Bajaj Allianz Term Insurance

7 reviews Rate This
Highlights
Claim Settlement Ratio98.02% in FY 2019-20
Customer Care9:00 AM to 7:00 PM
Death Benefit Paid For11,887 Policies
Inception2001
Presence759 Branches
Total Death Benefit PaidRs. 310.71 Crore

About Bajaj Allianz Term Insurance

Bajaj Allianz Life Insurance is a partnership between Bajaj Finserv Limited and Allianz SE. Headquartered in Pune, Bajaj Allianz Life Insurance is one of the celebrated private insurance companies in India that provides a vast array of insurance products for financial planning and security of its customers. Bajaj Allianz Life Insurance has been conducting life insurance business in India since it received the Insurance Regulatory and Development Authority (IRDA) certificate of Registration on 3 August 2001. Bajaj Allianz Life has a vast presence across the country with millions of customers. Making use of its several unique platforms, Bajaj Allianz Life leaves no stone unturned to engage with its customers. The life insurer has secured a place in the Guinness Book of World Records with the Bajaj Allianz Life Plankathon 2020. In the financial year 2019-20, Bajaj Allianz Life Insurance featured a claim settlement ratio or CSR as high as 98.02%.

Among its many insurance products, Bajaj Allianz Life Insurance provides eight term plans. The reliable term plans offered by the company ensure complete financial stability of the policyholder’s family in case of the sudden demise of the policyholder. The term plans provided by Bajaj Allianz do not provide maturity benefit and become inactive after the expiry of policy.

Bajaj Allianz Term Insurance Plans

Bajaj Allianz Life Insurance provides eight term insurance plans that include:

  • Bajaj Allianz Life Smart Protect Goal
  • Bajaj Allianz Life eTouch Online Term
  • Bajaj Allianz iSecure
  • Bajaj Allianz iSecure More
  • Bajaj Allianz iSecure Loan
  • Bajaj Allianz Life Secure
  • Bajaj Allianz LifeStyle Secure
  • Bajaj Allianz Saral Jeevan Bima

Term Life Insurance Premium Calculator

Gender

  • Male
  • Female

Date of Birth

Do you smoke or chew tobacco?

  • Yes
  • No

Choose required coverage to secure your family’s future

50L
1Cr
1.5Cr
2Cr
5Cr
Disclaimer :
1. Premium has been calculated for coverage till 70 years
2. Eligibility depends on income, occupation and educational qualification

Bajaj Allianz Term Insurance Plan List

Name of PlanSum Assured
iSecure Plan20 lac - 10 cr Get Quotes Now

Bajaj Allianz Term Insurance User Reviews

Write your review
What users are saying
  • All
  • Informative website and easy t...

    The website of InsuranceDekho makes it easy to choose a plan and compare it with others. I had a smooth and go...

    Read More
    S
    Bajaj Allianz
    By Sanyam Gupta
    On: Jul 22, 2021
  • So simple and informative webs...

    Ever since I have come across InsuranceDekho, I have decided that I will make all my insurance investments fro...

    Read More
    D
    Bajaj Allianz
    By Darpan Bhatia
    On: Jul 20, 2021
  • Assured customer privacy

    I am a policyholder of Bajaj Allianz Life Insurance plan on InsuranceDekho. While issuing the policy, I had to...

    Read More
    M
    Bajaj Allianz
    By Mrinal Das
    On: Jul 15, 2021
  • Mobile policy

    My Bajaj Allianz LifeStyle Secure plan can be found on my mobile at any time. Such an easy way to carry polici...

    Read More
    C
    Bajaj Allianz
    By Chandana Basak
    On: Jul 06, 2021
  • Best buying guide

    InsuranceDekho acted as the best buying guide when I was not sure about how to choose the best term insurance ...

    Read More
    K
    Bajaj Allianz
    By Kanad Mondal
    On: Jun 29, 2021

Claim Process at Bajaj Allianz Term Insurance

  • 1

    Claim Intimation

    In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
  • 2

    Submission of Documents

    Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
  • 3

    Claim Evaluation

    Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.
Must BuyMust Buy

Why to Buy Term Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 1,50,000*
  • Claim support everyday 10AM-7PM
  • 14 Lakh+ happy customers

FAQ About Bajaj Allianz Term Insurance

  • What benefits will I get if I buy term insurance?

    Some of the benefits that you get on buying term insurance include affordable premium, return of premium option, flexibility in premium payment, death benefit, flexible policy terms and more. 

  • Why should I buy term insurance from Bajaj Allianz?

    You should choose Bajaj Allianz to buy a term insurance plan to make the most of benefits like high CSR (98.02%), vast network across the country, large product variety with excellent features, prompt claim settlement and more. 

  • Can I buy a joint term insurance plan with my spouse?

    Yes! You can choose Bajaj Allianz Life Smart Protect Goal policy that will help you avail the benefit of joint cover for you and your spouse.

  • Which are some of the Bajaj Allianz term insurance plans that I can buy online?

    Life Smart Protect Goal, eTouch Online Term, and iSecure are some of the Bajaj Allianz term insurance plans that you can easily buy online. 

  • What is the toll-free number of Bajaj Allianz Life Insurance?

    Toll-free number of Bajaj Allianz Life Insurance is 1800-209-7272.

Bajaj Allianz Term Insurance Contact Details

Reach us for help anytime