Fortune Gain | Fortune Gain A Unit-linked Insurance Plan
Fortune Gain

Bajaj Allianz Fortune Gain

A Unit-linked Insurance Plan

An intelligent investor deserves a smart plan that provides the maximum benefit from every ounce of investment made; making sure the deduction in charges are minimum. We present one such smart solution - Bajaj Allianz Fortune Gain - a Unit-Linked Single Premium Endowment Plan that provides up to 99.5% premium allocation to make sure that your valuable money is fully utilized towards building you a fortune.

Be Future Safe with Fortune Gain!

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SMS LIFE @ 56070
Key Features

    Bajaj Allianz Fortune Gain is a non-participating, individual, single premium Unit-Linked endowment plan. The key advantages of Bajaj Allianz Fortune Gain are as follows

  • 99.5% premium allocation for single premium 10 lacs and above
  • Loyalty Additions of 3% of the single premium depending on the single premium & policy term chosen
  • Choice of seven (7) funds
  • Option to make partial withdrawals from the funds
  • Option to pay top-up to the extent of the single premium paid.
  • Option to decrease sum assured
  • Systematic switching option to manage your investments better
  • Options to take maturity benefit in installments (Settlement Option).
How Does Your Plan Work

In Bajaj Allianz Fortune Gain, the premium paid by you, after applying the applicable premium allocation rate, is invested Investor Selectable Portfolio Strategy. The units are allocated at the prevailing unit price of the fund. The mortality charge and policy administration charge are deducted monthly through cancellation of units. Fund management charge is adjusted in the unit price.

Am I Eligible?
  • Entry Age

    1Minimum

    63Maximum

  • Maturity Age

    18Minimum

    70Maximum

  • Policy Term

    7Minimum

    30Maximum

  • Single Premium

    Rs. 50,000Minimum

    No LimitMaximum

  • Minimum Sum Assured

    1.25 times single premium if Age at Entry < 45 yrs
    1.1 times single premium if Age at Entry >= 45 yrs

  • Maximum Sum Assured

    X * single premium, where X is based on age at entry and Policy term as mentioned below
    Policy Term
    Age at entry
    1 - 20 21 - 30 31 - 35 36 - 44 45 above
    7 - 10 10 10 10 5 1.5
    11 - 15 10 10 8 3 1.5
    16 - 20 10 8 5 3 1.5
    21 - 25 10 6 4 2 1.5
    26 - 30 10 5 3 2 NA
  • Minimum & Maximum Sum Assured on Top up Premium

    Age Top-Up Sum Assured Multiplier
    Less than 45 years 1.25 times top-up premium
    Greater than or equal to 45 years 1.1 times top-up premium

Age calculated is age as at the last birthday

Bajaj Allianz Fortune Gain (UIN: 116L125V01)

For more details, please refer to the brochure.

Policy Benefits and Features
  • Maturity Benefit

    Under Bajaj Allianz Fortune Gain, the maturity benefit will be the single premium fund value plus top up premium fund value, if any, both as on the maturity date, provided the policy is in-force.

  • Death Benefit

    In case of unfortunate death before the maturity date, provided the policy is in-force, the death benefit payable to the nominee as a lump-sum (subject to the Guaranteed Death Benefit*) is:

    (i) The higher of the sum assured or single premium fund value PLUS

    (ii) The higher of top-up premium sum assured or top-up premium fund value, if any [All the above as on date of receipt of intimation of death].

    • If death of the life assured occurs before attaining age 60 years, then, the sum assured shall be reduced to the extent of any partial withdrawals made from the single premium fund during the two year period immediately preceding the death of the life assured.
    • If death of the life assured occurs on or after attaining age 60 years, then, the sum assured shall be reduced to the extent of any partial withdrawals made from the single premium fund during the two year period before attaining age 60 and all the partial withdrawals made from the single premium fund after attaining age 60.
    • The partial withdrawal made from the top up premium fund shall not be deducted for this purpose.

    * The guaranteed death benefit applicable throughout the policy term is 105% of the total premiums paid including top-up premiums paid, if any, till the date of death.

  • Loyalty Additions

    Your policy will be entitled for loyalty additions as per the below table. The addition, expressed as a percentage of the single premium, will be added to the single premium fund value at the maturity date of your policy.

  • Policy Term
    Single Premium
    50,000 to 99,999 100,000 & above
    7 to 10
    Nil Nil
    10 to 30
    Nil 3%

    No loyalty addition is payable on any top-up premium paid.

  • Surrender Benefit

    You have the option to surrender your ULIP policy at anytime.

    • On surrender during the lock-in period of first five years, the single 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 company), and life cover shall cease immediately. The discontinuance value as at the end of the lock-in period will be available to you as surrender value.
    • On surrender after the lock-in period of first five years, the surrender value available will be single premium fund value plus top up premium fund value, if any, as on the date of surrender.
    • The policy shall thereafter terminate upon payment of the full surrender value by the company.
Sample illustration
  • Yuvraj aged 35 years has taken a Bajaj Allianz Fortune Gain policy for a Policy Term (PT) of 24 years. Yuvraj has decided to pay Rs. 2,00,000 as single premium. The Sum Assured chosen by him is Rs. 8,00,000. On maturity date, Yuvraj's maturity benefit, based on the assumed investment return, are as given below:

  • Investment Return## Maturity Benefit
    @8% Rs. 7,57,661/-
    @ 4% Rs. 2,37,061/-
    • Sample illustration Fortune Gain
    • In case of Yuvraj's unfortunate death in the 16 policy year, the death benefit, based on the assumed investment return, are as given below:
    • Investment Return## Death Benefit in the 16 year
      @8% Rs. 8,00,000/-
      @ 4% Rs. 8,00,000/-
    • Sample illustration Fortune Gain

    #The benefit amounts indicated are non-guaranteed illustrative figures, and subject to policy terms and conditions. This illustration is considering investment in "Asset Allocation Fund II" & applicable Goods & Service Tax

    The returns indicated at 4% and 8% are illustrative and do not indicate the upper or lower limits of returns under the policy

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For more details on the risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.
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Tax Benefits

Premium paid are eligible for tax benefits under section 80C of the Income Tax Act and Maturity benefit,death benefit and Surrender value are eligible for tax benefits under Section 10(10D) of the Income Tax Act, subject to the provision stated therein.

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Disclaimer: 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. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) under either Fully or Partially Blocked category, any call made or SMS sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business.

Disclaimer: Insurance is the subject of the solicitation. For more details about risk factors, terms and conditions, please read the sales brochure carefully before concluding the sale. The terms and conditions of product/plan as contained in the Policy Document issued by the Company is available on the Web Site. Please note that the name of the Bajaj Allianz product/plan does not indicate the quality of the insurance contract and its future prospects or returns. Investment in ULIPs is subject to market risks associated with capital markets. IN ULIPs, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. 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 Service 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.