Mar 07, 2007 11:07 AM
5177 Views
Recently I have taken good insurance product from Bajaj Allianz. It about their new Capital Gain policy. Before taking this policy I compare similar product in market in ICIC Prudential, Met life etc. and found this I s a good product.
Iinvest minimum 10, 000 k for three years then your life will be covered for 70 years(of your age).
By default for age of 30 they will life cover of 2 lakh
This can be pushed up to 8.5 lakh with out increase in premium.
It works with mortality charges as recomended by IRDA
In this product the expense for the first year they cut is only 5%. then for second year it is 4%
and 3% for 3 rd year. After wards it is 1%.
The entry age for this product is 0 years to 50 years
life cover is upto 70 years.
This policy itself can be closed and all moeny after fees can be taken back.
the return can be optimised by carefully and cleverly invest in their five investment avenues.
Protector,
Balancer
Maximiser
Mid Cap fund
