BAJAJ ALLIANZ TERM CARE

This is a term insurance plan which not only will offer you life insurance cover at a low cost, but also provides for return of premiums on maturity.

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 50 years.

• The maximum age at the maturity level is 65 years.

• The minimum term of the policy is 5 years and the maximum term is 40 years.

• The minimum sum assured is Rs.1, 00,000 and the maximum is Rs.10, 00,000.

• The minimum premium to be paid is Rs.1, 500 for 6 months and a year.

• The minimum premium for Single Premium option shall be Rs. 6000/-.

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.

• Tax benefits can be availed under the Income Tax Act, 1961.