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 Save Care Economy

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:

  1. Minimum Guaranteed Return up to 3.54% (depending on age at entry).
  2. The Minimum Guaranteed Amount (Sum Assured) would grow further by way of compounded annual bonuses.
  3. 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.
  4. Eligible for Tax Benefits under Section 88 and Section 10 (10 D) of the Income Tax Act. *
  5. At Maturity you will receive the Sum Assured (Minimum Guaranteed Amount) along with the accrued bonuses.
  6. 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.

 
Insurance is the subject matter of solicitation   |  Policy will be issued subject to the underwriting by Bajaj Allianz Life Insurance Co. Ltd. 
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