BAJAJ ALLIANZ NEW RISK CARE

This plan provides you with an insurance cover with the lowest cost possible for specified term. It aims to keep you financially independent during the tough times you face.

Features:

• Flexibility to choose from 2 premium payment options available.
  • Regular Premium Payment.
  • Single premium payment.

• The minimum age at the entry level is more than 18 years and maximum is 60 years.

• The term of the policy is of 5 years.

• The minimum sum assured under this policy is Rs4, 00,000.

• The premiums can be paid on yearly, half-yearly, quarterly or monthly basis.

• The maximum age at the time of maturity is not more than 65 years.

Benefits:

• Additional benefits available under this plan are:

1) Accidental Death Benefit.

2) Accidental Permanent Total / Partial Disability Benefit.

3) Waiver of Premium Benefit (in case of accidental permanent total disability).

4) Critical Illness Benefit.

5) Hospital Cash Benefit.

• It also gives you an option to further purchase insurance.

• In case of your death during the term of the policy, the nominee of the policy will get the sum assured.

• The premiums paid under this plan are eligible for tax deduction as per the laws under the Income Tax Act, 1961.