Bajaj Allianz
Life Insurance announcing the launch of three new Life Insurance plans – two
traditional (Bajaj Allianz Save Assure & Bajaj Allianz Invest Assure) and
one whole life plan (Bajaj Allianz Life Long Assure) – under the new product
guidelines.
In addition
to this, the company has launched 6 group insurance plans - Group Credit Protection
Plus, Group Term Life, Group Term Care, Group Superannuation Secure, Group
Employee Benefit and Group Term Care.
Speaking at
the launch, Mr. Anuj Agarwal, MD& CEO, Bajaj Allianz Life Insurance
said, “We are launching three new insurance plans which will cover the needs of
individuals at their different life-stages. We have plans with a guarantee
element, with a feature of premium payment for limited period and extended
cover for few more years. These features have been added after extensive research
amongst our existing customers and prospective ones, besides our agents. We
will be launching a suite of online and channel specific insurance plans by the
end of Jan 2014.”
Bajaj Allianz
gears to launch new Life Insurance Plans to cover different needs and
life-stages
· Traditional life insurance plans to be
launched to cover different requirements of the customer
· Two traditional plans that offer
guaranteed returns
· One whole life plan that offers
lifelong cover up to a maximum age limit of 100 years
These plans
are not only compliant with the new regulatory guidelines but are customer
oriented and easy to understand. The plans also come with an element of
guarantee and aim to offer better returns on the customer’s hard earned money
so that his/her future is secure.
Bajaj Allianz Save Assure..
It is a
traditional endowment plan that protects your finances by providing you with
guaranteed returns.
Key Features
of the Plan
· Get guaranteed return of 115% of the
sum assured
· Choose from two Policy Terms, 15 and
17 years
· Premium Payment Terms of 10 and 12
years
· No premiums are payable in the last
five policy years
About
Bajaj Allianz..
Bajaj Allianz
is one of the leading non-bank promoted Private Sector life & general
insurance companies in India. Bajaj Allianz is a union between Allianz SE, the
world’s leading insurer and Bajaj Finserv Limited (recently demerged from Bajaj
Auto Limited, one of India’s most respected names). Allianz SE is a leading
insurance conglomerate globally and one of the largest asset managers in the
world, managing assets worth over a Trillion Euros (over Rs. 55, 00,000
crores). At Bajaj Allianz, customer delight is our guiding principle. Ensuring
world class solutions by offering you customized products with transparent
benefits supported by the best technology is our business philosophy. Bajaj
Allianz began its operations in 2001 and today has a pan-India presence with
over with offices and presence in over 1100+ towns in the country. The
companies have been constantly expanding its operations to be close to their
customers.
Bajaj Allianz
Life Insurance has developed insurance solutions that cater to every segment
and age-income profiles. Currently, Bajaj Allianz has a strong product
portfolio that caters to all kinds of customer needs and life stages from ULIPs
to Child plans, from group insurance to health insurance.
For Further
Information:
Bajaj
Allianz Life Insurance:
Santosh Balan
– 09860097056; santosh.balan@bajajallianz.co.in
Chandni Arora
– 09766623186; chandni.arora@bajajallianz.co.in
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PR:
Veena
Krishnan – 09930309052; veena.krishnan@adfactorspr.com
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