Product Proposal for securing your Life Goals

Bajaj Allianz Life

eTouch
A Non-Linked, Non-Participating, Individual Life Insurance Term Plan
UIN: 116N172V03

Hi Mr. Rushikesh Dipak Pingale,

Congratulations on taking the first step towards securing your Life Goals with Bajaj Allianz Life Insurance.

You have opted for Bajaj Allianz Life eTouch , a term plan, which provides:

Key Features

Shield for your Extra payout option in Option to get back your Premium Holiday Early Exit Tax Benefits
life to cover case of death total premiums paid as option option
Death & Terminal Illness due to accident Maturity benefit

The key features mentioned above are dependent upon variant chosen
 Here's your illustration of Bajaj Allianz Life eTouch (Life Shield)
Premium Payment Term ^
(10 years)

Age 25 35 58

Life Insurance Cover throughout Policy Term

(33 years)

You Pay You Get

Premium Life Insurance Cover ₹ 1,00,00,000
Including discounts (if any) and excluding GST From age 25 to 58

First year ₹ 11,917 Yearly Payable as

Second year onwards ₹ 14,056 Yearly Lumpsum ₹ 1,00,00,000
Monthly Instalments ₹0
(for 60 months)

First Year Premium Discounts ( signifies Applicable | signifies Not-applicable )

Salaried Discount Insurance for All Discount

(5%) (5% discount for first time life insurance buyers)

Additional Coverages ( signifies Opted | signifies Not-opted )

Terminal Illness Benefit Accidental Death Benefit Premium Holiday Option

Early Exit Option Waiver of Premium Benefit Return of Premiums on Maturity

During Premium Payment Term

2
^P r emiums ar e payable at the beginning o f year . P r o duc t featur es mentio ned abo ve ar e dependent o n benefit c ho s en.
P r emiums /Benefits ar e dependent o n the P o lic y ter ms , P r emium payment ter ms availed alo ng with o ther var iable fac to r s .
T he abo ve benefi ts /r etur ns s ho wn in the do c ument ar e fo r illus tr ative pur po s e o nly & mus t be r ead in c o njunc tio n with the Benefi t Illus tr atio n. Fo r mo r e details o n r is k
fac to r s , ter ms and c o nditio ns pleas e r ead s ales br o c hur e & po lic y do c ument (available o n www.bajajallianzlife.c o m) c ar efully befo r e c o nc luding a s ale.Tax benefi ts as per
pr evailing Inc o me tax laws s hall apply. P leas e c hec k with yo ur tax c o ns ultant fo r eligibility.
 Why Bajaj Allianz Life

Total Asset Under Net Worth Number of Lives

Managment (AUM) Covered

Individual Claim Get 1 day claim As against IRDAI

settlement Ratio Approval mandated 150%

*All figures as on 31 March 2023

For more details please refer to Company Factsheet
https://www.bajajallianzlife.com/content/dam/balic/pdf/financialinformation/Factsheet/none/Q1/Factsheet-FY-2022-2023.pdf

3
Bajaj A llianz L ife Insurance Co.L td., CIN : U66010P N 2001P L C015959 | IRDA I Reg.N o. 116 BEW ARE OF SPURIOUS PHONE CALLS AND FICTITIOUS /
Mail us: customercare@bajajallianz.co.in | Call on: T oll free no. 1800 209 7272 FRADULENT OFFERS -
Registered O ffice A ddress: Bajaj A llianz House, A irport Road, Yerawada, P une - 411006, IRDAI is not involved in activities like selling insurance policies,
Maharashtra announcing bonus or investment of premiums. Public
T he L ogo of Bajaj A llianz L ife Insurance Co. L td. is provided on the basis of license given receiving such phone calls are requested to lodge a police
by Bajaj Finserv L td.to use its "Bajaj" L ogo and A llianz SE to use its "A llianz" logo. complaint.
Quotation No : 50048052498

Bajaj Allianz Life eTouch

A Non-Linked, Non-Participating, Individual Life Insurance Term Plan

Name of the Prospect/ Rushikesh Dipak Pingale Name of the Product: Bajaj Allianz Life eTouch
Policyholder: A Non-Linked, Non-Participating,
Tag Line:
Age (Years): 25 Individual Life Insurance Term Plan
Policyholder's Gender: Male Unique Identification Number: 116N172V03
Name of the Life Assured: Rushikesh Dipak Pingale GST Rate(First Year): 18.00%
Age (Years): 25 GST Rate(2nd Year onwards): 18.00%
Life Assured's Gender: Male Tobacco User: No
Policy Term (Years): 33 Premium Category: Medical
Premium Payment Term 10
(Years):
Amount of Instalment 14,062
Premium (Rs.):
Mode of Payment of Yearly
Premium:

This benefit illustration is intended to show year-wise premiums payable and benefits under the policy.
Policy Details
Variant Life Shield Sum Assured (Rs.) 1,00,00,000

Death Benefit Payment Option 100% Lump Sum Payout Sum Assured on Death (at 1,00,00,000
inception of the Policy) (Rs.)
Premium Holidays 0

Premium Summary
Base Plan Total installment Premium
Installment Premium without GST 14,056 14,056
Online/Web Aggregator Discount 851 851
Salary Rebate, If available 660 660
Insurance for All Discount, If available 627 627
Geographical Extra 0 0
Installment Premium without GST after 11,917 11,917
discounts, if applicable
Installment Premium with GST after 14,062 14,062
discounts, if applicable (First Year only)
Installment Premium with GST 2nd Year 16,586 16,586
Onwards

(Amount in Rupees )
Sum Assured on death will be payable as
Lump Sum Rs.1,00,00,000

W.X.X.A.S
Quotation No : 50048052498

Benefit Summary (Amount in Rupees)

Guaranteed Non Guaranteed

Policy Year Annualised Guaranteed

Premium Accidental Death Surrender Value
Survival Benefit Maturity Benefit Death Benefit Benefit (GSV)/ Early Exit Special Surrender Value (SSV)
Value

1 11,917 0 0 1,00,00,000 0 0 0

2 14,056 0 0 1,00,00,000 0 0 0

3 14,056 0 0 1,00,00,000 0 0 0

4 14,056 0 0 1,00,00,000 0 0 0

5 14,056 0 0 1,00,00,000 0 0 0

6 14,056 0 0 1,00,00,000 0 0 0

7 14,056 0 0 1,00,00,000 0 0 0

8 14,056 0 0 1,00,00,000 0 0 0

9 14,056 0 0 1,00,00,000 0 0 0

10 14,056 0 0 1,00,00,000 0 20,172 40,345

11 0 0 0 1,00,00,000 0 18,456 36,913

12 0 0 0 1,00,00,000 0 16,817 33,633

13 0 0 0 1,00,00,000 0 15,253 30,506

14 0 0 0 1,00,00,000 0 13,766 27,532

15 0 0 0 1,00,00,000 0 12,355 24,710

16 0 0 0 1,00,00,000 0 11,020 22,041

17 0 0 0 1,00,00,000 0 9,762 19,524

18 0 0 0 1,00,00,000 0 8,580 17,160

19 0 0 0 1,00,00,000 0 7,474 14,948

20 0 0 0 1,00,00,000 0 6,444 12,889

21 0 0 0 1,00,00,000 0 5,491 10,982

22 0 0 0 1,00,00,000 0 4,614 9,228

23 0 0 0 1,00,00,000 0 3,813 7,627

24 0 0 0 1,00,00,000 0 3,089 6,178

25 0 0 0 1,00,00,000 0 2,441 4,881

26 0 0 0 1,00,00,000 0 1,869 3,737

27 0 0 0 1,00,00,000 0 1,373 2,746

28 0 0 0 1,00,00,000 0 953 1,907

W.X.X.A.S
Quotation No : 50048052498

Benefit Summary (Amount in Rupees)

Guaranteed Non Guaranteed

Annualised Guaranteed
Policy Year Premium Accidental Death Surrender Value
Survival Benefit Maturity Benefit Death Benefit Benefit (GSV)/ Early Exit Special Surrender Value (SSV)
Value

29 0 0 0 1,00,00,000 0 610 1,220

30 0 0 0 1,00,00,000 0 343 686

31 0 0 0 1,00,00,000 0 153 305

32 0 0 0 1,00,00,000 0 38 76

33 0 0 0 1,00,00,000 0 0 0

Notes:
1 The main objec ve of this benefit illustra on is that the policyholder is able to understand the features of the product and the nature of
benefits under different circumstances like survival, death & surrender.
2. The above informa on must be read in conjunc on with Sales Literature & Policy document. In case of any conflict between this benefit
illustration and your policy document, the latter shall prevail.
3. The Death Benefit is payable on the earlier occurrence of death or diagnosis of Terminal Illness of the Life Assured. On diagnosis of Terminal
Illness, maximum benefit payable is Rs 2 crores
4. The Annualised Premium is exclusive of taxes, underwriting extra premium and loadings for modal premiums if any
5. In case the Life Assured is diagnosed with Accidental Total Permanent Disability or Terminal Illness during the policy term, all future
premiums shall be waived
6. The benefits illustrated are as of at end of the year.
7. Early Exit value shall not be available if Life Stage Upgrade Sum Assured has been taken in the policy or Life Shield ROP variant has been
selected.
8. Premium Holidays can be exercised as per policy terms and conditions. Please refer to the Sales Literature or Policy Document for details
9. Tax benefits under the policy will be as per the prevailing Income Tax laws. We recommend that you seek professional advice for
applicability of tax benefit on premiums paid and benefits received.
10.For any further clarification, contact our sales representative or e-mail us on customercare@bajajallianz.co.in

I , , have explained the premiums, charges and benefits under the I, Rushikesh Dipak Pingale , having received the informa on with
policy fully to the prospect / policyholder. respect to the above, have understood the above statement before
entering into the contract.

Place:
Date: Signature of Agent/ Intermediary/ Official Date: Signature of Prospect / Policyholder
Bajaj Allianz Life Insurance Company Limited
GE Plaza, Airport Road, Yerawada, Pune - 411 006
Tel:(020) 66026777.
Email: life@bajajallianz.co.in
www.bajajallianz.com

W.X.X.A.S