Steel Authority Of India Limited · NSE:SAIL
Steel Authority Of India — Bajaj Allianz Life Insurance Company — Investor Presentation (January 2020)
20 slides from Steel Authority Of India's investor presentation, January 2020
Slide 1: Group Annuity for Employees of SAIL
Group Annuity for Employees of SAIL
Slide 2: About Bajaj Allianz Life insurance Company
About Bajaj Allianz Life insurance Company 99.1% Claim Settlement Ratio Claims Paying Ability *Figures as on 31st March 2019 2
Slide 3: Superannuation
Superannuation Bajaj Allianz Life Superannuation plan helps employers invest in the fund set aside towards their member’s retirement benefit such as pension during their employment. This amount is paid to their employees at retirement or in case of early separation or death. Types of Superannuation
Slide 4: Group Annuity for Employees
Group Annuity for Employees LIFE GOALS. DONE. ® BAJAJ Allianz @
Slide 5: What is Group Annuity
What is Group Annuity Annuity is an Investment Amount of Pension is an The individual is allowed to product offered from amount decided in advance infuse additional money of Insurance Companies to under a Defined Contribution his own to get additional provide regular Income Post at the time of vesti
Slide 6: Annuity Types
Annuity Types • The annuity is paid to the primary member as long as he/ she is alive. • On death of the primary member, any outstanding annuity installments as on the date of death will be paid to the nominee/ legal heir. Life Annuity • The annuity is paid to the primary member as long as he/she is
Slide 7: Joint Life Last Survivor with 100% of annuity to spouse
• The primary member and his/ her spouse are covered under the policy. • The annuity is paid to the primary member or spouse as long as at least one of them is alive. • On death of the primary member, any outstanding annuity installment as on the date of death Joint Life Last Survivor and 100% of th
Slide 8: Bajaj Allianz Group Annuity - Eligibility
Bajaj Allianz Group Annuity -Eligibility Minimum Annuity Installment – Rs 1000 Minimum Purchase Minimum Entry Age– Maximum Entry Age– , Rs 3000, Rs 6000 Price – For all options For all options For all options and Rs 12000 for as required to secure minimum entry age maximum entry age monthly , quarte
Slide 9: Current Market Yields in Various Instruments
Current Market Yields in Various Instruments Broad Indices 03-Jan-2020 Week Ago Month Ago Year Ago 1 Year AAA Corporate Bond 6.68% 6.82% 6.67% 8.52% 3 Year AAA Corporate Bond 7.33% 7.43% 7.11% 8.51% 5 Year AAA Corporate Bond 7.54% 7.77% 7.44% 8.33% 1 Year G-Sec 5.53% 5.69% 5.35% 6.82% 3 Year G-Sec 6
Slide 10: [nKOUY Allan? is
[nKOUY Allan? is
Slide 11: Financial Regulations
Financial Regulations In Traditional Funds Minimum 40% of It is mandatory for each and every the premium collected by any insurer in private insurer to deposit an amount of This will ensure that money invested by any financial year has to be invested in Rs. 100 Crores, as paid up capital, with the i
Slide 12: Administrative Regulations
Administrative Regulations: An amount equal to the 50% of the total sum insured, assured by the company, has to he kept as Reserve Fund or Life Insurance Fund, at all the times. No insurer for the sake of issue of bonus to the policy holders or for the sake of issue of dividends to its shareholders
Slide 13: NPA Status Bajaj Allianz Vs LIC & SBI
NPA Status Bajaj Allianz Vs LIC & SBI LIC SBI BALIC Source:- • L33 Disclosure Submitted to IRDAI by Life Fund INR Life Fund – INR 50 respective Insurance Company. Life Fund- NIL • Public Disclosure\L-33-NPA-Life.pdf 20000 Cr Cr Pension Fund – Pension Fund – Pension Fund- NIL INR 3615 Cr NIL ULIP Fun
Slide 14: Bajaj Allianz Group Annuity - Rules
Bajaj Allianz Group Annuity -RULES Annuity rate is No Bonus is Annual Life No policy loan Policy Can not be Policy can not be irrespective of payable in this Certificate is allowed assigned surrendered sex Policy needed Group Annuity Rates Annuity Type Purchase Price Monthly Quarterly Half Yearly An
Slide 15: Bajaj Allianz Group Annuity - Documents
Bajaj Allianz Group Annuity - Documents Members Should provide Annuity Forms with KYC Documents . They should provide the details of members for whom they want to purchase the annuity. They should issue a cheque or DD favoring BALIC in case the member is willing to buy additional annuity for issuanc
Slide 16: Windew Help
Windew Help BA sewren |) [sete D8. Qo!) ee rpiateewece OBAIAS|Allianz@ Piette rd RORY ABS Go AUT RRO MOMMIES eo tarde nt one fey erent ty Ey | id 4 [_zorz 1/0 6] Hq [int 1100 LIFE GOALS. DONE. ® BAJA4|Allianz @
Slide 17: Process Flow
Process Flow The employee shall Bajaj Allianz will begin Annuity payment will be choose option of annuity payments of annuity one processed by SAIL and tick against the month post receipt of Pension Trust. same in annuity form Payments. In case he/she opts for additional annuity He A list of employe
Slide 18: Our Clients
Our Clients MNC Clients Bank Clients PSU Clients ….and many more 18
Slide 19: Help/Assistance
Help/Assistance Our executives are assigned The employees may also call our 24 Hour Please feel free to write to SAIL who will have toll free numbers. The executives ill be complete details on process updated by 10th of each month. to us on following email Employees calling prior to that may not and
Slide 20: Thank You !!
Thank You !!
Bajaj Allianz Life Insurance Company — Investor Presentation (January 2020) on 6ix