Group Employee Benefit Plan - Bajaj Allianz

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Group Employee Benefit Plan3) Bajaj Allianz Life Insurance is only the name of the insurance company and Bajaj Allianz Group EmployeeBenefit Plan is only the name of the plan and does not in any way indicate the quality of the policy, itsfuture prospects or returns.4) Please know the associated risks and the applicable charges from your policy document or by consultingthe Company, your Insurance agent or your Insurance Intermediary.5) The investments in the Units are subject to market and other risks and there can be no assurance that theobjectives of the fund will be achieved.6) The past performance of other funds of the company is not necessarily indicative of the future performanceof any of these funds.Prohibition of Rebate: Section 41 of the Insurance Act, 1938No person shall allow or offer to allow, either directly or indirectly, as an inducement to any person to takeout or renew or continue an insurance in respect of any kind of risk relating to lives or property in India, anyrebate of the whole or part of the commission payable or any rebate of the premium shown on the policy, norshall any person taking out or renewing or continuing a policy accept any rebate, except such rebate as maybe 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 thatmay extend to five hundred rupees.Fraud & Misrepresentation: 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 yearsfrom the date on which it was effected, be called in question by an insurer on the ground that a statementmade 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 showsthat such statement was on a material matter or suppressed facts which it was material to disclose and that itwas fraudulently made by the policy-holder and that the policy holder knew at the time of making it that thestatement was false or that it suppressed facts which it was material to disclose.Why Bajaj Allianz Life Insurance?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. Thecomprehensive, innovative solutions combine the technical expertise and experience of the 123 years oldAllianz SE, and in-depth market knowledge and goodwill of “Bajaj brand” in India. Competitive pricing andquick honest response have earned the company the customer's trust and market leadership in a very shorttime.
Group Employee Benefit PlanDisclaimerBajaj Allianz Group Employee Benefit Plan is fund based Group Unit Linked Insurance Plan (ULIP). Investmentin 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 Group Employee BenefitPlan are the names of the company and the product respectively and do not in any way indicate the quality ofthe product and its future prospects or returns. All Charges applicable shall be levied. The policy document isthe conclusive evidence of contract and provides in details all the conditions and exclusions related to BajajAllianz Group Employee Benefit Plan.This sales literature should be read in conjunction with the Benefit Illustration. Please ask for the same alongwith the quotationContact DetailsBajaj Allianz Life Insurance Company Limited, G.E Plaza, Airport Road, Yerawada, Pune - 411006, Reg.No.: 116.,Fax: (020) 6602 6789, Visit: www.bajajallianz.com, BALIC CIN : U66010PN2001PLC015959For any queries please contact:BSNL/MTNL(Toll Free)Any Mobile & Landline(Toll Free)1800 233 7272 1800 209 5858Mail us : customercare@bajajallianz.co.inChat: bajajallianzlife.co.in/chatBEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERSIRDA clarifies to public that -• IRDA or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums.• IRDA does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along withdetails of phone call, number.For More Information: 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 withthe quotation.Bajaj Allianz Group Employee Benefit PlanUIN 116L104V02Bajaj Allianz Group Employee Benefit Plan is a Unit-Linked Insurance PlanInsurance is the subject matter of solicitation.BJAZ-PB-0416/3-Sep-14
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Group Employee Benefit Plan - Bajaj Allianz

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