Bajaj Allianz Life Insurance

About Bajaj Allianz Life Insurance

Bajaj Allianz Life Insurance commenced its operations in 2001. Bajaj Allianz Life Insurance is a joint venture between- Bajaj Finserv Limited, one of India's most diversified non-banking financial institutions, and Allianz SE, one of the world's leading asset managers and insurers. It serves millions of customers through its 509 branches, 1,01,380+ agents, and trusted partners through its online channels.

Bajaj Allianz Life Insurance company ensures to look after your insurance needs by offering Best Term Insurance plans, Unit-linked plans, savings plans, investment plans, retirement plans, and many more. Bajaj Allianz life insurance company keeps the brand promise "Life Goals Done" at the core of its insurance products and continues to launch innovative insurance solutions.

Key Features of Bajaj Allianz Life Insurance

With so many life insurance companies available in India, choosing the right insurance company can be a hectic task. It is important that you choose the right insurer and the right plan that will best suit the potential needs of your family. So, before choosing any life insurance company, you need to check some important factors of the insurance company such as claim settlement ratio, solvency ratio, annual premium, and operating network.

To get more insight into Bajaj Allianz Life Insurance Company's performance, take a look at the below key features that will help you to analyze the company based on its performance:

Benefits of Bajaj Allianz Life Insurance

There are multiple reasons to avail of the advantages of Bajaj Allianz Life Insurance. Read below to understand the plethora of advantages provided by the insurer.

Bajaj Allianz Life Insurance Plans

To cater to the dynamic insurance needs of an individual and their family, Bajaj Allianz Life Insurance comes with several plans. Bajaj Allianz Insurance Company comes with a range of plans that allow the customers to choose their ideal plan as per their and their family's requirements. The company ensures to offer a plan for everyone.

1. Bajaj Allianz ULIP Plans

   Plan	Entry Age	Tenure	Minimum Sum Assured
   Bajaj Allianz Life Long Life Goal	Minimum Age: - 18 years Maximum Age: - With waiver of premium: - 65 years Without waiver of premium: - No limit	99 minus age at entry of life assured	10 times Annualized Premium
   Bajaj Allianz Smart Wealth Goal	Minimum Age: - 0 Years Maximum Age: - 60 Years	10 Years to 60 Years	10 times Annualized Premium
   Bajaj Allianz Life Goal Assure	Minimum Age: - 0 Years Maximum Age: - 60 Years	5/10/15/20 Years	10 times Annualized Premium
   Bajaj Allianz Future Gain	Minimum Age: - 1 Year Maximum Age: - 60 Years	10/15/20/30 Years	10 times Annualized Premium
   Bajaj Allianz Fortune Gain	Minimum Age: - 1 Year Maximum Age: - 63 Years	7 to 30 Years	1.25 times single premium if age at entry < 45 Years 1.1 times single premium if age at entry >=45 Years
   Bajaj Allianz Future Wealth Gain	Minimum Age: - 0 Year Maximum Age: - 60 Years	10/15 to 25	7 times Annualized Premium
   Bajaj Allianz Life Goal Based Saving	Minimum Age: - 0 Year Maximum Age: - 60 Years	5/10/15/20 Years	10 times Annualized Premium
   Bajaj Allianz Life Principal Gain	Minimum Age: - 7 Years Maximum Age: - 60 Years	7 to 15 Years	10 times of annual premium





2. Bajaj Allianz Term Plan

   Plan	Entry Age	Tenure	Minimum Sum Assured
   Bajaj Allianz Life Saral Jeevan Bima	Minimum Age: - 18 years Maximum Age: - 65 years	5 - 40 years	Rs. 5,00,000
   Bajaj Allianz eTouch Term	Minimum Age: - 18 years Maximum Age: - 65 years	For cover up to 99 years: - 34 to 81 Years For cover not up to 99 years: - 10 to 67 Years	Rs. 50,00,000
   Bajaj Allianz Life iSecure	Minimum Age: - 18 years Maximum Age: - 65 years	10 Years	Rs. 25,00,000
   Bajaj Allianz Life Smart Protect Goal	Minimum Age: - 18 years Maximum Age: - 65 years	5 Years to 65, minus at age of entry	Rs. 50,00,000
   Bajaj Allianz Lifestyle secure	Minimum Age: - 18 years Maximum Age: - 50 years	5/7/10/15/20 Years	Rs. 3,00,000
   Bajaj Allianz Life Secure	Minimum Age: - 25 years Maximum Age: - 55 years	100 Minus age at entry	Rs. 20,00,000
   Bajaj Allianz iSecure Loan	Minimum Age: - 18 years Maximum Age: - 60 years	10/15/20/ 25 Years	Rs. 3,00,000
   Bajaj Allianz iSecure More	Minimum Age: - 18 years Maximum Age: - 60 years	10/15/20/ 25 Years	Rs. 250,000

   Know More About: Bajaj Allianz Term Plan

3. Bajaj Allianz Savings Plan

   Plan	Entry Age	Tenure	Minimum Sum Assured
   Bajaj Allianz Life Assured Wealth Goal- Second Income	Minimum Age: - 5 years Maximum Age: - 60 year	30 to 44 Years	Based on Premiums
   Bajaj Allianz Life Flexi Income Goal- Income Benefit	Minimum Age: - 18 years Maximum Age: - 55 years	12 Years to 99 (Minus at the age of entry)	Rs. 1,58,400
   Bajaj Allianz Life Guaranteed Savings Goal	Minimum Age: - 8 years Maximum Age: - 60 years	5/7/10 Years	1.5 times single premium
   Bajaj Allianz Life Guaranteed Income Goal	Minimum Age: - 6 years Maximum Age: - 60 years	Lump sum benefit:- 10/12/15/20 Years Income Benefit:- 5/7/10/12 Years	Rs. 1,00,000
   Bajaj Allianz Life POS Goal Suraksha	Minimum Age: - 18 years Maximum Age: - 55 years	10/15/20 Years	Rs. 30,000
   Bajaj Allianz Life Super Life Assure	Minimum Age: - 18 years Maximum Age: - 55 years	12 to 20 Years	Rs. 1,00,000
   Bajaj Allianz Life Income Assure	Minimum Age: - 0 years Maximum Age: - 50 years	17/19/22/24	144 * Minimum GMI chosen
   Bajaj Allianz Life Save Assure	Minimum Age: - 1 year Maximum Age: - 60 years	15/17 Years	Rs. 1,00,000

4. Bajaj Allianz Life Investment Plan

   Plan	Entry Age	Tenure	Minimum Sum Assured
   Flexi Income Goal- Enhanced Benefit	Minimum Age: - 0 Years, 18 years (Joint life) Maximum Age: - 55 years	12 to 25 Years	Rs. 1,58,000
   Bajaj Allianz Life Assured Wealth Goal- Wealth Creation	Minimum Age: - 8 Years (Joint life) 0 Years (Single Life) Maximum Age: - 50 years (Joint life) 65 Years (Single Life) years	Single Pay:- 5/10 Years Regular Pay:- 10/15/20/25/30 Years	Maturity Benefit:- percentage of total premiums* paid.
   Bajaj Allianz Invest Assure	Minimum Age:- 0 Years (Silver Variant)18 Years (Gold Variant) Maximum Age:- 50 Years	Silver Variant:- 17 to 40 Years Gold variant:- 15 to 40 Years	Rs. 1,00,000
   Bajaj Allianz Elite Assure	Minimum Age:- 0 Years Maximum Age:- 55 Years	15/20/25/30 Years	10 times of annualized premium
   Bajaj Allianz Life My Wealth Goal	Minimum Age:- 10 Years Maximum Age:- 55 Years	100 minus entry age	Based on premium

5. Bajaj Allianz Life Retirement Plan

   Plan	Entry Age	Tenure	Minimum Sum Assured
   Bajaj Allianz Life Saral Pension	Minimum Age:- 40 Years Maximum Age:- 80 Years	Lifetime Annuity	Rs. 1,000
   Bajaj Allianz Life Guaranteed Pension Goal	Minimum Age:- 30/45 Years Maximum Age:- 85/84 Years	1 to 10 years	Rs. 1,000
   Bajaj Allianz Life Long Life Goal	Minimum Age:- 0/18 Years Maximum Age:- 65 Years/ No limit	99 minus age at entry of life assured	10 times annualized premium

6. Bajaj Allianz Life Child Plans

   Plan	Entry Age	Tenure	Minimum Sum Assured
   Bajaj Allianz Life Assured Wealth Goal- Step Up Income	Minimum Age:- 5 Years Maximum Age:- 60 Years	25 to 32 Years	Based on Premium Paid
   Bajaj Allianz Life Young Assure	Minimum Age:- 18 Years Maximum Age:- 50 Years	10/15/20	10 times annualized premium
   Bajaj Allianz Lifelong Assure	Minimum Age:- 10 Year Maximum Age:- 55 Years	100 minus age at entry	Rs. 1,00,000

How To Buy Bajaj Allianz Insurance Plans?

Bajaj Allianz Life Insurance allows you to buy life insurance plans via two platforms. You can either buy the plan online from the official website of the company or through third-party intermediaries like agents, brokers, etc. Given below is a detailed explanation of both these types of buying process.

How to File Bajaj Allianz Life Insurance Claims?

Filing a claim for Bajaj Allianz Plan is a simple and hassle-free task. You can easily fill and submit their claims online or offline. To file a claim for Bajaj Allianz Plan, you need to follow the below-mentioned steps.

Claim Intimation

Inform the company about the incident via various channels- by writing an email at balic.healthclaims@healthindiatpa.com, calling on the toll-free number (1860 209 7272), filling the online claim form on its website, or by visiting the nearest branch. The following details have to be provided during the intimation of your claim:

• Name of the policyholder
• Policy number
• Date of death/event of the life assured
• Nominee name
• Cause of death
• Contact details

A claim reference number/intimation number will be provided to you upon successful registration of the claim.

Document Submission

Submit the necessary documents requested by the company to process the claim. In the case of natural death-

• Death claim form.
• Death certificate.
• Original policy documents.
• Claimant's identity & residence Proof.
• Medical records at the time of death & past illnesses.
• Account details of the nominee.

In the case of unnatural death (Accidental death/Murder/Suicide)-

• Death claim form.
• Death certificate.
• Original policy documents.
• Claimant's identity & residence proof.
• FIR, police inquest report & Panchanama.
• Post mortem report.
• Account details of the nominee.

Claim Settlement

After receiving all the documents and claim forms, the company will verify the details as per their norms. On successful completion, the claim will be settled and the amount will be transferred to the nominee's bank account and the same will be communicated to him/her over a call or an email.

How to Contact Bajaj Allianz Life Insurance Company?