/axis-bank_rewamp-life-insuran-bajaj-allianz-life-flexi-income-goal-360x400-mobile91493fd4-be3d-4783-a04a-d51b0f0fc1fa.webp "Bajaj Allianz Life Flexi Income Goal")
As parents, we want to provide the best education for our child's overall development. This demands liquidity and financial flexibility to meet the evolving goals in line with the child's changing interests.
Bajaj Allianz Life
Flexi Income Goal is a savings plan that provides a unique combination of protection and flexibility to enable you to address the needs related to your child's education. This plan comes to you in two variants – Income Benefit
& Enhanced Benefit
You can receive cash bonus, if any, from the first month. You may also accumulate it, instead of receiving it, as Cash Value and earn investment
Read MoreThis feature allows you to benefit from monthly cash flow in the form of a guaranteed monthly income (GMI) Once the premium paying term is over, till the end of the policy term.
Read MoreYou Will receive 50% sum assured at the end of the premium payment term as lump sum.
Read MoreYou can include your spouse in this plan, with the spouse cover ranging from 50% to 100% of your sum assured. This is available with both Income & Enhanced Benefit variant.
Premium payment term is between 5 and 20 years in Income Benefit variant and 5 and 12 years in Enhanced Benefit variant. The difference between the policy term and
Read MoreThe plan gives you the option to choose from five additional riders for more comprehensive cover.
A part of the portfolio is invested up to 40% in equity for better returns. This feature is available only with Enhanced Benefit variant.
This feature allows you to benefit from monthly cash flow in the form of a guaranteed monthly income (GMI) Once the premium paying term is over, till the end of the policy term. Alternatively, these GMIs can also be accumulated as cash value which will earn investment return. You have the option of withdrawing this cash value anytime during the policy term. Also, you can opt to take GMI as annual instalments. If you choose this option, the GMI will be paid out at the end of each policy year. This is available with both income & enhanced benefit variant.
You can receive cash bonus, if any, from the first month. You may also accumulate it, instead of receiving it, as Cash Value and earn investment return on it. The Cash Value can be withdrawn anytime during the policy term. This is available only with Income Benefit variant.
You Will receive 50% sum assured at the end of the premium payment term as lump sum. You also have the option to receive or accumulate this survival benefit as cash value and earn investment return on it. This feature is available only with enhanced benefit variant.
Premium payment term is between 5 and 20 years in Income Benefit variant and 5 and 12 years in Enhanced Benefit variant. The difference between the policy term and premium payment term should be minimum 12 years and maximum policy term can be up to 50 years under Income Benefit variant and 25 years under Enhanced Benefit variant.
Choose the Guaranteed Monthly Income
Choose your Premium Payment Term and Policy Term
Choose the Joint Life Option (if required)
Choose from a wide range of Life Insurance Solutions tailor-made for every stage of your life.
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.
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.
Yes, you can change the frequency of your survival benefit payout from monthly to yearly and vice-a-versa.
Yes, if you have opted for Enhanced Benefit option you will ,receive 50% of your sum assured as lump sum at the end of premium payment term.
One can avail a maximum loan of 80% of the surrender benefit less any cash value available under the policy.
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).
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