Income Goal Insurance Plan
Flexi goal a regular premium endowment insurance plan offers high potential returns and flexible premium payment options so that you can plan better and achieve your life goals faster with certainty whether you want a home upgrade tertiary education for your children or a well deserved golden retirement.
Income goal insurance plan. If you cancel your plan prematurely the cash value you receive may be zero or less than the premiums you have. For example if you purchased bajaj allianz life guaranteed income goal with premium paying term of 5 years and a policy term of 10 years along with the elc option you will get additional life cover for 5 years after policy term. With features like extended life cover increasing income and multiple rider options it ensures that you achieve your life goals with certainty. You can opt for elc only at the time of inception of this guaranteed income plan.
Policyholder s benefit is subject to the credit risk of the company. If the policyholder discontinues and or surrenders. Income goal insurance plan is underwritten by the company.
The hongkong and shanghai banking corporation limited referred to as hsbc is an insurance agent authorised by the company. Bajaj allianz life flexi income goal is a new age guaranteed income life insurance plan that provides the customers the flexibility to receive their benefits as per their requirements according to the survey conducted last year it is observed that 50 of the indians faced difficulties to get their children educated due to lack of financial. Income s gro goal saver plan is a 3 year limited pay plan that could be beneficial for customers who only want to pay premiums for a short period of time. It has a 10 year policy term which makes it a plan that can be suitable for people who aren t looking to put away their money for very long periods of time 20.
A guaranteed income plan is an ideal insurance instrument for people who are looking forward to build and maintain a substantial corpus for their future. Bajaj allianz guaranteed income goal is an assured income plan that helps you if you wish to receive a regular monthly income in the chosen period of time. Income goal insurance plan ii is underwritten by hsbc life international limited referred to the company which is. Your premiums paid will form part of the company s.
Buying a life insurance plan is a long term commitment on your part. Income gro goal saver plan. Bajaj allianz life guaranteed income goal is a non linked non participating life individual savings regular limited premium payment endowment plan. Mr lee signs up for the gro goal saver plan with a sum assured of 63 056.