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| Bajaj Allianz unveils ‘Bajaj Allianz Shield Plus’ | | | Early Times Report
Jammu, Jan 7
Bajaj Allianz Life Insurance today announced the launch of yet another innovative ULIP titled as Bajaj Allianz Shield Plus offering a minimum guarantee of 170% at maturity and upto 100 % allocation of the single premium paid.
The said product would be available from 11th Jan 2010, informed Sashi Krishnan, Chief Investment Officer, Bajaj Allianz Life Insurance who further added that the USP of Bajaj Allianz Shield Plus is the promise of a minimum of 170% at maturity in the Shield Plus Fund 1, which is declared at the beginning of the policy inception. ‘The risk profile is medium and the investment objective is to provide capital appreciation. This provides an opportunity to take advantage of the potential upside in the market as and when it happens,” he said
“Bajaj Allianz Shield Plus is one of the few ULIP products that offer a minimum guarantee of returns besides flexibility, protection and unique benefits of maximizing returns over a bank FD added Vishal Kapur, Divisional Manager, Bajaj Allianz Life Insurance.
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