This is a unit linked whole life plan, which can take care of ongoing and future family expenses. It can also take care of unforeseen expenses like accidents, illnesses, hospitalization (subject to conditions) and security to family.

The premium can be paid for a period of 10 or 15 years with protection for whole life. The premiums paid are invested in Life Long Gain Fund (based on the allocation rate) and units are allocated depending on the offer price of units for the fund. The value of your policy is the bid value of units that you hold in the fund. The policy holder's unit account will be subject to deductions of changes as specified in the policy conditions. The value of the units in the unit fund may increase or decrease depending upon the investments return of assets representing the chosen fund.

Death benefit: In case of unfortunate death, the beneficiary will receive greater of (a) sum assured (SA) less partial withdrawals (b) the bid value of units.

If the age of the insured person is less than 7 or above 70 yrs, then the bid value of units is paid.

Guaranteed survival benefit (GSB): Guaranteed survival benefit is payable under the policy. Bajaj Allianz life insurance will pay by cancellation of units in the account of the policy, 3% of the sum assured every year after the premium payments are over till the termination of the policy. This amount is payable every year provided all premiums have been paid and no partial withdrawals are affected. If any partial withdrawals were made, the GSB would be 3% (sum assured less partial withdrawals) for the subsequent policy years. If partial withdrawals made are equal to SA, then the GSB will be nil, and funds in the account will be available to you for full/partial withdrawals as and when you need them.

Maturity benefit: On the life assured attaining age 100, the bid value of units in the fund will be paid out and the policy will terminate.

Full withdrawal: Life Long Gain offers you the flexibility of full withdrawal by surrendering all units anytime after 3 full year's premiums are paid. The full withdrawals are paid out of the bid value of units. On full withdrawal, the policy will terminate.

Partial withdrawals: Life Long Gain allows you to make partial withdrawals any time after all premiums are paid. This gives you the liquidity and option to take additional money over and above S.B. as and when required.

Additional Benefits: Options are available for accidental death benefit, accidental permanent total/partial disability benefit, critical illness benefit, hospital cash benefit, on payment of extra charges.

Min & Max age is 0 to 60 years. (Risk commences from 7 and ceases after 70 years). Max. premium ceasing age is 70. Premium paying term is 10 & 15 years. Minimum and maximum age for additional benefits is 18 & 50. Additional benefits coverage is available up to the end of premium paying term or age 65, whichever is lower.

Premium can be paid by yearly, half yearly and monthly. Monthly is allowed under salary deduction scheme. Minimum premium for yearly Rs.10,000, half-yearly Rs.5,000, quarterly Rs.2,500 and monthly Rs.1,000.