Bajaj Allianz Life declares record ₹1,833 crore bonus for participating policyholders in FY25

In a milestone announcement, Bajaj Allianz Life Insurance has declared its highest-ever annual bonus of ₹1,833 crore for the financial year 2024–25 (FY25), marking a 32% increase over the ₹1,383 crore declared in FY24. The bonus will benefit more than 11.71 lakh policyholders with participating (with-profit) policies in force as of March 31, 2025.

This marks the 24th consecutive year of bonus declarations by the private life insurer, reaffirming its long-standing track record of delivering consistent value to customers through prudent fund management and surplus distribution from the participating fund.

The bonus will be distributed to policyholders of Bajaj Allianz Life’s portfolio of traditional participating products, including Bajaj Allianz Life Ace, Bajaj Allianz Life Ace Advantage, and Bajaj Allianz Life Elite Assure. These plans are designed to provide long-term savings along with life cover, and the declared bonus enhances their value proposition at policy maturity or exit.

In a significant move, the company has also announced a special reversionary bonus of 5%, amounting to ₹206 crore, specifically for policyholders of its higher equity allocation products—Bajaj Allianz Life ACE – Wealth Option and Bajaj Allianz Life Flexi Income Goal – Enhanced Benefit. These products, classified as non-linked, participating, guaranteed income life insurance plans, cater to customers seeking a balance of long-term returns and insurance coverage.

“We are happy to announce our highest-ever annual participating (PAR) bonus of ₹1,833 crore this year. It highlights the strength of our prudent investment strategies and strong financial foundation that help us in delivering gains for our customers,” said Tarun Chugh, MD & CEO of Bajaj Allianz Life Insurance. “As a customer-first life insurer, we are committed to performance-driven solutions that genuinely deliver by helping people achieve their life goals with confidence.”

Bonuses are distributed at the time of policy maturity or exit, with applicable cash bonuses paid annually on the policy anniversary or as per the terms outlined in the policy document.