Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin
Hurry Up!
Save upto ₹54,600 in taxes under 80C & 80D. Buy a term insurance plan now!
View Plans

Bajaj Allianz Term Insurance Claim Settlement

46 reviews Rate This
Claim Settlement Ratio98.48%
Customer Care9:00 AM to 7:00 PM
Death Benefit Paid For11,887 Policies
Presence759 Branches
Total Death Benefit PaidRs. 310.71 Crore

Term Life Insurance Premium Calculator


  • Male
  • Female

Date of Birth


Do you smoke or chew tobacco?

  • Yes
  • No

Choose required coverage to secure your family’s future

Disclaimer :
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
    Tax Free
    1 Cr
Starting From 707/Month
24hr Claim Settlement
Key Features:
  • Zero Cost Benefit
  • Terminal Illness
  • Nominee's Choice payout
  • Voluntary Top Up
  • Tax Benefits
    Tax Free
    1 Cr
Starting From 857/Month
24hr Claim Settlement
Key Features:
  • Waiver of Premium on Disability
  • Terminal Illness
  • Life Stage Benefit
  • Tax Benefits
    Tax Free
    1 Cr
Starting From 771/Month
24hr Claim Settlement
Key Features:
  • Tax Benefits
  • Terminal illness
See More Plans

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.

  • How To Make Claim

    Bajaj Allianz Life Term Insurance Claim Settlement Process

    The claimant can request for the claim and submit it at any branch office of Bajaj Allianz Life. The nominee or claimant can visit the website of Bajaj Allianz Life to generate and download their claim intimation form. Bajaj Allianz Life term insurance claim settlement process is hassle-free.

    The process is as follows:

    Step 1: Claim Reporting

    The nominee/claimant needs to fill a form online on the Bajaj Allianz Life website and download it. Along with the form the nominee/claimant needs to attach the required documents and submit the form and documents at any nearest Bajaj Allianz Life Insurance branch.

    Step 2: Claim Processing

    At this stage the claim documents are assessed to avoid any possibility of deceit and to make sure that if any additional documents are needed they are submitted immediately.

    Step 3: Claim Settlement

    Once the required documents are collected and claims are assessed, the claim benefit amount is paid out to the nominee/claimant after a careful examination of the claim.

  • 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

Bajaj Allianz Term Insurance User Reviews

Write your review
What users are saying
  • All
  • I would highly recommend InsuranceDekho to anyone looking for term insurance. The entire purchase process of t...

    Read More
    Bajaj Allianz
    By Jagdish Keshari
    On: Oct 31, 2023
  • InsuranceDekho's transparency in policy details made me confident in my choice of securing the Bajaj Allianz T...

    Read More
    Bajaj Allianz
    By Tina Fernando
    On: Oct 26, 2023
  • InsuranceDekho provides a wide range of term insurance plans to choose from. It was easy to find the Bajaj All...

    Read More
    Bajaj Allianz
    By Karan Rajpal
    On: Oct 18, 2023
  • Whenever I've had questions or needed assistance for my Bajaj Allianz Term Insurance Policy, InsuranceDekho's ...

    Read More
    Bajaj Allianz
    By Ramadevi Kutty
    On: Oct 03, 2023
  • The Bajaj Allianz Term Insurance Policy terms are crystal clear, and there are no hidden surprises with Insura...

    Read More
    Bajaj Allianz
    By Namita Jahan
    On: Sep 15, 2023
Must BuyMust Buy

Why to Buy Term Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 1,50,000*
  • Claim support everyday 10AM-7PM
  • 50 Lacs+ happy customers

Bajaj Allianz Term Insurance Contact Details

Reach us for help anytime

Claim Process at Bajaj Allianz Term Insurance

  • 1

    Claim Intimation

    In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
  • 2

    Submission of Documents

    Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
  • 3

    Claim Evaluation

    Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

Best Insurance Advisors in Your City.

Find the right Bajaj Allianz Term Insurance for you
By clicking, I agree to *terms & conditions  and privacy policy.