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Home » News » Business

Dec 11, 2006, 02.09 PM | Source: Moneycontrol.com

Bajaj Allianz Life launches Capital UnitGain

Bajaj Allianz Life Insurance launches Capital UnitGain with 97% uniform allocation regular premium plan

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Bajaj Allianz Life launches Capital UnitGain

Bajaj Allianz Life Insurance launches Capital UnitGain with 97% uniform allocation regular premium plan

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Spurred by the excellent response to its flexible and customer friendly unit-linked products Bajaj Allianz Life Insurance, India's leading private life insurance company has launched a another unique ULIP Capital UnitGain a regular premium plan that’s flexible and transparent ensuring the best deal in today’s ULIP market with unmatched allocation of 97% across all policy years and provides ‘Jaisi Jaroorat Vaisa Insurance’ to each individual customer as per their need.

 

Commenting on the new plan, Mr. Sam Ghosh Chief Executive Officer, Bajaj Allianz Life Insurance Company and Country Manager, Allianz, said, this unmatched product comes with Twin benefits of insurance and investment with an annual contribution as low as INR 10,000 and the high allocation of 97% captures the full growth potential of the invested capital in portfolio from the word “go”. At the same time also provides protection to the family as well. This product is extremely flexible and comes with different Sum Assured multipliers to suit various needs of the family - be it maximum investment with minimum cover or maximum cover in case of a young family, or a suitable cover to avail tax benefits.’

 

Unique Features of New Capital UnitGain : 

  • Highest allocation of 97% for Regular Premium insurance plans in the market
  • Same  premium allocation of 97% for all policy years.
  • Life protection to match insurance and investment needs
  • Unlimited Top Up to park your windfall gains.
  • Choice of 5 active investment funds
  • Flexi plan to increase / decrease Regular Premium
  • 4 additional rider benefits for  total protection
  • Avail Tax Benefits on Premium
  • With three switches in a policy year being free, the customer gets the freedom to switch from equity to debt and vice versa with the market fluctuations and book the profits or take care of the downside.

Sourced From: Corporate Voice|Weber Shandwick

 

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