Offers dual benefits in terms of making additions to ones wealth as well as offering insurance benefits along
with guaranteed loyalty additions on regular premium payments.
As maturity benefit, a person will receive the fund value as on date (
including guaranteed loyalty additions) or guaranteed maturity benefit of 101 % of the total premiums paid, whichever is higher.
Additionally, Bajaj Allianz Principal Gain plan
offers guaranteed loyalty additions at maturity and allows you to receive maturity benefit in instalments via the settlement option.
On survival till maturity, the policyholder receives: Sum Assured on maturity (SAM) +
Guaranteed Loyalty Additions on Maturity + Large Premium Benefit, if applicable.
The Wealth Protect Plan from Future Generali Life Insurance
provides guaranteed loyalty addition at maturity in addition to fund value in addition to a high cover that can be up to 30 times the annual premium amount.
Offers 3 guaranteed benefits: Guaranteed money back during the last five policy years,
guaranteed loyalty additions up to 40 % of sum assured, guaranteed maturity addition up to 20 % of sum assured at maturity of the policy
Guaranteed Loyalty Additions at 3 % of the average Fund Value over the last 3 years is paid from the end of the 10th policy year and every 5 years thereafter.
The plan offers 101 % of premiums paid as returns even if the market sees a slowdown and offers
a guaranteed loyalty addition for those who stay invested till the maturity period.
Its plan offers 101 % of the premiums paid as returns and offers
a guaranteed loyalty addition if one chooses to be invested till maturity period
Death Benefit — The nominee receives Maximum of double the Sum Assured or 10 times of annualized Premium or 105 % of Premiums paid and Accrued
Guaranteed Loyalty Additions (if any).
Maturity Benefit — Maturity Benefit is available under these benefits — Sum Assured,
Guaranteed Loyalty Additions, and Guaranteed Maturity Addition.
A benefit which is
the Guaranteed Loyalty Additions @ (term / 2) % of Sum Assured is paid on maturity or death
When the policy matures, the policyholder receives the Fund Value plus
Guaranteed Loyalty Additions as Maturity Benefit.
Guaranteed Loyalty Additions are available as a percentage of the first year Annualized Premium, and is payable on maturity of the policy.
Guaranteed loyalty addition of 0.1 % per annum as a percentage of unit fund added at the end of every month anniversary in case fund value is 10 crores and above.
In case you have invested in multiple funds,
guaranteed loyalty additions will be added to each fund in the same proportion as the fund value in each fund bears to the total fund value.
Additional units to be added to the fund from the end of 11th policy year to increase Your Fund With Guaranteed Loyalty Additions
Guaranteed loyalty additions will be 3 % of the average fund value in the investment account over the last 36 months preceding the loyalty allocation date.
Guaranteed Loyalty Additions as a percentage of average of last 60 months of fund value are added at the end of 10th policy year and thereafter every 5 years till the maturity of the policy.
It also has
guaranteed loyalty additions that are payable only if the life insured is alive and all due premiums have been paid.
Guaranteed Loyalty Addition is paid one time at maturity and is calculated as a % of base SA and the rate depends on the PPT
The Maturity Benefit is Guaranteed Maturity Benefit (GMB) plus
Guaranteed Loyalty Additions (GLA) plus Vested Bonus (VB) plus Interim Bonus (IB), if any, plus Terminal Bonus (TB), if any.
Accrued
Guaranteed Loyalty Additions of up to 315 % of Guaranteed Maturity Benefit, depending on the premium payment term chosen
Guaranteed Loyalty Additions: Every year correspond to the policy year like 1 % in 1st year, 2 % in 2nd year, 3 % in 3rd year and so on Guaranteed Loyalty Additions shall be applicable.
The Guaranteed Loyalty Additions under the plan shall accrue @ 2 % of the Sum Assured under the Basic Plan or Paid - Up Sum Assured at the end of every plan year, given that the plan is not yet surrendered or lapsed.
Along with Tax benefits under section 80 C and 10 (10D), this plan also provides a «
Guaranteed Loyalty Additions (GLA)» which depends upon policy term, premium, premium paying term, gender of the life assured and entry age.
On maturity, the Guaranteed Maturity Benefit along with
the Guaranteed Loyalty Additions, vested bonuses, interim bonus and any Terminal Bonus is paid
Guaranteed Loyalty Additions and Guaranteed Wealth Boosters — The customer will enjoy Guaranteed Loyalty Additions and Guaranteed Wealth Boosters to further enhance their Fund Value.