This policy covers pre and post hospitalization expenses, road ambulance expenses, and per … The new venture combines BBVA's banking expertise and distribution capacity in physical and digital channels with Allianz’s innovative, simple and digital non-life insurance solutions. A leader in the insurance market, Bajaj Allianz Company offers different types of insurance products to cater to the various needs of the customers. Here is the detailed list of plans along with their respective features and benefits. Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana - 122001, IRDAI Web aggregator Registration No. As active managers, we place great importance on understanding capital markets, conducting in-depth research and developing new ideas. 02 Nov 2020): + 0.25% for senior citizens + 0.10% for customers opening FD through online mode. You can avail of the option to choose from multiple portfolio strategies/fund options. Bajaj Allianz Life Insurance Company is a joint venture between Bajaj Finserv Limited and Allianz SE. The whereabouts of the invested premium is not known to the policyholder. 06 Registration Code No. BAJAJ ALLIANZ HOUSE, Airport Road, Yerawada, Pune - 411 006 Maharashtra Customer Service Sales: 1800-209-4040 (Toll Free) Service: 1800-209-7272 (Toll Free) Fax: (+91 020) 66026789 Group Allocation 30.8974 24/12/2020 Bajaj Allianz Life - Cash Plus Fund. You can avail of a loan during the policy term if the policy has acquired a surrender value. It ensures that your family members can pursue their life goals even in your absence. It is a non-linked, participating, guaranteed income life insurance plan that can be availed under two benefit options- Enhanced Benefit and Income Benefit. Nor does use of this blog create an Insurer- Policy Holder relationship between you (visitor) and Bajaj Allianz Life Insurance Co. Ltd. (“Bajaj Allianz”) 2. Flexibility to choose between two sum assured options (high or low). Website Compatible Browsers: IE11, Firefox, Safari, Opera, Chrome **Last Updated on 30-11-2020. You can enhance your coverage with 5 rider benefits. Tax benefit is available on the premium paid and the claim received. Active is the most important word in our vocabulary. Insured or his/her nominee can avail of monthly instalments (5 or 10 years) to take policy benefits. Nor does use of this blog create an Insurer- Policy Holder relationship between you (visitor) and Bajaj Allianz Life Insurance Co. Ltd. (“Bajaj Allianz”) 2. What are the modes of payment available? Bajaj Allianz General Insurance also reported a healthy Combined Ratio of 97.6% and solvency of 280% for the period. It is an insurance cum investment plan that is designed with a combination of two plans- Bajaj Allianz Life Future Wealth Gain and Bajaj Allianz Lifelong Assure. Insurance is the subject matter of solicitation.Visitors are hereby informed that their information submitted on the website may be shared with insurers. IISL Nifty 50 PR INR. Select the plan of your choice and click on 'Invest Now'. Government. The riders available are: Bajaj Allianz Accidental Death Benefit Rider, Bajaj Allianz Accidental Permanent Total / Partial Disability Benefit Rider, Bajaj Allianz critical Illness Benefit Rider, Bajaj Allianz Family Income Benefit Rider, Bajaj Allianz Waiver of Premium Benefit Rider, Discount in premium is allowed for female lives and for choosing higher Sum Assured levels of Rs.1 lakh and above, Guaranteed Loyalty Additions are paid under the plan ranging from 3% - 15% of the Guaranteed Maturity Benefit depending on the plan tenure and the premium paying tenure, On maturity, the Guaranteed Maturity Benefit along with the Guaranteed Loyalty Additions, vested bonuses, interim bonus and any Terminal Bonus is paid, On death of the insured during the plan tenure, higher of the Guaranteed Maturity Benefit or the Sum Assured along with the Guaranteed Loyalty Additions, vested bonuses, interim bonus and any Terminal Bonus is paid, Discount in premium is allowed for choosing higher Guaranteed Maturity Benefit levels of Rs.5 lakhs and above, The premium payment frequency can be changed anytime, The premium under the plan is payable for a limited tenure, The plan comes in two variants of Gold and Silver with different eligibility criterion as regards to the entry and exist age, plan term and the premium paying term, On death of the insured during the tenure of the plan, higher of 10 or 7 times the annual premium or 105% of all premiums paid till death or 1.25 or 2 times the chosen Sum Assured is payable to the nominee along with the vested bonus, interim bonus and any Terminal Bonus, On maturity, the Sum Assured along with the vested bonus, interim bonus and any Terminal Bonus is paid, B - Lifetime Annuity with Return of Purchase Price, C - Life Annuity guaranteed for 5/10/15 or 20 years and thereafter payable for life, D - Lifetime Annuity with Return of Purchase Price on death of last survivor, E - Joint Life Last Survivor with 50% annuity to the spouse, F - Joint Life Last Survivor with 100% annuity to the spouse. No. It serves millions of customers through its 524 branches, 70,000+ agents (as of 30 Sept 2020), and its online sales channel. Participating plans are entitled to participate in the company’s profits and earn bonuses which are not true for non-participating plans. Visit the official website of Bajaj Allianz Life Insurance. The product information for comparison displayed on this website is of the insurers with whom our company has an agreement. It is a non-linked, participating, endowment life insurance plan that offers attractive returns on investment along with life cover. CIO Comment Investment Insight - Individual Funds Investment Insight - Group Funds. The plan is available in multiple tenures of 12-20 years. Opt from multiple rider benefits- Bajaj Allianz Accidental Permanent Total/Partial Disability Benefit Rider, Bajaj Allianz Critical Illness Benefit Rider, Bajaj Allianz Family Income Benefit Rider, Bajaj Allianz Accidental Death Benefit Rider, and Bajaj Allianz Waiver of Premium Benefit Rider. Bajaj Allianz Life offers a range of retirement plans that help you to fulfil all your retirement dreams. For PPT (7 years)- 11 years (Sum Assured & Enhanced Sum Assured), For PPT (10 years)- 8 years (Sum Assured & Enhanced Sum Assured), 70 years (Sum Assured) & 57 years (Enhanced Sum Assured). Attach the relevant documents and submit them to Bajaj's nearest branch. The premiums paid are exempt from taxation under Section 80C of the Income Tax Act and the claim received in exempt under Section 10(10D) of the Income Tax Act. The company will verify the information and update you at every stage of the process via SMS/call/email. Its insurance joint ventures with Allianz SE, Germany, namely Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited are engaged in life and general insurance business respectively. It is an insurance cum investment plan that is designed with a combination of two plans- Bajaj Allianz Life Future Wealth Gain and Bajaj Allianz Lifelong Assure. This plan can be availed under two variants- Gold and Silver. You must submit the valid documentation along with suitable claims form and submit it to the nearest branch in you city. Plans which are not available online can be purchased from agents, brokers, banks, etc. This is a non unit-linked insurance traditional participating plan. Bajaj Finance Ltd., incorporated in the year 1987, is a Large Cap company (having a market cap of Rs 313375.55 Crore) operating in NBFC sector. It is headquartered in Pune, India, and offers an exhaustive list of life insurance products across ULIPS, Savings, Retirement, and Child insurance plans. Bajaj Allianz Invest Gain Plan is an Endowment Plan. You can avail of guaranteed loyalty addition depending upon the premium payment term and policy term. Email : helpdesk@policyx.com | Toll Free Number : 1800-4200-269 | Write Review, About Us | Contact Us | Sitemap | Articles | Login | Renew | Tools/Calculator | Career | Customer Service | We Care | Data Lab New | Awards, Copyright PolicyX.com / Certified : IRDAI Regn No. Non-Life Insurance Market Getting Back To Growth in India: Bajaj Allianz, Tata AIG, Star Health and Allied Insurance 12-24-2020 04:12 PM CET | Business, Economy, Finances, Banking & … The plan comes with multiple policy terms and premium paying terms. Allianz SE is rated by the three internationally leading rating agencies Standard & Poor's, Moody's and A.M. Best in an interactive rating process. The customer only needs to log into the company’s website, choose the required plan, choose the coverage and provide the details. There are 4 variants in this plan, where 4 times the basic Sum Assured can be opted for as Life Coverage. Policyholders are provided with the option to alter premium payment mode. Allianz obtained very … The plan offers coverage to your life for 100 years by paying a premium through a limited term. Avail of guaranteed returns at the time of maturity for the capital invested. Total Assets (mil) 23733.88. BAJAJ ALLIANZ HOUSE, Airport Road, Yerawada, Pune - 411 006 Maharashtra Customer Service Sales: 1800-209-4040 (Toll Free) Service: 1800-209-7272 (Toll Free) Fax: (+91 020) 66026789 The claim amount is directly deposietd in your bank account. 3. Bajaj Allianz travel insurance plans protect you from losses due to medical emergencies to covering for the loss or delay of baggage, and more. Bajaj Allianz Health Infinity Plan is an approved health insurance policy from Bajaj Allianz General Insurance Co. Ltd. Sign up our newsletter and get email about health plans. It is a non-linked, non-participating, life endowment plan that looks after the investment needs of the insured and his/her family without any trouble. Bajaj Allianz Life - Pure Stock Fund. 77.42 / -0.08%. For more information, get in touch with the customer service team of Bajaj Allianz. This insurance policy helps in building a corpus and enables you to receive a lifelong regular income. I am willing to take high risk for long-term to gain more return.--Arvind Gurav This insurance policy helps in building a corpus and enables you to receive a lifelong regular income. Would you please advise if this is a good plan to invest? Individuals can call the customer care number (1800-209-4040) and get their queries resolved regarding insurance policies. Index. On the other hand, offline mode requires cash payment at the nearest branch of Bajaj Allianz. Get an option to choose from five rider options- Bajaj Allianz Accidental Permanent Total/Partial Disability Benefit Rider, Bajaj Allianz Critical Illness Benefit Rider, Bajaj Allianz Family Income Benefit Rider, Bajaj Allianz Accidental Death Benefit Rider, and Bajaj Allianz Waiver of Premium Benefit Rider. Get a lifelong income till the age of 99 years. Your invested amount gets equity exposure up to 40%. Q: What is the policy renewal process for Bajaj Allianz traditional plans? Yes, Bajaj Allianz offers a safe and secure platform to pay premium online. Get guaranteed maturity benefits to plan your life goals. The plan promises five additional riders which can be taken for a more comprehensive coverage. Q: How to pay premium? Get … You can avail of a waiver of the premium rider by paying a nominal premium. You can avail of death benefit till maturity for the life assured. Choose from five rider options by paying a small premium. Company’s net profit grew by 88% to ₹ 395 crore. A leader in the insurance market, Bajaj Allianz Company offers different types of insurance products to cater to the various needs of the customers. You can opt from five rider options to expand the coverage at a nominal premium. Survival Benefits are paid @ 15% - 30% of the Sum Assured depending on the plan tenure chosen. Category. Avail of sum assured plus income benefit under the policy. This policy offers special premium rates for female policyholders. Get two variants of premium payment term- Limited Pay and Regular Pay. All Rights Reserved.. You can pay premium from ANY of these approved methods. This plan is available under two different variants (Super and Life). The policyholders are provided with a choice of two policy terms (15 and 17 years). ... 17/06/2020 Bajaj Allianz Life - GROUP ASSET ALLOCATION FUND. 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