Sure, please read below for Bajaj Allianz super saver policy details in brief.

Bajaj Allianz super saver is an endowment insurance plan where the sum assured along with accrued bonuses and guaranteed additions are paid to the policyholder. And in case of death, the same is paid to the nominee.

Features and benefits

• The sum assured and accrued bonuses and guaranteed additions (if any) are paid both in case of death or maturity.
• The minimum and maximum policy term is 10 and 30 years respectively. Similarly, the minimum and maximum premium paying term is 10 and 30 years respectively.
• While the minimum annual premium is Rs 1,055, there's no bar on the maximum amount of the same.
• The premiums have to be paid yearly.
• While the minimum sum assured is Rs 20,000, there's no bar on the maximum amount of the same.
• Death benefit - in the event of death of the policyholder, the sum assured along with accrued bonuses and other guaranteed additions (if any) will be paid out to the nominee.
• Maturity benefit - similarly, the same (i.e. The sum assured along with accrued bonuses and other guaranteed additions, if any) will be paid out to the policyholder.
• Accidental death benefit Rider - the plan comes with an in-built feature of accidental death benefit.
• Loan benefit - up to a maximum of 90% of the surrender value can be pledged to avail loan against this policy.

Eligibility

Individuals falling within the age group of 18 to 60 years are eligible to sign up for this plan.