Under its investment plans, Bajaj Allianz Insurance Company offers Invest Assure and Fortune Gain. Invest Assure provides you an assured life cover together with solid financial benefits. Fortune Gain is a unit-linked single premium endowment plan that offers up to 99.5% premium allocation. The plan helps you fully utilize your money for a better future. These are insurance cum investment plans which provide you financial assistance in times of need.
Invest Assure: Benefits & Features :
- The limited premium payment period.
- Policy benefits can be availed in monthly installments.
- A high value for money with a high sum assured.
- Competitive premium rates for females.
- You can choose the sum assured as life cover for 1.25 times or 2 times the premium amount.
- Get compounded reversionary bonus and terminal bonus.
- Get loan against this plan provided your policy has a surrender value.
- Provides death benefits.
- Surrender benefit is available. You can surrender your policy at any time.
- Get all maturity benefits at the end of the plan.
- You can choose between seven (7) funds.
- Get 9.5% premium allocation for a single premium of Rs.10 lakhs & above.
- Partial withdrawal of the fund is allowed.
- You can choose to decrease the sum assured.
- Switching option is available to manage your investments better.
- Offers maturity benefits.
- Get loyalty additions and surrender benefits.
As already discussed, you can use the investment policies offered by Bajaj Allianz for both investment and insurance purposes, and also to meet your unforeseen needs. Bajaj Allianz Fortune Gain Plan allows you to withdraw funds partially when you are in need of cash. For example, if you or one of your family members fall sick and you don’t have any health insurance policy to pay for the medical expenses incurred in the treatment process, you can withdraw funds from this investment policy and pay off the medical bills.
Why choose Bajaj Allianz Investment Plans?
Bajaj Allianz investment plans offer a lot of benefits to customers which include:
- They provide assured life cover with many added financial benefits.
- Provide a high level of customer satisfaction.
- You can choose your premium repayment terms.
- Get higher returns on your investments.
- You can surrender your policy if you wish to do so.
- Also, these investment plans come with a lot of benefits such as death benefits, maturity benefit, and guaranteed loyalty additions.
Other Bajaj Allianz Life Insurance Plans
GST of 18% is applicable on life insurance effective from the 1st of July, 2017