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Bajaj Allianz Term Insurance Claim Settlement
Highlights
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 Life Insurance Premium Calculator
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Choose required coverage to secure your family’s future
50L
1Cr
1.5Cr
2Cr
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification
Best Bajaj Allianz Term Insurance Plans
1 Crore
2 Crore
Smart Total Elite Protection - Base
- LIFE COVERTax Free₹1 Cr
- CLAIMS SETTLED ₹99.7%
Starting From ₹ 688/Month
Key Features:
- Revised Zero Cost Benefit
- Terminal Illness
- Cover Continuance Benefit
- Insta-Payment on Claim Intimation
- Nominee's Choice payout
IProtect Smart
- LIFE COVERTax Free₹1 Cr
- CLAIMS SETTLED ₹99.2%
Starting From ₹ 730/Month
24hr Claim Settlement
Key Features:
- Waiver of Premium on Disability
- Terminal Illness
- Life Stage Benefit
- Special Exit Benefit
HDFC C2PS Life
- LIFE COVERTax Free₹1 Cr
- CLAIMS SETTLED ₹99.4%
Starting From ₹ 771/Month
24hr Claim Settlement
Key Features:
- Terminal illness
- Special Exit - Option to get your premiums back
- Renewability Option
Claim Settlement of Bajaj Allianz Term Insurance
Bajaj Allianz Life Insurance Company has a simple and fast claim settlement process. The insurance company has featured a high claim settlement ratio of 98.02% in the FY 2019-20. Bajaj Allianz Life Insurance Company strives to approve all the claims one day after receiving the claim intimation, if the claim does not require any kind of investigation.
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Documents Required
Documents Required for Bajaj Allianz Life Term Insurance Claims
Following is the list of documents required for Bajaj Allianz Life term insurance claims:
- Original Policy Document
- Copy/Original Death Certificate issued by local authority
- Claim Intimation Form
- Claimant’s Photo ID Proof
- Claimant’s Address Proof
- Bank Details like Copy of Cancelled Cheque/Bank Statement/ Bank Passbook
- Copy of all medical reports like test reports, discharge summary or death summary.
- Attending Physician’s Statement Form
- Copy of FIR/Punchnama/Post Mortem Report
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
Reach us for help anytime
Bajaj Allianz Term Insurance
1800-209-7272Mon to Sat 9:00 AM to 7:00 PM