• Bajaj Allianz Life Insurance Retirement Plans

     3.5 / 5.0   by 5 users
    Used this product? Write a review >>

    Plan Benefits

    Payment Options

    Policy Coverage

    Customer Service

    Bajaj Allianz is a joint venture between Bajaj Finserv Limited and Allianz SE where Bajaj owns 76% of the company and Allianz SE owns the remaining 24%. It has, as its channel partners, Global Fin sold Pvt Ltd and Dhan Lakshmi Bank. The company has been operating in the insurance sector since 2001 and built up a huge customer base whom they have served impeccably.

    Among the many insurance products on offer from the company are its retirement plans which are designed to help you retire in peace. In most cases, the very thought of retirement could scare people because retirement would mean loss of a regular income but with these plans, those worries can be laid to rest.

    Bajaj Allianz Retirement Plans

    Lifelong Assure

    This is a plan that provides policyholders with the assurance of an income even after retirement .

    • The plan provides cover till the age of 100 years.
    • The death benefits of the plan are 300% of the sum assured.
    • The plan comes with premium paying terms that range from 10 to 20 years.

    Pension Guarantee

    When it comes to retiring, most people are scared about losing their source of income. As the name suggests, this plan is meant to help policyholders retire in peace.

    • The plan comes 6 variants that policyholders can choose from, based on their needs.
    • The annuity offered by the plan can be taken for a period ranging from 5 years to 20 years or more.
    • The plan also offers cover for the policy holder and their spouse.

    Retire Rich

    Once you retire, the loss of a regular income could mean that you will need to change your lifestyle. To protect against that Bajaj Allianz offers the Retire Rich plan which is meant to ensure that your lifestyle remains the same even after retirement.

    • The plan offers guaranteed vested and death benefits.
    • The premiums can be paid as a lump sum, for a limited period of time or throughout the term of the policy.
    • The policy also offers policyholders the option to change the premium paying term at any time they want.

    Subhash works hard and earns a good salary that allows him to pursue his passion of travelling. He plans to travel even when he retires but when he does retire, he realizes that his savings are not sufficient to support his passion. If Subhash had invested in a retirement plans, he could have gone on living life, doing what he loved doing.

    Why Buy from Bajaj Allianz

    Being one of the prominent insurance providers in the market the company has no shortage of policies to choose from.

    Bajaj Allianz is also known for having honored over 90% of the claims submitted to them. The company offers detailed information about each plan so that customers can do their research in peace before they apply.

    Tips for Bajaj Allianz Retirement Plans

    The Bajaj Allianz that can be offered about retirement plans is that since Bajaj Allianz has so many retirement plans to choose from, it would be best if you took your time to read through them, understand them and then make a choice on what to buy.

    Other Bajaj Allianz Life Insurance Plans

    GST of 18% is applicable on life insurance effective from the 1st of July, 2017

    Bajaj Allianz Retirement Plans Reviews

  • Page 1 of 1
    • Bajaj Allianz Life Life Insurance
      0.5 4.0/5 "Great!"
      Bajaj allianz life insurance has been good in their services. I have been with them for the last two years. I have not faced any hassle. They send me alerts on payments. I have taken a pension plan from them. The premium is on a monthly basis. The tenure is for 15 years. I would receive the pension after that.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 18, 2015
    • Bajaj Allianz Life Life Insurance
      "Very good"
      0.5 4.0/5 "Great!"
      From Bajaj Allinze i have pension plan for the tenure of 20 years. After the maturity we will get the lump sum amount .Death coverage is given under the plan. Payment are done through cheque.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 06, 2015
    • Bajaj Allianz Life Life Insurance
      "Good policy"
      0.5 4.0/5 "Great!"
      I am holding a life insurance with Bajaj alliance, this insurance was taken for a period of 15 years. We have to pay insurance for 10 years once after 15 years once after the policy expires we will get some pension. Incase of accident or any unforeseen happenings this policy would help also. Also they have provided one additional feature where I have to pay a small amount to get a cover for critical illness again in case of any unforeseen happenings they will providing 9 lakhs for my family.
      Was this review helpful? 0
      , thiruvananthapuram
      Reviewed on Jul 30, 2015
    • Bajaj Allianz Life Life Insurance
      "Good "
      0.5 4.0/5 "Great!"
      I do have a Life Insurance with Bajaj Allainz and I have taken this as a pension plan.The service provided was good and I am having this Insurance for last 3years.I have done one time payment in this Insurance which is 96175Rs in which they provide coverage upto 5Lakhs and pension will be provided every month after retirement.
      Was this review helpful? 0
      , rajkot
      Reviewed on Jul 24, 2015
    • Bajaj Allianz Life Life Insurance
      "Not good"
      0.5 1.0/5 "Really Bad"
      I have taken a pension plan from Bajaj alliance this plan was taken during the year 2011. However I can enjoy the benefits of the plan only after 55 years . I have been promised a lot of benefits like I will be getting 40000 on a monthly basis after 55 years and so many other things. I am not sure how far its true. The executives came to my place and I took the policy through them and I am happy with the payment options also.
      Was this review helpful? 0
      , guwahati
      Reviewed on Apr 25, 2015
    Common Loader Icon
    Page 1 of 1
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.