A Traditional Endowment Plan
Have you ever thought what happens if your earnings stop one day and you don't have sufficient money to sustain? You'll probably need to take a bank loan to live your future life. Sound terrifying! With the ever inflating economy, volatile market trends, changing lifestyle every individual has to build a sufficient corpse for their future. This can be achieved only through some kind of financial savings at regular intervals of time. Any investment in which individual contributes money on a regular basis in order to reach a financial goal whether short or long term goals is usually termed as savings plan. Large or small income group everyone should have a sufficient back up of good savings plan to achieve the desired things they want in life.
Financial priorities change over time, but a good savings plan lasts a lifetime. Below are the five simple steps to create a successful savings plan:
Those with a savings plan are twice as likely to save successfully.
A traditional life insurance plan only protects your family against the financial dangers posed by unforeseen death. But life insurance can be much more than a simple shield against financial hardship.
We all have some financial goals that we would like to reach in our lifetimes. These include buying a house, owning a car, getting our children settled, and having a comfortable retirement. Plans that combine the protection of life insurance with the growth of investment can help you reach all these goals, so that none of your dreams remain unfulfilled.
At Bajaj Allianz, we believe in putting the needs of the customer first, always. We understand your dreams for the future and your desire to provide for your family even after you are gone. We offer a range of insurance-cum-saving plans that will help you plan for various life goals. At the same time, they will protect your family against unforeseen circumstances so that their dreams never have to end.
With Bajaj Allianz Life Insurance, you can make your dreams come true by creating an effective savings plan, which will protect you against unexpected hardships.
Today you have a wide variety of life insurance products to choose from.
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Insurance is the subject of the solicitation. For more details about risk factors, terms and conditions, please read the sales brochure carefully before concluding the sale. The terms and conditions of product/plan as contained in the Policy Document issued by the Company is available on the Web Site. Please note that the name of the Bajaj Allianz product/plan does not indicate the quality of the insurance contract and its future prospects or returns. Investment in ULIPs is subject to market risks associated with capital markets. IN ULIPs, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. Tax benefits are as per the prevailing Income Tax Laws including the Income Tax Act, 1961 and are subject to change from time to time. Service tax and education cess will have to be borne by the Policyholder as per applicable rates. All other charges shall be levied in accordance with the terms and conditions of the policy.
The returns as indicated in the Sales Illustration are only illustrative and they are not guaranteed. The illustrative returns do not indicate the upper or lower limits of the return that you may get with your policy and the value is dependent on a number of factors including future performance.
The results displayed in the calculators are based on certain assumptions about the rates of return. Kindly note that the returns are only illustrative and they are not guaranteed. The returns do not indicate the upper or lower limits of the return that you may get with your policy and the value is dependent on a number of factors including future performance.