Bengaluru, July 01, 2025: Bajaj Allianz Life, one of India’s leading private life insurers, has announced the launch of its New Fund Offer (NFO) – Bajaj Allianz Life Nifty 500 Multifactor 50 Index Fund. Offered under the Company’s ULIP products, this fund is designed to track the Nifty 500 Multifactor MQVLv 50 Index, providing investors with exposure to a multifactor based equity index while also offering life cover.

Bajaj Allianz Life ULIP products with underlying Bajaj Allianz Life Nifty 500 Multifactor 50 Index Fund, enables policyholders to achieve their life goals, powered by the security of a life cover and the opportunity for wealth creation.

The Nifty 500 Multifactor MQVLv 50 Index is a rules-based index that selects 50 stocks from the Nifty 500 universe based on four well-established investment factors: Momentum, Quality, Value, and Low Volatility. This fund passively tracks the Nifty 500 Multifactor MQVLv 50 Index, offering investors exposure to a multifactor strategy through a diversified portfolio of 50 stocks. The NFO will open on 1st July 2025 and close on 14th July 2025.

As Indian capital market matures, many investors are seeking structured, data-driven investment solutions that reduce behavioral biases while delivering consistent returns. This fund addresses that need by tracking an index designed to capture the benefits of factor-based investing.

Speaking on the launch of the new fund, Mr. Srinivas Rao Ravuri, Chief Investment Officer, Bajaj Allianz Life Insurance, said, “We are excited to introduce this multifactor index fund as part of our ULIP offerings. In today’s environment of heightened market volatility, a factor-based passive strategy presents a smart and disciplined way to stay invested. The Bajaj Allianz Life Nifty 500 Multifactor 50 Index Fund applies a combination of four factors—Momentum, Quality, Value, and Low Volatility to construct a diversified portfolio.

This fund is designed to provide investors with systematic, rules-based exposure to equities, helping eliminate the subjectivity and emotional biases often associated with active stock selection. We believe it can be a powerful tool for long-term wealth creation.”

The fund’s investment strategy is built on four key factors:

·         Momentum: Based on 6-month and 12-month price returns, adjusted for volatility

·         Quality: Evaluated through return on equity (ROE), financial leverage (Debt/Equity Ratio), and earnings growth variability over the past five years

·         Value: Assessed using earnings-to-price, book-to-price, sales-to-price ratios, and dividend yield

·         Low Volatility: Measured using the standard deviation of daily price returns over the last year

With the fund tracking a focused index of 50 carefully selected stocks from the Nifty 500 universe, Bajaj Allianz Life ULIP products with underlying Bajaj Allianz Life Nifty 500 Multifactor 50 Index Fund is intended for investors with very high risk tolerance who seek systematic, factor-based exposure to Indian equities for long-term capital appreciation.

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–          61% mothers worry about ensuring their child’s financial stability in case of unexpected life events

Bengaluru, 18 June, 2025: Bajaj Allianz Life insurance, one of India’s leading private life insurers, unveiled insightful findings from its latest study, Bajaj Allianz Life Women Term Survey in collaboration with Pixis Global and Quals.AI. The survey deployed a combination of qualitative and quantitative methodologies covering over 1,000 salaried and self-employed women across metro, tier 1, and tier 2 cities. It assessed their top financial priorities, preparedness for emergencies, and approach to long-term financial security.

The survey highlights a significant shift in financial priorities – with children’s future, education expenses, and health surfacing as top concerns. Term insurance emerged as the preferred financial product for women to secure their child’s future. 53% women expressed concern about unexpected health expenses impacting their family’s savings, showing growing awareness around health-related risks. Reflecting this, 87% found Critical Illness cover highly appealing, and 50% considered built-in Health Management Services an essential feature in their term plan. Additionally, women also consider child education benefits as an essential part in a term plan. These insights underline how financially independent women today are looking for insurance that not only protects life but also supports long-term health and family wellbeing.

Tarun Chugh, MD & CEO, Bajaj Allianz Life insurance, said, “The findings from Bajaj Allianz Life’s Women Term Survey 2025 highlights that women view term insurance as more than just a life cover. They see it as a comprehensive financial solution that aligns with their well-defined financial priorities. Their expectations from a term plan include coverage for children’s financial future, health-related expenses, critical illnesses and overall financial security for the family. These insights will continue to guide us in creating solutions that address the specific needs of our women customers to meet their long-term financial goals.”

KEY SURVEY FINDINGS:

·         Children’s Financial Future is a Top Financial Priority:

o   61% mothers consider ensuring their child’s financial stability in case of unforeseen events as their primary concern.

o   Income stability (61%), health expenses (53%), retirement planning (54%), and child’s education (57%) emerged amongst the top financial priorities. 

·         Term Insurance Emerges as the Preferred Choice for Child’s Financial Security

o   46% of women prefer investing in term insurance to secure their child’s financial future, making it the most preferred financial product for this goal.

·         Women worry about unexpected health and medical expenses impacting savings

o   87% women find ‘Critical Illness Coverage’ features in term insurance highly appealing.

o   57% women consider “Built in HMS and Health/CI cover” as an essential feature in a term plan 

·         High Interest in Child Income Protection Feature in Term

o   93% mothers find the ‘Child Income Security’ feature in a term plan as highly appealing

·         Other Features Women Want in Term Insurance

o   51% want flexibility and maturity benefits—with the ability to increase coverage as life events unfold.

o   33% mothers consider financial benefits for child’s education to be essential in term plans.

o   28% women want term plans with high Life Cover

·         Perceived Gaps in Current Term Plans

o   Women noted lack of flexibility to adjust coverage, absence of maturity benefits, and complex claim processes as major deterrents.

o   Affordable premiums and health/CI coverage riders were highly desired enhancements.

The survey underscores the need for tailored term insurance solutions that align with women’s evolving financial aspirations. By addressing existing gaps and enhancing term plans with the features women seek, Bajaj Allianz Life aims to empower them with financial confidence and financial security for their families.

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·         Special Bonus of 5%, amounting to ₹206 crore has been announced for policyholders of Bajaj Allianz Life ACE – Wealth Option and Bajaj Allianz Life Flexi Income Goal – Enhanced Benefit. 

Bengaluru, May 06, 2025: Bajaj Allianz Life Insurance, one of India’s leading private life insurers, has announced a record bonus of ₹1,833 crore for the financial year 2024–25 (FY25), its highest ever to date. This marks a significant 32% increase over the ₹1,383 crore bonus declared in FY24. The bonus will benefit over 11.71 lakh policyholders who have invested in the Company’s participating (with-profit) products. With this declaration, Bajaj Allianz Life continues its strong legacy of delivering value to customers, having consistently announced annual bonuses for 24 consecutive years.

Policyholders with traditional participating policies that are in force as of March 31, 2025, are eligible to receive this bonus, which is declared from the surplus generated under the participating fund. Bajaj Allianz Life offers a diverse range of participating products, including, Bajaj Allianz Life Ace (A Non linked, Participating, Individual Life Insurance Savings Plan), Bajaj Allianz Life Ace Advantage (A Non Linked, Participating, Life Insurance Savings Plan) , and Bajaj Allianz Life Elite Assure (A Non-Linked Participating Individual Life Insurance Savings Plan) designed to provide customers with enhanced flexibility to meet their varied life goals. Policyholders of these plans stand to benefit from the bonus declared, amongst others.

Additionally, the Company has announced a special reversionary bonus of 5% for policyholders of higher equity allocation products, Bajaj Allianz Life ACE – Wealth Option and Bajaj Allianz Life Flexi Income Goal – Enhanced Benefit (A Non-Linked, Participating, Guaranteed Income Life Insurance Plan), amounting to ₹206 crores.

Speaking on this announcement, Tarun Chugh, MD & CEO, Bajaj Allianz Life Insurance, said, “We are happy to announce our highest-ever annual participating (PAR) bonus of ₹1,833 crore this year. It highlights the strength of our prudent investment strategies and strong financial foundation that help us in delivering gains for our customers. As a customer-first life insurer, we are committed to performance-driven solutions that genuinely deliver by helping people achieve their life goals with confidence.”

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Bima-ASBA is a significant step forward in making premium payments smoother and customer friendly. Under this IRDAI initiative, policyholders can opt for UPI’s One-Time Mandate (OTM) and authorise the blocking of a specified amount (up to ₹2 lakh) in their bank account via UPI. The amount will be debited only after the insurance company completes the underwriting process and decides to accept the proposal. If the application is not processed within a period of 14 days or the proposal is not accepted, the blocked amount is automatically released back to the customer. This initiative ensures that the policy buyer’s funds remain in their bank account and continue to gain interest till the time the policy issuance is confirmed.  Bajaj Allianz Life, in partnership with its payment partners, has successfully launched this process.

Speaking on the development, Tarun Chugh, MD & CEO, Bajaj Allianz Life, said, “In line with the vision of ‘Insurance for All by 2047,’ IRDAI is taking commendable steps toward enhancing transparency, trust, and digitization for customer convenience. These measures are designed to further benefit customers by strengthening the insurance ecosystem. We welcome Bima-ASBA as a significant step in this direction. 

The life insurance industry has been working to be more agile, simplify processes and build customer trust, and Bima-ASBA will further strengthen these efforts by adding a layer of security, confidence, and flexibility for policyholders. By allowing customers to block their premium amount instead of paying upfront, it addresses concerns about refunds if a policy isn’t issued. At Bajaj Allianz Life, our Customer First promise inspires us to innovate continuously, and Bima-ASBA aligns with this focus”.

With this launch, Bajaj Allianz Life continues to reinforce its position as a customer-centric insurer, driving digital-first innovations for a seamless insurance journey.

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Bengaluru, 4^th February, 2025: Bajaj Allianz Life Insurance, one of India’s leading private life insurer, today announced the launch of its new index based fund – Bajaj Allianz Life Nifty 500 Multicap Momentum Quality 50 Index Fund, which will be available along with its ULIP products. Along with a life cover, this new fund offers ULIP customers a unique opportunity to capitalize on the growth potential of multi-cap stocks with momentum and quality factors, to diversify their portfolios, and enjoy the benefits of an index-based investment approach. The NFO period for this fund ends on 14^th February, 2025.

The Nifty 500 Multicap Momentum Quality 50 Index focuses on stocks selected based on a combination of momentum and quality factors from the Nifty 500 index. The Momentum score for each company is determined based on its 6-month and 12-month price return, adjusted for volatility. The Quality score for each company is determined based on return on equity (ROE), financial leverage (Debt/Equity Ratio), and earnings (EPS) growth variability analysed during the previous 5 years.

Speaking on the launch of the new fund, Mr. Srinivas Rao Ravuri, Chief Investment Officer, Bajaj Allianz Life Insurance, said, “As one of the life goal enablers for India, we are committed to providing customers with means to achieve their long-term financial goals. The Bajaj Allianz Life Nifty 500 Multicap Momentum Quality 50 Index Fund allows ULIP customers to tap into India’s growth story through a diversified portfolio of high momentum. With a multi-cap approach and historical dynamic allocation among large Cap, Mid Cap & Small Cap, the fund identifies opportunities across market segments. Designed for investors with a higher risk appetite, it offers a path to long-term capital appreciation while navigating market fluctuations. These features make it a compelling choice for customers looking to review their fund allocation and move closer to their long-term financial goals.”

The fund aims to replicate the performance of the benchmark index (Nifty 500 Multicap Momentum Quality 50 Index), subject to tracking error. The Index will be rebalanced and reconstituted on a semi-annual basis in June and December.

Bajaj Allianz life ULIP products with underlying Bajaj Allianz Life Nifty 500 Multicap Momentum Quality 50 Index Fund enables policyholders to achieve their life goals, powered by the opportunity for wealth creation with a dynamic allocation strategy. For more information on the Bajaj Allianz Life Nifty 500 Multicap Momentum Quality 50 Index Fund, please visit our website: https://www.bajajallianzlife.com/

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Designed to bridge gaps in healthcare costs, Bajaj Allianz Life’s new Critical Illness Benefit Rider provides critical financial support across different customer needs. For those without Mediclaim, it acts as a financial cushion, preventing savings from being depleted during a medical emergency. For those with a basic Mediclaim cover (e.g., ₹5 lakh), it helps bridge the gap between policy limits and actual treatment costs, which can often exceed coverage. Even for those with a higher Mediclaim cover (e.g., ₹50 lakh), this rider ensures financial stability by covering loss of income and protecting one’s lifestyle, making it a vital addition to a well-rounded financial plan.

Tarun Chugh, MD & CEO, Bajaj Allianz Life said, “adding the Critical Illness Rider to your policy is like a booster shot for your financial health—an extra layer of protection against life’s medical uncertainties. A serious illness can bring unexpected expenses forcing you to dip into your savings and potentially disrupting your long-term financial plans. This rider ensures that doesn’t happen. With an affordable yet powerful safeguard, Bajaj Allianz Life helps you stay financially secure and focused on your life goals”. 

Key features of Bajaj Allianz Life New Critical Illness Benefit Rider:

• Broad Coverage: With a minimum age of 18 years to maximum of 80 years, one can get protection against a wide range of critical illnesses including cancer, heart attack, stroke, and more.
• Flexible Options: Choose from three rider options like Critical (10 major CIs), Enhanced (25 major CIs), and Comprehensive (60 major CIs) tailored to individual needs.
• Tax Benefits: Offers tax deductions as per eligibility.
• Health Management Services: Access to medical second opinions and consultations from registered service providers.

Through these critical illness riders, Bajaj Allianz Life is looking to give policyholders more control over their financial security.

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