Bajaj Allianz Life Goal Assure - Best ULIP ever

Zindagi ek safar hai suhana.
Yaha kal kya ho kisne jaana.

Indeed these lines summarise our life. We often think that we know the flow of life and the same moment life throws a whole new surprise. We all have many life goals, both short-term goals and long-term goals, but with the uncertainties of life, it’s always good to plan for these goals. But this is like winning only half the battle. What makes it complete is the investment done in right plans created and managed by industry experts.

Ok, so where to invest and with whom to invest?

Well as we told you above, you need to select a reliable plan designed by industry leading firms. In case of ULIP plans, your search ends with Bajaj Allianz Life Insurance. Bajaj Allianz Life has been a mark of trust and one-of-the-best CAGR returns ever since it is in the market of private insurance. They have been known for bringing creative and innovative plans on the floor and always make all of them a success.
Recently they launched a value-packed goal-based Unit-Linked Insurance Plan (ULIP) Bajaj Allianz Life Goal Assure.

Ok, ULIP plans I know, what’s new in that?

As per the saying, don’t do different things, do things differently. Bajaj Allianz Life did the same. They kept the core essence of ULIP and brought in some much awaited features that makes investment a treat to everyone who wish to balance their life between Life goals, investment and expenses.

This newly introduced ULIP provides investment benefits along with life covers and fulfils the need of the new age investment class termed nowadays as LIFE MAXIMIZERS, as they live smartly and make the most of life.

This new age ULIP brings in two unique features – :

Return of Mortality Charges (ROMC):
This feature gives additional strength to the corpus invested by the investors. It will ensure the policyholder gets the cost of the life cover back on the maturity of the policy.

Return Enhancer:
Yes, you read it right!!
This is an add-on one-of-its kind benefit on maturity. The benefit of the Return enhancer will be provided to those customers who opt to receive maturity benefits in instalments rather than lump-sum over a period of 5 years. In simple terms, this will be an addition of 0.5% of each due instalment and at the same time making sure that customers fund value is invested in the funds of his/her choice.

This looks interesting, tell me what’s more in the bag?
Yes, your excitement is justified by the fact that these features will make achieving life goals easier than ever through ULIP or I shall say Life goals are assured.

And this isn’t it, there is more in it to make you awestruck, let’s give you a quick look into these additional value packed benefits -:

Fund booster: It is an additional amount added to the Fund Value on the date of maturity of the policy.
Loyalty additions: This feature is provided for paying premium regularly throughout the term of the policy and staying invested in the policy. But this benefit comes into scene only when the annualized premium is 5 Lakh or more or the policy term is 10 years and above.
Policy customisation : This means you can decrease the sum assured of your policy, you can change the premium payment term and you can even switch between funds as many times as you wish.
Tax benefit : This ULIP plan provides you tax benefit under sections 80C and 10(10D)

And wait, that’s not done yet, Bajaj Allianz Life Goal Assure also provides four tailor made portfolio strategies that fulfils needs of almost all kind of investors. These strategy modes are -: