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 II

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

Fund Booster at maturity

Periodic loyalty additions^#

Accelerated Cancer Cover^##

High life insurance cover

Wealth Plus
Wealth Plus Care

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

As one continues to cross life’s key milestones, life goals evolve and increase as well. Thereby, the expectations from one’s investments increase manifold. You look for options that offer sound returns along with securing the life goals of your loved ones in your absence, or having a financial support system in case any critical illness were to strike, amongst others.

Bajaj Allianz Life Future Wealth Gain II, 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. It comes with two variants - Wealth Plus and Wealth Plus Care. This holistic investment solution enables you to plan for your life goals in a disciplined manner.

Fund booster

A percentage of one annualized premium is added to the fund value at maturity of the plan, thereby enhancing the overall maturity amount.

Loyalty additions

The policy rewards your decision to stay invested by adding a specified percentage of the prevailing annualised premium to the fund value, every five years from the 10th policy year onwards.

Maturity Benefit

Under both variants, on maturity, the fund value will be payable

Rider benefits

Future Wealth Gain II offers optional Accidental Death Benefit Rider, Accidental Permanent Total/Partial Disability Benefit Rider and Waiver of Premium Benefit Rider and Linked Accident Protection Rider in the Wealth Plus variant.

Variants

Wealth Plus

Benefits Payable

Maturity Benefit

On the maturity date, you will receive the Fund Value^{^}

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, Regular Premium Prevailing Sum Assured⁴ or Regular Premium Fund Value¹

plus

Higher of, Top-up Sum Assured or Top-up Premium Fund Value²

The Death Benefit is subject to the Guaranteed Death Benefit^% of 105% of the total premiums³ 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.

Note:

^%Sum Assured/Guaranteed Death Benefit shall be reduced to the extent of the partial withdrawals made from the regular premium fund during the two (2) year period immediately preceding the death of the life assured.
^{^}Fund Value is equal to Regular Premium Fund Value (1) plus Top Up Premium Fund Value (2), where:
¹Regular Premium Fund Value is equal to the total Units in respect of regular/limited premiums paid under this policy multiplied by the respective unit price on the relevant valuation date and
²Top Up Premium Fund Value is equal to the total Units in respect of Top-Up premium under this policy multiplied by the respective unit price on the relevant valuation date.
³Total premiums paid shall be sum of all regular/limited and Top-Up premiums paid till date.
⁴Prevailing Sum Assured is Sum Assured in any year after reduction of premium or decrease of Sum Assured if any

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 from the two variants – "Wealth Plus" & "Wealth Plus Care"¹

Choose the premium you want to pay

Choose the sum assured multiplier to decide your life cover²

Choose your policy term and premium payment term

Choose the premium payment frequency

Choose between the two portfolio strategies

Choose the riders (optional and with rider charges applicable)

Note

¹The variant has to be chosen at the inception of the policy and cannot be changed subsequently.
²Applicable 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

60 years

If more than one rider is chosen under the policy, the maximum age at entry shall be restricted to 50 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

7 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

125% of Top up premium

Age calculated is age as at the last birthday

Prevailing Sum Assured is based on the prevailing Annualized Premium and applicable Sum Assured multiplier

- Age calculated is age at the last birthday

Brochure

Download

Policy Document

Download

Product Presentation

Download

Maturity Benefit

On the maturity date, you will receive the Fund Value^{^}.

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 (Regular Premium Prevailing Sum Assured⁴ or Regular Premium Fund Value¹

plus

Higher of (Top up Sum Assured,or Top up Premium Fund Value²

The death benefit is subject to the Guaranteed Death Benefit^% of 105% of the total premiums³ paid, till the date of death.

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.

^{^}Fund Value is equal to Regular Premium Fund Value (1) plus Top Up Premium Fund Value (2), where:

¹Regular Premium Fund Value is equal to the total Units in respect of regular/limited premiums paid under this policy multiplied by the respective unit price on the relevant valuation date and

²Top Up Premium Fund Value is equal to the total Units in respect of Top-Up premium under this policy multiplied by the respective unit price on the relevant valuation date.

³Total premiums paid shall be sum of all regular/limited and Top-Up premiums paid till date.

⁴Prevailing Sum Assured is Sum Assured in any year after reduction of premium or decrease of Sum Assured, if any.

Additional Rider Benefits

Under "Wealth Plus" Variant

	Riders	UIN
1	Bajaj Allianz ULIP Accidental Death Benefit Rider	116A013V02
2	Bajaj Allianz ULIP Accidental Permanent Total/Partial Disability Benefit Rider	116A014V02
3	Bajaj Allianz ULIP Waiver of Premium Benefit Rider	116A030V02
4	Bajaj Allianz Life Linked Accident Protection Rider	116A055V01

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 paid to you on maturity and 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.

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

Maturity Benefit
Death Benefit

Anuj has taken a Bajaj Allianz Life Future Wealth Gain II policy with Wealth Plus variant for which he is paying a regular premium of ₹ 50,000 p.a. for a Policy Term of 15 years. He has chosen the Sum Assured as 10 times of his annual premium, i.e. ₹. 5,00,000. The total premium paid by Anuj will be ₹ 7,50,000. 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%	₹ 12,71,844
of 4%	₹ 9,33,067

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%	₹ 8,73,655
of 4%	₹ 6,74,467

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 of first 5 years of your policy, the Fund Value less the discontinuance/ surrender charge, 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 value as at the end of the lock-in period will be paid to you as surrender benefit. The discontinuance/ surrender charge will be applicable only to the Regular Premium Fund Value.

- 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.

- Under the "Wealth Plus" variant, if waiver of premium is opted and 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 Insurance 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. The Loyalty Additions are below

At the end of Policy Year

Loyalty Additions (% of one Annualized Premium)⁶

10

15%

15

20%

20

25%

25

30%

⁶Loyalty Addition is based on Prevailing Annualized Premium

-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.

-Amount of Loyalty Additions will be allocated in funds in the same proportion of the Fund Value as at the date of addition.

There will not be any Loyalty Additions for Top-up premium paid. Loyalty Additions will not be paid for a Discontinued / Paid-up policy.

-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 Fund Booster (as % of one Annualized premium) are as below

Fund Booster (% of one Annualized Premium)⁷ for Policy Term

Premium Payment Term

5years

7years

10years

15years

10 years

5%

7%

10%

NA

15 years and Above

30%

42%

60%

90%

⁷Fund Booster is based on Annualized Premium chosen at inception
-There will not be any Fund Booster for Top-up premium paid. Fund Booster will not be paid for a Lapsed / Paid-up / Discontinued policy

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.

2) The PPT applicable for the calculation of FB will be the prevailing Premium payment term on the date on Maturity.

Fund Booster (% of one Annualized Premium)⁷ for Policy Term	Premium Payment Term
5years	7years	10years	15years
10 years	5%	7%	10%	NA
15 years and Above	30%	42%	60%	90%

Overview
Key Advantages
How This Works
Eligibility
Downloads
Policy Benefits
Sample Illustration
Surrender
Loyalty Additions
Fund Booster

Bajaj Allianz Life Future Wealth Gain II, 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. It comes with two variants - Wealth Plus and Wealth Plus Care. This holistic investment solution enables you to plan for your life goals in a disciplined manner.