Bajaj Allianz Future Secure II

Summary Info

Insurance Company Bajaj Allianz Life Insurance Company Ltd
Plan Name Bajaj Allianz Future Secure II
Plan Nature ULIP
Plan Category Retirement Plan
UIN No. 116L091V01
About Plan The plan works in two parts - the iniial build-up phase, which is the policy term and the income period also called the annuity period. In the first phase, you build up a corpus or fund. Later this fund is used tobuy immediate annuity, also known as your pension. Premium paid by you, net of the premium allocation charge, if any, are invested in fund(s) of your choice and units are allocated depending on the unit price of the fund(s). The fund value of your policy is the total value of units that you hold in the fund(s). The insurance cover charges, if any, policy administration charges and the additional r benefit charges (if any) are deducted through monthly cancellation of units. Fund Management Charge is priced in the unit value.

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