12.07.2015 Views

Download Brochure - Bajaj Allianz

Download Brochure - Bajaj Allianz

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Fund Access - LoanPolicy loan is not available under this plan.Tax BenefitsPremium Paid are eligible for tax benefits under section 80C and maturity benefit, death benefit and surrendervalue are eligible for Tax benefits under Section 10(10D) of the Income Tax Act subject to the provision statedtherein.Free Look PeriodWithin 15 days [30 days in case the Policy is issued under the provisions of IRDA Guidelines on DistanceMarketing of Insurance Products] from the date of receipt of the policy, you have the option to review the termsand conditions and return the policy, if you disagree to any of the terms & conditions, stating the reasons foryour objections. You will be entitled to a refund of the premium paid, subject to a deduction of a proportionaterisk premium for the period on cover and the expenses incurred on medical examination and stamp dutycharges. The company is entitled to repurchase the units at the unit price as on the date of cancellation andadjust the amount of change in fund value due to movement in the unit price in to the amount to be refunded.

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