Bajaj Allianz Life Achieves 99.29% Claim Settlement Ratio in FY 2024-25, Underlining its Customer First Promise

Bajaj Allianz Life Achieves 99.29% Claim Settlement Ratio in FY 2024-25, Underlining its Customer First Promise https://www.taxtmi.com/news?id=46063 The insurer reports an individual death Claim Settlement Ratio of 99.29% for FY 2024-25, having settled 13,994 individual life claims and disbursed claim payouts. It asserts that a substantial proportion of eligible non-investigative claims were processed within one day of notification, enabled by strengthened internal processes, digital claims platforms, simplified procedures, and customer education on disclosures and nominee updates. Complementary metrics cited include a high solvency ratio, significant assets under management, a top issuer rating, and a declared participation bonus for eligible policyholders. en-us Mon, 09 Jun 2025 17:16:02 +0530 Mon, 09 Jun 2025 17:16:03 +0530 TaxTMI RSS Generator Bajaj Allianz Life Achieves 99.29% Claim Settlement Ratio in FY 2024-25, Underlining its Customer First Promise https://www.taxtmi.com/news?id=46063 The insurer reports an individual death Claim Settlement Ratio of 99.29% for FY 2024-25, having settled 13,994 individual life claims and disbursed claim payouts. It asserts that a substantial proportion of eligible non-investigative claims were processed within one day of notification, enabled by strengthened internal processes, digital claims platforms, simplified procedures, and customer education on disclosures and nominee updates. Complementary metrics cited include a high solvency ratio, significant assets under management, a top issuer rating, and a declared participation bonus for eligible policyholders. News - Mon, 09 Jun 2025 17:16:02 +0530 https://www.taxtmi.com/news?id=46063