Goal without a plan is just a wish, Bajaj Allianz presents you a goal based insurance plan that gives you the opportunity to plan your ‘once in a lifetime’ experiences with Zero worries.
Life Goals are incalculable like the first car you want to buy, the first house, Child’s education and starting a new business. All these goals are quantifiable. To achieve these goals, one needs to be smart and focussed and dedicated towards their investment planning. Bajaj Allianz helps you with their new ULIP plan and investment structure where it takes care of your goals for a long tenure and provides returns when needed.
With the choice of eight funds investment strategies, return of life cover charge on policy maturity, tax free returns on your investment and life cover, it is the best investment your money can buy.
Why should you buy the Goal Assure Plan?
(A) Return of Mortality Charges:
The Return of Life Cover Charges (ROMC) feature of Bajaj Allianz Life Goal Assures, guarantees that a policyholder will get back the cost of the life cover when the policy matures, thus enhancing the value of their corpus on maturity.
(B) Tax Benefits
This plan offers tax benefits at the time of investment as well as on maturity. Tax Benefit on investment up-to INR 150,000 can be claimed as a deduction under section 80C & 10 10(D)
We cannot escape from paying Tax, but you can certainly reduce the amount of tax paid. This is because the Income Tax Act, 1961 is the law that governs the provisions for our income tax in India and Sections 80C & 10(10D) under this act allows tax deductions toward life insurance products.
So when you buy a life insurance policy from Bajaj Allianz Life Insurance, the premiums you pay towards your plan can be used to avail tax benefits from your taxable income every year. These deductions help you save loads of money whilst you are protected from the uncertainties of life.
(C) Investment Funds
Bajaj Allianz Life Goal Assure provides customers with four portfolio strategies that are designed keeping in mind the different customers’ needs and risk tolerance. The portfolio strategies are:
Investor Selectable Portfolio Strategy
Wheel of Life Portfolio Strategy
Trigger Based Portfolio Strategy
Auto Transfer Portfolio Strategy
(D) Unlimited Fund Switches
You can even migrate your previous investments from one fund to another fund. This aids you in getting closer to your goals.
Bajaj Allianz Life Goal Assure provides customers with four portfolio strategies that are designed keeping in mind the different customers’ needs and risk tolerance.