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Monday, February 28, 2011

BAJAJ ALLIANZ PENSION GUARANTEE POLICY

About Policy :
Bajaj Allianz Insurance Company Limited introduced in May 2010, the new policy released that is related to market that is Pension Guaranteed 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 Pension Guarantee 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 :
Non linked immediate Annuity Single Premium Plan.
Choice of 4 annuity payment modes, namely – monthly, quarterly, half – yearly and annually.
6 different annuity options to choose.
Life Annuity.
Annuity Guaranteed for 5 years and life thereafter.
Annuity Guaranteed for 10 years and life thereafter.
Annuity Guaranteed for 15 years and life thereafter.
Annuity Guaranteed for 20 years and life thereafter.
Return of Capital.
Death Benefit payable under all the annuity options.

Eligibility and Limits :
Minimum purchase price is Rs.25,000/-.
Minimum Annuity Installment is Rs.1000/-.
Minimum Age at entry is 40 years.
Maximum Age at entry is 80 years.

Premium limits and modes are available in Annual, Half yearly, Quarterly and monthly ECS modes.

Tax Benefits :
The premium paid are eligible for Tax under this plan benefits as per 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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