Bajaj Allianz CSC Bachat Plus
We all want to secure our families against any odds that may force them to compromise in life. All our lives we put in every possible effort to ensure a safe future for our loved. We understand this concern and present Bajaj Allianz CSC Bachat Plus – a variable insurance plan that helps you protect your family financially from all uncertainties; that too at an affordable price.
Guaranteeing you and your family a worry free life!
How does the plan work?
* This criteria is as dictated by IRDA regulations.
On the maturity date, the benefit payable will be equal to the Policy Account Value
The Maturity Benefit is subject to a minimum amount equivalent to total premiums paid, less Sum of all partial withdrawals made during the term of your policy, compounded at 1% per annum till maturity date
In case of unfortunate death of the life assured, the benefit payable will be higher of:
Please note that the Sum Assured on Death is the higher of (a) Sum Assured, (b) 105% of total premiums paid till the date of death or (c) Total premiums paid till the date of death compounded at 1% p.a.
|Minimum Entry Age||14 years|
|Maximum Entry Age||55 years|
|Maximum Age at Maturity||65 years|
|Sum Assured Multiplier||Age less than 45 years||Age greater than or equal to 45 years|
|10 times Annualised Premium||7 times Annualised Premium|
|Total Sum Assured under all Policies||Rs. 2,00,000 (The total sum assured allowed on a single life assured under all policies taken under this plan cannot exceed of Rs. 200,000).|
|Policy Term||10 and 15 years|
|Premium Paying Term||Equal to policy term|
|Minimum (in Rs.)||1,800||900||450||150|
|Maximum (in Rs.)||20,000||10,000||5,000||1,665|
|Premium payment Frequencies||Yearly, Half-Yearly, Quarterly and Monthly#|
#The monthly mode will be allowed only under the salary deduction scheme and ECS
Charges under the plan
|Premium Allocation Charge||Premium Allocation Charge is expressed as a %of Regular Premium|
|Policy Year||Premium Allocation Charge|
|Mortality Charge||Sample mortality charges p.a. per thousand of Sum Assured for a healthy male is shown below:The Mortality Charge is applied on the sum at risk, which is Max [Death Benefit – PAV, zero (0)]|
Applicable service tax & cess will be deducted for all applicable charges.
This one pager should be read in conjunction with the Sales literature, Benefit Illustration and Policy Exclusions.
Other standard disclaimers.
Bajaj Allianz CSC Bachat Plus_one pager
CSC Bachat Plus – Ann G1 -Sales Literature 20150504
CSC Bachat Plus ppt (3)
Hin–Bajaj Allianz CSC Bachat Plus_one pager
Hin–CSC Bachat Plus – Ann G1 -Sales Literature