• Get Life Cover worth Rs.1 Crore at Rs.17 per day2 – Bajaj Allianz Life Smart Protection Goal

  • Apne life goals ki guaranteed1 hona Ye Bhi Sahi Hai

  • Fulfill your Life Goals with Bajaj Allianz Life Goal Assure

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  • Get your Life Goals Done with Bajaj Allianz Life Smart Assist – BINA MILEY MIL-KAR

  • Paying your Renewal Premium is Quick and Easy!

  • Know the right amount of Insurance you need in just a few steps!

  • Avail Term Insurance Tax Benefits under Section 80D

  • Know how to invest money during the covid-19 pandemic!


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Get Market-Linked Returns with Tax Benefits$




* T&C apply | BJAZ-WB-EC-04728/23


$Tax benefits as per prevailing Section 10(10D) and Section 80C of the Income Tax Act shall apply. You are requested to consult your tax consultant and obtain independent advice for eligibility before claiming any benefit under the policy.

Bajaj Allianz Life Insurance Co. Ltd. | IRDAI Reg. No. 116.

$Tax benefits as per prevailing Section 10(10D) and Section 80C of the Income Tax Act shall apply. You are requested to consult your tax consultant and obtain independent advice for eligibility before claiming any benefit under the policy.

Bajaj Allianz Life Insurance Co. Ltd. | IRDAI Reg. No. 116.

What are the Current Trends in ULIP Investment in 2023?

Did you know that your entire premium amount for a ULIP is invested in different market-linked funds of your choice while charges for your life cover get deducted across the policy’s duration? ULIP investments are one-of-a-kind in terms of their structure. On the one hand, you have the assurance of a life insurance policy that will pay benefits in the case of your death. Simultaneously, you may increase your wealth by earning market-linked returns on your assets.


Types of ULIP Plans


Unit Linked Insurance Plans are divided into three categories based on their ability to generate returns. These categories are created primarily to optimize your ULIP returns on investment. Some of the numerous sorts of ULIP plans that concentrate on market-linked wealth generation are listed and discussed below.

● Single premium and regular premium ULIPs –

A single premium ULIP plan, as the name implies, only needs a single premium payment at the time of purchase. A regular premium ULIP, on the other hand, enables you to pay premiums on a regular basis throughout the plan's life, from purchase through maturity. You may pay your premiums in monthly, quarterly, semi-annual, or yearly installments, depending on your financial condition.

● Life-staged ULIPs –

These Unit Linked Insurance Plans are based on the notion that as investors become older, their risk-taking capacity decreases. As a result, a portion of the premium is invested in equity funds, while the remainder is invested in debt funds. Initially, equity funds rather than debt funds receives a larger share of investment. These forms of ULIPs gradually raise the amount of debt fund proportion and reduce the proportion in equity funds as the investor becomes older. By minimizing the risk, this effectively changes the emphasis to investment returns as per risk here.


Latest Trends in ULIP Plans


● Return of mortality charge (ROMC) –

One of the primary worries with ULIP investments in the past was that the life insurance coverage would detract from investment earnings. Insurers who offered a refund of mortality costs addressed this problem. The expenses that your insurer deducts for providing you with life insurance are known as mortality charges. Many insurers have started a practice of adding back the whole amount of mortality costs subtracted during the policy term to the fund value at maturity.

● Tax on capital gains –

A Long-Term Capital Gains Tax on stocks and equities funds was implemented in Budget 2018. From Budget 2021, any gain from ULIP policy issued on or after 1 February 2021 with premium greater than rs. 2.50 lakhs are taxable as capital gain. Any long-term capital gains above ₹1 lakh are considered taxable @ 10% while short-term capital gains on ‘higher premium’ ULIPs are taxed at a flat rate of 15% if ULIP is equity oriented ULIP. However, if the premium paid for all the ULIPs are within ₹2.5 lakhs for a financial year, the proceeds are tax-free subject to satisfaction of conditions mentioned in Section 10(10D) of Income Tax Act.


Recent Changes in ULIP Policy


Following modifications to income tax and securities transaction tax laws, the Centre announced new rules for calculating capital gains tax on the profits of high-premium unit-linked insurance plans (ULIPs). Capital gains on ULIPs with annual premiums of more than Rs 2.5 lakh will be assessed on payments received by the policyholder, according to latest circular issued by by the Central Board of Direct Taxes.

The Center said in the Finance Act of 2021 that high-net-worth persons were taking advantage of tax incentives intended for modest savers via ULIPs. Allowing such exclusions in insurance with high premiums goes against the aim of the tax advantage, according to the Union finance minister. As a result, the government proposed taxing capital gains on ULIPs with yearly premiums exceeding Rs 2.5 lakh.


Wrapping Up


Bajaj Allianz Life plans offer a range of possibilities, including distinct fund alternatives, and different portfolio strategies to give you flexibility to fit a plan to your needs. The best thing is that you can get started with this investing package with only a few mouse clicks.


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Contact Us

Bajaj Allianz Life Insurance Company Ltd.

Bajaj Allianz House, Airport Road, Yerawada, Pune - 411 006, Maharashtra

Tel No: 020-66026773

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Monday to Friday - 9:00 AM to 3:30 PM (IST)

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~Tax benefits as per prevailing Income tax laws shall apply. Please check with your tax consultant for eligibility.

**Past performance is not indicative of future performance.

The above information is for general understanding and is meant to educate the general public at large. The reader will have to verify the facts, law and content with the prevailing tax statutes and seek appropriate professional advice before acting on the basis of the above information.

In this policy, the investment risk in investment portfolio is borne by the policyholder. Investment in ULIPs is subject to risks associated with the capital markets. The policy holder is solely responsible for his/her decisions while investing in ULIPs. The views stated in this article is not to be construed as investment advice and readers are suggested to seek independent financial advice before making any investment decisions. For more details on risk factors, terms and conditions please read sales brochure & policy document (available on carefully before concluding a sale.