Easy renewals through online portal service. 06 Registration Code No. True value for money Was this review helpful? Bajaj Allianz Life Insurance is one of the leading private life insurance companies in India. Bajaj Allianz Life Insurance Company is one of the leading private sector insurance companies in India. Free-look period. Bajaj Allianz Term Plans are Non- Linked, Non – Participating Plans. Approval for registration as an Insurance Broker is pending with the IRDAI. Not fit for- those with genetic predisposition to age-related diseases. However, Term Care and iSecure are both low premium term plans. Begun in 2001, today Bajaj Allianz has a pan-India presence with 759 branches nationwide. An investment in term insurance is the key to a stable financial future. Established in the year 2001, it is a joint venture between Bajaj Finserv Limited, Indian Financial Services Company with a part of the Bajaj Group and Allianz SE, leading insurance company in the world. 324 Bajaj Allianz General Insurance Co reviews. Notification may includes alerts, activities & updates. Bajaj Allianz iSecure Insurance Plan is a simple Term Plan that can be purchased online. But the chances of the policy-holder enjoying this benefit are very less, as coverage extends till 100 years of age. She has more than 25 Yrs of experience in sales, Marketing and Corporate Alliances. Best for- high-income individuals; those with low risk of life, Not fit for – middle-income sector; those above 50. In case you aren’t happy with your purchase, you can cancel your policy from MyAccount hassle-free at the click of a button. Premium discounts for sums above Rs.5 lakhs. The Bajaj Allianz eTouch online term plan comes with 4 different variants, namely, Shield, Shield Plus, Shield Super, and Shield Supreme that will enhance the coverage. These life insurance plans offered by Bajaj Allianz are trouble-free and easy to purchase. It boasts of over 56,000 assets under management (AUM). Bajaj Allianz Life Insurance. Yearly, Half Yearly, Quarterly, and Monthly, Policy benefits as a lump-sum or in monthly installments. All 5 plans are eligible for tax benefits under Section 10(10D) of the Income Tax act. Your email address will not be published. Know all rider and variant available with Bajaj Allianz Life Smart Protect Goal Term Plan. To promote a healthy lifestyle, the plan offers special premium rates for non-smokers. Sonia Nagpal is an Insurance Specialist. We believe in transparency & honest selling. It was rated as one of the top 75 most valuable Indian brands … Anuj Agarwal is the Managing Director and Chief Executive Officer of Allianz Life Insurance Company. Service recieved from Bajaj Allianz Life Insurance is always on satisfactory side. The Company basically which offers a surplus of life insurance products on the basis of your financial requirements. If the news stays positive then I’m sure market-linked products will see a comeback in a big way," said Tarun Chugh, MD and CEO, Bajaj Allianz Life Insurance. Here are some Bajaj Allianz general insurance reviews written by our satisfied customers after having experienced our high standard services. As a result, Bajaj Allianz offers two term plans with maturity benefits—either the return of premium or the full sum assured. The purpose of this plan is to pay for any outstanding loans and liabilities in case of premature death, and thereby reduce the financial burden on your loved ones. Your premium also reduces accordingly. Bajaj Allianz ULIP Accidental Death Benefit Rider : Bajaj Allianz Accidental Death Benefit Rider offers additional sum assured in case of unfortunate death due to an accident Bajaj Allianz ULIP Accidental Permanent Total/ Partial Disability Benefit Rider: Bajaj Allianz … Bajaj Finance Limited (‘BFL’) is a registered corporate agent of third party insurance products of Bajaj Allianz Life Insurance Company Limited, HDFC Life Insurance Company Limited, Future Generali Life Insurance Company Limited, Bajaj Allianz General Insurance Company Limited, Tata AIA General Insurance Company Limited, Max Bupa Health Insurance … Get an online discount of up to 10% when you buy online. Bajaj Allianz Term Plans – Bajaj Allianz Term Insurance Plan Review, Key Features, Benefits. Bajaj Allianz life insurance has been one of the easiest and best investments I have made to date. Bajaj Allianz eTouch Online Term Insurance Plan offers financial security and thus family’s future is never compromised, even in case of an unfortunate event during the policy term. Why Splitting Term Insurance Plan Can Optimize the Cover and Cost? That's literally all it takes to renew your policy and continue being covered. Right from the initial customer service to the easy availability online, it has made me secure and relaxed about my investment. Bajaj Allianz Life Insurance Company is certainly one of the most well-known insurance companies in India. It is important to have a credible partner for a product as critical as a term plan. The plans provide comprehensive protection with a choice of premium payment options as well as flexibility, making it easier for policyholders to keep up with payments. In case of iSecure Loan, that person refers to the loan provider. Policybazaar is regulated by IRDAI and will always act in the policyholder’s interest. A modified version of the iSecure plan with some key differences. Insurance coverage is up to Rs.50,00,000 and up to the age of 100. Firstly, maximum age at maturity is 60 instead of 70. The higher management is approachable and they listen to their employees. Bajaj Allianz Life eTouch Online Term Plan offers protection to ensure you & your family’s dreams are never compromised if something unfortunate happens to you. The policy has low premium investments and the output is high. *The information provided on this website/page is only for information sake. Types of Bajaj Allianz Term … In the event of the untimely death of the life insured during the policy term, the total death sum assured is payable to the nominee as per the variants opted under the policy. Wider coverage till 75 years 3. Bajaj Allianz Life Insurance has high ethics and it is an excellent place to learn and grow. High premiums: Rs.82,050 for a coverage for Rs.25,00,00 for a 10 years policy term, for a 30 years old male. On the death of the life assured, the Sum Assured on Death will be paid and the policy will terminate. 450. Premium paying period is up from 5 to 15 years. Discounts for non-smokers and preferred (healthy) non-smokers over Rs.20 lakhs. With various variants available, people are seeking to buy Bajaj Allianz eTouch Online Term Plan. Life insurance plans from Bajaj Allianz Life - get all types of life insurance plans - ULIP Plans, Term Insurance Plans, Pension Plans etc., at affordable premiums to get your Life Goals Done. Bajaj Allianz term insurance plans offer the life insured security and assurance that his/her dependents will be taken care of in the event of his/her untimely death. If you decide to go for a term plan, you may choose term insurance plans by Bajaj Allianz Life Insurance, which offers both regular and single-premium options. Written By: PolicyBazaar - Updated: 10 December 2020. Bajaj Allianz Term Insurance Bajaj Allianz life insurance provides insurance cover for more than 3.5 Crore lives and is currently one of the leading players in the Indian general insurance sector. New Saral Jeevan Bima Term Insurance Plan, Advantages and Disadvantages of Term Insurance in India, Types of Deaths Covered and Not Covered by Term Insurance. They also have an offering which serves the unique need of paying back high-value loans if the wage-earner meets with early death. Tax Benefits under the Income Tax Act Bajaj Allianz is one of the largest private insurance providers in India. Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana - 122001, IRDAI Web aggregator Registration No. You may also like to read: Best Term Insurance Plans in India, **Discount is offered by the Insurance company as approved by IRDAI for the product under File & Use guidelines #On the basis of your profile, CIN: U74999HR2014PTC053454 Policybazaar Insurance Brokers Private Limited (formerly known as Policybazaar Insurance Web Aggregator Private Limited) Policybazaar is currently registered as a Web aggregator by IRDAI.  Premium is paid for 2/3rds of the policy term, and proportionate interest is also given. It offers a variety of insurance plans, and term insurance is one such offering. Bajaj Allianz is a top insurance provider in India, offering a wide range of products for the varied needs of customers. Bajaj Allianz iSecure is a non-linked, non-participating, regular premium term insurance plan that secures your family's financial future at an affordable cost. Here we have provided the Key Features, Benefits and Eligibility of Term … The only objective of Bajaj Allianz Term Insurance is to provide uninterrupted protection to the family's financial future after the death of the policyholder. The main features of Bajaj Allianz Life Insurance 5 convenient term plans are given here…. I will … Free look period is 15 days in case agent makes the sale in person, or 30 days if it is made through distance marketing. Insurance is the subject matter of solicitation.Visitors are hereby informed that their information submitted on the website may be shared with insurers. Health Insurance. In case of premature death, the outstanding loan at that point (which is equal to your sum assured at that point) is paid off. Why Buy Term Insurance Plans From Bajaj Allianz Life? Policy tenure depends on loan term; as you pay the premium, your outstanding loan (and associated sum assured) comes down year by year. 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