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Monday, February 28, 2011

BAJAJ ALLIANZ SUPER CASH GAIN INSURANCE PLAN

About Policy :
Bajaj Allianz Insurance Company Limited introduced, the new policy released that is related to market that is Super Cash Gain Insurance Plan.

Insurance Details :
Bajaj Allianz Super Cash Gain Insurance Plan in life should not stop you from enjoying small pleasures today. Here, is a plan that helps you enjoy those small pleasures by giving you an opportunity to save and grow your money while giving you a periodic income. This insurance plan that secures your life and gives you guaranteed cash backs.

Benefits from Bajaj Allianz Super Cash Gain policy :
Option to select up to four times of your base sum assured as life cover.
Option to select your policy term of 12, 16, 20 or 24 years.
Benefit from shorter premium payment term as no premiums are payable in the last five policy years.
Get 20% of the base sum assured as cash back at regular intervals, which you may take as a cash or ask us to adjust against your due or future premium.
Flexibility to pay your future premiums in advance and avail discounts.
Get more value for money with high sum assured rebate on premium.
Optional riders to enhance your protection.

Plan Variants :
Silver :
with sum assured equal to the base sum assured.
Gold : with sum assured equal to twice the base sum assured.
Diamond : with sum assured equal to thrice the base sum assured.
Platinum : with sum assured equal to quadruple the base sum assured.
The surrender value, survival benefit and the maturity benefit will be determined on the basis of only the base sum assured under the policy.

Bajaj Allianz Super Cash Gain Definitions :
These are most important points of Bajaj Allianz Super Cash Gain definitions are given below
Base sum assured.
Sum assured.
Reduced base sum assured.
Reduced sum assured.
Bonus.
Compound reversionary bonus.
Interim Bonus.
Terminal Bonus.

Details of the Plan parameters :
Minimum Age at Entry in Super Cash Gain plan 0 years.
Maximum Age at Entry in Super Cash Gain plan 65 years.
Minimum Age of maturity in Super Cash Gain plan 18 years.
Maximum age of Maturity in Super Cash Gain plan 80 years.
Minimum Policy term in Super Cash Gain plan 12, 16, 20 and 24 years.
Premium paying Term of Super Cash Gain plan policy term less 5 years.
Minimum Premium is Rs.6,500 per yearly installment.
Rs.3,250 per half yearly installment.
Rs.1,750 per quarterly installment.
Rs.600 per monthly installment.
Minimum premium amount is No Limits.
Minimum Base sum assured is Rs.50,000/-.
Maximum base sum assured is No Limit.

Death Benefits :
As per the policy terms.

Key Futures :
Option to select up to four times of base sum assured as life cover.
Benefit from shorter premium payment term as no premiums are payable in the last five policy years.
20% of the base sum assured as cash back at regular intervals or option to adjust them against due or future premium.
High sum assured rebate on premium.
Optional riders to enhance your protection.
Option to keep your policy in force for full sum assured in case you miss to pay your premiums on due dates, provided you have paid at least 3 years premiums in full.
Option to convert policy to a single premium term cover with returns of premium policy if you miss to pay your premiums on due dates provided you have paid at least 5 years premiums in fall.

Termination of the policy :
This policy shall automatically and immediately terminate on the earlier occurrence of either of the below events
On full surrender of the policy.
On expiry of the revival period, if three full years premiums have not been paid.
On foreclosure, if the paid up base sum assured plus vested bonus is less than 1,000.
On the death of the life assured.
On the maturity date.

Loan is not available under this plan.

Tax Benefits :
Tax benefits as per the policy term and income tax rules.

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.

6 comments:

  1. Just...tell me briefly....If I invest X every year after Y years, I will get howmany rupees??

    ReplyDelete
  2. a)if i paid 3 years full premiums yearly at the rate of 15000 rupees for bajaj allianz super cash gain and stopped paying further premiums and convert into single premium. if i want to take the money after 6 years how much money i will get?

    b)if i paid 5years full premiums yearly at the rate of 15000 rupees for bajaj allianz super cash gain and stopped paying further premiums and convert into single premium. if i want to take the money after 6 years how much money i will get?

    ReplyDelete
  3. minimum you have to pay 12 years and maximum is 24 years

    if you are paid 12 years continuosly 10000 rs you will get minimum 2.5 lks to 3 lks

    ReplyDelete
  4. I would like to surrender my bajaj allianz super cash gain money back 15 yrs policy. I paid last five years amount of 12520 (12500 x5 yrs).what is the procedure and how much i will get.

    ReplyDelete
  5. I would like to surrender my bajaj allianz super cash gain money back 15 yrs policy. I paid last five years amount of 12520 (12500 x5 yrs).what is the procedure and how much i will get.

    ReplyDelete


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