BWI: Spanco Launches Bajaj Allianz Life Insurance Services through CSCs in Maharashtra

Press release from Business Wire India
Source: Spanco
Monday, July 30, 2012 12:21 PM IST (06:51 AM GMT)
Editors: General: Consumer interest, People, Social issues; Business: Advertising, PR & marketing, Banking & financial services, Major diversified industrial groups; Technology
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Spanco Launches Bajaj Allianz Life Insurance Services through CSCs in Maharashtra


Mumbai, Maharashtra, India, Monday, July 30, 2012 -- (Business Wire India) -- Spanco proudly announces the launch of new services from Bajaj Allianz Life Insurance. Initially this service has been launched in Mumbai Zone (Thane, Mumbai and Raigad ) and later Spanco will introduce it to all other districts. The first launch ceremony happened at the VLE location in Sewri, Mumbai in the presence of Bajaj Allianz officials and on the first day of the launch 47 Bajaj Alliance policies were collected.

Spanco and Bajaj Allianz have come together to offer Life Insurance services and maturity policies in the Pune and Konkan regions of Maharashtra. Some highlights of the scheme are:

-- Policy Term: 5 years
-- Annual Premiums - Rs.1000, 3000, 5000 & 7000/-
-- Sum Assured - 10 times of the premium paid
-- One page Enrollment form and Immediate Issuance
-- No Medicals required.
-- No Age proof required at the time of enrollment.
-- Every member receives Certificate of Insurance (COI) post issuance of policy.
-- Accidental Death Cover Starts from: Day one ( i.e On receipt of Welcome letter)
-- Accidental Death Benefit ( ADB ): Twice the Sum Assured Plus Account Value
-- Maturity Benefit : Account Value
-- Low surrender penalty and can be surrendered anytime after one month.

Spanco has added another service so that common citizen deprived of health insurance can get full advantage of this scheme. The service is very simple to render, with a one page process and the enrollment process has been kept easy from citizen stand point like on the spot offer and policy acknowledgement by Bajaj.

On this occasion Rajiv Aggarwal CEO- E Governance said " This is a small but significant step in the path to social equality which brings focus to health and well being of rural India."

Spanco has a large network of more than 3000 VLEs setup under the National e-Governance plan of Government of India operating in Pune, Satara, Solapur, Ratnagiri, Sindhudurg, Mumbai, Thane, Sangli, Kolhapur and Raigad. These VLEs offer important G2C services like Affidavits, Cast Certificate, Resident proof Certificate, Non Crème layer Certificate, Ration Card, Domicile Certificate, Income Certificate.

Spanco Ltd

Spanco is in the business of providing Technology Infrastructure and services to help drive governance efficiency across key sectors like Government, Power, Transport and Telecom. It also has a formidable presence in the BPO space spread over four continents catering to India, US/Europe and African markets. Spanco Limited is a public listed, ISO 9001:2008 and CMMI level 3 certified company

About eGovernance Business Unit

Spanco's eGovernance business unit is focused on citizen services and Government modernization programs that create an efficient Government to Citizen Interface. The business unit brings rich experience in managing complete lifecycle of the project by working in close association with the Government. It has developed methodologies for managing IT, Operations and Support services which allows successful implementation of citizen centric initiatives.

Website: www.spancotele.com


CONTACT DETAILS
Chandana Saha, +91 9029097364, chandanas@spancotele.com

KEYWORDS
CONSUMER, PEOPLE, SOCIAL, MARKETING, BANKING, GROUPS, TECHNOLOGY

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