Life Goals Loading…

    11

    Notifications11

    • Convert Your Saving into Investments to Fulfil Future Life Goals.

      CALCULATE NOW
    • Get Life Cover worth Rs.1 Crore at Rs.18 per day2 – Bajaj Allianz Life Smart Protect Goal

      PLAN NOW
    • Fulfill your Life Goals with Bajaj Allianz Life Goal Assure

      PLAN NOW
    • Life Insurance Term Plan with Return Of Premium

      WATCH NOW
    • Get your Life Goals Done with Bajaj Allianz Life Smart Assist – BINA MILEY MIL-KAR

      KNOW MORE
    • Checkout Quarterly Market & Macro Overview - Oct'20

      KNOW MORE
    • Is your weight right according to your height?

      Calculate BMI Now
    • Find out your Immunity Score right away!

      Calculate Now
    • How much Insurance do I need

      KNOW MORE
    • Paying your Renewal Premium is Quick and Easy!

      Pay Now
    • CIO commentary on RBI Monetary Policy: October 2020

      READ MORE

    Looking for a Term Plan?

    Get Exclusive Discount on online purchase^

    Have us call you

    Please enter a Name
    Please enter a Mobile No.

    ^3% Discount is available for regular premium and limited premium payment frequency under all variants of Bajaj Allianz Life Smart Protect Goal A Non Linked, Non-Participating Pure Life Term Insurance Plan.

    Please select a option
    Please select a option

    Thanks for sharing your details, A Sales representative from
    Bajaj Allianz Life will contact you shortly.

    Dear Customer, we request you to connect with us in our next business working hours, (Monday to Saturday 24*6) Thank you, Have a great day ahead

    Have Us Call You

    Get your Life Goals Done

    Have us call you

    Please enter a Name
    Please enter a Mobile No.
    Please select a option

    About Us

    Your Life Goals Enabler

    Why you should choose Bajaj Allianz Life

    About Bajaj Allianz Life Insurance Company Limited

    Bajaj Allianz Life is one of the leading private life insurance companies in India. The Company is a partnership between two powerful and successful entities in their own right – Bajaj Finserv Limited, one of India’s most diversified non-banking financial institution and Allianz SE, one of world’s leading asset manager and insurer.

    Commencing its operations in 2001, Bajaj Allianz Life has in less than two decades expanded its presence across the country. It serves millions of customers through its 524 branches, 70,000+ agents (as on 30 Sept 2020), and comprehensive set of trusted partners and via its online sales channel. The Company’s brand promise of Life Goals Done drives it to launch innovative insurance solutions, including the revolutionary RoMC (Return of Mortality Charges), a feature in some of its new-age ULIPs, and thereby becoming the first company to do so. Bajaj Allianz Life has constantly transformed to offer tech-enabled state-of-the-art services to enhance customer delight. The Company continues to engage with customers through several unique platforms, and has secured a place in the Guinness Book of World Records with the Bajaj Allianz Life Plankathon 2020.

    Vision & Culture

    Mission 2022

    To become undisputed leader amongst non-bank promoted life insurance companies in Top-line and Profitability.

    Promoters

    Name of Promoters % of Holding
    Bajaj Finserv Ltd. 74
    Allianz SE 26

    BFS: https://www.bajajfinserv.in/corporate-bajaj-finserv#

    Bajaj Finserv Limited deals with financial services of the Bajaj Group. Its core businesses are spread across Lending, Insurance and Wealth Advisory.

    The two insurance companies, Bajaj Allianz General Insurance Company and Bajaj Allianz Life Insurance Company, are joint ventures with Allianz SE, Germany. Bajaj Finserv is the majority partner in the JV and the two companies individually manage operations in general and life insurance spaces.

    The comprehensive life insurance solutions, technical expertise and experience of Allianz SE combines with the in-depth market knowledge and goodwill of "Bajaj" brand in India. Competitive pricing and customized life insurance solutions have earned Bajaj Allianz Life the customer's trust and market leadership in a very short time. Bajaj Allianz Life Insurance has developed life insurance solutions that cater to every segment and age-income profiles. Currently Bajaj Allianz Life has a strong life insurance portfolio and caters to all kinds of customer needs from ULIPs to Child plans, from group insurance to health insurance. Bajaj Allianz General Insurance has developed general insurance solutionsthat cover a wide range of needs, from health insurance, to motor insurance, to home and travel insurance, and more.

    Allianz: https://www.allianz.com/content/dam/onemarketing/azcom/Allianz_com/about-us/who-we-are/documents/1808-en-Allianz-Factsheet-english.pdf

    The Allianz Group is a global financial services provider with services predominantly in the insurance and asset management business. 88 million retail and corporate clients in more than 70 countries rely on our knowledge, global presence, financial strength and solidity. In fiscal year 2017 over 140,000 employees worldwide achieved total revenues of 126.1 billion euros and an operating profit of 11.1 billion euros. Allianz SE, the parent company, is headquartered in Munich, Germany.

    Associated Companies

    The Board Members

    Sr. No Name of Director Role/Designation
    1 Mr. Sanjiv Bajaj Chairman
    2 Mrs. Ritu Arora Director
    3 Mr. Niraj Bajaj Director
    4 Mr. Sergio Balbinot Director
    5 Mr. Meleveetil Damodaran Director
    6 Mr. Ranjit Gupta Director
    7 Mr. Suraj Mehta Independent Director
    8 Mrs. Lila Poonawalla Independent Director
    9 Mr. Anami Roy Independent Director
    10 Mr. Shashi Kant Sharma Independent Director
    11 Mr. S Sreenivasan Director
    12 Mr. Avais Karmali Alternate Director for Mr. Sergio Balbinot
    13 Mr. Tarun Chugh Managing Director Chief Executive Officer

    Key Management PersonsPursuant to Corporate Governance Guidelines of IRDAI

    • Mr. Tarun Chugh

      Mr. Tarun Chugh

      Managing Director and Chief Executive Officer

      About

      Mr. Tarun Chugh

      Tarun Chugh is the MD & CEO at Bajaj Allianz Life Insurance. He joined the company in April 2017. A seasoned industry veteran, he has over 22 years experience in financial services space, including over twelve and a half years experience in the Indian Life insurance sector.

      Tarun is a familiar figure in the Indian life insurance sector, having headed general management and strategic roles as Managing Director and Chief Executive Officer of PNB Metlife India Life Insurance Company in February 2014. Tarun has also handled various responsibilities in sales, distribution, branch operations and marketing in ICICI Prudential Life Insurance.

      Tarun passed out as an engineer from IIT Delhi and completed his Post graduation in management from IIM, Lucknow in 1994.

    • Mr. Bharat Kalsi

      Mr. Bharat Kalsi

      Chief Financial Officer

      About

      Mr. Bharat Kalsi

      Bharat Kalsi is the Chief Financial Officer at Bajaj Allianz Life. He joined the Company in October 2019 and is responsible for all the aspects of Finance, Infrastructure and Administration.

      Bharat brings with him over 20 years of experience across the BFSI and technology sectors, having led Finance & Accounts, Business Planning, FP&A, Corporate Strategy, Treasury and Investor Relations functions as a financial expert, and an astute numbers-driver leader.

      Prior to joining Bajaj Allianz Life, Bharat was with Tata AIA Life Insurance as the Chief Strategy Officer, responsible for their Corporate Strategy, M&A, Distribution Commercials, Business Analytics, BIU & Marketing functions. In his earlier stints Bharat has worked with Max Life Insurance, Canara HSBC OBC Life Insurance, Aviva Life Insurance and the HCL Group.

      Bharat is a Certified Public Accountant (CPA) from US, and a Chartered Financial Analyst (CFA) from ICFAI. He holds a MBA degree in Finance from Institute of Management Technology Ghaziabad.

    • Mr. Anil P.M.

      Mr. Anil P.M.

      Head - Legal & Compliance and Chief Compliance Officer

      About

      Mr. Anil P.M.

      Anil is currently heading the Legal & Compliance function for Bajaj Allianz Life Insurance Co. Ltd.

      He has been associated with the Company since February 2017. Anil is a seasoned legal & compliance leader with around twenty years of rich experience having substantive exposure & expertise in most areas of laws, regulations, statutes, corporate governance, trademarks, service marks, intellectual property rights & more.

    • Mr. Sampath Reddy

      Mr. Sampath Reddy

      Chief Investment Officer

      About

      Mr. Sampath Reddy

      Sampath Reddy is the Chief Investment Officer at Bajaj Allianz Life Insurance. He has been associated with the organization since August 2007, and has been managing funds for the firm since then.

      Prior to Bajaj Allianz, Sampath worked for nearly 10 years as a Fund Manager and Analyst with Principal PNB Asset Management, Hedge Fund - Voyager, HSBC Securities & Capital Markets and ABN Amro Asia Equities.

      Sampath holds a degree in engineering from College of Engineering, Hyderabad, and MBA from ICFAI Business School, Hyderabad. He is also a CFA charter holder from the CFA Institute, USA.

    • Mr. Rajesh Shanoy

      Mr. Rajesh Shanoy

      Company Secretary

      About

      Mr. Rajesh Shanoy

      Rajesh Shanoy is the Company Secretary at Bajaj Allianz Life Insurance. He joined the organisation in April 2017. Prior to joining this Company he has worked with Bajaj Finance Limited for more than 5 years.

      Rajesh has more than 15 years' experience in handling matters related to SEBI and corporate laws, company secretarial, legal, financial, cost and management accounting. He has also worked with leading listed companies in directional media and manufacturing space.

      Rajesh is a Commerce Graduate, Company Secretary and Cost Accountant by qualifications.

    • Mr. Avdhesh Gupta

      Mr. Avdhesh Gupta

      Appointed Actuary

      About

      Mr. Avdhesh Gupta

      Avdhesh Gupta is the Appointed Actuary at Bajaj Allianz Life Insurance. He joined the company in June 2019 and is responsible for Actuarial Valuations, Shareholder Reporting, Product Pricing and Financial Risk. 

      Avdhesh brings with him over 12 years of experience in the actuarial domain. Prior to joining Bajaj Allianz Life, Avdhesh worked with PricewaterhouseCoopers as the Principal Consultant in actuarial services. In his earlier stints, he has led multiple roles at Aegon Life Insurance Company, SwissRe and HSBC. 

      Avdhesh is a Fellow of the Institute of Actuaries of India (FIAI) and Institute & Faculty of Actuaries, UK (FIA). He completed his MSc in Actuarial Management from Cass Business School, London.

    Financial Information

    Select year
    2018
    Select Quarter
    QTR1

    Annual Report

    Select year
    2018
    Select Quarter
    QTR1

    Corporate Governance

    Select year
    2018
    Select Quarter
    QTR1

    Active Agent List

    Select year
    2018
    Select Quarter
    QTR1

    Stewardship Disclosure

    Select year
    2018
    Select Quarter
    QTR1

    '
    Corporate Policies

    Corporate
    Policies

    Contact Us

    Bajaj Allianz Life Insurance Company Ltd.

    Bajaj Allianz House, Airport Road, Yerawada, Pune - 411 006, Maharashtra

    Tel No: 020-66026773

    Fax No: 020-66026789

    Branch Visit Timings:

    Weekdays - 9:00 AM to 3:30 PM

    Customer Care Helpline:

    1800-209-7272

    Monday to Saturday: 9:00 AM to 7:00 PM (IST)

    For NRI: +91 20 67871700 (Call charges apply)

    Monday 07.00 AM to Sunday 07.00 AM

    Sales Enquiry Helpline:

    1800-209-4040

    Monday to Saturday: 9:00 AM to 7:00 PM (IST)

    For NRI: +91 20 67688888 (Call charges apply)

    Monday to Saturday: 9:00 AM to 7:00 PM (IST)

    Find Us Online

    Find some important Customer Service links

    Disclaimer : We take privacy seriously. Bajaj Allianz Life does not share your personal information with any third party. Please read our Privacy Policy here.