What is Bajaj Allianz Invest Gain economy?

What is Bajaj Allianz Invest Gain economy?

Bajaj Allianz Invest Gain Plan is an Endowment Plan. This is a non unit-linked insurance traditional participating plan. There are 4 variants in this plan, where 4 times the basic Sum Assured can be opted for as Life Coverage.

Is Bajaj Allianz a good investment?

Bajaj Allianz investment plans offer a lot of benefits to customers which include: They provide assured with many added financial benefits. Provide a high level of customer satisfaction. Also, these investment plans come with a lot of benefits such as death benefits, maturity benefit, and guaranteed loyalty additions.

What are the benefits of investing in Bajaj Allianz Guaranteed Income Goal plan?

Bajaj Allianz Life Guaranteed Income Goal, is a non-linked, non-participating, life, individual, savings, regular & limited premium payment endowment plan. – With features like Extended Life Cover, increasing income, and multiple rider options, it ensures that you achieve your Life Goals with certainty.

What is gain plan?

Bajaj Allianz Principal Gain is a Unit Linked Insurance Plan which promises a guaranteed maturity benefit. Thus the plan enables the policyholder to reap three benefits under a single policy which are of principal protection, life insurance cover and market-linked returns.

How is insurance bonus calculated?

Cash Bonus:- It is given to the policyholder on a yearly basis and it is computed as a percentage of the yearly premium. For example, if the sum assured is Rs 2 lakhs, cash bonus rate is 4% and the annual premium is Rs 12,000, then the bonus paid to the policyholder will be Rs 480 (4% of 12,000).

What is sum assured in Bajaj Allianz?

Bajaj Allianz Life Insurance Company is a joint venture between Bajaj Finserv Limited….Bajaj Allianz Invest Assure.

Minimum Maximum
Sum Assured Rs.1 lakh No limit
Annual Premium Amount Rs.5000 No limit
Premium Payment Term 5 years 30 years
Premium Payment Frequency Yearly, half-yearly, quarterly or monthly

Which is the best one time investment plan?

For those looking to get higher returns on their savings, here’s a list of the best investment options for you to make your wealth grow.

  • Saving Account.
  • Liquid Funds.
  • Short-Term & Ultra Short-Term Funds.
  • Equity Linked Saving Schemes (ELSS)
  • Fixed Maturity Plans.
  • Treasury Bills.
  • Gold.

What is the minimum sum assured in guaranteed income goal?

Bajaj Allianz Life Guaranteed Income Goal

Minimum Premium (Rs) Variant Half-Yearly
Lump-sum 11,656
Income 14,699
Maximum Premium As per Maximum Sum Assured
Minimum Sum Assured Rs. 1,00,000

What is guaranteed income plan?

A guaranteed income plan is a non-participating monthly income scheme. You choose to pay an annual premium for the duration of the plan. The number of years depends upon the insurance cover chosen, the premium paid, and the sum assured upon maturity of the plan.

What is future gain plan?

The Future Gains insurance plan offered by is a unit linked plan that offers policyholders the opportunity to create wealth for the future. It does so by taking the premiums you pay and investing them in the equity and debt markets.