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Contact Details<strong>Bajaj</strong> <strong>Allianz</strong> Life Insurance Company Limited,G.E. Plaza, Airport Road, Yerawada, Pune - 411 006.Tel: (020) 6602 6777. Fax: (020) 6602 6789.www.bajajallianz.comSMS LIFE 56070LifeIndividualFor any queries please contact:BSNL/MTNL(Toll Free)1800 22 5858Any Mobile & Landline(Toll Free)1800 209 5858Other(Chargeble) 3030 5858email: life@bajajallianz.co.inchat: bajajallianzlife.co.in/chatSECTION 45 of the Insurance Act, 1938 states:No Policy of life insurance effected after the coming into force of this Actshall, after the expiry of two years from the date on which it was effected, becalled in question by an insurer on the ground that a statement made in theproposal for insurance or in any report of a medical officer, or referee, orfriend of the insured, or in any other document leading to the issue of thepolicy, was inaccurate or false, unless the insurer shows that suchstatement was on a material matter or suppressed facts which it wasmaterial to disclose and that it was fraudulently made by the policy-holderand that the policy holder knew at the time of making it that the statementwas false or that it suppressed facts which it was material to disclose.Disclaimer:This product brochure gives the salient features of the plan only. The policydocument is the conclusive evidence of the contract, and provides in detailall the conditions, exclusions related to the “<strong>Bajaj</strong> <strong>Allianz</strong> Saral SurakshaYojana” Plan.For More InformationFor more details, kindly consult our "Insurance Care Consultant" or call ustoday on the numbers mentioned above.Please draw your cheques/ demand drafts in favour of “<strong>Bajaj</strong> <strong>Allianz</strong>Life Insurance Company Limited”.<strong>Bajaj</strong> <strong>Allianz</strong> Saral Suraksha Yojana (UIN) : 116N048V01BJAZ-PB-0216/ 18-Aug-10Saral Suraksha Yojana<strong>Bajaj</strong> <strong>Allianz</strong> Saral Suraksha YojanaInsurance is the subject matter of the solicitation.<strong>Bajaj</strong> <strong>Allianz</strong> Life Insurance Company Limited
<strong>Bajaj</strong> <strong>Allianz</strong> Saral Suraksha Yojana<strong>Bajaj</strong> <strong>Allianz</strong> Saral Suraksha Yojana is a non-linked, nonparticipatingregular premium Term plan with return ofpremiums at maturity developed by the <strong>Bajaj</strong> <strong>Allianz</strong> LifeInsurance Company.<strong>Bajaj</strong> <strong>Allianz</strong> Saral Suraksha Yojana is offered for two differentconvenient terms.Salient Features Terms allowed under the Policy: 10/15 years. Sum Assured: Rs.10,000/- and Rs.50,000/- Minimum Age at entry is 18 years and maximum Age atentry is 60 years for Policy Term of 10 years and 55 years forPolicy Term of 15 years. Death Benefit: Sum Assured is payable on death of the lifeassured during the Policy Term. Maturity Benefit: Premiums paid during the Policy Term willbe returned on survival till the end of the Policy Term. Surrender Value: The policy acquires Surrender Value afterthree years from the date of commencement of Policyprovided first three years’ premiums have been paid in full. Loan: Loan facility is not available on this policy. Premium Paying Modes: annual, half-yearly and quarterly.Monthly is permitted only by salary deduction or ECS. Additional Benefit: Option to avail Accidental PermanentTotal / Partial Disability Benefit rider (Please refer to ourRider’s brochure for complete details). Tax Benefits: Premiums paid are eligible for tax benefitsunder Section 80C and Death Benefit, Maturity Benefit andSurrender Value are eligible for tax benefits under Section10(10)D. Suicide Clause: If the policyholder commits suicide in thefirst policy year, no benefit other than the premiums paid tilldate less the proportionate risk premium and stamp dutycharges shall be refunded. Nomination requirements: All nominations will be subjectto section 39 of Insurance Act 1938.Why <strong>Bajaj</strong> <strong>Allianz</strong> Life Insurance?<strong>Bajaj</strong> <strong>Allianz</strong> Life Insurance Company Limited is a union between<strong>Allianz</strong> SE, the world's leading insurer and <strong>Bajaj</strong> Finserv, one ofIndia's most respected names. <strong>Allianz</strong> SE is a leading insuranceconglomerate globally and one of the largest asset mangers in theworld. At <strong>Bajaj</strong> <strong>Allianz</strong>, we realize that you seek an insurer you cantrust your hard earned money with. <strong>Allianz</strong> SE has more than 119years of financial experience in over 70 countries and <strong>Bajaj</strong> Finservdemerged from <strong>Bajaj</strong> Auto, trusted for over 65 years in the Indianmarket, are committed to offering you financial solutions thatprovide all the security you need for your family and yourself.At <strong>Bajaj</strong> <strong>Allianz</strong>, customer delight is our guiding principle.Ensuring world class solutions by offering you customizedproducts with transparent benefits supported by the besttechnology is our business philosophy.Prohibition of Rebate: Section 41 of the Insurance Act, 1938 states:No person shall allow or offer to allow, either directly or indirectly,as an inducement to any person to take out or renew or continuean insurance in respect of any kind of risk relating to lives orproperty in India, any rebate of the whole or part of thecommission payable or any rebate of the premium shown on thepolicy, nor shall any person taking out or renewing or continuing apolicy accept any rebate, except such rebate as may be allowed inaccordance with the published prospectuses or tables of theinsurer.Any person making default in complying with the provision of thissection shall be punishable with a fine that may extend to fivehundred rupees.
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