Bajaj Allianz Future Gain Plan

  • In Bajaj Allianz Future Gain, the premiums paid by you, after applying the applicable premium allocation rate, are invested as per your chosen portfolio strategy across the various applicable funds.
  • The mortality charge and policy administration charge are deducted monthly through cancellation of units. Fund management charge is adjusted in the unit price.

Key Features

  • Maximum premium allocation
  • Choice of 2 investment portfolio strategies
  • Choice of seven funds
  • Option to make partial withdrawals from the funds
  • Option to pay top-up premium

Benefits

  • Maturity Benefit
Under Bajaj Allianz Future Gain, the maturity benefit will be the regular premium fund value plus top up premium fund value as on the maturity date, provided the policy is in-force.
  • Surrender Benefit
On surrender after the lock-in period of first five years of your policy, the surrender value available will be regular premium fund value plus top up premium fund value, if any, as on the date of surrender, and will be payable immediately.
  • Death Benefit
All the above as on date of receipt of intimation of death The death benefit is subject to the guaranteed death benefit, which is 105% of the total premiums paid including top-up premiums paid, if any, till the date of death.

Am I eligible?

PARAMETER MINIMUM MAXIMUM
ENTRY AGE 1 60
MATURITY AGE 18 70
POLICY TERM 10 30
SINGLE PREMIUM 2500 1,00,000
POLICY PAYING FREQUENCY YEARLY, HALF-YEARLY, QUARTERLY, MONTHLY

What if?

  • I want to withdraw the amount in between ?

Partial withdrawals of Units are allowed anytime after five (5) Policy Years subjected to certain conditions.
  • I want to switch between funds?

The Policyholder can switch Units from one Fund to another, by giving written notice to the Company. The minimum switching amount is Rs 5,000 or the value of Units held by the Policyholder in the Fund to be switched from, whichever is lower.

Exclusions

  • Suicide exclusion
If the Life Assured commits suicide, whether sane or insane, within one year from the Date of Commencement of Risk or the date of latest revival of the Policy, the Policy shall be void.