Bajaj Finserv appoints Purav Jhaveri as President, Investments

July 1, 2020, New Delhi: Bajaj Finserv today announced the appointment of Purav Jhaveri as President- Investments. Purav in the past has managed a global equity fund, an International actively managed ETF and built a strong investment track record in global equities and emerging market equities. Purav will be taking charge at Bajaj Finserv from 1^st July 2020. 

Purav joins Bajaj Finserv from Franklin Templeton, USA where he last worked as Managing Director - Portfolio Manager/Investment Strategy responsible for managing all aspects of the investment function in the equity groups. He was the Chair of the Equity ESG Working Group – leading ESG integration and thought leadership, and Chair of the Equity Quantitative Analytics Working Group – leading the application of quantitative analytics in portfolio construction and research idea generation in addition to many other key responsibilities.

Purav has a vast experience of global investment management, overseeing large global portfolios and building world-class investment teams. Over the years, he has developed a strong knowledge of global equity, fixed income and alternative strategies, with hands-on experience of leading investment teams and managing effective institutional Investment processes.

Purav is an M.B.A. from the Wharton School of the University of Pennsylvania. He holds a Financial Risk Manager (FRM) certification from Global Association of Risk Professionals. A Chartered Financial Analyst (CFA) charter holder, he is on the board of the CFA Society of San Francisco. He is also on the Advisory Board of Rutgers University's Big Data Program.

About Bajaj Finserv Limited

Bajaj Finserv Limited is the holding company for the businesses dealing with financial services of the Bajaj Group. Its insurance joint ventures with Allianz SE, Germany, namely Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited are engaged in life and general insurance business respectively. Its subsidiary Bajaj Finance Limited is a deposit-taking Non-Banking Finance Company engaged in consumer finance, SME finance and commercial lending and wealth management.

To know more, please visit www.bajajfinserv.in

Bajaj Finserv-Dengue Insurance Policy Bajaj Finserv

Are you doing enough to financially safeguard yourself from Dengue?

July 19, 2019

Pune/Mumbai, Maharashtra: Vector-borne diseases like dengue and malaria are spread through mosquitoes and affect many people across India every year. In 2018, more than 89,974 dengue cases were reported in the country, with 144 deaths. This year, this mosquito-borne tropical disease has so far claimed six lives and affected 6,210 this year, according to information given by the government in Lok Sabha on June 21, 2019.

The cost of treatment of dengue could be high, especially because the severe cases can require hospitalization for an extended period. Hence, it’s important to be financially prepared to cover the costs associated with the illness. Bajaj Finserv offers an affordable Dengue Cover at just Rs. 299 per annum which provides coverage up to Rs. 50,000. Check out the benefits you can get with a dengue insurance policy:

Get coverage for diagnostics and hospitalisation charges -

People suffering from dengue usually have a high fever of around 104°F, accompanied by symptoms like severe headaches, nausea, pain at the back of the eyes, rashes as well as muscle and joint pain. Since the symptoms aren’t specific, it's important to clinically diagnose the disease. Dengue serology testing is preferred if the patient has suffered from the symptoms for over a week.

With the Dengue Cover from Bajaj Finserv, you can get coverage for the cost of diagnostic tests before or during hospitalization, medical expenses and more.

Get coverage for doctor’s fees and hospital room rent

The dengue insurance policy also covers your doctor’s fees before, during and after hospitalisation. This is a significant benefit as you may have to make several outpatient appointments over the course of your recovery. Further, if admitted in the hospital, you get up to Rs. 1,000 per day to pay for normal room rent and up to Rs. 2,000 per day if you are in the ICU.

Pay the pre- and post-medication charges with ease

While there isn’t a particular treatment for this vector-borne disease, immediate medical attention reduces the chance of fatalities. Some dengue patients may need blood transfusion for very low platelet count. With health insurance for dengue fever, you can cover the treatment charges and prescribed medicines with ease, whether bought before, during or after hospitalisation.

Further, all other ancillary expenses incurred to treat dengue, before and after hospitalisation, are covered under by dengue insurance policy for up to 15 days.

In a country like India, dengue is said to be a threat all year round due to the tropical weather conditions. To be on guard, avail the 365-day Dengue Cover from Bajaj Finserv at a premium of just Rs. 299. You can apply online easily by filing up the application form on the Bajaj Finserv website and paying the premium in an instant via multiple payment options.

To initiate a claim, all you have to do is send an email or call the toll-free number mentioned in the policy document.

Bajaj Finserv has several other Pocket Insurance products that are affordable, provide maximum coverage and have an easy application process. Check out other products like Kidney Stones Cover, Infection Cover, Road Trip Cover, Trek Cover, Monsoon Cover, Wallet Care and more to find the best insurance policy that benefits you.

Affordable Pocket Insurance products by Bajaj Finserv

Going on a vacation? Secure your travel with Bajaj Finserv’s affordable Pocket Insurance products 

Pune, May 24, 2019: After months of preparation and saving money, a lot of people plan their much-awaited vacation in summer. However, whether you choose to go on a family trip or indulge in solo travel, there is always a certain amount of risk involved while travelling. Loss of your baggage, ATM Card or your wallet can ruin a trip and significantly add to your expenses.

With Bajaj Finserv’s affordable Pocket Insurance products, you can stay protected against the small uncertainties in life which can quickly add up and disrupt your budget. Get coverage for your ATM card, baggage, wallet or purse and enjoy a stress-free holiday. Take a look at some features of these insurance covers that offer big benefits at a minimal premium amount.

·         ATM Assault And Robbery Insurance-

Your ATM card is necessary to withdraw money at your convenience while travelling. But since you are in an unfamiliar city, you may be at risk of theft or assault, which may lead to financial losses.With the ATM Assault and Robbery Insurance from Bajaj Finserv, you can get reimbursed for the money you withdraw from any ATM around the world, in case it is stolen within 15 minutes of the event. You can avail coverage up to Rs. 50,000 for a premium of just Rs. 499 per annum. Additionally, you also get compensated for emergency first-aid treatment for any injuries sustained in such situations.

·         Baggage Insurance-

Baggage loss while travelling can be a frustrating experience and completely throw your trip out of gear. You can suffer a huge loss in case your baggage is damaged, stolen or destroyed

With Baggage Insurance from Bajaj Finserv, you can get coverage up to Rs. 50,000 at just Rs. 599 per annum for any loss or damage to your personal baggage due to fire, riots, theft, strikes, terrorist activity, or other accidents occurring during your journey. 

·         Wallet Care-

Losing your wallet while travelling can leave you stranded without any money and your credit and debit cards could also be at risk of being misused. Moreover, you also have to go through the stress of replacing lost personal identity cards like your PAN card.

Make your travel hassle-free by opting for Wallet Care from Bajaj Finserv and get coverage upto Rs. 2 lakh at just Rs. 599. Under this cover, no matter where you are in the world, you can block all your credit and debit cards with just a single phone call. You also get a free replacement for your PAN card, emergency travel and hotel assistance, SIM and IMEI registration and SIM card blocking service and complimentary fraud protection involving PIN based fraud, phishing, tele-phishing.

All of the above benefits will guarantee that you have a smooth travel experience in the event of any emergency and you are not put through any inconvenience.

You can also check out other Pocket Insurance products according to your specific travel needs, like Trek Cover, Road Trip Cover, Honeymoon Cover, Pilgrimage Cover, Domestic Holiday Cover, Solo Traveller Cover, Backpacking Travel Cover and many more. What’s more, you can pick any of these affordable insurance products at your convenience and pay the premium amount online easily through multiple payment options. This ensures that you are well prepared before you start your journey and bring back only fond travel memories from your vacation.