| The cash fund also comes with a guarantee that the value of units in the fund will not go down. |
| UnitGain is a flexible unit-linked plan, where the customer can change the sum assured during the term of the policy to match their changing life insurance requirements during their lifetime. |
| It also offers a premium holiday feature, where the policy is kept in force when premiums are not paid so that there are enough units to cover charges. |
| It also allows for paying additional premium through single premium top-ups, as well as increasing the level of regular premium in later years. |
| The facility of cash withdrawal allows the policyholder to take out cash from the policy as per the requirement. |
| The customer has flexibility in selecting the funds of choice and there is scope for managing the investments in the funds through fund switching. The fund allows for 3 switches free of cost every year. |
| The additional benefits of the plan are accidental death benefit, accidental permanent total/ partial disability benefit, critical illness benefit and hospital cash benefit. The company currently offers a choice of 8 individual life products. |
| Allianz Bajaj Life Insurance is the fastest growing private sector life insurance company and clocked over 300 per cent growth in annualised new business premium in the first 9 months (April-December) of this fiscal. |
| The new business premium income of the company between April to December 2003 rose to Rs 100 crore from Rs 33 crore in the corresponding period last year. |
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