Claim Settlement Ratio of 99.02%~

11 Blue cross


  • World's First Music Video Created Retired Senior Citizens

  • Apne life goals ki guaranteed1 hona Ye Bhi Sahi Hai

  • Fulfill your Life Goals with Bajaj Allianz Life Goal Assure

  • Here's a Comprehensive Tool To Plan Your Child's Future

  • There is lot to remember in Life, Set renewal premium payments to Auto Pay

  • Get Life Cover worth Rs.1 Crore at Rs.20 per day2 – Bajaj Allianz Life Smart Protect Goal

  • Get your Life Goals Done with Bajaj Allianz Life Smart Assist – BINA MILEY MIL-KAR

  • Paying your Renewal Premium is Quick and Easy!

  • Know the right amount of Insurance you need in just a few steps!

  • Avail Term Insurance Tax Benefits under Section 80D

  • Know how to invest money during the covid-19 pandemic!


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Life Insurance Plans For Your Life Goals

Term Insurance

Term Insurance

Ulip Plans

ULIP Plans

Retirement Plans

Retirement Plans

Savings Plans

Savings Plans

Investment Plans

Investment Plans

Child Plans

Child Plans

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Bajaj Allianz Life Smart Protect Goal

Most Popular

A Non Linked, Non Participating, Pure Life Term Insurance Plan.

  • 3% discount on online purchase3
  • 1 Crore Cover @ 20 per day2
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Bajaj Allianz Life Goal Assure

Most Popular

A Unit-linked Non-Participating Life Insurance Plan

  • Tax Saver*
  • Return of life cover charges#
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Bajaj Allianz Life Guaranteed Pension Goal

A Non-Linked, Non- Participating, Deferred & Immediate Annuity plan

  • No Medicals
  • Quick Issuance
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Bajaj Allianz Life Flexi Income Goal

A Non-Linked, Participating, Guaranteed Income Life Insurance Plan

  • Flexibility to accumulate or receive Survival Benefits
  • Equity exposure up to 40%
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Bajaj Allianz Invest Assure

A Non-linked Participating Endowment Life Insurance Plan

  • Choice of two variants: Silver or Gold
  • Limited premium payment option
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Bajaj Allianz Young Assure

A Non-Linked, Participating, Life Insurance Plan

  • Guaranteed maturity benefit and guaranteed additions
  • Three cash instalment options
View All Life Insurance Plans

Easy to use Tools & Calculators to plan for your Life Goals!

Life Goal Calculator

Life Goal Calculator

Invest today to accumulate the wealth for your future Life Goals.

Child Education Planning Tool

Child Education Planning Tool

Plan your child's future in 3 simple steps

Most Used
Term Insurance Calculator

Term Insurance Calculator

An easy to use Term Insurance calculator that helps you determine your right amount of insurance that meet your needs and helps you get your family’s Life Goals Done

Savings to Life Goals Convertor

Savings to Life Goals Convertor

Use this calculator to know how savings from regular expenses like travel, eating out, movies can help you achieve your Life Goals.

 Financial Fitness Calculator

Financial Fitness Calculator

Financial Fitness Calculator

Immunity Score Calculator

Immunity Score Calculator

Use our immunity calculator to find out your immunity score in just a few clicks!

ULIP Calculator

ULIP Calculator

A simple ULIP calculator that helps you know, how much you need to invest today , to accumulate the amount you need to get your Life Goals Done tomorrow.

Power of Compounding Calculator

Power of Compounding Calculator

This calculator considers your investment amount, time period of investment and expected rate of return to give you an estimate of how much your investment will grow over a period of time. 

Income Tax Calculator

Income Tax Calculator

Use our Income Tax Calculator and find out your tax liability today. Explore your tax saving options and invest in tax saving investments from Bajaj Allianz Life.

Child Plan Calculator

Child Plan Calculator

Use this calculator to plan for your child’s education or marriage goals. It considers your child’s age, assumed inflation rate, your existing savings and the present-day cost of the chosen career goal or expenses for marriage to give you an estimate of the required additional amount and the annual savings needed to reach your goal. 

Retirement Calculator

Retirement Calculator

Worry-free retired life is possible with right planning. Retirement calculator is a simple tool that, based on your present income, years till retirement and the number of years for which you require pension, informs you the amount you need to invest one time or at regular intervals to live a comfortable retired life.

Investment Calculator

Investment Calculator

This calculator assesses your age, probable monthly investments, investment period and expected rate of return, to give you an estimate of the accumulated corpus with this investment.

Body Mass Index (BMI) Calculator

Body Mass Index (BMI) Calculator

Body Mass Index (BMI) is a measure to understand whether your body weight is healthy as per your height.


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Fraud Awareness Booklet



Why Bajaj Allianz Life Insurance

Claim Settlement Ratio of 99.02%~

Get 1 Day Claim Approval%

AAA (IS):Stable Rating by CARE$

Total Assets Under Management (AUM)**

Number of lives covered#

Solvency ratio of 581%^

Amongst ‘Top 75 most valuable Indian Brands 2020’1

One of the most Trusted Brand’2

Life Insurance Guide


Is Term Insurance Good?

Yes, absolutely. Term insurance plans are good and worth every penny you spend. Whether you are the sole provider in the family or have an earning spouse, having the protection of term life insurance 

Read More

How Does Term Insurance Work?

The current COVID-19 pandemic has revealed the uncertainty of life and highlighted the importance of term insurance plans. Whether you are the sole provider in the family or have an earning spouse, having the protection of term insurance is essential today.

Read More

Term Plan With Return Of Premium – Know All About It

Many Life insurance customers have expressed their concern on losing out their money if no claims are made during the tenure of their term insurance plan. To address this, life insurance companies are offering term insurance plans with a return of premium option.

Read More

How To Read A ULIP Benefit Illustration

As an investor and a taxpayer, you have probably wondered: "What is ULIP" A Unit Linked Insurance Plan (ULIP) is one of the many tax-saving investment options available for investors. It is a life insurance policy and an investment plan rolled into one product.

Read More

Staggered ULIP Payouts - How It Safeguards Your ULIP Investment

A unit linked insurance plan (ULIP) is a life insurance product that allows the insured to generate market-linked returns by taking advantage of different types of funds. With ULIP investment, you get life insurance protection, wealth creation opportunity and tax savings rolled into a single instrument.

Read More

ULIP Investment Plans – Frequently Asked Question

A unit-linked insurance plan provides insurance with investment in market linked funds. ULIP plans provide protection along with wealth creation. A professional fund manager handles the investment corpus and investors are provided various ULIP fund options to choose, ranging from debt to equity funds.

Read More

5 Investment Tips For Working Women

The participation of women in the workforce has risen substantially in the last few decades. Men are no more the only breadwinners in the family. From finance to management, to sales, women have excelled in all types of jobs.

Read More

Don’t Let COVID-19 Derail Your Long-Term Investment Plans

With increasing financial awareness in the country, financial products have gained wider acceptability. There are various types of investment. Some investments are made with a short-term objective

Read More

Investment Plans In India For FY 20-21

You earn and spend your income month after month, but the secret to securing your future and ensuring that you meet your life goals lies in investing. Life goals can vary from one person to the next.

Read More

How to Choose the Best Critical Illness Cover for Yourself

With increasing incidences of critical illnesses, such as heart ailments, insurance policies covering such diseases are a must-have in your insurance portfolio.

Read More

Everything You Need To Know About Critical Illness Health Insurance Plans

Being healthy is crucial to achieving any life goal. While one part of being healthy is exercising and eating healthy, the other element is to financially prepare for any illness or eventuality.

Read More

Know 4 Different Types of Health Insurance Plans

Healthcare expenses can be the biggest drag on your finances. With lack of quality public healthcare system, we invariably fall back on private medical services, which come at a higher cost. 

Read More

3 Signs You Need To Update Your Retirement Planning Strategy

After a lifetime of work, retirement is a time Indians look forward to relaxing. People prefer to spend their post-retirement life with children and family. Collective living reduces the consumption of financial resources at an individual level, which is often the motivation for people to ignore retirement planning

Read More

Types Of Pension Plans In India

There is no denying the need and importance of investing in a pension plan if you are a private sector employee, a businessman or self-employed person in India. While public sector workers are fortunate to have a state-sponsored pension system, it’s not so for a large chunk of the workforce working in the private sector.

Read More

Mistakes To Avoid While Calculating Retirement Savings

Do you think about your retirement life with fondness? Or, anticipate it with a sense of fear and worry? Perceptions are subjective, but how you think may rely a lot on the quality of your retirement planning and the size of your retirement savings.

Read More

What Is A Child Plan?

As a parent, one of the greatest joys of life is watching your children grow up into fine young people. Along with these joys, there is also the responsibility of ensuring that your children have all the resources necessary to grow into smart and responsible people.

Read More

What Is Life Insurance Policy?

Insurance penetration and insurance density, which reflects the development of the insurance sector in a country, is still very low in India.

Read More

Types Of Life Insurance Policies In India

A life insurance plan or policy allows a policyholder to enter into a formal contract with a life insurance company where the insurer agrees to pay a mutually agreed sum to the beneficiary in the event of the life assured's death or upon maturity of the plan.

Read More

Benefits Of Life Insurance Plans

On any given day, you may come across several TV commercials, newspaper and online ads, hoardings and magazines trying to tell you about the importance and benefits of life insurance.

Read More
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Investment updates

Monthly Fund Performance - July 2022

@ Bajaj Allianz Life

Trending @ Bajaj Allianz Life

#Plank To Thanks Indian Armed Forces | Bajaj Allianz Life

Happy Smart Assist Clients

Happy life goal clients

It is nice initiative taken by Bajaj Allianz Life company, great experience to connect virtually with sales person.

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Become a Life Insurance Consultant with Bajaj Allianz Life

Contact Us

Bajaj Allianz Life Insurance Company Ltd.

Bajaj Allianz House, Airport Road, Yerawada, Pune - 411 006, Maharashtra

Tel No: 020-66026773

Fax No: 020-66026789

Branch Visit Timings:

Monday to Friday - 9:00 AM to 3:30 PM

Saturday - 9:00 AM to 1:00 PM

Customer Care Helpline:


Monday to Sunday: 9:00 AM to 7:00 PM (IST)

NRI Services Helpline

24/7 (All week days)

Sales Enquiry Helpline:


Monday to Saturday: 9:00 AM to 7:00 PM (IST)

For NRI: +91-20-35125850 (Call charges apply)

Monday to Saturday: 9:00 AM to 7:00 PM (IST)

Find Us Online

  • Our Plans
  • Benefits of Life Insurance
  • About Us
  • FAQs
Retirement Plans


If you are looking for a financial product that provides dual benefit of life insurance cover & investment returns under one umbrella, then look no further than a Unit Linked Insurance Plan (ULIP). ULIPs serve as ideal long term financial instruments to secure one's finances and achieve their life goals.

Retirement Plans

Term Life Insurance

This is the most basic form of life insurance. It provides a high coverage amount with relatively low premium cost for a long term. Online Term Life Insurance Plans are the most affordable way to safeguard the financial security of your family against the #IfsOfLife. Term Plans today are available in multiple variants and can be tailored to suit your needs. Certain Term Plans are also available with a return of premium option or with Spouse Cover option.

Retirement Plans

Group Life Insurance

Group life insurance policies provide cover to groups of people such as employers-employees, co-workers, professionals, cooperative societies, etc. These plans are ideal in providing gratuity, annuity, insurance and savings to a group of people under one plan.

Retirement Plans

Child Plans

We want what's best for our kids, nothing less than that! A child plan ensures that your kids get exactly that. They help in planning and fulfilling the financial future of your children, right from their upbringing to their education and even their marriage! In simple terms, a Child Life Insurance Plan gives wings to your child's dream goals.

Retirement Plans

Retirement Plans

Retirement Plans begin by the life goals one has envisioned for themselves during their golden years. It ensures that you no longer need to worry about making ends meet. Investing in a Retirement Plan with Life Insurance cover today ensures complete peace of mind for tomorrow.

The 1st step to achieving your Life Goals is to literally have to describe the goal and your life in a great deal of detail. Once your life goals are defined, the next step is creating a plan to get there. Achieving life goals is a long and complex process. Based on your knowledge of what it will take to achieve your goal, the next step is to break it down into smaller components.

Most people buy Life Insurance primarily to ensure peace of mind and secure their families standard of living in case of any unfortunate event. Life Insurance ensures that your loved ones will meet their Life Goals, come what may!

A life insurance policy can prove advantageous in a number of ways besides just the risk cover. When you opt for a life insurance plan, you could stand to receive the following benefits.

Life insurance policy offers you tax saving benefits under section 80C of the Income Tax Act, 1961. Under this Act, the premiums paid towards a life insurance policy are allowed as tax deductions from your taxable income up to the tune of INR 1.5 lacs every year. The payout of a life insurance policy, if any, may also be exempt from taxation.

With a life insurance policy you stand to receive two loan-related benefits. The first is that if you meet with an untimely demise, your life insurance plan will safeguard your loved ones from any mortgages you may have, such as home loans, etc.

In case of a financial crunch, instead of surrendering your policy mid-way through your goal realization, you can easily avail loans by putting your life insurance policy up as a collateral. You can take a loan against the surrender value of your life insurance policy. This is applicable for certain types of Life Insurance products.

Some life insurance plans also provide as a useful investment and compulsory savings instrument. They allow for long term capital accumulation and appreciation whilst also protecting your family members from the ups and downs in life with tax benefits.  Everybody has life goals and Bajaj Allianz Life Insurance is here to help you achieve them.

A life insurance policy can also serve as an effective tool that aids in your financial planning at every stage of your life  goal. For example, with a child life insurance plan, you can plan for your children's upbringing, their education and even their marriages, right from the day they're born.

  • Amongst ‘Top 75 most valuable Indian Brands 2020’1
  • One of the most Trusted Brand2
  • Claims Settlement Ratio 99.02%~
  • 1 Day Claim Approval7
  • Solvency ratio of 581%^
  • AAA (IS):Stable Rating by CARE$
  • Claim deposits via electronic transfer to make process faster
  • ` 85,623 Crore Total Assets Under Management (AUM)**
  • 2.87 Crore number of lives covered#
  • Our Priority is not to sell Life Insurance, it is to serve you in the fastest & most convenient manner when you need us.

~Individual Claims Settlement Ratio for FY 2021-2022

**All figures as on 31 March 2022

^Solvency ratio 581% as at 31 March 2022 against IRDAI mandated 150%

#Individual & Group

1 Report published by Kantar millward brown

2Survey conducted by brand equity – Nielsen in March 2020

795.49% of non-investigative individual claims approved in one working day for FY 2021-22. 1 day is counted from date of intimation of claim before 3 PM on a working day (excluding Non-NAV days for ULIP) at Bajaj Allianz Life offices

$For details refer to press release published by CARE

"What are your life goals?" is one of the most common questions that comes to one's mind while taking any step further in Life. Most just answer it by laughing it off or saying we will think about it.

A key reason that they feel this way is that they haven't spent enough time thinking about what they want from their life, and haven't set themselves any goals.

Goals keep changing as per different life stages and one has to plan meticulously for their future.

Deciding your Life Goal is all about planning to "Live your life, your way". There could be various Life Goals such as trotting the globe, becoming a food blogger to starting your own business, owning your dream house, or planning your Childs education or marriage.

L"IF"E is full of IF's... and one needs to plan to secure their loved ones and themselves against the Ifs of Life. When you opt for a life insurance plan, you transfer your family's financial risks in case of any unfortunate event to the life insurer. This allows you and your loved ones to live life fearlessly. Life Insurance protects your family's financial wellbeing from the consequences of living without an income.

When you purchase a life insurance policy, one of your major life goal gets fulfilled i.e. you purchase a sense of security. A safety net that cushions your family members from the financial impact of your sudden absence and ensures that any outstanding debts that were incurred during your lifetime don't fall upon your loved ones.

Having life goals is an important aspect in each one's life. One needs to be SMART and plan out well in advance to ensure nothing goes wrong in the future. Life insurance offers a range of products that could come in handy for meeting your financial goals.

To ensure that it is not too late, get your #LifeGoals insured with us today! It will help you smile in the face of tomorrow's uncertainties and let you live a worry free life!

Buying a life Insurance Plan is not just about money, It's about taking the right step today to work towards your Life goals and attain peace of mind. One feels the need of  buying life insurance when he or she has someone else who is dependent on their income. The best time to buy a life insurance policy is when you're young and are less susceptible to life threatening diseases or events. What's more beneficial is that the premium amount will also be lesser than someone who is older, since the mortality rates are linked to age. Also, if the life insurance policy you choose is one that grows your money, then if you start early you don't have to worry about attaining your financial goals  when you're older.

Let's take an example to understand this:

Gaurav aged 30 years has taken a Bajaj Allianz Future Gain policy for a Policy Term (PT) of 30 years. Gaurav has decided to pay Rs.2500 as monthly premium for a premium payment term of 30 years. The Sum Assured chosen by him is Rs.4,50,000. Gaurav will receive Rs.2,709,720 lakhs (the bond fund {ULIF02610/07/06BONDFUNDLI116} value at assumed investment rate of 8%) OR Rs.1,350,016 lakhs (the bond fund value at assumed investment rate of 4%) on maturity.

In case of Gaurav's unfortunate death, in the 14th policy year, his nominee will receive Rs.4,92,807 lakhs (at 4%) or Rs.6,61,701 lakhs (at 8%) as death benefit***

Disclaimer: The returns indicated at 4% and 8% are illustrative and not guaranteed and do not indicate the upper or lower limits of returns under the policy. The sum assured amount and/or other benefit amount indicated, if any, is a non-guaranteed illustrative figure and is subject to policy terms and conditions and claim scrutiny.

***Death benefit would be higher of the sum assured or regular premium fund value PLUS higher of top-up premium sum assured or top-up premium fund value, if any, subject to policy terms and conditions. The death benefit is subject to the guaranteed death benefit, which is 105% of the total premiums paid including top-up premiums paid, if any, till the date of death. GST is charged based of type of the Policy, communication address of the Policy Holder. This may change subject to change in rate / state in address of the policy holder as on date of adjustment.

The premium you pay is decided by a number of factors. Some of them are your age, the younger you are, the less premium you pay. Your gender, women pay a marginally lower premium than men. Premium will also depend whether or not you are a tobacco user, if you smoke or chew tobacco, you'll end up with a higher premium amount. The tenure will also play a big role, the longer the tenure, the more the premium you pay.

Useful Tips to buy Life Insurance

Getting the best life insurance policy ultimately boils down to these four pointers.

1. Start young:

When you start young, you get the same coverage at a lower premium, thus allowing you a long-term, low-cost cover at minimal premiums.  The earlier you plan for your life goal the better it is for you.

2. Calculate your needs:

Getting the best life insurance policy means getting a plan that covers  all your needs and helps you work towards your life goals.  Thus to get a good plan, understanding your needs first, becomes of utmost importance.

3. Ready for inflation:

An ideal life insurance policy is the one that is inflation-proof, ensuring a comfortable life to your loved ones, even 10 years down the line!

4. Go online:

Nowadays, the best life insurance plans are available online. This is because they offer the same coverage as their offline counterparts, but at differential premium rates.

The Life Cover or Sum Assured is one of the most critical aspects of a life insurance policy. This is because, in case of any unfortunate event, it's the coverage amount that will safeguard the financial interest of your family. It's important to note that the coverage amount needed will differ from one person to another depending on a few factors, some of which are stated below:

1. The number of dependents:

The coverage amount is designed to take care of your loved ones in case you're no longer around to do so yourself. Therefore, the higher the number of dependents, the higher the coverage amount needed.

2. The lifestyle expenses of your family:

When fixing on your sum assured, make sure you take into account the present lifestyle expenses of your family. This will ensure that they enjoy a comfortable life, come what may.

Take into consideration the cost of inflation: Fixing on a coverage amount based on costs today would be a dire mistake, because this amount will not support your family's expenses 10 or 15 years down the line till the next family member comes of earning age. Also, costs of education escalate faster than normal inflation rates. Hence, one must fix on a coverage amount that includes the cost of inflation.

3. Also consider the liabilities you have:

The last thing you want is for your family members to bear the burden of your liabilities. So, if you have any loans or debts, make sure the sum assured covers these costs.

Disclaimers -

#Survey conducted by brand equity – Nielsen in March 2020

*T& C apply – The guaranteed benefits are dependent on the purchase price & annuity option chosen. For more details please refer to sales brochure.

1Product feature/benefit mentioned above are dependent on variant

2Above illustration is considering Male aged 25 years | Non-Smoker | Life Cover Variant | Policy term (PT)– 30 years | Premium Payment Term (PPT) – 30 years | Sum Assured opted is Rs. 1,00,00,000 | Online Channel | Medical rates | Annual Premium Payment Mode | Premium shown above is exclusive of Goods & Service Tax/any other applicable tax levied, subject to changes in tax laws, and any extra premium and is for illustrative purpose only.

33% Discount is available for regular premium and limited premium payment frequency under all variants of Bajaj Allianz Life Smart Protect Goal - A Non Linked, Non-Participating, Pure Life Term Insurance Plan

^Subject to eligibility and no adverse disclosure

^^As per variant opted. The variant chosen at inception cannot be

Best Seller refers to Bajaj Allianz Life Insurance plans which have been bought by large number of customers through the website since their launch.

~Tax benefits as per prevailing Income tax laws shall apply. Please check with your tax consultant for eligibility.

**Past performance is not indicative of future performance. 

##Our policy covers COVID 19 claims subject to policy terms and conditions being met