Bajaj Allianz Life Launches Bima-ASBA, a First in India
Bajaj Allianz Life Insurance Company (BALIC) has launched the Bima-Application Supported by Blocked Amount (Bima-ASBA) facility, becoming the first insurer in India to implement this innovative payment method. This initiative, introduced by the Insurance Regulatory and Development Authority of India (IRDAI), is designed to improve transparency and convenience in premium payments. With Bima-ASBA, policyholders can […]
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