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Bajaj Allianz Life Insurance Company Limited
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The claim settlement ratio is the percentage of life insurance claims a company has paid out compared to the total claims received. It represents the reliability of the life insurer in honouring policyholder claims. To know more about Claim Settlement Ratio, watch this easy-to-understand video, part of ‘Life Insurance Made Easy', a customer education initiative by Bajaj Allianz Life. For more videos, please visit the link: https://bit.ly/3Hv7rIjhashtag#BajajAllianzLife hashtag#LifeGoalsDone hashtag#InsuranceSimplified hashtag#LifeInsuranceMadeEasy Bajaj Allianz Life Insurance Co. Ltd. T&C Apply. Ad Code: BJAZ-PC-EC-09634/24 #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy
In a Life Insurance Policy, the proposer is the person who applies for the insurance policy and pays the premiums. They may or may not be the life insured, but they hold the policy ownership rights. To know more about a proposer, watch this easy-to-understand video, part of ‘Life Insurance Made Easy' a customer education initiative by Bajaj Allianz Life. For more videos, please visit the link: https://bit.ly/3Hv7rIj #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy Bajaj Allianz Life Insurance Co. Ltd. T&C Apply. Ad Code: BJAZ-PC-EC-08508/24 #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy
A bonus statement is a yearly document provided by the Life Insurer detailing any additional amounts (bonuses) added to the policyholder's participating Life Insurance policies. The bonus depends on the Life Insurance Company's performance. To know more about Bonus Statement, watch this easy-to-understand video, part of ‘Life Insurance Made Easy' a customer education initiative by Bajaj Allianz Life. For more videos, please visit the link: https://bit.ly/3Hv7rIj #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy #AUTOPAY Bajaj Allianz Life Insurance Co. Ltd. T&C Apply. Ad Code: BJAZ-PC-EC-07192/24 #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy #AUTOPAY
Autopay is a convenient feature offered by insurance companies that allows policyholders to automatically pay their premiums at regular intervals, usually monthly or annually, from their bank account or credit card. This helps ensure that payments are made on time without the need for manual intervention or the risk of missing out on paying due premiums. To know more about Autopay and understand it with an example, watch this easy-to-understand video, part of ‘Life Insurance Made Easy' a customer education initiative by Bajaj Allianz Life. For more videos, please visit the link: https://bit.ly/3Hv7rIj #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy #Autopay Bajaj Allianz Life Insurance Co. Ltd. T&C Apply. Ad Code: BJAZ-PC-EC-06499/24 #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy #Autopay
A portfolio strategy involves diversifying the funds within your Unit Linked Insurance Policy as per your risk appetite, with the goal of optimizing returns while aligning with your life goals to ensure financial security and the achievement of long-term objectives. To know more about Portfolio Strategy, watch this easy-to-understand video, part of ‘Life Insurance Made Easy' a customer education initiative by Bajaj Allianz Life. For more videos, please visit the link: https://bit.ly/3Hv7rIj #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy Bajaj Allianz Life Insurance Co. Ltd. T&C Apply. Ad code: BJAZ-PC-EC-06068/24 #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy
Riders are optional add-ons to a life insurance policy that offer extra benefits beyond the basic coverage. These benefits may include additional death benefit, coverage for critical illnesses, waiver of premiums and much more. To know more about Riders, watch this easy-to-understand video, part of ‘Life Insurance Made Easy' a customer education initiative by Bajaj Allianz Life. For more videos, please visit the link: https://bit.ly/3Hv7rIj#BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy Bajaj Allianz Life Insurance Co. Ltd. T&C Apply. Ad Code: BJAZ-PC-EC-06300/24 #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy
A nominee in life insurance policy is a person chosen by the policyholder to receive the policy benefits in the event of the life assured's death. They are generally immediate family members like spouse, children or parents designated to receive financial support or assistance after the life assured's passing. To know more about Nominee, watch this easy-to-understand video, part of ‘Life Insurance Made Easy' a customer education initiative by Bajaj Allianz Life. For more videos, please visit the link: https://bit.ly/3Hv7rIj#BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy Bajaj Allianz Life Insurance Co. Ltd. T&C Apply. AdCode: BJAZ-PC-EC-05970/24 #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy
Extended life cover is a feature available in certain life insurance policies where the life cover continues beyond the original policy term. This extension typically requires additional premiums to be paid but provides continued coverage for a specified period, safeguarding beneficiaries financially in the event of the life assured's death during this extended duration. To know more about Extended Life Cover, watch this easy-to-understand video, part of ‘Life Insurance Made Easy' a customer education initiative by Bajaj Allianz Life. For more videos, please visit the link: https://bit.ly/3Hv7rIj#BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy Bajaj Allianz Life Insurance Co. Ltd. T&C Apply. Ad Code: BJAZ-PC-EC-05916/24 #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy
Return of Life Cover Charges refers to a feature available in Unit Linked Insurance Plans (ULIP) in which the insurance company returns the charges deducted towards providing life cover to the life assured during the policy term. To know more about Return of Life Cover charges, watch this easy-to-understand video, part of ‘Life Insurance Made Easy' a customer education initiative by Bajaj Allianz Life. For more videos, please visit the link: https://bit.ly/3Hv7rIj#BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy Bajaj Allianz Life Insurance Co. Ltd. T&C Apply. AdCode: BJAZ-PC-EC-05606/24 #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy