About Bajaj Allianz
Bajaj Allianz General Insurance is a well-known private general insurance company in the country. The company is an alliance between Bajaj Finserv Limited and Allianz SE. Little were you aware that Bajaj Finserv was initially a part Bajaj Auto Limited, owned by the Bajaj Group of India while Allianz SE stands to be a popular German company for financial services. In the alliance, Bajaj Finserv Limited enjoy a major 74% of the holdings and Allianz SE owns the remaining 26%.
The company was first registered on the 2nd of May, 2001. Since then, it has been in business making it to the top of the charts amongst the best general insurance brands in the country. Bajaj Allianz General Insurance kick-started with as little as 36 offices and 100 employees, backed up with a paid-up capital of 1.10 billion rupees. The company offers a diverse range of 97 products, out of which 26 products are of health insurance only.
However, the stats recorded today shows a massive hike in business. Bajaj Allianz now establishes foothold in over 200 Indian cities with more than 3500 employees at work. The company is headquartered in Pune.
Bajaj Allianz envisions to become a market leader in the field of general insurance. Only best-in-class insurance products will be brought on boards. These will not just be value for money but showcase the best of technical advancement and risk management.
Claims Process at Bajaj Allianz Car Insurance
Drop In At The WorkshopDrive your vehicle to the nearest workshop or get the same towed.
Survey BeginsOnce the claim has been intimated to the insurance company, a surveyor is appointed in 24-48 working hours.
DocumentationEverything from a policy copy, DL and RC to a Claim Intimation form, PAN card, Aadhar card and estimate of repair is submitted to the insurer.
Survey is DoneThe survey is completed within 24-48 working hours.
Ruling is MadeAfter a detailed survey, the surveyor accepts/ rejects the survey. Repair works begin after it is accepted.
Delivery Order is HandedAfter the repair works are completed, survey is done and a delivery order is issued.
What about non-cashless?You make payments for the repair works done. Soon after, the claim amount is reimbursed.
Bajaj Allianz FAQ
Why should you purchase Bajaj Allianz car insurance online?
Car insurance is a need of the hour. Purchasing it online from Bajaj Allianz cuts-down your work.
- You could pick after reviewing the options at the convenience of your home.
- The process of buying is quick and easy.
Third party liability and comprehensive car insurance – what’s the difference? Which Bajaj Allianz policy should I buy?
A third party insurance cover third party liabilities only. Comprehensive car insurance on the other hand include own damage to vehicles and third party liabilities. For optimized protection, you must buy a comprehensive insurance plan from Bajaj Allianz.
Is your NCB transferable in Bajaj Allianz?
Ofcourse, NCB is definitely transferable when you are changing your car insurance company to Bajaj Allianz. It solely depends on your clean claim-free driving record.
IDV – What does it imply in car insurance?
IDV stands for insured declared value. It is the current market value of your vehicle. Depreciation of cars, wear and tear and other features are factored in.
Is NCB available for all Bajaj Allianz policyholders?
NCB or No Claim Bonus is more of a rewarding discount. If no claims were made in the previous policy period, a good discount is offered on your car insurance from Bajaj Allianz.
Bajaj Allianz Policy Cover – How to know the period for which its valid?
Every insurance company in business is required to furnish policyholders with a policy start date and end date. The same is applicable for Bajaj Allianz. This is the period upto which the policy is valid. After the date has expired, you are required to renew the policy.
My car insurance has lapsed – What do I do for my next Bajaj Allianz Insurance cover?
Once your car insurance has lapsed, you will need to provide your car for inspection. If you have a good amount of NCB earned over a period, it is mandatory that you renew your Bajaj Allianz policy within 90 days of the policy being lapsed. If not, the NCB percentage will become null and void.
Why should I pay additional premium apart from my insurance cover for my Bajaj Allianz policy?
Frankly, additional premium is only required for add-ons regardless of the insurer. These are additional riders that maximize value of your car insurance policy.
Why do I need Bajaj Allianz car insurance?
What are you more likely to purchase – a branded something or a some random policy promising you a world of wonders? Bajaj Allianz is a brand, grasping a foothold for long in the market. It offers protection against third party liability, own damage and damage due to personal activity.
Bajaj Allianz car insurance policy – I need to know how much coverage does it offer?
Bajaj Allianz car insurance lets you purchase car insurance online. Much depends on the IDV of the vehicle and its price.
What are the advantages of having a car insurance
- Car insurance policy saves you from spending riches when your car is involved in an accident.
- When a car is insured, ample of benefits are provided to the survivor in case accident results in death.
- Consequences of accident are unprecedented. It may call for legal hassles. Having a car insurance covers expenses of lawsuits and legal fees.
- Total loss of vehicle or been a victim of theft? Well, a car insurance pays for your loss.
- Vehicle insurance secures damage of third party property, subjected to maximum of Rs. 7.5 lacs.
- Bajaj Allianz guarantees 24X7 call assistance and SMS alerts for claim supports.
- Prompt towing facility is guaranteed in case of vehicle breakdown or accident.
- Enjoy easy cashless claim settlement at over 4000 preferred garages all across the country.
- Step up the value of your car insurance with a zero depreciation add-on.
- Transfer a maximum of 50% of No Claim Bonus from any other insurer without any delay.
Bajaj Allianz Contact Details
TATACall Us1800 22 5858
BSNLCall Us1800 209 5858
Bharti AirtelCall Us1800 102 5858
OthersCall Us020 30305858
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Bajaj Allianz Add-Ons:
Round the clock on spot assistance
There could be accidents and breakdowns. In a nutshell, policyholders are mostly in need of quick on-road assistance. Bajaj Allianz provide a ton of services under the emergency assistance cover. Replacement of flat tyre, repair or jump start of car battery, legal suggestions in case of unforeseen accidents are a couple of stated benefits and there’s even more.
There is a pressing need of consumables to repair damages in a vehicle. Power steering oil, engine oil, brake oil, coolant, gear box oil, AC gas oil and others for instance. Opting for a consumables add-on can save you big bucks.
Key Replacement Add-On
If the key to your vehicle is lost and irrecoverable, having this add-on could save you burning holes in your wallet. The cover indemnifies expenses of new locks and alternative keys.
If your insured car is in a workshop for the repair of damages and the claim has been accepted, this add-on comes of great benefit. You will be entitled to receive a per day cash benefit.
Accident Shield Cover
The concept of this add-on is in tune with a third party liability cover with a slight difference. Wondering what? Well, collision and accidents can result in bodily injuries, disability and death in the worse case. Opting for an added accident rider covers expenses of such kind for the occupants in the vehicle.
Add-On for Personal Baggage
If you are a frequent traveling driving miles along-with personal goods and baggages that are costly, this add-on is perfect for you. It indemnifies the loss of baggage in the insured vehicle on colliding or bumping into an accident.
**Conditions are subjected to change depending upon the insurance company.**
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