Bajaj Allianz Life targets Rs 8,000 cr FPI
Bajaj Allianz Life Insurance is aiming to earn Rs 8,000 crore as First Premium Income during the current financial year against last year's Rs 6,500 crore, a company official said.
By PTI |
KOLKATA : Bajaj Allianz Life Insurance is aiming to earn Rs 8,000 crore as First Premium Income during the current financial year against last year's Rs 6,500 crore, a company official said.
Head of sales, Bajaj Allianz Life, ECJ Augustine said the company's renewal premium during the current fiscal would be Rs 7,000 crore as compared to Rs 4,000 crore in 2007-08.
He said the company has a capital base of Rs 1,210 crore. Launching `Family CareFirst' health insurance scheme here today, Head (Health Insurance) of the company Ujjaini Dasgupta said under the plan, the policy holder would be able to take medical cover of parents as well as parents-in-law .
The scheme would also cover medical cost for spouse and two children.
The product would be distributed across the country through the network of the company.
Bajaj Allianz Life has tied up with 3,000 hospitals across the country for providing TPA services.
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