Bajaj Allianz Life Insurance

Bajaj Allianz Life Insurance Company Limited is a product of collaboration between Bajaj Finserv Limited and Allianz SE. Bajaj Allianz Life initiated its operations in the year 2001. Bajaj Allianz Life has been one of the leading private insurance providers in India. Bajaj Allianz Life strives to provide the best comprehensive budget friendly insurance plan. Bajaj Allianz offers a wide range of insurance plans such as Term Insurance, Unit-Linked Insurance Plans, Child, Retirement, Investments, Savings and Health Insurance plans along with riders to provide extra protection.

Bajaj Allianz Life has been awarded with several awards. Bajaj Allianz Life was awarded with ‘Best Fraud Intelligence’ at the Annual Insurance India Summit and Awards 2020. The company has won ‘Best Digital Customer Experience Initiative’ at Customer Fest Leadership Awards 2020. Bajaj Allianz won the ‘Best Digital Transformation Initiative’ at the BFSI Smart Tech Leadership Awards 2019.

Types of Bajaj Allianz Life Insurance Plans

Bajaj Allianz Life Insurance offers a wide variety of insurance plans to choose from. Following are the types of insurance plans offered by the insurance company:

• Term Insurance Plans: Bajaj Allianz Life offers eight term insurance plans online. Bajaj Allianz Life Smart Protect Goal plan is a term insurance plan that offers maturity benefit that allows the policyholder to retrieve the total premiums paid at the time of maturity. Bajaj Allianz Life eTouch Online Term plan provides financial protection to the policyholder’s family at the time of diagnosis of critical illness. Bajaj Allianz iSecure provides death benefit in equal instalments in the event of sudden demise of policyholder. Bajaj Allianz iSecure More offers a 5% increase of the sum assured on every anniversary date of the policy. Bajaj Allianz iSecure Loan plan is a debt cover term plan. Bajaj Allianz Life Secure is considered a whole life term insurance plan and this plan offers life coverage upto 100 years of age. Bajaj Allianz LifeStyle Secure offers level cover term assurance with addition to accelerated critical illness benefit. Bajaj Allianz Saral Jeevan Bima is a life cover that provides coverage up to a term of 40 years.
• Unit-Linked Insurance Plans: Bajaj Allianz Life offers eight unit-linked insurance plans namely Bajaj Allianz Life Smart Wealth Goal, Bajaj Allianz Life LongLife Goal, Bajaj Allianz Life Goal Assure, Bajaj Allianz Life Future Gain, Bajaj Allianz Life Fortune Gain, Bajaj Allianz Life Principal Gain, Bajaj Allianz Life Future Wealth Gain and Bajaj Allianz Life Goal Based Savings.
• Savings Plan: Bajaj Allianz Life offers eight savings plan namely Bajaj Allianz Life Flexi Income Goal, Bajaj Allianz Life Guaranteed Income Goal, Bajaj Allianz Life Save Assure, Bajaj Allianz Life Cash Assure, Bajaj Allianz Life Super Life Assure, Bajaj Allianz Life Income Assure, Bajaj Allianz Life Goal Suraksha, and Bajaj Allianz POS Goal Suraksha.
• Investment Plans: Bajaj Allianz Life offers five investment plans namely Bajaj Allianz Life My Wealth Goal, Bajaj Allianz Life Invest Assure, Bajaj Allianz Life Elite Assure, Bajaj Allianz Life Capital Assure Goal, and Bajaj Allianz Life Capital Goal Suraksha.
• Retirement Plans: Bajaj Allianz Life offers two retirement plans namely Bajaj Allianz Life Guaranteed Pension Goal and Bajaj Allianz Retire Rich.
• Child Insurance Plans: Bajaj Allianz Life offers two child insurance plans namely Bajaj Allianz Young Assure and Bajaj Allianz LifeLong Assure.
• Health Insurance Plans: Bajaj Allianz offers one health insurance plan Bajaj Allianz Life Healthcare Goal is a critical illness health insurance policy that offers to cover 36 listed critical illnesses which includes heart and cancer.