Kolkata: Bajaj Allianz launches UnitGain Plus SP

Kolkata, Nov 11: Bajaj Allianz Life Insurance has launched a unique UnitGain Plus SP plan in Kolkata.

An official company release said here today the UnitGain Plus SP is a powerful investment plan that provides opportunity to make one-time payment and enjoy potentially high returns, without compromising on the protectioin of the family.

It said this single premium product with a high allocation of 96 per cent up-front is ideal to park any windfall gain. Unlike most other products in this segment, with a graded allocation, UnitGain Plus SP furnishes uniform allocation across all premium slabs.

These twin benefits of protection and investment can be purchased with a Single Premium as low as Rs 25,000.

Commenting on the new plan, company Chief Executive Officer Sam Ghosh said "With this launch, we will provide high allocation and offer our customers the flexibility to manage their own investments actively based on their changing financial needs." UnitGain Plus SP empowers the customers with the flexibility to select any term starting from 5 years. One can withdraw the money (partiality or fully) after 3 years, without any surrender charge.

It said with an allocation as high as 98 per cent that is available only in case of top-Ups, UnitGain Plus SP plan is ideal to park any windfall gain, it added.

UNI