Claim Settlement Ratio of 99.23%~

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Bajaj Allianz Life Group Employee Benefit

A Unit-Linked, Non-Participating, Group Savings Insurance Plan

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Annual Income (in ₹ lakhs)
< 2.5 2.5-5 5-7.5 7.5-10 10-15 15-20 >20
Tobacco/Nicotine*
Life Cover
Cover till Age
Pay Premium
Premium Amount(Incl. GST)
₹ 80,615/Annually
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Our Group Employee Benefit plan allows you to offer benefits to your employees as part of your statutory or employee welfare requirements. Your financial obligations towards such requirements increase with increase in number of employees, their pay scales and tenure of employment.

Our plan helps you to make provision to meet your obligations by helping you to set and manage your funds for gratuity, leave encashment, employee welfare, post-retirement medical benefits (PRMBS) and superannuation benefits of your employees.

Presenting Bajaj Allianz Life Group Employee Benefit plan is a Unit linked, non-participating, fund based multi–featured life, group insurance plan which gives you – ‘A Complete Employee Benefit Solution’.

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Policy Document & Customer Information Sheet

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Why Bajaj Allianz Life Insurance ?

99.23%
Claim Settlement Ratio~
1 Day
Claim Approval%
AAA
CARE Stable Rating$
₹1,21,338 Cr
Assets Under Management (AUM)**
4.09 Cr
Number of Lives Covered#
432%
Solvency Ratio of 432%^

Disclaimer:~Individual Death Claim Settlement Ratio for FY 2023-2024 | %96.70% of non-investigative individual claims approved in one working day for FY 2023-24. 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 | $For details refer to press release published by CARE | **All figures as on 31 August 2024 | ^Solvency ratio 432% as at 31 March 2024 against IRDAI mandated 150% | #Individual & Group.

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I have invested in various products of Bajaj Allianz Life Insurance - I am happy with the services, returns and diversified product portfolio.
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I am a 7 year old customer of Bajaj Allianz Life Insurance and very happy about the services.
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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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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

 

Please refer to BALIC Privacy Policy

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