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Why Bajaj Allianz Life Insurance ?

Bajaj Allianz Life, one of India's leading Private Life Insurers, is committed to offering value-packed and innovative products to help you achieve your Life Goals.

99.29%

Claim Settlement Ratio~

Claim Settlement Ratio
1 Day

Get 1 Day Claim Approval%

One Day Claim Approval
AAA

Stable Rating by CARE$$

CARE Stable Rating
₹1,26,434 Cr

Assets Under Management (AUM)**

Assets Under Management (AUM)
3.78 Cr

Number of Lives Covered#

Number of Lives Covered
359%

Solvency Ratio of 359%^^^

Solvency Ratio
Claim Settlement Ratio 2024-25

Disclaimer:~Individual Death Claim Settlement Ratio for FY 2024-2025 | %99.29% of non-investigative individual claims approved in one working day for FY 2024-25. 1 day is counted from date of intimation of claim before 3 PM on a working day (excluding Non-NAV days for ULIP) at Bajaj Allianz Life offices. 96% of non - investigative claims notified were processed within one day in FY’25 | $$For details refer to press release published by CARE | **All figures as on 30th April, 2025 | ^^^Solvency ratio 359% as at 31 March 2025 against IRDAI mandated 150% | #Individual and group, as on 30th April, 2025.

Customer Speaks

Helpful, Best Policy
The reason to choose Bajaj Allianz life insurance is because of the claim settlement ratio and the easy after sales support which Bajaj Allianz life insurance provides. The process is speedy and the customer support provides 360 information on term insurance policy. All the term insurance variants were well explained by the Bajaj team with or without accidental death benefit and critical illness benefit.
Ankurjit Singh
5
Seamless experience
I am a happy customer who is satisfied with the after sales service. I have full trust in Bajaj Allianz Life Insurance Company.
Rahul Kumar
4.5
Great experience
Bajaj Allianz Life Insurance provides a seamless experience when it comes to buying term plan. The customer representative explained the term plan product to me in my native language and the doubts regarding Claim Settlement Ratio, Term Premium calculator, Term Plan Premium Payment terms and Exit value. I was completely unaware about the checklist to have while buying term plan but Bajaj Allianz Life Insurance made it very easy , fast & trustworthy process
Aneri Dudhia
4.5
Helpful, Best Policy
Bajaj Allianz Life Insurance Policy purchase journey is quite smooth and fast for buying term plan. Health Check-up and medicals happened quickly and timely. The support team also guides me at each and every step for buying the term plan. All the term plan variants were explained by the sales team and what is recommended as per my income level.
Nandkumar Permumal
5
Disclaimers:
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BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS -

IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

Risk Factors and Warning Statements: Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz Life ACE, Bajaj Allianz Life Guaranteed Protection Goal II, Bajaj Allianz Life Assured Wealth Goal Platinum, Bajaj Allianz Life Invest Protect Goal III, Bajaj Allianz Life Future Wealth Gain IV, Bajaj Allianz Life Magnum Fortune Plus III, Bajaj Allianz Life Guaranteed Wealth Goal are the names of the company and the products respectively and do not in any way indicate the quality of the product and its future prospects or returns. Bajaj Allianz Life ACE - A Non-Linked, Participating, Individual Life Insurance Savings Plan (UIN:116N186V03), Bajaj Allianz Life Guaranteed Pension Goal II is A Non-Linked Non-Participating Immediate & Deferred Annuity Plan (UIN: 116N187V05), Bajaj Allianz Life Assured Wealth Goal Platinum is a Non-Linked, Non-Participating, Individual, Life Insurance Savings Plan (UIN:116N188V05), Bajaj Allianz Life Invest Protect Goal III is a Unit-Linked Non-Participating Individual Life Savings Insurance Plan (116L205V01), Bajaj Allianz Life Future Wealth Gain IV is a Unit-Linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L202V01), Bajaj Allianz Life Magnum Fortune Plus III, A Unit-Linked Non-Participating Individual Life Savings Insurance Plan (UIN:116L207V02), Bajaj Allianz Life Guaranteed Wealth Goal is A Non-Linked, Non-Participating, Individual, Life Insurance Savings Plan (UIN: 116N200V05). | Bajaj Allianz Life Insurance Co. Ltd. Regd. Office Address: Bajaj Allianz House, Airport Road, Yerawada, Pune - 411006, Reg. No.: 116, CIN: U66010PN2001PLC015959, Call us on toll free No.: 1800 209 7272, Mail us: customercare@bajajallianz.co.in. The Logo of Bajaj Allianz Life Insurance Co. Ltd. is provided on the basis of license given by Bajaj Finserv Ltd. to use its "Bajaj" Logo and Allianz SE to use its "Allianz" logo. For more details on risk factors, terms and conditions please read sales brochure & policy document (available on www.bajajallianzlife.com) carefully before concluding a sale. All charges/ taxes, as applicable, will be borne by the Policyholder.

 

The Unit Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender or withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year.

 

ULIPs are different from the traditional insurance products and are subject to the risk factors. The premium paid in ULIPs are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document issued by the insurance company. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.

The risk factors of the bonuses projected under the product are not guaranteed | Past performance of the Company doesn't construe any indication of future bonuses | The product is subject to the overall performance of the Company in terms of investments, management of expenses, mortality and lapses.

1The minimum monthly premium mentioned is applicable for Bajaj Allianz Life Invest Protect Goal III, a Unit-Linked, Non-Participating, Individual Life Savings Insurance Plan (UIN: 116L205V01). This premium is applicable only when the premium payment term is greater than or equal to 8 years and is subject to the terms and conditions of the policy.

 

BJAZ-OT-EC-15254/25

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Terms & 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

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Claim Settlement Ratio of 99.29%~