Bajaj Allianz Income Assure

Guaranteed income for 144 days Lumpsum maturity benefits

Rest assured about your family’s welfare with guaranteed income

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Lumpsum maturity benefit paid after 144 months of monthly payout
Two options of “Income” and “Assure” – death benefit as monthly income or lumpsum
Flexibility of limited premium paying term
Tax benefit as per prevailing tax laws

As per underwriting norms, rates are defined which are individual customer specific. Insurance is underwritten by Bajaj Allianz Life Insurance Co. Ltd. All Rights Reserved. | IRDAI Reg. No. 116.

Commission Disclosure

Details of commission, which Bandhan Bank as a Corporate Agent is eligible to earn from sale of Insurance , are as follows:

Table I – Single Premium

Sl No	Category of Life Insurance Product or Policy	Maximum Commission on Single Premium
A	All individual life products except pure risk products	2%
B	Individual Pure Risk products	7.5%
C	Individual Immediate/ Deferred Annuity	2%
D	One year renewable group pure risk insurance	5% of premium paid during the year or Rs 10 lakhs whichever is less
E	Group Pure Risk (incl Group credit)	5%
F	Group Savings Variable Life Insurance	2%
G	Group Fund based	0.5% of premium paid during the year or Rs 10 lakhs whichever is less

Table II – Regular Premium

Sl No	Category of Life Insurance Product or Policy	Maximum Commission on Regular Premium
Sl No	Category of Life Insurance Product or Policy	First year Premiums	Renewal Premiums
A	Individual Pure Risk	40%	10%
B	Individual Other than Pure Risk
i)	In respect of policies with premium payment terms of
	5 years	15%	7.5%
	6 years	18%	7.5%
	7 years	21%	7.5%
	8 years	24%	7.5%
	9 years	27%	7.5%
	10 years	30%	7.5%
	11 years	33%	7.5%
	12 years and more	35%	7.5%
C	Individual Deferred Annuity / Pension	7.5%	2%
D	Group Pure Risk (incl Group credit) and Group Savings Variable Life	7.5% (only on pure risk premium)	7.5%

Entry age
- Minimum – 0 year
- Maximum age is 50 years
  Risk cover will commence immediately on date of commencement of risk of the policy and, in the case of a minor life, policy will vest on the life assured on the earlier of attainment of majority, (i.e., 18 years age last birthday) or on maturity date

Premium amount

Variants	Premium (in ₹)
Income	21,965 per annum/1,977 monthly
Assure	22,058 per annum / 1,985 monthly
Premium for female life will be based on the premium rate of 3 years younger male