Bajaj Allianz Life Insurance Company is a joint venture between Bajaj Finserv Limited which is a non-banking financial institution in India and Allianz SE which is world's leading insurance and asset management company. Began operations in August 2001.
'Life Goals Done' is company's Objective. Products cover long-term life goals of customers from Life protection, wealth creation to retirement solutions. There are 509 branches for enhanced customer engagement. Company is ensuring lives of 2.87 crore individuals and have Assets Under Management of Rs. 89,446 crore and Claims Settlement Ratio of 99.02% with a AAA Rating that signifies highest degree of safety regarding timely servicing of financial obligations.