Bajaj Allianz Life launches Micro Insurance products

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Bajaj Allianz Life Insurance has once again taken the lead amongst private sector life insurance cos. in reaching out to the masses with 3 new Micro insurance products.

 

Speaking at this occasion Sam Ghosh Country Manager Allianz & CEO Bajaj Allianz Life was very proud to say that "These innovative micro insurance products would offer an opportunity to the individuals at the bottom of the social pyramid to protect the interest of there loved ones." He also said "These 3 small premium products offer insurance solution and provide security and peace of mind to the lowest strata of the society and would benefit the society as whole."

 

Some of the key highlights are:

• Alp Nivesh Yojana - endowment plan

Life cover and Maturity benefit equal to sum assured + vested bonus

Guaranteed Surrender Value

Avail additional benefits including Accidental Death Benefit & Accidental Permanent Total / Partial Disability Benefit

 

• Bima Kavach Yojana - Most economical term insurance policy

Return of premium on maturity

Guaranteed Surrender Value

Avail additional benefits including Accidental Death Benefit & Accidental Permanent Total / Partial Disability Benefit

 

• Jana Vikas Yojna - Pay once for a long term security

Life Cover

Maturity Benefit of 125%of the single premium payable on survival till the end of the policy term

Guaranteed Surrender Value

 

 Sourced From: Corporate Voice|Weber Shandwick