When you buy a life insurance, you buy a feeling of safety. It is a safety net that cover your family members from the financial impact of your sudden absence and make sure that any money owed which was incurred all through your lifetime do not fall upon your family.
It also depends on your future financial needs which include the wishes of your youngsters, their schooling or even their marriage
Bajaj Allianz life insurance is a joint venture between Bajaj Finserv Ltd (previously a part of Bajaj vehicle limited) owned by the Bajaj group of India and Allianz SE, economic offerings organization. Being one of the personal insurance organizations in India, it offers insurance products for monetary planning and safety.
It is led by Tarun Chugh who is the director and CEO of the company. Bajaj Allianz life insurance started out operations on 12 March 2001. It's headquatered Pune, India. Bajaj Allianz life insurance obtained the Insurance Regulatory and Development Authority (IRDA) certificates of Registration on 3 August 2001 to operate a life insurance company in India.
Investment is helpful to secure your financial aims with current investing resources that you have in hand. Investing your money takes a great deal of time, tools and resources. When it comes to selecting what investment to be done, one-size-fits-all approach just doesn't work. There isn't a single investment insurance that will work for everyone. People have different set of savings goals, and it's only when you take a closer look at them you will begin to get the answer for the best investment insurance plan suitable for your needs and requirements.
At Bajaj Allianz, They believe in serving customers first, always. They understand your dreams for the future and your desire to provide for your family even after you are gone. Company offers a wide range of investment options which will help you to plan for various life goals. At the same time, they will protect your family against unforeseen circumstances so that their dreams never have to end.
With Bajaj Allianz, you can make your dreams come true by choosing an efficient investment insurance plan, which will protect you against unexpected hardships.
It is a non-linked endowment plan. On the maturity date, if all premiums are paid, the Sum Assured plus vested bonus and terminal bonus, if any, under your policy, will be paid and the policy will terminate. The surrender value shall be higher of the Guaranteed Surrender Value(GSV) and the Special Surrender Value(SSV) will be payable at any time of surrender throughout the term of the policy.
A Unit-Linked Single Premium Endowment Plan that provides up to 99.5% premium allocation to make sure that your valuable money is fully utilized towards building you a fortune. Under Bajaj Allianz Fortune Gain, the maturity benefit will be the single premium fund value plus top up premium fund value, if any, both as on the maturity date, provided the policy is in-force.
A traditional savings plan that offers the most attractive return while protecting your family. You will have the option to surrender your policy anytime, provided at least 1 full year's premium has been paid if Premium payment term is less than 10 years or at least 2 full years' premiums have been paid, if the premium payment term is 10 years or more.
Submitting a claim with Bajaj Allianz is a trouble-free and smooth system because the enterprise has streamlined their claims submitting procedure. Bajaj Allianz Life Insurance claims may be filed offline, with the claims system mentioned below:
If a claim falls under the exclusions beneath the being pregnant clause, or any statistics are withheld relating to pregnancy-associated questions at the time of coverage issuance.
You can renew your Bajaj Allianz life insurance with the help of online platform easily by paying the premium amount, upon which the cover can be active.
Last updated on 08-06-2020