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BAJAJ ALLIANZ YOUNG CARE 2 PLAN

  • This is a unique plan that will assure you of protection you made for your loved ones.

    Features:

    • The minimum age at the entry level is 18 years and the maximum is 55 years.

    • The maximum age at the maturity level is 75 years.
    • The term of the policy is of 20 and 25 years.

    • The maximum age at the maturity level is 65 years under the additional rider benefit.

    • The minimum premium to be paid is:
      • Rs 20,000 per yearly instalment
      • Rs 10,000 per half-yearly instalment
      • Rs. 5,000 per quarterly instalment
      • Rs 2,000 per monthly mode
    • Monthly mode is available through ECS and Salary Saving Scheme only).
    • The minimum Top up Premium is Rs. 5,000.

    Benefits:

    • In case of your unfortunate death, it offers a guaranteed Sum Assured.

    • In case of your death during the term of the policy, the remaining premiums will be waived off by the company and your policy will be kept alive till the maturity.

    • Monthly mode is available through ECS and Salary Saving Scheme only).
    • You get the option to review the terms and conditions and return the policy within 15 days from the date of receipt of the policy.
    • A grace period of 30 days for the yearly, half yearly and quarterly modes and of 15 days for the monthly mode is allowed under the policy.

    • You can also avail for tax benefits under section 80C, 80D and 10(10) of the Income Tax Act, 1961.
    Published on August 6, 2010 · Filed under: Bajaj Allianz Life Insurance;
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