It is also possible to partially withdraw or surrender ULIPs. There is an SMS facility using which policyholders can enquire about the status of their policy. Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. The policy benefits can be availed in the form of monthly installments. However, they vary by lifestyle categories (preferred non-smoker, non-smoker, and smoker) and sum assured bands. This is an endowment policy that provides you a guaranteed maturity/death benefit of 115% of the sum assured. The Bajaj Allianz Life Insurance Policy Status Check Online is available to Policy Holders by giving the Policy Number and Necessary Details. The benefits of Bajaj Allianz Life Insurance are:-Bajaj Allianz Life Insurance has various plans customized according to the needs of customers; There is an option in some of the policies which provide a loan of 90% on the surrender value of the policy; Tax benefits can be availed under section 80C and 10(10D) on life insurance policies; Bajaj Allianz gives a grace period of 30 days for paying premiums Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products. There will be no effect on the base insurance policy. The plan also provides the option to avail the maturity benefit in the form of instalments. Everybody has life goals and Bajaj Allianz Life Insurance is here to help you achieve them. All charges/ taxes, as applicable, will be … Bajaj Life Insurance offers customers life insurance solutions that are competitively priced, with transparent benefits and the latest technology support. Tollfree: 1800-209-0144 | 1800-209-5858. If the individual is not married at the time of policy purchase, he can choose to cover his spouse under the policy at a later stage. Income Tax exemption is an additional advantage offered by these plans. The life insurance riders offered by Bajaj Allianz are: A. Bajaj Allianz has a user-friendly official website where customers can view details of the various insurance services provided by them and reach out to the insurer for any query. The coverage includes an Accelerated Terminal Illness (TI) risk cover. The micro insurance products offered by Bajaj Allianz cover the impending liability of customers and provide them an opportunity to save in an organised manner. Guaranteed Loyalty Additions are provided at policy maturity. Further, the regulator has said that the customer should be given the option for commutation of the pension product up to 60%. Customers can choose to partially withdraw from the policy in the event of financial emergencies. It was rated as one of the top 75 most valuable Indian brands in 2019. Bajaj Allianz Life Insurance Co. Ltd. # Applicable for Annuity Option C only Policy No. For any reason, if the insured/policyholder wants to cancel a Bajaj Allianz General Insurance policy, the procedures for different types of insurance categories are different. Shield - The benefit payable under this variant is: In the event of accidental total permanent disability, the remaining premiums under the plan are waived off and the other insurance benefits continue. The plan provides a regular income for the family, as plan benefits are paid out in monthly installments. As of now, the company is getting claim intimations related to property damages from people who are in other locations. The remaining premiums under the plan are waived off and the other insurance benefits continue. Address Proof - You may submit your passport or utility bills for this purpose. The maturity benefits can also be availed in installments, if needed. Go down and take your cursor to 'Step1' and click on 'Read more'. You are free to choose the Sum Assured of a maximum up to Rs.5 lacs. Want to update your bank details? The Claims Review Committee at Bajaj Allianz is headed by a retired civil judge, and it focuses on unbiased reviews of each claim. The scheme provides assured regular income/pension to members after their retirement. Medical examinations are not required to avail the policy. It is expected that most of the claims will be related to life and motor insurance. One of the top players in life insurance sector in the country, Bajaj Allianz is looking to widen its reach into the health insurance sector with the Bajaj Allianz Life Health Care Goal policy. They offer life insurance solutions to address various financial needs such as protection, savings, investment for individuals and groups, and retirement. Once people from the relief camps go back to their homes, it is likely that the claims are going to increase further. Bajaj Allianz Life Insurance Company Profile. 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. Bajaj Allianz Life Insurance Policy Status by Policy Number. Policyholders get the flexibility to pay a top-up premium, if needed. BankBazaarInsurance is not an insurance intermediary and hence does not endorse or solicit any such products. A bank that has account holders between the age of 18 and 50 years can enrol in the plan. The enrolment process is easy and simple. The plan offers an economical method of protecting your family members from the burden of loan repayment in the event of your demise, critical illness, or accidental permanent total disability. The plan provides an incremental cover of 5% per annum at the end of each year. The plan returns 100% of the paid premiums at maturity. The Bajaj Allianz Life Insurance Policy Status Check Online is available to Policy Holders by giving the Policy Number and Necessary Details. A death benefit is also provided in the event of death of the landowner. Visitor's information submitted on the website may be shared with the Insurers. This plan provides you a way in which you can gift the land owners/members and their families a regular income in the form of an annuity. Special rates are provided for female customers. Fax no: 020-30512246. The scheme helps in building a retirement fund so that the employee receives a regular flow of income after retirement. Bajaj Allianz Life Smart Protect Goal (UIN: 116N163V01), 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. The plan provides death benefits, maturity benefits, and surrender benefits to the insured members. He chose a sum assured of Rs.25 lakhs, with a policy term of 20 years and a premium payment term of 20 years. The policy does not cover the event for which the claim was raised. The customer is required to submit the following documents to Bajaj Allianz to surrender his/her policy: A. In simple terms, there is no need to carry a hard copy of Bajaj Allianz Car Insurance Policy Document, but still in some special scenarios like mobile theft, etc., you might need it. How To Buy Bajaj Allianz Life Smart Protect Goal Term Plan? There is an option to avail a loan against the policy. Yes, the benefit can be availed in equal monthly installments over 5/10 years from the date of intimation of the policyholder's death. - 015, Licence Code - IRDA/WBA17/14, valid till 11-08-2023 Insurance is the business of solicitation, Disclaimer: The information that is available on this portal is of the insurance company with whom PolicyX.com has a legal contract. To check Bajaj Allianz Policy Status, You need not go to Bajaj office. The advantages with term insurance include low premiums and death benefits, which will be paid to the nominee as a lump sum or as a monthly income in case of an unexpected event of death of the insured within the policy period. The plan provides Guaranteed Investment Returns. EEZEETAB App is for the Partners of Bajaj Allianz General Insurance. Fill in the details such as Policy Number, Name, Pin Code, E-mail ID, and Phone Number. All in all, in this digital scenario you can avoid keeping a Bajaj Allianz bike insurance plan in hard copy. Bajaj Allianz life insurance policy details Secure your family’s financial future at an affordable cost with Bajaj Allianz iSecure plan. Bajaj Finserv is a financial service provide in India and currently provides services in life insurance, finance, and general insurance. The policy was in lapsed status when the claim was raised. Depending on the policy term, you can increase your insurance cover upto two times the sum assured. What makes it unique is the coverage that this health insurance policy has been specifically designed to cover the COVID-19 pandemic. Nor does use of this create newly any Insurer- Policy Holder relationship between you and Bajaj Allianz Life Insurance Co. Ltd. (Bajaj Allianz) The contents, news, information, art work, text, video, audio, or picture (collectively “materials”) are protected by the copyrights laws. The policy provides Guaranteed Money Back of up to 150% of the sum assured at regular intervals. Customers can take the policy benefit in monthly installments, if required. Also, in an effort to cater to the needs of its customers and to ensure that all customers are able to meet their life goals through insurance solutions offered by Bajaj Allianz, the insurer has launched the Bajaj Allianz Life Goal Based Savings Plan and the Bajaj Allianz Life Goal Assure Plan. Bajaj Allianz. Special rates are given to female customers. The Department of Posts recently launched a Payments Bank by the name India Post Payments Bank (IPPB). This is a traditional, non-linked, non-participating group savings plan. Post-men and post-assistants will sell the life insurance plan and they will use a mobile phone to carry out the transactions. Star Health Insurance Company and India First Life Insurance Company followed by HDFC Life Insurance and Apollo Munich Health Insurance Company had partnered earlier to launch their own respective combo products. The plan provides death benefits, maturity benefits, and surrender benefits. On the official website of Bajaj Allianz Life Insurance, go to 'Customer Service' and click on 'Claim Assistance'. Enrolment is through a simple proposal form, and no medical underwriting is required. The suite of products also includes plans that assist the customer in saving tax, while availing protection, savings, and investment benefits. The Bajaj Allianz Life Health Care Goal policy comes with two variants that policyholders can opt for based on their requirements. Bajaj Allianz Life Insurance – Service on Wheels! Shield Supreme - The benefit payable under this variant is: Accelerated Critical Illness (ACI) benefit is paid if the life assured is diagnosed with certain critical illnesses. This plan allows you to cover your family members under one policy. Thanks to the Income Tax Act, 1961, the policyholder can enjoy tax benefits on regular premiums paid. 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