Financial planning is one of the key priorities to keep pace with the challenges of the life. When it comes to a plan that will help you plan for your financial goals, you want to settle for nothing-but-the-best. Bajaj Allianz Life Insurance Co. Ltd presents the 'Bajaj Allianz Life Assure Plan' that provides you with the dual advantage of planning for your financial security and getting the best returns possible for every rupee you invest.

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

POLICYHOLDER”

Save a little everydayto keep worries away

An Unit Linked Insurance Plan

The plan offers you the following key benefits:

! Secure your investments with minimum guaranteed maturity value under Plan Variant I.

! Choice of 2 investment portfolio strategies under Plan Variant II: Wheel of Life Portfolio Strategy and Investor Selectable Portfolio Strategy

! Choice of seven (7) funds under Investor Selectable Portfolio Strategy

! Payment of an additional sum assured in case of an accidental death.

! Option to cover your spouse under your policy.

! Maximum Flexibility with:

I). Partial withdrawals anytime after five years from the commencement of the policy.

ii). Top-up premium payment over and above regular premiums

iii). Option to decrease sum assured

iv). Option to alter premium payment frequency

v). Option to switch between funds, portfolio strategies and plan variants.

vi). Option to change premium payment term

! Optional riders to enhance your protection

! Settlement Options for maturity benefit

Under the plan variant Bajaj Allianz Life Assure Plan - Sure, the base regular premiums paid by you are invested in the Assured Return Fund after applying the applicable premium allocation rate and deducting the guarantee charge. Under the plan variant Bajaj Allianz Life Assure Plan - More, the base regular premiums paid by you are invested as per your choice of fund(s) or the portfolio strategy, after applying the applicable premium allocation rate. For both the variants, units are allocated at the prevailing unit price of the fund. The mortality charge and policy administration charge are deducted monthly through cancellation of units. Fund management charge is adjusted in the unit price.

How does Bajaj Allianz Life Assure Plan work?

Key Benefits of Bajaj Allianz Life Assure Plan

Bajaj Allianz Life Assure Plan offers you two variants to choose from, which you have to select at the inception of the policy:

Plan Variant I: “Bajaj Allianz Life Assure Plan – Sure” and

Plan Variant II: “Bajaj Allianz Life Assure Plan – More”

The plan variant Bajaj Allianz Life Assure Plan - Sure provide you with an opportunity to invest in the Assured Return Fund. The investment objective of this fund is as follows:Assured Return Fund - Risk Profile – Medium (SFIN: ULIF06127/01/11ASSRDRETRN116)

The investment objective of this fund is to provide capital appreciation by investing in a suitable mix of debt and equities. The fund strategy would be to invest in following mix of assets:

Indicative Portfolio Allocation:Equity & Equity Related Instruments : 0% - 50%Debt & Debt Related Instruments : 0% - 100%

(a)Mutual Funds and Money market instruments : 0% - 40%(a) Mutual fund exposure will be as mandated by the IRDA guidelinesThe 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 Policy holders.If there is any cancellation of units under the Assured Return Fund due to any reason, the same would be at prevailing unit price.

The plan variant Bajaj Allianz Life Assure Plan - More provides you with two unique portfolio strategies, which can be chosen at the inception of your policy or on any subsequent policy anniversary:+Investor Selectable Portfolio Strategy+Wheel of Life Portfolio Strategya) Investor selectable Portfolio Strategy: If you want to allocate your premiums based on your personal

choice and decision, you can opt for this strategy and chose from among the seven (7) funds below to suit your investment needs.I) Equity Growth Fund II- Risk Profile – Very High (SFIN: ULIF05106/01/10EQTYGROW02116)

The investment objective of this fund is to provide capital appreciation through investment in selected equity stocks that have the potential for capital appreciation.

Indicative Portfolio Allocation:Equity : Not less than 60%Bank deposits and *Money market instruments : 0% to 40%

What are my Investment Options and Funds?

II) Accelerator Mid-Cap Fund II- Risk Profile – Very High (SFIN: ULIF05206/01/10ACCMIDCA02116) The investment objective of this fund is to achieve capital appreciation by investing in a diversified basket of mid cap stocks and large cap stocks.

Indicative Portfolio Allocation:

Equity : Not less than 60%, Out of the equity investment, at least 50% will be in mid cap stocks

Bank deposits and *Money market instruments : 0% to 40%

III)Pure Stock Fund - Risk profile - Very High (SFIN: ULIF02721/07/06PURESTKFUN116)

The investment objective of this fund is to specifically exclude companies dealing in Gambling, Contests, Liquor, Entertainment (Films, TV etc.), Hotels, Banks and Financial Institutions.

Indicative Portfolio Allocation:Equity : Not less than 60%Bank deposits and Money market instruments : 0% to 40%The exposure to government treasury bills (non-interest bearing) 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.

IV) Asset Allocation Fund - Risk Profile – High (SFIN: ULIF04528/09/07ASSETALLOC116)

The investment objective of this fund will be 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.

Indicative Portfolio Allocation:Equity : 0% - 100%Debt & *Money market instruments : 0% - 100%

V) Bluechip Equity Fund - Risk Profile - High (SFIN: ULIF06026/10/10BLUECHIPEQ116)

The investment objective of this fund is to provide capital appreciation through investment in equities forming part of NSE NIFTY.

Indicative Portfolio Allocation:Equity : Not less than 60%Bank deposits and *Money market instruments : 0% to 40%

VI) Bond Fund- Risk Profile – Moderate (SFIN: ULIF02610/07/06BONDFUNDLI116)The investment objective of this fund is to provide accumulation of income through investment in high quality fixed income securities

Indicative Portfolio Allocation:G-Secs, Bonds and Fixed Deposits andMoney market instruments : 100%

VII) Liquid Fund- Risk Profile – Low (SFIN: ULIF02510/07/06LIQUIDFUND116)The objective of this fund is to have a fund that aims to protect the invested capital through investments in liquid money market and short-term instruments

Indicative Portfolio Allocation:

Bank deposits and Money Market Instruments : 0% to 100%* 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.

b) Wheel of Life Portfolio Strategy : This provides you with a “Years to maturity” based portfolio management. ! At the commencement of your policy, your premium (base regular premium and top up premium, if any),

net of allocation charge, will be allocated in various funds (namely Bluechip Equity Fund, Equity Growth Fund II, Accelerator Mid-Cap Fund II, Bond Fund and Liquid Fund) in the proportion as mentioned below, depending on the outstanding years to maturity.

! 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 (base regular premium and top up premium, if any) paid, net of allocation charge 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 proportion of allocation/reallocation of your premium/fund value into various funds based on your outstanding years to maturity will be as follows:

20 20 50 30 100 0 0

19 30 50 20 100 0 0

18 30 50 20 100 0 0

17 30 50 20 100 0 0

16 30 50 20 100 0 0

15 40 40 15 95 5 0

14 40 40 10 90 10 0

13 40 40 5 85 15 0

12 40 40 0 80 20 0

11 40 35 0 75 25 0

10 40 30 0 70 30 0

9 40 25 0 65 35 0

8 40 20 0 60 40 0

7 40 15 0 55 45 0

6 40 10 0 50 50 0

5 40 0 0 40 55 5

4 30 0 0 30 60 10

3 20 0 0 20 65 15

2 10 0 0 10 70 20

1 0 0 0 0 80 20

Years to Maturity

Bluechip Equity Fund

Equity Growth Fund II

Accelerator Mid-Cap Fund II

Total Bond

Fund (%)Liquid

Fund (%)

Proportion in following three Funds (%)

! You will not have the option to switch units or change the apportionment of premium to various funds, under this portfolio strategy.

! You can switch out of this portfolio strategy at any policy anniversary by giving a written notice to the company 30 days in advance.

! In case of partial withdrawal, the withdrawal of units from each fund will be done in the same proportion as the value of the Units held in that Fund as on date of withdrawal. You will not have any choice to opt the fund from which the partial withdrawal of units is to be done.

Premium Apportionment: ! Under the Investor Selectable Portfolio Strategy, 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 premium apportionment to any fund must be at least 5%.

! The company will reserve the right to revise the minimum apportionment percentages upon giving written notice of not less than three months subject to obtaining clearance from the IRDA.

! Under the Wheel of Life Portfolio Strategy, you will not have the option to choose the proportion. The apportionment of the allocated premium will be as per the Wheel of Life Portfolio Strategy table.

! Miscellaneous charge, as mentioned below, will be applicable for change in premium apportionment or portfolio strategy.

Definitions

! Regular Premium Fund Value: is equal to the number of units pertaining to base regular premium under a 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 a policy multiplied by the respective unit price on the relevant valuation date.

! Fund Value: The fund value is equal to the number of units under a policy multiplied by the respective unit price on the relevant valuation date; i.e., equal to the total of the regular premium fund value & any top up premium fund value.

! Sum Assured: is the sum total of the sum assured with respect to regular premiums and the sum assured with respect to top up premiums.

! Primary Life Assured: In case of individual life, life assured is the primary life assured. In case of joint life, first life assured is the primary life assured.

! 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.

! Regular Premium: is equal to base regular premium plus rider premiums, if any.All requests received for any unit transaction till the cut-off time of a day shall be processed at the unit price of the same day. The requests received after the cut-off time of a day shall be processed at the unit price of the next day. The request for unit transaction can be premium payment/surrender/partial withdrawal/death claim. Currently the cut-off time is 3.00pm for applicability of unit price for a particular day.

! Discontinued Policy Fund: is the fund maintained by the Company that is set aside and is constituted by the discontinuance fund value of the Discontinued Policies determined in accordance with the “IRDA (Treatment of Discontinued Linked Insurance Policies) Regulation, 2010”.

! Discontinuance Value: a) The discontinuance value of a policy will be the higher of ! The regular premium fund value less the discontinuance charge, plus the top up premium fund value, if

any, all as on date of discontinuance, accumulated at the rate of return earned on the discontinued policy fund net of fund management charge OR

! The regular premium fund value less the discontinuance charge, plus the top up premium fund value, if any, all as on date of discontinuance, accumulated at the minimum guaranteed rates of investment return. The minimum guaranteed rates of investment return is same as the rates of interest as applicable to the Savings Bank Account of State Bank of India during the period the policy was in discontinuance.

b) In accordance with the IRDA regulation, the current applicable fund management charge on discontinued policy fund is 0.5% per annum.

c) The fund management charge and the minimum guaranteed rates of investment return as mentioned above may change from time to time as per the IRDA guidelines.

! Valuation Date: We aim to value the funds on each day the financial markets are open. However, we may value the funds less frequently in extreme circumstances, where the values of assets are too uncertain. In such circumstances, we may defer the valuation of assets for up to 30 days until we feel that certainty as to the value of assets is resumed. The deferment of valuation of assets will be with prior consultation with the IRDA.

Death Benefit

+In case of a single life policy: The death benefit will be sum assured plus fund value, subject to minimum guaranteed death benefit, as on date of receipt of intimation of death at the Company's office.

+In case of a joint life policy where your spouse is also covered under your policy: The death benefit will be as follows subject to the minimum guaranteed death benefit in the following paragraph:Death Benefit payable on the death of the primary life assured:! If death of the primary life assured occurs first, the death benefit will be the sum assured with respect to

the primary life assured. Thereafter the policy will vest on the life of the spouse.! If death of the primary life assured occurs after the death of the spouse, the death benefit will be the sum

assured with respect to the primary life assured plus the fund value as on date of receipt of intimation of death at the Company's office.

+Death Benefit payable on the death of the spouse:! If death of the spouse occurs first, the death benefit will be the sum assured with respect to the spouse.! If death of the spouse occurs after the death of the primary life assured, the death benefit will be the sum

assured with respect to the spouse plus the fund value as on date of receipt of intimation of death at the Company's office.

+Minimum Guaranteed Death Benefit! Death before attaining age 60 years: In case of death of any life assured before attaining age of 60 years,

the minimum guaranteed death benefit will be equal to 105% of regular premiums paid plus any top up premiums paid till date; reduced by the value of the units withdrawn through partial withdrawals from regular premium fund value and top up premium fund value in the 24 months prior to the date of death.

! Death on or after attaining age 60 years: In case of death of any life assured on or after attaining age 60 years, the minimum guaranteed death benefit will be equal to 105% of regular premiums paid plus any top up premiums paid till date; reduced by the value of the units withdrawn through partial withdrawals from regular premium fund value and top up premium fund value during the 24 months prior to attaining age 60 and all subsequent partial withdrawals on or after attaining age 60.

+If the death of the primary life assured and/or the spouse is due to an accident and the age at the time of death is 7 years & above, an additional benefit equal to the regular premium sum assured of the primary life assured and/or spouse shall also be paid.

Maturity Benefit

Under plan variant Bajaj Allianz Life Assure Plan - Sure, the maturity benefit will be the Top Up Premium Fund Value (if any) and the higher of the Guaranteed Maturity Value or the Regular Premium Fund Value, as on the maturity date. Guaranteed Maturity Value is the value of all the base regular premiums paid less guarantee charge, premium allocation charge, policy administration charge, mortality charge less all applicable service tax on the above charges less all partial withdrawals from the regular premium fund, all accumulated at 3% p.a. compounding monthly till the maturity date.Under plan variant Bajaj Allianz Life Assure Plan - More, the maturity benefit will be the total Fund Value as on the maturity date.

Surrender Benefit

You have the option to surrender your policy anytime from the 6th (sixth) policy year. The surrender value will be equal to the Fund Value as on date of surrender of the policy. The policy will terminate thereafter upon payment of full surrender value.

Additional Rider Benefits

You can enjoy extra coverage by choosing the optional additional rider benefits at the inception of the policy at a nominal extra cost, subject to the maximum sum assured of 20 times of the total annualized premium. The riders available with Bajaj Allianz Life Assure Plan are:

! Bajaj Allianz Extra Cover Benefit Rider (UIN: 116C028V01)! Bajaj Allianz Super Premium Waiver Benefit Ride (UIN: 116C029V01)! Bajaj Allianz Accelerated Critical Illness Benefit Rider (UIN:116C027V01)

Bajaj Allianz Accelerated Critical Illness Benefit Rider can be taken on your spouse's life also if the primary life assured has opted for this rider. The other two riders can be availed only on the primary life assured.(Please refer to Additional Rider Benefit brochures for more details)

Computation of NAV:

The NAV of the Fund shall be computed as the market value of the investment existing in the fund plus value of current assets plus any accrued income net of Fund Management Charge less value of current liabilities and provisions, if any. This calculation will be done before creation/redemption of units.

Age Maturity Age

Policy Term

Premium Payment

TermPremium Sum

AssuredPlan

Variant

Guaranteed Maturity

Value

Fund Value at maturity

@ 6%

Fund Value at maturity @ 10%

30 40 10 10 20,000 200,000 Sure 212,036 230,669 286,897

30 50 20 15 20,000 200,000 Sure 393,637 482,819 816,628

30 40 10 10 20,000 200,000 More N/A 240,465 299,377

30 50 20 15 20,000 200,000 More N/A 515,924 874,118

*This is an indicative projection on the basis of prescribed growth rate by the regulator. The above projection is based on 100% investment in 'Assured Return Fund' for the Plan Variant I and in 'Bond Fund' for the Plan Variant II; for a healthy male life and after service tax.

Sample Illustration*

Flexibilities

This plan provides you with the following flexibilities to suit your changing requirements+Spouse Cover! You may include your spouse at any time during the policy, for the sum assured up to maximum, as

allowed for the spouse under the plan; subject to satisfying the underwriting requirements of the company.

! The sum assured for spouse cover cannot exceed the sum assured for the primary life assured. ! Appropriate mortality charge will be deducted for the spouse cover

! The spouse cover can be discontinued at any time. Once excluded, the spouse cannot be included in the policy again.

! On first death of the primary life assured, the policy will vest in the spouse and the spouse has to pay the regular premium under the policy.

+Option to make lump sum investment! You can make lump sum investments at any time except in the last five policy years, by paying

unlimited top up premiums to enhance your fund value. ! The minimum top up premium is ̀ 5,000.! The amount of top up premium paid by you would determine the top up sum assured on your life. On

payment of top up premium, you have to choose the top up sum assured as per the following table depending upon your age:

(The default choice is 1.25 times for current ages less than 45 years & 1.1 times for other ages)! Each top up premium paid by you will have a lock-in period of 5 (five) years and the lock in would apply

from the date of payment of each top up premium. ! The company reserves the right not to accept top up premiums at any time and also to call upon and

request for any information/ documentation to verify the good health of the life assured and may require the life assured to undergo any medical examination for this purpose and may refuse to accept the top up premium under the plan.

! No top up premium is allowed after death of the primary life assured in case of joint life policy.+Settlement Options! You will have the option to receive the maturity benefit in installments (payable yearly, half yearly,

quarterly or monthly, at the option of the policyholder) spread over a maximum period of 5 years.! Under both the plan variant, the maturity benefit will be invested among the fund/s, mentioned under

the plan variant Bajaj Allianz Life Assure Plan-More, as per your choice. By default, it will be invested into the Asset Allocation Fund only.

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

! Installment payment will be made by redeeming units from the funds at the unit price applicable on the installment date.

! Investment risk during the settlement period as well will be borne by the policyholder.

Current Age Top-Up Sum Assured Multiplier

Less than 45 years 1.25 to 20 times

Greater than or equal to 45 years 1.1 to 20 times

! No risk cover or additional rider benefit cover will be available during the period of the settlement option. ! All applicable charges except the mortality charge and rider premium charge, if any, shall be deducted

during the period of the settlement option.! No partial withdrawals are allowed during the subsistence of the period of the settlement option.! Alternatively, you will have an option to withdraw the fund value completely, at anytime during the

period of settlement option. The fund value will be calculated as the total number of outstanding units in the policy multiplied by the unit price as on date of complete withdrawal

+Alteration of premium payment frequency! At any policy anniversary, you can opt to alter your regular premium payment frequency to any other

mode (i.e., yearly, half-yearly, quarterly or monthly), subject to minimum premium limits under the plan. The monthly mode is permitted only by salary deduction or ECS. Miscellaneous charge, as mentioned in the Table of Charges given below, will be applicable for the option.

Premium frequency Monthly Quarterly Half yearly Yearly

Frequency Factor (freq) 1/12 1/4 1/2 1

+Option to decrease the sum assured! You have an option to reduce your regular premium sum assured to the level of 115% of the regular

premium paid subject to the minimum allowed under the product. Such reduction shall be allowed at a policy anniversary only.

! The spouse cover and the rider cover will also be correspondingly reduced to keep them equal to or lower than the base sum assured. The rider premium for any outstanding premium paying term would be based on the reduced sum assured, and the original rider premium rate.

! You also have a choice to reduce your top up sum assured based on your current age:

Age Top-Up Sum Assured MultiplierLess than 45 years 1.25 times

Greater than or equal to 45 years 1.1 times

! Miscellaneous charge, as mentioned in the Table of Charges given below, will be applicable for this option.

+Partial Withdrawal Option ! You have the option to make unlimited number of partial withdrawals, anytime after the fifth policy year

subject to:! The minimum amount of partial withdrawal is ̀ 5,000.! The regular premium fund value should not fall below three (3) times of the annualised premium after a

partial withdrawal.

! The Company may vary the minimum value of units to be withdrawn and/or the minimum balance of value of units to be maintained after such partial withdrawals (subject to prior approval from the IRDA) by giving you a written notice of three months.

! Partial withdrawals will be paid by canceling the units at prevailing unit price. ! For the purpose of partial withdrawals, each payment of top up premium shall have a lock-in period of five

(5) years.! All partial withdrawals will be first made from eligible top up premium fund value, if any on First in First

out (FIFO) basis. Once the eligible top up premium fund value is exhausted, further partial withdrawals will be made from the regular premium fund value.

! In case of minor life, partial withdrawal is allowed only after attaining age of 18 years! Miscellaneous charges, as mentioned in the Table of Charges given below will be applicable for the

option.+Option to change the Premium Payment Term! You have the option to change your premium payment term at any time subject to premium payment

term available under the product, provided all due regular premiums till the date of such request are paid. Such option should be exercised before the expiry of the existing premium payment term. Miscellaneous charge, as mentioned in the Table of Charges given below will be applicable for the option.

+Switching of Plan Variants! You can switch out of plan variant Bajaj Allianz Life Assure Plan – Sure to plan variant Bajaj Allianz Life

Assure Plan – More at any time. ! The units available in the Assured Return Fund will be switched to the fund/s of your choice (as available

under Bajaj Allianz Life Assure Plan- More). The switching out and switching in will be at the prevailing unit price.

! On switching out of plan variant Bajaj Allianz Life Assure Plan- Sure, the guarantee charge would no longer be levied.

! Switching from the plan variant Bajaj Allianz Life Assure Plan- More to plan variant Bajaj Allianz Life Assure Plan- Sure is not allowed.

! Miscellaneous charge, as mentioned in Table of Charges given below will be applicable for this alteration.+Switching Option (Under Bajaj Allianz Life Assure Plan- More only)

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. You can make unlimited free switches! The minimum switching amount is ` 5000 or the value of units in the fund to be switched from,

whichever is lower

Parameter DetailsMinimum Entry Age 1 year (18 years in case of Additional Rider Benefits)

Maximum Entry Age 65 years (50 years in case of Accelerated Critical Illness Rider Benefits)

Minimum Age at Maturity 18 years

Maximum Age at Maturity 75 years (Accelerated Critical Illness Rider Benefits ceasing Age 65 years)

Policy Term 10, 15 & 20 years

Premium Payment Term (PPT) For Policy Term PPT Available10 Years 5 & 10 years15 Years 10 & 15 years20 Years 10, 15 & 20 years

Minimum Regular Premium (Modal Premium) `10,000 for Yearly mode; 5,000 for Half Yearly Mode`2,500 for Quarterly Mode; ` 1,000 for Monthly Mode

`

Maximum Regular Premium No LimitPremium Payment Frequency Annual, Half-yearly, Quarterly and Monthly

Minimum Top Up Premium `5,000

Maximum Top Up Premium No Limit

Minimum Sum Assured(for both Primary Life Assured and the spouse)

Entry Age Minimum Sum Assured

Below 45 years 10 times annualized premium

45 years and above 7 times annualized premium

Maximum Sum Assured

If premium paying term = policy term and no riders & no spouse cover opted:

Entry Age Maximum Sum Assured

50 years and below 50 times annualized premium

Above 50 years 20 times annualized premium

! You can switch in/out of this Portfolio Strategy at any Policy Anniversary by giving a 30-days advance 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 in/out of this Portfolio Strategy at any Policy Anniversary by giving a 30-days advance

notice to us.

Important Details of the Plan

Otherwise: 20 times of annualized premium

# Age calculated is age as at the last birthday

What happens if you are unable to pay your regular premiums?

If you are unable to pay your regular premium before the expiry of the grace period then a notice will be sent to you within fifteen days after the expiry of the grace period. You can choose one of the following options within 30 days of the receipt of such notice: i) Pay all due regular premiums and keep the policy in force ORii)Convert to a discontinued policy without any risk cover.! If you opt to discontinue the policy or we do not get any response in writing within the stipulated period of 30

days from the date of receipt of such notice, your policy shall be converted to a discontinued policy and all the risk cover shall cease with immediate effect.

! If the date of discontinuance of the policy falls before the fifth policy anniversary the regular premium fund value less the discontinuance charge plus the top up premium fund value, if any, shall be transferred to the discontinued policy fund on the date of discontinuance of the policy. Such a discontinued policy can be revived. In case you do not revive the policy, then, the discontinuance value shall be paid to you after the fifth policy year. In case of death of the life assured before the fifth policy anniversary, the discontinuance value as on date of intimation of death shall be payable.

! If the date of discontinuance of the policy falls on or after the end of the fifth policy year, the fund value as on date of discontinuance of the policy shall be paid to you and the policy shall terminate immediately. Such a discontinued policy cannot be revived.

! Till the discontinuance action is taken, your policy shall continue with full death cover including spouse cover, if any, levying all appropriate charges. For such policies the rider cover will cease on the expiry of the grace period and surrender value, if any, will be payable as per the respective riders.

! The discontinuance charge as applicable to arrive at the discontinuance value is given in the table below:

Policy discontinued during the policy year

For the policies having annualised premium up to ` 25000/-

For the policies having annualised premium above ` 25000/-

20% of lower of (AP or RPFV) subject to maximum of ` 3,000

6% of lower of (AP or RPFV) subject to maximum of ` 6,0001

2

3

4

15% of lower of (AP or RPFV) subject to maximum of ` 2,000

10% of lower of (AP or RPFV) subject to maximum of ` 1,500

5% of lower of (AP or RPFV) subject to maximum of ` 1,000

4% of lower of (AP or RPFV) subject to maximum of ` 5,000

3% of lower of (AP or RPFV) subject to maximum of ` 4,000

2% of lower of (AP or RPFV) subject to maximum of ` 2,000

5 & above Nil Nil

Where: AP – Annual Premium and RPFV – Regular Premium Fund ValueNo discontinuance charge will be applied on units in respect of top-up premium

ForeclosureIf, after five (5) policy years, the regular premium fund value becomes insufficient to deduct one month's charges under the policy, then, the policy shall be foreclosed and the surrender value, if any, as on date of such foreclosure will be paid immediately.

Revival +The discontinued policy can be revived subject to following:! The company receives the request for revival by you within two (2) years from the date of discontinuance

of the policy but before the fifth (5th) policy anniversary, i.e., before the expiry of the lock-in period! All the due but unpaid regular premiums are paid and! Such information and documentation as may be requested by the company is submitted by you at your

own expense.! The Company may disallow the revival of the policy on the original policy terms and conditions.

+On revival of the discontinued policy, the discontinuance value of the policy together with the amount of discontinuance charge (without any interest) as deducted by the company on the date of discontinuance of the policy, shall be split into regular premium fund value and the top up premium fund value ,if any, in the same proportion as existed on the date of discontinuance and will be allocated across the various Funds at their prevailing unit price again in the same proportion as it existed on the date of discontinuance.

Days of GraceA grace period of 15 days is available for monthly frequency and 30 days for other frequencies.

Termination Conditions

This Policy shall automatically terminate on the earlier occurrence of either of the following events:! The units in the policy are fully surrendered;! Upon death of the life assured in case of single life policy;! Upon second death in case of joint life policy;! Upon maturity or at the end of the settlement period if opted so.! Upon payment of discontinuance value; ! On foreclosure.

Fund Access - Loan Policy loan is not available under this plan.

Tax BenefitsPremium Paid are eligible for tax benefits under section 80C and maturity benefit, death benefit and surrender value are eligible for Tax benefits under Section 10(10D) of the Income Tax Act subject to the provision stated therein.

Free Look PeriodWithin 15 days [30 days in case the Policy is issued under the provisions of IRDA Guidelines on Distance Marketing of Insurance Products] 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 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 company is entitled to repurchase the units at the unit price as on the date of cancellation and adjust the amount of change in fund value due to movement in the unit price in to the amount to be refunded.

What are the Charges under the Plan?

Charges Details

Premium Allocation Charge on base regular premium

Regular Premium due in Policy Year

Premium Allocation Charge

1

20%

2-5

4%6 onwards

0%

Policy Administration Charge (PAC) Nil for the first five policy years and `10 per month from the 6th year onwards inflating at 5% perannum annually. The charge will be deducted at each monthly anniversary by cancellation of unitsat prevailing unit price.

Guarantee Charge Only under plan variant Bajaj Allianz Life Assure Plan-Sure, 2% of base regular premium paid.This charge would be levied when regular premiums are received by the company

Fund Management Charge (FMC)

FMC per annum as a % of Fund Value1.35%1.35%1.35%1.25%1.25%0.95%0.95%1.25%

This charge would be adjusted in the unit price.

Surrender Charge Nil (after 5th year)

Miscellaneous Charge The miscellaneous charge would be charged at the rate of `100/- per transaction in respect ofalteration of premium mode, alteration of premium apportionment, partial withdrawal, switching ofPlan Variant, change in premium paying term, decrease in Sum assured or issuance of copy ofpolicy document.

Mortality Charge Mortality Charge will be deducted at each monthly anniversary by cancellation of units. Samplemortality charges per annum per thousand of sum at risk for a healthy male life is shown below:

Age (yrs)`

201.57

301.74

402.82

506.53

Sum at risk is equal to the death benefit less fund value. An additional risk charge of `1.00 per thousand of regular premium sum assured with respect to theprimary life assured and sum assured with respect to the spouse, if any, will be charged towards theinbuilt accidental death cover.

Rider Charge Please refer to Additional Rider Benefit brochures for rider charge details.

Service Tax As applicable

All top up premiums will have an allocation charge of 2%

FundEquity Growth Fund IIAccelerator Mid Cap Fund IIPure Stock FundAsset Allocation FundBluechip Equity FundLiquid FundBond FundAssured Return Fund

Revision of ChargesAfter taking due approval from the Insurance Regulatory and Development Authority, the Company reserves the right to revise the above-mentioned charges.

The Company will give a notice of three months to the policyholders for any changes in charges. The policyholder/life assured, who does not agree with the modified charges, shall be allowed to withdraw the units after the 5th policy anniversary at the prevailing unit price and the policy shall terminate thereafter.

Suicide ExclusionIn case of death of the life assured under a single life policy or death of any one of the lives assured under a joint life policy due to suicide during the first policy year or within one year from the latest revival of the policy, the contract of insurance shall be void, and the Company's liability shall be limited to the extent of the Regular Premium Fund Value and Top Up Premium Fund Value, if any, as on the date of intimation of the death at the Company's office plus any rider premiums paid.

Risks of Investment in the Units of the PlanThe Proposer/Life Assured should be aware that the investment in the 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 and factors influencing the capital market and the insured/policyholder is responsible for his/her decisions.

! Bajaj Allianz Life Insurance is only the name of the insurance company and Bajaj Allianz Life Assure Plan 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.! Assured Return Fund, Equity Growth Fund II, Accelerator Mid-Cap Fund II, Asset Allocation Fund, Bond Fund,

Liquid Fund, Bluechip Equity Fund and Pure Stock Fund are the name of the funds offered currently with Bajaj Allianz Life Assure Plan, and in any manner does not indicate the quality of the fund, and its future prospects or returns.

! The Assured Return Fund, Equity Growth Fund II, Accelerator Mid-Cap Fund II, Asset Allocation Fund, Bond Fund, Liquid Fund, Bluechip Equity Fund and Pure Stock Fund do not offer a guaranteed or assured return.

! The investments in the Units are subject to market and other risks.

! 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.

Nomination 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 death of the life assured. This nomination shall be in accordance with Section 39 of the Insurance Act, 1938. You will also have right to assign your policy in accordance with Section 38 of the Insurance Act, 1938.

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.

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Section 45 of the Insurance Act 1938No 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 is a joint venture between Bajaj Finserv Limited and Allianz SE. Both enjoy a reputation of expertise, stability and strength. This joint venture company incorporates global expertise with local experience. The comprehensive, innovative solutions combine the technical expertise and experience of Allianz SE, and in-depth market knowledge and goodwill of “Bajaj brand” in India. Competitive pricing and quick honest response have earned the company the customer's trust and market leadership in a very short time.

Bajaj Allianz Life Assure Plan 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 Life Assure Plan 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 Life Assure Plan.

Contact Details

Unique Identification Number (UIN ) :

Bajaj Allianz Life Assure Plan (UIN: 116L112V01)Bajaj Allianz Accelerated Critical Illness (UIN: 116C027V01)Bajaj Allianz Extra Cover Benefit ( UIN: 116C028V01)Bajaj Allianz Super Premium Waiver ( UIN: 116C029V01)

All Charges applicable shall be levied. This brochure should be read in conjunction with the Benefit Illustration. The policy document is the conclusive evident of contract and provides in details all the conditions and exclusions related to Bajaj Allianz Life Assure Plan. Please ask for the same along with the quotation.

Bajaj Allianz Life Insurance Company Limited,G.E. Plaza, Airport Road, Yerawada, Pune - 411 006.Tel: (020) 6602 6777. Fax: (020) 6602 6789. | www.bajajallianz.com

SMS LIFE 56070For any queries please contact:

BSNL/MTNL(Toll Free)

1800 22 5858

Other(Chargeble)

<Prefix City Code> 3030 5858

Any Mobile & Landline(Toll Free)

1800 209 5858

email: life@bajajallianz.co.in chat: bajajallianzlife.co.in/chat

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