lcbta.blogg.se - Birla sun life insurance online premium payment

The Total Fund Value as of the date of surrender is paid in full if the insured terminates or surrenders his plan after five years have passed.

Invest a portion of the death benefit in a Bajaj Allianz annuity plan.Ī grace period of 15 days is given if the insured fails to pay his monthly premiums on time, and a grace period of 30 days is given if the insured fails to pay his other premium payments.Ī surrender value over the plan is automatically enabled after five years of participation.

Pay the entire death benefit in one lump sum.

The nominee may put the death benefit to use in any of the following ways:.The Guaranteed Death Benefit is equal to 105% of all premium and top-up payments made up to the time of death.

If the life assured passes away before the date of vesting, the nominee will receive the Guaranteed Death Benefit that is highest relative to the Fund Value as of the date of the death notification.Listed below are the important features and benefits of the Bajaj Allianz Retire Rich. Package Policy (Home Insurance, Shopkeeper Insurance and Office Insurance ).