Bajaj Allianz Life Future Wealth Gain - Features, Benefits & Review

Bajaj Allianz Life Future Wealth Gain Plan is a unit-linked insurance plan (ULIP) that is oriented towards fulfilling your specific investment goals.

Features

• ULIP offers two investment portfolios options 
• Investor Selectable Portfolio Strategy
• Wheel of Life Portfolio Strategy

• Two variants of the plan 
• Wealth Plus
• Wealth Plus Care

• Wealth Plus Care plan variant has an additional Accelerated Cancer Cover (which is applicable if the policyholder gets diagnosed with cancer) and an Income Benefit (if the policyholder dies or is diagnosed with cancer when the policy is active).
• Higher sum assured
• Maturity Benefit payable on maturity of policy based on Regular Premium Fund Value + Top-up Premium Fund Value.
• Death Benefit payable to the nominee. 

Applicable if the policyholder passes away before policy maturity and all due premiums before death is fully paid.

The death benefit to be higher of:

• The sum assured + top-up sum assured (if any), or, 
• Policy fund value on the date of intimation about death received by the insurer

Benefits

• Loyalty additions are available from the 10th policy year, which is a percentage of the annualized premium taken after the end of every 5th policy year.
• On maturity, the insured can increase their fund value by adding fund boosters.
• Instalment option available for availing maturity benefit by opting for the settlement option. Maturity Benefits will be payable for 5 years on a monthly/quarterly/half-yearly/yearly basis.
• Various policy terms allowed to suit your financial needs.