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Flexi Income Goal Benefit Plan vs Lic Single Premium Endowment

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Flexi Income Goal Benefit Plan vs Lic Single Premium Endowment

Flexi Income Goal Benefit Plan

Bajaj Flexi Income Goal is a non-linked, participating, guaranteed income Life insurance plan. It offers the dual benefit of insurance and savings. Rather than a normal savings plan, this plan provides non- guaranteed cash bonus from the first policy year itself. With its flexible premium payment op...

Lic Single Premium Endowment

It is a traditional endowment with death and maturity benefits to the policyholder. Even a bonus facility is given along. In this plan, the premium is paid in the starting which is paid in a lump sum amount. It serves the investment purpose and even secures you if you face an untimely demise. There ...

PLAN DETAILS

Flexi Income Goal Benefit Plan


Lic Single Premium Endowment

Premium Including GST
Key Features
(Key features of the plan)
  • Life cover up to 99 years
  • Joint life cover
  • Regular steady income
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Life cover up to 99 years
  • Joint life cover
  • Regular steady income
  • Death Benefits
  • Maturity Benefits
  • Policy Loan
Plan Maturity age Maximum Maturity Age - 99 years Maximum Maturity Age - 75 years
Premium payment term 5 to 20 years Single Premium
Plan Entry Age Minimum Age - 0 years Maximum Age - 99 years Minimum Age - 90 days Maximum Age - 65 years
Sum assured No limit Rs 50,000 to No limit
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 12 to 60 years Minimum- 10 years Maximum-25 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year 98.5%

Know More About Plans

Bajaj Flexi Income Goal is a non-linked, participating, guaranteed income Life insurance plan. It offers the dual benefit of insurance and savings. Rather than a normal savings plan, this plan provides non- guaranteed cash bonus from the first policy year itself. With its flexible premium payment option of 5 to 20 years, this plan offers insurance coverage for up to 99 years of age.

Bajaj Flexi Income Goal offers you a range of benefits including:

why-choose
  • 150% of the Sum Assured as a Guaranteed Benefit
  • Joint Life Cover Option
  • Life covers up to the age of 99 years.
  • Flexible survival benefit payout.
  • Enhance protection through riders.

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