Product Proposal for securing your Life Goals

Bajaj Allianz Life

eTouch
A Non-Linked, Non-Participating, Individual Life Insurance Term Plan
UIN: 116N172V03

Hi Mr. KORIBILLI ,

Congratulations on taking the first step towards securing your Life Goals with Bajaj Allianz Life Insurance.

You have opted for Bajaj Allianz Life eTouch , a term plan, which provides:

Key Features

Shield for your Extra payout option in Option to get back your Premium Holiday Early Exit Tax Benefits
life to cover case of death total premiums paid as option option
Death & Terminal Illness due to accident Maturity benefit

The key features mentioned above are dependent upon variant chosen
 Here's your illustration of Bajaj Allianz Life eTouch (Life Shield Plus)
Premium Payment Term ^
(32 years)

Age 28 60

Life Insurance Cover throughout Policy Term

(32 years)

You Pay You Get

Premium Life Insurance Cover ₹ 2,00,00,000
Including discounts (if any) and excluding GST From age 28 to 60

First year ₹ 28,347 Yearly Payable as

Second year onwards ₹ 31,410 Yearly Lumpsum ₹ 2,00,00,000
Monthly Instalments ₹0
(for 60 months)

First Year Premium Discounts ( signifies Applicable | signifies Not-applicable )

Salaried Discount Insurance for All Discount

(5%) (5% discount for first time life insurance buyers)

Additional Coverages ( signifies Opted | signifies Not-opted )

Terminal Illness Benefit Accidental Death Benefit Premium Holiday Option

Sum Assured ₹2,00,00,000

Early Exit Option Waiver of Premium Benefit Return of Premiums on Maturity

During Premium Payment Term

2
^P r emiums ar e payable at the beginning o f year . P r o duc t featur es mentio ned abo ve ar e dependent o n benefit c ho s en.
P r emiums /Benefits ar e dependent o n the P o lic y ter ms , P r emium payment ter ms availed alo ng with o ther var iable fac to r s .
T he abo ve benefi ts /r etur ns s ho wn in the do c ument ar e fo r illus tr ative pur po s e o nly & mus t be r ead in c o njunc tio n with the Benefi t Illus tr atio n. Fo r mo r e details o n r is k
fac to r s , ter ms and c o nditio ns pleas e r ead s ales br o c hur e & po lic y do c ument (available o n www.bajajallianzlife.c o m) c ar efully befo r e c o nc luding a s ale.Tax benefi ts as per
pr evailing Inc o me tax laws s hall apply. P leas e c hec k with yo ur tax c o ns ultant fo r eligibility.
 Why Bajaj Allianz Life

Total Asset Under Net Worth Number of Lives

Managment (AUM) Covered

Individual Claim Get 1 day claim As against IRDAI

settlement Ratio Approval mandated 150%

*All figures as on 31 March 2023

For more details please refer to Company Factsheet
https://www.bajajallianzlife.com/content/dam/balic/pdf/financialinformation/Factsheet/none/Q1/Factsheet-FY-2022-2023.pdf

3
Bajaj A llianz L ife Insurance Co.L td., CIN : U66010P N 2001P L C015959 | IRDA I Reg.N o. 116 BEW ARE OF SPURIOUS PHONE CALLS AND FICTITIOUS /
Mail us: customercare@bajajallianz.co.in | Call on: T oll free no. 1800 209 7272 FRADULENT OFFERS -
Registered O ffice A ddress: Bajaj A llianz House, A irport Road, Yerawada, P une - 411006, IRDAI is not involved in activities like selling insurance policies,
Maharashtra announcing bonus or investment of premiums. Public
T he L ogo of Bajaj A llianz L ife Insurance Co. L td. is provided on the basis of license given receiving such phone calls are requested to lodge a police
by Bajaj Finserv L td.to use its "Bajaj" L ogo and A llianz SE to use its "A llianz" logo. complaint.
Quotation No : 60042701816

Bajaj Allianz Life eTouch

A Non-Linked, Non-Participating, Individual Life Insurance Term Plan

Name of the Prospect/ KORIBILLI CHANIKYA Name of the Product: Bajaj Allianz Life eTouch
Policyholder: SIMHADRI A Non-Linked, Non-Participating,
Tag Line:
Age (Years): 28 Individual Life Insurance Term Plan
Policyholder's Gender: Male Unique Identification Number: 116N172V03
Name of the Life Assured: KORIBILLI CHANIKYA GST Rate(First Year): 18.00%
SIMHADRI GST Rate(2nd Year onwards): 18.00%
Age (Years): 28 Tobacco User: Yes
Life Assured's Gender: Male Premium Category: Medical
Policy Term (Years): 32
Premium Payment Term 32
(Years):
Amount of Instalment 33,450
Premium (Rs.):
Mode of Payment of Yearly
Premium:

This benefit illustration is intended to show year-wise premiums payable and benefits under the policy.
Policy Details
Variant Life Shield Plus Sum Assured (Rs.) 2,00,00,000

Death Benefit Payment Option 100% Lump Sum Payout Sum Assured on Death (at 2,00,00,000
inception of the Policy) (Rs.)

Premium Holidays 0 Accidental Death Benefit Sum 50,00,000

Assured

Premium Summary
Base Plan Total installment Premium
Installment Premium without GST 31,410 31,410
Salary Rebate, If available 1,570 1,570
Insurance for All Discount, If available 1,492 1,492
Geographical Extra 0 0
Installment Premium without GST after 28,347 28,347
discounts, if applicable
Installment Premium with GST after 33,450 33,450
discounts, if applicable (First Year only)
Installment Premium with GST 2nd Year 37,063 37,063
Onwards

(Amount in Rupees )
Sum Assured on death will be payable as
Lump Sum Rs.2,00,00,000

O.X.X.X.S
Quotation No : 60042701816

Benefit Summary (Amount in Rupees)

Guaranteed Non Guaranteed

Policy Year Annualised Guaranteed

Premium Accidental Death Surrender Value
Survival Benefit Maturity Benefit Death Benefit Benefit (GSV)/ Early Exit Special Surrender Value (SSV)
Value

1 28,347 0 0 2,00,00,000 50,00,000 0 0

2 31,410 0 0 2,00,00,000 50,00,000 0 0

3 31,410 0 0 2,00,00,000 50,00,000 0 0

4 31,410 0 0 2,00,00,000 50,00,000 0 0

5 31,410 0 0 2,00,00,000 50,00,000 0 0

6 31,410 0 0 2,00,00,000 50,00,000 0 0

7 31,410 0 0 2,00,00,000 50,00,000 0 0

8 31,410 0 0 2,00,00,000 50,00,000 0 0

9 31,410 0 0 2,00,00,000 50,00,000 0 0

10 31,410 0 0 2,00,00,000 50,00,000 0 0

11 31,410 0 0 2,00,00,000 50,00,000 0 0

12 31,410 0 0 2,00,00,000 50,00,000 0 0

13 31,410 0 0 2,00,00,000 50,00,000 0 0

14 31,410 0 0 2,00,00,000 50,00,000 0 0

15 31,410 0 0 2,00,00,000 50,00,000 0 0

16 31,410 0 0 2,00,00,000 50,00,000 0 0

17 31,410 0 0 2,00,00,000 50,00,000 0 0

18 31,410 0 0 2,00,00,000 50,00,000 0 0

19 31,410 0 0 2,00,00,000 50,00,000 0 0

20 31,410 0 0 2,00,00,000 50,00,000 0 0

21 31,410 0 0 2,00,00,000 50,00,000 0 0

22 31,410 0 0 2,00,00,000 50,00,000 0 0

23 31,410 0 0 2,00,00,000 50,00,000 0 0

24 31,410 0 0 2,00,00,000 50,00,000 0 0

25 31,410 0 0 2,00,00,000 50,00,000 0 0

26 31,410 0 0 2,00,00,000 50,00,000 0 0

27 31,410 0 0 2,00,00,000 50,00,000 0 0

28 31,410 0 0 2,00,00,000 50,00,000 0 0

O.X.X.X.S
Quotation No : 60042701816

Benefit Summary (Amount in Rupees)

Guaranteed Non Guaranteed

Annualised Guaranteed
Policy Year Premium Accidental Death Surrender Value
Survival Benefit Maturity Benefit Death Benefit Benefit (GSV)/ Early Exit Special Surrender Value (SSV)
Value

29 31,410 0 0 2,00,00,000 50,00,000 0 0

30 31,410 0 0 2,00,00,000 50,00,000 0 0

31 31,410 0 0 2,00,00,000 50,00,000 0 0

32 31,410 0 0 2,00,00,000 50,00,000 0 0

Notes:
1 The main objec ve of this benefit illustra on is that the policyholder is able to understand the features of the product and the nature of
benefits under different circumstances like survival, death & surrender.
2. The a bove informa on mus t be rea d in conjunc on with Sa les Litera ture & Policy document. In ca s e of a ny conflict between this benefit illus tra on a nd your
policy document, the la tter s ha ll preva il.
3. The Dea th Benefit is pa ya ble on the ea rlier occurrence of dea th or dia gnos is of Termina l Illnes s of the Life As s ured. On dia gnos is of Termina l Illnes s ,
ma ximum benefit pa ya ble is Rs 2 crores
4. The Annua lis ed Premium is exclus ive of ta xes , underwriting extra premium a nd loa dings for moda l premiums if a ny
5. In ca s e the Life As s ured is dia gnos ed with Accidenta l Tota l Perma nent Dis a bility or Termina l Illnes s during the policy term, a ll future premiums s ha ll be
wa ived
6. The benefits illus tra ted a re a s of a t end of the yea r.
7. Ea rly Exit va lue s ha ll not be a va ila ble if Life Sta ge Upgra de Sum As s ured ha s been ta ken in the policy or Life Shield ROP va ria nt ha s been s elected
8. Premium Holida ys ca n be exercis ed a s per policy terms a nd conditions . Plea s e refer to the Sa les Litera ture or Policy Document for deta ils
9. 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.
10.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, charges and benefits under the I, KORIBILLICHANIKYASIMHADRI, having received the informa on
policy fully to the prospect / policyholder. with respect to the 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 - 411 006 Reg. No.: 116.
Tel:(020) 66026777.
Email: life@bajajallianz.co.in
www.bajajallianz.com

O.X.X.X.S