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Bajaj Allianz launches Unique Unit gain Plus Sp Plan
11/10/2006 11:25:48 PM

Jammu
Spurred by the excellent response to its unit linked products, Bajaj Allianz Life Insurance, today launched a unique Unit Gain Plus SP plan that is simple, flexible and transparent ensuring the right deal in todays ULIP market..
Jitender Kaushik, state manager, Bajaj Allianz Life Insurance Company said, With this launch, we will provide high allocation and offer our customers the flexibility to manage their own investment s actively based on their changing financial needs .He further said that the Unit Gain Plus SP empowers the customers the flexibility to select any term, starting from 5 years, he could withdraw the money after 3 years. The Plan structure is also ideal for the customers above the age 50 years to avail tax benefits and get adequate insurance cover. Unit Gain Plus SP Gives a choice of 4 active funds, Equity Index Fund II, Equity growth Fund, Bond Fund and Liquid Fund.
He further said that at present we are operating from 13 locations in J&K which include Srinagr, Jammu, Rajouri, Doda, R.S.Pura, Anantnag, Pulwama etc. Our Major competitor in Jammu and Kashmir state is L.I.C(Life insurance corporation)and last year we did the Business of over 40 crores and are expecting to cross100 crores this financial year. At present ,we are having 4000 consultants besides 180 sales Managers working in different areas of the state. In the month of December, we are launching one more scheme for the benefit of our esteemed customers, he added. Others who were present on the occasion include Jitendar Khurana,state operation incharge, Vikas Magotra, Dy. Area Manager, Kuldeep Singh, Sr. Area Manager and Ajay Vaid, Sr. Relationship Manager.
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