logo
Bajaj Allianz Life Insurance Simplifies Claims Process for Policyholders Affected by Pahalgam Tragedy

Bajaj Allianz Life Insurance Simplifies Claims Process for Policyholders Affected by Pahalgam Tragedy

Special claims settlement desk established to support affected families
Process has been simplified to settle claims with minimal documentation
Claims will be settled promptly, as they will receive the highest priority
Bajaj Allianz Life Insurance, one of Indias leading private life insurance providers, expresses its deepest condolences to the families affected by the unfortunate terror attack in Pahalgam, Jammu & Kashmir on April 22, 2025. In response to this tragic incident, the Company has implemented special provisions to address the needs of the affected lives assured's families.
Understanding the immense challenges faced by the affected lives assured's families during this difficult time, Bajaj Allianz Life Insurance has established a dedicated special claims settlement desk to prioritize the processing of death and disability claims for its customers impacted due to this tragedy. With utmost urgency, an expeditious process has been established to swiftly settle these policy claims.
To simplify the process, Bajaj Allianz Life Insurance has listed a minimal documentation process that nominees, legal heirs or policyholders need to submit to process their claims through any of the following convenient modes:
Call the company's toll free number 1800-209-7272
Visit one of the nearest branches among the 578 branches across the country
Email at: claims@bajajallianz.co.in
Bajaj Allianz Life Insurance remains committed to supporting its policyholders through challenging circumstances and will continue to provide prompt assistance to those affected by the Pahalgam tragedy.
About Bajaj Allianz Life Insurance
Bajaj Allianz Life Insurance is one of India's leading and fastest growing private life insurers. The Company is a partnership between two powerful and successful entities in their own right – Bajaj Finserv Limited, one of India's most diversified non-banking financial institutions and Allianz SE, one of the world's leading asset manager and insurer. The Company commenced its journey in 2001, and today delivers its promise of Life Goals. DONE. through innovative value-packed insurance products that are backed by a robust tech and digital ecosystem. Bajaj Allianz Life Insurance continues its journey of transformation through its products and tech-enabled state-of-the-art services to enhance customer delight.
Bajaj Allianz Life now serves over 3.93 crore* individual and group customers. The Company has a large distribution network of 578 branches* 1,60,294 agents*, 407 institutional partners, including 33 bank partners across India and its proprietary sales channels (online and offline). Bajaj Allianz Life Insurance manages Assets Under Management to the tune of over Rs. 1,18,350 crores*. It has an Individual Claim Settlement Ratio of 99.23 % and a strong Solvency Ratio of 432% (as on 31st March 2024).
*as on 28th February, 2025.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Dwarka Expressway Emerges as Real Estate Hotspot with 32% Price Surge Amid Soaring Demand for Luxury Living
Dwarka Expressway Emerges as Real Estate Hotspot with 32% Price Surge Amid Soaring Demand for Luxury Living

Fashion Value Chain

time29-04-2025

  • Fashion Value Chain

Dwarka Expressway Emerges as Real Estate Hotspot with 32% Price Surge Amid Soaring Demand for Luxury Living

Gurugram's Dwarka Expressway has swiftly transitioned from a development corridor to one of the most sought-after residential destinations in the National Capital Region (NCR). Property prices along the expressway have surged by as much as 40%, rising from Rs. 12,500 per sq. ft. at the launch of key projects to over Rs. 17,500 per sq. ft. today. Dwarka Expressway Representation image This sharp rise reflects a broader trend seen across Delhi-NCR, which currently leads India's booming real estate market. According to a recent report by CREDAI, Colliers, and Liases Foras, Delhi-NCR recorded the highest annual housing price growth among the top eight cities, with a 31% year-on-year increase in Q4 2024. This far outpaced the national average of 10%, followed by Bengaluru at 23%. The surge in Dwarka Expressway's real estate value is underpinned by major infrastructural progress, strategic location advantages, and a growing demand for premium lifestyle housing among both Indian and NRI buyers. A key driver of the region's transformation is its enhanced connectivity. The expressway serves as a vital link connecting Delhi, the Indira Gandhi International Airport, NH-8, and Gurugram's commercial districts. As the expressway nears completion and with metro connectivity on the horizon, the area is poised for sustained growth in high-end real estate development. Additionally, buyer preferences have evolved significantly. Modern homebuyers are not just looking for a house-they are investing in a lifestyle. Spacious homes, cutting-edge amenities, and community-driven living are now priorities, pushing developers to deliver projects that go beyond traditional offerings. Prominent developers such as Ganga Realty, Signature Global, DLF, M3M and Trehan Group are leading the charge, redefining luxury living along the corridor. Ganga Realty's flagship project, Nandaka, has emerged as a standout with its eco-conscious design, lush green spaces, and top-tier features tailored to urban lifestyles. Mr. Vikas Garg, Joint Managing Director, Ganga Realty said, 'The transformation of Dwarka Expressway into a premium real estate destination is a reflection of both visionary infrastructure planning and rising consumer aspirations. At Ganga Realty, we are focused on delivering projects like Nandaka that embody sustainable luxury, combining modern living with environmental consciousness. This corridor is not just witnessing growth-it's shaping the future of NCR's residential landscape.' Mr. Neeraj K Mishra, Executive Director of Ganga Realty, stated, 'Dwarka Expressway has transitioned from a growth corridor to a goldmine of opportunity. With its strategic location, expanding infrastructure, and surge in luxury housing demand, it represents the future of urban living. At Ganga Realty, we are committed to creating spaces that reflect modern aspirations while remaining rooted in sustainable living. Nandaka is a testament to that vision.' Mr. Saransh Trehan, Managing Director, Trehan Group, said, 'Dwarka Expressway's emergence as a luxury hotspot is driven by a potent mix of connectivity, planned urban development, and discerning homebuyers who seek value beyond square footage. The areas evolution underscores a shift toward integrated, experience-driven housing-something we at Trehan Group have always prioritized. This is a pivotal moment for real estate in the region.' Other luxury developments, such as Signature Global's high-rise projects with sky lounges and premium retail zones, and Krisumi's architecturally refined, community-centric townships, are further enhancing the region's appeal.

Bajaj Allianz Life Insurance Simplifies Claims Process for Policyholders Affected by Pahalgam Tragedy
Bajaj Allianz Life Insurance Simplifies Claims Process for Policyholders Affected by Pahalgam Tragedy

Fashion Value Chain

time29-04-2025

  • Fashion Value Chain

Bajaj Allianz Life Insurance Simplifies Claims Process for Policyholders Affected by Pahalgam Tragedy

Special claims settlement desk established to support affected families Process has been simplified to settle claims with minimal documentation Claims will be settled promptly, as they will receive the highest priority Bajaj Allianz Life Insurance, one of Indias leading private life insurance providers, expresses its deepest condolences to the families affected by the unfortunate terror attack in Pahalgam, Jammu & Kashmir on April 22, 2025. In response to this tragic incident, the Company has implemented special provisions to address the needs of the affected lives assured's families. Understanding the immense challenges faced by the affected lives assured's families during this difficult time, Bajaj Allianz Life Insurance has established a dedicated special claims settlement desk to prioritize the processing of death and disability claims for its customers impacted due to this tragedy. With utmost urgency, an expeditious process has been established to swiftly settle these policy claims. To simplify the process, Bajaj Allianz Life Insurance has listed a minimal documentation process that nominees, legal heirs or policyholders need to submit to process their claims through any of the following convenient modes: Call the company's toll free number 1800-209-7272 Visit one of the nearest branches among the 578 branches across the country Email at: claims@ Bajaj Allianz Life Insurance remains committed to supporting its policyholders through challenging circumstances and will continue to provide prompt assistance to those affected by the Pahalgam tragedy. About Bajaj Allianz Life Insurance Bajaj Allianz Life Insurance is one of India's leading and fastest growing private life insurers. The Company is a partnership between two powerful and successful entities in their own right – Bajaj Finserv Limited, one of India's most diversified non-banking financial institutions and Allianz SE, one of the world's leading asset manager and insurer. The Company commenced its journey in 2001, and today delivers its promise of Life Goals. DONE. through innovative value-packed insurance products that are backed by a robust tech and digital ecosystem. Bajaj Allianz Life Insurance continues its journey of transformation through its products and tech-enabled state-of-the-art services to enhance customer delight. Bajaj Allianz Life now serves over 3.93 crore* individual and group customers. The Company has a large distribution network of 578 branches* 1,60,294 agents*, 407 institutional partners, including 33 bank partners across India and its proprietary sales channels (online and offline). Bajaj Allianz Life Insurance manages Assets Under Management to the tune of over Rs. 1,18,350 crores*. It has an Individual Claim Settlement Ratio of 99.23 % and a strong Solvency Ratio of 432% (as on 31st March 2024). *as on 28th February, 2025.

Aditya Birla Fashion & Retail Ltd & NICEorg Join Forces to Transform India's Cultural Entrepreneurial Initiatives With a Focus on Rare Craft
Aditya Birla Fashion & Retail Ltd & NICEorg Join Forces to Transform India's Cultural Entrepreneurial Initiatives With a Focus on Rare Craft

Fashion Value Chain

time29-04-2025

  • Fashion Value Chain

Aditya Birla Fashion & Retail Ltd & NICEorg Join Forces to Transform India's Cultural Entrepreneurial Initiatives With a Focus on Rare Craft

Aditya Birla Fashion and Retail Ltd. (ABFRL), has announced a strategic collaboration with the Network of Indian Cultural Enterprises (NICEorg) to empower India's cultural entrepreneurs and revive rare crafts through a national accelerator program. This initiative is designed to identify and mentor promising cultural enterprises across the fashion and home decor sectors. Focused on rare and diminishing crafts, the program will provide selected entrepreneurs with deep-dive mentorship from ABFRL's experts in marketing, design, supply chain, finance, and entrepreneurship, while also facilitating exposure to potential brand partnerships within ABFRL's portfolio. 'At ABFRL, we believe that true progress lies in inclusive growth – where the past, present, and future come together,' said Dr. Naresh Tyagi, Chief Sustainability Officer, ABFRL. 'This collaboration with NICEorg is more than just a program; it is a movement to celebrate India's rich craft heritage by building sustainable business models around it. Through this initiative, we aim to scale up artisan-led products & brands, strengthen rural livelihoods, and integrate timeless skills into contemporary fashion.' he added. 'At NICEorg, our mission is to build a strong foundation for cultural entrepreneurship in India. This partnership with ABFRL Jan Kalyan Trust is a significant step toward that vision. By combining ABFRL's deep-rooted industry expertise and market access with our experience in supporting cultural brands, we aim to create meaningful opportunities for craft entrepreneurs to scale sustainably, preserve heritage skills, and drive social impact through enterprise,' says Kanchana KV – CEO, NICEorg. Through this partnership, ABFRL will further its commitment to nurturing artisan-led enterprises and integrating India's rich craft traditions into contemporary fashion and home decor. As a leader in fashion and sustainability, ABFRL aims to create scalable, impact-driven business models that celebrate heritage while driving future growth. NICEorg will support the program by providing access to its cultural entrepreneur community and knowledge resources. Applications for the program will open in April 2025 via & Cultural enterprises working with heritage crafts are encouraged to apply and join this unique journey of impact-driven entrepreneurship. About Aditya Birla Fashion and Retail Limited ABFRL is part of a leading Indian conglomerate, The Aditya Birla Group. With revenue of Rs. 13,996 Cr. spanning retail space of 11.9 million sq. ft. (as on March 31, 2024), it is India's first billiondollar pure-play fashion powerhouse with an elegant bouquet of leading fashion brands and retail formats. The Company has a network of 4,538 stores across approximately 37,952 multi-brand outlets with 9,047 points of sale in department stores across India (as on 30 th September 2024). It has a repertoire of India's largest brands in Louis Philippe, Van Heusen, Allen Solly and Peter England, established over 25 years. Pantaloons is one of India's leading fashion retailer, while Style Up is an emerging value retail format. Company's international Brands portfolio includes – The Collective, Amongst Indias largest multibrand retailers of international brands and has long term exclusive partnerships with select brands such as Ralph Lauren, Hackett London, Ted Baker, Fred Perry, Forever 21, American Eagle, Reebok, Simon Carter and Galeries Lafayette. The Company's foray into branded ethnic wear business includes brands such as Jaypore, Tasva & Marigold Lane. The Company has strategic partnerships with Designers 'Shantnu & Nikhil', 'Tarun Tahiliani', 'Sabyasachi' and 'House of Masaba'. This also encompasses the recently amalgamated TCNS portfolio of women's ethnic brands: W, Aurelia, Wishful, Elleven, and Folksong. In addition, to cater to the needs of digitally native consumers, ABFRL is building a portfolio of Digital-first brands under its technology led 'House of D2C Brands' venture TMRW. TMRW is on a path to building a portfolio of Digital First brands in partnership with founders of emerging brands in the E-Commerce market. About Network of Indian Cultural Enterprises(NICEorg) NICEorg is a Not-for-Profit Section 8 company engaged in building an ecosystem for cultural enterprises by creating, delivering and enabling workshops, networking, mentoring, funding, research, and policy advocacy. It is focused on health, wellness & beauty, fashion & accessories, home decor & furnishings, tourism and food & beverages. NICEorg conducts programs such as Aarohana, Indika, Samvaad, and NICE Angels Meet among others. For further information, please contact – Janet Arole, AVP & Head, Corporate Communications, Aditya Birla Fashion and Retail Limited |

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store