Bajaj Allianz Life Insurance
Bajaj Allianz Life Insurance Claim Settlement Process

Bajaj Allianz Life Insurance Claim Settlement

If you have bought the Bajaj Allianz Life Insurance plan and are now feeling relaxed about the future of your family, then know that there’s more to it. Just buying a health insurance policy is not the end of your responsibility. It is important to understand that your family will be able to claim the assured amount only when they follow the exact claim process. The policyholder, too, needs to abide by all the rules and regulations and then only he can enjoy the amount on maturity. So, it is extremely necessary that you acquaint yourself as well as the nominee with the claim filing process.

This write-up aims to walk you through the claim filing process at Bajaj Allianz Life Insurance company. Read on to know more!

Complete Claim Settlement Process For Bajaj Allianz Life Insurance

Bajaj Alliance offers a seamless and hassle-free claim settlement process. Here’s what you are required to do while filing the claim with the insurer:

  • Report your claim with the insurance company: It is important to report the claim to Bajaj Life Insurance company within the stipulated time. Make sure you do not cause any unnecessary delay. For this, you are required to print out the claim form from the official website of Bajaj Allianz. Fill out all the necessary details in that form. Also, do not forget to attach the documents along with the duly filled form. Next, you have to submit these at a Bajaj Allianz Life Insurance branch nearest to you.
  • Claim processing: The insurance company then evaluates your claim form as well as all the attached documents. They may also send you a reminder in case you have missed out on attaching any significant document. You will continue to get SMS so that you stay acquainted with the complete claim process. 
  • Claim settlement procedure: In cases of death claims, the turnaround time for the insurance company to share more about claim requirements is about 15 working days from the day of claim registration. And in case of claim approval or rejection, the same takes place within 30 business days of receiving all the necessary documents. 

However, if the claim requires a certain level of investigation, then the insurer will take around 90 working days to investigate the matter. And the settlement will be done in the upcoming 30 days.

How Can You Check Bajaj Allianz Life Insurance Claim Status?

If the policyholder has already filed a claim with the company and now wishes to know about the present status of the claim, then you can follow the below-mentioned points:

  • First of all, you need to visit the official website of Bajaj Allianz Life Insurance.
  • Next, as you scroll down and reach the footer of the website, you will see an option that says “Tools and Support”. Below this option, you will come across “Claim Assistance.”
  • Click on this and you will be redirected to the claim page.
  • Again, you need to scroll down halfway through the page and you will see the heading that says “Check your life insurance claim status.”
  • Just below it is a tab in orange colour that says “Click here.”
  • Click on the same and you will be asked to fill in details like policy number and notification number. Provide the details and then click on search. You will get to know the exact claim status.

From Where Can You Download Claim Form?

Here’s how you can download the claim form in a few easy steps!

  • Visit the website of Bajaj Allianz Life Insurance company.
  • Then scroll down and come to the footer of the website.
  • And then select the option “Claim Assistance.” Click on the same.
  • You will be redirected to the claim support page of the company.
  • Again keep scrolling down and then click on the “Read more” option just under “Claim reporting.”
  • You will be asked to fill in details like your name, policy number, pin code and so on. After filling in the details, you will have to click on “Proceed to download the form.”

How Much Time Generally Bajaj Allianz Take To Settle a Life Insurance Claim?

Bajaj Allianz takes somewhere between 30 to 120 days depending on whether the claim requires some investigation or not.