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Bajaj Allianz Elite Assure Plan

Insurance Company	Bajaj Allianz Life Insurance Company Ltd
Plan Name	Bajaj Allianz Elite Assure Plan
Plan Nature	TRADITIONAL
Plan Category	Savings & Investment Plan
UIN No.	116N127V03
About Plan	It is a traditional savings plan that offers the most attractive return while protecting your family.

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Table for Growing SIP

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Expected Returns
8	10	12	15	17.5	20

Table for Non Growing SIP

Monthly Amount For SIP Needed (non-growing)

Minimum Entry Age	0 Years
Maximum Entry Age	55 Years
Minimum Maturity Age	18 Years
Maximum Maturity Age	70 Years
Minimum Policy Term	15 Years
Maximum Policy Term	30 Years
Premium Paying Term	7, 10 & equal to policy term

Particulars	Description
Maturity Benefits	The Maturity Benefit is Guaranteed Maturity Benefit (GMB) plus Guaranteed Loyalty Additions (GLA) plus Vested Bonus(VB) plus Interim Bonus(IB), if any, plus Terminal Bonus (TB), if any. VB as declared, will be attached every policy year starting from your first policy year
Death Benefits	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 Sum Assured on Death plus Guaranteed Loyalty Additions plus Vested Bonus, if any Plus Interim Bonus, if any plus Terminal Bonus, if any, subject to Guaranteed Death Benefit of 105% of the total premiums paid till the date of death.

Section	Description
SEC 80 C	Tax deduction up to Rs. 1,50,000 of premiums can be claimed under Section 80C of the Income Tax Act, 1961 for premium payments made towards a term insurance policy.
SEC 10 (10)D	As per Section 10(10D) of the Income Tax Act, 1961, any amount received under a Life Insurance Policy, including bonus is exempt from tax.

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