Bajaj Allianz Life Claim Settlement Process online and offline

Bajaj Allianz Life insurance claim assistance process is simple and hassle free. Bajaj Allianz Life is a joint venture between Bajaj Finserv Limited and a German company Allianz SE.

Bajaj Allianz Life Claim Settlement Process - Paisa kaudi
Bajaj Allianz Life Claim Settlement Process – Paisa kaudi

Bajaj Allianz Life Insurance Claim Process – Overview

  • Bajaj Allianz Life provides a simple and hassle free claim settlement process.
  • Bajaj Allianz Life has 99.02% of claim settlement ratio in the FY 2021-22.
  • Company provides 1 day claim approval on the eligible policies subject to the following condition:
    • 1 day is counted from date of intimation of claim before 3PM on working day (excluding NON -NAV days from ULIP at Bajaj Allianz Life offices
GoalHow to make a Bajaj Allianz Life Insurance Claim
Contact Numbers1800-209-7272
Email IDcustomercare@bajajallianz.co.in
Claim Settlement Ratio (2020-2021)99.02%
Average Claim Settlement Time30-120 days

How to Process Bajaj Allianz Life Insurance Claims Online?

Bajaj Allianz Life Insurance follows 3 quick and simple steps to the claim settlement process. Nominee/ Claimant can download the claim intimation form form the Bajaj Allianz Life website and can follow the steps below.

  • Step 1 : Claim Reporting
    • Nominee/Claimant have to fill the claim form, attach the necessary documents and submit it to any of the nearest Bajaj Allianz Life branch.
  • Step 2 : Claim Processing
    • The Claim Expert team of Bajaj Allianz Life will assess your claim and be in touch with you via SMS, e-mail or call, in case any further documents are required.
  • Step 3 : Claim Settlement
    • Once all required documents are received and verified, the company will settle your claim in accordance with terms and conditions of the policy purchased.

How to make Bajaj Allianz Life Claims Offline (Branch)?

Policyholders/claimants can visit any of the Bajaj Allianz Life branch offices and register the claim and submit the required documents. The Claim Expert team of Bajaj Allianz Life will evaluate and process your claim for settlement.

Documents required for Death Claim at Bajaj Allianz Life Insurance

For Medical / Natural Death :

Nominees have to submit the following documents along with the claim form to register a claim.

  • Original policy documents
  • Original/attested copy of death certificate issued by local municipal authority
  • Death claim application form (Download Form)
  • NEFT mandate form attested by bank authorities / canceled cheque / bank account passbook.
  • Nominee’s photo identity proof such as,
  • Passport
  • PAN card
  • Voter identity card
  • Aadhar (UID) card
  • Attending physician’s statement (Download Form)
  • Medical records such as,
  • Admission Notes
  • Discharge/Death Summary
  • Test Reports
  • Employer certificate (where applicable) (Download Form)

For Accidental/Unnatural death :

For Accidental or Unnatural death, in addition to the above documents you need to present the following documents.

  • First Information Report (FIR) or Panchanama/Police complaint
  • Post Mortem report (PMR)
  • Final Police Investigation report (FPIR)/Charge sheet

For Critical Illness Claims:

  • All the documents mentioned in the natural death claim.
  • Critical illness Claim form (Download Form)
  • Medical records/ indoor papers of the hospital
  • Hospital discharge summary
  • Hospital bills

For Disability / Hospitalization Claims:

  • All the documents mentioned in the natural death claim.
  • Disability Claim Form
  • Medical records

How to track your Claim in Bajaj Allianz Life Insurance?

For tracking your claim, you just need to call on the toll free number. Claim expert team will assist you on this.

Bajaj Allianz Life Insurance Claim Process FAQs

How much time does it take to settle a Bajaj Allianz Life Insurance Claim?

It takes 30 to 180 days to settle a Bajaj Allianz Life Insurance Claim.

What is the claim settlement ratio of Max Life insurance in 2021-2022?

Claim settlement ratio of Max Life is 99.02% in 2021-2022.

Is COVID-19 claim covered under my policy?

Death claim due to COVID-19 is covered under all policies of Bajaj Allianz Life and shall be processed as per the terms and conditions of the policy.

Can I register a claim at any Bajaj Allianz Life Branch?

Yes. You can register your claim at any branch of Max Life Insurance.

Where can I find the Claim form?

You can visit Bajaj Allianz Life’s website, branch or ask their Insurance Consultant for the Claim form and the list of documents to be submitted.

How will I receive the claim amount?

Claim amount will be transferred directly to the nominee’s bank account through electronic fund transfer.

This covers all the points on Bajaj Allianz Life Claim Process. In case you have more questions, please write in the comment box and we will get back to you.

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