About Bajaj Allianz Life Insurance Company

Bajaj Allianz Life Insurance Company is certainly one of the most well-known insurance companies in India. The Company basically which offers a surplus of life insurance products on the basis of your financial requirements. These life insurance plans offered by Bajaj Allianz are trouble-free and easy to purchase. In addition to that, these plans are customizable on the basis of your unique requirements.

To talk about the company, Bajaj Allianz, it is basically a joint business enterprise between Bajaj Finserv Limited and Allianz SE which is a European financial services company. Bajaj Allianz provides with a wide range of insurance products with a variety of benefits in an attempt to offer financial safekeeping to their highly valued customers across the country.

A number of insurance products offered by the Bajaj Allianz Life Insurance comprise of term insurance plans, Unit Linked Insurance Plans (ULIPs), Endowment Plans, Micro Insurance Plans, Child Insurance Plans, Group Insurance Plans, etc.

With the combination of global proficiency with local experience, Bajaj Allianz Life Insurance Company provides their clients with tailored insurance products and see-through benefits, catering to each and every section and age-income contour.

Bajaj Allianz Life Insurance has numerous plans tailored to match the requirements of each and every individual on the lookout for securing their future through life insurance policies that provides withr utmost returns as well as coverage.

Bajaj Allianz Term Insurance Plans:

Protection Plans from Bajaj Allianz Life Insurance have been designed with the focus of providing financial security to the policy buyer’s loved ones, in the event of his/her ill-timed death. Protection of one’s family against all future calamities is the primary concern for the majority of individuals. Bajaj Allianz term life insurance plans basically aspire to deliver effortlessness in terms of the financial lumber on one’s dependents, in case of an ill-fated prospect.

Below are a variety of term insurance plans that are offered by Bajaj Allianz Life Insurance:

  • eTouch OnlineTerm: The Bajaj Allianz eTouch Online Term Plan is a kind of life insurance plan that has been designed to provide with the coverage for a definite policy tenure agreed upon between the insurer and policyholder, at the time of buying the policy.
  • iSecure: The Bajaj Allianz iSecure Plan is basically a non-participating, term insurance insurance policy that has been specifically designed to provide with a towering Sum Assured at a comparatively low premium rate. This Bajaj Allianz term insurance policy also offers the alternative of opting for an individual or joint life cover, at the time of purchasing this Bajaj Allianz life insurance policy.
  • iSecure More: The Bajaj Allianz iSecure More insurance plan is basically a non-participating, mounting cover, term insurance policy. This life insurance plan is alike the iSecure plan. It only differs in its offering of an improved life cover as the years pass. Therefore, with this Bajaj Allianz life insurance plan you may avail an augmented Sum Assured with each transitory year.
  • iSecure Loan: As you may guess from the name, this Bajaj Allianz life insurance plan is basically preordained to cover the policyholder’s loan liabilities in case of his/her premature demise. This Bajaj Allianz life insurance plan makes sure that the policyholder’s family does not have to fight through any loan repayment harassment in case something unfortunate happens to him/her.
  • Life Secure: The Bajaj Allianz Life Secure Plan is basically a non-linked, whole life term insurance policy that has been specifically designed to provide with 3 coverage alternatives and a repayment upon opting for a high Sum Assured.
  • LifeStyle Secure: The Bajaj Allianz LifeStyle Secure is mainly a non-participating, non-linked, term insurance plan which is available with a built-in Terminal Illness risk cover. Under this Bajaj Allianz term life insurance plan, the death benefit payment is offered to the nominee in the form of monthly installments.

Bajaj Allianz ULIP Plans:

Bajaj Allianz Unit Linked Insurance Plans (ULIPs) are basically aimed at providing you with not just life insurance advantages in case of ill-fated event of death of the policyholder but also at offering a unit-linked plan that provides with the benefits along with the changes of the share market. The ULIP plans offered by Bajaj Allianz life insurance are below-mentioned:

  • Future Gain: The Future Gain plan from Bajaj Allianz is basically a unit-linked endowment plan. This plan makes sure that you get the highest returns at minimum cost. The Future Gain makes sure that each and every penny of yours is employed completely to materialize into savings as well as high returns.
  • Fortune Gain: The Fortune Gain plan from Bajaj Allianz life insurance is basically a non-participating, endowment, unit-linked insurance plan which has been meticulously designed to allow you to pay your premium as a one-time lump sum amount. The policy has also been designed to provide with 99.5% premium allocation.
  • Principal Gain: The Principal Gain plan from Bajaj Allianz life insurance is mainly a guaranteed maturity, unit-linked insurance plan. This Bajaj Allianz ULIP plan provides with guaranteed loyalty additions upon maturity along with the alternative to accept them in installments.
  • Future Wealth Gain: The Bajaj Allianz Future Wealth Gain Plan is principally an endowment, unit-linked life insurance policy. This Bajaj Allianz life insurance plan comes in 2 variants. This Bajaj Allianz ULIP plan also offers loyalty additions which starts from the 10th policy year. You may also choose to get the maturity benefit in the form of installments.

Bajaj Allianz Child Insurance Plans:

Below-mentioned are the child insurance plans on offer from the Bajaj Allianz life insurance:

  • Young Assure: The Bajaj Allianz Young Assure Plan is mainly a limited and regular premium payment, participating, endowment plan. This Bajaj Allianz child plan has been specifically designed to provide with a guaranteed maturity benefit. The policy also offers 3 cash installment options from which you can choose. This Bajaj Allianz child insurance plan also offers coverage in case the policyholder comes across with an accidental disability or death.
  • Young Assure Plus Solution: The Bajaj Allianz Young Assure Plus Solution is basically a life insurance plan that has been designed to offer a Terminal Bonus (which will be added every 10 years), Vested Bonus, and Guaranteed Additions. All these benefits are offered in addition to the Guaranteed Maturity Benefit which is payable at the time of policy maturity.
  • Lifelong Assure: The Bajaj Allianz Lifelong Assure Plan is basically a non-linked, whole life insurance plan. This Bajaj Allianz life insurance policy has been designed to provide with a cash bonus from the 6th policy year onwards. In addition to that, the policy also offers a guaranteed death benefit amounting to 300% of the Sum Assured amount along with the alternative to revive the policy payout in the form of monthly installments.

Bajaj Allianz Savings Solutions Plans:

Savings plans from Bajaj Allianz Life Insurance are appropriate for the modern Indian lifestyle. Bajaj Allianz Savings Solutions Plans have been meticulously designed to provide the customers with the advantage of insurance plus the option to save.

  • Save Assure: The Save Assure plan Bajaj Allianz life insurance is basically an individual, limited premium, non-participating, endowment policy. This Bajaj Allianz life insurance plan has been designed to help you defend your family’s interest with a guaranteed payment amounting to 115% of the Sum Assured of your insurance policy.
  • Life Guarantee Assure: The Life Guarantee Assure from Bajaj Allianz life insurance is a non-participating, non-linked insurance plan. By way of the policy payouts, this Bajaj Allianz life policy helps you to ensure a secured future for your family whether you are around or not.
  • Cash Assure: The Bajaj Allianz Cash Assure is basically a traditional, money-back insurance policy. This Bajaj Allianz life insurance plan has been designed to provide with guaranteed returns up to 150% of the Sum Assured amount, all the way through the policy term.
  • Super Life Assure: The Super Life Assure from Bajaj Allianz life insurance is basically a traditional endowment plan. It has been designed to provide the policyholders with the dual benefits of a savings option as well as a comprehensive risk cover. This Bajaj Allianz life insurance policy comes in 2 variants. In addition to that, the policy buyer is offered the option to purchase riders to can augment the coverage that is provided under this plan.

Bajaj Allianz Investment Solutions Plans:

Below-mentioned are the investment solution plans on offer from the Bajaj Allianz life insurance:

  • Fortune Gain Insurance Plan: The Fortune Gain Insurance Plan from Bajaj Allianz life insurance is mainly a unit-linked, single premium plan. The policy gives policyholders option of 7 funds with the alternative to reduce the Sum Assured. The policyholder can also switch investment options under this plan in order to gain maximum returns.
  • Invest Assure: The Invest Assure plan from Bajaj Allianz life insurance is basically a non-linked, endowment plan. The policy has been specifically designed to provide with additional coverage through rider options. In addition to that, this Bajaj Allianz investment solution plan also offers payouts which comprise of a compound reversionary bonus plus a terminal bonus.
  • Elite Assure: The Invest Assure plan from Bajaj Allianz life insurance is a non-linked, participating limited premium endowment plan. This life insurance plan from Bajaj Allianz has been designed to guarantee up to 315% of the maturity benefit as loyalty additions. On the other hand, the policy also offers additional coverage in the form of the riders offered.

Bajaj Allianz Retirement Solutions:

Retirement plans from Bajaj Allianz life insurance are perfect for individuals who are on the lookout to secure their post-retirement years. Bajaj Allianz Retirement policies will make sure that you get the continuous flow of income for a substantial period of time. These retirement plans from Bajaj Allianz are systemic saving plans that have been designed to help you organize for your retirement by planning your savings carefully. Below-mentioned are the retirement plans on offer from Bajaj Allianz life insurance:

  • Retire Rich: The Retire Rich from Bajaj Allianz life insurance is mainly a unit-linked, pension plan. This Bajaj Allianz pension plan has been designed to provide with a guaranteed vesting and guaranteed death benefit. Under this plan, the policy buyer may choose to opt for limited, regular, or single premium payment tenure. The term of premium payment can also be adjusted on the basis of the customer’s preference. As the case may be, the premiums payable under this Bajaj Allianz retirement plan can be topped up too. Above all, tax benefits can be applicable for premium paid, death benefit and maturity benefit. The policy also offers loyalty additions for terms more than 10 years.
  • Pension Guarantee: The Bajaj Allianz Pension Guarantee plan is basically an immediate annuity plan. This retirement plan from Bajaj Allianz Life Insurance has been designed to make sure that you keep on earning a regular income even after you have retired from your work. This retirement plan from Bajaj Allianz comes with pension options to opt from and lasts for your entire life span.

Bajaj Allianz Group Insurance Plans:

Below-mentioned are the group insurance plans on offer from the Bajaj Allianz life insurance:

  • Jan Suraksha Yojna: The Jan Suraksha Yojna from Bajaj Allianz is basically a non-participating, non-linked micro group term insurance plan. This Bajaj Allianz group insurance plan has been designed to provide coverage at a reasonably priced premium.
  • Group Employee Care: The Group Employee Care from Bajaj Allianz Life Insurance is a non-participating, non-linked, fund-based insurance. This Bajaj Allianz life policy has been designed to provide cover that offers a guaranteed interest rate to the policy buyers.
  • Pradhan Mantri Jeevan Jyoti Bima Yojana: The Pradhan Mantri Jeevan Jyoti Bima Yojana is a non-linked, non-participating, yearly renewable group insurance plan. This Bajaj Allianz group life insurance policy provides with coverage without medical underwriting. This group policy is a reasonably priced policy that offers a risk cover on the life of the policyholder.
  • Group Term Life: The Group Term Life from Bajaj Allianz is basically a traditional group term insurance plan. The policy is renewable on yearly basis and has been designed to provide with basic insurance coverage to policyholders. Member who enrolls into this policy can choose to receive the death benefit through either of the 2 payout alternatives offered by the Bajaj Allianz life insurance.
  • Group Employee Benefit: The Group Employee Benefit from Bajaj Allianz is majorly a non-participating unit-linked, group insurance plan. The policy has been designed to facilitate employers to provide supplementary security to employees as division of wellbeing requirements. Over and above the risk cover offered by the Group Employee Benefit plan, members are also provided with the option to opt from up to 9 investment funds.
  • Group Term Care: The Group Term Care from Bajaj Allianz is basically a non-participating, non-linked, single premium group insurance policy. This Bajaj Allianz Group Life Insurance Plan has been designed to provide a rebate upon opting for a high Sum Assured. In addition to that, as maturity benefit, the Group Term Care policy offers up to 100% of the single premium amount to the members.
  • Group Superannuation Secure: The Group Superannuation Secure from Bajaj Allianz life insurance mainly a non-linked, fund-based, variable, superannuation insurance plan. This Bajaj Allianz Group Life Insurance Plan has been designed to provide with a minimum guaranteed interest plus an additional interest rate. The company also provides 2 plan options for this scheme.
  • Group Credit Protection Plus: The Group Credit Protection Plus from Bajaj Allianz is a non-participating group insurance plan. This Bajaj Allianz group life insurance policy has been designed to cover loans issued by employers. The policy also expands the cover to co-borrowers. The insurance company provides with both regular and single premium payment alternatives to the policyholders.
  • Group Income Protection: The Bajaj Allianz Group Income Protection Plan is basically a policy that facilitates land buyers to provide a group insurance cover to landholders. This group insurance policy from Bajaj Allianz provides a regular source of income by means of annuity payments. It also offers a death benefit in case the landholder meets with an ill-timed death.
  • Group Annuity: The Group Annuity from Bajaj Allianz life is mainly an immediate annuity policy. The policy has been designed to help an employer to provide a regular source of income to the members, who are enrolled under this scheme, after their retirement. Group Annuity plan from Bajaj Allianz life insurance also comes with several plan options. This plan can be purchased by Employer-Employee groups only.
  • Group Sampoorna Suraksha Kavach: The Group Sampoorna Suraksha Kavach plan from Bajaj Allianz Life Insurance is a non-participating, traditional, micro-group, life insurance policy. This Bajaj Allianz Group Life Insurance has been designed to provide with a risk cover on the life of the enrolled member. In addition to that, the policy and also covers their loan liabilities.
  • Super Gain Group Superannuation Scheme: The Super Gain Group Superannuation Scheme from Bajaj Allianz life insurance is a unit-linked, fund-based, group life insurance policy. This Bajaj Allianz group life insurance policy can be purchased by employers to safeguard the post-retirement years of their employees. The policy has a potential to earn a high rate of returns.

Bajaj Allianz Micro Insurance Plans:

  • Bima Dhan Suraksha Yojana: The Bima Dhan Suraksha Yojana from Bajaj Allianz life insurance is basically a non-participating, non-linked, micro insurance plan. The policy comes with premium return upon maturity. This micro insurance plan from Bajaj Allianz also provides with a risk cover to the policyholder at a reasonably priced premium rate.
  • Bima Sanchay Yojana: The Bima Sanchay Yojana from Bajaj Allianz is basically a micro variable insurance plan. The policy has been designed to allow policyholders to partly withdraw from their policy in case of emergency fund requirements. This policy also guarantees investment returns through extra interest rate in addition to guaranteed interest rate.

Bajaj Allianz CSC Bachat Plus Plan:

The Bajaj Allianz CSC Bachat Plus Plan is basically a variable insurance plan. This policy has been designed to help the policyholders safeguard their families at a comparatively reasonably priced premium. In case of need to meet certain emergency financial needs, the policyholders are offered with the option of making partial withdrawals under Bajaj Allianz CSC Bachat Plus Plan. In addition to that, the policy also offers a Guaranteed Additional Interest Rate, Guaranteed Interest Rate, and the alternative to change the premium payment frequency to suit their circumstances from time to time. This Bajaj Allianz policy can only be bought at CSCs or Common Service Centres.