Bajaj Allianz Life Insurance, one of India’s driving private life safety net providers, propelled a Flexible Income Plan which genuinely is as adaptable as your needs. Bajaj Allianz Life Flexi Income Goal is a component rich partaking blessing plan, intended to meet your youngster’s instruction and all other life objectives, by furnishing Life Cover alongside ensured advantages and reward.
This plan accompanies extraordinary highlights like adaptability to get Survival Benefits such as Cash Bonus, Guaranteed Monthly Income, and Guaranteed Benefit. Policyholders are given high adaptability to decide to get a cash bonus from the first month onwards of the approach or gather the advantages for gaining extra returns. Thus making it one of the guaranteed income plan, when you are contributing towards getting your family’s aggregate Life Goal. The arrangement comes in 2 variations – Income Benefit and Enhanced Benefit.
Features
- Get Cash Bonus from the first month onwards of strategy – Bajaj Allianz Life is giving policyholders the decision to get the Cash Bonus from the first month onwards of the strategy. Under the Income Benefit, toward the finish of every arrangement year, policyholders will get a Cash Bonus. Policyholders can pick to take the Cash Bonus in the month to month or in yearly portions.
- Get or Accumulate Cash Bonus – Bajaj Allianz Life is giving policyholders a choice to aggregate the Cash Bonus proclaimed in the arrangement as opposed to accepting the compensation out month to month/every year, hence enabling clients to get a higher corpus through venture return on the collected sum.
- Get or Accumulate Guaranteed Monthly Income (GMI) – Under both Income and Enhanced Benefit, from the finish of the Premium Payment Term (PPT), GMI will be payable consistently till the finish of the Policy Term. Policyholders can select to take GMI as yearly.
- Get Cash Value – Under both Income and Enhanced Benefit, if the policyholder decides to aggregate the Cash Bonus as well as GMI/Guaranteed Benefit, rather than accepting it, the policyholder will be entitled to Cash Value which will be aggregate of Accumulated Cash Bonus and Accumulated GMI/Accumulated Guaranteed Lumpsum including investment return.
- Life spread till 80 years old-This arrangement gives spread to a more drawn out period till the age of 80, to serve the money related requirements of the policyholder and his/her family in the later years.
