Bajaj Allianz Life Insurance
With Bajaj Allianz Life Insurance policies, you can secure your family’s financial future, plan for your child’s higher education, or grow your money over time for a comfortable retirement. Coverage up to Rs. 1 crore starts at just Rs. 651*/month.
Bajaj Allianz Life offers various life insurance and investment plans with lump sum benefits and whole life coverage. It has a 99.02% claim settlement ratio and 2.87 crore happy customers. It is the first company to launch innovative insurance solutions, including the RoMC (Return of Mortality Charges). Currently, it has Rs. 85,623 crore of assets under management (AUM). Visit the official website of Bajaj Allianz Life Insurance : Click Here
Step-by-step guide to buy Bajaj Allianz Life investment plans
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Step 1
Click here to open our online application form.
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Step 2
Enter the required details – amount you want to invest, name, date of birth, and contact number.
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Step 3
Choose your preferred plan from the list of products shown by clicking ‘Buy Now’.
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Step 4
Our representative will call you back and explain the products available for you to take an informed decision.
Documents required to buy a policy
Here's a list of documents required to buy a Bajaj Allianz Life Insurance policy.
- Age proof, such as birth certificate, passport, Aadhaar card etc.
- Address proof, such as Aadhaar card, telephone bill, electricity bill, ration card
- Identity proof, such as Voter's ID, passport, driving licence
- Passport-sized photograph
- Medical reports (as applicable)
How to raise a claim
Follow these steps to raise claim requests for Bajaj Allianz Life Insurance policies.
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Step 1 - Register the claim request
Register the claim request with the insurer through their website, e-mail or by calling their claim assistance contact number
Contact Number: 1800 2201 02
E-mail: balic.healthclaims@healthindiatpa.com -
Step 2 - Submit the required documents
Submit the necessary documents along with the duly filled claim form online or to the nearest branch of the insurer
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Step 3 - Claim assessment and settlement
Based on the documents submitted, Bajaj Allianz will assess the claim request and process it accordingly. The claim status will be intimated to the claim initiator via e-mail and SMS and can be checked online or through My Account (our customer portal).
Documents required for raising a death claim
Here’s the list of documents you need to raise a death claim against your Bajaj Allianz Life Insurance policies.
- Original policy documents
- Attested copy of death certificate issued by the local municipal authority
- Death claim intimation form
- NEFT mandate form attested by bank authorities or copy of cancelled cheque or bank account passbook
- Nominee's photo identity & address proof such as a copy of Passport, Voter identity card, Aadhar (UID) card, etc.
- FIR copy or post-mortem report in case of an accidental/unnatural death
Documents required for raising a critical illness claim
Here’s the list of documents to raise a critical illness claim against your Bajaj Allianz Life Insurance policies
- Attested copies of medical records/ indoor papers of the hospital
- Critical illness claim form
- Hospital discharge summary
- Hospital bills
- NEFT mandate form attested by bank authorities or copy of cancelled cheque or bank account passbook
- Claimant's photo identity & address proof such as a copy of Passport, Voter identity card, Aadhar (UID) card, etc
Documents required for raising a disability/hospitalisation claim
Here’s the list of documents to raise a disability/hospitalisation claim against your Bajaj Allianz Life Insurance policies.
- Attested copies of medical records/ indoor papers of the hospital
- Disability benefits claim form
- Hospital discharge summary
- Hospital bills
- NEFT mandate form attested by bank authorities or copy of cancelled cheque or bank account passbook
- Claimant's photo identity and address proof such as a copy of Passport, Voter identity card, Aadhar (UID) card, etc.
Contact Bajaj Allianz Life Insurance
For queries related to the policy, claim settlement and other related information, you can contact the insurer in the following ways:
- Write an email at: customercare@bajajallianz.co.in
- Call Bajaj Allianz Life Insurance at: 1800-209-7272
Frequently asked questions
The premium benefit waiver will be available if there’s an occurrence of critical illness, including accidental total permanent disability or demise of the life assured.
Whole life insurance cover is where you are covered for your entire life, i.e. as long as you live. Under this plan, you pay a premium for the first 10-15 years and get coverage maximum up to the age of 99 years.
Surrender value is the amount the policyholder gets if he terminates/surrenders the policy before maturity. It is the amount the policyholder will get from the life insurance company if he decides to exit the policy before maturity. A regular premium policy acquires surrender value after the policyholder has paid the premiums continuously for three years.
No. The joint-life cover is available only for the spouse.
The sum insured against the second life assured will be payable to the nominee, while the policy will continue for the first life assured. This will be subject to premium payments.
The rate will depend on the percentage chosen at the time of policy inception. You can opt for 5%, 8% or 10% of the sum assured for the annual increase on the life cover.
