Bajaj Life - Century Plus Plan - Accelerator Mid Cap Fund

NAV on (24 Apr 2026)

133.6327

Objectives

Bajaj Allianz CenturyPlus offers you a limited premium payment term option and a unique combination of protection and prospects with attractive returns. With 98% allocation in first 2 years and 100% thereafter, we ensure that your investment income gets accelerated and you reap benefits from a plan that delivers prosperity and happiness to you.

Features

Key features of Bajaj Allianz CenturyPlus:
1. Guaranteed life cover of sum assured plus fund value.
2. Get full 100% allocation to your funds from the 2nd policy year onwards.
3. Guaranteed Addition to enhance your fund value every year from the 6th policy year.
4. Choice of 2 investment portfolio strategies to manage your investments better. Offering the special Wheel of Life portfolio strategy, which will help you to balance and safeguard your investment.
5. Also if you want to manage the mix of assets for your policy on your own, you have a choice of 7 investment funds, with complete flexibility to switch money from one fund to the other, to manage your investments better.
6. Get the option of limited premium payment ranging between 3 to 10 years.
7. Your policy continues to participate in the investment performance of the fund(s) even if you discontinue premiums in the first three policy years.
8. Flexibility of unlimited number of partial withdrawals at any time after 3 years from commencement of the policy, provided 3 full years premiums are paid.
9. Flexibility to decrease your regular premium at any policy anniversary, to suit your changing needs.
10. At maturity, you can take your fund value in a lumpsum or as periodic instalments spread over a maximum period of 5 years.11. A host of optional additional rider benefits which include assurance to your family with accidental death benefit and accidental permanent total/partial disability benefit.
12. Option to pay unlimited Top-up Premiums anytime during the tenure of your policy, to further enhance your savings.units. The Fund Management Charge is adjusted in the unit price.

Benefits

Death Benefit
1. The Death Benefit will be the "Sum Assured in respect of regular premium and Top-up Premium (if any) plus the fund value in respect of regular premium and Top-up Premium (if any)''.
2. If three years regular premium has not been paid and the policy has lapsed, then death benefit will be the fund value in respect of regular premium and Top-up Premium (if any).
Maturity Benefit
On maturity, the fund value in respect of regular premium and Top-up Premium (if any), will be paid.
Surrender Benefit
1. The surrender value of the policy will be equal to the fund value less surrender charge, if any.
2. Your fund value shall be determined on the basis of the unit price as applicable on the date of receipt of written request to surrender the policy. However, if no such request is received, then surrender value shall be based on the fund value as on date of termination of the policy.
3. After three years from the date of commencement of the policy, you have the option to avail of surrender benefit by complete surrender of units at any point of time.
Additional Rider Benefits available
The following additional rider benefits in the form of riders can be availed of at the option of the policyholder.
1. UL Accidental Death Benefit Rider (UL ADB)
2. UL Accidental Permanent Total/ Partial Disability Benefit Rider (UL APTPDB)
(Please refer to the Additional Rider Benefits brochure for more details.)

Entry Age Details

Minimum Age at Entry:8 years
Minimum age at entry for all riders is:18 years
Maximum Age at Entry:60 years
(50 years in case of all Additional Rider Benefits)

Premium Payment Term

Premium Payment Term:
You have the flexibility to select any premium paying term ranging between three to ten years.Minimum Premium Paying Term : 3 years
Maximum Premium Paying Term : 10 years

Top-up Premium

Flexibility. to pay Top-up Premiums:
1. We offer you the flexibility to pay unlimited top up premiums at any time during the policy term, provided all due regular premiums have been paid.
2. The amount of Top-up Premium paid shall determine the top up sum assured. At the time of making any payment of top up premium, you may, in writing, choose the level of top up sum assured, from amongst the available choice, which is between 1.25 times to 5 times of the Top-up Premium paid. (The default choice always being 1.25 times the Top-up Premium paid).
3. You may also choose to have no risk cover for the Top-up Premium paid, in which case the top up sum assured will be the same as the Top-up Premium/s paid, provided the total amount of top up premiums paid, or proposed to be paid, does not exceed 25% of the regular premium paid till date.
4. If, at any time, the total amount of Top-up Premiums paid or proposed to be paid exceeds 25% of the regular premium paid till date, the top up sum assured will be between 1.25 times and 5 times (as notified by you in writing to us) of the portion of Top-up Premium exceeding 25% of the regular premium paid till date.
5. We may ask you to undergo any medical examination to verify your health.
6. The minimum Top-up Premium payable is Rs. 5,000, subject to our right to increase this minimum amount from time to time, subject to prior approval from IRDA.
7. The increase in the Top-up Premium sum assured will not impact regular premium benefits or additional rider benefits.
8. There would be a 3-year lock-in period on the Top-up Premium, except for the Top-up Premium paid in the last three years of the contract. The lock-in on Top-up Premium shall apply from the date of payment of each Top-up Premium.

Sum Assured Details

Minimum / Maximum Sum Assured : 5 times Annualized Premium

Investment Details of the Plan

Investor Selectable Portfolio Strategy:

If you want to allocate your premiums based on your personal choice and decision, you can opt for this strategy. You have a choice of seven (7) investment funds to make, as given below.

Funds	Investment Objective	Asset Class			Risk Profile
Funds	Investment Objective	Bank Deposits,Money Market Instruments*	Equities*	G Secs, Bonds, Fixed Deposits*	Risk Profile
Equity Growth Fund	To provide capital appreciation through investment in selected equity stocks that has the potential for capital appreciation.	0% - 40%	60% - 100%	-	Very High
Accelerator Mid-Cap Fund	To achieve capital appreciation by investing in a diversified basket of mid cap stocks and large cap stocks. Minimum 50% of Equity Investments would be in mid cap stocks.	0% - 40%	60% - 100%	-	Very High
Asset Allocation Fund	To realize a level of total income, including current income and capital appreciation, which is consistent with reasonable investment risk. The investment strategy will involve a flexible policy for allocating assets among equities, bonds and cash. The fund strategy will be to adjust the mix between these asset classes to capitalize on the changing financial markets and economic conditions. The fund will adjust its weights in equity, debt and cash, depending on the relative attractiveness of each asset class.	0% - 100%	0% - 100%	0% - 100%	High
Equity Index Fund II	Capital appreciation through investment in equities forming part of NSE NIFTY.	0%-40%	60%-100%	-	High
Bond Fund	Provides accumulation of income through investment in high quality fixed income securities.	0% - 100%	-	0% - 100%	Mode -rate
Liquid Fund	Protection of the invested capital through investments in liquid money market and short-term instruments.	0% - 100%	-	-	Low

Pure Stock Fund

Capital appreciation through investment in equities, but to specifically exclude companies dealing in Gambling, Contests, Liquor, Entertainment (Films, TV etc.), Hotels, Banks and Financial Institutions.

0% - 40%

60% - 100%

Very High

* The exposure to money market securities may be increased to 100%, keeping in view market conditions, market opportunities and political, economic and other factors, depending on the perception of the Investment Manager. All changes in the asset allocation will be with the intention of protecting the interests of the policyholders.

Withdrawal

Partial withdrawal option:
Anytime after three years from the date of commencement of the policy, provided regular premiums for three full years have been paid, you have the option to partially withdraw units from fund(s) unlimited number of times, subject to the following conditions:
1. The minimum amount of withdrawal is Rs. 5,000.
2. Maximum partial withdrawal allowed shall be equal to fund value minus two annual premiums, which means a minimum fund value of two annual premiums needs to be maintained at any given time.
3. All partial withdrawals will be first made from eligible top up premium units, if any. Once the top up premium units are exhausted, further partial withdrawals will be made from regular premiums units.
4. For the purpose of partial withdrawals, each payment of top up premium shall have a lock-in period of three years, unless the payment of top up premium is made in the last 3 policy years.
5. In case of a minor life, partial withdrawal is allowed after attaining the age 18 years.
6. No charge is applicable on partial withdrawals, either from top up premium units or from regular premium units.
7. We may vary the minimum value of units at NAV to be withdrawn and/or the minimum balance of value of units to be maintained after such partial withdrawals, subject to prior approval from IRDA.

Premium allocation Charges

Premium Allocation Charge:
Premium Allocation Charge for regular premiums:10% for premiums due in first policy year and Nil thereafter.
Premium Allocation Charge for top up premiums: 2%.

Fund Management Charges

Fund Management Charge:
1.75% p. a. of the NAV for Equity Growth Fund, Accelerator Mid-Cap Fund and Pure Stock Fund, 1.25% p.a. of the NAV for Equity Index Fund II and Asset Allocation Fund, 0.95% p.a. of the NAV for Bond Fund and Liquid Fund. The Fund Management Charge is charged on a daily basis and adjusted in the unit price.

Mortality Charges

Mortality Charge: The Mortality Charge would vary according to the gender and attained age of the life assured at the time of deduction of the charge. This charge would be recovered through cancellation of units on a monthly basis and would be applied on sum assured. Sample standard Mortality Charges per annum per thousand of sum assured for male lives are given in the table below:

Age	20	30	40	50
Mortality Charge per annum per thousand of sum assured for male lives	1.12	1.29	2.37	6.08

Policy Administration Charges

Policy Administration Charge:
Policy Administration Charge will be 1.75% p.a. of the original sum assured, determined at inception and will be deducted at each monthly anniversary through-out the policy term by cancellation of Units irrespective of the status of the policy.

Rider Premium Charges

Rider Premium Charge:
The charges for additional rider benefits selected shall be recovered through cancellation of units on a monthly basis.

Switching Charges

Fund Switching Charges:
Three free switches would be allowed every year. Subsequent switches would be charged @ 5% of switch amount or Rs. 100, whichever is lower, on each such occasion.

Surrender Charges

Surrender Charge: Surrender Charge on fund in respect of regular premium as a percentage of First Years' Annualized premium is as follows:

Policy Year	Elapsed duration in months in a given policy year
Policy Year	1	2	3	4	5	6
1	37.41%	36.91%	36.41%	35.90%	35.39%	34.88%
2	31.15%	30.61%	30.05%	29.49%	28.93%	28.36%
3	24.27%	23.67%	23.06%	22.44%	21.82%	21.20%
4	16.70%	16.03%	15.36%	14.69%	14.01%	13.32%
5	8.37%	7.64%	6.90%	6.16%	5.41%	4.65%
	7	8	9	10	11	12
1	34.36%	33.83%	33.31%	32.78%	32.24%	31.70%
2	27.79%	27.22%	26.64%	26.05%	25.46%	24.87%
3	20.57%	19.94%	19.30%	18.66%	18.01%	17.36%
4	12.63%	11.93%	11.23%	10.52%	9.81%	9.09%
5	3.89%	3.13%	2.35%	1.58%	0.79%	0.00%

No Surrender Charge is applicable after first five policy years.

No Surrender Charge will be applied on units in respect of Top-up premium.

Returns (as on 24-Apr-2026)

Period	Absolute (%)	Annualised (%)
1 Week	-0.5	0
1 Month	8.5	170.3
3 Months	3.3	14.3
6 Months	-3.7	-7.4
1 Year	1.1	1.1
2 Years	4.7	2.3
3 Years	54.3	15.5
5 Years	103.5	15.2

NAV Chart

Historic Graph:

From

52-week High

₹143.1346

01-Jul-2025

52-week Low

₹120.281

23-Mar-2026

Claim & Solvency Ratio

Claim Ratio	Solvency Ratio
99% (2023-24)	4% (March 2024)

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What is health insurance? +

Health insurance is a type of coverage that pays for medical and surgical expenses incurred by the insured. It may also provide coverage for other types of health-related costs, such as prescription drugs, mental health services, and preventive care.

Why do I need health insurance? +

Health insurance helps protect you from high medical costs. It provides access to medical care when you need it, helping to pay for doctor visits, hospital stays, surgeries, prescription medications, and other health-related services.

What is a premium? +

A premium is the amount you pay for your health insurance every month. Depending on your plan, the premium may vary based on factors like age, location, and level of coverage.

What is a deductible? +

A deductible is the amount of money you must pay out-of-pocket before your health insurance starts covering your medical expenses. For example, if you have a deductible of $1,000, you must pay $1,000 out-of-pocket before your insurance starts covering your medical bills.

What are copayments and coinsurance? +

Copayment (copay): A fixed amount you pay for a covered health care service, typically when you get the service. Coinsurance: The percentage of the cost you pay for covered health services after you've paid your deductible. For example, if your coinsurance is 20%, you pay 20% of the bill, and the insurance company pays the remaining 80%.

What is an out-of-pocket maximum? +

The out-of-pocket maximum is the maximum amount you can spend on your health insurance. If you exceed this amount, your insurance company will pay 100% of your medical expenses.

What is the difference between in-network and out-of-network providers? +

In-network providers: Health care providers that have a contract with your health insurance plan to provide services at negotiated rates. Out-of-network providers: Providers that don't have a contract with your insurance plan. Services from these providers may cost more or not be covered at all.

What is a Special Enrollment Period (SEP)? +

The Special Enrollment Period (SEP) is a special time during the year when you can sign up for or make changes to your health insurance plan. If you miss this period, you may have to wait until the next one unless you qualify for a Special Enrollment Period (e.g., due to a life event like marriage or having a baby).

Can I keep my doctor with health insurance? +

If you have a preferred doctor, it’s important to check if they are in-network with your insurance plan. If they are not in-network, you may need to pay more out-of-pocket, or you may have to switch to another doctor who is in-network.

What is a Health Savings Account (HSA)? +

A tax-advantaged account for people with high-deductible health plans (HDHPs). The funds roll over from year to year and can be used for qualifying medical expenses.

What is a Flexible Spending Account (FSA)? +

A tax-advantaged account for people with low-deductible health plans (LDHPs). The funds roll over from year to year and can be used for qualifying medical expenses.

What is a Health Maintenance Organization (HMO)? +

An HMO is a type of health insurance plan that requires you to choose a primary care physician (PCP) and get referrals from them to see specialists. HMOs often have lower premiums and out-of-pocket costs but offer less flexibility in choosing providers.

What is a Preferred Provider Organization (PPO)? +

A PPO is a health insurance plan that offers more flexibility in choosing healthcare providers and doesn’t require referrals to see specialists. You can see any doctor, but you’ll pay less if you use in-network providers.

What is the difference between a Health Savings Account (HSA) and a Flexible Spending Account (FSA)? +

HSA: A tax-advantaged account for people with high-deductible health plans (HDHPs) The funds roll over from year to year and can be used for qualifying medical expenses. FSA: A tax-advantaged account for people with low-deductible health plans (LDHPs) The funds roll over from year to year and can be used for qualifying medical expenses.

What does the term "pre-existing condition" mean? +

A pre-existing condition is a medical condition that you had before you got your health insurance. It could include things like diabetes, high blood pressure, or heart disease.

Can I cancel my health insurance at any time? +

Yes, you can cancel your health insurance plan at any time. However, if you cancel outside the open enrollment period, you may not be able to get another plan until the next enrollment period unless you qualify for a Special Enrollment Period.

Are prescription drugs covered by health insurance? +

Many health insurance plans cover prescription medications, but the coverage may vary. Plans typically have a formulary, or list of covered drugs, and different drugs may have different levels of coverage, depending on whether they are generic, brand-name, or specialty drugs.

What is preventive care? +

Preventive care includes health services that help prevent illnesses, such as vaccinations, screenings, and annual checkups. Under the Affordable Care Act, most preventive services are covered by health insurance plans at no additional cost to the policyholder.

What should I do if my health insurance claim is denied? +

If your claim is denied, you can appeal the decision. Review the denial letter for reasons, contact your insurer for assistance, and file a written request for a hearing. If you win the appeal, you may be able to get a refund or other compensation.

How can I choose the best health insurance plan for me? +

When selecting a plan, consider factors like: Your health care needs (e.g., frequent visits, prescriptions) The plan’s network of doctors and hospitals The cost of premiums, deductibles, copays, and out-of-pocket maximums Coverage for specialized care or treatments Compare the different plans and benefits to find one that meets your needs.

What happens if I don't have health insurance? +

If you don’t have health insurance, you can still access some health care services, such as emergency care, in-network doctors, and in-network hospitals. You may be eligible for Medicaid, which provides some health care services at no cost to you.

What is life insurance? +

Life insurance is a contract between you and an insurance company, where you pay regular premiums in exchange for a lump sum payment (death benefit) to your beneficiaries upon your death.

What are the different types of life insurance? +

Term Life Insurance: Provides coverage for a specific period (e.g., 10, 20, or 30 years). If you pass away during this term, your beneficiaries receive the death benefit. It does not build cash value. Whole Life Insurance: Offers lifetime coverage with a death benefit and also builds cash value over time, which you can borrow against or use. Universal Life Insurance: A flexible policy that allows you to adjust the premiums and death benefit while also building cash value.

How much life insurance coverage do I need? +

The amount of coverage you need depends on factors like your income, debts, family needs, and long-term financial goals. A common rule is to have coverage worth 10 to 15 times your annual income, but this can vary based on your individual situation.

What is the difference between beneficiaries and policyholders? +

The policyholder is the person who owns the life insurance policy and pays the premiums, while the beneficiary is the person or group that receives the death benefit when the policyholder passes away.

Can I change my beneficiaries? +

Yes, you can change your beneficiaries at any time during the life of the policy, as long as the policy is in force and you follow the correct procedure with the insurance company.

What is the contestability period? +

The contestability period is the time during which you have the right to contest the decision of the insurer to pay the death benefit. This period varies depending on the type of life insurance policy and the insurer.

Does life insurance cover accidental death? +

Some life insurance policies include accidental death coverage, while others may require a separate rider for this benefit. Be sure to review your policy to understand what’s covered.

Can I cancel my life insurance policy at any time? +

Yes, you can cancel your life insurance policy at any time, provided you follow the correct procedure with the insurance company.

What is cash value? +

Cash value is the accumulated value of the life insurance policy that can be used to pay for expenses, such as medical bills or funeral expenses.

How do I borrow against cash value? +

You can borrow against the cash value of your life insurance policy, but it will need to be repaid, and any unpaid loan will reduce the death benefit.

What is the difference between whole life and universal life insurance? +

Whole life insurance provides coverage for a specific period (e.g., 10, 20, or 30 years) and builds cash value over time. Universal life insurance offers lifetime coverage with a death benefit and also builds cash value over time.

How are life insurance premiums determined? +

Life insurance premiums are based on factors like age, health, lifestyle (e.g., smoking), coverage amount, and type of policy. Generally, younger, healthier individuals pay lower premiums.

Can I borrow money from my life insurance policy? +

If you have a whole life or universal life policy, it may build cash value over time. You can borrow against this cash value, but it will need to be repaid, and any unpaid loan will reduce the death benefit.

What happens if I stop paying my life insurance premiums? +

If you stop paying premiums, your policy may lapse. For permanent policies like whole or universal life, the cash value may cover the premiums for a time, but eventually, if premiums are not paid, the policy will end.

What is auto insurance? +

Auto insurance is a contract between you and an insurance company that provides financial protection against damage or injury caused by accidents, theft, or other incidents involving your vehicle. It covers both liability and your vehicle's repair costs depending on the type of policy.

What types of auto insurance coverage are available? +

There are several types of auto insurance coverage, including liability, collision, comprehensive, uninsured/underinsured motorist, and additional coverage like roadside assistance and collision damage waiver.

How much auto insurance do I need? +

The amount of coverage you need depends on factors such as the value of your car, your driving habits, your state's legal requirements, and whether you own or lease your vehicle. A good starting point is to meet your state's minimum required coverage, but you may want additional coverage for added protection.

Can I cancel my auto insurance policy at any time? +

Yes, you can cancel your auto insurance policy at any time, provided you follow the correct procedure with the insurance company.

What is the difference between liability and comprehensive coverage? +

Liability coverage covers the damages and injuries caused by accidents, while comprehensive coverage also covers non-accident damages, such as theft or vandalism.

How do I choose the right auto insurance policy? +

When selecting an auto insurance policy, consider factors such as the type of coverage you need, your driving habits, the value of your vehicle, and your state's legal requirements.

What factors affect my auto insurance premium? +

Several factors impact your insurance premium, including: Your driving history (accidents, tickets), The make, model, and age of your car, Your location (accident rates in your area), Your age, gender, and marital status, The level of coverage you choose, Your credit score (in some states).

What is a deductible? +

A deductible is the amount you must pay out of pocket before your insurance policy starts to cover the remaining cost of repairs or claims. For example, if you have a $500 deductible and incur $2,000 in damages, you will pay $500, and your insurer will pay the remaining $1,500.

What is the difference between comprehensive and collision coverage? +

Collision coverage pays for repairs to your vehicle after a collision with another vehicle or object, regardless of who is at fault. Comprehensive coverage covers non-collision incidents, such as theft, vandalism, or damage from natural disasters.

Can I get uninsured/underinsured motorist coverage? +

Yes, uninsured/underinsured motorist coverage is available in some states. This coverage provides financial protection for you if another driver is uninsured or underinsured.

Is auto insurance required by law? +

Yes, in most states, you are required to have a minimum level of liability insurance. Some states also require additional coverage like Personal Injury Protection (PIP) or uninsured motorist coverage. The requirements vary by state, so it’s important to check your local laws.

What happens if I don’t have auto insurance? +

If you drive without insurance, you risk facing legal penalties, fines, and the possibility of your driver's license being suspended. If you're involved in an accident, you could be held responsible for the damages.

Can I add other drivers to my auto insurance policy? +

Yes, you can add other drivers, such as family members or friends, to your policy. However, their driving record and age may affect your premium. It's important to inform your insurer about all the drivers in your household.

What should I do if I get into an accident? +

If you're in an accident, follow these steps: Ensure safety by moving to a safe location if possible. Call the police and file a report. Exchange contact and insurance information with the other driver(s). Take photos of the accident scene, vehicle damage, and injuries. Notify your insurance company about the accident as soon as possible.

What is home insurance? +

Home insurance is a contract between you and an insurance company that provides financial protection against damage or loss caused by natural disasters, theft, or other incidents.

What types of home insurance coverage are available? +

There are several types of home insurance coverage, including flood, fire, burglary, and liability. You may also have coverage for water damage, mold, and other property damage.

How much home insurance do I need? +

The amount of home insurance coverage you need depends on the value of your property, the type of coverage you want, and your insurance provider. You may also need additional coverage for water damage, mold, and other property damage.

Can I cancel my home insurance policy at any time? +

Yes, you can cancel your home insurance policy at any time, provided you follow the correct procedure with the insurance company.

What is the difference between flood and fire coverage? +

Flood coverage covers damage caused by floods, while fire coverage covers damage caused by fires.

How do I choose the right home insurance policy? +

When selecting home insurance, consider factors such as the type of coverage you need, the value of your property, and your insurance provider.

What factors affect my home insurance premium? +

Factors such as the type of coverage you need, the value of your property, and your insurance provider can significantly impact your premium.