A Non-linked, Non-Participating, Individual, Life Insurance Savings Plan.

Key Features: 

• Guaranteed¹ regular income for up to 30 years
• Option to get back all your premiums³ paid on maturity
• Decide your income start year

Survival Benefit : Income Instalments are paid during the chosen income period (post the end of

deferment period), as per chosen Income Instalment frequency. Each Income Instalment is equal to

the Base Income Plus Accrued Income Boosters.

Base Income is equal to the Base Income% multiplied by the Total Premiums⁵ Paid.

Income Booster (IB) will accrue at the end of each policy year starting from the end of 2^nd policy

year till the end of the Deferment Period, provided the Policy is in-force and all premiums have been

paid. The IB is available in the policy provided at least two full policy years’ premiums are paid. The

Income Booster (s) accrued till the end of the Deferment Period are paid to the Policyholder as a

part of every Income Instalment.

The Income Booster applicable at the end of each policy year is calculated as a percentage of Total Premiums⁵ Paid till date.

The Base Income and Income Booster factor varies basis age band, Premium Payment Term, Deferment Period, Income Period and Sum Assured Multiple chosen by the Policyholder at inception of the Policy. The Base Income and Income Booster factors are available on the Bajaj Allianz Life’s website.

¹Conditions Apply -The Guaranteed benefits are dependent on policy term, premium payment term availed along with other variable factors. For more details, please refer to sales brochure. | ³The Return of Premium is the total premiums paid means total of all the premiums paid under the policy, excluding any extra premium and taxes, if collected explicitly. | ⁵Total Premiums Paid means total of all the premiums paid under the policy, excluding any extra premium and taxes, if collected explicitly.

Maturity Benefit: The maturity benefit (if selected with ROP³ option) is payable at the end of the

Policy term along with the last Income Instalment and is equal to the Return of Premium³ (ROP i.e.

Total Premiums⁵ Paid). If ROP³ has not been chosen, no Maturity Benefit shall be payable.

Death Benefit: In case of Your unfortunate demise during the Policy Term, nominee(s) shall receive

the Sum Assured on Death i.e. Annualized Premium⁴ X Sum Assured Multiple (chosen by the Life

Assured at inception of the Policy), as a lumpsum benefit.

At no time the total Death Benefit will be less than Guaranteed¹ Death Benefit of 105% of the Total

Premiums Paid⁵ up to the date of death or the Surrender Value available then, whichever is higher.

¹Conditions Apply -The Guaranteed benefits are dependent on policy term, premium payment term availed along with other variable factors. For more details, please refer to sales brochure.

³The Return of Premium is the total premiums paid means total of all the premiums paid under the policy, excluding any extra premium and taxes, if collected explicitly.

⁴Annualized Premium shall be the premium amount payable in a year excluding taxes, rider premiums, underwriting extra premiums and loadings for modal premiums.

⁵Total Premiums Paid means total of all the premiums paid under the policy, excluding any extra premium and taxes, if collected explicitly.