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. 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. Grace Period: In case the insured fails to pay his monthly premiums then a grace period of 15 days is allowed. His policy term is for 10 years and he opts to pay the premium (premium paying term) for 7 years. Highlights of the Bajaj Allianz Lifelong Assure Plan The contents, news, information, art work, text, video, audio, or picture (collectively "materials") content … 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. The key features of the plan include the provision of a guaranteed monthly income to the life assured. 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. The contents, news, information, art work, text, video, audio, or picture (collectively "materials") content … 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. Maturity benefit: As part of the maturity benefit, this Life Insurance Plan offers the sum total of sum assured, vested bonus, and terminal bonus. Get Life Cover worth Rs.1 Crore at Rs.18 per day 2 – Bajaj Allianz Life Smart Protect Goal PLAN NOW Fulfill your Life Goals with Bajaj Allianz Life Goal Assure 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 … And, in case the insured fails to pay his premiums other than monthly premium modes then a grace period … The plan is also available in 2 life cover variants, i.e., Income and Assure.. Unlike traditional products, Bajaj Allianz Life Goal Assure is a Unit-linked Non-Participating Life Insurance Plan (ULIP). Thus, the plan provides lifelong insurance coverage without a break in the coverage continuity. 1 (022018) Affix Stamp ` Authorised Signatory ON EXAMINATION OF THE POLICY, if the Policyholder notices any mistake, the Policy Document is to … You will find a few of them mentioned below. Benefits of Bajaj Allianz Super Life Assure: The Bajaj Allianz Super Life Assure comes with plenty of noteworthy benefits. 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. Bajaj Allianz Life Income Assure Plan is a non-linked, participating, limited premium payment, monthly income scheme. Bajaj Allianz Life Goal Assure A Unit-linked Non-Participating Life Insurance Plan UIN: 116L153V01 Policy Document Ver. 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. The policy holder is solely responsible for his/her decisions while investing in ULIPs.