Bajaj Allianz Young Assure Plans, Policy, Premium and Maturity Calculator - Jana Suraksha is a life insurance plan that helps you protect your childrens future. While there can be no compensation for the loss of life, Jana Suraksha ensures that their financial needs are met should something unfortunate happen to you.
Key Features - Bajaj Allianz Young Assure Child Plan and Policy:
- This is a purely online term plan
- It is a term insurance plan with Single Pay and Regular Pay premium paying options
- There is an inbuilt Terminal Illness Benefit under the plan
Eligibility Details - Bajaj Allianz Young Assure Child Plan and Policy:
Minimum Entry Age | 18 years |
Maximum Entry Age | 45 years |
Minimum Sum Assured | Rs 20000 |
Maximum Sum Assured | Rs 50000 |
Benefits - Bajaj Allianz Young Assure Child Plan and Policy:Tax Benefits
Section | Description |
SEC 10 (10)D | Maturity and Death Benefits are tax free under section 10 (10) D of the Income Tax Act, 1961. |
SEC 88 | Premiums paid by the employee are elegible for tax deduction under section 88. |
Jana Suraksha is a low cost life insurance plan which guarantees to pay a lump sum amount in case of your death during the term of the policy.You have the flexibility to choose from regular premium payments or single premium payment. In case of single premium payment, no further premium is payable. |
To provide financial protection to your dependents from the risk of your unfortunate death. |
Every one has been given opportunity to take the benefit of this plan because under this plan no medical test is required. |
Bajaj Allianz Child Life Insurance Plans, Policy, Premium and Maturity Calculator |
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