Bajaj Allianz Life Insurance Benefits
|Claim Settlement Ratio||98.48% in FY 2020-21|
|Customer Care||9:00 AM to 7:00 PM|
|Death Benefit Paid For||11,887 Policies|
|Total Death Benefit Paid||Rs. 310.71 Crore|
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Benefits of Bajaj Allianz Life Insurance
Bajaj Allianz Life Insurance Company Limited is a venture that formed after the collaboration between Bajaj Finserv Limited and Allianz SE. Bajaj Allianz Life started in the year 2001. Bajaj Allianz Life strives to provide the best comprehensive budget friendly insurance plan. Bajaj Allianz offers a wide range of insurance plans such as Term Insurance, Unit-Linked Insurance Plans, Child, Retirement, Investments, Savings and Health Insurance plans. Furthermore, to provide enhanced protection, Bajaj Allianz Life Insurance provides riders as well.
Benefits of Bajaj Allianz Life Insurance
Bajaj Allianz Life Insurance offers following benefits to its customers:
- Wide Variety of Products: Bajaj Allianz Life Insurance offers a wide range of insurance products such as Term Insurance, Unit-Linked Insurance plans, Savings, Investments, Retirement, Child Insurance and Health Insurance plans. An individual can choose the insurance plan that best fits his/her budget and fulfills their insurance requirements.
- Affordable Premiums: The premiums of Bajaj Allianz Life Insurance plans are affordable. Bajaj Allianz Life strives to provide the best comprehensive budget friendly insurance plan. Bajaj Allianz Life Insurance plans provide comprehensive life cover at a very affordable price.
- High Claim Settlement Ratio: Bajaj Allianz Life Insurance Company has featured a high claim settlement ratio of 98.02% in the FY 2019-20. The claim settlement ratio of an insurance company depicts the number of claims settled in the financial year against the total number of claims. CSR represents the loyalty of the insurance company towards its customers.
- Multiple Add-ons: Bajaj Allianz Life Insurance offers an option to enhance the insurance policy life cover by adding riders. Riders provide additional benefits in case of any financial emergency. Bajaj Allianz Life offers riders such as Critical Illness Rider, Accidental Death/Total Permanent Disability rider, Waiver of Premium rider and more.
- Excellent Customer Service: Bajaj Allianz Life offers 24x7 digital customer assistance and the insurance company has robust customer care service both online and offline. The team of experts at Bajaj Allianz is highly knowledgeable and always present to resolve customers’ queries, thereby serving in the best manner.
- Award Winning Services: Bajaj Allianz Life has been awarded with several awards. Bajaj Allianz Life was awarded with ‘Best Fraud Intelligence’ at the Annual Insurance India Summit and Awards 2020. The company has won ‘Best Digital Customer Experience Initiative’ at Customer Fest Leadership Awards 2020. Bajaj Allianz won the ‘Best Digital Transformation Initiative’ at the BFSI Smart Tech Leadership Awards 2019.
Latest News on Bajaj Allianz Life Insurance
Top 3 Money Back Plans To Buy In 2022A money back life insurance policy provides a two-sided advantage of life insurance as well as a savings component. If the policyholder dies within the active policy period, the money back plan pays the death benefit to the nominee/beneficiaries named in
All About Bajaj Future Gain ULIPFuture Gains is a unit-linked insurance product offered that allows customers to build money for the future. It accomplishes this by investing the premiums you pay in the stock and bond markets. It also includes features like as flexible premium payment c
Everything You Must Know About Bajaj Future Gain PlanBajaj Allianz Future Gain is a Bajaj Allianz Insurance Firm Unit Linked Endowment policy. By investing in equities and financial securities, the policy helps subscribers to accumulate wealth with their contributions.
Term Insurance Plans For Husband And Wife In IndiaAs the name implies, spousal term insurance allows you to insure yourself and your spouse under one policy. These are complete protection insurance that provide many advantages to both the insured husband and wife.
Which Are The Best Term Insurance Plans In India?A term insurance is one of the most popular types of insurance scheme in the market. Term insurance is a protection for your family. It pays a certain sum to take care of your family's financial needs in case of your unfortunate demise.
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Life Insurance News
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Bajaj Allianz Future Gain is a Bajaj Allianz Insurance Firm ...08 December 2021
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As the name implies, spousal term insurance allows you to in...30 November 2021
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Bajaj Allianz Life Insurance User Reviews
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Claim Process at Bajaj Allianz Life Insurance
Claim IntimationIn the event of the death of the life assured, the insurance company should be intimated as early as possible.
Submission of DocumentsFor easy claim settlement, claim form, original policy document, death certificate and others documents should be submitted on time.
Claim EvaluationAfter successful submission of documents, the insurance company will thoroughly evaluate the claim filed.
Claim SettlementIf claim request is approved, claim is settled within 30 days. In case of additional investigation, claim process may take 120 days.
FAQ About Bajaj Allianz Life Insurance
Why should I choose Bajaj Allianz Life Insurance?
Bajaj Allianz Life Insurance offers a wide range of insurance plans and Bajaj Allianz Life Insurance has been one of the leading life insurance providers in India. Bajaj Allianz Life strives to provide the best comprehensive budget friendly insurance plan. Bajaj Allianz Life Insurance has featured a high claim settlement ratio of 98.02% in the FY 2019-20.
What all plans does Bajaj Allianz Life Insurance offer?
Bajaj Allianz offers a wide range of insurance plans such as Term Insurance, Unit-Linked Insurance Plans, Child, Retirement, Investments, Savings and Health Insurance plans. Bajaj Allianz also offers a vast array of riders for added protection.
Is it safe to purchase Bajaj Allianz Life Insurance plan online?
Bajaj Allianz provides life insurance plans online and offline. Purchasing a Bajaj Allainz Life insurance plan is very convenient and requires minimum paperwork. Purchasing the life insurance plan online not only saves time but saves one from the hassle of visiting the insurance company. It also provides real-time tracking.
What are the benefits of purchasing Bajaj Allianz Life Insurance plans?
Bajaj Allianz Life strives to provide the best comprehensive budget friendly insurance plan. Bajaj Allianz Life offers an option to enhance the insurance policy life cover by adding riders. Bajaj Allianz Life also offers 24x7 digital customer assistance and the insurance company has robust customer care service both online and offline.
Which is the best insurance plan by Bajaj Allianz Life Insurance?
All the insurance plans are different from each other and have different features and advantages. However, among all the life insurance plans provided by Bajaj Allianz, the utmost preference of one and all is Term Insurance Plan as it gives high coverage at minimal premium.
Bajaj Allianz Life Insurance Contact Details
Insurance Dekho755 1196 989Mon to Sun 10:00 AM to 7:00 PM
Bajaj Allianz Life Insurance1800-209-7272Mon to Sun 9:00 AM to 7:00 PM