1. Very less Premium Allocation Charges than any other corporates
2. Best returns on the investment
3. Partial with drawls after 3 years
4. Less mortality charges
5. income tax exemption for premiums and also for returns.
6. Top up facility
and the list goes on..
Premium allocation charges by other companies ranges from 20 to 45% of your premium. For example, allocation charge in Lic 26.5%, ICiCi, relainace 20%, which will eaten up your capital considerably. But in Bajajs CUG allocation charge is only 5%
if you want to invest in Icici's plans there is no top up facility available. And in Bajaj Allianz, charges on Top up are about 2% only!!!..
Less charge on foreclosure is another advantage.
And they also avail;able in referral scheme where in you get paid for referring your friends.
Fact is, the product is very good in all terms. Try for yourself. I'm not an insurance advisor but I invested in the Capital unit gain plan after reviewing almost 25 ULIP Plans by 6 different companies.
There is some channel partners who will pay you referral bonus on your investment as well as on referrals made by you.
Their product brochure mentions all the terms and conditions very clearly. no hide and seek.
Check out Outlook Money 31st Jan 2007 Edition page no. 66(cover page title "The Rupee Stretchers") and compare yourself!!!
What's more?..
You can create your profile and check your statement online!!... Once you register, you can switch between different funds online!! Wonderful.
Anything more?..
Yes, when you invest in Bajaj allianz ULIPs through their channel partner, you will get a chance of additional bonus. which will form an addl pipe line to your earnings!!. You can have additional earning opportunity up to Lakhs.. Croreswith the channel partner! Sound interesting?
which is the best company to buy ulip insurance plan?