Bajaj Allianz Life Insurance declares highest-ever bonus of Rs 1,383 cr for its policyholders

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Bajaj Allianz Life Insurance on Tuesday announced its highest-ever bonus of Rs 1,383 crore for the financial year 2023-24 (FY24) for over 11.66 lakh policyholders who have invested in the companys participating products..

Policyholders with traditional participating (with-profit) policies are eligible to receive this bonus, which is declared from the surplus generated under the participating (with-profits) funds, the company said...

Policyholders of participating products like Bajaj Allianz Life Flexi Income Goal, Bajaj Allianz Elite Assure, Bajaj Allianz Life Ace, and others, stand to benefit from the bonus declared...

Tarun Chugh, MD & CEO of Bajaj Allianz Life Insurance said, Its a reflection of the focus we lay on enabling the long-term life goals of our customers in every manner..

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