15% Discount applicable for customer's first individual life insurance policy on the life of the LA, applicable only on first year’s premium. 5% Discount for salaried employees, applicable only on first year’s premium. 6% Discount on online purchase is available for regular premium payment and limited premium payment frequency on first year's premium.
4Above illustration is for Bajaj Allianz Life eTouch II- A Non-Linked, Non-Participating, Individual Life Insurance Term Plan (UIN: 116N198V01) considering Male aged 23 years | Non-Smoker Preferred | Annual Income =>Rs. 15,00,000 per annum | Indian Resident | Policy Term (PT)– 30 years | Premium Payment Term (PPT) – 30 years | Sum Assured opted is Rs. 2,00,00,000 | Online Channel | Standard Life | 1st Year Premium is Rs. 7,159. 2nd Year onwards premium is Rs. 7,760. Total Premium is Rs. 2,32,199 | Medical Rates | Yearly Premium Payment Mode | Death benefit opted is lumpsum payout and monthly instalments (Lumpsum Payout Percentage : 40, Income Payout Percentage : 60). Income payout instalment opted for 40 years | Premium shown above is inclusive of Online Discount only, no other discounts have been considered and exclusive of Goods & Service Tax/ any other applicable tax levied, subject to changes in tax laws, and any extra premium and is for illustrative purpose only. For more details on risk factors, terms and conditions please read sales brochure & policy document (available on www.bajajallianzlife.com ) carefully before concluding a sale.
5Tax benefits as per prevailing Section 10(10D) and Section 80C of the Income Tax Act shall apply. You are requested to consult your tax consultant and obtain independent advice for eligibility before claiming any benefit under the policy. Above Tax benefit is calculated considering deduction of Rs. 150,000 and applicable tax rate of 31.20%.
2Get Free Health Management Services upto ₹ 31,000 per year
Health Management Services
|
Frequency
|
Cost (₹)
|
|---|
Doctor Insta-Consultations
|
3 consultations per month = 36 consultations per year
|
Average cost per session = ₹ 500
Total cost per year = ₹ 500 * 36 = ₹ 18,000
|
Health Coach
(Diet & nutrition consultations)
|
1 consultation per month =
12 consultations per year
|
Average cost per session = ₹ 500
Total cost per year = ₹ 500 * 12 = ₹ 6,000
|
Emotional Wellness
(Psychologists consultations)
|
1 consultation per month =
12 consultations per year
|
Average cost per session = ₹ 500
Total cost per year = ₹ 500 * 12 = ₹ 6,000
|
Network discounts:
Medicines (M) - 10%
Lab-test booking (L) - 10%
|
Throughout the year
|
Assumption – Total
expense on these
services throughout
the year
|
Total discounts that can be availed
throughout the year
|
M - ₹ 5,000
|
₹ 500
|
L - ₹ 5,000
|
₹ 500
|
Total per year as per assumption
|
₹ 31,000
|
Note: The above mentioned costs are based on estimated average market price for respective services. T&C apply.
Doctor Insta-Consultations and Health Coach Services are unlimited and the above numbers are assumed only for the purpose of calculation of the yearly benefit.
6Through Parental Care Option available in Bajaj Allianz Life Family Protect Rider (UIN:116B056V01)
11Loyalty additions are payable only for premium of INR 5 lacs & above and wherein the policy term is 10 years & above
10Considering assumed investment return@8% in the above illustration.
Assumed Investment return on 20th Policy Year
|
CAGR1
|
|---|
₹1,12,13,273
|
8%
|
₹67,27,659
|
4%
|
1The assumed rate of returns indicated at 4% and 8% are illustrative and not guaranteed and do not indicate the upper or lower limits of returns under the policy.
7Above illustration is for Bajaj Allianz Life iSecure - A Non-Linked Non-Participating Term Life Insurance Plan (UIN:116N109V05) considering Male aged 25 years | Non-Smoker | Policy Term (PT) – 10 years | Premium Payment Term (PPT) – 10 years | Sum Assured opted is ₹ 50,00,000 | Online Channel | Standard Life | Total Premium Paid is ₹ 1,17,340 | Medical Rates | Monthly Premium Payment Mode | Premium shown above is exclusive of Goods & Service Tax/any other applicable tax levied, subject to changes in tax laws, and any extra premium and is for illustrative purpose only.
8If the customer is digitally KYC compliant and meets the eligibility criteria, medical, and underwriting norms.
92% Discount on online purchase is available for regular premium payment and limited premium payment frequency throughout the premium payment term.
13Mortality Charges deducted are returned at the end of the policy term, by way of Loyalty Advantage added to your Fund Value.
14Loyalty additions & Fund Maintenance Booster are subject to policy terms and conditions
15Please refer to Bajaj Allianz Life Linked Accident Protection Rider (UIN: 116A055V02) sales literature or visit the insurance company’s website or consult your insurance consultant for more details and eligibility condition.
12Considering assumed investment return@8% in the above illustration.
Assumed Investment return on 20th Policy Year
|
CAGR1
|
|---|
₹99,13,515
|
8%
|
₹59,32,998
|
4%
|
1The assumed rate of returns indicated at 4% and 8% are illustrative and not guaranteed and do not indicate the upper or lower limits of returns under the policy.
16Loyalty Addition: Loyalty Addition will be allocated at the end of 5th policy year starting from 10th policy year
17Conditions Apply – The Guaranteed benefits are dependent on policy term, premium payment term availed along with other variable factors for more details, please refer to sales brochure.
18Conditions Apply – The guaranteed benefits are dependent on the purchase price & annuity option chosen. For more details, please refer to sales brochure.
19Retired Life Income by way of Systematic Partial withdrawal, if opted for. Retired Life Income may be eligible for tax benefits as per extant Income Tax Act, subject to the provision stated therein.
21HSAR – High Sum Assured Rebate is subject to policy terms and conditions
22Premium rate applicable to female life will be based on the premium rate of 3 years’ younger male
23Features and benefits mentioned above are dependent upon annuity option chosen
24The Purchase Price is the Single Premium paid excluding any GST/any other tax as may be applicable from time to time
25Fund booster is based on prevailing Annualized Premium at the time of addition of fund booster
26The Purchase Price is the single Premium or the sum of all regular/limited Premiums paid (including in a paid-up policy); excluding any GST/any other tax as may be applicable from time to time
27Tax benefits as per prevailing Section 10(10D) and Section 80C of the Income Tax Act shall apply. You are requested to consult your tax consultant and obtain independent advice for eligibility before claiming any benefit under the policy.
28Loyalty Addition: Loyalty Addition will be allocated at the end of 5th policy year starting from 10th policy year provided all due regular premiums have been paid up to date.
~~As on 31 August, 2024
*Number of Individual Death claims paid from FY 2006-07 to September-2024
An ISO 9001:2015 
