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Bajaj Allianz Investment Plans
Bajaj Allianz offers a variety of investment plans that combine insurance coverage with investment benefits. These plans are designed to help you meet your long-term financial goals, such as travel plans, retirement planning or saving for a child's education.
- 4.8~ Rated
- 7.7 Crore Registered Consumer
- 50 Partners Insurance Partners
- 4.2 Crore Policies Sold
Investment Plans
- Plan starting from ₹1,000/month
- Save upto ₹46,800 in Tax under section 80C^
- Zero LTCG Tax¶
- In built life cover
Top performing plans with High Returns**
Invest ₹10K/Month & Get ₹1 Crore# on Maturity
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Investment Plan
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Bajaj Allianz Life
- Bajaj Allianz Traditional Plans
What are Bajaj Allianz Investment Plans?
Bajaj Allianz Investment Plans cater to different financial goals. These Bajaj investment plans maximize returns through capital market opportunities, appealing to growth-oriented investors. It also offers traditional plans, which offer stability and guaranteed returns. These are suited for those prioritizing security in their investments.
- Market-Linked Insurance Plans
- Traditional Insurance Plans
Bajaj Allianz Market- Linked Insurance Plans:
| Bajaj Allianz Market-Linked Plans | Entry Age | Maturity Age | Policy Term | Minimum Sum Assured |
| Bajaj Allianz Life Invest Protect Goal | 18 – 45 years | 38 – 100 years | 20 – 40 years | 7 X Annualised Premium |
| Bajaj Allianz Life Goal Assure II | 0 – 60 years | 18 – 75 years | 5/ 10/ 15/ 20 years | 7 X Annualised Premium |
| Bajaj Allianz Life LongLife Goal | 0 – 65 years | 99 years | 99 years minus Entry Age | 10 X Annualised Premium |
| Bajaj Allianz Life Smart Wealth Goal III | 0 – 70 years | 18 – 99 years | 10 – 60 years | 7 X Annualised Premium |
| Bajaj Allianz Life Magnum Fortune Plus II | 0 – 65 years | 18 – 75 years | 10/ 15/ 20/ 25/ 30 years | 7 X Annualised Premium |
| Bajaj Allianz Life Goal Based Saving II | 3 – 60 years | 18 – 75 years | 10/ 15/ 20 years | 7 X Annualised Premium |
| Bajaj Allianz Future Gain II | 1 – 60 years | 18 – 70 years | 10 years | 7 X Annualised Premium |
| Bajaj Allianz Fortune Gain | 1 – 63 years | 18 – 70 years | 7 – 30 years | 1.25 X of Single Premium |
| Bajaj Allianz Life Invest Protect Goal | 18 – 60 years | 38 – 100 years | 20 – 40 years | 7 X Annualised Premium |
| Bajaj Allianz Life - Flexi Income Goal-Income Benefit | 0 – 55 years | 18 – 99 years | PPT + 12 years to 99 years minus Entry Age | ₹1.584 lakhs |
| Bajaj Allianz Life Young Assure | 18 – 50 years | 28 – 60 years | 10/ 15/ 20 years | 10 X Annualised Premium |
| Bajaj Allianz Life Lifelong Assure | 10 – 55 years | 100 years | 100 minus Entry Age | ₹1 lakh |
| Bajaj Allianz Life Saral Pension Plan | 40 – 80 years | 100 years | 100 minus Entry Age | Minimum Annuity: ₹12,000 per annum |
Details of Bajaj Allianz Market-Linked Insurance Plans
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Bajaj Allianz Life Invest Protect Goal Plan
The Bajaj Allianz Life Invest Protect Goal Plan is a Unit Linked Insurance Plan (ULIP) offered by Bajaj Allianz Life Insurance. It aims to provide life cover along with the opportunity to invest in various funds for wealth creation.
Features of Bajaj Allianz Life Invest Protect Goal Plan:
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Provide a lump sum payout for your loved ones in your absence.
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Grow your savings with market-linked returns.
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Boost your fund value with returned charges.
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Earn loyalty additions for staying invested.
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Ensure ongoing protection with Fund Maintenance Booster and optional riders while enjoying tax benefits under Section 80C and 10(10D) of the Income Tax Act.
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Bajaj Allianz Life Goal Assure II Plan
Bajaj Allianz Life Goal Assure II is a unit-linked life insurance plan (ULIP) offered by Bajaj Allianz Life Insurance. This Bajaj Allianz 5-year plan is designed to provide both life insurance coverage and investment opportunities.
Features of Bajaj Allianz Life Goal Assure II Plan:
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The policy offers a Fund Booster upon maturity to enhance your returns.
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Loyalty additions are included to reward long-term investment.
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At maturity, you will receive a return of mortality charges (ROMC), boosting your fund's value.
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You have the option to receive death or maturity benefits in instalments using the Return Enhancer feature.
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Choose from four different investment portfolio strategies and sixteen funds to tailor your investment approach.
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Enjoy tax benefits under Section 80C and Section 10(10D) of the Income Tax Act.
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Bajaj Allianz Life LongLife Goal Plan
The Bajaj Allianz Life LongLife Goal Plan is a life insurance policy that aims to provide both protection and savings to policyholders. This Bajaj Allianz 5-year plan is a combination of insurance and investment, designed to help you meet your long-term financial goals.
Features of Bajaj Allianz Life LongLife Goal Plan:
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Secure retirement income with Retired Life Income.
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Receive Loyalty Additions annually from the 5th to the 25th policy year.
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Choose from 2 plan variants: LongLife Goal with or without Premium Waiver.
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Access 4 investment portfolio strategies and 15 funds.
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Enjoy options like premium reduction, whole life insurance cover, and Retired Life Income till age 99 with Return Enhancer.
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Bajaj Allianz Life Smart Wealth Goal III- WOP
Bajaj Allianz Life Smart Wealth Goal III with Waiver of Premium (WOP) is a ULIP that combines investment growth and life cover. If you die or become permanently disabled, the WOP feature waives future premiums, ensuring continuous policy benefits.
Features of Bajaj Allianz Life Smart Wealth Goal III- WOP:
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Earn Loyalty Benefits with periodic money-back options and Fund Boosters.
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Receive refunds of Allocation Charges (ROAC) and Mortality Charges (ROMC).
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Choose instalment options for Maturity or Death Benefits using Return Enhancer.
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Select from five investment portfolio strategies and fifteen funds.
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Customize premiums and payment terms with tax benefits under Section 80C and 10(10D).
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Bajaj Allianz Traditional Savings Plans:
| Bajaj Allianz Traditional Plans | Entry Age | Maturity Age | Policy Term | Minimum Sum Assured |
| Bajaj Allianz Life Assured Wealth Goal Platinum | 1 – 60 years | 18 – 77 years | 5 – 17 years | 10 X Annualised Premium |
| Bajaj Allianz Life Assured Wealth Goal – Second Income with ROP Plan | 51 – 65 years | 99 years | 99 minus Entry Age | 10 X Annualised Premium |
| Bajaj Allianz Life ACE | 18 – 55 years | Up to 85 years | 85 – 100 years | 11 X Annualised Premium |
| Bajaj Allianz Life Guaranteed Savings Goal | 0 – 50 years | 18 – 70 years | 5 – 20 years | 1.5 or 10 X Single Premium |
| Bajaj Allianz Life Guaranteed Income Goal | 6 – 60 years | 18 – 72 years | 10/ 12/ 15/ 20 years | ₹1 lakh |
| Bajaj Allianz Life POS Goal Suraksha | 0 – 55 years | 18 – 65 years | 10/ 12/ 15/ 20 years | ₹30,000 |
| Bajaj Allianz Life Guaranteed Pension Goal Plan | 30 – 85 years | Immediate Annuity | Whole Life | Min. Annuity: ₹12,000 per month |
Details of Bajaj Allianz Traditional Savings Plans
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Bajaj Allianz Life Assured Wealth Goal – Second Income with ROP Plan
The Bajaj Allianz Life Assured Wealth Goal – Second Income with Return of Premium (ROP) Plan is a life insurance policy designed to provide you with a guaranteed income stream in the future, along with other benefits.
Features of Bajaj Allianz Life Assured Wealth Goal – Second Income with ROP Plan:
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Receive regular guaranteed long-term income for up to 30 years.
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Choose to defer income payouts as per your preference.
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The plan includes an income benefit with life cover and the option for returning premiums at the end of the income period.
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You have the flexibility to select your income payout date.
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Enjoy tax benefits under Section 80C and 10(10D) of the Income Tax Act.
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Bajaj Allianz Life Assured Wealth Goal
Bajaj Allianz Life Assured Wealth Goal is a non-linked, non-participating, individual life insurance savings plan offered by Bajaj Allianz Life Insurance. This Bajaj Allianz 5-year plan is designed to help you achieve your life goals by providing you with guaranteed income and life cover.
Features of Bajaj Allianz Life Assured Wealth Goal:
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Choose a variant that fits your needs, ensuring life cover for your family's protection.
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Decide the date you want to receive your payouts.
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Enjoy flexibility in selecting the income period for your regular guaranteed payouts.
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Benefit from tax advantages under Section 80C and 10(10D).
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Rest assured that all policy benefits are guaranteed.
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Steps to Apply for Bajaj Allianz Investment Plans through Policybazaar
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Go to the Policybazaar website or app and click on Investments.
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Select "Investment Plans with High Returns" and enter basic information.
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Find Bajaj Allianz investment plans and explore options.
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Pick a plan that matches your financial goals.
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Complete the application form with your personal and financial information.
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Submit the form and follow instructions from Policybazaar or Canara HSBC for verification and processing.
In Conclusion
Bajaj Allianz Investment Plans offer a diverse range of options tailored to meet various financial goals, from wealth creation and retirement planning to children's education and marriage. These Bajaj investment plans offer a mix of traditional and market-linked plans, which provide flexibility, tax benefits, and potential for significant returns, ensuring your comprehensive financial security and growth.
FAQs
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What is the Bajaj Allianz Investment Plan?
The Bajaj Allianz Investment Plan is an investment option designed to help you grow your wealth through regular investments. It combines the benefits of life insurance and investment to provide financial security and potential for wealth creation. -
How does the Bajaj Allianz Investment Plan work?
The Bajaj Allianz Investment Plans allow you to invest in a range of funds managed by Bajaj Allianz. Your premiums are invested in these funds, and the value of your investment grows based on the performance of the chosen funds. Additionally, the plan provides life insurance coverage. -
What are the key benefits of the Bajaj Allianz Investment Plan?
The key benefits of the Bajaj Allianz Investment Plan include wealth creation through investment in various funds, life insurance coverage, tax benefits under Section 80C and Section 10(10D) of the Income Tax Act, and the flexibility to choose and switch between different funds. -
Who is eligible to invest in the Bajaj Allianz Investment Plan?
The Bajaj Allianz Investment Plans are available to individuals who meet the minimum and maximum age criteria specified by Bajaj Allianz. Specific eligibility requirements vary depending on the specific plan variant. -
What types of funds can I invest in with the Bajaj Allianz Investment Plan?
Bajaj Allianz offers a variety of funds, including equity funds, debt funds, and balanced funds. Each fund has a different risk and return profile, allowing you to choose based on your investment goals and risk appetite. -
Can I switch between different funds in the Bajaj Allianz Investment Plan?
Yes, the Bajaj Allianz Investment Plans offers you the flexibility to switch between different funds. This allows you to adjust your investment strategy based on market conditions and your financial goals. Some investment plans may allow a certain number of free switches per year. -
What are the tax benefits associated with the Bajaj Allianz Investment Plan?
Premiums paid towards the Bajaj Allianz Investment Plans are eligible for tax deductions of up to ₹1.5 lakhs under Section 80C of the Income Tax Act. Additionally, the maturity benefits and death benefits are tax-exempt under Section 10(10D) when your annual premium paid is below₹2.5 lakhs. -
How can I pay premiums for the Bajaj Allianz Investment Plans?
Premiums can be paid through various modes, including online payments, ECS (Electronic Clearing Service), credit/debit cards, bank transfers, and more. You can choose the payment frequency that suits you, such as monthly, quarterly, half-yearly, or annually. -
What happens if I miss a premium payment?
If you miss a premium payment, Bajaj Allianz typically offers a grace period during which you can pay the overdue premium without penalty. If the premium is not paid within the grace period, the policy may lapse, but it can often be reinstated within a certain timeframe. -
How can I track the performance of my investment in the Bajaj Allianz Investment Plans?
You can track the performance of your investment through regular statements provided by Bajaj Allianz, online account access, and mobile apps. These tools allow you to monitor the value of your investments and make informed decisions.
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Please note that the quotes shown will be from our partners
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
Insurers Offering Investment Plans
Max Life
Tata AIA
Aditya Birla Sun Life
HDFC Life
Bharti AXA Life
Canara HSBC
Edelweiss Life
Bandhan Life
SBI Life
Aviva
Future Generali
IDBI Federal
IndiaFirst
Kotak Life
PNB MetLife
Pramerica Life
Reliance Life
Sahara Life
Star Union
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
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