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Allianz 222 Annuity provides the typical features of fixed index annuities including principal protection from market downturns, the potential for tax-deferred growth, options for lifetime retirement income, and a death benefit for your beneficiaries.
4. Surrender Value: The Policy can be surrendered provided three full years premiums have been paid. The guaranteed minimum surrender value in case of surrender before the due date of first survival benefit is 30 % of all premiums paid excluding the first year premium and the premiums for all additional benefits.
Many prospective customers may find it hard to trust an annuity firm, but the industry has put in place guidelines to evaluate these companies. Standard and Poors (SP), Moodys and A.M. Best are three such authorities, and each member of the trio has rated Allianz within the top 25% of their rankings.
For Bajaj Allianz life insurance login to our portal policybachat.com. If Need help bajaj allianz life insurance customer care number:1800 209 7272.
A policy acquires surrender value when the policy is in force and the mandatory lock in period is completed. Typically, a policy with three years of successful premiums paid acquires a surrender value. One can fi nd out the surrender value of the policy on the online portal of the insurance company.
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Our surrender process: Submit complete document to Allianz Life branch. Allianz receives document and process surrender. Surrender approved (Approved within 4 working days for standard cases) Surrender payout via e-Payment (Payout within 5 working days)
The surrender value of Bajaj Allianz Life insurance policy is calculated as a Single premium multiplied by 75% of the outstanding term to maturity/ total term.
Can I surrender my Bajaj Allianz policy online? You can Surrender Bajaj Allianz Life insurance policy online on our portal. Surrender value is the amount of premium refunded to the policyholder after a few years of premium payment. The surrender value is paid to the policyholder at the time of surrender.
Withdrawals can only be made payable and sent to the contract owner or financial institution for benefit of the contract owner. A new withdrawal form is required with each request. Original forms cannot be modified and resubmitted. For some contracts, withdrawals taken may be subject to an MVA adjustment.
Our surrender process: Submit complete document to Allianz Life branch. Allianz receives document and process surrender. Surrender approved (Approved within 4 working days for standard cases) Surrender payout via e-Payment (Payout within 5 working days)

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