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Sum assured is a fixed sum amount that the Bajaj Allianz Life Insurance Company agrees to pay to the insured or the nominee in case an unexpected event happens to an insured or end of the policy term. The sum assured value of Bajaj Allianz Life Insurance can be calculated online easily using the Human life value calculator by entering details such as age, income, current, and future expenses estimation, and other details. It will give you an estimation of the sum assured required to cover your family's needs.
To download a Bajaj Allianz life insurance policy statement, you typically need to follow the below steps.
Bajaj Allianz Life Insurance Company offers a free-look period during which the policyholder can cancel the policy if they are not satisfied with the terms and conditions and receive a refund of premiums paid. The free-look period is usually 15 days to 30 days from the date of receiving the policy document.
To check the surrender value of a Bajaj Allianz life insurance policy, you can follow the below steps:
The fund value in Bajaj Allianz Life Insurance refers to the current monetary worth of your investments within a unit-linked insurance plan (ULIP). The fund value varies based on the performance of the investment funds you have chosen within your policy.
Fund switch in Bajaj Allianz Life Insurance refers to the option available to policyholders to reallocate or transfer their investments from one fund option to another within their unit-linked insurance plan (ULIP). This allows policyholders to adjust their investment strategy to align with their changing financial goals and risk tolerance.
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