Bajaj-Allianz Guaranteed Income Goal

Additional Benefits

• Choice of 2 variants depending up on your Life Goal Income Benefit ,Lump-sum Benefit
• Get Guaranteed1 Increasing Income under Income Benefit
• Option to extend your Life Cover beyond your Policy Term
• Multiple Policy Terms & Premium Payment Terms to choose from
• Death Benefit during the Policy Term is the, Sum Assured on Death% , as on the date of death. The policy will terminate on payment of the Death Benefit.
• Death Benefit during the ELC Period (only if chosen) (ELC Period is after the policy term) is the Sum Assured on Death% as on date of death. The policy will terminate on payment of Death Benefit.
• Income Benefit: If Income Benefit option is chosen by you, on the maturity date, if all premiums are paid, your Guaranteed Maturity Benefit will be paid in yearly, half-yearly, quarterly or monthly installments (as chosen by you at inception of the policy). These are called as Guaranteed Maturity Instalments (GMI), and will be paid at the end of the GMI year for a period equal to your Premium Payment Term (PPT). For yearly frequency the GMI will be payable.
• Lump-sum Benefit – If Lump-sum Benefit is chosen by you, on the Maturity Date, if all premiums are paid, your Guaranteed Maturity Benefit payable as Lump-sum will be an enhanced percentage of your Sum Assured. This is called as Guaranteed Enhancer (GE) and is payable
• Maturity Benefit
• Death Benefit