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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

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How fast are insurance claims?

A car insurance claim can take anywhere from 30 days to six weeks or longer to settle. It's probably not the answer you want to hear, but several factors can affect how long it takes for your car insurance claim to settle. These factors include: The nature of the claim.

How long does it take to get insurance payout?

In most cases, you should receive your claim payout within 30 days. If it's approved and you have a car loan, your insurance company may be coordinating with your lender for the payout. Coordinating between companies for payment may take time, since any money leftover will go to you.

How can I know my surrender value of Bajaj Allianz Life Insurance?

The surrender value of Bajaj Allianz Life insurance policy is calculated as a Single premium multiplied by 75% of the outstanding term to maturity/ total term.

How do I cancel my Allianz Life Insurance?

Contact the customer service department of Allianz and state your intent to cancel your policy. Depending on how soon you cancel your contract, you can expect to receive different amounts back. If you cancel within 15 days of sign-up: Check with the insurance company if your policy is still within 15 days of sign-up.

How does an Allianz Variable annuity work?

You buy an Allianz annuity with one or more purchase payments. The purchase payment represents the foundation on which the value of your annuity can grow. Any other money your annuity earns \u2014 for example, through credits or market gains \u2013 is added to your contract.

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How does Allianz Life annuity work?

Your annuity provides income. After a period of time specified by your contract, you may then receive the amount allowed by your FIA contract in a lump sum, over a set period of time, or as income for the rest of your life. Some annuities even provide the opportunity for increasing income.

What is an annuity in insurance?

An annuity is a long-term investment that is issued by an insurance company and is designed to help protect you from the risk of outliving your income. Through annuitization, your purchase payments (what you contribute) are converted into periodic payments that can last for life.

How long does it take to receive a check from Allianz?

If you select electronic payment and your refund is over the maximum limit, then we will mail you a check. Please allow 10-14 days for it to arrive.

How long does an Allianz claim take?

Upon receipt of the required documents, we will process your claim within 10 business days or within the applicable state requirements.

How do I withdraw money from my Allianz Life?

Just by dialling *1890#, customers of Allianz Life Insurance can buy insurance, pay premiums, and make withdrawals in the comfort of their homes.

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