Bajaj Allianz Eligibility for the best guaranteed return investment plan and other details

Do you plan to invest money for guaranteed returns? So, consider investing in guaranteed income plans from India’s well-known life insurance company, Bajaj Allianz. It is a joint venture between Bajaj Finserv Ltd. and Allianz SE. The company offers a large number of investment plans, and those seeking guaranteed returns should invest in the company’s best guaranteed return plans for a financially secure future.

A guaranteed return investment plan is an investment plan that comes with a fixed rate of return. Buying it from a well-established company like Bajaj Allianz means getting various benefits and increasing your income without any risk. Read on to learn about the best guaranteed return insurance plan from Bajaj Allianz, its features and eligibility.

Why buy guaranteed return investment plans from Bajaj Allianz?

There are several life insurance companies that offer investments with a guaranteed return, so why should you consider Bajaj Allianz over other companies? Well, these are the main reasons to invest in a Bajaj Allianz guaranteed return investment plan:

1. Guaranteed Income with High Profitability:

Unlike other life insurance companies, Bajaj Allianz offers higher returns on money invested in guaranteed income plans.

2. Competitive prices:

A big plus point of choosing a Bajaj Allianz guaranteed return income plan is that it is very affordable. Being cheaper than others does not deprive you of the best benefits.

3. Personalized insurance solutions:

You can easily choose between two variants offered by Bajaj Allianz for personalized insurance such as Income Benefit and Lump Sum Benefit

4. Loan facility:

With a Bajaj Allianz guarantee return policy, the policyholder can also take advantage of the loan facility cumulatively up to 70% of the available surrender benefit.

5. Several benefits:

In addition to the benefits mentioned above, buying a Bajaj Allianz guaranteed return investment plan means getting several interesting benefits such as death benefit, survival benefit, and expiration benefit.

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Bajaj Allianz The best guaranteed return investment plans

Bajaj Allianz Life Insurance Company offers a wide range of guaranteed return plans to clients with different requirements. Here are the company’s top 5 guaranteed return income plans:

1. Bajaj Allianz Savings Guarantee Plan:

It is a traditional non-participating endowment insurance policy with many features and benefits.

Some features are:

• The premium will be paid for a limited tenure
• The Expiration or Death benefit includes 115% of the sum insured
• Loan facility of up to 90% of the redemption value
• Allows you to change the premium payment frequency at any time
• Tax benefits under Section 80C of the Income Tax Law

2. Bajaj Allianz Elite Assure Plan:

It is a participating endowment plan with the flexibility to pay the premium for a limited period or regularly.

Some features are:

• Offers five riders such as Critical Illness Rider, Premium Waiver Benefit Rider, Death Benefit Rider, Disability Benefit Rider, and Family Income Benefit Rider
• Allows you to change the premium payment frequency at any time
• Discount on premium payment for benefits of longer maturity of Rs. 5 lakhs and more
• Tax benefit under article 80 C of the Income Tax Law

3. Bajaj Allianz Assure Warranty Plan:

It is a non-participating endowment insurance plan from the house of Bajaj Allianz.

Some features are:

• Limited tenure of 5 years for the payment of the premium
• Maturity benefit that includes the insured amount and the accumulated guaranteed returns
• Loan facility of up to 90% of the redemption value
• Each year guaranteed additions are added as a percentage of the chosen lump sum insured for a specific policy term
• Special discount on premiums for women and for sums insured above Rs. 1 lakh
• Tax benefits under Section 80C of the Income Tax Law

4. Bajaj Allianz Investment Guarantee Scheme:

It is a participatory endowment insurance policy with loan facilities.

Some features are:

• Available in two variants: Gold and Silver
• Loan facility up to 9-% of the redemption value
• The expiration benefit includes the sum insured together with the acquired bonus, the terminal bonus and the provisional bonus
• Discount on premium payments for an insured sum greater than Rs. 1 lakh and more
• Tax benefits under Section 80C of the Income Tax Law

5. Bajaj Allianz Cash Guarantee Scheme:

It is a participating money back policy that offers guaranteed returns at regular intervals.

Some features are:

• The expiration benefit includes 40% of the insured sum, a bonus and a terminal bonus
• The survival benefit is paid between 15% and 30% of the sum insured for the tenure of the chosen policy
• It offers additional benefits such as death benefits, critical illness benefits, disability benefits, family income benefits, and waiver of premium benefit.
• Tax benefit under Section 80C of the Income Tax Law

Eligibility to purchase Bajaj Allianz Best Guaranteed Return Plans

The following table shows all the eligibility criteria to buy a Bajaj Allianz guaranteed return plan in 2023:

Popular General Insurance Companies India, 2023

Conclusion

When purchasing a Bajaj Allianz guaranteed income plan, be sure to review the plan features, details, eligibility criteria, interest rates, policy term and benefits along with terms and conditions to make your decision. guided.

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