What is sum assured in Bajaj Allianz?

orangebutterfly988

Bajaj Allianz offers a wide range of insurance plans and the sum assured is one of the most important features of these plans. It is the maximum amount that the insurer will pay out in the event of a claim.

Brijesh884

Bajaj Allianz provides sum assured of Rs.1,50,000 with its latest product, the Health Guard policy. This is one of the highest sum assured in the market. This policy covers hospitalization expenses, pre and post hospitalization expenses, day care procedures, domiciliary hospitalization, emergency ambulance cover, and more.

Vidya436

The sum assured in Bajaj Allianz is the amount of money that the policyholder will receive in the event of their death. This amount is generally determined by the policyholder's age, health, and lifestyle. It is important to remember that the sum assured is not necessarily the same as the death benefit, which is the amount of money that the beneficiary will receive.

ticklishduck853

Sum assured is the minimum guaranteed amount that the insurer pays to the policyholder in the event of death or maturity of the policy. It is the price of the insurance policy and is decided at the time of purchase of the policy. The sum assured cannot be less than the minimum amount specified by the insurer.

Vidya436

Sum assured is the minimum amount that an insurance company pays in the event of death or maturity of the policy. It is the amount that the policyholder is entitled to receive from the insurer.

Nitesh454

Sum Assured is the guaranteed benefit that a policyholder receives on the maturity of a life insurance policy or on the occurrence of an unfortunate event such as death. It is the minimum guaranteed benefit that a policyholder is entitled to receive from his/her life insurance policy.