Bajaj Allianz Invest Gain Plan

Recommendations :No

Name of the policy :
Bajaj Allianz Invest Gain Plan

A brief desciption :

Bajaj Allianz Invest Gain Plan is an Endowment Plan. This is a non unit-linked insurance traditional participating plan. There are 4 variants in this plan, viz Basic Plan, Gold where 2 times the Sum Assured, Diamond where 3 times the sum assured and Platinum where 4 times the basic Sum Assured can be opted for as Life Coverage. Thus if the Life Insured dies within the policy tenure, then the nominee would receive the full Life Coverage according to the policy variant opted for, upto 4 times the Sum Assured + accrued Bonus and the policy would be terminated. However, if the Life Insured survives then he would receive the basic Sum Assured + accrued Bonus only, irrespective of the policy variant opted for.

Started date :14/2/2003
Type of policy :Insurance cum investment
Category :Traditional-Endowment Plan
Insurance :Min- 50,000 Max- No Limit
Returns expected :Less than Fixed Deposit
Entry age :0-65 Years for Economy Plan and 18- 50 Years for others
Minimum amount :Rs. 5000 for Annual Mode, Rs. 2500 for H Yearly, Rs. 1250 for Quarterly, Rs. 500 for Monthly.

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