BAJAJ ALLIANZ WEALTH GAIN

This plan gives you a combination of life insurance and attractive returns on your investment funds.  It also gives you attractive tax advantages while protecting your family in case of any uncertainties you face in life.

Features:

• The minimum age at the entry level is 0 years and the maximum is 65 years.

• In case of the rider benefit the minimum age at the entry level is 18 years and the maximum is 50 years.

• The maximum age at the maturity level is 75 years under the whole life plan.

• The maximum age at the maturity level in case of the rider options available is 65 years under the whole life plan.

• The term of the policy is same as the whole life plan.

• The minimum age at the entry level under the single premium is:
  • 0-60 years – Rs.25,000
  • 61-65 years – Rs.50, 000.

• The minimum top-up premium to be paid is Rs.5, 000.

• The minimum sum assured is 110% of the single premium.

• The maximum sum assured is 5 times the annualised premium.

Benefits:

• You get a free lock period of 15 days from the date of receipt of the policy.

• Flexibility in case of partial withdrawals wherein you can withdraw anytime after three years from the commencement of policy.

• Get the option to pay unlimited top up premiums anytime to enhance your savings.

• Additional protection through the rider options available:
  • Accidental Death Benefit.
  • Accidental Permanent Total /Partial Disability Benefit.

• You also get the surrender benefit under which the surrender value of the policy will be equal to the fund value less surrender charge, if any.

Tax benefits under section 80C and 10(10) D of the Income Tax Act.