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How to Create Wealth with ULIPs?

When thinking about building money slowly, many people in India now prefer something called a long term investment ULIP. ULIP stands for Unit Linked Insurance Plan. It gives you two big benefits in one plan—life cover and a way to grow your money through market linked funds . This plan puts a part of your premium  in life insurance and the rest in market linked funds like equity , debt, hybrid funds  depending on your choice . Because of this mix, a ULIP is seen as a smart option for people who want to make money over many years. Read More


One big goal of ULIPs is ULIP wealth creation—making sure you have enough money in the future, whether it's for retirement, a house, or your child’s education. Let’s understand how ULIPs help you grow your money step by step. Read Less

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Written ByShruti gujarathi
AboutShruti gujarathi
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Shruti gujarathi has 5 years of experience in the BFSI sector, and as Manager- Digital Marketing at Bajaj Allianz Life Insurance, manages digital and content marketing. She has had hands-on experience in content strategy, performance marketing and Strategic Alliances over a career spanning 10 years.
Reviewed ByRituraj Singh
AboutRituraj Singh
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Rituraj Singh,With over 6.5 years of experience in the insurance industry, Rituraj Singh, Manager- Product & Brand Marketing at Bajaj Allianz Life Insurance overlooks new product launches, compliance, and brand projects, leveraging artificial intelligence and technology to enhance outcomes.
Written on: 27th June 2025
Modified on: 01st July 2025
Reading Time: 15 Mins
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Types of Funds ULIPs One Should Invest In


As discussed earlier, ULIPs offer dual benefits- security of life insurance and investment component. Talking about the investment part, ULIPs can be broadly categorized based on their investment focus. The main options are equity funds, debt funds, balanced funds. Each type of fund works differently, and will provide different returns. We will look at each type separately.


Equity Fund ULIPs


In an equity fund ULIP, your money is invested in equity shares of companies. This type of ULIP has the chance to give high returns if the market performs well . But, since share prices go up and down often, it also comes with more risk. This plan is suitable for people who are ready to face market fluctuations to create wealth over time. If you want to stay invested for a long time, equity fund ULIPs can be a good option for ULIP wealth creation.


Debt Fund ULIP


A debt fund ULIP invests in fixed-income options like a government securities , corporate bonds . These are lower-risks options. The returns are generally stable and not greatly impacted by market fluctuations. If you are looking for safety and predictable returns, debt fund ULIPs are likely an option for a long term investment.


Balanced Funds ULIP


Balanced funds ULIPs are invested in a combination of equities and debt. They invest some of your money in equity shares and the rest in safer bonds. This offers a balanced risk and safety ratio. You can expect better returns when invested in equity part of balanced fund, but have lesser risk when invested in debt part of balanced fund. Balanced funds ULIPs appeal to those who want a balance of growth and safety.


How Does ULIP Help in Wealth Creation?


A ULIP helps you grow your money in a planned way. It is a life insurance plan with a market linked investments component. You choose how your money is invested—in equity funds, debt funds , hybrid fund. Over time, your investment grows depending on how the market performs. You can change your fund options based on your needs , risk appetite , market trends etc. Since, ULIPs are meant for the long term, you get the potential benefit of steady growth, even if markets go up and down in the short term. Let's look at how this happens in detail.


Power of Compounding


ULIPs provide you with the to be able to grow your money via the power of compounding. When you make returns on your investments, the returns start to earn a return as well. This will continue to happen, which can help you build wealth in the long run. The longer you stay invested, the better the compounding will benefit you. This is ultimately how you can create a larger financial future.


Flexibility to Switch Funds


One helpful feature in ULIPs is fund switching. You can move your money between equity, debt, or balanced funds based on market conditions or your goals. For example, if the market is doing well, you can switch to equity. If you want safety, switch to debt funds.


Life Insurance Coverage


A part of your premium goes towards life insurance. This gives your family a payout in case of your untimely demise during the policy term . So, while your money grows, your loved ones are also protected. It makes ULIPs a useful tool that offers both money growth and safety.


How Does ULIP Help in Wealth Creation?


A ULIP helps you grow your money in a planned way. It uses a mix life insurance and market linked investment . This plan offers you life cover so that your family is financially secure in case of your untimely demise during the policy term. On the other hand you can also choose how your money is invested—in equity funds, debt funds, or hybrid funds based on your risk appetite , life goals and market volatility. . Over time, your investment grows depending on how the market performs. Since ULIPs are meant for the long term, you get the potential benefit of steady growth, even if markets go up and down in the short term. Let's look at how this happens in detail.


Power of Compounding


ULIPs are an excellent opportunity for you to be able to grow your money via the power of compounding. When you make returns on your investments, the returns start to earn a return as well. This will continue to happen, which can help you build wealth in the long run. The longer you stay invested, the better the compounding will benefit you. This is ultimately how you can create a better financial future.


Long-term Investment


ULIPs are intended to be long-term plans. These plans typically have a 5-year lock-in period, although you can stay invested for longer.. The more time your money has to grow, the better. For this reason, ULIPs make good sense for long-term goals like retirement or your child’s education.


Flexibility to Switch Funds


One helpful feature in ULIPs is fund switching. You can move your money between equity, debt, or balanced funds based on market conditions , your goals, risk appetite etc. For example, if the market is doing well, you can switch to equity. If you want safety, switch to debt funds.


Life Insurance Coverage


A part of your premium goes towards life insurance. This gives your family a payout in case of your untimely death during the policy terms. So, while your money grows through market linked funds , your loved ones are also financially protected.


What Are the Benefits of ULIP for Wealth Creation?


ULIPs offer several benefits when it comes to building wealth. You can earn returns based on how your fund performs. You also get tax benefits. ULIPs are flexible, so you can change your investment style as needed. They give life insurance cover and help with financial planning for long-term goals. Whether you want to save for retirement, your child’s future, or just grow your savings, ULIPs offer a complete package. Let’s look at these benefits in more detail.


High Return Potential


ULIPs allow you to invest in equity funds, which can grow over time. If the market performs well, your returns can be high. Even though there is some risk, staying invested for a long period reduces the impact of short-term ups and downs.


Flexibility


You can select the type of market linked funds to invest in as per your risk taking capacity. You have the option to switch funds, allowing you to move your money to a fund that offers potentially higher returns. ULIPs also allow partial withdrawals after a 5 year lock in period , subject to policy terms and conditions . This gives you more control over your money.


Tax Benefits


ULIPs offer tax deductions under Section 80C (only under the old tax regime) of the Income Tax Act, 1961. You can claim up to ₹1.5 lakh on premiums. Maturity payouts may also be tax-free under Section 10(10D), subject to certain limits. Thus, ULIPs can be tax-efficient for you.


Life Insurance Coverage


A ULIP gives you life cover along with market linked investments. If something happens to you, your family gets the sum assured or the fund value, whichever is higher depending on the policy terms.


Long-term Investment


ULIPs are designed to be invested in for several years. The longer you remain invested for, the greater time your money has to grow. This makes ULIP a suitable investment option to plan for retirement or future expenses etc.


How to Choose the Right ULIP for Wealth Creation?


Choosing the right ULIP is important for getting the most out of your plans. First, look at your goals. What are you saving for? Then, think about how much risk you are okay with. Check how well the ULIP funds have performed in the past*. Don’t forget to check how much life covers the plan gives. A good ULIP gives you peace of mind while growing your funds.


Investment Objective


The ideal way of investing is to set a goal after evaluating every necessary aspect. If you're planning for your child’s school or saving for retirement, pick a ULIP that matches that goal. Long-term goals work better with ULIPs. Clear goals help you choose the right funds and stay invested for a longer duration , which may give better growth.


Fund Performance*


Look at how the fund has done in the past. A fund that grows steadily over time is a good sign. This shows the fund is managed well. While past results don’t promise future gains. Always go for consistent performance.


Charges


ULIPs have charges like premium allocation charges, fund management fees, policy administration fees, mortality charges etc. These are deducted from your premium. Besides this, some charges are also deducted from the fund value. Lower charges are better because more money goes into your fund. Check these charges before buying. A good ULIP plan will clearly show all the charges. This helps you know what you’re paying for.


Flexibility


A flexible ULIP plan lets you switch between funds. This is helpful when markets go up or down. If your needs change later, Flexibility means more control over your money and better chances to grow it smartly.


Life Insurance Coverage


The highlighting feature of ULIPs is the dual benefit. Along with life insurance coverage, you also grow your funds through market-linked investments. In case of your untimely demise during policy terms , your family will get this death benefits , subject to policy terms and conditions. This gives peace of mind.


Conclusion


A long term investment ULIP can be a smart choice if you want to build money while also protecting your family. It gives you the power to grow wealth, plan for future needs, and stay safe with life cover. From equity to debtor to balanced funds, ULIPs offer many choices. With added benefits like fund switching and tax savings, it becomes a flexible tool for reaching long-term goals. When used right, a ULIP helps with ULIP wealth creation, giving you both financial growth and peace of mind. Before buying, always match the plan with your needs and read the details carefully.


FAQs


What is a wealth creation plan?


A wealth creation plan helps you to save and accumulate wealth over time. It's a simple way to amass funds for future purposes that you would like to achieve, such as buying a house, your retirement, or your child's education. Each of these works a little differently; some have faster growth but higher risk, while others are safe but grow slower. You choose which one works best for you. The idea is to continuously save little by little and let your money grow slowly over the next many years, so that you have enough for when you need the funds.


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*Not available if policy issued after 14th July 2025.

 

^Benchmark: Nifty 500 Multifactor MQVLv 50 Index past 5 CAGR Returns, as on 30th May 2025. Past returns of a fund are not necessarily indicative of the future performance of the fund. | Please consult the financial advisor before investing.

 

The Unit Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender or withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year.

 

ULIPs are different from the traditional insurance products and are subject to the risk factors. The premium paid in ULIPs are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. Bajaj Allianz Life Insurance Company Limited is only the name of the Life Insurance Company and Bajaj Allianz Life Future Wealth Gain IV - A Unit- linked Non- Participating Individual Life Savings Insurance Plan (UIN:116L202V01), Bajaj Allianz Life Goal Assure IV - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L204V01), Bajaj Allianz Life LongLife Goal III is A Unit-linked Non-Participating Whole Life Insurance Plan (UIN:116L203V01), Bajaj Allianz Life Invest Protect Goal III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L205V01), Bajaj Allianz Life Magnum Fortune Plus III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L207V02), Bajaj Allianz Life Goal Based Saving III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN:116L206V01),  Bajaj Allianz Life Fortune Gain II- A Unit-linked Non Participating Individual Life Savings Insurance Plan (UIN- 116L196V02) and Bajaj Allianz Life Smart Wealth Goal V - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L201V03) are only the name of the unit linked insurance contracts and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document issued by the insurance company. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and 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.

 

Nifty 500 Multifactor 50 Index Fund is available Bajaj Allianz Life Future Wealth Gain IV - A Unit- linked Non- Participating Individual Life Savings Insurance Plan (UIN:116L202V01), Bajaj Allianz Life Goal Assure IV - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L204V01), Bajaj Allianz Life LongLife Goal III is A Unit-linked Non-Participating Whole Life Insurance Plan (UIN:116L203V01), Bajaj Allianz Life Invest Protect Goal III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L205V01), Bajaj Allianz Life Magnum Fortune Plus III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L207V02), Bajaj Allianz Life Goal Based Saving III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN:116L206V01), Bajaj Allianz Life Fortune Gain II- A Unit-linked Non Participating Individual Life Savings Insurance Plan (UIN- 116L196V02) and Bajaj Allianz Life Smart Wealth Goal V - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L201V03)

 

In addition to the already existing funds, Nifty 500 Multifactor 50 Index Fund is now available with the above mentioned products. Customer has an option to choose from other available funds apart from Nifty 500 Multifactor 50 Index Fund

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Terms & Conditions

I hereby authorize Bajaj Allianz Life Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) or on National Do Not Call Registry (NDNC), any Call made, including via Voice over Internet Protocol & WhatsApp, SMS or WhatsApp messages, in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business

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Disclaimer

The Unit Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender or withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year.

ULIPs are different from the traditional insurance products and are subject to the risk factors. The premium paid in ULIPs are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. Bajaj Allianz Life Insurance Company Limited is only the name of the Life Insurance Company and  Bajaj Allianz Life Goal Assure IV - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L204V01) is only the name of the unit linked insurance contracts and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document issued by the insurance company. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns. 

$Subject to Section 10 (10D) conditions i.e. aggregate annual premium for ULIP policies issued on or after 1st February 2021 does not exceed Rs. 2.5 Lakhs.

2Source: https://economictimes.indiatimes.com/investments-marts/eight-crucial-numbers-to-ensure-financial-success/10-times-the-annual-income-is-your-life-insurance/slideshow/16699748.cms. Subject to availability in Bajaj Allianz Life ULIP Plans. 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.

1Minimum premium mentioned is applicable for Bajaj Allianz Life Goal Assure IV - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L204V01) and is subject to policy terms and conditions.

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

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Disclaimers:
Plus Symbol
Minus Symbol

IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER

The Unit Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender or withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year.

ULIPs are different from the traditional insurance products and are subject to the risk factors. The premium paid in ULIPs are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document issued by the insurance company. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.

The views stated in this article are 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 the sales brochure & policy document (available on www.bajajallianzlife.com) carefully before concluding a sale. Bajaj Allianz Life Insurance Company Ltd., 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

Tax benefits as per prevailing Section 10(10D) and Section 80C (under old tax regime) 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

 

* Past performance is not indicative of future performance

BJAZ-WEB-EC-15884/25

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*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.

~Individual Death Claim Settlement Ratio for FY 2023-2024

1Premium Holiday has to be selected at inception to avail this benefit and also depends on other policy terms & conditions


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

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Terms & Conditions

I hereby authorize Bajaj Allianz Life Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) or on National Do Not Call Registry (NDNC), any call made, SMS or WhatsApp sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business

 

Please refer to BALIC Privacy Policy

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%%Above illustration is for Bajaj Allianz Life eTouch- A Non Linked, Non-Participating, Individual Life Insurance Term Plan (UIN: 116N172V03) considering Male aged 25 years | Non-Smoker | Policy Term (PT)– 30 years | Premium Payment Term (PPT) – 30 years | Sum Assured opted is Rs. 1,00,00,000 | Online Channel | Standard Life | 1st Year Premium is Rs. 6,238. 2nd Year onwards premium is Rs. 6,659. Total Premium Paid is Rs. 1,99,349 | Medical Rates | Yearly Premium Payment Mode | Death benefit opted is lumpsum payout and monthly installments (Lumpsum Payout Percentage : 45, Income Payout Percentage : 55) | Premium shown above is exclusive of Goods & Service Tax/any other applicable tax levied, subject to changes in tax laws, and any extra premium and is for illustrative purpose only. This is inclusive of all the discounts mentioned above.

##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.Above Tax benefit is calculated considering deduction of Rs. 150,000 and applicable tax rate of 31.20%.

@Term Insurance plan bought online directly from Bajaj Allianz Life Insurance has no commissions involved.

^^The Return of Premium amount is total of all the premiums received, exclusive of extra premium, rider premium and GST & /any other applicable tax levied, subject to changes in tax laws
Bajaj Allianz Life Insurance Co. Ltd. | IRDAI Reg. No. 116

X
Disclaimer

The Unit Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender or withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year.

ULIPs are different from the traditional insurance products and are subject to the risk factors. The premium paid in ULIPs are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. Bajaj Allianz Life Insurance Company Limited is only the name of the Life Insurance Company and Bajaj Allianz Life Goal Assure II- A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN No.: 116L180V02) is only the name of the unit linked insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document issued by the insurance company. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.

Bajaj Allianz Life Goal Assure II - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L180V02)

**Return of Mortality Charges at Maturity (ROMC) is payable at maturity, provided all due premiums have been paid

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

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Disclaimer

Bajaj Allianz Life eTouch- A Non Linked, Non-Participating, Individual Life Insurance Term Plan (UIN: 116N172V04)

*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.Above Tax benefit is calculated considering deduction of Rs. 150,000 and applicable tax rate of 31.20%.

~Individual Death Claim Settlement Ratio for FY 2023-2024

1Premium Holiday has to be selected at inception to avail this benefit and also depends on other policy terms & conditions


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


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Disclaimer

*Not available if policy issued after 14th July 2025.

 

^Benchmark: Nifty 500 Multifactor MQVLv 50 Index past 5 CAGR Returns, as on 30th May 2025. Past returns of a fund are not necessarily indicative of the future performance of the fund. | Please consult the financial advisor before investing.

 

The Unit Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender or withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year.

 

ULIPs are different from the traditional insurance products and are subject to the risk factors. The premium paid in ULIPs are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. Bajaj Allianz Life Insurance Company Limited is only the name of the Life Insurance Company and Bajaj Allianz Life Future Wealth Gain IV - A Unit- linked Non- Participating Individual Life Savings Insurance Plan (UIN:116L202V01), Bajaj Allianz Life Goal Assure IV - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L204V01), Bajaj Allianz Life LongLife Goal III is A Unit-linked Non-Participating Whole Life Insurance Plan (UIN:116L203V01), Bajaj Allianz Life Invest Protect Goal III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L205V01), Bajaj Allianz Life Magnum Fortune Plus III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L207V02), Bajaj Allianz Life Goal Based Saving III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN:116L206V01),  Bajaj Allianz Life Fortune Gain II- A Unit-linked Non Participating Individual Life Savings Insurance Plan (UIN- 116L196V02) and Bajaj Allianz Life Smart Wealth Goal V - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L201V03) are only the name of the unit linked insurance contracts and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document issued by the insurance company. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and 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.

 

Nifty 500 Multifactor 50 Index Fund is available Bajaj Allianz Life Future Wealth Gain IV - A Unit- linked Non- Participating Individual Life Savings Insurance Plan (UIN:116L202V01), Bajaj Allianz Life Goal Assure IV - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L204V01), Bajaj Allianz Life LongLife Goal III is A Unit-linked Non-Participating Whole Life Insurance Plan (UIN:116L203V01), Bajaj Allianz Life Invest Protect Goal III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L205V01), Bajaj Allianz Life Magnum Fortune Plus III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L207V02), Bajaj Allianz Life Goal Based Saving III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN:116L206V01), Bajaj Allianz Life Fortune Gain II- A Unit-linked Non Participating Individual Life Savings Insurance Plan (UIN- 116L196V02) and Bajaj Allianz Life Smart Wealth Goal V - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L201V03)

 

In addition to the already existing funds, Nifty 500 Multifactor 50 Index Fund is now available with the above mentioned products. Customer has an option to choose from other available funds apart from Nifty 500 Multifactor 50 Index Fund

X
Terms & Conditions

I hereby authorize Bajaj Allianz Life Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) or on National Do Not Call Registry (NDNC), any Call made, including via Voice over Internet Protocol & WhatsApp, SMS or WhatsApp messages, in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business

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