Bajaj Allianz Life

Bajaj Allianz ULIP Life Insurance

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Bajaj Allianz Life insurance review

Bajaj Allianz Life
Distribution - Number of branches pan India (March 2019)
604
Entry Age Minimum/Maximum (Years) - Term Plans
18/65
Sum Assured Minimum / Maximum - Term Plans
50 lacs / Unlimited
Policy Term Minimum / Maximum (Years) - Terms Plans
5/67
Solvency Ratio (FY 2018-19) *
8.04
Number of Policies Sold (Ind+Group) *
311,507
Number of Lives Covered (Ind+Group) **
34,353,869
Claims Settlement Ratio (Ind+Group) ***
99.47%
* - As per IRDAI data 2018-19 - The solvency ratio of an insurance company is the size of its capital relative to all the risk it has taken, which is all liabilities subtracted from total assets. In other words, solvency is a measurement of how much the company has in assets versus how much it owes
** - as per L-25 Public Disclosure of Insurance Companies for 2019-20  |  *** - Claims Settlement Ratio = Claims Settled in the year / Claims Reported in the year - as per IRDAI data published

Other ULIP Plans from this provider are

Plan is an Immediate Pension Plan with Additional Benefitsthat caters to the need of retirement funding.
Triple Advantage Plan is an ideal Endowment Policy Plan for an individual approaching and planning for Retirement.
Plan is an Immediate Pension Plan with Additional Benefitsthat caters to the need of retirement funding.
Triple Advantage Plan is an ideal Endowment Policy Plan for an individual approaching and planning for Retirement.
Plan is an Immediate Pension Plan with Additional Benefitsthat caters to the need of retirement funding.
Triple Advantage Plan is an ideal Endowment Policy Plan for an individual approaching and planning for Retirement.

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CIN: U66000KA2018PTC117713 | IRDAI Web aggregator License Code Number: IRDAI / INT / WBA /53/ 2018, Valid till 07/08/2025