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Bajaj Allianz Life Insurance Corporation Limited is also a joint venture of two largest conglomerates, the Bajaj Auto and Allianz AG which is one of the largest insurance agencies in the world.
Bajaj Allianz is the top and fastest growing private company in India. At the present, they have more than 3, 000, 000 satisfied clients. Bajaj Allianz gave customer care center in more than 155 cities with insurance consultants that offer the finest costumer service. The company is also one of the leading private life insurance corporations in India.
The company offers technical excellence in all the areas of general health insurance and risk management. And this partnership successfully combine Bajaj Auto in depth learning of the local present market along with the extensive distribution networks with global experience and the technical expertise of Allianz Group. As registered Indian insurance corporations and capital base of RS110 score the company is a completely licensed to under write all line of general insurance business with include to health. They also have management control by the Allianz AG.
Bajaj Allianz Life Insurance Risk Cover
Presenting New Risk Cover which is a life insurance product of Bajaj Allianz Life Insurance Corporation Limited that offer life insurance cover at lowest possible costs for the selected terms. It’s perfect term insurance plans to secure your family and yourself, Sum Assured is being paid to the nominees. There’s no survival benefit under the plan.
Bajaj Allianz Risk Care is the plan that offers you options to choose from premium payments:
• Single Premium Payment – one premium payment for selected terms at the commencement.
• Regular Premium Payment – premium payment though the selected term
Bajaj Allianz Life Insurance Company gives you extra benefits that will fit in your needs, available in 4 attractive packages to select from
Distinct Feature and Advantages of Bajaj Allianz Life Risk Care
• It’s non participating security plan
• Get a life insurance that cover at lowest premium cost
• Single or regular premium payment option
• Enhanced protection option available through the additional rider benefit
Death Benefit : In the case, the injured person dies in the policy term, be assured that in the policy would be paid to the nominee.
Tax Benefits : In Bajaj Allianz Life Insurance Corporation Limited, the Premium paid would be entitled for tax benefit under the Section 80 C. The death benefits will be qualified for tax benefit under the Section 10 (10) D as per prevailing tax laws.