A partnership between Bajaj Finserv Limited and Allianz SE, Bajaj Allianz Life, has been working with the vision to become the best life insurance company in India to buy insurance from, to invest in, and work for. The company is a healthy blend of local experience through Bajaj and global expertise through Allianz. Thanks to the experience, technical knowledge, and life insurance solutions of Allianz and the detailed market knowledge of Bajaj, the insurance company has earned the trust of many in a short period of time.
The company has created abundant life insurance plans for various segments of the society – be it in terms of age or income. The insurer offers term insurance plans, ULIPs, savings plans, investment plans, retirement plans, child plans, health cover plans, group insurance plans, and several riders.
The life insurance company will offer the benefits of the plan purchase on payment of a certain amount of money on a regular basis known as the premium. The premium amount is what one needs to pay on a monthly, quarterly, half-yearly, or yearly basis, as opted for, in order to keep the plan active. While purchasing a life insurance policy, one will want to know how much he/she will have to pay towards the policy in order to enjoy the features listed in the brochure of the plan. While one can contact the insurance agent or call up the customer care executive of the insurance company to find out the same, this can be thoroughly time-consuming. Finding out the prices of different plans and how the cost would vary based on changes in certain factors such as the sum assured or the premium payment mode, through phone calls would be a tedious task. Hence, insurance companies such as Bajaj Allianz have created online premium calculators that help one understand the costs of different life insurance plans.
The premium payable towards a life insurance plan offered by Bajaj Allianz varies based on factors such as the sum assured amount chosen, premium payment mode opted for, age of the assured, lifestyle habits of the assured, and so on.
Bajaj Allianz offers the premium calculator on its official website at https://www.bajajallianzlife.com/calculators/life-insurance-calculator.jsp.Here’s how a prospective policyholder can use the premium calculator:
The premium calculator is a helpful tool that helps prospective life insurance policyholders zero in on a suitable plan. The premium calculator has many advantages as given below:
The premium calculator offered by Bajaj Allianz is a beneficial tool that will help an individual understand what kind of plan to get and how much he/she will have to get. Since different calculators are available for different plans, the questions asked are more specific. Hence, the premium estimate provided will be accurate. So, if you’re looking to buy a life insurance plan offered by Bajaj Allianz, try the premium calculator to aid you in deciding which plan you want to purchase faster.