Small Saving Provides a Safer Tomorrow with Bajaj Allianz Super Saver
Rural Farmers to get secure tomorrow with Bajaj Allianz Super
Saver
Endowment plans have always been
the good option as a regular and safe investments tool for the rural areas.
Bajaj Allianz Life Insurance introduces Super Saver a regular premium endowment
plan especially designed to suit rural & farmer’s needs, which gives not
only vesting bonuses but also guaranteed Addition of 4% of Sum Assured each
year.
This product targeted at the rural population &
farmers provides guaranteed benefits to policyholders. It also comes with extra
protection with an in-built Accidental Death benefit, which provides extra
cover apart from life insurance.
Speaking on the launch of this product Kamesh Goyal,
Country Manager Allianz & CEO Bajaj
Allianz Life Insurance commented “Rural population and farmers will now not
only get secure savings on maturity but also additional gains in the form of
Additional Guaranteed Units and Vesting bonuses. It also has a unique feature
of life cover remaining in-force even if one is unable to pay premiums for 2
yrs particularly suited for rural areas and farmers with income seasonality and
swings.”
Key Benefits
§
Extra Protection
with in-built Accidental Death Benefit and the option to take additional
protection with Family Income Benefit
- Guaranteed Additions of
amount equal to 4% of Sum Assured at the end of each policy year, provided
all premiums till date have been paid
- Policy shall remain
in-force for the full sum assured for 2 successive years, even if you
forget to pay your premiums on due date.
Benefits for a Male at age 30
years
|
Sum Assured
|
Policy Term
|
Premium Payment
|
Guaranteed
Maturity Benefit
|
Maturity Benefit
|
|
@ 1.25%
|
@
3.25
|
|
Rs. 100,000
|
20 years
|
Rs.
7, 478
|
Rs.
180,000
|
Rs. 208,204
|
Rs.
269,584
|
|