Saving And Investment PlansBajaj Allianz Life Guaranteed Income Goal
Synopsis:
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Bajaj Allianz Life Guaranteed Income Goal is A Non-Linked, Non-Participating Endowment plan that offers an option to take policy benefits either as lumpsum or in installments, which are guaranteed, taking us closer to our Life Goals.
Benefits:
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Guaranteed Maturity Benefit:
100% of total premium paid
Death Benefit:
Sum Assured on death is higher of 10 times
Annualized Premium
105% of total premiums paid as on death
Extended Life Cover (ELC):
At the inception of the policy, you will have the option to choose ELC
Highlights:
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You can customize your policy to suit your requirement in
- Income Benefit
- Lump-Sum Benefit
Choose the sum assured
Choose your Policy Term (PT)
Choose your Premium Payment Term (PPT) from available option
Variant can be chosen at inception only cannot be changed subsequently
ELC option has to be chosen at inception only and cannot be opted for or opted out of (once chosen) subsequently.
Please note that the Basic Sum Assured is lower than the total premiums paid and
varies between 13.46% to 70.03%. of the total premiums paid depending upon the age
of the Life assured, policy term, premium paying term