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    Bajaj Allianz Life Flexi Income Goal Watch Video A Non-Linked, Participating, Guaranteed Income Life Insurance Plan

    • Flexibility to accumulate or receive Survival Benefits

    • Option to receive Cash Bonus if any from first month^

    • Equity exposure up to 40%*

    • 250% of Sum Assured as Guaranteed1 Benefit*

    Flexi Income Goal tax saving investment plan
    • Overview
    • Key Advantage
    • How this works
    • Eligibility
    • Downloads
    • Sample Illustration
    • Policy Benefits
    Add Image Here

    Flexi Income Goal - Tax Saving Investment Plan With Guaranteed Monthly Income Benefit

    Every parent wants his/her child to get the best upbringing and education. At the time of cut-throat competition, you want your child to not just excel in his/her studies but also acquire other skills for overall personality development.

    This is one Life goal, where the goalposts may keep shifting, and so will the financial needs to achieve those goals. Therefore parents need to invest in a plan that gives you the agility and liquidity to respond to the changing needs of your child – be it expenses incurred for tuition, extra classes, skill building or summer camp.

    Bajaj Allianz Life Flexi Income Goal is an investment plan that offers protection along with liquidity and flexibility to meet the changing needs of your child. It offers flexibility to receive your policy benefits after the premium paying term, in a lump sum or as regular income.

    Guranteeed Benefit at the end of the PPT

    • 50% of Sum Assured at end of PPT as Lumpsum
    • Choose to receive or to accumulate the Survival Benefits as Cash Value and earn Investment Return

     

    Guaranteed Monthly Income (GMI)

    This Plan ensures regular Monthly cash flow in the form of a Guaranteed Monthly Income once the premium paying term is over, till the end of the policy term or these GMIs can also be accumulated as Cash Value which will earn investment return. This Cash Value can be withdrawn anytime during the policy term. You also have the option to take GMI as annual installments which if opted, will be paid out at the end of each Policy year.

    Equity exposure upto 40%

    A part of the portfolio is invested in equities for higher bonuses, to be declared by the Company.

    Limited premium paying terms

    You pay the premium for a limited period of 5-12 years. The policy term will be 12 years more than the premium paying term or maximum of 25 years.

    Joint life cover

    One can cover his/her spouse in this plan spouse Sum Assured can range from 50% to 100% of your Sum Assured.

    Enhance your coverage with riders

    Option to choose among five rider options to expand the coverage at a nominal extra cost

    Death benefit in installments

    The nominee can choose to receive the death benefit in monthly installments over a period of five or ten years from the date of intimation of death.

    Choose your Guaranteed Monthly Income

    Choose your Premium Payment Term

    Choose your Policy Term

    Choose the Joint Life option (if required)

    Entry Age

    Minimum Age at Entry 

     0 years

    18 years (Joint Life)

    Maximum Age at Entry

    55 years

    Maturity Age

    Minimum age at maturity

    18 years

    Maximum age at maturity

    80 years

    Policy Term(PT)

    Minimum

    Premium Payment Term plus 12 years

    Maximum

    25 years

    Guaranteed Monthly Income (GMI)

    Minimum

    PPT – (5 – 11) years

    PPT – 12 years

    ` 1,100

    ` 1,400

    Maximum

    No Limit

    Premium Payment Term

    5 to 12 years

    Annual Premium

    Minimum

    Maximum

    As per minimum Sum Assured

    As per the maximum Sum Assured

    Minimum Sum Assured

    PPT – (5 – 11) years

    PPT – 12 years

    ` 1,58,400

    ` 2,01,600

    Maximum Sum Assured

    No limit

    Risk cover (including for minor lives) will commence immediately on the date of commencement of risk in the policy. In the case of a minor life, the policy will vest on the life assured on the earlier of attainment of age 18 years age or maturity date.

    Anuj, 30 years old

    Anuj has taken a Bajaj Allianz Life Flexi Income Goal policy 

    • Maturity Benefit
    • Death Benefit

    GMI of Rs. 4,430 from Year 13 till Year 24

    • future wealth gain maturity

    Guaranteed Monthly Income

    Monthly

    Total

    Assumed Investment Return @4%~

    Assumed Investment Return @8%~

    Assumed Investment Return @4%~

    Assumed Investment Return @8%~

    ` 4,430 ` 6,37,920

    50% of Sum Assured - Rs. 3,18,960

    Maturity Benefit

    Assumed Rate @4%~

    Assumed Rate @8%~

    100% of Sum Assured (`.) ` 6,37,920
    Compound Reversionary Bonus, if any(`.) ` 98,487 ` 9,97,263
    Terminal Bonus, if any(`.) ` Nil ` 4,59,302
    Total(`.) ` 7,36,407 ` 20,94,485

    Note -30 years Male, PT/PPT- 24/12, Sum Assured- ` 6,37,920, Annual Premium - ` 1,00,011, GMI or Guaranteed Benefit of 50% of SA is not accumulated

    Premium shown above is exclusive of any extra Premium, rider Premium, Goods & Service tax/any other applicable tax levied, subject to changes in tax laws if any.

    ~The assured rate of retuns indicated at 4% and 8% are illustrative and not the guranteed and do not indicate the upper or lower limits of returns under the policy. The sum assuard amount and /or other benefit amount indicated, if any, is a non-guaranteed illustrative figure and is subject to policy terms and conditions

    Death Benefit

    Age (years)

    Death Benefit (Rs)

    Assumed Investment Return of 4%~

    Assumed Investment Return of 8%~

    35

    ` 10,23,422

    ` 11,69,362

    40

    ` 11,55,127

    ` 15,54,752

    45

    ` 12,60,139

    ` 18,63,204

    50

    ` 12,60,139

    ` 22,17,751

    Premium shown above is exclusive of any extra Premium, rider Premium, Goods & Service tax/any other applicable tax levied, subject to changes in tax laws if any.

    ~The assured rate of retuns indicated at 4% and 8% are illustrative and not the guranteed and do not indicate the upper or lower limits of returns under the policy. The sum assuard amount and /or other benefit amount indicated, if any, is a non-guaranteed illustrative figure and is subject to policy terms and conditions

    Death Benefit is subject to policy terms and conditions

    Maturity Benefit

    Provided the Policy is in-force and the Life Assured is alive, as on the Maturity date, Guaranteed Benefit of 100% of Sum Assured plus Compound Reversionary Bonus (if any) plus Cash Value (if not fully withdrawn) plus Terminal Bonus (if any) will be paid.

    Death Benefit

    If all due premiums are paid, then in case of unfortunate death of the life assured during the policy term, Sum Assured on Death# plus 105% of Cash Value (if not fully withdrawn) plus Compound Reversionary Bonus (if any) plus Terminal Bonus (if any) will be paid immediately as lump-sum. The Policy will terminate on the payment of full death benefit.

    If you have opted for Joint Life Cover% at inception of the Policy, both you (primary life assured) and your spouse will have independent life cover (Sum Assured). Spouse Sum Assured can range from 50% to 100% of your Sum Assured. The death benefit in case of Joint Life Cover will be payable as below:

    Death of Primary Life Assured - If all due premiums are paid, then in case of unfortunate death during the policy term, Sum Assured on Death# plus 105% of Cash Value (if not fully withdrawn) plus Compound Reversionary Bonus (if any) plus Terminal Bonus (if any) will be paid immediately as lumpsum. The risk cover with respect to the primary life assured will terminate automatically on the date of death. However, t he Policy will continue with the life cover on the spouse and the future premiums will be paid by the Company

    Death of Spouse -If all due premiums are paid, then in case of unfortunate death during the policy term, Sum Assured will be paid immediately as lumpsum. The risk cover with respect to the spouse will terminate automatically on the date of death. However, the Policy will continue on the life of primary Life Assured, subject to payment of all due future premiums.

    You or your nominee can opt to take the Sum Assured/Sum Assured on Death# in equal monthly installments over a period of 5 or 10 years from intimation of death as decided by you/your nominee, at the time of intimation of death.

    %Primary Life Assured will have the option to discontinue the life cover (Sum Assured) on the spouse at any policy anniversary, during the PPT. The premium under the policy will be revised accordingly. Life Assured will not have an option to include the spouse again once he/she has exited the Policy

    Sum Assured on Death is higher of the sum assured or 10 times of Annualized Premium* further  the death benefit will not be less than 105% of Total Premiums* paid.

    * Annualized Premium is exclusive of extra premium, rider premium and GST/any other applicable tax levied, subject to changes in tax laws, if any. Total premium paid is total of regular premiums paid exclusive of extra premium, rider premium and GST/any other applicable tax levied, subject to changes in tax laws, if any. Both, the Annualized Premium and the Total Premiums paid, will be w.r.t. the life assured or primary life assured (in a joint life policy).

    In Joint Life, there is no Maturity or Survival Benefit available to Spouse.

    In case of simultaneous death of Primary Life Assured and Spouse, the Death Benefit as mentioned above will be paid and the policy will be terminated

    Additional Rider Benefits

    You and/or your spouse can enjoy extra coverage during the policy term by choosing the optional additional rider benefits at a nominal extra cost. The riders available with Bajaj Allianz Life Flexi Income Goal are:

     

    Riders

    UIN

    1

    Bajaj Allianz Accidental Death Benefit Rider 

    116B034V02

    2

    Bajaj Allianz Accidental Permanent Total/Partial Disability Benefit Rider

    116B036V02

    3

    Bajaj Allianz Critical Illness Benefit Rider

    116B035V02

    4

    Bajaj Allianz Family Income Benefit Rider

    116B037V02

    5

    Bajaj Allianz Waiver of Premium Benefit Rider

    116B031V02

    Please refer to respective rider sales literature or visit Company website or consult your 'Insurance Consultant' for more details and eligibility conditions

    • Overview
    • Key Advantage
    • How this works
    • Eligibility
    • Downloads
    • Sample Illustration
    • Policy Benefits
    Add Image Here

    Every parent wants his/her child to get the best upbringing and education. At the time of cut-throat competition, you want your child to not just excel in his/her studies but also acquire other skills for overall personality development. 

    This is one Life goal, where the goalposts may keep shifting, and so will the financial needs to achieve those goals. Therefore parents need to invest in a plan that gives you the agility and liquidity to respond to the changing needs of your child – be it expenses incurred for tuition, extra classes, skill building or summer camp. 

    Bajaj Allianz Life Flexi Income Goal is an investment plan that offers protection along with liquidity and flexibility to meet the changing needs of your child. It offers flexibility to receive your policy benefits after the premium paying term, in a lump sum or as regular income.

    Cash Bonus

    You can opt to receive the cash bonus, if any from the first month or accumulate it as Cash Value and earn investment return. This can be withdrawn anytime during the policy term.

    Guaranteed Monthly Income (GMI)

    This Plan ensures regular Monthly cash flow in the form of a Guaranteed Monthly Income once the premium paying term is over, till the end of the policy term or these GMIs can also be accumulated as Cash Value which will earn investment return. This Cash Value can be withdrawn anytime during the policy term. You also have the option to take GMI as annual installments which if opted, will be paid out at the end of each Policy year.

    Limited premium paying terms

    You pay the premium for a limited period of 5-20 years. The policy term will be 12 years more than the premium paying term or of 80 minus Age at entry (subject to 50 years maximum)

    Joint life cover

    One can cover his/her spouse in this plan. Spouse Sum Assured can range from 50% to 100% of your Sum Assured.

    Enhance your coverage with riders

    Option to choose among five rider options to expand the coverage at a nominal extra cost

    Death benefit in installments

    Receive the death benefit in monthly installments, over a period equal to outstanding Policy Term or 12 years, whichever is lower, and the 1st installment will start from date of death

    Choose your Guaranteed Monthly Income

    Choose your Premium Payment Term

    Choose your Policy Term

    Choose the Joint Life option (if required)

    Entry Age

    Minimum Age at Entry 

     0 years

    18 years (Joint Life)

    Maximum Age at Entry

    55 years

    Maturity Age

    Minimum age at maturity

    18 years

    Maximum age at maturity

    80 years

    Policy Term(PT)

    Minimum

    Premium Payment Term plus 12 years

    Maximum

    80 minus Age at Entry (Subject to 50 years maximum)

    Guaranteed Monthly Income (GMI)

    Minimum

    PPT – (5 – 11) years

    PPT – (12 – 14) years

    PPT – (15 – 19) years

    PPT – 20 years

    ` 1,100

    ` 1,400

    ` 1,600

    ` 2,200

    Maximum

    No Limit

    Premium Payment Term

    5 to 20 years

    Annual Premium

    Minimum

    Maximum

    As per minimum Sum Assured

    As per the maximum Sum Assured

    Minimum Sum Assured

    PPT – (5 – 11) years

    PPT – (12 - 14) years

    PPT – (15 – 19) years

    PPT – 20 yeas

    ` 1,58,400

    ` 2,01,600

    ` 2,30,400

    ` 3,16,800

    Maximum Sum Assured

    No limit

    Risk cover (including for minor lives) will commence immediately on the date of commencement of risk in the policy. In the case of a minor life, the policy will vest on the life assured on the earlier of attainment of age 18 years age or maturity date.

    Anuj, 30 years old

    Anuj is 30 years old and has taken a Bajaj Allianz Life Flexi Income Goal policy 

    ,
    • Maturity Benefit
    • Death Benefit

    GMI of Rs. 7,139 from Year 13 till Year 24

    • future wealth gain maturity benefit

    Cash Bonus, if any

    Yearly

    Total

    Assumed Investment Return @4%~

    Assumed Investment Return @8%~

    Assumed Investment Return @4%~

    Assumed Investment Return @8%~

    ` 6,168

    ` 20,560

    ` 1,48,032

    ` 4,93,440

     

    Guaranteed Monthly Income

    Monthly

    Total

    Assumed Investment Return @4%~

    Assumed Investment Return @8%~

    Assumed Investment Return @4%~

    Assumed Investment Return @8%~

    ` 7,139

    ` 10,28,016

     

    Maturity Benefit

    Assumed Rate @4%~

    Assumed Rate @8%~

    Maturity Booster (`.)

    ` 5,14,008

    Terminal Bonus, if any(`.)

    ` Nil

    ` 3,70,086

    Total(`.)

    ` 5,14,008

    ` 8,84,094

    Note- 30 years Male, Sum Assured- Rs. 10,28,016, PT/PPT- 24 /12 years, Annual Premium -Rs. 1,00,003, CB & GMI not accumulated.

    Premium shown above is exclusive of any extra Premium, rider Premium, Goods & Service tax/any other applicable tax levied, subject to changes in tax laws if any.

    ~The assured rate of retuns indicated at 4% and 8% are illustrative and not the guranteed and do not indicate the upper or lower limits of returns under the policy. The sum assuard amount and /or other benefit amount indicated, if any, is a non-guaranteed illustrative figure and is subject to policy terms and conditions

    Death Benefit

     

    Age (years)

    Death Benefit (Rs)

    Assumed Investment Return of 4%~

    Assumed Investment Return of 8%~

    35

    ` 10,28,016

    ` 10,28,016

    40

    ` 10,87,186

    ` 11,97,639

    45

    ` 11,61,348

    ` 12,74,740

    50

    ` 11,30,508

    ` 13,51,841

    Premium shown above is exclusive of any extra Premium, rider Premium, Goods & Service tax/any other applicable tax levied, subject to changes in tax laws if any.

    ~The assured rate of retuns indicated at 4% and 8% are illustrative and not the guranteed and do not indicate the upper or lower limits of returns under the policy. The sum assuard amount and /or other benefit amount indicated, if any, is a non-guaranteed illustrative figure and is subject to policy terms and conditions

    Death Benefit is subject to policy terms and conditions

    Maturity Benefit

    Provided the Policy is in-force and the Life Assured is alive, as on the Maturity date, Maturity Booster (50% of Sum Assured) plus Cash Value (if not fully withdrawn) plus Terminal Bonus (if any) will be paid.

    Death Benefit

    If all due premiums are paid, then in case of unfortunate death of the life assured during the policy term,

    • 105% of Cash Value (if not fully withdrawn) plus Terminal Bonus (if any) will be paid immediately as lump-sum

      and

    • Sum Assured on Death# will be paid as monthly income, over a period equal to outstanding Policy Term or 12 years, whichever is lower, and the 1st installment will start from date of death. However, your nominee can opt to take the death benefit in lumpsum, at the time of intimation of death.

    The Policy will terminate on the payment of full death benefit

    If you have opted for Joint Life Cover% at inception of the Policy, both you (primary life assured) and your spouse will have independent life cover (Sum Assured). Spouse Sum Assured can range from 50% to 100% of your Sum Assured. The death benefit in case of Joint Life Cover will be payable as below:

    • Death of Primary Life Assured - If all due premiums are paid, then, in case of unfortunate death during the policy term, (i) 105% of Cash Value (if not fully withdrawn) plus Terminal Bonus (if any) will be paid immediately as lumpsum and (ii) Sum Assured on Death# will be paid as monthly income@, over a period equal to outstanding Policy Term or 12 years, whichever is lower, and the 1st installment will start from date of death. The risk cover with respect to the primary life assured will terminate automatically on the date of death. However, the  Policy will continue with the life cover on the spouse and the future premiums will be paid by the Company.

    • Death of Spouse - If all due premiums are paid, then in case of unfortunate death during the policy term, Sum Assured will be paid as monthly income@, over a period equal to outstanding Policy Term or 12 years, whichever is lower, and the 1st installment will start from date of death. The risk cover with respect to the spouse will terminate automatically on the date of death. However, the Policy will continue on the life of primary life assured, subject to payment of all due future premiums.

    In case of simultaneous death of Primary Life Assured and Spouse, the Death Benefit as mentioned above will be paid and the policy will be terminated

    @The Primary Life Assured or the nominee can opt to take the Sum Assured/Sum Assured on Death# as lumpsum instead of monthly income, at the time of intimation of death

    %Primary Life Assured will have the option to discontinue the life cover (Sum Assured) on the spouse at any policy anniversary, during the PPT. The premium under the policy will be revised accordingly . Life Assured will not have an option to include the spouse again once he/she has exited the Policy

    #Sum Assured on Death is higher of the sum assured or 10 times of Annualized Premium*, further the death benefit plus Cash Bonus paid out will not be less than 105% of Total Premiums* paid

    *Annualized Premium is exclusive of extra premium, rider premium and GST/any other applicable tax levied, subject to changes in tax laws, if any. Total premium paid is the total of all regular premiums paid exclusive of extra premium, rider premium and GST/any other applicable tax levied, subject to changes in tax laws, if any. Both, the Annualized Premium and the Total Premiums paid, will be w.r.t. the life assured or primary life assured (in a joint life policy).

    In Joint Life, there is no Maturity or Survival Benefit available to Spouse.

    Additional Rider Benefits

    You and/or your spouse can enjoy extra coverage during the policy term by choosing the optional additional rider benefits at a nominal extra cost. The riders available with Bajaj Allianz Life Flexi Income Goal are:

     

    Riders

    UIN

    1

    Bajaj Allianz Accidental Death Benefit Rider 

    116B034V02

    2

    Bajaj Allianz Accidental Permanent Total/Partial Disability Benefit Rider

    116B036V02

    3

    Bajaj Allianz Critical Illness Benefit Rider

    116B035V02

    4

    Bajaj Allianz Family Income Benefit Rider

    116B037V02

    5

    Bajaj Allianz Waiver of Premium Benefit Rider

    116B031V02

    Please refer to respective rider sales literature or visit Company website or consult your 'Insurance Consultant' for more details and eligibility conditions

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    ⭐ Can I start or stop receiving my survival benefits?

    Yes, you have the flexibility to start or stop   your survival benefits anytime during the policy term. You may even alter the choice multiple times. If you decide to accumulate the benefits an additional rate will be given for the accumulation time

    ⭐ What benefits will my spouse get from the plan?

    If you have opted for a Joint Life policy, your spouse will be covered for a sum assured of 50% to 100% of your sum assured.

    ⭐ Can I change the frequency of my survival benefit payouts?

    Yes, you can change the frequency of your survival benefit payout from monthly to yearly and vice-a-versa.

    ⭐ Is it mandatory to take 50% of the sum assured at the end of PPT under the Enhance Benefit plan?

    Yes if you have opted for Enhanced benefit option you will receive 50% of your sum assured as lumpsum at the end of premium payment term.

    ⭐ What is the maximum loan one can avail against the policy?

    One can avail a maximum loan of 80% of the surrender benefit less any Cash Value available under the policy.

    ⭐ What kind of equity exposure is available under the Plan?

    This investment plan can have exposure of up to 40% in equity. This will help in declaring higher Compound Reversionary Bonus (if any) & Terminal Bonus (if any)

    Life Insurance Glossary

    Discontinuance Charges

    These charges are deducted from the policyholder's account/fund if the life insurance policy is surrendered by the policyholder. This is also called as the Surrender Charge

    Fund Value

    It is the total value of units that a policyholder holds in funds. Fund Value = Number of Units x Net Asset Value

    Fund Management Charges

    These are charges deducted towards meeting expenses related to fund management. These are charged as a percentage of the Fund Value and deducted before calculating the Net Asset Value (NAV) of the fund.

    Fund Switch

    Switching between funds is allowed under the Investor Selectable Portfolio Strategy. Policyholders can opt for this Portfolio Strategy at the commencement of the policy or can switch to this Portfolio Strategy at any subsequent policy anniversary. You have the flexibility to switch units between your investment funds according to your risk appetite and investment decisions, by giving written notice to the Company. Fund as on that date will be switched to the other Fund/s, as specified by the Policyholder. You can make unlimited free switches during the policy term.

    In - force

    In-force Policies are valid/active policies for which the full premiums as on date are paid.

    Lapse

    The termination of an insurance policy due to non-payment of premium.

    Mortality Charges

    Depending upon the age and the amount of cover, the charges levied towards providing life insurance cover to the insured are called as Mortality Charges

    Policy Administration Charges

    These are the charges deducted on a monthly basis to recover the expenses of maintaining the policy including record keeping, paper work, services, etc.

    Premium Allocation Charges

    These charges are deducted upfront from the premium paid by the policyholder as a percentage of premium. These charges account for the initial expenses incurred by the company in issuing the policy, e.g., cost of underwriting, medicals and expenses related to distributor fees. After these charges are deducted, the money gets invested in the chosen fund.

    Regular Premium

    The amount payable by the policyholder at regular intervals during the Premium Paying Term, and at the Premium Payment Frequency

    Regular Premium Fund Value

    The total number of Units pertaining to the Regular/ Limited Premium existing in each Fund under this Policy, multiplied by their respective Unit Price on the relevant date

    Reinstatement

    To restore the policy after the life insurance policy has lapsed.

    Revival Period

    As long as the policyholder pays premium on time, the policy remains in force. The policy lapses when premiums are not paid even after the completion of the grace period. Thereafter, the Life Insurance Company provides an option to the policyholder wherein he/she can make the policy in force only during a specific period after the grace period. The process is called Revival of the Life Insurance Policy or Policy Revival and the period is called Revival Period.

    Rider Sum Assured

    "Rider Sum Assured" means the sum assured as mentioned in the Schedule. For more details, please refer respective rider sales literature.

    Rider Life Assured

    "Rider Life Assured" means the person named as the Rider Life Assured in the Schedule whose life is assured under this Rider. For more details, please refer respective rider sales literature.

    Rider Premium Charge

    "Rider Premium Charge" means the charge deducted to provide the Rider benefit. For more details, please refer respective rider sales literature.

    Rider Term

    "Rider Term" means the period between the Date of Commencement of Rider and the Rider Maturity Date, as mentioned in the schedule. For more details, please refer respective rider sales literature.

    Surrender Value

    A value payable if you want to surrender the plan before a claim arises.

    Settlement Option

    In Unit Linked Polices, instead of taking a lump sum amount at maturity, some plans provide policyholders with the option to receive the Maturity Benefits as a structured payout (periodic instalments) over a period of 5 years after maturity. This is known as the Settlement Option.

    Top Up Premium

    The amount of additional premium paid over and above the Regular/ Limited Premium payable under this Policy

    Top Up Premium Fund Value

    The number of Units pertaining to Top Up Premium under a policy, multiplied by the respective Unit Price on the relevant valuation date

    Unit Price

    Market value of investment held by the fund plus value of current assets less value of current liabilities and provisions, if any, divided by number of units existing on Valuation Date. This calculation will be done before creation / redemption of units.

    Life Insurance for Life Goals Zp

    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.

    Life Insurance for Life Goals

    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.

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    • Amongst ‘Top 75 most valuable Indian Brands 2019’1
    • One of the most Trusted Brand2
    • Claims Settlement Ratio 98.02%~
    • 1 Day Claim Approval7
    • Solvency ratio of 745% **
    • AAA (In) Rating by CARE – Highest Claims Paying Ability$
    • Claim deposits via electronic transfer to make process faster
    • ` 56,620 Total Assets Under Management (AUM)
    • 3.56 Crore number of lives covered#
    • Our Priority is not to sell Life Insurance, it is to serve you in the fastest & most convenient manner when you need us.

    787% of non-investigative individual claims approved in one working day for FY 2019-20. 1 day is counted from date of intimation of claim before 3 PM on a working day (excluding Non-NAV days for ULIP) at Bajaj Allianz Life offices

    ~Individual Claims Settlement Ratio for FY 2019-2020

    **All figures as on 31 March, 2020

    #Individual & Group

    1 Report published by Kantar millward brown

    2Survey conducted by brand equity – Nielsen in March 2019

    $For details refer to press release published by CARE

    "What are your life goals?" is one of the most common questions that comes to one's mind while taking any step further in Life. Most just answer it by laughing it off or saying we will think about it.

    A key reason that they feel this way is that they haven't spent enough time thinking about what they want from their life, and haven't set themselves any goals.

    Goals keep changing as per different life stages and one has to plan meticulously for their future.

    Deciding your Life Goal is all about planning to "Live your life, your way". There could be various Life Goals such as trotting the globe, becoming a food blogger to starting your own business, owning your dream house, or planning your Childs education or marriage.

    L"IF"E is full of IF's... and one needs to plan to secure their loved ones and themselves against the Ifs of Life. When you opt for a life insurance plan, you transfer your family's financial risks in case of any unfortunate event to the life insurer. This allows you and your loved ones to live life fearlessly. Life Insurance protects your family's financial wellbeing from the consequences of living without an income.

    When you purchase a life insurance policy, one of your major life goal gets fulfilled i.e. you purchase a sense of security. A safety net that cushions your family members from the financial impact of your sudden absence and ensures that any outstanding debts that were incurred during your lifetime don't fall upon your loved ones.

    Having life goals is an important aspect in each one's life. One needs to be SMART and plan out well in advance to ensure nothing goes wrong in the future. Life insurance offers a range of products that could come in handy for meeting your financial goals.

    To ensure that it is not too late, get your #LifeGoals insured with us today! It will help you smile in the face of tomorrow's uncertainties and let you live a worry free life!

    ^Cash bonus is not guaranteed

    * Product feature/benefit mentioned are dependent on variant chosen by the customer.

    1Conditions apply. The Guaranteed benefits are dependant on the policy terms, premium payment terms availed along with other variable factors. For details please refer to respective variant’s sales brochure.