Bajaj Allianz Life Smart Protection Goal vs SUD Life Protect Shield

Bajaj Allianz Life Insurance Company has a good claim settlement track record with relatively fewer customer complaints, compared to other insurers. The company has settled 99.91% of their claims within 30 days. Their claim settlement ratio is 99.04% and their claim amount settlement ratio is 93.45%. They have a dedicated online claim tracking system and a toll-free number to handle any queries or concerns during claims. They also have a short claim form. However, they don’t provide a personal relationship manager for claims and home pick-up of claims.

SUD Life Insurance Company has settled 88.65% of claims within 30 days and has a higher number of claim-related complaints compared to other insurers. Their claim settlement ratio is 96.07%, and the claim amount settlement ratio is 91.41%. They provide online claim tracking and a dedicated toll-free helpline for claims inquiries. On the flipside, they do not offer the services of a personal relationship manager for claims, home pick-up service for claims, and their claim form is moderately lengthy.

You can contact Bajaj Allianz Life Insurance Company via their toll-free telephone number or Twitter for any questions or concerns. As per our research, the response time on toll-free is quick and Twitter is slow, compared to other insurers. So, you and your family can expect prompt resolutions to any issues if their toll-free number is contacted.

You can contact SUD Life Insurance Company through their toll-free telephone number or Twitter. Our research indicates that the response rate on Twitter is average and the toll-free number is quick, compared to other insurers. Therefore, you and your family can contact their toll-free number for timely assistance.

Bajaj Allianz Life Smart Protection Goal offers many customization options to best suit your financial needs and goals. It offers coverage for up to 85 years. It offers various limited payment options, ranging from 5, 10, 15, 20 and Pay till 60 years. Based on your convenience, the premium can be paid monthly, quarterly, half-yearly, or annually. The plan offers only a one-time lump-sum claim payout option and it doesn’t offer an increasing cover feature. Bajaj Allianz Life Smart Protection Goal offers a Critical Illness Rider. It is an optional add-on designed to enhance your base coverage at a certain extra cost.

SUD Life Protect Shield offers various customization options. It provides coverage up to 70 years of age with a range of limited payment terms, including 5, 7, 10, 12, and 15 years. Premiums can be paid on a monthly, quarterly, half-yearly, or annual basis, providing flexibility in payment frequency. You have the choice of several claim payouts options, such as a lump sum, monthly instalments, or a combination of both. Notably, this policy does not include an increasing cover feature. Speaking about riders, the SUD Life Protect Shield offers a Critical Illness Rider. It is an optional add-on that you can include in your base policy to enhance your coverage.