To provide financial support to customers amid the two-month long coronavirus lockdown, Bajaj Allianz life insurance has recently launched an unique option — avail loans against insurance policies.
Coronavirus pandemic affected a lot of people, resulting in a cash crunch. Your insurance policy can come handy when a financial emergency like this comes up. “This feature is valuable for customers who are looking for financial assistance in these times," said Kayzad Hiramanek, chief-customer experience and operations, Bajaj Allianz Life.
Relatively low interest rates and hassle-free loan approval are key benefits of this loan against life insurance policy facility.