Bajaj Life Insurance Corporation

Ashoda, Bahadurgarh

Bajaj Life Insurance (formerly Bajaj Allianz Life) is positioned for robust growth in India, driven by rebranding, full ownership under Bajaj Finserv, and digital innovation. It boasts strong financials: over 1,23,000 crore AUM, a high claim settlement ratio (99.29% FY 202425), and a huge customer base of 3.73.9 crore. Its large distribution network (596+ branches) and wide array of products, including ULIPs and term plans, ensure broad market reach. Management expects significant growth in the latter half of FY2025, citing operational efficiency and high value returns for policyholders (1,833 crore PAR bonus). Bajaj Lifes strong track record, financial stability, and tech-driven customer service underpin optimistic growth prospects.