Bajaj Allianz Life Flexi Income Goal
Bajaj Allianz Life Flexi Income Goal
Bajaj Allianz Life Flexi Income Goal, which has the option to provide cash bonus*** from the first month onwards. Get more benefits like Joint Life Cover along with waiver of premium option to provide lump sum or guaranteed* regular income for spouse in case of Life Assured's death.
***Bonuses are not guaranteed. Product features mentioned above are dependent on benefit chosen.
Key Features
- You can opt between two benefits: Enhanced Benefit and Income Benefit.
- You receive Guaranteed* Monthly Income (GMI) once the premium payment term is over, until the end of the policy term; You also have the option to accumulate survival benefit which will earn investment return**; You can also choose to take GMI as annual instalment, paid at the end of every policy year; These features are available in both Income and Enhanced Benefit.
- Under the Income Benefit, you may receive a cash bonus if any from the very first month onwards; You can accumulate survival benefits and enhance your earnings by getting investment return** on it.
- You can opt from five riders to improve the life cover with nominal extra cost.
- You can include your spouse in the same plan; The spouse cover ranges between 50% to 100% of your sum assured; This option is available in both the benefits.
- Under Enhanced benefit, you receive guaranteed* 50% sum assured at the end of the Premium Payment Term as a lumpsum; you have an option to accumulate this amount and also earn investment return**.
- The plan offers several options regarding premium payment term and policy term and you can opt for one depending on your life situation.
- Guaranteed* monthly income provides funds and flexibility to help in meeting the growing expenditure of your child’s education and extra-curricular activities, among other things.
- You can easily include your spouse in life cover instead of taking a separate plan.
- You have an option to receive maturity benefit in instalments or accumulated amount depending on the option chosen.
**Investment return on ACB, AGMI & Accumulated Guaranteed Benefit (as applicable) will be declared by the company every year.
ACB - Accumulated Cash Bonus
AGMI - Accumulated Guaranteed* Monthly Income
*Conditions Apply. The Guaranteed benefits are dependent on the policy terms, premium payment terms availed along with other variable factors. For details, please refer to sales brochure (Also available on www.bajajallianzlife.com)
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS -
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.
Risk Factors and Warning Statements: Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz Life Flexi Income Goal are the names of the company and the product respectively and do not in any way indicate the quality of the product and its future prospects or returns. For more details on risk factors, terms and conditions please read sales brochure & policy document (available on www.bajajallianzlife.com) carefully before concluding a sale. Bajaj Allianz Life Flexi Income Goal is A Non Linked, Participating, Guaranteed Income Life Insurance Plan. Regd. Office Address: Bajaj Allianz House, Airport Road, Yerawada, Pune - 411006, Reg. No.: 116, CIN : U66010PN2001PLC015959, Call us on toll free No.: 1800 209 7272, Mail us : customercare@bajajallianz.co.in, Fax No: 02066026789, Bajaj Allianz Life Flexi Income Goal (UIN: 116N162V02), The Logo of Bajaj Allianz Life Insurance Co. Ltd. is provided on the basis of license given by Bajaj Finserv Ltd. to use its “Bajaj” Logo and Allianz SE to use its “Allianz” logo. All charges/ taxes, as applicable, will be borne by the Policyholder. RBL Bank Limited is a Corporate Agent (IRDAI Regn No. CA0116) of Bajaj Allianz Life Insurance Company Ltd. Insurance is underwritten by Bajaj Allianz Life Insurance Company Ltd. Insurance is a subject matter of solicitation. There is no risk participation by RBL Bank Limited in the Insurance product sold by the Insurer. Purchase of any insurance products by you is purely voluntary.