|
Bajaj Allianz Life Insurance private insurance company launched a new unit linked endowment plan - Life Assure Insurance Plan that offers the benefit of protection along with financial planning. Bajaj Allianz Life Assure Plan is the first plan unit linked plan available in the market which has minimum monthly premium of Rs 1000. The plan offers two variants -- Life Assure 'Sure' and Life Assure 'More' to cater to varying risk appetites of different customers. It also offers three new unique riders to choose from for enhanced protection -- accelerated critical illness, super premium waiver and extra cover benefit. The policy term is 10, 15 and 20 years and also provides tax benefits. The minimum entry age for the plan is one year and 18 years in case of additional rider benefits, while the maximum entry age is 65 years and 50 years in case of accelerated critical illness rider benefits. Click here to know more on term plan of Bajaj Allianz.
"We believe small savings on a regular basis is the best way to achieve a long-term financial goal, and this is the thought behind Life Assure Insurance Plan. The plan is ideal for those looking to invest in market-linked financial instruments but may not have large surplus funds or the investment know-how," Bajaj Allianz Life Insurance Head of Market Management Rituraj Bhattacharjee said.
Related Articles -
Term plan, life assure plan,
| 
