Bajaj Allianz Invest Plus Premier

Summary Info

Insurance Company Bajaj Allianz Life Insurance Company Ltd
Plan Name Bajaj Allianz Invest Plus Premier
Plan Nature TRADITIONAL
Plan Category Term Plan
UIN No. 116N093V01
About Plan At the inception of the policy, you can choose a sum assured of 10 time 15 times or 20 times of the annualized regular premium. For Your policy, the Company will maintain two accounts; an Accrued Maturity Value (AMV) account for regular premiums paid and an Additional Accrued Maturity Value (AAMV) account for any additional premiums paid. From the regular premium paid by you, Life Insurance Risk Premium for the Sum Assured chosen and Additional Rider Benefits premium, if any, will be deducted upfront and 95% of the resulting Net Premium shall be added to your AMV (as and when the regular premium is received by the Company). You can pay additional premium over and above the regular premium any time (except during last three years before maturity) which shall be added to your AAMV account, after multiplying the Additional Premium paid by you with the Additional Premium Factor.

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