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Key Feature Document: You Have Chosen Second Income Option Maturity Benefit: Death Benefit: Income Benefit
Key Feature Document: You Have Chosen Second Income Option Maturity Benefit: Death Benefit: Income Benefit
This document contains the highlights of the product Bajaj Allianz Life Assured Wealth Goal UIN: 116N170V10 and is subject to the terms and conditions as contained in the policy document. The
terms and conditions as contained in the policy document shall govern the contractual relationship and shall be binding. For details on any of the matters highlighted herein below, please refer to
policy document upon receipt of the same by you. The standard terms and conditions of the product is also available on the Company website (at www.bajajallianzlife.com)
Life Cover
Life cover of an individual will be throughout the policy term provided all due premiums have been paid.
Premium Payment
You will have an option to pay your premiums regularly or for a limited policy term.
Contact Us: Regd. Office Address: Bajaj Allianz life Insurance Co. ltd, Bajaj Allianz House, Airport Road, Yerwada, Pune - 411006., IRDAI Reg No.: 116, Visit us: www.baja-
jallianzlife.com, BALIC CIN : U66010PN2001PLC015959, Mail us : customercare@bajajallianz.co.in, Call on : Toll free no. 1800 209 7272, Fax No: 020-66026789,
Quotation No : 60034589035
Name of the Prospect/ Policyholder: ANIL KUMAR Name of the Product: Bajaj Allianz Life Assured
Age: 57 Wealth Goal
Gender: Male Tag Line: A Non-Linked Non-Participating Individual
Life Insurance Savings Plan
Name of the Life Assured: ANIL KUMAR
Unique Identification Number: 116N170V10
Age: 57
GST Rate(First Year): 4.50%
Gender: M
GST Rate(2nd Year onwards): 2.25%
Policy Term: 38 years
Premium Payment Term: 12 years
Deferment Period: 1 years
Amount of Installment Premium: 5,22,500
Mode of Payment of Premium: Annual
This benefit illustration is intended to show year-wise premiums payable and benefits under the policy.
Policy Details
Variant Second Income Instalment Income 6,81,250
Income Period 25 Total Income during the year 6,81,250
Sum Assured on Death (at
Income Payout Frequency Yearly inception of the Policy) (paid in 51,75,000
instalments*)
Choice of Income Payout date No
Premium Summary
Base Plan Riders Total Installment Premium
Installment Premium without GST 5,00,000 0 5,00,000
Installment Premium with First Year GST 5,22,500 0 5,22,500
including channel Premium
Installment Premium with GST 2nd year 5,11,250 0 5,11,250
Onwards
(Amount in Rupees )
Benefit Summary
Guaranteed Non Guaranteed
Policy Annualised Survival Maturity Death Benefit Guaranteed Surrender Value Special Surrender Value
Year Premium Benefits Benefit (GSV) (SSV)
1 5,00,000 0 0 51,75,000 0 0
2 5,00,000 0 0 51,75,000 3,00,000 3,79,851
3 5,00,000 0 0 51,75,000 5,25,000 6,25,681
4 5,00,000 0 0 51,75,000 10,00,000 9,16,286
5 5,00,000 0 0 51,75,000 12,50,000 12,58,266
6 5,00,000 0 0 51,75,000 15,00,000 16,59,148
7 5,00,000 0 0 51,75,000 17,50,000 21,27,506
8 5,00,000 0 0 51,75,000 20,40,000 26,73,130
9 5,00,000 0 0 51,75,000 23,40,000 33,07,231
10 5,00,000 0 0 52,50,000 27,00,000 40,42,658
11 5,00,000 0 0 57,75,000 30,25,000 48,94,181
12 5,00,000 0 0 63,00,000 33,60,000 58,78,808
O.X.X.A
Quotation No : 60034589035
Benefit Summary
Guaranteed Non Guaranteed
Policy Annualised Survival Maturity Death Benefit Guaranteed Surrender Value Special Surrender Value
Year Premium Benefits Benefit (GSV) (SSV)
13 0 0 0 64,76,438 34,80,000 64,76,438
14 0 6,81,250 0 64,57,720 28,58,750 64,57,720
15 0 6,81,250 0 64,38,594 22,37,500 64,38,594
16 0 6,81,250 0 64,19,033 16,76,250 64,19,033
17 0 6,81,250 0 63,99,019 10,55,000 63,99,019
18 0 6,81,250 0 63,78,496 4,33,750 63,78,496
19 0 6,81,250 0 63,57,413 0 63,57,413
20 0 6,81,250 0 63,35,718 0 63,35,718
21 0 6,81,250 0 63,13,361 0 63,13,361
22 0 6,81,250 0 63,00,000 0 62,90,331
23 0 6,81,250 0 63,00,000 0 62,66,624
24 0 6,81,250 0 63,00,000 0 62,42,301
25 0 6,81,250 0 63,00,000 0 62,17,429
26 0 6,81,250 0 63,00,000 0 61,92,151
27 0 6,81,250 0 63,00,000 0 61,66,650
28 0 6,81,250 0 63,00,000 0 61,41,159
29 0 6,81,250 0 63,00,000 0 61,15,978
30 0 6,81,250 0 63,00,000 0 60,91,476
31 0 6,81,250 0 63,00,000 0 60,68,096
32 0 6,81,250 0 63,00,000 0 60,46,380
33 0 6,81,250 0 63,00,000 0 60,26,982
34 0 6,81,250 0 63,00,000 0 60,10,701
35 0 6,81,250 0 63,00,000 0 59,98,502
36 0 6,81,250 0 63,00,000 0 59,91,591
37 0 6,81,250 0 63,00,000 0 59,91,465
38 0 6,81,250 60,00,000 63,00,000 0 0
Under Second Income va ria nt: The Dea th benefit will be pa id in ins ta lments over 5 yea rs .
Notes:
1. The ma in objec ve of this benefit illus tra on is tha t the policyholder is a ble to unders ta nd the fea tures of the product a nd the na ture of benefits under
different circums ta nces like s urviva l, ma turity, dea th, & s urrender.
2. The a bove informa tion mus t be rea d in conjunction with Sa les Litera ture & Policy document.
3. Annua lized premium excludes underwri ng extra premium, the premiums pa id towa rds the riders , if a ny a nd Goods a nd Service Ta x/ a nd a ny other a pplica ble
ta xes .
4. The policy will a cquire a s urrender va lue a ny me in ca s e of s ingle premium a nd on pa yment of a tlea s t 2 yea rs premiums otherwis e. The s urrender va lue
pa ya ble will be higher of the Gua ra nteed Surrender Va lue or Specia l Surrender Va lue. The dis pla yed Specia l Surrender Va lues a re not gua ra nteed a nd only
indica tive. Thes e ma y cha nge from time to time. The s urrender va lues a re illus tra ted a s s uming tha t a ll due premiums in a policy yea r a re pa id.
5. The Dea th benefit, Ma turity Benefit, Surrender benefit a s s hown in Benefit Summa ry a re pa ya ble a s s uming Ma turity/ Dea th / Surrender occur a t the end of the
yea r.
6. In ca s e of a ny conflict between this benefit illus tra tion a nd your policy document, the la tter s ha ll preva il.
7. The Gua ra nteed Income men oned in the benefit s umma ry is a n indica ve a mount ba s ed on the da te on which you a pplied for this policy. The exa ct income
will be a s per the da te of is s ua nce of your policy a nd is s pecified in the Policy document.
8. Ta x benefits under the policy will be a s per the preva iling Income Ta x la ws . We recommend tha t you s eek profes s iona l a dvice for a pplica bility of ta x benefit
on premiums pa id a nd benefits received.
9. For a ny further cla rifica tion, conta ct our s a les repres enta tive or e-ma il us on cus tomerca re@ba ja ja llia nz.co.in
I, , have explained the premiums and benefits under the policy fully I, ANIL KUMAR , having received the informa on with respect to the
to the prospect / policyholder. above, have understood the above statement before entering into
the contract.
Place:
Date: Signature of Agent/ Intermediary/ Official Date: Signature of Prospect / Policyholder
Bajaj Allianz Life Insurance Co. Ltd.
Bajaj Allianz House, Airport Road, Yerawada, Pune - 411006. Reg No.: 116.
Tel:(020) 66026777.
Email: customercare@bajajallianz.co.in Website: www.bajajallianzlife.com
O.X.X.A