| Minimum Premium |
Rs.10,000/ (Gold plan)* Rs 12,500/(Diamond plan) Rs. 15,000/(Diamond plan)# |
| Premium Paying Term |
Twenty Years only. (Premium Holiday After 3 year)
|
| Basic Sum Assured |
Age ( 0 - 18yrs.) |
Age (18 - 45 yrs.) |
Age (46 - 50) yrs. |
Premium Rs/- 10,000 for
Sum Assured
Rs/- 2,00,000 |
Premium Rs/- 10,000 for
Sum Assured
Rs/- 3,00,000 |
Premium Rs/- 10,000 for
Sum Assured
Rs/- 1,00,000 |
Premium Rs/- 12,500 for
Sum Assured
Rs/- 3,00,000 |
Premium Rs/- 12,500 for
Sum Assured
Rs/- 3,75,000 |
Premium Rs/- 12,500 for
Sum Assured
Rs/- 1,50,000 |
Premium Rs/- 15,000 for
Sum Assured
Rs/- 3,75,000
|
Premium Rs/- 12,500 for
Sum Assured
Rs/- 5,00,000 |
Premium Rs/- 12,500 for
Sum Assured
Rs/- 2,00,000 |
| Policy Terms |
20 Years. |
| Accidental Death Benefit (ADB) |
Equivalent to Sum Assured. |
| Entry Age |
Anybody between 18 to 50 years of age. (0 to 17 Subject to Documentary) |
| Benfit Term |
Natural Death Benefit would be available till the age of 70 years only & Accident Death upto 65 years. |
| Full OR Partial Withdrawal |
Withdrawal (Partial) allowed after Three years
Minimum withdrawals amount is Rs.5000/- and Minimum balance to be maintained
3.Annual premium.
|
| Death Benefits |
Fund Value or Sum Assured
(Whichever is higher)
|
| Tax Benefit |
Premiums & Returns are exempted under Sec 80 C & Sec10(10) D
of Income Tax Act. |
| Payment Mode |
First Premium to be paid by Demand Draft (DD) only in favour of “Bajaj Allianz Life Insurance Company Limited” payable at Mumbai.
Payment can be made by Credit / Debit Card also (Service Charge of 2% applicable). 2nd and 3rd Premium to be paid by Cheque at any Bajaj Allianz Branch on yearly basis only. |
| Appointee |
In case the nominee is minor one of the family member has to be appointed as an Appointee. If the policy is in the name of the father the mother can be appointee for the child or if the policy is in the name of the mother the father can be appointee for the child. |
| Non earning Insured Person |
Incase insured person is a non earning member, spounse can make payment on behalf, specific letter has to be attached as per the format duly signed (i.e. Premium Payment Letter). |
Documents Required (SELF ATTESTED) |
| Proposal Form |
Complete filled Data Sheet form and only signature on BajajAllianz proposal form at the proper place (with black ink only) |
Age Proof
(any 1) |
a) Birth Certificate,
b) School Certificate, (S.S.C., H.S.C. or Leaving Certificate)
c) Driving License,
d) Passport,
e) PAN card,
f) For female (if name change) then Marriage Certificate or (ration card ). |
| Residential Address Proof |
a) Any one month Telephone Bill of last 6 months,
b) Any 3 month Bank Account Statement of last 6 months,
c) Any one month Electricity Bill of last 6 months,
d) Ration Card,
e) Passport Copy,
f) Voter’s ID Card,
g) Driving License,
h) Lease agreement along with rent receipt not older than 3 months and,
i) Employer certificate mentioning residence address proof of residence. |
| Identity Proof |
a) Passport Copy,
b) Voter’s ID Card,
c) Driving License,
d) PAN Card. |
| Photograph |
Two passport size self photograph to be affixed ( Compulsory) |
| Non Earning insured Person |
Incase insured person is a non earning member, spouse can make payment on behalf & A specific letter has to be attached as per the format duly signed.
(i.e. Premium Payment Letter) |
| Minor Policy |
School going Certificate, Photograph & Signature on application as proposed insured. Premium Payer’s ID, Age Proof, Add. Proof & Photograph & Premium Payment Letter Required. |
