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Bajaj Allianz Total Health Secure Goal Launched

In Business
April 22, 2019

PUNE:
Bajaj Allianz General Insurance, India’s leading private general insurance company and Bajaj Allianz Life Insurance, one of India’s leading private life insurance company together launched their first combi product ‘Bajaj Allianz Total Health Secure Goal’.

This insurance plan is designed to take care of customers’ health and life goals, through one comprehensive insurance policy. Thus, removing hassles of maintaining two separate policies. Bajaj Allianz Total Health Secure Goal is a combination of two existing plans – Health Guard policy by Bajaj Allianz General Insurance and Bajaj Allianz iSecure from Bajaj Allianz Life Insurance. This combi plan offers customers an additional 5% discount on the total premium payable and provides flexibility of availing service or communication on the product from either of the companies.

Commenting on the product, Tapan Singhel, MD & CEO, Bajaj Allianz General Insurance said, “I strongly believe that it’s important to have an appropriate health insurance plan and a term insurance plan to have a secured life and a life of dignity. While a health insurance plan ensures financial security in case of any medical exigency, a term insurance plan takes care of financial needs of the family if the insured were to unfortunately pass on. With this thought in mind, we collaborated with Bajaj Allianz Life Insurance to launch Bajaj Allianz Total Health Secure Goal to provide a comprehensive insurance solution to our customers.”

Highlighting the need of the product, Tarun Chugh, MD & CEO, Bajaj Allianz Life Insurance said, “The idea is to offer customers two essential insurance products in one. Both health and life cover is a must in every one’s portfolio, and by offering a discounted rate we hope to incentivise customers to take care of their healthcare expenses in a planned manner and secure the life goals of their loved ones, without derailing their journey towards the life goals in case something unplanned were to happen. For customers who prefer taking a single cover for fulfilling their life and health goals, this combi product offers a powerful proposition.”

This combi product will be available across all channels for the customers. Under Health Guard policy, customer can opt for a Silver or a Gold Plan with a sum insured that ranges from Rs. 1.5 lakh to Rs. 50 Lakh that will take care of hospitalization expenses incurred by the customer. Bajaj Allianz iSecure offers customers the advantage of a level term cover at a low cost. Special premium rates for non-smokers and high sum assured, amongst others are some additional features.

Bajaj Allianz iSecure also comes with a Joint Life option for covering your spouse. The combination of these two products – Bajaj Allianz Total Health Secure Goal provides a 360 degree insurance solution. It ensures that health and security needs of the customer are taken care of without exhausting their savings and compromising their family’s financial condition.