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Bajaj Allianz General Insurance Company Limited is a joint venture between Allianz SE, world's leading insurer and Bajaj Finserv Limited. The company began its operations in 2001 and today has a pan-India presence in over 200 towns and cities. The company has been constantly expanding its operations to reach out to its customers.
Union Bank of India having the most diversified network of over 4200 branches has entered into Corporate Agency tie up with Bajaj Allianz General Insurance Co Ltd to offer its customers; quality general insurance products at competitive rates. With this widespread branch network Union Bank of India aim to reach out to a larger customer base and leverage the existing network to increase Insurance penetration. We are confident that this partnership will enable Union bank to provide best in class Insurance products to our bonafide customers, and take the customer experience to the next level. By leveraging technology, Bajaj Allianz will ensure digital, instant and seamless Insurance experience to the Banks Urban as well as Rural Customers through their digital offices”. During the occasion, “Union Mahila Suraksha”, a women specific critical illness insurance policy was launched exclusively for Union Bank customers.
As one of the leading general insurer of India, Bajaj Allianz General Insurance caters to the needs of the individuals across demographics of the country and the corporate sector with its wide range of products as well as services that go beyond insurance.
This tie-up will not only bring insurance solutions to the customers' doorstep but also improve insurance penetration, with its advanced digital and mobile applications. Known for its claim and customer service levels, Bajaj Allianz has received iAAA rating from ICRA for ten consecutive years, which indicates the company's highest claims paying ability and a fundamentally strong position. The company has a strong focus on customer centricity and aims at delivering superior value with an excellent and caring experience for the customer.
Union Mahila Surkhasha
Bank distributes commercial/ industrial policies covering:
  • Building
  • Stock in Trade
  • Plant & Machinery
  • Transit Insurance
  • Shopkeeper Package Policy
  • Office Package Policy
  • Commercial Package Policy
  • Engineering Policy (CAR/EAR etc...)
  • Workmen Compensation Policy
  • Jewellers Package Policy
  • Liability Insurance
  • Group Employee Benefit Policy
  • Live Stock Insurance Policy
  • Commercial Motor Insurance Policy
Bank also distributes retail line of products such as:
  • My Home Package Policy
  • Home Contents All Risk Insurance Policy
  • Women’s Critical Insurance Policy
  • Long-term Dwelling Insurance Policy
  • Motor 4W Insurance Policy with various Add on options
  • Single Year/Long Term 2W Insurance Policy
  • Travel Insurance Policy
  • Global Personal Guard Policy
For further details, please click the link below:
    Product Name
Participation by the Banks customer shall be purely on a voluntary basis. The contract of insurance is between the Insurer and the Insured; and not between the Bank and the Insured.
FAQs on General Insurance Products