The policy holder is solely responsible for his/her decisions while investing in ULIPs. In bajaj Allianz goal assure plan the lock in period is of 5 years and company is also providing you life cover and other more benefits to get higher amount of … Nor does use of this create newly any Insurer- Policy Holder relationship between you and Bajaj Allianz Life Insurance Co. Ltd. (Bajaj Allianz) The contents, news, information, art work, text, video, audio, or picture (collectively “materials”) are protected by the copyrights laws. Unlike traditional products, Bajaj Allianz Life Goal Assure is a Unit-linked Non-Participating Life Insurance Plan (ULIP). His policy term is for 10 years and he opts to pay the premium (premium paying term) for 7 years. The contents, news, information, art work, text, video, audio, or picture (collectively "materials") content … You will find a few of them mentioned below. Bajaj Allianz Life Goal Assure A Unit-linked Non-Participating Life Insurance Plan UIN: 116L153V01 Policy Document Ver. Benefits of Bajaj Allianz Super Life Assure: The Bajaj Allianz Super Life Assure comes with plenty of noteworthy benefits. Highlights of the Bajaj Allianz Lifelong Assure Plan Bajaj Allianz Life Goal Assure is a new age life goal based ULIP investment solution that has been planned exclusively to give an opportunity to the life maximizers, the new generation of investors in India to plan their #LifeGoals, a once in a life time experience without any stress or worries. Nor does use of this blog create an Insurer- Policy Holder relationship between you (visitor) and Bajaj Allianz Life Insurance Co. Ltd. (“Bajaj Allianz”) 2. The life assured gets to choose from 4 policy terms, based on his/her insurance requirements. Bajaj Allianz Lifelong Assure Plan Review Bajaj Allianz Lifelong Assure is traditional, participating Whole Life Endowment Plan where premiums are payable only for a limited tenure. Maturity benefit: As part of the maturity benefit, this Life Insurance Plan offers the sum total of sum assured, vested bonus, and terminal bonus. The plan is also available in 2 life cover variants, i.e., Income and Assure.. The key features of the plan include the provision of a guaranteed monthly income to the life assured. Bajaj Allianz Life Income Assure Plan is a non-linked, participating, limited premium payment, monthly income scheme. The contents, news, information, art work, text, video, audio, or picture (collectively "materials") content … Investment in ULIPs is subject to risks associated with the capital markets. For example – Subhash, a 40-year old, buys Bajaj Allianz Life POS Goal Suraksha for a premium of Rs 5,000 per year. He pays a total premium of Rs 5000 x 7 = Rs 35,000 for this product and has a sum assured of Rs 50,000. Grace Period: In case the insured fails to pay his monthly premiums then a grace period of 15 days is allowed. Thus, the plan provides lifelong insurance coverage without a break in the coverage continuity. Bajaj Allianz Lifelong Assure - Policy Details. Nor does use of this blog create an Insurer- Policy Holder relationship between you (visitor) and Bajaj Allianz Life Insurance Co. Ltd. (“Bajaj Allianz”) 2. 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