Bajaj Allianz Life LongLife Goal
Note: In this policy, the investment risk in the investment portfolio is borne by the policy-holder
Bajaj Allianz Life LongLife Goal
Bajaj Allianz Life LongLife Goal is one of the preferred unit-linked non-participating whole life insurance plans for your financial future and retirement planning.
Key Features
- From the 5th policy year until the 25th policy year, there will be loyalty additions each year.
- Depending on your life aim, you can choose from one of the four investment portfolio strategies. Investor Selectable Portfolio Strategy, Wheel of Life Portfolio Strategy II, Trigger Based Portfolio Strategy, and Auto Transfer Portfolio Strategy are the four strategies.
- Ten fund options are available under the Investor Selectable Portfolio Strategy of the plan; you can choose the fund option based on your risk tolerance and life goal.
- Enjoy peace of mind with life insurance that lasts for 99 years.
- Take advantage of the deduction under Sections 80C up to Rs.1.5 lakhs, claim exemption under section 10(10)D of the Income Tax Act of 1961, subject to satisfaction of conditions stated therein.
- The plan can be altered to meet your specific requirements, thanks to a variety of investment portfolio strategies and fund choices.
- You may enjoy your retirement years without worrying, thanks to the Retired Life Income feature, which offers financial security.
- If you choose the retired life income option, you will get regular payouts starting at the age of 55 or after 10 policy years, whichever comes first, up until the age of 99. The percentage of your fund value ranges from 0 to 12%, depending on your choice.
- The Periodical Return of Mortality Charges feature, which kicks in once you turn 60 at the end of the policy year or reach your end of 15th policy year, whichever comes later, helps the plan increase the returns from your investment by returning the mortality charges deducted for covering the life assured to you after every 10th policy years and subject to policy terms and conditions.
Tax benefits as per prevailing Income tax laws shall apply. Please check with your tax consultant for eligibility.
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.