Bajaj Allianz Life’s Flexi Income Goal will enable you to meet your life goals

Pune: Bajaj Allianz Life, one of India’s leading private life insurers, today launched a Flexible Income Plan which truly is as flexible as your needs. Bajaj Allianz Life Flexi Income Goal is a feature-rich participating endowment plan, designed to meet your child’s education and all other life goals, by providing Life Cover along with guaranteed benefits and bonus.
 
Child’s Education is the top-most Life Goals of most Indians. This was revealed in Bajaj Allianz Life India’s Life Goals Preparedness Survey conducted last year. The survey also revealed nearly 50% of Indians find it difficult to achieve child’s education goals due to lack of financial support. While there are several financial instruments that help build an education corpus for your child, they may have some shortcomings. Some of these instruments lack in flexibility or liquidity options, restricting the withdrawal of funds, in case you may need for any emergency. Further, the taxation clauses associated with some instruments can impact the corpus you build or what you withdraw during the investment period. Hence while creating a financial corpus for your child, it is prudent to have some guaranteed income cashflows so that you’re sure of your child receiving a certain amount during his/her growing years. Bajaj Allianz Life India’s Life Goals Preparedness Survey also revealed that more than 50% Indians viewed Life Insurance as a preferred investment option to achieve child’s education life goal.
 
Keeping these insights in mind, Bajaj Allianz Life Insurance launched Bajaj Allianz Life Flexi Income Goal, to enable you to create a financial back-up for your family’s goals. This new-age guaranteed income life insurance plan comes with unique features like flexibility to receive or accumulate Survival Benefits including Cash Bonus*, Guaranteed Monthly Income and Guaranteed Benefit. Policyholders are given high flexibility to choose to receive Cash Bonus from 1st month onwards of the policy or accumulate the benefits for earning additional returns. Thus, making it one of the preferred guaranteed income plan to have when you are investing towards getting your family’s collective Life Goals, DONE.
 
Commenting on the launch, Mr. Tarun Chugh, MD & CEO, Bajaj Allianz Life, said, “We are continuously evaluating the needs of our customers and designing suitable products that meet their requirements. In these uncertain times, customers are looking for guaranteed products that bring in a certainty in terms of returns and a regular income.  Bajaj Allianz Life Flexi Income Goal is a new-age guaranteed income life insurance plan that provides customers the flexibility to receive their benefits as per their requirements. I am confident that this product will enable customers meet their investment and family’s protection goals simultaneously.”