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Monday, February 28, 2011

BAJAJ ALLIANZ NEW RISK CARE II POLICY

About Policy :
Bajaj Allianz Insurance Company Limited introduced in November 2008, the new policy released that is related to market that is New Risk Care II Insurance Plan. Your invested money is safe in this policy because your policy amount 50% will invest in Government sectors projects.

Insurance Details :
Bajaj Allianz New Risk Care-II Insurance Plan is complete your needs for insurance protection will very at different stages of life. It takes only a moment to make promises and a lifetime to keep them.

Conditions :
Minimum Age at Entry in New Risk Care-II plan 18 years.
Maximum Age at Entry in New Risk Care-II plan 60 years.
Maximum Age at Maturity in New Risk Care-II plan 65 years.
Minimum Policy term in New Risk Care-II plan 05 years.
Maximum policy term in New Risk Care-II plan 40 years.
Minimum sum assured is Rs.2,00,000/-.
Maximum sum assured in Rs. Is NO LIMIT.

Minimum premium limits is single Rs.5000/- for annual mode. Regular premium payment mode is Rs.1200/-, Half yearly Rs.612/-, Quarterly is Rs.312 and monthly is Rs.108/- for monthly mode. Maximum Premium Rs. NO LIMITS.
Riders also available in this policy : Comprehensive accident protection hospital cash benefit critical illness benefit.

Capitates with others :
Bajaj Allianz New Risk Care – II is Rs.2980/-.
ICICI Life Guard – Rs.3025/-.
SBI Life Shield – Rs.2963/-.
HDFC Term Assurance – Rs.3050/-.
Max level term – Rs.3050/-.
Reliance Term – Rs.3050/-.
Aviva Life Shield – Rs.3530/-.

Tax Benefits :
The premium paid are eligible for Tax under this plan benefits under section 80C of the Income Tax Act. Tax free under section 10(10)D of the Income Tax Act. The premiums for the critical Illness Benefits and the Hospital Cash Benefit will be eligible for Tax Exemption under Section 80D of the Income Tax Act.

And you have 15 days fee look period also.

If you want to purchase this policy please contact your nearest Bajaj Allianz Life Insurance Branch or contact me on : +91-98860-43598.

1 comment:



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