Bajaj Allianz ULIP Plans In India
Bajaj Allianz Life Insurance Company, one of the top private life insurance organizations in India offers a number of unit-linked insurance plans that will help you to meet your investment goals. Those plans also offer life cover to shield you towards unexpected situations. ULIP plans are ideal for growing your investments and they come with a whole lot of flexibilities. Those plans are a combination of market-linked investment and life cover.
Bajaj Allianz life insurance is a joint venture between Bajaj Finserv Ltd and Allianz SE, economic offerings organization. Being one of the personal insurance organizations in India, it offers insurance products for monetary planning and safety.
ULIP is a "Unit Linked Insurance Plan". ULIP are economic units that offer the satisfaction of both worlds. It combines the characteristics of market-related investments and life coverage. A small amount of the premium is going into buying life cover while the closing part of the premium is invested in an equity or debt fund, primarily based on one's desire.
Benefits Of Bajaj Allianz ULIP Plans
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Bajaj Allianz online unit-linked insurance plans offer the benefits of both life insurance and returns on marketplace linked units.
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They deliver the option to participate in the capital markets.
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At the loss of life of the insured the sum insured or the market price of the investment (fund value), whichever is higher, is commonly paid.
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On maturity of the ULIP, the fund charge is payable.
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They provide options to pay a premium
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Choice to change the premium price time period & frequency
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You can surrender or in part withdraw ULIP
The Way To Ensure Most Returns In Your ULIP
ULIP has an in-constructed range of fund options to select which variety of funds (broadly speaking, invested in equities with the general goal of capital appreciation) to conservative price range (invested in cash, bonds, and cash market units with the aim of capital preservation). You may choose to invest your money consistent with your market outlook, time horizon, and your investment possibilities.Whilst you purchase a ULIP plan, you furthermore, may pick the finances that you need to invest in. Based on your desire, you also choose a percentage which you want to invest in each fund. For the duration of the coverage, you can change those funding amounts based totally on how the markets are acting which is known as fund switching.
Types Of Bajaj ULIP Plans
1. Bajaj Allianz Future Gain ULIP Plan:
It offers maximum premium allocation to ensure you get the most value for your money. Along with a life cover that protects the financial well-being of your loved ones, the plan also provides you with one of the easiest avenues to build more wealth for your future financial goals.
2. Bajaj Allianz Fortune Gain :
It is a non-participating, individual, single premium Unit-Linked endowment plan. Loyalty Additions of 3% of the single premium depending on the single premium & policy term chosen. Options to take maturity benefit in installments (Settlement Option).
3. Bajaj Allianz Life Principal Gain
A guaranteed maturity unit linked insurance plan that has been designed to cater to all your requirements and at the same time also safeguard your investments. Multiple policy term and premium payment term options to choose from.
4. Bajaj Allianz Life Future Wealth Gain
It is a non-participating, individual, unit-linked regular/ limited premium payment endowment plan with two variants, "Wealth Plus" and "Wealth Plus Care". Bajaj Allianz Life Future Wealth Gain plan offers the dual benefit of protection and growth to fulfill the dreams of your loved ones.
Why Bajaj Allianz Life Insurance?
At Bajaj Allianz, they believe in serving customers first, always. They understand your dreams for the future and your desire to provide for your family even after you are gone. The company offers a wide range of investment options which will help you to 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, you can make your dreams come true by choosing an efficient investment insurance plan, which will protect you against unexpected hardships.
FAQ's
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Are pregnant women included under Bajaj Allianz insurance policies?
If a claim falls under the exclusions beneath the being pregnant clause, or any statistics are withheld relating to pregnancy-associated questions at the time of coverage issuance.
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How do I renew my Bajaj Allianz life insurance policy?
You can renew your Bajaj Allianz life insurance with the help of online platform easily by paying the premium amount, upon which the cover can be active.
