New Risk Care is an insurance policy that offers excellent financial security to the family members of the insured .The policy offers strong financial shield so as to keep all the difficulties away from the insured’s family member.
Features and benefits of New Risk Care:
• Bajaj Allianz Life Insurance offers you two modes of payments through which you can make the payment of premium. One is the single premium in which the premium needs to be paid at once and the other one is the regular annual premium in which the premium need to be paid every year.
• Death benefit is also there in this policy in which the beneficiary of the policy would be getting the sum that has been assured in case of an uncertain death of the insured.
• The minimum entry age of this policy is 18 years and the minimum term of this policy is 5 years. The minimum sum that is to be assured in this policy is Rs. 4lac.
• The policy is also very flexible; it offers premium payment options that are yearly, monthly, quarterly and half-yearly.
• Tax benefits are also offered in this policy where the sum that has been paid as premium is eligible for tax deductions as per the various provisions of the Indian income tax act, 1961.
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