Bajaj Allianz Life Bonus rates for the year 2024-2025

Bonus Rates for Participating policies declared as on 31^st March 2025

The regular reversionary, interim, cash, and terminal bonus rates declared as on 31 March 2025 are provided in the tables below. Reversionary bonus rates are applicable for all the in-force policies for full sum assured. Cash and terminal bonus rates are applicable for all in-force policies for full sum assured as well as paid-up policies (as per product conditions) for reduced sum assured. Interim bonus is applicable to in-force policies exiting through deaths and maturities in FY2025-26, after payment of premiums due next year.

 

 

^*Cash Rich plan has a special feature of paying cash bonus during the benefit payout period after the premium paying term along with the Cash Back Benefit (CBB). The cash bonus is also payable to Paid up policies (on Paid up Sum Assured) along with the Cash Back Benefit (CBB)

The Cash Bonus rates declared as on 31^st Mar 2025 is as below:

Table-2 (Cash Rich)

 

^** Elite Assure: In this product, Reversionary Bonus rates are dependent on policy term. The bonus rates as on 31^st March 2025 are as follows:

Table-3 (Elite Assure)

^***Lifelong Assure: In this product, Cash Bonuses are payable to policies starting from the end of 6^th Policy year. The In-force policies or Paid-up policies which have paid at least 5 full years’ premiums are eligible for this bonus. The Cash Bonus rates as on 31^st Mar 2025 are as follows:

Table-4 (Lifelong Assure)

^****Flexi Income Goal (Income Variant): In this product, Cash Bonuses are payable to all In-force policies starting from the first policy year. The Cash Bonus rates declared as on 31^st March 2025 for FY2025-26 are as follows:

Table-5(Flexi Income Goal)

^{^^}ACE – Income: In this product, Cash Bonuses are payable to all eligible In-force policies under the Early Income Variant. 

The Cash Bonus declared as at 31^st March 2025 for FY2025-26 are as follows:

Table-6 (ACE – Income (CB))

Terminal Bonus rate:

Terminal bonuses rates on death and maturity are applicable for the policies of all the par products, which have been in-force for full Sum Assured at least for 5 full years, and which will exit either due to death or due to maturity, before the declaration of bonus rates for the financial year 2025-26.

The recommended terminal bonus rates are as shown in Table 1 above.

This rate is applicable on the full sum assured for the policies which are in-force as on date of exit and on the reduced sum assured for the policies which are paid-up for reduced sum assured as on date of exit. The above rates will be applied for each completed policy year at the time of exit.

For ACE and ACE Advantage product, terminal bonus on surrenders, if applicable, will be paid out in FY2025-26 as per the benefit illustration.

Special Reversionary Bonus

It was recommended and approved in With-Profit Committee to declare a one-off special simple reversionary bonus of 5.00% of Benefit Sum Assured for these two product variants –
- ACE Wealth Variant
- Flexi Income Goal - Enhanced
This special bonus is applicable to all the policies which are in-force under these two product variants as at 31^st March 2025. This bonus is payable on death, surrender and maturity, whichever earlier.

Interim Bonus rate:

Interim bonus rates are to be paid in respect of death claims or maturity claims taking place after receiving premiums or after policy anniversary for fully paid-up policies, and before declaration of bonus rates for FY2025-26. The rates are to be same as the recommended bonus rates as on 31^st March 2025. It is applied on sum assured plus the accrued regular reversionary bonuses.

Flexi Income Goal, ACE: Accumulation Fund Interest Rate

The products – Flexi Income Goal and ACE, have an option where policyholders can choose to keep the cash bonuses in the Accumulation fund. These cash bonuses will accumulate with the declared interest rates. The interest rate declared for FY25-26 is 6.58%.