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Product Information
Saving And Investment Plans Bajaj Allianz Life Guaranteed Income Goal
Synopsis:
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Bajaj Allianz Life Guaranteed Income Goal is A Non-Linked, Non-Participating Endowment plan that offers an option to take policy benefits either as lumpsum or in installments, which are guaranteed, taking us closer to our Life Goals.

Benefits:

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  • Guaranteed Maturity Benefit:
    100% of total premium paid
  • Death Benefit:
    Sum Assured on death is higher of 10 times
    Annualized Premium
    105% of total premiums paid as on death
  • Extended Life Cover (ELC):
    At the inception of the policy, you will have the option to choose ELC

Highlights:

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  • You can customize your policy to suit your requirement in
    - Income Benefit
    - Lump-Sum Benefit
  • Choose the sum assured
  • Choose your Policy Term (PT)
  • Choose your Premium Payment Term (PPT) from available option
  • Variant can be chosen at inception only cannot be changed subsequently
  • ELC option has to be chosen at inception only and cannot be opted for or opted out of
    (once chosen) subsequently.
  • Please note that the Basic Sum Assured is lower than the total premiums paid and
    varies between 13.46% to 70.03%. of the total premiums paid depending upon the age
    of the Life assured, policy term, premium paying term