Bajaj Life Insurance

Bajaj Life Insurance Limited, formerly known as Bajaj Allianz Life Insurance Company Limited, is one of India’s fastest-growing private life insurers. Our organisation is transitioning to being 100% owned by the Bajaj Group – a household name in India with a 100-year legacy of trust and credibility. As part of Bajaj Finserv Limited, one of the country’s most diversified and respected financial services groups, we bring innovation, a customer-first mindset, and technology-led solutions to the forefront. Today, we stand as a trusted partner to over 3.85#crore Indians in securing their future.
At a Glance, Numbers you should know
· ₹1,31,052Cr Assets Under Management
· 359%^Solvency Margin
· 99.29%~ Claim Settlement Ratio
· 597 Branches
· 1.61 Lakh+ Insurance Consultants
· 25,000+ Our Employees
We offer a diverse range of plans to support Life Goals at every stage. Our life insurance products ranging from ULIPs with Zero Allocation Charges to the SISO Investment Approach are built to drive long-term growth. Our holistic term plans address specific needs, whether it’s cover for diabetics, or the Superwoman Term Plan with enhanced critical illness benefits. Every product is thoughtfully designed to meet the Life Goals of millions of Indians.
Driven by innovation and inclusivity, we remain committed in enabling customers achieve their Life Goals through value-driven, innovative products that are simple to understand, affordable and designed to address long-term needs such as protection, wealth creation, retirement planning, and more. These offerings are supported by a comprehensive suite of future driven, digital-first services across customer touchpoints, ensuring seamless accessibility and convenience.
We have a robust distribution network of 597 branches and over 1,60,947 agents (as on 30th June, 2025), complemented by partnerships with leading Indian banks as well as wide network of corporate agents, providing customers with convenient access to our products.
^Solvency ratio 359% as at 31 March 2025 against IRDAI mandated 150%
~Individual Death Claim Settlement Ratio for FY 2024-2025
#Individual and group, as on 30 June, 2025.