Claim Settlement Ratio of 99.23%~

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  • Home >
  • Life Insurance Claim Assistance

Quick, Simple and Hassle free

Claim Settlement Process
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Important Notifications
  • Expedited Claim Settlement Services for Victims of Pahalgam Tragedy
  • WE COVER COVID-19 CLAIMS*

Bajaj Allianz Life expresses heartfelt condolences to all the victims of the Pahalgam tragedy and their families. We stand with you in this difficult time. To support affected families, we have set up a special claims settlement desk to simplify and expedite the claims process.

  • Dial our toll-free number 1800-209-7272 for quick assistance.
  • Visit your nearest branch for immediate support.
  • Drop us an email at claims@bajajallianz.co.in for timely assistance.
  • Contact Nodal Officer, Mr. Suhas Vibhute on 020-66439027
  • Death caused due to COVID-19 is covered under all products.
  • COVID- 19 hospitalisation expenses will be covered under Care First/Family Care First*
  • *Health Insurance policies of Bajaj Allianz Life
3 Quick and Simple Steps to Process Life Insurance Claims
  • Claim Reporting
  • Claim Processing
  • Claim Settlement
Generate Form
Claim Processing
As the claim is processed, we ensure to keep you posted

Assessment of claims documents submitted

Updates via SMS through each stage of claims processing

Intimation via a call for any requirement of additional documentation

Reminder via letters, in case additional documents are not submitted within the stipulated time

Our claim Helpline,
TATA: 1800-209-7272

Claim Settlement

It’s our endevour to process all claims as early as possible to ensure life goals get back on track at the earliest. After receiving all required documentation, turn-around time for any claim received is as follows, as mandated by Insurance Regulation and Development Authority of India (IRDAI):

Process Input

TAT for Death claims

TAT for Health claims

Raising Claim Requirements

Within 15 days of receipt of claim

Within 15 days of receipt of claim

Settlement or Rejection or Repudiation of claims wherein Investigation is not required

Within 30 days from the date of receipt of last necessary document

Within 30 days from the date of receipt of last necessary document

Settlement or Rejection or Repudiation of claims wherein Investigation is required

Investigation should be completed not later than 90 days from the date of receipt of claim intimation and the claim shall be settled within 30 days thereafter

Investigation should be completed not later than 30 days from the date of receipt of last necessary document and the claim shall be settled within 45 days from the date of receipt of last necessary document

Documents
  • Death Claim
  • Critical illness Claim
  • Disability or hospitalization claims
  • Health Claim
  • Group Claim
  • PMJJBY

Mandatory documents required

  • Original policy documents

  • Attested copy of death certificate issued by local municipal authority

  • NEFT mandate form attested by bank authorities or copy of cancelled cheque or bank account passbook

  • Nominee's photo identity & address proof such as copy of Passport, Voter identity card, Aadhar (UID) card, etc.

Additional documents required on basis of cause of death (Download Form)

Medical/Natural death

 

  • Copy of Medical Records (Admission Notes, Discharge/ Death Summary, Test Reports etc.)

Accidental/Unnatural death

  • First Information Report (FIR) or Panchnama/Police complaint

  • Post Mortem Report

  • Final Police Investigation Report (if any)

Mandatory documents required

  • All Copies of Investigation Reports (Including Radiological Investigations during Hospitalization)

  • Nominee's photo identity and address proof such as copy of passport, voter Identity card, Aadhar( UID) Card etc.

  • NEFT Mandate Form attested by bank authorities or copy of cancelled cheque or bank account passbook.

  • Attending Physician Certificate Confirming Critical Illness Details

  • Copies of all treatment records (Discharge Summary, Hospitalization Indoor Papers, Consultation papers)

Additional documents (Accidental Hospitalization)

 

  • Copy of MLC/FIR
  •  

 

  • Copies of Indoor case papers (Wherever Applicable)
  •  

Mandatory documents required

  • Nominee's photo identity and address proof such as copy of passport, voter Identity card, Aadhar( UID) Card etc.

  • NEFT Mandate Form attested by bank authorities or copy of cancelled cheque or bank account passbook.

  • Copies of all treatment records (Discharge Summary, Hospitalization Indoor Papers, Consultation papers)

  • All Copies of Investigation Reports (Including Radiological Investigations during Hospitalization)

  • Attending Physician Certificate Confirming Disability Details

  • Copy of MLC/FIR Report

Additional documents (Accidental Hospitalization)

  • Certificate of Treating Doctor (Wherever Applicable).

Mandatory documents required

  • Original Claim Form

  • Copy of Policy Documents

  • Original Discharge Summary.

  • Original Hospitalization Final Bill & Laboratory bills

  • Original Hospitalization & Laboratory bill payment Receipts

  • All Original Investigation Reports( Including Radiological Investigations and Films during Hospitalization)

  • Nominee's photo identity and address proof such as copy of passport, voter Identity card, Aadhar( UID) Card etc.

  • NEFT Mandate Form attested by bank authorities or copy of cancelled cheque or bank account passbook.

  • Copies of Indoor case papers( Wherever Applicable)

Additional documents required (Accidental Hospitalization)

  • Copy of MLC/FIR

  • Copies of Indoor case papers( Wherever Applicable)

Mandatory documents required

  • Original Claim Form

  • Death certificate issued from Births & Deaths Registrar

  • Nominee cancelled cheque or bank account passbook copy.

  • Nominee KYC

  • First Information Report( FIR) or Panchnama/ Policy Compliants

  • Post Mortem Report

  • Final Police Investigation Report (If Any)

  • Affidivit (Incase of Nominee change)

  • Affidivit and MPH Declaration (Incase of LA Change)

Other Forms

Mandatory documents required for Accidental/Un-Natural Death

  • Death certificate issued from Births & Deaths Registrar

  • Death Claim Intimation Form

  • Nominee KYC

  • Nominee cancelled cheque or bank account passbook copy

  • Credit Account Statement (Incase of Split Payment)

  • Customer Authorization Letter (Incase of Split Payment)

  • Affidivit (Incase of Nominee change)

  • Affidivit and MPH Declaration (Incase of LA Change)

Mandatory documents required

  • Death certificate issued from Births & Deaths Registrar

  • Nominee NEFT Details

  • Nominee KYC

  • Affidivit (Incase of Nominee change)

  • Affidivit and MPH Declaration (Incase of LA Change)

Track Your Claim

Check your Life Insurance Claim Status



Is your claim already registered with us?
Please check your claim status online

CLICK HERE

Check your Health Insurance Claim Status

Check your Health insurance (Care First/Family Care First/Healthcare) claim status

Mail Us : balic.healthclaims@healthindiatpa.com

 

CLICK HERE

 Postal Address for Life Claim Submission / Communications:

Bajaj Allianz Life Insurance Co. Ltd.

Bajaj Allianz House, Airport Road,

Yerawada, Pune - 411 006,

Maharashtra

Tel No: 020-66026773

Mail Us : customercare@bajajallianz.co.in

 

Locate Nearest Branch

 

 Postal Address for Health Claim Submission / Communications:

HealthIndia Insurance TPA Services Pvt. Ltd.

Office No’s. 406-412, Fourth Floor, Neelkanth Corporate IT Park, Kirol Road, Opp. Vidyavihar Railway Station (W), Mumbai – 400086.

 

 Call Center Numbers:

Toll Free No (24*7):

1800 2201 02

Sr. Citizens Toll Free No.: 

1800 2269 70

Customer Care No:

(022) 40881000

Board No.:

(022) 66867575

Ensuring Seamless Claim Settlement Experience

Pay your premium amount regularly

Disclose all relevant information

Keep policy related documents safe & handy

Ensure Policy Information is correct & updated

Our Claims Record
A testimony of our promise to you.
99.29%
Individual Claims Settlement Ratio for FY 2024-2025~
1 Day
Claim Approval
2,99,162
Number of Individual claims processed from FY 2006-07 to FY 2024-25
7,281.76 Cr
Amount of Individual claims paid from FY 2006-07 to FY 2024-25

The Claims settlement ratio is the percentage of Insurance Claim settled compared to the total number of the claims received| So, with a claims settlement ratio of 99.29% for FY-2024-25, your trust comes through when you need us the most.| Get 1 day claim approval 7from Bajaj Allianz Life on the eligible policies | 796.70% 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 | *All figures as on 31st March, 2025 | For more details refer Bajaj Allianz Life Annual Report FY 24

Contact Us
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NRI Services Helpline

Calling FromPhone Number (Toll Free)
AUSTRALIA80037371371
CANADA
HONG KONG
ISRAEL
MALAYSIA
NEW ZEALAND
PHILIPPINES
SINGAPORE
THAILAND
UNITED KINGDOM
BRUNEI8014605
INDONESIA0018030160202
JORDAN080023194
OMAN80074363
TURKEY00800142030059
VIETNAM1800400070
UNITED STATES18339680951
Calling us from INDIA18002097272
Rest of the World+912067871700
(Call charges apply)

New Customer

Buy New Policy

@ 1800-209-4040

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

 

Email us on

websaleslife@bajajallianz.co.in

 

Premium Paid Online, Policy Not Issued

Assistance for Policies bought from website.

@ 1800-266-0350

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

 

Existing Customer

Service Related Assistance

@ 1800-209-7272

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

 

Email us on

customercare@bajajallianz.co.in

NRI Customer

Buy New Policy

+ 91-20-35125850
(Call charges apply)

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

 

Service Helpline

24/7 (All Weekdays)

 

Branch Locator

Bajaj Allianz Life Insurance Co. Ltd.

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

Tel No: 020-66026773

 

Branch Visit Timings:

Monday to Friday - 9:00 AM to 3:30 PM

Saturday - 9:00 AM to 1:00 PM

Locate Branch

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
₹1,23,734 Cr

Assets Under Management (AUM)**

Assets Under Management (AUM)
3.85 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 | %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 March, 2025 | ^^^Solvency ratio 359% as at 31 March 2025 against IRDAI mandated 150% | #Individual and group, as on 31 March, 2025.

Frequently Asked Questions

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I am a happy customer who is satisfied with the after sales service. I have full trust in Bajaj Allianz Life Insurance Company.
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Disclaimers:
Plus Symbol
Minus Symbol

The Claims settlement ratio is the percentage of Insurance Claim settled compared to the total number of the claims received

So, with a claims settlement ratio of 99.29% for FY-2023-24, your trust comes through when you need us the most.

Get 1 day claim approval 7from Bajaj Allianz Life on the eligible policies

796.70% 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 3PM on working day (excluding NON -NAV days from ULIP at Bajaj Allianz Life offices

*All figures as on 31st March, 2024 

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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, including via Voice over Internet Protocol & WhatsApp, SMS or WhatsApp messages, 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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Disclaimer

^Not available if policy issued after 30th May 2025 | *As on 28th March 2025 Past 5 Year CAGR returns in Benchmark Nifty 200 Alpha 30 Index. Please note that the fund aims to replicate the performance of benchmark index fund, subject to tracking error. Past returns of a fund are not necessarily indicative of the future performance of the fund. | Please consult the financial advisor before investing.

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. Bajaj Allianz Life Insurance Company Limited is only the name of the Life Insurance Company and Bajaj Allianz Life Smart Pension- A Unit -Linked, Non-Participating Individual Pension Plan (UIN- 116L209V01) is only the name of the unit linked insurance contracts and does not in any way indicate the quality of the contract, its future prospects or returns. 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.

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.

Nifty 200 Alpha 30 Index Pension Fund is available only with Bajaj Allianz Life Smart Pension- A Unit -Linked, Non-Participating Individual Pension Plan (UIN: 116L209V01).

In addition to other funds, Nifty 200 Alpha 30 Index Pension Fund is now available with Bajaj Allianz Life Smart Pension. Customer has an option to choose from other available funds apart from Nifty 200 Alpha 30 Index Pension Fund.

Death Benefit shall be the Fund Value, subject to a minimum of the 105% of Total Premiums Paid, as on the date of death.

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