The Bajaj Allianz Savings Plan Details made available here. People who want to buy the Bajaj Allianz Life Insurance Saving Plans can have a look at the Plan Reviews, Bajaj Endowment Plans Benefits, Key Features and Eligibility. Choose the Best Bajaj Allianz Savings Plan for you after verifying the details.
Bajaj Allianz Savings Plan Details
Everyone in this world wants to save money for future have many ways. One of the best ways to save their money is buying the Bajaj Allianz Savings Plan. The future money will be helpful for anyone of essential needs such as Children Educations, basic needs, and so on. So, the people can check the necessary information about the Plans. There are many plans available under the Savings Plans. Users can verify each plan features, benefits and eligibility and select the Best Plan for your user needs.
To help your next generations, you must save your resources now. The Bajaj Allianz Savings Plan is the excellent and golden tool for your bright future. Make use of the Bajaj Allianz Life Insurance Saving Plan to lead your life secure. First of all, you can go through the details of the Bajaj Allianz Saving Plans. Decide the plan that will best suit for your economic status. Study the chosen Plan’s Broucher and take the final decision.
Allianz Life Insurance Savings Plans
The Bajaj Allianz Life Insurance Company Limited is offering various Bajaj Allianz Savings Plans. We are providing the list of Allianz Saving Plans. Each plan contains its unique Benefits, Key Features and Eligibility. They described in detail below.
- Save Assure.
- Guarantee Assure.
- Cash Assure.
- Super Life Assure.
Bajaj Allianz Saving Plan – Save Assure
The Bajaj Allianz Company is offering a traditional endowment plan that not only secures you and your family but also guarantees 115% of your sum Assured. Check the Key Features, Benefits, and Eligibility for this Bajaj Allianz Save Assure Plan here. The UIN number of the Save Assure Plan is 116N118V01.
Key Features of Bajaj Life Insurance Save Assure
- You can have the Guaranteed maturity/ death benefit of 115% of the sum assured.
- The Policyholder can have the choice to choose 2 policy terms, 15 and 17 years.
- It provides the Premium Payment Term of 10 & 12 years.
- More value for the money with high Sum Assured rebate on premium.
- You have the Option to enhance your coverage with the rider benefits.
- There is an Option to take the policy benefit in monthly instalments for 5 Years/ 10 Years.
Benefits of Bajaj Allianz Savings Save Assure Plan
Maturity Benefit: 115% of the sum assured chosen will be paid as Maturity Benefit on the maturity date. Also provided all due premiums have been paid.
Surrender Value: The Policyholder will have the option to surrender your policy provided at least 3 full years premiums have been paid.
Death Benefit: With Sudden/ unfortunate death of the Policyholder during the policy term, the sum assured will be given as per the conditions mentioned.
Additional Rider Benefit: Enjoy extra coverage by choosing the additional rider benefits at a nominal extra cost. The riders available with Bajaj Allianz Save Assure are:
- Accidental Death Benefit Rider.
- Accidental Permanent Total/ Partial Disability Benefit Rider.
- Critical Illness Benefit Rider.
- Family Income Benefit Rider.
- Waiver of Premium Benefit Rider.
Loan: The Policyholder can avail the benefit of the Loan under this Save Assure Plan.
Eligibility of Save Assure
| Features | Minimum | Maximum |
| Entry Age | 1 Years | 60 Years |
| Maturity Age | 18 Years | 75 Years |
| Sum Assured | 1,00,000 | No Limit |
| Premium Payment Frequency | Yearly, Half-yearly, Quarterly, Monthly | |
| Premium Paying Term | Less Than 5 Years | |
| Policy Term | 15-17 Years | |
Please go through the Bajaj Allianz Save Assure Plan Boucher for the complete details, Terms and Conditions.
Bajaj Guarantee Assure Plan
The Bajaj Allianz Guarantee Assure Plan is a non-linked, non-participating, individual limited premium endowment plan. This plan helps the Policyholder to live a worry free life. It is one of the Bajaj Allianz Savings Plan.
Key Features of Bajaj Allianz Guarantee Assure Plan
- You have fixed premium payment term of 5 years.
- The Policyholder have the choice of 3 policy terms – 7, 8 and 9 years.
- You will get Guaranteed Addition of up to 63% of Sum Assured on Maturity.
- It ensures more value for the money with high sum assured rebate.
- There are Attractive premium rates for female lives.
- Another Option is provided to take the policy benefit in monthly instalments over a period of 5 or 10 years.
Benefits with Bajaj Guarantee Assure Plan
Maturity Benefit: You will receive the Sum Assured chosen by you and the accumulated Guaranteed Additions as maturity benefit on the maturity date, provided all due premiums have been paid.
Death Benefit: The policy will terminate immediately on the death of the life assured. If all due premiums are paid, then, in the case of unfortunate death of the life assured during the policy term the death benefit payable will be as ‘Sum Assured on Death’ in addition to the accrued Guaranteed Additions.
Eligibility for Bajaj Allianz Guarantee Assure Plan
| Features | Minimum | Maximum |
| Entry Age | 9 Years | 60 Years |
| Maturity Age | 18 Years | 69 Years |
| Sum Assured | 1,00,000 | No Limit |
| Premium Payment Frequency | Yearly, Half-yearly, Quarterly, Monthly | |
| Premium Paying Term | Less Than 5 Years | |
| Policy Term | 7, 8 & 9 Years | |
Read the Bajaj Allianz Guarantee Assure Plan Boucher carefully to know about the Key terms and conditions.
Bajaj Allianz Cash Assure Plan
Almost of all People want to give The Best to their loved ones. They also work towards ensuring that they accomplish their dreams & aspirations. For providing the happiness and additional wealth at every stage of life, Bajaj Allianz Life Insurance presents the Bajaj Allianz Cash Assure. The Plan is a traditional money back plan which provides you with the protection and compulsory savings. It provides lump sum payouts at regular intervals. The Plan also helps to meet your interim financial requirements and provide the best to your family.
The Cash Assure Plan is a traditional money back plan which provides you with the protection and compulsory savings. It provides lump sum payouts at regular intervals. The Bajaj Allianz Savings Plan also helps to meet your interim financial requirements and provide the best to your family. Unique Identification Number of this Cash Assure Plan is 116N131V01.
Key Features for Bajaj Allianz Cash Assure
- Provides the Money backs at regular intervals.
- Get a Guaranteed Money Back of upto 150% of the Sum Assured, depending on policy term chosen.
- Have a choice of 4 policy terms, 16, 20, 24 and 28 years.
- Avail the benefit from shorter premium payment term.
- There is more value for money with high sum assured rebate.
- Gives the special rates for female policyholders.
Benefits of Bajaj Cash Assure Plan
Survival & Maturity Benefit: You will receive the Survival Benefit as Money Backs on each due date and the Maturity Benefit on the maturity date if you have paid all due premiums under your policy. Bajaj Allianz Savings Plan Money Backs are paid to you at the end of the policy years, and the Maturity Benefit will be paid on the maturity date.
Surrender Benefit: The Sum Insured can have the choice to surrender your Policy at any point of time. It has provided at least 3 full years premiums have been paid. The value should be higher of Guaranteed Surrender Value and Special Surrender Value.
Death Benefit: The policy will terminate on the date the Company is informed of the death of the life assured. Check Death Benefit details from the official site.
High Sum Assured Rebate (HSAR): This plan offers the premium discount structure. There you can have a discount of Rs. 4.50 for each complete additional Rs. 1,000 Sum Assured purchased over and above the minimum Sum Assured of Rs. 1,00,000.
Additional Rider Benefit: The Life Assured will have the choice to choose Additional Rider Benefit. This is the another benefit of the Plan. Following is a list of available Riders under this plan.
- Accidental Death Benefit Rider.
- Accidental Permanent Total/ Partial Disability Benefit Rider.
- Critical Illness Benefit Rider.
- Family Income Benefit Rider.
- Waiver of Premium Benefit Rider.
Eligibility for Bajaj Cash Assure Plan
| Features | Minimum | Maximum |
| Entry Age | 0 Years | 54 Years |
| Maturity Age | 18 Years | 70 Years |
| Sum Assured | 1,00,000 | Subject to underwriting |
| Premium Payment Frequency | Yearly, Half-yearly, Quarterly, Monthly | |
| Premium Paying Term | Policy Term minus 5 Years | |
| Policy Term | 16, 20, 24 and 28 years | |
First of all, go through the Bajaj Allianz Cash Assure Plan Broucher to check the Terms and Conditions.
Bajaj Allianz Endowment Plan – Super Life Assure
The Bajaj Allianz Savings Plan provides the twin benefit of comprehensive protection and compulsory savings for your targeted financial goals. Offers the choice to choose a unique feature – Income Benefit. It will help your family to maintain their standard of living in case anything unfortunate happens to you.
With the help of this plan, you will ensure a secure and bright future for your loved once in your absence also. The Super Life Assure Plan Unique Identification Number is 116N134V01.
Key Features of Bajaj Super Life Assure
- The Policy Helps in meeting the key financial milestones with multiple policy term options.
- You have the choice of 2 plan variants: Super and Life – to secure your family’s future.
- The Income Benefit will provide the monthly income in case of Life Assured unfortunate death.
- This Offer bonuses year on year to enhance your saving
- Provides Option to improve your coverage with rider benefits
- Policy avail the Special rates for female policyholders.
Benefits with Bajaj Allianz Super Life Assure Plan
Maturity Benefit: The Sum Assured in addition to the Vested Bonus plus Terminal Bonus, if any, if you have paid all due premiums under your policy. The minimum guaranteed maturity benefit is 100.1% of total premiums paid.
Death Benefit: If all due premiums paid, then in the case of unfortunate death of the Policyholder during the policy term death benefit will be given as per the conditions were given.
Income Benefit: The nominee would get an additional 100% of Sum Assured as Income Benefit, payable in 120 monthly instalments, over the next 10 years starting from the date of settlement of the death benefit. The amount of monthly instalment is equal to Sum Assured/120.
Additional Rider Benefit: You have the option to get a comprehensive protection by choosing the optional additional rider benefit, Bajaj Allianz Waiver of Premium Benefit Rider (UIN: 116B031V01) at an extra cost.
Eligibility for Bajaj Super Life Assure
| Features | Minimum | Maximum |
| Entry Age | Super: 18 Years.
Life: 0 Years. |
Super: 50 Years.
Life: 55 Years. |
| Maturity Age | Super – 30 years. Life – 18 years. |
70 Years. |
| Sum Assured | 1,00,000 | No Limit, subject to underwriting |
| Premium Payment Frequency | Yearly, Half-yearly, Quarterly, Monthly | |
| Premium Paying Term | Equal to Policy Term chosen | |
| Policy Term | 12 to 20 Years | |
The Bajaj Allianz Super Life Assure Broucher enclosed here. Must read the Broucher carefully to get complete/ furthermore details, Terms and Conditions.
Bajaj Life Insurance Premium Calculator
The Bajaj Allianz Life Insurance Company is providing a fantastic service called the Premium Calculator. The company has identified that their customers are facing struggles to calculate the Premium Amounts, Sum Assured, Maturity Amounts and so on. For the sake of those Policyholders, the Premium Calculator Option is provided on its Official Website. The details required to compute are Policy Number, Date of Birth, Various Others.
How to Buy Bajaj Allianz Saving Plans?
The People who want to purchase the Bajaj Allianz Savings Plans can approach in of these ways. You can have 3 options to buy the Bajaj Allianz Life Insurance Policy. Visit the Bajaj Allianz Branch office which is nearest to you. The other Approach is you may visit the Official Website to buy the Bajaj Allianz Savings Plan in Online. Last but not the least is directly contact the Agents to buy Bajaj Allianz Saving Plan.
Here, we are providing the List of documents required while buying the Bajaj Allianz Policy. So, be ready with these documents to get the Policy without any late.
- Proposal Form.
- Age Proof.
- Passport Size Photo.
- Address Proof.
- Medical Reports in some cases.
Claiming Process of Bajaj Allianz Insurance
By the end of the Policy Period, to get the Maturity Amount along with the Benefits you need to Claim for the Bajaj Allianz Life Insurance Policy. The Nominee can also have the choice to claim when the Policyholder died.
The below documents are required to claim for Bajaj Allianz Insurance:
- Original Policy Document.
- Proof of title.
- Death Proof.
- Medical treatment documents before death.
- Age proof and
- Additional documents in case of death occurred due to unnatural or accidental death.