Bajaj Allianz Launch New Life Insurance Plan: Bajaj Allianz Save Assure

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.
 
Anuj Agarwal, MD & CEO,
Bajaj Allianz Life Insurance
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

Adfactors PR:                      


Veena Krishnan – 09930309052; veena.krishnan@adfactorspr.com
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