Bajaj Allianz introduces Fortune Plus with zero surrender charges

Company Brief

New Delhi, August 19, 2008

Bajaj Allianz Life Insurance announced the launch of “ Bajaj Allianz Fortune Plus- A wealth creating ULIP which takes care of all your investment requirements”. This is one of the First ULIPs in the market, which offers Zero Surrender Charges and high allocation from day one, which is now available at affordable premiums to masses starting at Rs 15,000 per annum only.

Kamesh Goyal, Country Manager Allianz and CEO Bajaj Allianz Life Insurance at the launch of Bajaj Allianz Fortune Plus was very pleased to introduce this new wealth creating ULIP and commented “This is the best investment plan for the Indian Masses, it provides unmatched flexibility, high allocation, zero surrender charges and un-limited top-ups”. He also said “we add value to customer portfolio by providing extra allocation for their continued loyalty with us in this product and enable them to create a personal wealth for themselves and their family. We also provide continued participation in investment even if our customers are unable to pay regular premiums”.’

Adding spice to the Zero Surrender Charges this product also offers ‘Asset Allocation Fund’ wherein Bajaj Allianz Life Insurer’s professional Fund Managers hedge market instruments to maximize your returns.

Key Benefits of Bajaj Allianz Fortune Plus:

* A high wealth creation tool offering more than 100% premium allocation for policy term 10 yrs and above

* Best Value for Money ULIP – with the Lowest charges amongst the category

* Available for 3 terms also of 10, 15 and 20 years

* Offers the flexibility of UNLIMITED Top Ups

* Zero Surrender Charges

* Option to increase or decrease premium on a regular basis.

* Offers advantage of additional rider benefits, UL Waiver of Premium Benefit and UL Family Income Benefit, making it the best financial planning tool for your child’s future.

* ‘Asset Allocation Fund’, our new fund offering wherein our professional Fund Managers hedge all your fears of not being able shift your funds from Equity to Debt and Debt to Equity during averse Market Conditions

* Continued participation in investment performance of the fund(s) even if you are not able to pay 3 full years premium

* Flexibility of withdrawals (partial or full) at any time after three years

For further, information, please contact:

Corporate Voice|Weber Shandwick

Rhea D’Souza

Mobile: +91 9820123887

Email: rhea@corvoshandwick.co.in