|
Insurance
09-Jun-21
|
|
|
|
|
|
|
Bajaj Allianz Life Insurance declares Rs 1,156 crore bonus
|
|
|
|
Private life insurer Bajaj Allianz Life has declared a bonus of Rs 1,156 crore to its policyholders. This includes a special one-time bonus of Rs 315 crore, which is over and above the regular bonus.
The company aims to ensure there is adequate support, in these unprecedented times, to its customers in achieving their life goals, the insurer said in a statement.
These bonuses are funded from the profits generated by the company's participating policyholders' funds for the year FY 2020-21. This move is expected to benefit nearly 12 lakh (11,99,612) policyholders, who have stayed invested and entrusted their faith in the company.
The bonus declared by the company is for the policies of all par products, which are in-force for full sum assured as on March 31, 2021, and for which customers are paying premiums regularly. The one-off special bonus and the regular reversionary bonus are payable at the time of maturity or death of the policyholder.
Tarun Chugh, managing director and chief executive officer, Bajaj Allianz Life Insurance, said, “Our employees and our customers' Life Goals continue to be our key priorities as we collectively move ahead in these tough times. We want to assure each of them, especially our customers that we will stay by their side, and assure the best of our services and unwavering support towards keeping their Life Goals on track. We are sure that this one-off special bonus will not only make our customers happy, but will encourage several of our customers to stay invested in their Life Goals.”
|
|
Previous News |
J & K Bank enters into corporate agency agreement with Bajaj Allianz Life Insurance Company
(
Corporate News
-
21-Mar-23
11:57
)
|
|
Bajaj Allianz Life Insurance announced highest ever bonus of Rs 1,383 crore
(
Insurance
-
30-Apr-24
17:35
)
|
|
No plan for IPO as of now, says Bajaj Allianz Life CEO
(
Insurance
-
14-Aug-21
09:08
)
|
|
Bajaj Allianz Life Insurance settles claims worth Rs 700 crore in FY21
(
Insurance
-
31-May-21
09:20
)
|
|
Bajaj Allianz Life Insurance unveils its first small-cap fund in ULIP segment
(
Insurance
-
19-May-23
13:32
)
|
|
Bajaj Allianz Life Insurance joint hands with TMB to offer its products
(
Insurance
-
10-Dec-22
09:26
)
|
|
AU Small Finance join hands with Bajaj Alliance Life Insurance for bancassurance Partnership
(
Insurance
-
08-Sep-23
15:56
)
|
|
Bajaj Allianz Life unveils its new Policy ‘Bajaj Allianz Life ACE'
(
Insurance
-
01-Sep-23
17:07
)
|
|
Insurance companies to be hit due to new tax regime: Says Chugh
(
Insurance
-
17-Feb-23
19:58
)
|
|
Karur Vysya Bank enters into corporate agency partnership with Bajaj Allianz Life
(
Corporate News
-
08-Jul-20
12:23
)
|
|
Bajaj Alliance Life ties up with Punjab & Sind Bank for Corporate Agency Partnership
(
Insurance
-
12-Jan-23
09:27
)
|
|
|
|
Other Stories |
|
|
|
|
|
|
|
|