Friday, April 10, 2009

Bajaj Allianz Life policies for women

Bajaj Allianz Life Insurance has launched a string of products to cater to women of every age group.

With its plans, ChildGain, UnitGain Plus Gold, Young Care, InvestGain and Future Income Generator, it aims to fulfil the needs of women, from childhood to old age.

The company, which has around 1,150 branches, will look to improve its product mix and profitability, said Mr Akshay Mehrotra, Head, Marketing and Corporate Communications, Bajaj Allianz Life Insurance.

The company has a claims ratio of 15-16 per cent, Mr Mehrotra said. The company has collected Rs 3,000 crore in first year premium for the nine-month period ended December 2008. 

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