Bajaj Life - Future Secure Plan - Accelerator Mid Cap Pension Fund

NAV on (08 May 2026)

153.6553

Features

Bajaj Allianz Future Secure you can take control of your future and ensure a retirement you can look forward to.
1.Adopt your own investment strategy by choosing from 7 investment funds with different fund objectives to suit your risk profile with the flexibility to switch funds or invest in those newly introduced.
2.Presenting a unique investment 'Asset Allocation Pension Fund' wherein you do not have to worry to switch funds in case market condition change. Our experienced fund managers monitor the mix of assets in the fund and manage the mix in such situations to maximize your returns
3.Also if you want to manage the mix of assets for your policy on your own, you have a choice of 6 other investment funds, with complete flexibility to switch money from one fund to the other to manage your investments better
4.Your policy continues to participate in the investment performance of the fund even if you are not able to pay premium for 3 full years.5.You can choose a pure pension plan (Plan Option A) or a pension plan with life cover (Plan Option B).
6.4 additional rider benefits to choose from to further enhance your risk cover (for Plan Option B during the deferment period only)
7.Loyalty Units to enhance your fund value every year from the sixth policy year
8.Option to pay unlimited top up premiums anytime during the tenure of your policy to further enhance your savings.
9.Flexibility to increase or decrease your regular premium, switch between funds, change the premium apportionment and change the premium payment mode.

Benefits

Death Benefit
1. In the unfortunate event of death during the policy term, your nominee will get the Fund Value if you have chosen Plan Option A and Sum Assured along with Fund Value if you have chosen Plan Option B
2. The nominee has the option to use the death benefit to purchase an immediate annuity, either from us or from any other life insurer recognized by the IRDA.
3. If three years regular premium has not been paid and the policy has lapsed, then death benefit will be the Fund Value under both Plan options.
Surrender Benefit
1.The surrender value of the policy will be equal to the fund value less surrender charge, if any.
2. Anytime after three years from the date of commencement of the policy, provided due premiums for first three policy years have been paid, the policyholder will have the option to avail of surrender benefit by complete surrender of units
3. Further if first three years regular premiums have not been paid and the policy is lapsed, the surrender value, if any, would be payable at the expiry of the revival period or three policy years, whichever is later.
Additional Rider Benefits available
If you have chosen Plan Option B you have the option to add the following additional rider benefits during the deferment period, to provide complete financial protection against uncertainties.
A. UL Accidental Death Benefit (UL ADB)
B. UL Accidental Permanent Total /Partial Disability Benefit (UL APT/PDB)
C. UL Critical Illness Benefit (UL CI)
D. UL Hospital Cash Benefit (UL HCB)

Entry Age Details

Important Details of Bajaj Allianz Future Secure Plan

Particulars	Minimum	Maximum
Age at Entry	18 Yrs	65 Yrs for Plan Option A 60 Yrs for Plan Option B 50 years in case of all Additional Rider Benefits
Deferment Period	5 Yrs	40 Yrs
Age at Vesting	40 Yrs	70 Yrs
Premium Payment Mode*	Minimum premium is Rs. 6000/- for Annual Mode, Rs. 3000/- for Half Yearly Mode, Rs. 1500/- for Quarterly Mode, Rs. 500/- for Monthly Mode / With rider(s) UL CI and/or UL HCB, minimum premium is Rs 10,000/- for Annual Mode, Rs 5,000/- for Half-Yearly Mode, Rs.2,500/- for Quarterly Mode and Rs 1,000/- for Monthly Mode and Minimum Top Up Premium is Rs.5000/- (Monthly mode is available through ECS and Salary Saving Scheme only).

Premium Payment Term

Premium Payment Mode
Minimum premium is Rs. 6000/- for Annual Mode,Rs. 3000/- for Half Yearly Mode, Rs. 1500/- for Quarterly Mode, Rs. 500/- for Monthly Mode / With rider(s) UL CI and/or UL HCB, minimum premium is Rs 10,000/- for Annual Mode, Rs 5,000/- for Half-Yearly Mode, Rs.2,500/- for Quarterly Mode and Rs 1,000/- for Monthly Mode and Minimum Top Up Premium is Rs.5000/- (Monthly mode is available through ECS and Salary Saving Scheme only).

Top-up Premium

Flexibility - to pay top up premium:
1. We offer you the flexibility to pay unlimited top up premiums at any time provided all due regular premiums have been paid.
2. 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

Sum Assured Details

Maximum Sum Assured = Y times the annual premium where Y will be as per the following table:

Age Group (Yrs)	18-35	36-40	41-45	46-49	50-55	56-60
Y for base cover or base cover with UL ADB & / or UL APT/PDB rider	60	50	40	20	15	10
Y for base cover with UL CI & / or UL HCB rider	5

Investment Details of the Plan

Investment Objectives:

We offer you a choice of seven (7) Investment funds as given below

1.Asset Allocation Pension Fund - Risk Profile - High: The investment objective of this fund will be 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.

Fund Exposure
Equities	0% to 100%
Debt	0% to 100%
Money Market Instruments	0% to 20%

2.Liquid Pension Fund - Risk profile - Low: The investment objective of this fund is to have a fund that protects invested capital through investment in liquid money market and short-term instruments.

Fund Exposure
Bank Deposits & Money Market Instruments	100%
Not more than 20 % of the allocated premium can be put in this fund.

3.Bond Pension Fund - Risk profile - Moderate: The investment objective of this fund is to provide accumulation of income through investment in high quality fixed income securities.

Fund Exposure
Bank Deposits & Money Market Instruments	0% to 20%
G-Secs, Bonds & Fixed Deposits	80% to 100%

4.Equity Growth Pension Fund - Risk profile - Very High: The investment objective of this fund is to provide capital appreciation through investment in select equity stocks that have the potential for capital appreciation.

Fund Exposure
Bank Deposits & Money Market Instruments	0% to 20%
Equities	80% to 100%

5.Equity Index Pension Fund II - Risk profile - High: The investment objective of this fund is to provide capital appreciation through investment in equities forming part of NSE NIFTY.

Fund Exposure
Bank Deposits & Money Market Instruments	0% to 15%
Equities	85% to 100%

6.Accelerator Mid-Cap Pension Fund - Risk profile - Very High: The investment objective of this fund is to achieve capital appreciation by investing in a diversified basket of mid cap stocks and large cap stocks.

Fund Exposure
Bank Deposits & Money Market Instruments	0% to 20%
Equities	80% to 100%

Minimum 50% of Equity Investments would be in Mid Cap stocks

7.Pure Stock Pension Fund - Risk profile - Very High: The investment objective of this fund is to specifically exclude companies dealing in Gambling, Contests, Liquor, Entertainment (Films, TV etc.), Hotels, Banks and Financial Institutions.

Fund Exposure
Bank Deposits & Money Market Instruments	0% to 20%
Equities	80% to 100%

Premium allocation Charges

Premium Allocation Charge:

Annual Premium	Premium Allocation Charge for Premium Payment due in
size (Rs.)	Policy Year 1	Policy Year 2 to Policy Year 10	Policy Year 11 onwards
6,000 - 99,999	20%	5%	0%
100,000 - 499,999	18%	5%	0%
500,000 - 624,999	16%	4%	0%
625,000 and above	Rs. 100,000	2% or Rs. 50,000 whichever is less	0%

All Top up premiums have a premium allocation charge of 2%.

Fund Management Charges

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

Mortality Charges

Mortality Charges [For Plan Option B only]:

1.The mortality charge would vary according to the gender and attained age of the life assured at the time of deduction of the charge

2.This charge would be recovered through cancellation of units on a monthly basis and would be applied on sum at risk which is equal to the sum assured.
Sample standard mortality charges per annum per thousand of sum at risk for male lives are given in the table below:

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

Policy Administration Charges

Policy Administration Charge: Rs. 630 per annum inflating at 5% every 1st of April will be deducted at each monthly anniversary by cancellation of units. This charge is not subject to revision.

Rider Premium Charges

Rider Premium Charges [For Plan Option B only]:
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 in a policy year. Subsequent switches in a policy year would be charged @ 5% of switch amount or Rs. 100, whichever is lower, on each such occasion

Surrender Charges

Surrender Charge:
1. If any due regular premium is not paid within the grace period in the first three policy years, the surrender charge will be 50% of the first years' Annualized Premium.
2. If first three years regular premiums have been paid in full, the surrender charge will be as follows:
[1 - (1/1.10)^N ] * First Years' Annualized Premium.
Where N is the minimum of 10 years and policy term, less the elapsed policy duration in years and fraction thereof. Surrender Charge will be applied for the maximum period of first 10 policy years
3. No Surrender Charge will be applied on units in respect of Top Up Premium.

Returns (as on 08-May-2026)

Period	Absolute (%)	Annualised (%)
1 Week	2.7	0
1 Month	7	130.3
3 Months	2.2	9.3
6 Months	-0.6	-1.1
1 Year	9.4	9.4
2 Years	-3.5	-1.8
3 Years	57.7	16.4
5 Years	108.6	15.8

NAV Chart

Historic Graph:

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52-week High

₹159.4703

01-Jul-2025

52-week Low

₹133.9898

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.