Bajaj Allianz Life Insurance Claim FAQ & Status Track : sales.baliconline.in

Organization : Bajaj Allianz Life Insurance Co. Ltd
Service Name : Check Claim Status Online

Search Status Here : https://sales.baliconline.in/SalesPortal2/icZone/ClaimStatus.jsp

Track Claim Status:

Is your claim already registered with us? Please check your claim status online (for individual claims).

Related : Bajaj Allianz Verify Your Policy Online : www.statusin.in/20953.html

Search Claim Details:
** Enter the Policy Number.
** Enter the Notification Number
** Enter the PH/LA Date of Birth in the format DD-MM-YYYY and
** Submit the Search button.

Claims FAQ’s:
Whether death in a terrorist attack is covered?:
Covered for Basic benefit in all scenarios , except for some exclusions for accidental death benefit (if availed) if death happens in a area declared as disturbed area.

Whether Death In Natural Calamities i.e. Tsunami , Earth quake , Flash Floods etc is covered?:
Covered in all scenarios for both , Basic Benefit and Accidental Death Benefit(if availed).

Whether Loss of policy bond result into non -settlement of claim amount?:
No. Claims are settled with some additional documentation.

If coverage during Foreign Travel / Stay is available?:
For basic benefit no restriction of foreign travel or stay is imposed. Under Accidental Death benefit ( if availed ) may be subjected to few restrictions.

Whether claim can re-applied again if decision is not satisfactory?:
Yes. Fresh application may be sent to Claims Review Committee for re-evaluation.Communication address is provided to all claimants in Repudiation / Rejection Letters.

Received death benefit on the policy of my late. Am I entitled for any tax benefits on this?:
Yes, the death benefits received by nominee are exempt from tax as per 10 (10D) of Income Tax Act.

What is the procedure when there is no nomination or in case of nominee a person or firm into whose name the policy is transferred in order to facilitate transactions, while leaving the customer as the actual owner’s death?:
In such circumstances, it is termed as “Open Title” situation. The company would require the proof of title / succession certificate issued by the competent court. The claim Notification to an insurance company that payment of an amount is due under the terms of the policy. would be paid to the person specified in the said proof. The succession certificate should specifically provide orders for disbursement of policy monies. If, however, the deceased has left a Will, a probate of the Will is required along with the copy of the Will.

About Us :
We all care about our family and wish to ensure their financial security in the best possible way. A life insurance policy is an ideal way to secure our family’s future, if we’re suddenly not around to fulfill our responsibilities towards them.

Millions of people buy life insurance policy every year in India for reasons such as ensuring family security, availing tax benefits, savings, etc. If you’re the sole bread winner of the family then your untimely demise can cause financial distress