BAJAJ ALLIANZ CENTURYPLUS II

"IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER"

Bajaj Allianz CenturyPlusII

Bajau Allianz CenturyPlus-Score a century with your investment plan!

Flexible and systematic investments are always good for you.  At Bajaj Allianz Life Insurance, we value your investment and reward you for regular investments, giving you unmatched benefits with great returns.

Bajaj Allianz CenturyPlus II offers you a limited premium payment term option and a unique combination of protection and prospect of attractive returns.  With 100% allocation in the 2nd policy year and thereafter, it ensures that your investment income gets accelerated and you reap benefits from a plan that delivers prosperity and happiness to you.

Key features of Bajaj Allianz CenturyPlus II
  • Guaranteed life cover of sum assured plus fund value.
  • Get full 100% allocation to your funds from the 2nd policy year onwards.
  • Guaranteed Addition to enhance your fund value every year from the 6th policy year.
  • Choice of 2 investment portfolio strategies to manage your investments better.  Offering the special Wheel of Life portfolio strategy, which will help you to balance and safeguard your investment. 
  • Also if you want to manage the mix of assets for your policy on your own, you have a choice of 7 investment funds, with complete flexibility to switch money from one fund to the other, to manage your investments better.
  • Get the option of limited premium payment ranging between 3 to 10 years.
  • Your policy continues to participate in the investment performance of the fund(s) even if you discontinue premiums in the first three policy years.
  • Flexibility of unlimited number of partial withdrawals at any time after 3 years from commencement of the policy, provided 3 full years' premiums are paid.
  • Flexibility to decrease your regular premium at any policy anniversary, to suit your changing needs.
  • At maturity, you can take your fund value in a lumpsum or as periodic instalments spread over a maximum period of 5 years.
  • A host of optional additional rider benefits which include assurance to your family with accidental death benefit and accidental permanent total/partial disability benefit.
  • Option to pay unlimited Top-up Premiums anytime during the tenure of your policy, to further enhance your savings. 
How does Bajaj Allianz CenturyPlus II work?
Premiums paid by you, net of premium allocation charge, it any, are invested as per the portfolio strategy chosen by you at the unit prices of the fund(s).  Your fund value is the total value of units that you hold in the fund(s).  The insurance cover charges, policy administration charges and the additional rider benefit charges (if any) are deducted through monthly cancellation of units.  The Fund Management Charge is adjusted in the unit price.

From the end of the 6th policy year, every year, a percentage of the first year's annual premium and, if applicable, a percentage of the fund value, is added to your fund(s) by the Company as Guaranteed Addition.

Over and above the fund value, throughout the policy term, you have a risk cover of the Sum Assured chosen by you.

Premium Payment Term: You have the flexibility to select any premium paying term ranging between three to ten years.

Bajaj Allianz CenturyPlus II offers you the following cover: You Sum Assured is always equal to 5(five) times your Annualized Premium.

Death Benefit
  • The Death Benefit will be the "Sum Assured in respect of regular premium and Top-up Premium (if any) plus the fund value in respect of regular premium and Top-up Premium (if any)".
  • If three years' regular premium has not been paid and the policy has lapsed, then death benefit will be the fund value in respect of regular premium and Top-up Premium (if any).
Maturity Benefit
On maturity, the fund value in respect of regular premium and Top-up Premium (if any), will be paid.

BAJAJ ALLIANZ FORTUNE PLUS

"IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICY HOLDER"

With Bajaj Allianz Fortune Plus we have formulated a unique combination of protection and prospects of attractive returns with investment in various mix of securities to make a perfect plan to last you a lifetime of prosperity and happiness.

Some of the key features of this plan are:
  • Guaranted life cover, with a flexibility to choose insurance cover according to your changing needs
  • More than 100% allocation after first 10 years of our association
  • Presenting a unique investment 'Asset Allocation Fund' where you don't have to worry to switch funds in case market condition changes rather our experienced Fund Managers will monitor the mix of assets in the fund and will manage the mix in such situations to maximize your returns.
  • If you want to manage the mix of assets for your policy on your own, you have the choice of 6 other investment funds with complete flexibility to switch money from one fund to other to manage your investments better.
  • Your policy continues to participate in investment performance of the fund(s) even if you are not able to pay 3 full years' premium.
  • Flexibility of withdrawals (partial or full) at any time after three years from commencement of the policy provided three full years' premiums are paid without any surrender charge.
  • Get maturity value equal to the Fund Value at the time of maturity or in periodic instalments spread over a maximum period of five years.
  • Option to increase or decrease your regular premium to get a portfolio that suit your needs
  • A host of optional additional benefits, which ensures enhanced assurance to your family.
  • Opportunity to make additional investments
How does the plan work?

Premiums paid by you, net of premium allocation charge, if any, are invested in fund(s) of your choice and units are allocated depending on the unit price of the fund(s). The value of your policy is the total value of units that you hold in the fund(s). The insurance cover charges including any rider benefit charge, and policy administration charges are deducted through monthly cancellation of units. Fund Management Charge is priced in the unit value.

Death Benefit
  • On death occurring before the age of 7 years: The benefit payable will be the regular premium fund value plus top-up premium fund value, if any, as on date of receipt of intimation of death at the office.
  • On death after the age of 7 years and before the age of 60 years: The benefit payable would be the sum assured less value of partial withdrawals made in the last 24 months prior to the date of death or the fund value as on date of receipt of intimation of death at the Company's office, whichever is higher. The death benefit payable would be calculated separately for regular premiums and top up premiums.
  • On death of the life assured on or after attaining the age of 60 years: The benefit payable would be the sum assured less value of partial withdrawls made, after attaining age 60 years or the fund value as on the date of receipt of intimation of death at the office, whichever is higher. The death benefit would be calculated separately for regular premiums and top up premiums.
  • If three years regular premium has not been paid and the policy has lapsed, regular premium fund value and top-up premium fund value, if any, as on date of receipt of intimation of death at the Company's office will be paid on death of the life assured
The policy will terminate after payment of death benefit.

Maturity Benefit

On Maturity, the Fund Value in respect of regular premium and top up premium will be paid and policy will terminate.
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