Bajaj Allianz Life Insurance-Policy Reviews and Premiums

About Bajaj Allianz Life Insurance Company

Bajaj Allianz General Life Insurance Company Limited is a joint venture between Bajaj Finserv Limited (recently demerged from Bajaj Auto Limited) and Allianz AG where the equity shares are divided as 74% and 26% between the two stakeholders. This insurance company has the advantage of being etched in the Indian minds due to its parent Indian company Bajaj Auto Limited which is one of the leading automobile companies in India.

Allianz Group is a leading financial services provider present in more than 70 countries with a history dating back to 110 years.

Bajaj Finserv Limited is one of the leading financial services providers in India with a presence in the field of life insurance, general insurance and consumer finance. Bajaj Finserv Limited has recently demerged from Bajaj Auto Limited.

Bajaj Allianz Life Insurance is one of the first insurance companies to provide an insurance plan specifically for the women who are not only the home makers but also care takers of the family.

Bajaj Allianz Product Portfolio

The list below gives an insight on the various insurance policies offered by Bajaj Allianz to the varied consumers of diverse age groups:

(a) Retirement Plan/Pension Plan: Retirement from job does not mean you retire from your life. So to make your retirement a happy phase of your life, opt for a retirement plan that would result in providing you a secure and steady income after retirement so as to make you financially stable and meet your daily needs even after you retire. The pension plans offered by Bajaj Allianz are Bajaj Pension Guarantee and Swarna Vishranti insurance plans.

(b) Child Plan: To give your child a competitive edge in today’s world, it is necessary that you think wisely today and invest in a good child plan. The child plan allows you to invest a certain amount today which would take care of your child’s future needs such as education, marriage plans etc. The child plan offered by Bajaj Allianz is Bajaj Allianz Child Gain.

(c) Term Plan: In today’s time of high uncertainty, it’s better to take a step in the present and invest smartly. This way you can be tension free and can enjoy your present as well as future. An investment in term plan would result in making your family’s future secure in case of your sudden demise. The term plans offered by Bajaj Allianz are New Risk Care II, Bajaj Allianz Protector Plan, Bajaj Allianz Term Care and Bajaj Allianz iSecure More.

(d) Investment Plan/ULIP: ULIP plans provide a relatively higher yield vis-a-vis typical savings instruments viz. Bank Fixed Deposits, Bank Recurring Deposits, etc. ULIPs are an investment instrument with longer term horizon and help build funds for the future needs. ULIPs offered by Bajaj Allianz are Assured Protection Insurance Plan, Bajaj Allianz Max Advantage Insurance Plan, iGain III, Wealth Insurance Plan, Shield Insurance, Invest Gain, SaveCare Economy SP, Life Time Care, Super Saver, Cash Gain.

(e) Health Plan: A medical emergency can leave you baffled and worried not only about the health of your loved one but also regarding the money to fund the medical treatment. To avoid it, it’s better to invest in a health plan that takes care of your hospital bills while you take care of your loved ones. Health insurance plans helps you cover the expenses of medical treatment.  The health plans offered by Bajaj Allianz are Health Care and Family Care First

(f) Women Insurance Plan: They are amongst the few insurance companies who have realised the importance of contribution of women and have specifically designed an insurance plan for women who are not only the homemakers but also the care takers of the family. Under this scheme, the woman life assured has the option of buying any one of the below  given two riders (additional covers) with a minimum sum assured being Rs. 50,000 and maximum being Rs. 10 lakhs.

• UL MahilaGain I – UL MahilaGain I plan provides Critical Illness benefit, Reconstructive Surgery Benefit for Breast(s) due to Breast Cancer, Congenital Disability Benefit and Complications of Pregnancy Benefit.
• UL MahilaGain II - UL MahilaGain I plan just provides Critical Illness benefit and Reconsructive Surgery Benefit for Breast(s) due to Breast Cancer.

Bajaj Allianz Insurance Management Team

The company is successful moving ahead to be the number one private life insurer in India under the guidance of:

Kamesh Goyal: MD & CEO of Bajaj Allianz Life Insurance.
Rajesh Viswanathan: CFO of Bajaj Allianz Life Insurance.
Sashi Krishnan: CIO of Bajaj Allianz Life Insurance.
Anil Singh: Appointed Actuary of Bajaj Allianz Life Insurance.

Quick List of Bajaj Allianz Insurance plans

Bajaj Allianz Life Contact Information