Close Button Close Button
X
NRI Services Helpline

Calling FromPhone Number
Calling us from INDIA18002097272 (Toll Free)
Rest of the World+912067871700
(Call charges apply)

  • Home >
  • Life Insurance Awareness Campaign

Life Insurance Awareness Campaign


Sabse Pehle Life Insurance - What is It?
Close Button
Call to Buy Symbol

Call to Buy

1800-209-4040

X
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

X
Something 2

Some Text 2

Sabse Pehle Life Insurance

Life Insurance in India is gaining popularity as one of the preferred investment tools for achieving one’s Life Goals. With a bigger chunk of young population in the country and a longer span of post-retirement years due to higher life expectancy, the importance of life insurance has grown many fold.To boost the take-up rate of life insurance, the Life Insurance Council has brought in a new campaign called ‘Sabse Pehle Life Insurance’ which aims to highlight the benefits and importance of having adequate life insurance coverage for securing one’s life goals journey.

Frequently Asked Questions

1. What is Sabse Pehle Life Insurance?

Plus Symbol

Life Insurance Council has launched ‘Sabse Pehle Life Insurance’ campaign to increase awareness about the importance of life insurance in the country. The ‘Sabse Pehle Life Insurance’ campaign aims to convey the benefits of having life insurance coverage. The underlying message of the campaign is that when you are planning your finances, plan ‘Sabse Pehle Life Insurance’!

2. What is Life Insurance?

Plus Symbol

Life Insurance is one of the most preferred financial tool for achieving one’s life goals. Life insurance policy is a contract between an individual and the insurance company through which the insurance company agrees to pay sum assured to the beneficiary on the death of the life assured, provided the premiums have been paid. The protection offered through this assurance is important for all individuals as it enables them and their family to have a fulfilling life with financial security and encourages them to continue their life goals journey

3. Why should I buy life insurance?

Plus Symbol

Life insurance is one of the preferred way to achieve your and your family’s Life Goals by safeguarding your future. The benefits of life insurance include security and continuity of life goals, even if any unexpected event were to take place. In other words, having life insurance allows you to enjoy your life by focusing on your life goals instead of having to micro-manage and plan for every unpredictable event which may occur in the future.

4. What are the different types of life insurance plans available in India?

Plus Symbol

Life insurance plans comes in various forms catering to different life goals and needs of individuals, ranging from child’s education to retirement goal, or health goals to any other key milestone in an individual’s life. There’s something for everyone. The major types of life insurance are as follows.

● Whole life insurance plans

● Term life insurance plans

● Unit linked insurance plans

● Health insurance plans

● Child insurance Plans

● Retirement plans

5. What is a term plan?

Plus Symbol

Term plans are typically the purest form of life insurance. On the event of the life assured’s death, these plans pay a sum assured to the beneficiary to provide a financial cushion in the bread earner’s absence. Having a term plan helps in safeguardingyour and your family’s life goals without letting future unpredictability get in the way of achieving one’s goals.

Term plans are considered the cheapest form of life insurance as compared to other insurance plans.

6. What is a unit-linked insurance plan?

Plus Symbol

Unit-Linked Insurance Plans or ULIPs is one of the preferred mode of investment to meet your dual needs of insurance cover and wealth creation. These plans utilize a part of the premiums to offer you life cover while the other part goes to market linked funds.

ULIPs are emerging as a preferred investment choice for customers today due to the benefits that they offer including tax benefits. ULIPs also provide customers the flexibility to choose the funds they want to invest in as per their risk appetite and the option to switch between those funds to optimize their returns. In this way, you can diversify your investment to ensure maximum returns.

7. What is a retirement plan?

Plus Symbol

Retirement plans or pension plans from life insurance companies help you build a corpus for your retirement years. Through a retirement plan, you can invest during your earning years, benefit from the returns generated over the long term, thus accumulating a corpus that helps you sustain your post-retirement life and at the same time achieve your retirement goals. Further, by investing in an annuity product in the post-retirement stage, you can get a regular monthly income to meet your daily lifestyle needs post retirement.

8. When should I buy life insurance?

Plus Symbol

If you are wondering when you should buy your first life insurance policy, correct answer is that you should be buying it right now, irrespective of your life-stage. Life insurance is important as it offers you security and financial independence even during your non-earning years.

Also, life insurance premiums are relatively cheaper when bought early on in life. It’s easier to live your best life with life insurance coverage than without it.

Read All
© Copyright 2023. Bajaj Allianz Life Insurance Co. Ltd. All Rights Reserved.
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.
IRDAI Public Notice on Spurious calls
Fraud Prevention Tips
Fraud Awareness Booklet
Bajaj Allianz Life Insurance Co. Ltd. All Rights Reserved. | IRDAI Reg. No. 116 | An ISO 9001:2015 and ISO 27001:2013 Certified IT Department
Contact Us

Sales: 1800-209-4040 (Toll Free) | Service: 1800-209-7272 (Toll free)

Email: customercare@bajajallianz.co.in

Registered Office Address

Bajaj Allianz House, Airport Road, 

Yerwada, Pune, Maharashtra - 411006

Download Mobile App
Follow Us On
Life Insurance Plans
Tools & Calculators
Insurance Coverage Plans
Insurance for All
Affordable Term Plans
Policy Term Plans
Insurance Guide for Women
Know More
Customer Service
Life Insurance Guide
Customer Support
Announcements
Distribution Channels List
Tools & Support

© Bajaj Allianz Life Insurance Co. Ltd. All Rights Reserved. | IRDAI Reg. No. 116 | An ISO 9001:2015 and ISO 27001:2013 Certified IT Department

CIN: U66010PN2001PLC015959 | Registered Office Address: Bajaj Allianz House, Airport Road, Yerawada, Pune-411006, Maharashtra

Email: customercare@bajajallianz.co.in | Tollfree: 1800 209 7272

Disclaimer: Images used on this website and the models photographed in them are for representative purposes only and are not indicative of anyone's personal thoughts or ideas.

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.

Website Compatible Browsers: IE11, Firefox, Safari, Opera, Chrome

Disclaimer

For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. The terms and conditions of product/plan as contained in the Policy Document issued by the Company is available on the Web Site. The names of the Company, Products/Plans/funds do not indicate the quality and its future prospects or returns. IN ULIPs, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. Unlike traditional products, Unit linked insurance products are subject to market risk, which affect the Net Asset Values & the customer shall be responsible for his/her decision. Tax benefits are as per the prevailing Income Tax Laws including the Income Tax Act, 1961 and are subject to change from time to time. Goods and Services Tax will have to be borne by the Policyholder as per applicable rates. All other charges shall be levied in accordance with the terms and conditions of the policy.

This calculation and results displayed are based on information provided and certain assumptions about the rates of return. It is for assistance only and does not constitute an offer or solicitation. It is not intended to be and must not alone be taken as the basis for an investment decision. Kindly note that the returns are only illustrative and they are not guaranteed. The returns do not indicate the upper or lower limits of the return that you may get with your policy and the value is dependent on a number of factors including future performance. Bajaj Allianz Life Insurance Company Limited shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information reported by the calculator.

1©2021 Morningstar. All Rights Reserved. The Morningstar name and logo are registered marks of Morningstar, Inc. The information, data, analyses and opinions ("Information") contained herein: (1) include the proprietary information of Morningstar and its content providers; (2) may not be copied or redistributed except as specifically authorized; (3) do not constitute investment advice; (4) are provided solely for informational purposes; (5) are not warranted to be complete, accurate or timely; and (6) may be drawn from fund data published on various dates and procured from various sources. Morningstar, its affiliates, and its officers, directors and employees shall not be liable for any trading decision, damage or any other loss arising from using the Information. Please verify all of the Information before using it and do not make any investment decision, except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up

Disclaimer
close
Ask for an Agent
Sign up for personal visit and tailored advice from our expert agents

Claim Settlement Ratio of 99.29%~