Bajaj Allianz Life Flexi Income Goal

You can receive cash bonus, if any, from the first month. You may also accumulate it, instead of receiving it, as Cash Value and earn investment return on it. The Cash Value can be withdrawn anytime during the policy term. This is available only with Income Benefit variant.

This feature allows you to benefit from monthly cash flow in the form of a Guaranteed Monthly Income (GMI) once the premium paying term is over, till the end of the policy term. Alternatively, these GMIs can also be accumulated as Cash Value which will earn investment return. You have the option of withdrawing this Cash Value anytime during the policy term. Also, you can opt to take GMI as annual instalments. If you choose this option, the GMI will be paid out at the end of each policy year. This is available with both Income & Enhanced Benefit variant.

You will receive 50% Sum Assured at the end of the Premium Payment Term as lump sum. You also have the option to receive or accumulate this Survival Benefit as cash value and earn investment return on it. This feature is available only with Enhanced Benefit variant.

• Income Benefit: On the maturity date, Maturity Booster (50% of Sum Assured) plus Cash Value (if not fully withdrawn) plus Terminal Bonus (if any) will be paid
• Enhanced Benefit: On the maturity date, Guaranteed Benefit (100% of Sum Assured) plus Compounded Reversionary Bonus (if any) plus Cash Value (if not fully withdrawn) plus Terminal Bonus (if any) will be paid

You can include your spouse in this plan, with the spouse cover ranging from 50% to 100% of your Sum Assured. This is available with both Income & Enhanced Benefit variant.

Premium payment term is between 5 and 20 years in Income Benefit variant and 5 and 12 years in Enhanced Benefit variant. The difference between the policy term and premium payment term should be minimum 12 years and maximum policy term can be up to 50 years under Income Benefit variant and 25 years under Enhanced Benefit variant.

The plan gives you the option to choose from five additional riders for more comprehensive cover.

A part of the portfolio is invested up to 40% in equity for better returns. This feature is available only with Enhanced Benefit variant.