Invest Assure

Plan that keeps future safe without ifs and buts

Bajaj Allianz

Invest Assure A Non-linked Endowment Plan

Assuring protection with financial benefits!

It takes only a moment to make promises and a lifetime to keep them. When you promise to see your family through thick and thin, you need to make sure that you have planned for all the eventualities that may befall on them. You need to be prepared that even if there ever is an instance that you are not there with them, you have saved enough to see them through their entire life. We understand this need and have developed Bajaj Allianz Invest Assure - A participating limited pay endowment plan that assures you protection for your family by providing financial benefits.

Invest AssureKey Advantages

Bajaj Allianz Invest Assure is a non linked, participating, individual, limited premium, endowment plan. The key advantages of this

plan are:

• Optiontochoose1.25timesor2timesofSumAssuredaslifecover

• Compoundreversionarybonusandterminalbonus

• Limitedpremiumpaymentterm

• Optiontotakepolicybenefitinmonthlyinstallments

• Morevalueformoneywithhighsumassuredrebate

How does your plan work?

You can customize your policy to suit your requirement in the following manner:

Step 1: ChooseyourPlanVariant–GoldorSilver

Step 2: ChooseyourSumAssured

Step 3: ChooseyourPolicyTerm(PT)

Step 4: ChooseyourPremiumPaymentTerm(PPT)fromavailableoptions

Benefits payable

• MaturityOnthematuritydate,ifallpremiumsarepaid,theSumAssuredplusvestedbonusandterminalbonus,ifany,underyourpolicy,will

be paid and the policy will terminate

• DeathIfallduepremiumsarepaid,then,incaseofunfortunatedeathofthelifeassuredduringthepolicyterm,theSumAssuredonDeath

plus vested bonus, if any plus terminal bonus, if any, will be payable.

TheSumAssuredonDeathisthehigherof:

• 10timesofannualisedpremium*forageatentrylessthan45yearsor7timesannualisedpremium*forageatentry

45yearsandaboveOR

• 105%oftotalpremium*paidtilldateofdeathOR

• 1.25timesor2timesofSumAssured

* Annualized Premium and total premium is exclusive of extra premium and service tax and cess, if any

Invest Assure

Sample Illustration

Rameshaged27yearshastakenaBajajAllianzInvestAssurepolicyandhasoptedtheGoldvariantforapolicytermof23yearsand

premiumpayingtermof13years(byselectingaPPTof‘PTminus10’,i.e.,23-10=13).TheSumAssuredchosenbyhimis`5,00,000

for which he is paying an annual premium of `28,790afterahighsumassuredrebateof`4,000.

The maturity benefits received by Ramesh will be as follows:

In case of unfortunate death at age 35 years, the nominee will receive `10,85,830

The premiums mentioned above are exclusive of any extra premium loading and/or service tax & cess.

For female lives 3 year age set back is applicable in premium calculation. For substandard and smokers extra premium shall be

charged as per board approved underwriting norms

Vested bonus (CRB) mentioned above are not guaranteed and will be based on actual experience.

Sum Assured plusCRB plus Terminal

bonus on Maturity i.e7,88,450`

2 times of theSum Assured plusCRB on Death i.e.

10,85,830`

Invest AssureFeatures

Loan

Youcanavailloanunderyourpolicy,providedyourpolicyhasacquiredasurrendervalue.Theloanamountshallbeupto90%ofthe

surrender value of your policy.

High Sum Assured Rebate

The plan offers an attractive premium discount, where you can have a discount of `10ontheannualpremiumforeachcomplete

additional `1,000SumAssuredpurchasedoverandabovetheminimumSumAssuredof`1,00,000.

Example:Rameshaged27yearshastakenaBajajAllianzInvestAssurepolicywiththeGoldvariant,SumAssuredof500,000,policy

termof23yearsandpremiumpayingtermof13years.Hisannualpremiumofbeforehighsumassuredrebatewillbe`32,790.But,

after high sum assured rebate, it is `28,790.

Alteration Premium Paying Frequency

You will have the option to change the prevailing premium payment mode under the policy at any time, provided the prevailing

and the requested frequencies can be aligned, subject to the availability of the mode and minimum modal premium criteria. The

frequency factors are:

Premium frequency Monthly Quarterly Half yearly Yearly

Frequency Factor (freq) 0.09 0.26 0.51 1.00

Option to take Policy Benefits in monthly installments

You or your nominee will have the option to take the maturity benefit or death benefit in equal monthly installments over a period of

5or10yearsfromthedateofmaturityorthedateofintimationofdeath.Thesameneedstobeinformedpriortothedateofmaturity

or in writing at the time of filing the death claim form.

Each monthly installment will be an amount equivalent to:

• For5years:1.04*maturity/deathbenefitdividedby60

• For10years:1.08*maturity/deathbenefitdividedby120

AfterapprovalfromIRDA,thesefactorsof1.04&1.08(asmentionedabove)canberevisedinthefuture,subjecttoIRDAapproval.

The policyholder or the nominee will have the option at any time to discontinue receiving the monthly installment during the

installmentperiod.Onreceivingtherequest,thepolicyholderornomineewillbeeligibleforanamountequaltothematurityordeath

Invest Assurebenefit(asapplicable)lessthetotalamountofinstallmentsalreadypaidasonthedateofrequest.

Tax Benefits

Premiumpaidareeligiblefortaxbenefitsundersection80CoftheIncomeTaxActandmaturitybenefit,deathbenefitandsurrender

benefitareeligiblefortaxbenefitsunderSection10(10)DoftheIncomeTaxAct,subjecttotheprovisionstatedtherein.

Surrender

• Youwillhavetheoptiontosurrenderyourpolicyprovided

• atleast2years’premiumhavebeenpaid,forPPTslessthan10yearsor

• atleast3years’premiumhavebeenpaid,forPPTsof10yearsandabove

• ThesurrendervalueshallbehigheroftheGuaranteedSurrenderValue(GSV)andtheSpecialSurrenderValue(SSV)

• TheGSVwillbesumofproportionofpremiumspaidlessextrapremiumspaid,ifany&servicetaxpluscessplussurrender

value of any vested bonus. The proportion of the premiums paid is as given in the table below

Policy Surrender Year 2 & 3 4 to 10 11 to 15 16 & above

Proportion of the premiums paid till date 30% 50% 55% 60%

• TheSSVfactorsarenotguaranteedandmaychangefromtimetotimesubjecttotheapprovalofIRDA

• Thepolicywillterminateonthedateofsurrender

Example:Rameshaged27yearshastakenaBajajAllianzInvestAssurepolicywiththeGoldvariant,SumAssuredof500,000,policy

termof23yearsandpremiumpayingtermof13yearsforanannualpremiumof`28,790. Attheendof5thyear,hewantsto

surrender his policy.

Then,Paid-upsumassured=192,308,VestedBonus=41,216(say),Paid-upvalue=192,308+41,216=233,524

GSV=71,975(50%oftotalpremiumspaid)+972[0.022491(GSVFactor)onVestedBonus]=`72,902

Outstandingterm=18years,Specialsurrenderfactor=0.413442,thenSSV=0.471187*233,524=`96,549

Surrendervaluepayable=`96,549

Vestedbonus(CRB)mentionedabovearenotguaranteedandwillbebasedonactualexperience.

Early Termination Value

TheEarlyTerminationValuewillbeavailableforyourpolicy,ifatleastonefullyear’spremiumshavebeenandtwelvemonthshave

beencompletedbutthreefullyears’(forpremiumpayingterm10andabove)ortwofullyears’(forpremiumpayingtermlessthan

10years)premiumshavenotbeenpaid.

Invest AssureIn case of early termination by the policyholder or non-payment of due premium during this period, the following Early Termination

Valuewillbepaid:

Number of Full Years’ Premiums paid Early Termination Value as a Percentage of the premiums paid till date

1 11%

2 15%

Where premiums taken are excluding any extra premium and/or any service tax & cess on premium

This early termination value will be paid on request for termination of the policy by policyholder, death or end of the revival period,

whichever happens earlier.

Product Terms and Conditions

What happens if you are unable to pay your premiums?

• Ifyouhavenotpaid

• First2years’premium,forPPTslessthan10years,or

• First3years’premiums,forPPTsof10years&above,

then, your policy will immediately lapse at the expiry of the grace period

• Ifyouhavepaid

• First2years’premium,forPPTslessthan10years,andsubsequentpremiumshavenotbeenpaidOR

• First3years’premiums,forPPTsof10yearsandabove,andsubsequentpremiumshavenotbeenpaid,

1. Yourpolicywillbeconvertedtoapaid-uppolicywithaReducedSumAssured

2. Thevestedbonusesasonthepaid-updateshallremainattachedtothepolicy.Apaid-uppolicywillnotaccrueany

further bonus

3. Thedeathbenefitwillbethe1.25timesor2timesoftheReducedSumAssuredfortheSilverVariantortheGold

variant respectively

• Youmayreviveyourpaid-uppolicyduringtherevivalperiodof2yearsfromtheduedateoffirstunpaidpremium,subjectto

the revival conditions under the plan

Invest AssureEligibility Condition

Parameter Details

Minimum Entry Age Silver Variant – 0 year, Gold Variant – 18 years

Maximum Entry Age 50 years

Minimum Age at Maturity 18 years

Maximum Age at Maturity Silver Variant – 70 years, Gold Variant – 65 years

Minimum Policy Term Silver Variant - 17 years, Gold Variant – 15 years

Maximum Policy Term 40 years

Premium Paying Term Premium Paying Terms (PPT) allowed are as below

Silver Variant

PT (Years) 17 to 19 20 to 24 25 to 40

PPT (Years) 7 & PolicyTerm minus 10

7, 10 & PolicyTerm minus 10

7, 10, 15 & PolicyTerm minus 10

Gold Variant

PT (Years) 15 to 19 20 to 24 25 to 40

PPT (Years) 5,7 & PolicyTerm minus 10

5,7,10 & PolicyTerm minus 10

5,7,10,15 & PolicyTerm minus 10

Example – In Gold variant for a PT of 23 years the available PPT options are 5, 7, 10 & 13 years

Please refer Annexure I for all possible premium payment terms

Maximum Premium Paying Term 30 years

Minimum Premium Mode Yearly Half-Yearly Quarterly Monthly*

Premium ` 5,000 3,000 2,000 800

Maximum Premium No Limit

Minimum Sum Assured ` 100,000

Maximum Sum Assured No Limit

Premium Payment Frequency Yearly, Half yearly, Quarterly and Monthly* *Monthly premium payment frequency will be available under salary deduc-tion scheme & ECS. It will not be available at the inception of your policy.

Revival Ifyourpolicyislapsed/paid-upduetonon-paymentofpremium,youmayrevivethepolicysubjecttothefollowingconditions:

a) Theapplicationforrevivalismadewithintwo(2)yearsfromthedateofthefirstunpaidpremium;

b) AlltheduepremiumstogetherwithinterestatsuchrateastheCompanymaydecidefromtimetotimeispaid.

c) Satisfactoryevidenceofyourgoodhealth,atyourexpense,issubmitted;

Invest Assured) Therevivalofthepolicymaybeontermsdifferentfromthoseapplicabletothepolicybeforeitlapsed/becamepaid-up,based

onprevailingBoardapprovedunderwritingnorms;

e) TherevivalwilltakeeffectonlyonitbeingspecificallycommunicatedbytheCompanytothepolicyholder;

f) TheCompanymayrefusetorevivethepolicy,basedontheBoardapprovedunderwritingguidelines.

ForeclosureIf you have taken loan and the outstanding loan plus the loan interest, in a paid-up policy, become equal to the surrender value

available under the policy, then, your policy shall be foreclosed after a sending a notice to you, and no further benefits under the policy

will be payable.

Termination

This policy shall automatically and immediately terminate on the earlier occurrence of either of the following events:

a) Onpaymentofearlyterminationvalue

b) Onfullsurrenderofthepolicyonreceiptofvaliddocumentsforthesame.

c) Attheendoftherevivalperiod,ifpremiumshavenotbeenpaidduringthefirsttwopolicyyearsforPPTlessthan10yearsor

threepolicyyearsforPPT10yearsandabove.

d) Onthedateofintimationofdeathofthelifeassured.

e) Ondateofforeclosureofthepolicy,ifoutstandingloanplusinterestunderapaid-uppolicyexceedsthesurrenderbenefit.

f) Onthematuritydate.

Grace Period

Ifyouhave failed tomakepaymentof thepremiumby theduedatespecified,youwillbeallowedagraceperiodof30days for

premiumpaymentfrequenciesotherthanmonthlyand15daysformonthlyfrequencytopaytheduepremium.

If the death of the life assured occurs during the grace period, the death benefit shall be payable under the policy as if the policy was

inforceforfullSumAssuredafterdeductionoftheoutstandingpremiumsdueunderyourpolicyasonthatdate.

Definitions

1. Sum Assured: This is the amount you need to choose at inception of the policy to decide the death benefit, maturity benefit

and the surrender benefit under your policy.

2. Reduced Sum Assured:Thisisapplicablewhenyoudiscontinuethepaymentofpremiumunderyourpolicyafterpaying2

yearspremiumforPPTslessthan10or3years’premiumsforPPTsof10andaboveinfull.Thisamountisarrivedat,asondue

Invest Assuredateoffirstunpaidpremium,bymultiplyingtheprevailingSumAssuredwiththeratioofthenumberofpremiumspaidtothe

number of premiums payable under the policy.

3. Bonus: TheCompanywillcarryoutannualvaluation(asperthecurrentIRDAregulation)attheendofeachfinancialyearand

may declare following bonuses for the policies where all the due premiums have been paid.

a. Compound Reversionary Bonus: This is a regular bonus expressed as a percentage and is applied to the sum assured

and the compound reversionary bonus amount already attached to your policy. The compound reversionary bonus,

once declared, shall vest in the policy immediately, provided all due premiums till date have been paid and shall be

payable as part of the death benefit or maturity benefit at the end of the policy term

b. Interim Bonus: TheCompanymaypayinterimbonusaswellforthepolicies,whereanypremiumhasbeenpaidafter

thelastvaluationdateandthedeathbenefitorsurvivalbenefit(attheendofPPT)becomespayablebeforethenext

valuation date.

c. Terminal Bonus: Ifyourpolicyhascompleted10yearsormoreandallduepremiumshavebeenpaid,theCompany

may pay a terminal bonus as well on the termination of the policy due to death or maturity.

Free Look Period

Within 15days [thirty (30) days in case this policy is issuedunder theprovisions of IRDAGuidelines onDistanceMarketing* of

InsuranceProducts]ofthereceiptofthispolicy,youwillhavetheoptiontoreviewthetermsandconditionsofthepolicyandifyou

disagreetoanyoftheterms&conditions,youwillhaveanoptiontoreturnthepolicystatingthereasonsforyourobjections.Youshall

beentitledtoarefundcomprisingtheallpremiums(excludingapplicabletaxes)paid,lesstheproportionateamountofriskpremium

&additionalriderbenefitpremium,ifany,fortheperiodthelifeassuredwasoncoverandtheexpensesincurredbytheCompanyon

medical examination and stamp duty charges.

*DistanceMarketingincludeseveryactivityofsolicitation(includingleadgeneration)andsaleofinsuranceproductsthroughmodes

other than in person.

Exclusions

Ifthelifeassuredcommitssuicide,whethersaneorinsane,theCompany’sliabilityshallbelimitedtotheextentof

• ifthedateofdeathis1yearfromthedateofcommencementofrisk,80%ofthepremiumpaid;

• ifthedateofdeathis1yearfromthedateofthelatestrevival,80%ofthepremiumpaidorthesurrendervalueasonthedate

of intimation of death, whichever is higher

The validity of the contract of insurance will be determined in accordance with the actual date of death of the life assured and not the

date of intimation of death.

Invest AssureNomination and Assignment

If you effect a policy on your own life, you need to nominate a person to receive the death benefit under the policy in the event of

deathofthelifeassured.ThisnominationshallbeinaccordancewithSection39oftheInsuranceAct,1938.

YouwillalsohaverighttoassignyourpolicyinaccordancewithSection38oftheInsuranceAct,1938.

Statutory Information

Prohibition of Rebate: Section 41 of the Insurance Act, 1938 states

No person shall allow or offer to allow, either directly or indirectly, as an inducement to any person to take out or renew or continue

an insurance in respect of any kind of risk relating to lives or property in India, any rebate of the whole or part of the commission

payable or any rebate of the premium shown on the policy, nor shall any person taking out or renewing or continuing a policy accept

any rebate, except such rebate as may be allowed in accordance with the published prospectuses or tables of the insurer.

Any person making default in complying with the provision of this section shall be punishable with a fine that may extend to five

hundred rupees.

Section 45 of the Insurance Act, 1938

NoPolicyoflifeinsuranceeffectedafterthecomingintoforceofthisActshall,aftertheexpiryoftwoyearsfromthedateonwhichit

was effected, be called in question by an insurer on the ground that a statement made in the proposal for insurance or in any report

of a medical officer, or referee, or friend of the insured, or in any other document leading to the issue of the policy, was inaccurate

or false, unless the insurer shows that such statement was on a material matter or suppressed facts which it was material to disclose

and that it was fraudulently made by the policy-holder and that the policy holder knew at the time of making it that the statement

was false or that it suppressed facts which it was material to disclose.

Why Bajaj Allianz Life Insurance?

BajajAllianzisajointventurebetweenBajajFinservLimitedandAllianzSE.Bothenjoyareputationofexpertise,stabilityandstrength.

ThisjointventureCompanyincorporatesglobalexpertisewithlocalexperience.Thecomprehensive,innovativesolutionscombinethe

technicalexpertiseandexperienceofAllianzSE,andin-depthmarketknowledgeandgoodwillof“Bajaj”brandinIndia.Competitive

pricingandquickhonestresponsehaveearnedtheCompanythecustomer’strustandmarketleadershipinaveryshorttime.

Invest AssureDisclaimer

This sales literature gives the salient features of the plan only. The policy document is the conclusive evident of contract and

provides in details all the conditions and exclusions related to Bajaj Allianz Invest Assure

Annexure I

Policy Term (in Years) Available Premium Paying Term (In Years)

Silver Variant Gold variant

15 NA 5, 7

16 NA 5, 6, 7

17 7 5, 7

18 7,8 5, 7,8

19 7, 9 5, 7, 9

20 7, 10 5, 7, 10

21 7, 10, 11 5, 7, 10, 11

22 7, 10, 12 5, 7, 10, 12

23 7, 10, 13 5, 7, 10, 13

24 7, 10, 14 5, 7, 10, 14

25 7, 10, 15 5, 7, 10, 15

26 7, 10, 15, 16 5, 7, 10, 15, 16

27 7, 10, 15, 17 5, 7, 10, 15, 17

28 7, 10, 15, 18 5, 7, 10, 15, 18

29 7, 10, 15, 19 5, 7, 10, 15, 19

30 7, 10, 15, 20 5, 7, 10, 15, 20

31 7, 10, 15, 21 5, 7, 10, 15, 21

32 7, 10, 15, 22 5, 7, 10, 15, 22

33 7, 10, 15, 23 5, 7, 10, 15, 23

34 7, 10, 15, 24 5, 7, 10, 15, 24

35 7, 10, 15, 25 5, 7, 10, 15, 25

36 7, 10, 15, 26 5, 7, 10, 15, 26

37 7, 10, 15, 27 5, 7, 10, 15, 27

38 7, 10, 15, 28 5, 7, 10, 15, 28

39 7, 10, 15, 29 5, 7, 10, 15, 29

40 7, 10, 15, 30 5, 7, 10, 15, 30

Invest AssureContactDetailsBajajAllianzLifeInsuranceCompanyLimited,G.E.Plaza,AirportRoad,Yerawada,Pune-411006.Tel:(020)66026777.Fax:(020)66026789.www.bajajallianz.com

Foranyqueriespleasecontact:Call AnyMobile&Landline

1800 209 5858 020 30587888

Email: life@bajajallianz.co.in Chat: bajajallianzlife.co.in/chat

ForMoreInformation:Kindlyconsultour“InsuranceConsultant”orcallustodayontheTOLLFREEnumbersmentionedabove.ThisbrochureshouldbereadinconjunctionwiththeBenefitIllustrationandPolicyExclusions.Pleaseaskforthesamealongwiththequotation.

Bajaj Allianz Invest Assure (UIN : 116N121V01)

BajajAllianzInvestAssureisaTraditionalLifeInsurancePlan.

Insurance is the subject matter of the solicitation. BJAZ-PB-0387/21-Jan-14