Child Gain of Bajaj Allianz Life Insurance is an insurance policy that has been planned to offer financial security to a child so as to allow him or her to have a wonderful future. In short, this policy has been meant to offer financial security to a child’s future.
This insurance plan is known to offer wide varieties of solutions so that the parents can secure the future of their child in a correct way. The solutions that are offered here is Child Gain 21, Child Gain 21 Plus, Child Gain 24 and 24 Plus.
Some of the features and benefits of Child Gain of Bajaj Allianz Life Insurance are as follows:
- This policy the premiums of the future are waived in case of an uncertain death of the parents. This benefit is available only in case of death or permanent disability.
- Family income benefit is also available here in this policy in which 1(%) per cent of the sum that has been assured in the policy would be paid to a family in each month. This benefit can only be availed in case of death or total disability.
- This policy even allows the insured to make a purchase of yet a different insurance policy at the maturity. In this case the insured is offered with the choice of making a purchase of another profit endowment or an equivalent plan from Bajaj Allianz.
In this policy the insured would be permitted to have this policy for 15 days so as to go through all the terms and conditions of the policy. This 15 day period is referred as the free look period. If the customer is not happy with the terms of the policy then they must refund the policy within that stipulated period. The premium that has been paid would be refunded after making certain deductions.
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