As the breadwinner of the family you shoulder
several responsibilities. Your spouse's
welfare, your children's education, buying
a house or a car - you have a lot to think
about, everyday. We, at Bajaj Allianz, believe
that the security and growth of your hard
earned money should not add to these.
Which is why we have created the Bajaj
Allianz Save Care Economy -Single Premium
-the 10-year Single Premium version
of our popular product "Save Care Economy".
It is an ideal plan for a one-time lump
sum investment that provides for savings
with high risk-cover.
What does Bajaj
Allianz Save Care Economy - SP offer
you?
The "Bajaj Allianz Save Care Economy
- SP", is a Single Premium investment
plan for 10 years that also participates
in the profits of the company. The highlights
of this plan are:
- Minimum Guaranteed Return up to 3.54%
(depending on age at entry).
- The Minimum Guaranteed Amount (Sum Assured)
would grow further by way of compounded
annual bonuses.
- A high risk-cover of up to 142% (depending
on age at entry) of the sum invested from
the beginning of the policy term as a
financial safety net to provide for unpredictable
adversities.
- Eligible for Tax Benefits under Section
88 and Section 10 (10 D) of the Income
Tax Act. *
- At Maturity you will receive the Sum
Assured (Minimum Guaranteed Amount) along
with the accrued bonuses.
- Death Benefit: In case of death during
the term of the plan, the nominee will
be paid the Sum Assured (Minimum Guaranteed
Amount) plus accrued bonuses. In case
of death of a minor (below age 7), the
death benefit will be the surrender value
or Single Premium whichever is higher.
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