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Term Insurance : Bajaj Allianz Life - New Risk Care


Coverage (Features): 1. A non-participating traditional Term Assurance plan
2. Higher insurance coverage at Low premium
3. Regular/Single Premium

General Exclusions: No benefit will be paid if the death of the sum insured is caused directly or indirectly by actual or attempted suicide within one year from the commencement of the policy


Details of Bajaj Allianz Life - New Risk Care
Grace Period: 30
Premium Cost: 11609
Premium Frequency: ANNUALLY, SEMI_ANNUALLY, QUARTERLY, MONTHLY, SINGLE
Max Age at maturity: 65
Pre-mandatory Medicals: Data not available
Cost of Health Checkup: Data not available
Conversion Option: NO
Number of Riders Covered: 4
Critical Illness/ Dread Disease Yes-
Accidental Death Yes-
Accidental death benefit and total and permanent / Partial disability benefit rider Yes -
Hospital cash Yes -
Surrender Value: NO
Revival of Lapse Policy: Within two years from first unpaid premium by paying all due regular premiums along with interest compounding half-yearly at such rate as the Company may decide from time to time
Income Tax benefit: Premium paid towards this policy will be eligible for tax benefit under Section 80 C under Income Tax Act
Clauses for Cancellation: Data not available


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