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Moneylife » Companies & Sectors » Face to Face » “We want to retain our record of low claim rejection”

“We want to retain our record of low claim rejection”

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Raj Pradhan | 25/08/2011 11:53 AM | 

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Rituraj Bhattacharya, head of market management and product development, Bajaj Allianz Life Insurance, insists that the company will do what is fair for customers

ML: What is the typical customer attitude towards insurance?

RB: The Indian customer is less aware of the risk of dying early. Term insurance is yet to interest them. In tier-II and tier-III cities, if I try to tell them that for Rs2,500 you will get a large cover in a term policy, the response is: What do
I get when the policy ends? The customer is looking for returns—life cover is ...


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