Bajaj Allianz Term Insurance Benefits
Claim Settlement Ratio | 98.48% |
Customer Care | 9:00 AM to 7:00 PM |
Death Benefit Paid For | 11,887 Policies |
Inception | 2001 |
Presence | 759 Branches |
Total Death Benefit Paid | Rs. 310.71 Crore |
Term insurance offered by Bajaj Allianz Life Insurance is widely sought after. One of the key reasons is because the terms plans offered provide optimum financial protection to a policyholder’s family members in the event of an unfortunate incident. In case of the death of the policyholder, the loved ones receive financial assistance. In other words, the nominee receives the complete sum assured from Bajaj Allianz. A policyholder can extend their benefits by investing in additional riders that come at a minimal premium cost only to provide immense support at the time of need.
Bajaj Allianz Life Term Insurance Benefits
Benefits associated with Bajaj Allianz Life term insurance include:
- Affordable Plans: Bajaj Allianz strives to provide comprehensive life cover at affordable prices that not only fulfills an individual’s insurance requirements but also fits in their budget.
- Multiple Add-ons: Bajaj Allianz Life offers multiple add-ons also known as riders like Accidental Death Benefit, Accidental Total Permanent Disability,Critical Illness Cover and Waiver of Premium Benefit. These add-ons help in providing additional benefits.
- Flexibility to Choose Premium Payments: The policyholder has an option to choose the premium paying term of the term insurance plans according to their convenience.
- Tax Benefits: Some of the Bajaj Allianz Life term insurance plans offer tax benefits. Premiums paid are eligible for tax benefits under Section 80C and death benefits are also eligible for tax benefits under Section 10(10D) of the Income Tax Act.
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Best Bajaj Allianz Term Insurance Plans
- LIFE COVERTax Free₹1 Cr
- CLAIMS SETTLED ₹99.7%
- Revised Zero Cost Benefit
- Terminal Illness
- Cover Continuance Benefit
- Insta-Payment on Claim Intimation
- Nominee's Choice payout
- LIFE COVERTax Free₹1 Cr
- CLAIMS SETTLED ₹99.2%
- Waiver of Premium on Disability
- Terminal Illness
- Life Stage Benefit
- Special Exit Benefit
- LIFE COVERTax Free₹1 Cr
- CLAIMS SETTLED ₹99.4%
- Terminal illness
- Special Exit - Option to get your premiums back
- Renewability Option
Why to Buy Term Insurance Policy Online from InsuranceDekho
- Tax benefit upto 1,50,000*
- Claim support everyday 10AM-7PM
- 80 Lacs+ happy customers
Bajaj Allianz Term Insurance Contact Details
Bajaj Allianz Term Insurance
1800-209-7272Mon to Sat 9:00 AM to 7:00 PM
Claim Process at Bajaj Allianz Term Insurance
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FAQs
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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.
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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.
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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.
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What is the toll-free number of Bajaj Allianz Life Insurance?
Toll-free number of Bajaj Allianz Life Insurance is 1800-209-7272.