Claim Settlement Ratio of 99.23%^~

IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER.

Bajaj Allianz Life Future Wealth Gain III

A Unit- linked Non- Participating Individual Life Savings Insurance Plan

Fund Booster at maturity

Periodic loyalty additions^#

High life insurance cover

Overview
Key Advantages
How this works
Eligibility
Downloads
Policy Benefits
Sample Illustration
Surrender
Loyalty Additions
Fund Booster

To realize your families long term financial goals, you need to carefully plan keeping in mind that it should not only provide the dual advantage of Protection and Growth, it should also allow the flexibility of saving in a range of options, give you the benefit of market upsides for staying invested even during periods of uncertainty and ultimately ensure that your family achieves all the financial goals you have planned for them.

Presenting Bajaj Allianz Life Future Wealth Gain III, is a non-participating, life, individual, Unit-Linked regular/limited premium payment plan.

Bajaj Allianz Life Future Wealth Gain III plan offers the dual benefit of protection and growth to fulfil the dreams of your loved ones.

Fund Booster

Fund Booster³(FB) will be added to the Regular Premium Fund Value at maturity as a percentage of the average of the daily regular premium fund value during the previous 3 years (including the current year).

³Fund booster is based on prevailing Annualized Premium at the time of addition of fund booster

Loyalty additions

Loyalty Additions will be added to the Regular Premium Fund Value, as a percentage of the average of the daily regular premium fund values during previous 3 years (including current year) at the end of every 5 policy year starting from the 10th policy year, provided all due regular premiums have been paid up to date.

Maturity Benefits

Fund Value will be payable on the survival of the life assured to the maturity date,provided the policy is in force.

Rider benefits

Future Wealth Gain III offer an option to select Bajaj Allianz Life Linked Accident Protection Rider II (UIN: 116A057V01)

Two portfolio strategies

Investor Selectable Portfolio Strategy enables you to choose from seventeen different funds. Under the Wheel of Life Portfolio Strategy, your investment in different funds is done basis years to maturity based strategy. You have the option to change between these strategies in keeping with your evolving life stages, risk appetite or needs.

Avail Family Benefit:

Get an additional benefit at Maturity, if any of your family member(s)^{^} is an existing customer of Bajaj Allianz Life Insurance Co. Ltd.

^{^}Family member shall be defined as spouse, children, brothers, sisters, grandchildren, parents, parents in-laws; and will be available to family members of existing customers including who have matured policies.

Choose the Premium you want to pay

Choose the sum assured multiplier to decide your life cover¹

Choose your policy term and premium payment term

Choose payment frequency

Choose between the two portfolio strategies

Choose the riders (Optional and with rider charges applicable)

Note

¹Applicable as per the minimum/maximum sum assured criteria. Please refer to the Eligibility Parameters

Entry Age

Minimum Age at Entry

0 years

In the case of minor life, the risk cover will commence immediately on date of commencement of policy, and policy will vest on the life assured on the attainment of majority (i.e., age 18 years).

Maximum Age at Entry

For Premium Payment Term 5: 55 Years

For Premium Payment Term 7,10 and 15 Years: 60 Years

Maturity Age

Minimum age at maturity

18 years

Maximum age at maturity

75 years

Policy Term

Policy Term (in yrs)	Premium Payment Term (in yrs)
10	5, 7, 10
15 to 25	5, 7, 10, 15

Premium Payment Frequency

Yearly, Half-yearly, Quarterly and Monthly

Quarterly & Monthly premium payment frequency will be available under salary deduction scheme & ECS

Premium

Minimum	Maximum
Annual Premium ₹ 50,000	As per Board approved underwriting policy
Half Yearly Premium ₹ 30,000
Quarterly Premium ₹ 15,000
Monthly Premium ₹ 5,000

Minimum Top up premium is ₹ 5,000

Minimum Sum Assured

Age at entry less than 50 years: 7 times Annualized Premium
Age at entry 50 years and above: 5 times Annualized Premium

Maximum Sum Assured

Age	Multiplier
0 – 25 years	40
26 – 35 years	30
36 – 40 years	20
41 – 44 years	15
45 years & Above	10

Minimum/ Maximum Top up Sum Assured

Minimum Top Up Sum Assured

Age at entry less than 50 years: 1.25 times Top Up Premium

Age at entry 50 years and above: 1.10 times Top Up Premium

Maximum Top Up Sum Assured

1.25 times of Top up premium

- Age calculated is age as at the last birthday
- Maximum Sum Assured will be subject to prevailing Board Approved Underwriting Policy(BAUP) of the company.
- Maximum premium in a policy will be as per prevailing Board Approved Underwriting Policy (BAUP)

Brochure

Download

Policy Document

Download

Product Presentation

Download

Maturity Benefit

Fund Value will be payable on the survival of the life assured to the maturity date,provided the policy is in force.

Death Benefit

If all due premiums are paid, then, in case of unfortunate death of the life assured during the policy term, the death benefit payable will be,higher of:

Higher of Prevailing Sum Assured² or Regular Premium Fund Value

plus

Higher of (Top up Sum Assured,or Top up Premium Fund Value)

The death benefit is subject to the Guaranteed Death Benefit of 105% of the total premiums paid,till the date of death. If the rider Waiver of Premium (WOP) has been taken under the policy and the WOP benefit has already been triggered under the policy, then, on termination of policy the present value of future WOP installments, discounted at 4% p.a., shall be payable.

The policy will terminate on the date of intimation of death of the life assured. All the above is paid as on date of receipt of intimation of death at the Insurance Company's office.

²Sum Assured shall be reduced to the extent of the partial withdrawals (non-systematic and systematic) made from the regular premium fund value during the two (2) year period immediately preceding the death of the life assured.Any partial withdrawal made from the Top up Premium Fund shall not be deducted for this purpose.

Additional Rider Benefits

Bajaj Allianz Life Linked Accident Protection Rider II (UIN: 116A057V01)

Please refer to respective rider sales literature or visit the Insurance Company's website or consult your 'Insurance Consultant' for more details and eligibility conditions

Family Benefit

If any of your family member is an existing policyholder of Bajaj Allianz Life Insurance Company Limited, you will be entitled to a family benefit.

The benefit will be added into the regular premium fund value as a percentage of the average of your previous three years daily regular premium fund value

The percentage of family benefit will depend upon the policy term opted by you:

Policy Term	% age family benefit
<20 years	0.5%
>=20 years	1%

There will not be any family benefit for Top-up premiums paid.

The amount of Family Benefit will be allocated in the funds in the same proportion of the fund values as at the date of addition.Unit Prices as on the date of Family Benefit addition will be used for the unitization

No Family Benefit will be available on the discontinuance or paid-up of the policy

Family Member shall mean spouse, children, brothers, sisters, grandchildren, parents, parents in-laws; and will beavailable to family members of existing customers including who have matured policies

Maturity Benefit
Death Benefit

Anuj has taken a Bajaj Allianz Life Future Wealth Gain III policy, for which he is paying a regular premium of ₹ 1,00,000 p.a. for a Policy Term of 15 years. He has chosen the Sum Assured as 10 times of his annual premium, i.e. ₹. 10,00,000. The total premium paid by Anuj will be ₹ 15,00,000. Let’s see the benefits available under the variant.

Anuj, 30 years old

On the maturity date, Anuj's maturity benefit, based on the assumed investment returns, are as per the table given below

At Assumed return^*	Maturity Benefit (Fund Value)
of 8%	₹ 25,74,295^##
of 4%	₹ 18,54,646^##

^##The 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.

The benefit amount indicated is a non-guaranteed illustrative figure and is subject to policy terms and conditions.

^*This illustration is considering investment in "Pure Stock fund II" and Goods & Service tax of 18%.

Anuj, 30 years old

In case of Anuj's unfortunate death in the 12th policy year, the death benefit, based on the assumed investment returns, are as per the table given below

At assumed return^*	Death Benefit
of 8%	₹ 17,66,573^##
of 4%	₹13,59,141^##

The death benefit is subject to the guaranteed benefit, which is 105% of the total premiums paid, till the date of death.

^##The 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.

The benefit amount indicated is a non-guaranteed illustrative figure and is subject to policy terms and conditions.

^*This illustration is considering investment in "Pure Stock fund II" and Goods and Service Tax of 18%.

You have the option to surrender your policy at any time.

On surrender during the lock-in period, the Regular Premium Fund Value less the discontinuance/ surrender charge, Plus the Top Up premium fund value if any, as on the date of surrender,will be transferred to the Discontinued Life Policy fund (maintained by the Insurance Company), and the risk cover under the policy shall cease.You will not have the option to revive such a surrendered policy. The discontinuance/surrender charge will be applicable only to the Regular Premium Fund Value. The discontinuance value as at the end of the lock-in period will be paid to you as surrender benefit

On surrender after the lock-in period,the surrender benefit available will be the Fund Value, as on the date of surrender and will be paid immediately.

if Waiver of Premium (WOP) rider is opted and it has already been triggered under the policy, then, on termination of policy,the present value of future waiver of premium installments,discounted at 4% p.a., shall be paid.
The policy shall thereafter terminate upon payment of the full surrender value by the company.

Loyalty Additions will be added to the Regular Premium Fund Value, as a percentage of the average of the daily regular premium fund values during previous 3 years (including current year) at the end of every 5 policy year starting from the 10th policy year,provided all due regular premiums have been paid up to date.

The Loyalty Additions are as below:

Annualized Premium	Percentage
50,000 – 99,999	1.50%
1,00,000 – 1,99,999	2.50%
2,00,000-4,99,999	2.50%
5,00,000 & Above	2.50%

1) Amount of Loyalty Additions will be allocated in funds in the same proportion of the Regular premium Fund Value as at the date of addition.Unit Prices as on the date of Loyalty addition will be used for the unitisation.

2) There will not be any Loyalty Additions for Top-up premium paid.

3) Loyalty Additions will not be paid for a Discontinued / Paid-up policy

4) The Loyalty addition percentage will be applied as per the prevailing annualized premium at the time of Loyalty addition.

Fund Booster^³(FB) will be added to the Regular Premium Fund Value at maturity, provided all due regular premiums have been paid up to the date and policy has not been terminated. The Fund Booster will be a percentage of the average of the daily regular premium fund value during the previous 3 years (including the current year).

Policy Term(in years)/Premium	10 Years	15 Years and Above
50,000 – 99,999	0%	2%
1,00,000 – 1,99,999	0%	3%
2,00,000-4,99,999	0%	3%
5,00,000 & Above	0%	3%

1) The amount of Fund Booster will be allocated in the funds in the same proportion of the fund values as at the date of addition.Unit Prices as on the date of Loyalty addition will be used for the unitisation.

2) There will not be any Fund Booster for Top-up premium paid.

3) No Fund Booster will be available on the discontinuance or paid-up of the policy.

4) The Fund Booster % will be applied as per the prevailing annualized premium at the time of addition of Fund Booster.

^³Fund booster is based on prevailing Annualized Premium at the time of addition of fund booster

Why Bajaj Allianz Life Insurance ?

99.23%

Claim Settlement Ratio^~

1 Day

Claim Approval^%

AAA

CARE Stable Rating^$

₹1,16,966 Cr

Assets Under Management (AUM)^**

4.19 Cr

Number of Lives Covered^#

432%

Solvency Ratio of 432%^{^}

Disclaimer:^~Individual Death Claim Settlement Ratio for FY 2023-2024 | ^%96.70% of non-investigative individual claims approved in one working day for FY 2023-24. 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 | ^$For details refer to press release published by CARE | ^**All figures as on 31 March 2024 | ^{^}Solvency ratio 432% as at 31 March 2024 against IRDAI mandated 150% | ^#Individual & Group.

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Customer Speaks

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I have invested in various products of Bajaj Allianz Life Insurance - I am happy with the services, returns and diversified product portfolio.

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Satisfied, Trust

I am a happy customer who is satisfied with the after sales service. I have full trust in Bajaj Allianz Life Insurance Company.

Shrikant A Karande

Happy with the returns

I was introduced by my advisor to invest in Bajaj Allianz Life Insurance .I have invested in the same and am happy with the returns and services.

Kavita Goplani

Very Happy

I am a 7 year old customer of Bajaj Allianz Life Insurance and very happy about the services.

Dhruv Soni

Frequently Asked Questions

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Life Insurance Guide

Articles
Calculators
Podcasts
Videos

Disclaimers:

^#Loyalty addition: loyalty addition will be allocated at the end of 5th policy year starting from 10th policy year

^##Accelerated cancer cover is applicable only under "wealth plus care" variant.

Call to Buy

1800-209-4040

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS

IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

CIN: U66010PN2001PLC015959 | Registered Office Address: Bajaj Allianz House, Airport Road, Yerawada, Pune-411006, Maharashtra

Email: customercare@bajajallianz.co.in | Tollfree: 1800 209 7272,

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 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.

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Disclaimer

For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. The terms and conditions of product/plan as contained in the Policy Document issued by the Company is available on the Web Site. The names of the Company, Products/Plans/funds do not indicate the quality and its future prospects or returns. IN ULIPs, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. 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. Tax benefits are as per the prevailing Income Tax Laws including the Income Tax Act, 1961 and are subject to change from time to time. Goods and Services Tax will have to be borne by the Policyholder as per applicable rates. All other charges shall be levied in accordance with the terms and conditions of the policy.

This calculation and results displayed are based on information provided and certain assumptions about the rates of return. It is for assistance only and does not constitute an offer or solicitation. It is not intended to be and must not alone be taken as the basis for an investment decision. Kindly note that the returns are only illustrative and they are not guaranteed. The returns do not indicate the upper or lower limits of the return that you may get with your policy and the value is dependent on a number of factors including future performance. Bajaj Allianz Life Insurance Company Limited shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information reported by the calculator.

¹©2021 Morningstar. All Rights Reserved. The Morningstar name and logo are registered marks of Morningstar, Inc. The information, data, analyses and opinions ("Information") contained herein: (1) include the proprietary information of Morningstar and its content providers; (2) may not be copied or redistributed except as specifically authorized; (3) do not constitute investment advice; (4) are provided solely for informational purposes; (5) are not warranted to be complete, accurate or timely; and (6) may be drawn from fund data published on various dates and procured from various sources. 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. Please verify all of the Information before using it and do not make any investment decision, except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up

Disclaimer

Bajaj Allianz Life Future Wealth Gain III

Overview

Key Advantages

How this works

Eligibility

Downloads

Policy Benefits

Sample Illustration

Surrender

Loyalty Additions

Fund Booster

Fund Booster

Loyalty additions

Maturity Benefits

Rider benefits

Two portfolio strategies

Avail Family Benefit:

Choose the Premium you want to pay

Choose the sum assured multiplier to decide your life cover1

Choose your policy term and premium payment term

Choose payment frequency

Choose between the two portfolio strategies

Choose the riders (Optional and with rider charges applicable)

Entry Age

Minimum Age at Entry

Maximum Age at Entry

Maturity Age

Minimum age at maturity

Maximum age at maturity

Policy Term

Premium Payment Frequency

Premium

Minimum Sum Assured

Age at entry less than 50 years: 7 times Annualized Premium Age at entry 50 years and above: 5 times Annualized Premium

Maximum Sum Assured

Minimum/ Maximum Top up Sum Assured

Minimum Top Up Sum Assured

Maximum Top Up Sum Assured

Brochure

Policy Document

Product Presentation

Maturity Benefit

Death Benefit

Additional Rider Benefits

Family Benefit

Maturity Benefit

Death Benefit

Why Bajaj Allianz Life Insurance ?

Customer Speaks

Frequently Asked Questions

Life Insurance Guide

Podcasts

Choose the sum assured multiplier to decide your life cover¹

Age at entry less than 50 years: 7 times Annualized Premium
Age at entry 50 years and above: 5 times Annualized Premium