth Singhal, Head of Health Insurance at Policybazaar, told CNBC TV18, “The 100% Claim Promise ensures that, with simple pre-admission steps, your bills are fully covered.”

Plan-Wise Conditions For Eligibility

Bajaj Allianz:

• Applicable to both new and ported policies with any sum insured.

• Requires the addition of a consumables rider.

• Policyholders must inform the TPA 48 hours before hospitalisation and choose from a network of 10,000+ hospitals.

Aditya Birla Health Insurance (ABHI):

• Applicable only to new policies with a sum insured of ₹10 lakh or more.

• Customers need to provide prior intimation, after which the insurer assigns a doctor panel.

• Hospital selection must be from the ABHI network.

Niva Bupa:

• Available for both new and ported policies with a minimum ₹10 lakh cover.

• Requires a 48-hour pre-intimation to the claim team.

• Customers must choose hospitals recommended by claim advisors from a 2,100+ hospital network.

• No discharge documentation is needed.

What Is Not Covered Under the Promise?

Despite the comprehensive promise, claims will not be honoured in cases involving non-disclosure, waiting periods, or specific policy exclusions. Emergency hospitalisations continue under regular policy terms. Policybazaar also highlighted that streamlined documentation and direct coordination with hospitals will help improve claim turnaround times.

PB Fintech Share Price Performance

On April 21, 2025, PB Fintech share price opened at ₹1,686.00, up from its previous close of ₹1,653.00. By 1:01 PM, the stock was trading at ₹1,703.90 on the NSE, marking a 3.07% intraday gain.

Despite the strong recent momentum, the share price remains below its 52-week high of ₹2,246.90, recorded on January 3, 2025. It is, however, trading well above its 52-week low of ₹1,159.05, hit on May 8, 2024.

Conclusion

PB Fintech share saw positive movement as Policybazaar introduced a zero-deduction claim promise for planned hospitalisations. This initiative, though limited to certain insurers and conditions, could significantly improve the claim settlement experience for users and support investor sentiment around PB Fintech’s health insurance vertical.

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