The Logo of Bajaj Allianz Life Insurance Co. Ltd. is provided on the basis of license given by Bajaj Finserv Ltd. to use its “Bajaj” Logo and Allianz SE to use its “Allianz” logo. The Bajaj Allianz Life Future Wealth Gain plan is a non-participating, individual, unit-linked (ULIP), regular- / limited-premium-paying endowment plan with two variants – Wealth Plus and Wealth Plus Care. Bajaj Allianz Future Gain is a Unit Linked Insurance plan that aims to maximize wealth by investing into capital market and providing life insurance coverage Bajaj Allianz Future Gain - Key Features It is a ULIP plan with Regular and Limited Pay premium payment option Portfolio Strategies: Investor Selectable Portfolio strategy and Wheel Of life By investing in a range of options like equity, debt or both. 1 ** The Waiting Period is 180 days from the Date of Commencement of Risk or date of latest revival, whichever is later. In which fund yu have invested ur money? Registry Commercial Communication even though the content of the call may be for the Morningstar, its affiliates, and its officers, directors and employees shall not be liable for any trading decision, damage or any other loss arising from using the Information. Under the Wealth Plus Variant, you can opt for Bajaj Allianz ULIP Accidental Death Benefit Rider, Bajaj Allianz ULIP Accidental Permanent Total/Partial Disability Benefit Rider and Bajaj Allianz ULIP Waiver of Premium Benefit Rider. The Company shall allocate Loyalty Additions to the Regular Premium Fund Value as percentage of one Annualized th th Premium at the end of every 5 policy year starting from the 10 policy year, provided all due regular premiums have been paid up to date. Company Information. Customer Preference Register (NCPR) or on National Do Not Call Registry (NDNC), Based on the assumed investment returns, the benefits payable are as per the table given below. The Fund Booster (as % of one Annualized premium) are as below, Fund Booster (% of one Annualized Premium)2 for Policy Term, 2Fund Booster is based on Annualized Premium chosen at inception, There will not be any Fund Booster for Top-up premium paid. These charges account for the initial expenses incurred by the company in issuing the policy, e.g., cost of underwriting, medicals and expenses related to distributor fees. The Income Benefit is equal to the total of all the prevailing regular premiums due under the policy after the date of death or diagnosis of cancer, as applicable. The termination of an insurance policy due to non-payment of premium. "Rider Term" means the period between the Date of Commencement of Rider and the Rider Maturity Date, as mentioned in the schedule. There are five riders available with this plan. Investor Selectable Portfolio Strategy enables you to choose from eight different funds. Goals keep changing as per different life stages and one has to plan meticulously for their future. Thanks for sharing your details, A Sales representative from Login to website with your username and password; Step 3. contact #Applicable only for "Wealth Plus" variant as per the minimum/maximum sum assured criteria. : 020 66026789 | Tollfree: 1800 209 7272. The plan is designed to offer dual benefits to the investor namely: insurance coverage and higher returns. Written By: PolicyBazaar - Updated: 31 December 2020. Sum Assured + (Top-Up Sum Assured - Partial Withdrawals), Or, the Fund Value including the top-up Fund Value. If you still can`t access bajaj future gain login then choose another link from the list below. Bajaj Allianz Life Future Wealth Gain FAQ - Find answers to all your queries such as who should apply, advantages of choosing Bajaj Allianz Life Future Wealth Gain, etc. Service. Unlike traditional products, Unit linked insurance products are subject to market risk, which affect the Net Asset Values & the customer shall be responsible for his/her decision. Glassdoor has 238 Bajaj Allianz Life Insurance reviews submitted anonymously by Bajaj Allianz Life Insurance employees. The discontinuance/ surrender charge will be applicable only to the Regular Premium Fund Value. Some of the newer ULIP plans also return mortality charges in the plan, making it a more competent option overall. Why monthly investments in ULIPs make sense? Highlights of the Bajaj Allianz Future Gain Plan The Company shall allocate Loyalty Additions to the Regular Premium Fund Value as percentage of one Annualized Premium at the end of every 5th policy year starting from the 10th policy year, provided all due regular premiums have been paid up to date. A value payable if you want to surrender the plan before a claim arises. Gaurav aged 30 years has taken a Bajaj Allianz Future Gain policy for a Policy Term (PT) of 30 years. Any information derived from this Blog shall NOT be considered for making any Insurance or investment related decisions in future. But life insurance can be much more than a simple shield against financial hardship. One needs to be SMART and plan out well in advance to ensure nothing goes wrong in the future. Compare this fund with other funds. I hereby authorize Bajaj Allianz Life Insurance Co. Ltd. to call me on the **Miscellaneous charges shall be applicable as required. Sure You should invest in ULIP But before Investing read offer document carefully and consult your Financial advisor .There are number of ULIP plans are available with these companies. Bajaj Allianz Life Future Wealth Gain, a non-participating, individual, life, unit-linked regular/ limited premium payment endowment plan, offers the dual benefit of protection and growth to fulfil your expectations from your investments. Bajaj Allianz Future Gain Plan is an individual, non-participating, unit-linked endowment plan, with options for regular and limited premium payment. It also provides flexibility to invest in a range of fund options that helps you to create wealth and meet future financial goals. may be for the purposes of explaining various insurance products and Presenting the Bajaj Allianz Life Future Wealth Gain, which is a unit-linked, non-participating, endowment plan with a limited and regular premium payment option. Product information is authentic and solely based on the information received from the Insurer© Copyright 2008-2021 policybazaar.com. A traditional life insurance plan only protects your family against the financial dangers posed by unforeseen death. Paying your Renewal Premium is Quick and Easy! The discontinuance value as at the end of the lock-in period will be paid to you as surrender benefit. We all have some financial goals that we would like to reach in our lifetimes. Bajaj Allianz Future Wealth Gain is an individual, non-participating & unit-linked insurance plan that offers the dual benefit of protection and growth that helps you to fulfill the dreams of the loved ones. Deciding your Life Goal is all about planning to "Live your life, your way". Check NAV rates of other companies. This allows you and your loved ones to live life fearlessly. It also provides the option to make partial withdrawals, if needed. Nor does use of this blog create an Insurer- Policy Holder relationship between you (visitor) and Bajaj Allianz Life Insurance Co. Ltd. (“Bajaj Allianz”) 2. How to tide over market volatility with ULIPs, Advantages of investing early in ULIP plan. All Rights Reserved. Let's see the benefits available under the variant. SMS "Rider Sum Assured" means the sum assured as mentioned in the Schedule. on Check NAV rates of other companies. This illustration is considering investment in "Pure Stock fund II" and Goods and Service Tax of 18%. These are the charges deducted on a monthly basis to recover the expenses of maintaining the policy including record keeping, paper work, services, etc. Yearly, Half-yearly, Quarterly and Monthly, Quarterly & Monthly premium payment frequency will be available under salary deduction scheme & ECS, As per Board approved underwriting policy, Age calculated is age as at the last birthday, Prevailing Sum Assured is based on the prevailing Annualized Premium and applicable Sum Assured multiplier. For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. The first installment is payable on the first premium due date after the date of death or diagnosis of cancer, as applicable. call Income Benefit will be payable if the policy is in force, excluding paid-ups, Income Benefit will not be payable in case of a discontinued or paid-up policy. Income Benefit, is the total sum of all the regular premiums due under the policy after the date of death or diagnosis of cancer. Vijay, a 35 years old Male is investing Rs.10,000 every month for his 8 years old daughter in Bajaj Allianz Future Gain Plan. NAV of all funds from Bajaj Allianz Life. Amongst ‘Top 75 most valuable Indian Brands 2019’, AAA (In) Rating by CARE – Highest Claims Paying Ability, Claim deposits via electronic transfer to make process faster. On the other hand, the Wealth Plus Care variant offers optional rider of Accidental Death Benefit Rider  and Accidental Permanent Total/Partial Disability Benefit. If death of the life assured occurs after claim has been paid for cancer and income benefit being triggered, no additional benefit will be payable on death and outstanding income benefits (if any) will be paid to the nominee. Under both variants, on maturity, the fund value will be payable. or 1.10 times for Entry Age >=45 yrs. All Rights Reserved.. Each installment of the Income Benefit is equal to one regular premium and payable on respective due dates. It is an insurance cum investment plan that combines the features of two Bajaj Allianz Life plans – Bajaj Allianz Life Future Wealth Gain, a ULIP plan and Bajaj Allianz Lifelong Assure, a Non-Linked whole-life traditional plan – to ensure that you are able to build a healthy corpus and also receive a lifelong regular income. Under the Investment Portfolio Strategy, the insured is can allocate his premiums as per his choice and requirements and can choose to invest amongst the 7 funds: The corresponding Top-Up Sum Assured shall be 1.25 times of Top-Up Premium for Entry Age<45 yrs. Sign up for personal visit and tailored advice from our expert agents. Go to bajaj future gain login page via official link below. Below are the documents which are required to be insured under Bajaj Allianz Future Gain Plan: **Documents required are a subject to the plan options and the sum assured chosen. Annual Premium in Rupees and Benefit Illustration for a term of 24 years. you, Have a great day ahead. The process is called Revival of the Life Insurance Policy or Policy Revival and the period is called Revival Period. Bajaj Allianz Future Gain Plan Bajaj Allianz Fortune Gain PlanBajaj Allianz Life Future Wealth Gain . The amount of additional premium paid over and above the Regular/ Limited Premium payable under this Policy, The number of Units pertaining to Top Up Premium under a policy, multiplied by the respective Unit Price on the relevant valuation date. It will help you smile in the face of tomorrow's uncertainties and let you live a worry free life! # The above illustrations are considering investment is in the "Pure Stock Fund II" The benefit amount indicated is a non-guaranteed illustrative figure and is subject to policy terms and conditions. Company Information. Depending upon the age and the amount of cover, the charges levied towards providing life insurance cover to the insured are called as Mortality Charges. One can enjoy the benefits of Loyalty Additions and Fund Boosters added to the Regular Premium Fund Value, if the policy is in force and all premiums have been paid up to date and provided the policy or the risk cover under the policy has not been terminated. If the life assured has paid all the premiums then in case of his/her unfortunate death or first diagnosis of cancer, the nominee/life assured gets the higher of: Sum assured plus top-up sum assured, if any, or Fund Value as on date of receipt of intimation of death or the first diagnosis of cancer, The plan ensures a guaranteed benefit of 105% of the total premiums paid till the day of death or first diagnosis of cancer, where the total premiums paid is (annualized premium X number of years for which premiums have been paid) + top-up premiums, if any, paid. As one continues to cross life’s key milestones, life goals evolve and increase as well. ^3% Discount is available for regular premium and limited premium payment frequency under all variants of Bajaj Allianz Life Smart Protect Goal A Non Linked, Non-Participating Pure Life Term Insurance Plan. No. for a Policy Term of 15 years. The names of the Company, Products/Plans/funds do not indicate the quality and its future prospects or returns. Bajaj Allianz Future Gain is a Unit Linked Endowment plan offered by Bajaj Allianz Life Insurance Company. Each installment of the Income Benefit is equal to one prevailing regular premium. It comes with two variants - Wealth Plus and Wealth Plus Care. Get Life Cover worth Rs.1 Crore at Rs.18 per day2 – Bajaj Allianz Life Smart Protect Goal, Fulfill your Life Goals with Bajaj Allianz Life Goal Assure, Life Insurance Term Plan with Return Of Premium, Get your Life Goals Done with Bajaj Allianz Life Smart Assist – BINA MILEY MIL-KAR, Checkout Quarterly Market & Macro Overview - Oct'20. The Loyalty Additions are below: 1 Loyalty Addition is based on Prevailing Annualized Premium, Fund Booster will be added to the Regular Premium Fund Value at maturity, provided all due regular premiums have been paid up to the date of the allocation of Fund Booster. The amount payable by the policyholder at regular intervals during the Premium Paying Term, and at the Premium Payment Frequency, The total number of Units pertaining to the Regular/ Limited Premium existing in each Fund under this Policy, multiplied by their respective Unit Price on the relevant date. Our Priority is not to sell Life Insurance, it is to serve you in the fastest & most convenient manner when you need us. Website Compatible Browsers: IE11, Firefox, Safari, Opera, Chrome What is the decreased sum assured benefit under this plan? Loyalty Additions will not be paid for a Discontinued / Paid-up policy. Protect your family and Secure their future. The Logo of Bajaj Allianz Life Insurance Co. Ltd. is provided on the basis of license given by Bajaj Finserv Ltd. to use its “Bajaj” Logo and Allianz SE to use its “Allianz” logo. Investment starting @ INR 2500/month © Bajaj Allianz Life Insurance Co. Ltd. All Rights Reserved. Bajaj Allianz’s Pure Stock Fund has outperformed benchmark and has generated a CAGR of 16.4% for 10 years vs 9.2% of benchmark (as on 31st March 2017). L"IF"E is full of IF's... and one needs to plan to secure their loved ones and themselves against the Ifs of Life. To ensure that it is not too late, get your #LifeGoals insured with us today! This calculation will be done before creation / redemption of units. If more than one rider is chosen under the policy, the maximum age at entry shall be restricted to 50 years. The Loyalty Additions are below, Loyalty Additions (% of one Annualized Premium)1, 1Loyalty Addition is based on Prevailing Annualized Premium. Switching between funds is allowed under the Investor Selectable Portfolio Strategy. In Wealth Plus Care variant during the premium payment term, on death of the life assured or the first detection of cancer, future premiums on respective due dates, will be paid to the Nominee or Life Assured, as the case maybe. Convert Your Saving into Investments to Fulfil Future Life Goals. Thus, the plan provides market-linked growth and also insurance protection. I hereby authorize Bajaj Allianz Life Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back. The Sum Assured chosen by him is Rs.4,50,000. This holistic investment solution enables you to plan for your life goals in a disciplined manner. Performance is based on this details: 1. Gaurav has decided to pay Rs.2500 as monthly premium for a premium payment term of 30 years. Right from the initial customer service to the easy availability online, it has made me secure and relaxed about my investment. Private life insurer Bajaj Allianz Life is focusing on a slew of steps to align its sales and business processes to ‘the new normal’. IN ULIPs, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. Each instalment of the Income Benefit is equal to one regular premium, and is paid on each premium due date for the remaining period of the premium payment term. If the death or the first diagnosis of cancer (subject to waiting period**) occurs during the premium payment term, then, an additional benefit as Income Benefit will be payable. To secure your and your loved ones’ futures, the plan offers the … Unit Linked Insurance Plan (ULIP) is a life insurance policy which provides a combination of risk cover and investment. ; Step 2. Bajaj Allianz Life Future Wealth Gain, a non-participating, individual, life, unit-linked regular/ limited premium payment endowment plan, offers dual benefit of protection as well as growth. Q. Regular Premium Prevailing Sum Assured% plus Top up Sum Assured, if any, or, Fund Value as on date of receipt of intimation of death, Bajaj Allianz ULIP Accidental Death Benefit Rider, Bajaj Allianz ULIP Accidental Permanent Total/Partial Disability Benefit Rider, Bajaj Allianz ULIP Waiver of Premium Benefit Rider, Please refer to respective rider sales literature or visit Company website or consult your 'Insurance Consultant' for more details and eligibility conditions. On surrender after the lock-in period of first 5 policy years, the surrender benefit available will be the Fund Value, as on the date of surrender and will be paid immediately. All outstanding Income Benefits (if any) will be paid to the nominee in such a scenario. Higher of 10*annual premium or 0.5*term*annual premium for ages<45 yrs. (We have 7 different fund options which gives 8.5% to 48% of absolute return) 2. Public receiving such phone calls are requested to lodge a police complaint. 18,00,000, he will receive Rs. In Unit Linked Polices, instead of taking a lump sum amount at maturity, some plans provide policyholders with the option to receive the Maturity Benefits as a structured payout (periodic instalments) over a period of 5 years after maturity. or solicitation and procurement of insurance business, I hereby authorize Bajaj Allianz Life Insurance Co. Ltd. to call me on the Reviews of Bajaj Allianz Life ULIPs with Equity Growth Fund 2. With a total investment of Rs. Bajaj Allianz life insurance has been one of the easiest and best investments I have made to date. Under "Wealth Plus Care" the minimum & maximum sum assured are the same. Disclaimer: Images used on this website and the models photographed in them are for representative purposes only and are not indicative of anyone's personal thoughts or ideas. **The maximum investment in mutual funds shall be governed by the relevant IRDAI guidelines. National Dear Customer, we request you to connect with us In case the premium(s) are un-paid and the policy is revived during the revival period by paying all due premiums, the Loyalty Additions due-but-not-allotted during the period the Policy was in Discontinuance will be added to the fund as on the date of revival. Let’s understand with an example how the Bajaj Allianz Future Gain ULIP helps you save for your child’s future. This benefit is available only to the policyholders of Wealth Plus Care variant and is payable if the policy is in force, excluding paid-ups. 1 day is counted from date of intimation of claim before 3 PM on a working day (excluding Non-NAV days for ULIP) at Bajaj Allianz Life offices, ~Individual Claims Settlement Ratio for FY 2019-2020, 1 Report published by Kantar millward brown, 2Survey conducted by brand equity – Nielsen in March 2019, $For details refer to press release published by CARE. Top players like Bajaj Allianz Life Insurance offer tailored ULIP plans such as Bajaj Allianz Life Goal Assure, Bajaj Allianz Life Future Wealth Gain and Bajaj Allianz Life LongLife Goal which come with several new-age features. An Income solution to your long-term needs for achieving life goals let you a... Outstanding Income benefits ( if any ) will be switched to the fund Value Top! 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