12.07.2015 Views

Download Brochure - Bajaj Allianz

Download Brochure - Bajaj Allianz

Download Brochure - Bajaj Allianz

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Maturity BenefitUnder plan variant <strong>Bajaj</strong> <strong>Allianz</strong> Life Assure Plan - Sure, the maturity benefit will be the Top Up Premium FundValue (if any) and the higher of the Guaranteed Maturity Value or the Regular Premium Fund Value, as on thematurity date.Guaranteed Maturity Value is the value of all the base regular premiums paid less guarantee charge, premiumallocation charge, policy administration charge, mortality charge less all applicable service tax on the abovecharges less all partial withdrawals from the regular premium fund, all accumulated at 3% p.a. compoundingmonthly till the maturity date.Under plan variant <strong>Bajaj</strong> <strong>Allianz</strong> Life Assure Plan - More, the maturity benefit will be the total Fund Value as onthe maturity date.Surrender BenefitYou have the option to surrender your policy anytime from the 6th (sixth) policy year. The surrender value willbe equal to the Fund Value as on date of surrender of the policy. The policy will terminate thereafter uponpayment of full surrender value.Additional Rider BenefitsYou can enjoy extra coverage by choosing the optional additional rider benefits at the inception of the policy ata nominal extra cost, subject to the maximum sum assured of 20 times of the total annualized premium. Theriders available with <strong>Bajaj</strong> <strong>Allianz</strong> Life Assure Plan are: <strong>Bajaj</strong> <strong>Allianz</strong> Extra Cover Benefit Rider <strong>Bajaj</strong> <strong>Allianz</strong> Super Premium Waiver Benefit Ride <strong>Bajaj</strong> <strong>Allianz</strong> Accelerated Critical Illness Benefit Rider(UIN: 116C028V01)(UIN: 116C029V01)(UIN:116C027V01)<strong>Bajaj</strong> <strong>Allianz</strong> Accelerated Critical Illness Benefit Rider can be taken on your spouse's life also if the primary lifeassured has opted for this rider. The other two riders can be availed only on the primary life assured.(Please refer to Additional Rider Benefit brochures for more details)

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!