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Get Life Cover worth Rs.1 Crore at Rs.17 per day2 – Bajaj Allianz Life Smart Protection Goal
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READ MORETerms & Conditions
I hereby authorize Bajaj Allianz Life Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) or on National Do Not Call Registry (NDNC), any call made, SMS or WhatsApp sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business
Please refer to BALIC Privacy Policy
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.
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.
Sr. No | Name of Director | Role/Designation |
---|---|---|
1 | Mr. Sanjiv Bajaj | Chairman |
2 | Mrs. Ritu Arora | Director |
3 | Mr. Niraj Bajaj | Director |
4 | Mr. Apurva Diwanji | Independent Director |
5 | Justice Sanjay Kishan Kaul (Retd.) | Director |
6 | Dr. Srinivasa Rao Nagarjuna | Director |
7 | Mr. Anami Roy | Independent Director |
8 | Mr. Sanjiv Sahai | Independent Director |
9 | Mr. S Sreenivasan | Director |
10 | Mr. Anup Wadhawan | Independent Director |
11 | Mrs. Renate Wagner | Director |
12 | Mr. Jan-Christian Rosemeyer | Alternate Director for Mrs. Renate Wagner |
13 | Mr. Tarun Chugh | Managing Director Chief Executive Officer |
Notes -
We are proud to share that Bajaj Allianz Life has been awarded the Finnoviti Award 2024 for our Humanoid Ecosystem by Banking Frontiers.
This recognition is a testament to our relentless pursuit of innovation and excellence and we are committed to continually enhancing our services to meet and exceed customer expectations.
Our MD & CEO, Mr. Tarun Chugh, has been recognised as one of "The Most Promising Business Leaders of Asia 2024" by ET Edge , a prestigious accolade highlighting his exemplary leadership qualities. The recognition was conferred for his transformational and visionary leadership style that has enabled Bajaj Allianz Life to become one of the leading private life insurers in the country.
Bajaj Allianz Life has once again been honoured as the 'Best Employer India 2023' by Kincentric for the third consecutive year. Additionally, we are proud to announce our inclusion in the prestigious India Best Employers Club for the year 2024.
This award highlights our commitment to fostering a workplace culture that values innovation, diversity, and employee well-being.
Bajaj Allianz Life ACE has been recognized with the 'Most Innovative Product Award' (Life Insurance Category) at The Navbharat BFSI Summit and Awards 2023.
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Disclaimer : We take privacy seriously. Bajaj Allianz Life does not share your personal information with any third party. Please read our Privacy Policy here.
##Our policy covers COVID 19 claims subject to policy terms and conditions being met
35% Discount applicable for customer's first individual life insurance policy, applicable only on first year’s premium. | 5% Discount for salaried customers, applicable only on first year’s premium. | 1% Discount on online purchase is available for regular premium payment and limited premium payment frequency.
2Above illustration is for Bajaj Allianz Life Smart Protection Goal - A Non Linked, Non Participating, Individual Life Insurance Term Plan (UIN: 116N174V01) considering Male aged 25 years | Non-Smoker | Standard Life | Policy term (PT)– 30 years | Premium Payment Term (PPT) – 30 years | Sum Assured opted is Rs. 1,00,00,000 | Online Channel | Excluding Salary rebate and Insurance for All discount | medical rates | Annual Premium Payment Mode | Premium shown above is exclusive of Goods & Service Tax/any other applicable tax levied, subject to changes in tax laws, and any extra premium and is for illustrative purpose only.
1Tax benefits as per prevailing Section 10(10D) and Section 80C of the Income Tax Act shall apply. You are requested to consult your tax consultant and obtain independent advice for eligibility before claiming any benefit under the policy.
#Individual & Group
$For details refer to press release published by CARE
~Individual Death Claim Settlement Ratio for FY 2023-2024