Bajaj Allianz Life launches new product

KOLKATA: Bajaj Allianz Life Insurance has launched a new one-time payment plan here.

The 'UnitGain Plus SP' plan offers uniform allocation of 98 per cent across all premium slabs, the company said in a release.

"With this launch, we will provide high allocation and offer our customers the flexibility to manage their own investments actively based on their changing finanical needs, be it maximum cover," CEO Sam Ghosh said.

The minimum single premium would be Rs 25,000 and a five year term. A customer would be able to choose from four investment plans based on the risk appetite.