Bajaj Allianz Life Insurance Claim Settlement
Claim Settlement of Bajaj Allianz Life Insurance
Bajaj Allianz Life Insurance Company follows a quick and hassle-free claim settlement. The insurance company has featured a high claim settlement ratio of 98.48% in the FY 2021-20. Bajaj Allianz Life Insurance Company ensures that the claims are approved in just 1 after receiving the claim intimation in case the investigation is not required. Bajaj Allianz Life Insurance Company ensures complete transparency to avoid any possible deceit. The nominee/claimant can request for a claim by visiting the Bajaj Allianz Life Insurance branch.
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Claim Process at Bajaj Allianz Life Insurance
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FAQs
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Does Bajaj Allianz Life Insurance plans cover death due to COVID-19?
Yes, Bajaj Allianz Life Insurance plans cover death caused by COVID-19. The plans offered by Bajaj Allianz Life Insurance also cover hospitalization expenses that take place while COVID-19 treatment.
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Can I submit the claim documents online ?
No, the claimant has to submit the claim form and required documents at any Bajaj Allianz Life Insurance branch only.
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How much time does Bajaj Allianz Life Insurance take to settle a claim?
Bajaj Allianz Life Insurance takes 30 days to deliver the claim decision. If the claim requires any type of investigation it may take 120 days for the claim to be settled.
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How will I receive the claim payout ?
The claimant will receive the claim payout through electronic funds transfer and will directly be transferred to the claimant’s bank account.
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What is the right time within which the claim has to be reported?
The claim should be reported by the earliest for smooth processing of the claim.
Bajaj Allianz Life Insurance Contact Details
Bajaj Allianz Life Insurance
1800-209-7272Mon to Sun 9:00 AM to 7:00 PM