INTRODUCTION OF INSURANCE

India is very interesting and challenging market for any insurance

company. With a large middle class, high savings rate and low
insurance penetration, there is huge untapped potential for insurance
in the Indian market of the 300 million populations, less than 150
million are insured.

This is very interesting and challenging market potential. Since the

entry of private insurers in 2000, the insurance penetration has
increased from 1.39% in 1999 to 2.53% in 2004. Today private life
insurance have almost 30% share of new business.

This increase in share is due to the repaid expansion of the

distribution network by private insurers alongwith increase in
awareness of insurance as an excellent long term savings tool. Till
four years back, the only mode of distribution of lie insurance
products was through agents.

While agents continue to be the predominant distribution channel,

today a number of innovative channel are being offered to
consumers, banc assurance, brokers, Internet and direct marketing.
India technology may not replace a distribution network; through it
will offer advantages like better customer service.

There has been a plethora of new and innovative products offered by

the new players, innovated mainly from the stable of their
international partners. Customers have tremendous choice from a
large variety of products like pure term (risk) insurance, to unit linked
investment products.

Customers are offered unbundled products with a variety of benefits

as riders from which they can choose. Not unexpectedly, customer
satisfaction was one area that witnessed the most significant change
with the entry of new players. Some potential Indian players hope
that their anticipated technology advantage will allow them to
increase their reach, partly by using remote channels.

We expect changes in distribution along other parameters. Banks

have emerged as attractive distribution channels for insurance as
they are being driven to increase their profitability ad provide
maximum value to their customers. Therefore, they are themselves
looking for a range of products to distribute.

In India, banks hope to maximize expensive existing networks by

selling a range of products. The concept of bancassurance is seen
taking roots in India, and it is emerging to be a viable solution to
mass selling of insurance products. A popular concept in the west,
bancassurance put in simple terms means selling insurance
products through banks.

Some potential Indian players hopes that their anticipated

technology advantage will allow them to increase their reach, partly
by using remote channels. However, financial services companies
globally and in India find that customer are making the shift to such
however, financial services companies globally and in India find that
customers making the shift to such channels slowly and only for less
complex transactions. In India, insurance especially life insurance is
still a service product.
BASIC GLOSSARY

APPLICATION FOR INSURANCE

This is the form on where you state information and answer the
question from the insurance company about yourself and your
history. This application alongwith information from a medical
examination, if taken, from your physicians, any hospitals you may
have visited and investigation are what’s used by the insurance
company to decide whether or not to offer you life insurance and at
what rate.

BENEFICIARY

The person(s) named in the policy to receive the life insurance

proceeds upon the death of the insured persons.

CASH (SURRENDER) VALUE

The amount that is available in cash for loans and that may be
available for withdrawals in a whole life insurance, universal life
insurance or survivorship life insurance policy. Accessing cash
surrender value may reduce the death benefit and may increase the
risk of lapse.

CONTESTABILITY, CONTESABLE CLAUSE

In insurance there is a clause which explains the condition under

which the insurer may contest or void life insurance policy. This
contestability is for a limited period of time, which in most states is
two years. After that period of time the insurance company cannot
contest the policy.

CONVERTIBLE TERM INSURANCE

Term insurance, which can be exchanged (converted) at the option

of the policy owner and without evidence of insurability, for a whole
life insurance policy or universal insurance policy.
FACE VALUE

The amount stated on the face of the policy that will be paid in the
case of death. It does not include additional amounts payable under
accidental death or other special provisions or acquired through the
application of policy dividends.

GRACE PERIOD

Life insurance premiums are due on a certain date, if you are in

paying, policies allow a period of time where you can still pay your
premium and not lose your policy. This is the grace period. Most
policies allow a grace period of 30 days from the due date. After the
grace period, if the premium is not paid, the policy can lapse i.e. be
terminated by the insurance company.

INSURABILITY

Acceptability to the company of an applicant for insurance.

INSURABLE INTEREST

Insurance is nominated to the person, who has some of the relation

with the person being insured or in simple, some insurable interest to
the holder of the policy e.g. a husband has a insurable interest with
his wife.

KEY PERSON LIFE INSURANCE

When one has a key person in a business without whom the

business would suffer financially, key person life insurance is often
purchased which helps to reimburse the company for the business
loss incurred by the death of this person.
LEVEL PREMIUM (LIFE INSURANCE)

Life insurance for which the premium remains the same from year to
year. The premium is normally more than the actual cost of
protection during the earlier years of the policy and less than actual
cost in the later years. The buildings of a reserve area natural result
of level premiums. Te payment in the early years, together with the
interest that is to be earned, serves to balance out the underpayment
of later years.

LIFE EXPECTANCY

The average number of years remaining for an individual to live

shown at each age based o long term studies by insurance
companies. These statistics as shown on charts called mortality
tables.

LIFE INSURANCE

A contract between an owner and a life insurance company that

guarantees the payment of a stated amount of money on the death
of the insured.

LOAN (POLICY LOAN)

A loan made by a life insurance company from its general funds in a

policy owner on the security of the cash value of a policy.

MUTUAL LIFE INSURANCE COMPANY

A life insurance company owned by the policy holders. Policy holder

of a mutual life insurance company may participate in the “divisible
surplus” of the life insurance company as owners. They can receive
dividends, most commonly on whole life policies, which can enhance
the cash value, increase the amount or lower premiums.

PAID UP INSURANCE
Insurance that will remain in force with no need to pay additional
premiums.

PERMANENT LIFE INSURANCE

Any form of life insurance except term; generally insurance that

builds up a cash value, such as whole life, universal life and whole
life are types of permanent life insurance.

PARTICIPATING POLICY

A life insurance policy that is eligible for the payment of dividends by

the insurer.

POLICY OWNER

The person who owns a life insurance policy. This is usually the
insured person, but it may also be a relative of the insured, a
partnership or a corporation.

PREMIUMS

Payment to the insurance company to buy a policy and to keep it in

force.

RENEWABLE TERM INSURANCE

Term insurance which can be renewed at the end of the term, at the
option of the policy owner and without evidence of insurability, for a
limited number of successive terms. The rates generally increase at
each renewal as the age of the insured increases.

RETURN OF PREIUM LIFE INSURANCE

Also known as return of premium term life insurance, this is term life
insurance for a period of time where one receives a guaranteed
return of premiums paid if you keep the policy for the term period
e.g. 20 years of premium term would guarantee a return of premium
paid after you paid 20 years of premium. Most of these policies also
give a partial return of premium if you keep the policy for a great part
of the years.

TYPES OF LIFE INSURANCE COMPANIES

There are two types of life insurance companies one, which has the
government stake and one which has been formed with a foreign
alliance or venture with the Indian company.

Premiums and values are based on projection of assumed interest

rates, the cost of insurance (also known as mortality cost) and the
insurance company’s expenses. The actual premium paid may
increase because interest rates may go lower of the projected cost of
insurance may increase.

WAIVER OF PREIMIUM

This is an extra or add-in (called a rider in insurance lingo) that can

be added to most individual life insurance policies which waives
(allows you to stop paying) the payment after the insured person has
been disabled (as described and defined in the insurance policy) for
a specified period of time, usually six months. At that time, the six
months premiums paid alongwith future premiums payment are
waived.
WHOLE LIFE INSURANCE

Life insurance which has a guaranteed level premium for the rest of
one’s life with no increases in premium, with a guaranteed cash
value. There is participating whole life insurance usually issued by a
mutual life insurance company where one participated as an owner
of the company and there is non participating whole life insurance
issued by a stock life insurance company.
 SCRENEARIO OF
INSURANCE INDUSTRY SPHERE
With an annual growth rate of 15-20% and the largest number of life
insurance policies in force, the potential of the Indian insurance
industry is huge. Total value of the Indian insurance market (2004-
05) is estimated at Rs.450 billion (US$10 billion) according to
government sources, the insurance and banking services
contribution to the country's gross domestic product (GDP) is 7% out
of which the gross premium collection forms a significant part. The
funds available with the state-owned life insurance Corporation
(LIC)_ for investment are 8% of GDP.

Till date, only 20% of the total insurable population of India is

covered under various life insurance schemes, the penetration rates
of health and other non life insurance in India is also well below
potential of the insurance sector.

The year 1999 saw a revolution in the Indian insurance sector, as

major structural changes took place with the ending of government
monopoly and the passage of the insurance regulatory and
development authority (IRDA) bill, lifting al entry restrictions for
private players and allowing foreign players to enter the market with
some limits on direct foreign ownership.

Though, the existing rule says that a foreign partner can hold 26%
equity in an insurance company, a proposal to increase this limit to
49% is pending with the government. Since opening up of the
insurance sector in 1999, foreign investment of Rs.8.7 billion have
poured into the Indian market and 21 private companies have been
granted licenses.

Innovative products, smart marketing and aggressive distribution

have enabled fledging private insurance companies to sign up Indian
customer faster than anyone expected Indians, who had always
seen life insurance as a tax saving device, are now suddenly turning
to the private sector and snapping up the new innovative products on
offer.

The life insurance industry in India grew by an impressive 36% with

premium income from new business at Rs.253.43 bilion during the
fiscal year 2005-06, braving stiff comeptition from private insurers.
Private players grew by 129% in this sector.
The 14 private insurers increased their market share from 13% to
22% in a year's time. There are presently 123 general insurance
companies with four Public sector companies and eight private
insurers. According to estimates, private estimates, private
insurance companies collectively have 10% share of the non life
insurance market.

Though the focus of this market research report is on the potential

growth on the Indian insurance sector, it also talks about the market
size, market segmentation, and key developments in the market
after 199. The report gives an instant overview of the Indian non life
insurance market, and covers fire, marine and other non life
insurance.

The date is supplied in both graphical and tabular format for ease of
interpretation and analysis. This report also provides company
profiles of the major private insurance companies.

HIGHLIGHTS:

 Gains of liberalisation in Indian Insurance sector

 Indian insurance market segmentation by products
 Size of the market and market share of life insurers, in INR
(crore)
 Market share of non life insurers
 Forecast of life insurance growth upto 2012
 Forecast of non life insurance growth upto 2012
 Market revenue of both public and private insurers
 Policies and measures taken by IRDA to develop the
insurance market
 Research and development activities
 Regulation of insurance and reinsurance companies
 Major challenges that Indian insurance sector is facing
 Profiles of the major players

In the globalise market scenario, companies need to undersand and

challenge thecompetitive market they operate in RNCOS'S "Indian
insurance industry; new avenues for growth 2012" is complete
analysis of the market that will help you in decision making. Chapter
2, 3, and 4 of this report discussed the impact of liberalization of the
market share of public and private sector companies and policies
implemented by IRDA to develop the insurance market in India.
BAJAJ ALLIANZ – A PROFILE
Bajaj Allianz Life Insurance Company Ltd is a joint venture between
two leading conglomerates. Bajaj AG, one of the world’s largest
insurance companies, and Bajaj Auto, one of the biggest 2 and 3
wheelers manufacturers in the world.

BAJAJ ALLIANZ LIFE INSURANCE

Bajaj Allianz Life Insurance has been awarded as a No.1 private life
insurance company in India for the Financial Year 2005-06, with its
stupendous growth and achievements. Its significant features of
productive insurance plans and performance by agents re its main
strength.

Growth rate of Bajaj Allianz is highly significant to the highest 216%

for Financial Year 2005-06. Company’s plans and procedure is
conducive and amicable work environment in carry out the work
habits so frequently leading to the earliest achievements of the
overall goals of the organization.

Over 15,00,000 satisfied customers have placed their trust with the
Bajaj Allianz Life Insurance and they will continue to rise in the year
to come with more strength.

Bajaj Allianz Life Insurance is first private companies which earn a

profit of 63 crore in this Financial Year. And also bit LIC in number
of policy.

A countrywide network of more than 700 offices has been established

for the ease and facility of the customers as all the branches have been
connected with the computer serves so any customer living any part of
the country can access to the status of the policy online.

Assets under management of Bajaj Allianz Life Insurance are

Rs.3324 crore collectively forming an in built financial strengthening
to meet the future requirements as well more launching of insurance
products with their aggressive promotion offers and features.
Also Bajaj Allianz Life Insurance has formed its shareholder capital
base of Rs.500 crore.

ALLIANZ GROUP
Allianz Group is one of the world’s leading and financial services
providers.

Founded in 1890 in Berlin, Allianz is now present in over 70

countries with almost 174000 employees. At the top of the
international group is the holding company, Allianz AG with its head
office in Munich.

Allianz group provides is more than 60 million customers worldwide

with a comprehensive range of servies in the area of

1. Property and casualty Insurance

2. Life and health insurance.
3. Asset management and banking.

ALLIANZ AG – A GLOBAL FINANCIAL POWERHOUSE

Worldwide 2nd by gross written premiums Rs.4,44,883 crore (82.6

Billion)

After 2002 Allianz is one of the world’s premier fund managers with
around 989 billion euros (5,32,675 crore)

12th largest Corporation in the world.

49.8% of global business from life insurance.

Established in 1890, more than 110 years of insurance expertise.

tNetwork extended to over 70 countries like Europe, South and North

America, Africa, Middle East, Asia pacific.

1,81,000 employees worldwide.

Shares are traded at 5 leading stock exchanges. Frankfurt, London,
Paris, Zuric and New York.

BAJAJ GROUP

Bajaj Auto Ltd. the flagship company of Rs.80000 crore. Bajaj

Group is the largest manufacturer of two wheelers and three
wheelers in India and 4th largest in the world. It has 15,000
employees. And also it has strong brand image with quality in 2 and
3 wheelers.

A STRONG INDIAN BRAND – HAMARA BAJAJ

1. One of the largest 2 & 3 wheeler manufacturers in the world

2. More than 21 million vehicles on the roads across the globe.
3. Managing funds of over Rs.4,000 crore.
4. Bajaj Auto Finance is a one of the largest auto finance
company in India.

As a promoter of Bajaj Allianz Life Insurance Co. Ltd., Bajaj Auto has
the following offer:

1. Financial strength and stability to support the insurance

business.
2. A strong brand equity.
3. A good market reputation as a world class organisation
4. An extensive distribution network.
5. Adequate experience of running a large organization.
MANAGEMENT
BOARD OF DIRECTORS

RAHUL BAJAJ Chairman and also Chairman of

Bajaj Auto Ltd.

Dr Werner Zedelius Member of Board of

Management, Growth Market,
Allianz AG
Dipak Poddar MD of Bajaj Auto Finance Ltd.

Niraj Bajaj MD Mukund Ltd.

Heienz Dollberg Executive Vice President, Asia

Pacific Division, Allianz AG

Sanjay K Asher Partner and also in Crawfod

Bayley and Co.

Sanjiv Bajaj Executive Director in Bajaj Auto

Ltd.

Don Nguyen Sr VP Head of Property and

Casualty Division, Allianz Asia
Pacific

Ranjit Gupta VP (Insurance) also in Bajaj Auto

Ltd.

Bruce Browers CEO, Allianz Insurance

Management Alternative Director
in Asia Pacific Pvt. Ltd.
MANAGEMENT

Shyam Gosh Country Manager & CEO

Maliya Gosh Head of Sales

KG Krishnamurthy Head Underwriting

Rao V Philip Head in Direct Marketing

Roopa Abraham HR Head

AV Singh National Coordinators Corporate

Marketing

Atanu Singh Mukherjee National Head Retail and

Institutional Relationship

Deepak Sood Head Business Development

Manoranjan Sahu Zonal Manager, East & Delhi

Easwara Narayana Zonal Manager South & Mumbai

Yogesh Shrivastava State Manager (Raj)

1. Standard Chartered
BANKERS 2. Deutsche Bank
3. Citibank
4. HDFC Bank
An impeccable track recod across the globe in providing security and
cover for you and your family. We, at Bajaj Allianz realize that you seek
insurer who you can trust your hard earned money with. Allianz AG
with over 110 years of experience in over 70 countries and Bajaj Auto,
trusted for over 55 years in the Indian market, together are committed
to offering you financial solution that provide all the security you need
for your family and yourself. Bajaj Allianz brings to you several
innovative product, the details of which you can browed in this section.

SUCCESSIVE PERFORMANCE:

1. Bajaj Allianz is No.1 Pvt. Life insurance FY 2006-07 leading by

Rs.63 crore.
2. Bajaj Allianz is No.1 Pvt. Life insurer in retail business leading by
Rs,339 crore.
3. It has embarked a magnificient growth of 216% for the FY 2006-
07
4. Bajaj Allianz is backed by a network of 550 offices spanning the
country.
5. Accelerated growth.

FISCAL No. of policies sold in F.Y. GWP in FY.

YEAR

2002-03 1,15,965 Rs. 69 crore

2003-04 1,86,443 Rs.221 crore

2004-05 2,88,189 Rs.1002 crore

2005-06 7,81,685 Rs. 3134 crore

2006-07 20,79,217 Rs. 4270 crore

Bajaj Alliaz Life Insurance is poised for an accelerated growth in the
market and has already become the fastest growting private life
insurance company in India. Bajaj Allianz Life Insurance has a wide
pan Indi presence of netork in 156 cities of the country and is added
with a strong and trained agency network of over 27,000 agents.

Bajaj Allianz has also forged strong bancassurane and corporate

agency.

Relationship and continues to building on new tie ups for fast track
growth and deep market penetration. Bajaj Allianz Life Insurance
has launched a slew of need based products to cater to each varied
needs of the customer. Currently Bajaj Alliqnce products are in the
pipeline.
VISION
Bajaj Auto Ltd., the flagship company of the Rs.8000 crore Bajaj
group is the largest manufacturer of two wheelers and three
wheelers in India and one of the largest in the world.

VISION OF THE BAJAJ ALLILANZ LIFE INSURANCE:

A household name in India teams up with a global conglomerate.

A household name in India, Bajaj Auto has a strong brand image and
brand loyalty synonmymous with quality and customer focus. With
over 15000 employees, the company is a Rs,4000 crore auto giant,
is the largest 2 – 3 wheeler manufacturer in India and 4 th largest in
the world. A++.. rated by Crisil. Bajaj Auto has been in operation for
over 55 years. It has joined hands with Allianz to provide the Indian
consumer with a distinct option in terms of life insurance products.
As a promoter of Bajaj Allianz Life Insurance Co. Ltd.

Bajaj Auto has the following to offer:

1. Financial strength and stability to support the insurance

business.
2. A strong brand equity.
3. A good market reputation as a world class organisation
4. An extensive distribution network.
5. Adequate experience of running a large organization.
6. A 10 million strong base of retail customer using Bajaj
products.
7. Advanced information technology in extensive use.
8. Experience in the financial services industry through Bajaj
Auto Finance Ltd.
OPERATIONS IN INDIA
INDIAN OPERATIONS:

Growing at a breakneck pace with a strong pan Indian presence

Bajaj Allianz has emerged as a strong player in India. Bajaj Allianz
Life Insurance Co Ltd., is a joint venture between two leading
conglomerates Allianz AG and Bajaj Auto Ltd.

Characterized by global presence with a local focus and driven by

customer orientation to establish high earning potential and financial
strength. Bajaj Allianz Life Insurance Co. Ltd., was incorporated on
12th March, 2001. The company received the insurance regulatory
and development authority (IRDA) certificate of registration (R3) NO.
116 on 3rd August, 2001 to conduct life insurance business in India.

BAJAJ ALLIANZ – THE PRESENT

1. Product tailed to suit your needs.

2. Decentralised organization structure for aster response.
3. Wide reach to serve you better – a nationwide network of
more than 700 branches.
4. Specialised departments for bancassurance, corporate
agency and group business.
5. Well networked customer care centres (CCCs) with state of
Art iT systems
6. Highest standard of customer service and simplified claims
process in the industry.
7. Website to provide all assistance and information on products
and services online buying and online renewals.

FOCUSED SALES NETWORK

 Bajaj Allianz Life Insurance

Agency Channel Bancassurane Group and Alternate

Channel

Branches Standard Group insurance benefit

Chartered
Bank

Satellit Satellite Satellit Syndicate Corporate agency

e e Bank

Centurion Franchisee
Bank

Cosmos Bank Brokers

Jankalyan
Sahakari Bank

Jijamata
Sahakari Coop
Bank
ASSOCAITION WITH LEADING BANKING
ORGANISATION

Pioneers of Bancassurance in India…..

Having pioneered the phenomenon, Bancassurance is one of our

core business strategies.

Two of our strong bancassurance tie ups are:

1. Standard Chartered Bank

2. Syndicate Bank

We have developed a range of life insurance products exclusively for

our bancassurance partners, our products are customized to suit
specific needs of banks.
PRODUCT MIX

BAJAJ ALLIANZ LIFE offers a range of innovative, customer centric

products that meet the needs of customers at every life stage. Its 19
products are combined with upto 6 riders, to create a customized
solution for each policyholder. The company provides insurance
solutions for both individuals as well as group.

The insurance solutions for the individuals are

 Unit linked insurance plans

 Traditional insurance plans

 Pension plans

 Term plans
Unit Linked Insurance Plans

Offering insurance plans with flexibility and tax benefits

 TO WHOM IT MAY CONCERN

This is to certify that Miss Priya Sharma d/o Shri

J.N.Sharma from Maharishi Arvind Institute of
Engineering and Technology, Mansarovar, Jaipur has
taken 15 days training on Marketing of Insurance
products of Bajaj Allianz Life Insurance Co. Ltd.

During the course of the training her moral conduct

and behaviour was found to be very good.

We wish her best in her future career prospects.

(Sales Manager) (Dy Area Manager)

UNIT LINKED

Market linked insurance plans invest the premium in to the

equity, debt and cash markets by the way of allocating
units, which like any other mutual fund have a NAV and the
customer is free to switch between one fund class to
another depending on the risk factor he wishes to be in.
ULIPs offer a better return than the traditional endowment
plans and offer a great deal of flexibility along with great
returns making them the finest product offering. We at
Bajaj Allianz Life Insurance have developed a number of
ULIP products which range from single premium to a
regular premium option along with investment funds
ranging from index funds to mid-cap funds and debt
market linked funds.

 Regular Premium
   
New FamilyGain II

The Bajaj Allianz New FamilyGain II comes with a host

of features to allow you to have the best of all worlds -
Protection and Investments. It enables every
participant to create a solid financial protection and
    savings plan for himself and his family. In this way, as
a participant in the Bajaj Allianz New FamilyGain II
Plan, you can secure your well-being and accumulate
savings towards financial independence and a
comfortable retirement.

    New UnitGain II

    Family Assure II
    CenturyPlus III
    UnitGain Protection Plus II
    Smart Investment Plan II
    Assured Gain

   
 Single Premium
     Wealth Gain

PENSION

We at Bajaj Allianz Life Insurance offer Retirement Plans

which will make sure that we are there to support you in
every stage of your life and your savings today become
your wealth and support for your future years to come.

     Annuity
Pension Guarantee
   

 Retirement
   
    Future Income Generator
    Swarna Vishranti
    Retirement Advantage RP
    Retirement Advantage SP
    Future Secure II

TRADITIONAL

Saving Plans, which offer bonuses, are excellent long term

saving instruments with complete safety. Our products
offer additional benefits which include 4 times life cover at
little extra costs, limited premium payment terms and
compounded reversionary bonuses making it a very good
long term investment.

     Endowment
    InvestGain
    SaveCare Economy SP
    Life Time Care
     Super Saver
    Invest Plus
     Money Back
    CashGain

TERM PLANS

The sole objective of Term plans is to serve the protection

needs of the customers and by doing so, safeguard one’s
family from the financial implications of unfortunate
circumstances that one cannot foresee.
These plans are pure risk cover plans with or without
maturity benefit. These pure risk plans cover your life at a
nominal cost and you may want to take this plan to cover
your outstanding debts like a mortgage, a home loan etc.

    Protector
    Term Care
    New Risk Care

WOMEN INSURANCE

Today’s lady is an inspiration to her family.

She takes important decisions in every household and at work.

To cater to women's special needs we offer innovative women
specific plans which provide investment benefits, savings,
retirement solutions and medical insurance. Our special plans
help mothers plan for their children's education, save for the
future and take care of all medical emergencies in the family.

Our Regular investment and savings plan, offer:

 Investments along with critical illness benefits which
provide good returns, long term saving and protection incase
of a medical emergency
 Investment plans with accidental coverage
 Children's education planning
 Specialized retirement income plans for homemakers to
provide a secure and financial future.
Education Plans for the Confident Girl Child

Is your little girl destined for greatness? Will she grow up to

be successful? Your princess can reach for the stars, but
before she dreams you must do. Bajaj Allianz offers Child
Education plans, which help a parent secure education for
their child. A specialized plan known as Bajaj Allianz
ChildGain offers a wide array of solutions that allows you to
plan for your daughter’s future, including schooling, higher
education and marriage and also takes care of any
uncertainties that may happen along the way

Plans for the Confident Young Lady

As a young, confident woman, you are either studying to

make your career or are earning your own living and are
financially independent. We at Bajaj Allianz offer many
products, which help check, plan and keep all your finances in
order, as well as take care of your other needs.Bajaj Allianz
YoungCare II is a plan that help you enter the Capital
Markets with no fear. While our special Motor Insurance
Package Policy with unique women-specific services,
makes sure that you can drive around, worry-free.

Plans for the Confident Home Maker

As a home maker of today, you are also the decision maker,

unlike before. You are equally aware of the outside world and
are accustomed to being consulted by your husband on
decisions pertaining to finances. You also go out of your way
to take care of your family with your warmth and support in
case of any illness and ensure that your family members are
treated with the best medical care. Saluting the confident
home maker of today, Bajaj Allianz offers two plans - Bajaj
Allianz InvestGain and Bajaj Allianz Family CareFirst.
Plans with a rider especially developed for today’s woman to
give her that extra bit of confidence.

Plans for the Confident Future Grand Mother

A majority of women consider ‘financial security’ to be one of
their top priorities, yet most women feel they do not have the
knowledge to address financial matters. It is necessary to be
financially independent, as it gives you a sense of worth and
purpose. Bajaj Allianz Future Income Generator is one
plan which suits all. Irrespective of age this is one plan which
would ensure that you remain financially independent in your
golden years of life.

HOUSEWIVES

Housewives need to safeguard their financial independence.

Our additional benefits like Mahila Gain have special features

for women which offers

 Critical Illness Benefits.

 Reconstructive Surgery Benefits for Breast(s) due to Breast
Cancer.
 Congenital Disability Benefits.
 Complications of Pregnancy Benefits.

HEALTH

At Bajaj Allianz Life Insurance we offer unique

hospitalisation-cum-insurance plan that takes care of your
hospitalization bills and also provides crucial financial
support to your dependents in case of your unfortunate
death.

Our health insurance plans offer a sound protection to safe

guard your family from any medical emergencies and will
make sure that financial problems are least of your worries
in trying to get yourself treated.

We offer cash less Mediclaim facility across 2000 hospitals

 in over 300 towns and provide best treatment in the finest
hospitals with our health insurance products.

    Care First

    Health Care
    Family CareFirst

NEW LAUNCH

We at Bajaj Allianz Life Insurance continuously try to

improve our products and services so that our customers
get the best buy.
Our recently launched products are:

    Shield Plus

    Group Seva Plan
    Group Secure Life

GROUP

One of the best ways for employers to retain their

employees is to show them that their organization cares
not only for them but also their families.
At Bajaj Allianz Life Insurance we offer customised
insurance plans, which safeguard your employees’ interests
and show your commitment to your employees.

Bajaj Allianz Life Insurance Group Plans offer

• Financial stability to employees

• Ease of operations and fund management.

     Non Employer Employee

     Credit Shield
    Group Term Life(Non Employer Employee)
    Group Suraksha
    Sarve Shakti Suraksha
    Group Loan Protector
    Group Income Protection
Group UnitGain
   

     Employer Employee

    Group Term Life(Employer Employee)
    New Group Gratuity Care
    New Group Superannuation Care
    Group Save Plus
    Group Term Life in lieu of EDLI
    Group Leave Encashment Scheme
    Group Annuity
    Group Superannuation Gold
    Group Gratuity Gold

MICRO INSURANCE
Our Micro Insurance products

    Alp Nivesh Yojana

    Jana Vikas Yojana
    Saral Suraksha Yojana

ADDITIONAL RIDER BENEFITS

Bajaj Allianz offers you the flexibility to enhance your basic

insurance policy by attaching additional benefits that give
more protection to you and your family against accidents,
disability, hospitalisation expenses and critical illnesses.
Additional rider benefits allow you to redesign your life
insurance coverage to suit your needs, providing total
protection against these uncertainties.
     Unit Linked
    Additional Rider Benefits
    UL Waiver of Premium Benefit
    UL Family Income Benefit
    Unit Linked Term Rider
      Non Unit Linked
    Additional Rider Benefits
    UL Accelerated Critical Illness Rider