Bajaj Allianz Future Gain is a Unit Linked Insurance plan that aims to maximize wealth by investing into capital market and providing life insurance coverage
Guaranteed Tax Savings
Under sec 80C & 10(10D)₹ 1 Crore
Invest 10k Per Month*Zero LTCG Tax
Unlike 10% in Mutual Funds*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
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**The maximum investment in mutual funds shall be governed by the relevant IRDAI guidelines.
Sum Assured + (Top-Up Sum Assured - Partial Withdrawals)
Or, the Fund Value including the top-up Fund Value
|
Minimum |
Maximum |
Entry Age (Last Birthday) |
1 year |
60 years |
Maturity Age (Last Birthday) |
18 years |
70 years |
Policy Term (PT) in years |
10 |
30 |
Premium Paying Term (PPT) in years |
5 |
30 |
Premium paying Frequency |
Annual, half-yearly, quarterly, monthly |
|
Yearly Premium |
25,000 |
12 lakhs |
Sum Assured |
Higher of 10*annual premium or 0.5*term*annual premium for ages<45 yrs. and higher of 7*annual premium or 0.25*term*annual premium for ages>=45 yrs. |
15*annual premium |
Annual Premium in Rupees and Benefit Illustration for a term of 24 years
Age |
35 years |
Premium |
50,000 |
Sum Assured |
700,000 |
PPT |
20 years |
Fund Value @ 8% |
25,37,558 |
Insured can enjoy the below rider cover additional top up covers with the base plan:
Suicide: If the insured dies by committing suicide within 12 months of plan inception or renewal then the nominees are settled by paying the fund value as on the date of death.
Below are the documents which are required to be insured under Bajaj Allianz Future Gain Plan:
**Documents required are a subject to the plan options and the sum assured chosen.
You may also like to read: Bajaj Allanz ULIP Plans |
**Miscellaneous charges shall be applicable as required.