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Non-forfeiture Termination of the Policy Charges Under the Plan No surrender charge will be applied on units in respect of Top-up

Charges Under the Plan No surrender charge will be applied on units in respect of Top-up Contact Details
premium.
The policy will terminate on occurrence of any one of the following: • Miscellaneous Charge: Rs.100/- per transaction would be charged
Bajaj Allianz Life Insurance Company Limited,
If any due regular premium is not paid within the grace period in the first Given below are the details of the various charges that will be recovered
three policy years, the policy shall immediately lapse for the insurance a) The units in the policy are fully surrendered. from the plan to meet expenses. in respect of revival of the Policy, alteration of the mode of payment G.E. Plaza, Airport Road, Yerawada, Pune - 411 006.
cover including additional rider benefits, if any. However, during the b) The fund value in respect of regular premium less surrender • Policy Administration Charge: Rs. 29 per month for the first five of Regular Premium or for issuance of a copy Policy Document. Tel: (020) 6602 6777. Fax: (020) 6602 6789.
charge, if any, falls to an amount equivalent to one annual premium • Rider Premium Charges : These are charged through cancellation Life
period of lapsation, the policy shall continue to participate in the years and Rs.26.80 per month (charged monthly through cancellation of
investment performance of the underlying funds, subject to deduction provided regular premiums have been paid for 3 full years. units) thereafter inflating at 5% every policy anniversary.
of units on a monthly basis if the policyholder opts for the additional SMS LIFE Individual
c) The death of the Life Assured. rider benefits.
of all charges except mortality charge and rider premium charges, if any. • Fund Management Charge: 1.35% p.a. for Pure Stock Fund, Equity
d) On maturity, unless the policyholder has not opted for Settlement All the charges, except the surrender charge, will be subject to any
Growth Fund II and Accelerator Mid-Cap Fund II, 1.25% p.a. for the For any queries please contact the numbers mentioned below:
Option. applicable Service tax.
You may revive the policy within a revival period of two years from the Equity Index Fund II and Asset Allocation Fund, and 0.95% p.a. for
e) The expiry of the period for the Settlement Option.
due date of first unpaid regular premium subject to recovery of any due f) For lapsed policies, at the expiry of the revival period or at the end of Bond Fund and Liquid Fund. Revision of charges
but un-recovered charges except mortality charge and rider premium the third policy year , whichever is later. • Switching Charges: Nil, this policy offers unlimited free switches.
charge, if any, from the due date of first unpaid premium, failing which g) The fund value becomes inadequate to support the deduction of • Premium Allocation Charge : A certain percentage of each regular After taking due approval from the Insurance Regulatory and
the policy shall be terminated at the expiry of the revival period or at the applicable charges. premium will be allocated to your account at the prevailing unit Development Authority, the Company reserves the right to revise the
end of the third policy year, whichever is later and the fund value as on h) Upon complete withdrawal of outstanding units during settlement price. This is called the Premium Allocation Rate. Balance is taken as above mentioned charges.
date of termination less surrender charge shall be paid. period, Premium Allocation Charge. The Premium Allocation Rates are as The Company will give a notice of three months to the policyholders for Why Bajaj Allianz Life Insurance?
On the occurrence of (a) and (b) above, the value of the units, if any, per the table below: any changes in charges. The Policyholder/Life Assured who does not Bajaj Allianz Life Insurance Company Limited is a union between Allianz AG, the world's leading
Premium Allocation Rate agree with the modified charges shall be allowed to withdraw the units insurer and Bajaj FinServ, one of India's most respected names. Allianz AG is a leading insurance
If all the due regular premiums have been paid for at least first three would be paid to the life assured/policyholder upon such termination. In conglomerate globally and the largest asset manager in the world. At Bajaj Allianz, we realize that
consecutive years and subsequent premiums are unpaid, you will be case of (c), death benefit will be paid as mentioned separately herein. In Policy year 1 Policy year 2 &3 Policy year 4 to 9 Policy year 10 onwards in the plans at the then prevailing unit value and terminate the Policy. you seek an insurer you can trust your hard earned money with. Allianz AG has more than 110 years
of financial experience in over 70 countries and Bajaj FinServ as part of Bajaj Auto, trusted for over
given an opportunity to revive the policy within two years from the due case of (d), the value of the units, if any is paid to the life 48% 97% 100% 102%
55 years in the Indian market, are committed to offering you financial solutions that provide all the
date of first unpaid premium. During this limited period of revival, the assured/policyholder on maturity. Premium allocation rate for top up premiums : 98%. Risks of Investment in the Units of the Plan: security you need for your family and yourself.
policy shall continue for full insurance cover including additional rider • Mortality Charges: The mortality charge would vary according to The Proposer/Life Assured is aware that the investment in the Units is At Bajaj Allianz, customer delight is our guiding principle. Ensuring world class solutions by offering
you customized products with transparent benefits supported by the best technology is our business
benefits, if any, levying all appropriate charges at the prevailing unit price Fund Access – Loans the gender and attained age of the life assured at the time of subject to the following, amongst other risks and agrees that he is philosophy.
deduction of the charge. This charge would be recovered through making the investment in the Units with full knowledge of the same. This product brochure gives the salient features of the plan only. The policy document is the
till the fund value in respect of regular premium less surrender charge, if conclusive evidence of the contract, and provides in detail all the conditions, exclusions related to
Loan facility is not available under this policy. cancellation of units on a monthly basis and would be applied on
? Unit Linked Life Insurance products are different from the
any, does not fall to an amount equivalent to one annual premium across the “Bajaj Allianz New FamilyGain II ” Plan.
Sum at Risk which is equal to sum assured less fund value. Sample traditional insurance products and are subject to the risk factors. SECTION 45
all the funds. No Policy of life insurance effected after the coming into force of this Act shall, after the expiry of two
Free Look Period ? The premium paid in unit linked life insurance policies are subject
Standard Mortality Charges per annum per ‘000 Sum at Risk for years from the date on which it was effected, be called in question by an insurer on the ground that a
to investment risks associated with capital markets and the Unit statement made in the proposal for insurance or in any report of a medical officer, or referee, or
At the end of two years i.e. period of revival, if the contract is not revived, male lives are given in the table below:
Within 15 days from the date of receipt of the policy, you have the option Price of the units may go up or down based on the performance of friend of the insured, or in any other document leading to the issue of the policy, was inaccurate or
You can opt to continue the policy with full insurance cover including Age 20 30 40 50 false, unless the insurer shows that such statement was on a material matter or suppressed facts
to review the terms and conditions and return the policy, if you disagree the fund and factors influencing the capital market and the which it was material to disclose and that it was fraudulently made by the policy-holder and that the
additional rider benefits, if any, subject to deduction of all charges till the Mortality Charge 1.57 1.74 2.82 6.53
to any of the terms & conditions, stating the reasons for your objections. insured/policyholder is responsible for his/her decisions. policy holder knew at the time of making it that the statement was false or that it suppressed facts
fund value in respect of regular premium less surrender charge, if any, • Surrender Charge: ? Bajaj Allianz Life Insurance is only the name of the insurance which it was material to disclose.
You will be entitled to a refund of the premium paid, subject only to a Prohibition of Rebate: Section 41 of the Insurance Act, 1938 states:
does not fall to an amount equivalent to one annual premium across all Surrender charge is applicable only in the first five policy years. company and Bajaj Allianz New FamilyGain II is only the name of the No person shall allow or offer to allow, either directly or indirectly, as an inducement to any person to
deduction of a proportionate risk premium for the period on cover and
the funds. If premium for first 3 years is not paid then the surrender charge policy and does not in any way indicate the quality of the policy, its take out or renew or continue an insurance in respect of any kind of risk relating to lives or property
the expenses incurred on medical examination and stamp duty charges. in India, any rebate of the whole or part of the commission payable or any rebate of the premium
would be 48% of the first year annualised premium, future prospects or returns. shown on the policy, nor shall any person taking out or renewing or continuing a policy accept any
The refund paid to you will also be reduced or increased (as applicable)
When the fund value in respect of regular premium less surrender Otherwise the surrender charge as a percentage of First Year’s ? Please know the associated risks and the applicable charges from rebate, except such rebate as may be allowed in accordance with the published prospectuses or

BJAZ-B-0159/18-Dec-09.
by the amount of any reduction or increase in the fund value, if any, due tables of the insurer.
charge, if any, falls to an amount equivalent to one annual premium or Annualised Premium would be as follows: your policy document or by consulting the Company, your For More Information: For more details, kindly consult our specialised Insurance Consultant or call
to a fall or rise in the unit price between the date of allocation and
you do not opt to continue the policy after the revival period, the policy Policy Surrender Charge (if premium for first 3 yrs are paid) Insurance agent or your Insurance intermediary. us today on the numbers mentioned above.
redemption of units (without reference to any premium allocation rate ? Pure Stock Fund, Equity Index Fund II, Bond Fund, Asset Allocation This brochure should be read in conjunction with the Benefit Illustration and Policy Exclusions.
shall be terminated by paying the fund value as on date of termination Year Month
or charges). Fund, Accelerator Mid-Cap Fund II, Equity Growth Fund II and Liquid Please ask for the same along with the quotation.
less surrender charge, if any. 1 2 3 4 5 6
1 - - - - - - Fund are the names of the funds offered currently with Bajaj Allianz
Tax Benefits Bajaj Allianz New Family Gain (UIN) : 116A083V01
Days of Grace 2 - - - - - - New FamilyGain II, and in any manner do not indicate the quality of
the respective funds, their future prospects or returns. UL ADB (UIN) : 116A013V01
Premiums paid and benefits received will be eligible for tax benefits as 3 - - - - - -
New Family Gain II

Insurance is the subject matter of the solicitation.


? The investments in the Units are subject to market and other risks
A grace period of 30 days for the yearly, half yearly and quarterly modes per applicable tax laws. 4 39.52% 38.18% 36.82% 35.42% 33.99% 32.53% UL APTPDB (UIN) : 116A014V01
and there can be no assurance that the objectives of any of the
and of 15 days for the monthly mode is allowed under the policy. 5 21.38% 19.64% 17.86% 16.05% 14.19% 12.29%
funds will be achieved. UL CI (UIN) : 116A015V01
Nomination
Revival of the Policy Policy Year Month
? Pure Stock Fund, Equity Index Fund II, Bond Fund, Asset Allocation Bajaj Allianz New Family Gain II
Fund, Accelerator Mid-Cap Fund II, Equity Growth Fund II and Liquid
Nomination can be made for receiving policy proceeds in case of death. 7 8 9 10 11 12 Fund do not offer a guaranteed or assured return.
It is possible to revive a policy that has lapsed due to non-payment of 1 - - - - - - ? All benefits payable under the Policy are subject to the tax laws and
General Exclusion 2 - - - - - -
premiums within 2 years from such date of lapse. You have to give a other financial enactments, as they exist from time to time.
written application to the company to revive the policy with all due 3 - - - - - 40.83% ? The past performance of other funds of the company is not
In case the life assured commits suicide within one year of the date of
unpaid regular premiums. The revival will be subject to underwriting. 4 31.04% 29.52% 27.96% 26.37% 24.74% 23.08% necessarily indicative of the future performance of any of these
commencement/revival of the policy, the amount payable would be the
5 10.36% 8.37% 6.35% 4.28% 2.16% 0.00% funds.
value of units in your account.
There is no Surrender charge from 6th policy year.
Bajaj Allianz Life Insurance Company Limited
“IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS How does the Bajaj Allianz New FamilyGain II Plan work? Investment Options Unit Price: The unit price of each fund is arrived at by dividing the Net Premium Apportionment : Plan your maturity proceeds by exercising the Settlement Option with
BORNE BY THE POLICYHOLDER” Asset Value (NAV) of the fund by the number of units existing in the fund us. This facilitates you to receive your maturity proceeds in equal
Premiums paid by you, net of premium allocation charge, are invested in Bajaj Allianz New FamilyGain II offers you a choice of 7 funds. You can at the valuation date (before any new unit is allocated or cancelled) You can choose to invest fully in any one fund or allocate your premiums installments (payable yearly, half yearly, quarterly or monthly, at your
Bajaj Allianz New FamilyGain II fund(s) of your choice and units are allocated depending on the unit choose to invest fully in any one fund or allocate your premiums into the into the various funds in a proportion that suits your investment needs. option) spread over a maximum period of 5 years.
price of the fund(s). The fund value of your policy is the total value of various funds in a proportion that suits your investment needs. The proportion of allocated premium to any fund must be at least 5%. At • The amount paid out in each installment will be the outstanding
Valuation Date: The Company aims to value the Funds on each day the
The thumb rule for buying insurance is that your insurance needs are units that you hold in the fund(s) of your choice. The insurance cover The seven funds offered are as under: any policy anniversary, you also have the flexibility to change the fund value at that date divided by the number of outstanding
financial markets are open. However, the Company reserves the right to
minimal in your early earning years, increases with added charges, policy administration charges and the additional rider benefit proportion of future premiums to the funds. installments.
charges (if any) are deducted through monthly cancellation of units. value less frequently in extreme circumstances, where the value of the • No risk cover will be available during the settlement period. The
responsibilities (Marriage, children, loans etc.) and taper off by the time Asset Class
you retire. It is difficult to find a single insurance plan that can take care of Fund Management Charge is adjusted in the unit price. Bank Deposits G Secs, assets may be too uncertain. In such circumstances, the Company may Flexibilities: company however will deduct all the charges (except the mortality
all your changing requirements in life – additional protection, more Investment & Money Bonds, Risk defer valuation of assets until a certainty on the value of assets is charge and rider premium charge, if any). No partial withdrawals or
Funds Equities
Objective Market Fixed Profile
money to invest, sudden requirement of cash or a steady post- Benefits under the plan Instruments Deposits resumed. The deferment of valuation of assets will be subject to prior This plan provides you with the following flexibilities to suit your switches are allowed during the settlement period.
retirement income. To provide capital appreciation consultation with IRDA. changing requirements • You can surrender the policy during the settlement period and take
Death Benefit: Equity through investment in selected Very the outstanding fund value at that time.
Growth equity stocks that has the 0% - 40% 60% - 100% _
With Bajaj Allianz New FamilyGain II, you can invest in one life insurance The death benefit will be Fund II potential for capital
High
Currently, the cut-off time is 3.00 p.m. for applicability of Unit Price of a Switching Option: • The policy will terminate on expiry of settlement period.
plan that can take care of all your changing requirements. This plan has 1) On death before attaining the age of 7 year : The death benefit appreciation.
particular day for switches, redemptions and publication of Unit Price. You have the flexibility to switch units between your investment funds
been designed to provide you with maximum flexibility, so that you do will be the value of the units in the policyholder's account (fund To achieve capital appreciation according to your risk appetite and investment decisions. You can make Important Details of the ‘Bajaj Allianz New FamilyGain II’ Plan
Accele- by investing in a diversified
not have to worry about your changing needs. value) as on date of receipt of intimation of death at the office. The basket of mid cap stocks and Very unlimited free switches.
-rator _ Computation of NAV
0% - 40% 60% - 100%
policy terminates on the death of the life assured. Mid-Cap large cap stocks. Minimum 50% High The minimum switching amount is Rs. 5000 or the value of units in the Minimum Age at Entry: 0 years(Risk commences at age 7)
The Bajaj Allianz New FamilyGain II 2) On death on or after attaining the age of 7 years : The death Fund II of Equity Investments* would be When Appropriation Price is applied : The NAV of a Unit Linked Life Maximum Age at Entry: 55 years
in Mid Cap stocks.
fund to be switched from, whichever is lower
benefit will be the sum assured plus the value of the units in the Insurance Product shall be computed as: Market value of investment Flexibility - to pay top ups: Minimum Age at Maturity: 20 years
Capital appreciation through
The Bajaj Allianz New FamilyGain II comes with a host of features to policyholder's account (fund value) as on date of receipt of investment in equities but to held by the fund plus the expenses incurred in the purchase of the assets You may have received a bonus or some lumpsum money. You can use Maximum Age at Maturity: 75 years
Pure specifically exclude companies
allow you to have the best of all worlds - Protection and Investments. It intimation of death at the office. _ Very plus the value of any current assets plus any accrued income net of fund that to increase your investments in your policy. The minimum Top up Minimum Policy Term: 20 years
Stock dealing in Gambling, Contests, 0% - 40% 60% - 100% High
enables every participant to create a solid financial protection and Fund Liquor, Entertainment (Films, TV management charges less the value of any current liabilities less premium is Rs. 1000 and the maximum total top up premium is 25% of Minimum Sum Assured 5 times of Annualised Premium
savings plan for himself and his family. In this way, as a participant in the etc.), Hotels, Banks and Financial
Maturity Benefit: Institutions. provision, if any. This gives the net asset value of the fund. Dividing by the the total regular premium paid till date. Top Up premium can be Maximum Sum Assured
Bajaj Allianz New FamilyGain II Plan, you can secure your well-being and On maturity, the value of units in the fund will be paid out and the To realize a level of total income, number of units existing at the valuation date (before any new units are accepted provided the regular premium has been paid. Rs. (y * Annualized premium) where y is as defined below:
accumulate savings towards financial independence and a comfortable policy will terminate. including current income and
allocated) , gives the unit price of the fund under consideration. This is Partial withdrawal option:
retirement. capital appreciation, which is
Anytime after three years from the date of commencement of the policy
consistent with reasonable applicable when the company is required to purchase assets to allocate y for base cover or base cover without rider Policy Term
Surrender Benefit: investment risk. The investment provided regular premiums for three full years’ have been paid, you have
strategy will involve a flexible units at the valuation date. y for base cover with rider Five
The Key Features of the New FamilyGain II Plan are ? The surrender value of the policy will be equal to the regular the option to partially withdraw units from your fund subject to following
policy for allocating assets
premium fund value less surrender charge, if any plus top premium Asset among equities, bonds and conditions:
? A unit linked endowment plan with a minimum policy term of 20 fund value. Allocation cash. The fund strategy will be to 0% - 100% 0% - 100% 0% -100% High When Expropriation Price is applied : The NAV of a Unit Linked Life • The minimum amount of withdrawal is Rs.5000. The minimum age at entry for all additional rider benefits is 18 years.
Fund adjust the mix between these
years and maximum age at maturity 75 years. ? Anytime after three years from the date of commencement of the asset classes to capitalize on the
Insurance Product shall be computed as: Market value of investment • Minimum fund value of three annual premiums needs to be The maximum age at entry for all additional rider benefits is 50 years.
? Death benefit as Sum Assured Plus Fund Value of Units. policy, you have the option to avail of surrender benefit by complete changing financial markets and held by the fund less the expenses incurred in the sale of the assets plus maintained at any given time.
economic conditions. The fund Premium Payment Mode
? You have the option to choose a host of additional rider benefits: UL surrender of units. will adjust its weights in equity, the value of any current assets plus any accrued income net of fund • All partial withdrawals will be first made from eligible top up
Accidental Death Benefit, UL Accidental Permanent Total/Partial ? The policy will terminate upon payment of surrender value. debt and cash depending on the management charges less the value of any current liabilities less premium units, if any. Once the top up premium units are
relative attractiveness of each For your convenience, we have provided 3 premium payment modes
Disability Benefit and UL Critical Illness Benefit. ? If first three years premiums have not been paid and the Policy is asset class. provision, if any. This gives the net asset value of the fund. Dividing by the exhausted, further partial withdrawals will be made from regular
? It provides you with an easy, regular contribution mechanism to lapsed, the surrender value would be payable at the expiry of the Equity Capital appreciation through premiums units. that can be Yearly, Half-Yearly, and Quarterly. We also offer a Monthly
_
number of units existing at the valuation date (before any units are
assist you in accumulating funds. revival period or three policy years, whichever is later. Index investment in equities forming 0% - 40% 60% - 100% High • For the purpose of partial withdrawals, each payment of top up premium payment mode with salary deduction schemes or ECS. The
Fund II part of NSE NIFTY redeemed) , gives the unit price of the fund under consideration. This is minimum premium is as below:
? Choice of 7 investment funds and option to switch between fund(s) premium shall have a lock-in period of three years, unless the
Provides accumulation of applicable when the company is required to sell assets to redeem units at
at any time. Additional Rider Benefits Available with New FamilyGain II Bond income through investment in _ mode- payment of top up premium is made in the last 3 policy years. Term\Mode Yearly Half Yearly Quarterly Monthly
? Maximum flexibility such as option to : Fund high quality fixed income
0% - 100% 0% -100%
-rate the valuation date. • In case of minor life, partial withdrawal is allowed after attaining 30+ 5,000 3,000 1,500 500
securities.
(i) Pay Top-Up premium anytime during the tenure of your policy to The following additional rider benefits in the form of rider can be availed Protection of the invested
age 18 years. 25 - 29 7,500 4,000 2,000 700
enhance your savings. at the option of the policyholder. Liquid capital through investments in _ _ Sample Illustration* • No charge is applicable on partial withdrawals either from top up
Fund liquid money market and short-
0% - 100% low 20 - 24 10,000 6,000 3,000 1,000
(ii) Unlimited free switches every year. ? UL Accidental Death Benefit (UIN : 116A013V01) term instruments.
premium units or from regular premium units
(iii) Partial withdrawals anytime after three years from the ? UL Accidental Permanent Total & Partial Disability Benefit (UIN : Age Premium Policy Term Sum Assured Fund Value Fund Value • The Company reserves the right at any time and from time to time
Maximum Premium:
commencement of policy, provided three full years premiums are 116A014V01) @ 6% @ 10% to vary the minimum value of units at NAV to be withdrawn and/or
* The exposure to money market securities may be increased to 100%, keeping in view Term\Mode Yearly Half Yearly Quarterly Monthly
paid. ? UL Critical Illness Benefit (UIN : 116A015V01) 5,000 30 25,000 288148 605227 the minimum balance of value of units to be maintained after such
market conditions, market opportunities, and political, economic and other factors, 20+ 12,500 7,000 3,500 1,200
(iv) Settlement Option: facilitates you to receive your maturity You have the flexibility to add or remove the riders at any policy 30 7,500 25 37,500 326891 590558 partial withdrawals by giving written notice of three months in
depending on the perception of the Investment Manager. All changes in the asset
proceeds in equal installments spread over a maximum period of 5 anniversary subject to rider terms and conditions. 10,000 20 50,000 308729 485963 advance, subject to prior approval from IRDA.
allocation will be with the intention of protecting the interests of the policy holders.
years. (Please refer to the brochure on additional rider benefits for more *This is an indicative projection on basis of prescribed growth rate by the Option to change premium payment frequency: In addition, you also have the option to pay top-ups to increase your
details.) regulator. The above projection is based on 100% investment in ‘Bond You can change your premium payment frequency at any policy investments. The minimum top-up premium is Rs. 1,000. Maximum Top
Fund Value: The fund value is equal to the number of units under this Up: 25% of the total regular premium paid till date.
Fund’ and does not allow for any service tax. anniversary subject to minimum premium under the plan.
policy multiplied by the unit price on the relevant valuation date.
Settlement Option:

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