Bajaj Allianz Life launches 7 new
ULIPs
Insure fully and
get MAX allocation upto 93%
FamilyGain is a
flexible investment plan with unique first of its Pure StockFund
Flexible
investments were never so easy
A low investment
flexible investment plan
A unique single
premium product which gives upfront 105% allocation
- New UnitGain Easy Pension Plus – regular
premium
- New UnitGain Easy Pension Plus – single
premium
Mumbai, 30 th June, 2006: Bajaj Allianz Life Insurance launched 7 New Unit
Linked Insurance plans covering wide range of investment patterns providing
wealth creation, savings and valuable life insurance. All these new products
are structured on the new ULIP guidelines provided by IRDA and would be sold
from 1 st July, 2006.
Sam Ghosh, Chief Executive Officer,
Bajaj Allianz Life Insurance Company and Country Manager, Allianz was happy to
announce, “ These 7 new products are extremely customer friendly and truly
provide ‘Jaisi Jaroorat Vaisa Insurance’. 7 new extremely flexible ULIPs are
designed to provide long term wealth creation & valuable life insurance and
can be attached with host of riders to suit varying requirements of individual
customers to match their exact needs. With the launch of the 7 new ULIPs we
have also launched a massive training drive to upgrade skill of our Insurance
consultants to become sound advisors, financial planners and guide to customers
”
Brief description of the 7 new
products
New FamilyGain
FamilyGain is a flexible investment plan
with unique first of its Pure StockFund. The investment in
this ethical fund will specifically exclude companies dealing in gambling,
contests, liquor, entertainment (Films, TV etc.), hotels, banks and financial
institutions, thus suiting religious sentiments on investment guidelines.
·
Partial and full
withdrawals after 3yrs.
·
Guaranteed Life
Cover: Sum Assured + Value of Units
·
Additional Benefits:
o Accidental death and disability
o Critical illness and hospital cash
New UnitGain Super
Insure fully and get MAX allocation upto
93%
Flexibility to:
·
Manage your
investments: 4 funds to choose from, with 3 free switches every year
·
Partial and full
withdrawals after 3yrs.
·
Pay top-ups.
·
Reduce regular
premium after 2 yrs.
New UnitGain Plus
Flexible investment were never so easy
·
Manage your
investments: 6 funds to choose from, with 3 free switches every year
·
Partial and full
withdrawals after 3yrs.
·
Flexibility to
increase sum assured and pay top-ups
·
Assured Protection –
even if you miss payment of your premium after 3 yrs
Additional Benefits:
·
Accidental death and disability
·
Critical illness and hospital cash
New UnitGain
A low investment flexible investment plan
·
Manage your
investments: 6 funds to choose from, with 3 free switches every year
·
Partial and full
withdrawals after 3yrs.
·
Flexibility to
increase sum assured and pay top-ups
·
Assured Protection –
even if you miss payment of your premium after 3 yrs
·
Additional Benefits:
o Accidental death and disability
o Critical illness and hospital cash
New UnitGain Premier
A unique single premium product which
gives upfront 105% allocation
·
105% allocation
·
Guaranteed life cover
·
Manage your
investments: 4 funds to choose from, with 3 free switches every year
2 Pension plans :
New UnitGain Easy Pension Plus – regular premium, New UnitGain Easy Pension
Plus – single premium