Bajaj Allianz Life Insurance Company Limited is a joint venture amid Bajaj Finserv Limited and Allianz SE, the world’s commanding insurance conglomerate and one of the most comprehensive asset managers in the world.
Bajaj Allianz Life Insurance Company Limited established its operations in 2001 and presently has a pan-India bearing with 582 branches as on 31 August 2019. The company proposes insurance solutions that purvey to every need and section of customers. It has a powerful product portfolio from Term insurance plans to Child plans, from Pension plans to different investment plans and from group insurance to saving plans. The company also offers Microinsurance and health insurance plans.
With its presence in over 800 locations in India, Bajaj Allianz Life ensures it is accessible to a wide segment of the masses. Some of its advantages superseding its rivals include :
In the year 2017-2018, Bajaj Allianz Lifes’s Claim Settlement Ratio was 92.04%.