Bajaj Allianz Life Insurance Company Limited

Insurance is the subject matter of the solicitation.

For any queries please contact the numbers mentioned below:

Contact DetailsBajaj Allianz Life Insurance Company Limited, G.E. Plaza, Airport Road, Yerawada, Pune - 411 006.Tel: (020) 6602 6777. Fax: (020) 6602 6789.

SMS LIFE

For More Information:

Why Bajaj Allianz Life Insurance?

Kindly consult our “Insurance Consultant” or call us today on the TOLL FREE numbers mentioned above. This brochure should be read in conjunction with the Benefit Illustration and Policy Exclusions. Please ask for the same along with the quotation

Bajaj Allianz Life Insurance Company Limited is a union between Allianz SE, the world's leading insurer and Bajaj Finserv, one of India's most respected names. Allianz SE is a leading insurance conglomerate globally and one of the largest asset managers in the world, managing assets worth over a Trillion Euros (over Rs. 55,00,000 crores). At Bajaj Allianz, we realize that you seek an insurer you can trust your hard earned money with. Allianz SE has more than 110 years of financial experience in over 70 countries and Bajaj Finserv as part of Bajaj Auto, trusted for over 55 years in the Indian market, are committed to offering you financial solutions that provide all the security you need for your family and yourself. At Bajaj Allianz, customer delight is our guiding principle. Ensuring world class solutions by offering you customized products with transparent benefits supported by the best technology is our business philosophy.

LifeIndividual

Bajaj Allianz Assured Gain (UIN) : 116L092V01

Assured GainBajaj Allianz Assured Gain

BJAZ

-B-0

166/

1-Fe

b-10

Units is subject to the following, amongst other risks and should fully understand the same before entering into any unit linked insurance contract with the Company.+Unit Linked Life Insurance products are different from the traditional

insurance products and are subject to the risk factors.+The premium paid in unit linked life insurance policies are subject to

investment risks associated with capital markets and the Unit Price of the units may go up or down based on the performance of the fund a n d f a c t o r s i n f l u e n c i n g t h e c a p i t a l m a r k e t a n d t h e insured/policyholder is responsible for his/her decisions.

+Bajaj Allianz Life Insurance is only the name of the insurance company and Bajaj Allianz Assured Gain is only the name of the plan and does not in any way indicate the quality of the policy, its future prospects or returns.

+Please know the associated risks and the applicable charges from your policy document.

+Investor Selectable Portfolio Strategy & Wheel of life Portfolio Strategy and Equity Index Fund II, Accelerator Mid-Cap Fund II, Equity Growth Fund II, Pure Stock Fund, Asset Allocation Fund, Bond Fund & Liquid Fund are the names of the Portfolio Strategies/funds offered currently with Bajaj Allianz Assured Gain, and in any manner does not indicate the quality of the respective Portfolio Strategies/funds, their future prospects or returns.

+The investments in the Units are subject to market and other risks and there can be no assurance that the objectivities of any of the funds will be achieved.

+The Equity Growth Fund II, Equity Index Fund II, Accelerator Mid-Cap Fund II, Pure Stock Fund, Asset Allocation Fund, Bond Fund and Liquid fund do not offer any guaranteed or assured return.

+All benefits payable under the Policy are subject to the tax laws and other financial enactments, as they exist from time to time.

+The past performance of the funds of the company is not necessarily an indication of the future performance of any of these funds.

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

No Policy of life insurance effected after the coming into force of this Act shall, after the expiry of two years from the date on which it 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.

Bajaj Allianz Assured Gain is Unit Linked Insurance Plan (ULIP). Investment in ULIPs is subject to risks associated with the capital markets. The policyholder is solely responsible for his/her decisions while investing in ULIPs. Bajaj Allianz Life Insurance and Bajaj Allianz Assured Gain are the names of the company and the product respectively and do not in any way indicate the quality of the product and its future prospects or returns. All Charges applicable shall be levied. The policy document is the conclusive evidence of contract and provides in details all the conditions and exclusions related to Bajaj Allianz Assured Gain.

settlement option with us. This facilitates you to receive your maturity proceeds in equal installments (payable yearly, half-yearly, quarterly, or monthly, at your option) spread over a maximum period of 5 years.

+The amount paid out in each installment will be the outstanding fund value as at that installment date divided by the number of outstanding installments

+No risk cover or additional rider benefit cover will be available during the settlement period. The company however will deduct all the charges (except mortality charges & any rider premium charges).

+No partial withdrawals or switches are allowed during the settlement period.

+Alternatively, you have an option to withdraw the fund value completely, anytime during the period of settlement option.

If you are unable to pay premium in the first three policy years: +Your policy shall immediately lapse for the insurance cover including

the cover under all rider(s) if any.+The policy shall continue to participate in the investment

performance of the underlying funds, subject to deduction of all charges except Mortality Charge and Rider Premium Charge, if any. You may revive the policy within a revival period of two years from the due date of first unpaid regular premium and recovery of any due-but-unrecovered charges (except mortality charge and rider premium charge, if any), from the due date of first unpaid regular premium, failing which the policy shall be terminated at the expiry of the revival period of two years or at the end of the third policy year, whichever is later, and the surrender value, if any, shall be paid.

If you have paid regular premiums for at least first 3 consecutive years & subsequent premiums are unpaid:+You will be given an opportunity to revive the policy within two years

from the due date of first unpaid regular premium. During this limited period of revival, the policy shall continue for full insurance cover including any rider cover, levying all appropriate charges by cancellation of units at the prevailing unit price till the regular

Important Details of the Plan

What happens if I am unable to pay my premiums?

Minimum Entry Age

Maximum Entry Age

Minimum Age at Maturity

Maximum Age at Maturity

Policy Term

Parameter

0 years (18 years in case of Additional Rider Benefits)

55 years (50 years in case of Additional Rider Benefits)

20 years

75 years (Additional Rider Benefits ceasing Age 65 years)

20, 25 & 30 years only

Minimum Regular Premium Rs. 7,500 per yearly installment

Rs. 3,800 per half- yearly installment

Rs. 1,900 per quarterly installment

Rs. 650 per monthly installment(Monthly mode is available through ECS and Salary Saving Scheme only).

Maximum Regular premium

Minimum Top Up Premium

Maximum Top Up Premium

Minimum/Maximum Sum

Assured

No Limit

Rs. 5,000

No Limit

5 times Annualized Premium

Details

premium fund value does not fall to an amount equivalent to prevailing one annual premium (NAV) across all the funds.

+At the end of the revival period of two years, if the contract is not revived, you can opt to continue the policy including insurance cover, subject to deduction of all charges till the regular premium fund value does not fall to an amount equivalent to prevailing one annual premium (NAV) across the fund.

+When the regular premium fund value falls to an amount equivalent to prevailing one annual premium or if you have not opted to continue the policy after the revival period, the contract shall be terminated by paying the surrender value as on the date of termination.

You can revive the policy within 2 (two) years from the due date of first unpaid premium. You have to give a written application to the company to revive the policy along with payment of all due unpaid regular premiums. The revival will be effected subject to underwriting, if required by us.

Within 15 days from the date of receipt of the policy, you have the option to review the terms and conditions and return the policy, if you disagree to any of the terms & conditions, stating the reasons for your objections. You will be entitled to a refund of the premium paid, subject only to a deduction of a proportionate risk premium for the period on cover and the expenses incurred on medical examination and stamp duty charges. The refund paid to you will also be reduced or increased (as applicable) by the amount of any reduction or increase in the fund value, if any, due to a fall or rise in the unit price between the date of allocation and redemption of units (without reference to any premium allocation rate or charges).

A grace period of 30 days for the yearly, half yearly and quarterly modes and of 15 days for the monthly mode is allowed under the policy.

This Policy shall automatically terminate on the earlier occurrence of either of the following events:I) The units in the policy are fully surrendered;ii) The fund value in respect of regular premium falls to an amount equivalent to one annual premium provided regular premiums have been paid for 3 full years;iii) Upon death of the life assured;iv) Upon the policy remaining lapsed for 2 (two) years.v) Apart from situations mentioned in ii) & iv) above, the regular premium fund value and the top up premium fund value becoming insufficient to deduct any due Charges vi) Upon Maturity, unless you have opted for the settlement option vii) The expiry of the period for the settlement optionviii) Upon complete withdrawal of outstanding units during settlement period.

Loan is not available under this Plan.

Revival of the Policy

Free Look Period

Days of Grace

Termination Conditions

Fund Access - Loan

General Exclusion

Tax Benefits

What are the Charges under the Plan?

Revision of Charges

Risks of Investment in the Units of the Plan

In case the life assured commits suicide within one year from:+Date of commencement of risk, regular premium and top- up

premium, if any would be paid+Date of latest revival of the policy, the amount payable would be the

value of the units in your account.

Premiums paid and benefits received will be eligible for tax benefits as per applicable tax laws.As per the current tax laws:+Premiums payable are eligible for tax benefits as per Section 80C of

the Income Tax Act.+Partial Withdrawals, Surrender Value, Death Benefit and Maturity

Benefit are eligible for tax benefits as per Section 10(10D) of the Income Tax Act

None of the above charges (except Premium Allocation Charge) will be deducted during the first year of your policy. The above charges, if any, will be subject to any applicable Service Tax

After taking due approval from the Insurance Regulatory and Development Authority, the Company reserves the right to revise the above-mentioned charges: If the revision is not agreeable to you, you will be allowed to exit the plan and surrender value will be payable.

The Proposer/Life Assured should be aware that the investment in the

Premium Allocation Charge

Parameter

Top Up Premium: 2% of the Top Up Premium

Details

Policy Administration Charge

4.20% of First Year Annualized Premium per annum inflating at 5% p.a. at every policy anniversaryThe charge will be deducted at each monthly anniversary from the second policy year only by cancellation of units.

Fund Management

Charge (FMC)

The annual fund management charge is as follows:

100%

1

Nill

2 Onwards

Accelerator Mid Cap Fund IIAsset Allocation FundBond FundEquity Growth Fund IIEquity Index Fund IILiquid FundPure Stock Fund

Fund Name FMC p.a.1.35%1.25%0.95%1.35%1.25%0.95%1.35%

Surrender Charge Nil

Switching Charge Nil

Miscellaneous ChargeRs. 100/- per transaction in respect of reinstatement, alteration of premium mode, decrease in regular premium or issuance of copy of policy document

Mortality Charge

Sample mortality charges per annum per thousand of Sum at risk for a healthy male life is shown below:

Age (yrs)1.5720

Rs. 1.74 2.82 6.5330 40 50

Rider Premium Charge As will be applicable under the rider.

UL Accidental Death Benefit Rider (UIN) : 116A013V01

Get upto 400% Loyalty Addition on first year premium.

a) Investor selectable Portfolio Strategy: If you want to allocate your premiums based on your personal choice and decision, you can opt for this strategy. You have a choice of seven (7) investment funds to make Your investment decision:

* The exposure to money market securities may be increased to 100%, keeping in view market conditions, market opportunities, and political, economic and other factors, depending on the perception of the Investment Manager. All changes in the asset allocation will be with the intention of protecting the interests of the policyholders.

Premium Apportionment: You can choose to invest fully in any one fund or allocate your premiums into the various funds in a proportion that suits your investment needs. The proportion of allocated premium to any fund must be at least 5%. At any policy anniversary, you also have the flexibility to change the proportion of future premiums to the funds. Premium apportionment chosen by you will be applicable from the

To provide capital appreciation through investment in selected equity stocks which have the potential for capital appreciation.

Equity Growth Fund II

Asset Class

0% - 40% 60% - 100% - Very High

To achieve capital appreciation by investing in a diversified basket of mid cap stocks and large cap stocks. Minimum 50% of Equity Investments would be in Mid Cap stocks

Accelerator Mid-Cap Fund II

0% - 40% 60% - 100% - Very High

To specifically exclude companies dealing in Gambling, Contests, Liquor, Entertainment (Films, TV etc.), Hotels, Banks and Financial Institutions.

Pure Stock Fund 0% - 40% 60% - 100% - Very High

To realize a level of total income, including current income and capital appreciation, which is consistent with reasonable investment risk. The investment strategy will involve a flexible policy for allocating assets among equities, bonds and cash. The fund strategy will be to adjust the mix between these asset classes to capitalize on the changing financial markets and economic conditions. The fund will adjust its weights in equity, debt and cash depending on the relative attractiveness of each asset class

Asset Allocation

Fund0% - 100% 0% - 100% 0% - 100% High

Capital appreciation through investment in equities forming part of NSE NIFTY

Equity Index

Fund II0%-40% 60%-100% - High

Provides accumulation of income through investment in high quality fixed income securities.

Bond Fund 0% - 100% - 0% - 100% Moderate

Protection of the invested capital through investments in liquid money market and short-term instruments.

Liquid Fund 0% - 100% - - Low

Funds Investment ObjectiveEquities*

G Secs, Bonds, Fixed

Deposits*

Risk Profile

Bank Deposits & Money Market

Instruments*

+For the first policy year, the total amount of top up premium shall not exceed 25% of the regular premium paid till date and no top up sum assured can be taken.

+From the second policy year, you may pay unlimited top up premium and at the time of making payment of top up premium, you may propose to have a top up sum assured between 1.25 times to 5 times of the top up premium paid.

+You may also choose to have no risk cover for the top up premium paid , provided the total amount of top up premiums paid or proposed to be paid does not exceed 25% of the regular premium paid till date.

+If, at any time, the total amount of top up premiums paid or proposed to be paid exceeds 25% of the regular premium paid till date, the top up sum assured will be between 1.25 times to 5 times of the portion of top up premium exceeding 25% of the regular premium paid till date.

+We may ask you to undergo any medical examination to verify your health as per our underwriting guidelines.

+Option to change premium payment frequency+You can change your premium payment frequency at any policy

anniversary subject to the minimum premium under this plan.+Partial Withdrawal Option

You have the option of unlimited partial withdrawals any time after three years, provided three full years' regular premium have been paid and:+The minimum amount of withdrawal is Rs. 5,000 and minimum

regular premium fund value that needs to be maintained after each withdrawal is 75% of the total regular premiums paid till date.

+All partial withdrawals will be first made from eligible top up premium units, if any. Once the eligible top up premium units are exhausted, further partial withdrawals will be made from regular premiums units.

+For the purpose of partial withdrawals, each payment of top up premium shall have a lock-in period of three years, unless the payment of top up premium is made in the last 3 policy years.

+In case of minor life, partial withdrawal is allowed after attaining age 18 years

+In the Investor Selectable Portfolio Strategy, you will have the option to choose the fund you want to do partial withdrawals from.

+In case of Wheel of Life Portfolio Strategy the withdrawal of units from your funds will be done in the same proportion of the value of the units held in the funds. You will not have any choice to opt the fund from which the partial withdrawal of units is to be done.

+No charge is applicable on partial withdrawals either from top up premium units or regular premium units.

+Partial withdrawal is not allowed under lapsed policies.+Settlement Option

Plan your maturity payout, which suits you best by exercising the

“IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER”

The old investment wisdom says – do not put all your eggs in the same basket. As we understand this very basic adage, here we offer you a plan that is a unique mix of assurance and gains.

Bajaj Allianz Assured Gain combines protection with surety of return at maturity and potential upside by offering you option to invest in various asset classes.

+Get 100% allocation of the premium paid from the 2nd year.+Loyalty Addition at regular intervals, up to a total of 400% of your

annual premium, subject to policy term chosen by you.+Loyalty Addition is payable even if you have stopped paying

premiums.+Sum Assured and Fund Value would be payable on death any time

during the policy term.+Choice of 7 investment funds and 2 investment portfolio strategies to

manage your investments better. Offering the special Wheel of Life portfolio strategy, which will help you to balance and safeguard your investment.

+Your policy continues to participate in investment performance of the fund(s) even if you fail to pay your premium.

+Flexibility of partial withdrawals.+Flexibility to decrease regular premium.+Flexibility to pay unlimited top-up premium.+Flexibility to add additional rider benefits for extra protection.

Bajaj Allianz Assured Gain is a simple to understand unit-linked life insurance plan. Your first year's regular premium is not allocated into your fund and is used to provide you Loyalty Additions at regular interval. Depending on the policy term chosen by you, Loyalty Addition as a percentage of your first year's annual premium is allocated in to your

th th thth thaccount at the end of the 10 , 15 , 20 , 25 & 30 policy year. 100% of the subsequent years' regular premiums are invested in the fund(s) of your choice and units are allocated depending on the unit price of the fund(s). The fund value of your policy is the total value of units that you hold in the fund(s).

The Mortality Charge, Policy Administration Charge and Rider Premium Charges (if any) are deducted monthly from the second policy year through cancellation of units. The Fund Management Charge is adjusted in the unit price.

Bajaj Allianz Assured Gain provides you with two unique portfolio strategies, which can be chosen at the inception of the Policy or on subsequent policy anniversary:

+Investor Selectable Portfolio Strategy

+Wheel Of Life Portfolio Strategy

Bajaj Allianz Assured Gain

Key Benefits of Bajaj Allianz Assured Gain

How does Bajaj Allianz Assured Gain works

Where is my money invested?

second policy year.

b) Wheel of Life Portfolio Strategy: +We provide you with “Years to maturity based portfolio

management”. +At the commencement of the Policy, your premium (regular

premium and top up premium, if any) would be allocated in various funds (namely Equity Index Fund II, Equity Growth Fund II & Accelerator Mid-Cap Fund II) in the proportion as mentioned below.

+On each policy anniversary, we will reallocate your fund value among various funds in the proportion based on your outstanding years to maturity.

+The premiums (regular premium and top up premium, if any) paid in that particular policy year will also be allocated in the same proportion.

+This will ensure that a balance is maintained between your “years to maturity” and level of risk to your investments to optimize the returns

+The rates of allocation/reallocation of your premium/fund value into various funds based on your outstanding years to maturity will be as follows:

If death of the life assured occurs before attaining age 7, then the death benefit will be:

The regular premium fund value, plus top up premium fund value, if any, as on date of receipt of intimation of death

If death of the life assured occurs after attaining age 7, the death

Death Benefit

Equity Index Fund

II

20 & above

19

18

17

16

15

14

13

12

11

10

9

8

7

6

5

4

3

2

1

Years to Maturity

20

30

30

30

30

40

40

40

40

40

40

40

40

40

40

40

30

20

10

0

50

50

50

50

50

40

40

40

40

35

30

25

20

15

10

0

0

0

0

0

30

20

20

20

20

15

10

5

0

0

0

0

0

0

0

0

0

0

0

0

100

100

100

100

100

95

90

85

80

75

70

65

60

55

50

40

30

20

10

0

0

0

0

0

0

5

10

15

20

25

30

35

40

45

50

55

60

65

70

80

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

5

10

15

20

20

Equity Growth Fund

II

Accelerator Mid-Cap Fund II

Total

Bond Fund (%)

Liquid Fund (%)

Proportion in following three Funds (%)

benefit will be:

Sum Assured in respect of regular premium plus the regular premium fund value as on date of receipt of intimation of death.

Plus

Sum Assured in respect of top up premium, if any, plus the top up fund value, if any, as on date of receipt of intimation of death.

In case of unfortunate death of the life assured when the policy is in lapse status, regular premium fund value plus top up premium fund value, if any, is payable.

On maturity, you will receive the sum of the regular premium fund value plus top-up premium fund value, if any.

Loyalty Addition will be credited to your account at the following percentages of your first year's annualized premium at the end of the periods mentioned in the table below.

If all the due regular premiums have not been paid till the date of allocation of the loyalty addition, the above loyalty addition percentage will be reduced by multiplying it by a proportion of the number of premium paid to the number of premiums payable till date of allocation of loyalty addition. The balance of the reduced loyalty addition proportion shall not be carried forward.

For example, if you have paid 7 regular premiums and subsequent premiums not paid, at the end of the 10th policy year, the percentage of loyalty addition will be 35% (= 7 / 10 X 50%).

You have the option to surrender your policy without any surrender rdcharge after the third (3 ) policy year. The surrender value payable will

be equal to the regular premium fund value plus the top up premium fund value, if any, as on date of surrender of the policy.

You can enjoy extra coverage by choosing the optional additional rider benefit, UL Accidental Death Benefit Rider (UIN 116A013V01), at a nominal extra cost. (Please refer to Additional Rider Benefit brochure for more details)

Fund value: The fund value is equal to the number of units under this policy multiplied by the respective unit price on the relevant valuation date.

Regular premium fund value: is equal to the number of units pertaining

Maturity Benefit

Loyalty Additions

Surrender Benefit

Additional Rider Benefits

Definitions

1015202530

At the End of Policy Year

Loyalty Addition as a % of the First Year's Annualized Premium

Policy Term (Years)

20 25 30

50%75%

125%--NA–--NA–

50%75%75%

125%--NA–

50%75%75%75%

125%

to regular premium under this policy multiplied by the respective unit price on the relevant valuation date.

Top up premium fund value: is equal to the number of units pertaining to top up premium under this policy multiplied by the respective unit price on the relevant valuation date

Unit Price: The unit price of each fund is arrived at by dividing the Net Asset Value (NAV) of the fund by the number of units existing in the fund at the valuation date.

*This is an indicative projection on basis of prescribed growth rate by the regulator. The above projection is based on 100% investment in Bond Fund for male healthy lives.

This plan provides you with the following flexibilities to suit your changing requirements+Switching Option

You can make unlimited free switches (between strategies or funds combined)

If you have chosen Investor selectable portfolio strategy:+You have the flexibility to switch units between your investment

funds according to your risk appetite and investment decisions.+The minimum switching amount is Rs. 5000 or the value of units in

the fund to be switched from, whichever is lower+You can switch out of this Portfolio Strategy at any Policy

Anniversary by giving a 30-day advance written notice to us.

If you have chosen Wheel of Life portfolio strategy:+You will not have the option to switch units between funds or

change the proportion of premium to various funds +You can switch out of this Portfolio Strategy at any Policy

Anniversary by giving a 30-day advance written notice to us.+Option to decrease regular premium

+At anytime after three policy years, the policyholder will have the option to decrease the regular premium amount at any policy anniversary provided all due regular premiums till date have been paid

+A decrease in Annual Premium will automatically result in a proportionate decrease in the Sum Assured, provided always that any decrease in the Annual Premium does not fall below the minimum Regular Premium payable under the Policy.

+Option to make lump sum investment+You can make lump sum investments at any time during your

policy term by paying top up premiums to increase your investment in the policy, provided all due regular premiums are paid. The minimum top up premium is Rs. 5,000.

Sample Illustration*

Flexibilities

30

50

55

60

20

25

30

799,042

1,149,403

1,585,733

1,222,847

2,015,609

3,217,724

25000 125,000

Age Maturity Age

Policy Term

Premium p.a.

Fund Value at maturity

@ 6%

Fund Value at maturity

@ 10%

Sum Assured