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Bajaj Allianz Life Future Wealth Gain - Eligibility

Wealth Plus:

 

Parameter

Details

Minimum Age at Entry

0 years

 

Maximum Age at Entry

60 years, If more than one rider is chosen under the policy, the maximum age at entry shall be restricted to 50 years.

Minimum Age at Maturity

18 years

Maximum Age at Maturity

75 years

Policy Term

Policy Term (in yrs)

10

15 to 25

Premium Payment Term (in yrs)

5, 7, 10

5, 7, 10. 15

 

Premium Payment Frequency

Yearly, Half Yearly, Quarterly & Monthly

Premium

Minimum

 

Annual Premium

Rs. 50,000

Half Yearly Premium

Rs. 30,000

Quarterly Premium

Rs. 15,000

Monthly Premium

Rs. 5,000

 

Maximum

As per Board approved underwriting policy

Minimum Top up premium is Rs. 5,000

Minimum Sum Assured

10 times Annualized Premium

Maximum Sum Assured

 

Age

Multiplier

0 – 25 years

40

26 – 35 years

30

36 – 40 years

20

41 – 44 years

15

45 years & Above

10

 

Minimum/Maximum Top up Sum Assured

125% of Top up premium

 

 

Wealth Plus:

 

Parameter

Details

Minimum Age at Entry

18 years

 

Maximum Age at Entry

53 years, for Policy Term / Premium Payment Term Combination of 10 / 5 years

55 years for all other combinations

If more than one rider is chosen under the policy, the maximum age at entry shall be restricted to 50 years.

Minimum Age at Maturity

28 years

Maximum Age at Maturity

70 years

Policy Term

Policy Term (in yrs)

10

15 to 25

Premium Payment Term (in yrs)

5, 7, 10

5, 7, 10. 15

 

Premium Payment Frequency

Yearly, Half Yearly, Quarterly & Monthly

Premium

Minimum

 

Annual Premium

Rs. 50,000

Half Yearly Premium

Rs. 30,000

Quarterly Premium

Rs. 15,000

Monthly Premium

Rs. 5,000

 

Maximum

As per Board approved underwriting policy

Minimum Top up premium is Rs. 5,000

Minimum Sum Assured

10 times Annualized Premium

Maximum Sum Assured

 

10 times Annualized Premium

Subject to a maximum sum assured of ` 1 Crore including Top-up sum assured

Minimum/Maximum Top up Sum Assured

125% of Top up premium