Bajaj Allianz Life has a comprehensive product portfolio designed to cater to a wide variety of people. The names of the Company, Products/Plans/funds do not indicate the quality and its future prospects or returns. Existing ailments or diseases can increase the chances of the individual getting seriously ill later in life, hence, increasing the premiums. It provides financial protection to your family in your absence and helps in taking care of all the outstanding liabilities. The insurance cover of a decreasing term insurance plan gradually reduces over the policy term. Established in the year 2001, it is a joint venture between Bajaj Finserv Limited, Indian Financial Services Company with a part of the Bajaj Group and Allianz SE, leading insurance company in the world. However, term plans with return of premium benefit pay the total premiums at the end of the policy term as maturity benefit. One can get term insurance at lower premiums while one is young. A term policy is the most affordable type of life cover available in the market. Bajaj Allianz Life – Smart Protect Goal Term Insurance Plan is a non-linked, non-participating, pure life term insurance plan. The policyholder is paid a pre-decided sum on the diagnosis of a critical illness. Term riders are optional benefits that provide protection against specific emergencies and improve the coverage of a term policy. in our next business working hours, (Monday to Saturday 24*6) Thank With the risk to life rising considerably in the modern world, term insurance plans have become a necessity. Life insurance plans from Bajaj Allianz Life - get all types of life insurance plans - ULIP Plans, Term Insurance Plans, Pension Plans etc., at affordable premiums to get your Life Goals Done. Accessing online or buying a financial product through the internet substantially increases the convenience for the customers. Bajaj Allianz Life Insurance Company Limited shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information reported by the calculator. Bajaj Allianz Life Insurance Company Ltd. Bajaj Allianz House, Airport Road, Yerawada, Pune - 411 006, Maharashtra. These tax benefits are subject to the terms and conditions contained in the Income Tax Act, 1961. With the increase in the penetration of the internet, it has become easier to transact online. It is critical to understand what is a term insurance policy, before deciding to buy one. This cover is over and above the sum assured received under the policy. Bajaj Allianz Life Insurance Company Ltd. Bajaj Allianz House, Airport Road, Yerawada, Pune - 411 006, Maharashtra, Monday to Saturday: 9:00 AM to 7:00 PM (IST), For NRI: +91 20 67871700 (Call charges apply), For NRI: +91 20 67688888 (Call charges apply). Smoking is injurious to health and is the cause of serious diseases like mouth and lung cancer. After the successful purchase process, the hard copy of the bike insurance policy document is directly sent to the policyholder’s registered address within 7 working days by courier. CIO commentary on RBI Monetary Policy: October 2020, Get Exclusive Discount on online purchase^. A failure to pay even during the grace period leads to the lapsation of the policy. I further declare that, irrespective of my contact number being registered on Term insurance is one of the most important part of financial planning tools for an individual. INDUSTRIAL ALL … The premiums for the accidental death rider remain fixed for the entire policy termThis benefit is paid only in case of death of the policyholder due to an accident, otherwise only the base cover is paid. SIP investors contribute small amounts at regular intervals to accumulate wealth over a long period. The digitisation of financial services has made it very easy to buy term insurance online. There are a few term plans available in the market that provides for life cover that lasts up to the age of 99 years. The loss of an earning member can disturb the monthly income inflow. About Bajaj Allianz Long Term Two Wheeler Insurance Plan With the availability of two-wheeler insurance online, purchase and renewal can be completed in just a matter of minutes.However, even a small gap in renewal can leave you and your bike vulnerable to innumerable risks, due to which timely renewal of your two-wheeler insurance policy is crucial. Term insurance plans offer triple benefits—financial protection, tax benefits and lower premiums. A whole life term insurance plan will eliminate the financial blow associated with the risk of death and disability. back. ~. 1.Bajaj Allianz Term Care: A term plan with the full sum assured payment on death, and premium return on survival. The terms and conditions state all the exclusions of the policy and it is crucial to have an idea of all the exclusions to avoid confusion later. Even though the primary aim of buying a term insurance plan is to protect the financial future of your family, it also provides certain tax benefits. Term insurance also provides a host of tax benefits and is one of the most affordable life insurance product. When you decide to buy term insurance, do not forget to read the policy document in detail. Unsolicited National Customer Preference Register (NCPR) or on National Do Not Call The Covid-19 pandemic and the consequent lockdown has made us all hesitant when it comes to expenditure, especially for things that may seem unnecessary. All other charges shall be levied in accordance with the terms and conditions of the policy. Please verify all of the Information before using it and do not make any investment decision, except upon the advice of a professional financial adviser. Nowadays, term insurance policies provide the option of extended cover up to 99 years of age. Commercial Communication even though the content of the call may be for the Typically, a 15-day grace period is given for regular monthly premium payment, while a policy with annual or other premium payment frequency have a 30-day grace period. The accidental partial/total permanent disability benefit protects against partial/total permanent disability caused due to an accident. It is advisable to buy a term insurance policy at a young age to gain from lower premiums and stay protected for a longer term. I bought Bajaj Allianz Silver Health insurance policy for my parents and it was nearing the renewal period. Bajaj Allianz Life Smart Protect Goal A Non Linked, Non-Participating Pure Life Term Insurance Plan. Is your weight right according to your height? One should have enough financial resources to ensure that their dependents do not face any difficulty in meeting regular expenses and future needs. The term insurance claim, if it is a genuine claim will be settled within 30 days of the receipt of the documents. Affordable Premium + Tax Saving Hassle-Free Process Flexible Policy Term Let us explore this plan in detail: A whole life term insurance policy provides financial protection to your dependents in the form of guaranteed pay-out upon the happening of an unfortunate event listed in the policy. Buy Smart Protect Goal Term Insurance Plan from Bajaj Allianz Life today. The comforts of the modern world may often lead to an accumulation of debt. This can be claimed as a deduction from the taxable income for the year. For instance, if a term insurance policy has a cover of Rs 50 lakh, then Rs 50 lakh is the sum assured paid as death benefit to the nominee of the policy holder. Bajaj Allianz Burglary Insurance is a key Property Insurance Policy that will cover you for loss of or damage to contents of your insured premises. The premiums of decreasing term plans remain constant over the policy term but are cheaper than other types of term insurance plans in India. Buying a term insurance policy at a young age can be beneficial as the premiums remain constant once the policy is bought. The information, data, analyses and opinions ("Information") contained herein: (1) include the proprietary information of Morningstar and its content providers; (2) may not be copied or redistributed except as specifically authorized; (3) do not constitute investment advice; (4) are provided solely for informational purposes; (5) are not warranted to be complete, accurate or timely; and (6) may be drawn from fund data published on various dates and procured from various sources. 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