Bajaj Allianz Life Assured Wealth Goal Platinum (116N188V02)
Features
- Choice of variants: Select the variant as per needs
- Smart Income: Customer can receive Early Guaranteed Payouts starting as early as from the beginning of 2nd policy year for the policy term and will have an option to choose Early Guaranteed Payouts start year. Regular Guaranteed Payouts are paid at the beginning of policy year during the Income Period and income period starts after the policy term.
- Regular Income: Regular Guaranteed Payouts starting from the beginning of policy year during the Income Period and income period starts after the policy term. Customer will have a choice to plan income start year by opting for a deferment period.
- Security: Life Cover to protect family
- Guarantee: All the benefits of the policy are guaranteed!
- Liquidity: Income begins as early as from start of 2nd policy year
- Tax benefits: Receive benefits as per prevailing tax laws
Eligibility Criteria
Plan Option |
Smart Income |
Regular Income |
||
Premium Payment Term (PPT) (in years) |
5/ 6/ 7 / 8 / 10 / 12 |
5 / 6 / 7 / 8 / 10 / 12 |
||
Policy Term (PT) (in years) |
Equal to PPT |
5 to 17 years |
||
Income Period (in years) |
20/ 25 / 30 |
5/ 7/ 10/12/ 15 |
20/ 25/ 30 |
|
Enhanced ROP |
Yes |
No |
Yes |
|
Minimum |
Maximum |
Minimum |
Maximum |
|
Age at Entry (years) |
6 |
60 |
1 |
60 |
Age at Maturity (years) |
18 |
72 |
18 |
77 |
Annualized Premium (`) |
`30,000 |
No limit, subject to Board Approved Underwriting Policy |
`30,000 |
No limit, subject to Board Approved Underwriting Policy |
All ages mentioned above are age as on last birthday. Risk cover will commence immediately on the date of commencement of risk of the policy, and, in the case of a minor life, policy will vest on the life assured on the earlier of attainment of majority (i.e., 18 years age last birthday) and on maturity date.
For female lives, the age set-back of 3 years will be applicable for calculation of SA Multiple and Maturity Benefit/ Income payout. Income Period will commence after the end of Deferment Period. The deferment period will be PT minus PPT (in years).
Brochures
Life insurance Related Products
Ageas Federal Wealthsurance Growth Insurance Plan SP
Features & Benefits
With Wealthsurance, you pay just once and can enjoy growth on your investments along with a life cover.
Ageas federal life insurance Platinum Wealth Builder Plan
Features & Benefits
Unit Linked, Non-Participating, Individual Life Insurance Plan
Ageas Federal Smart Growth Plan
Features & Benefits
Accomplish your goals the smart way - A ULIP Plan Which Will Help You Grow Your Wealth While Protecting Your Loved Ones. (UlN 135L053V02)
Ageas Federal Wealth Gain Insurance Plan
Features & Benefits
Build your wealth with the flexibility of monthly or annual payment options
Ageas federal life insurance iSecure Plan
Features & Benefits
A Non-linked, Non-participating, Individual, Pure Risk Premium and Savings Life Insurance Plan
Ageas Federal Guaranteed Lifetime Income Plan
Features & Benefits
For An Enjoyable Retirement With Guaranteed Income
Ageas Federal Life Insurance Saral Pension Plan
Features & Benefits
A Single Premium, Non-linked, Non-Participating, Individual, Immediate Annuity Plan
Ageas Federal Guaranteed Wealth Plan
Features & Benefits
A non linked, non participating life insurance plan. Don't rely on luck, Guarantee your future.
Ageas Federal Life Insurance Assured Income Plan
Features & Benefits
A Non-linked, Non - Participating, Individual, Savings, Life Insurance Plan
Ageas federal life insurance Super Cash Plan
Features & Benefits
A Non-linked, Participating, Individual Life Insurance Savings Plan.
Ageas Federal Guaranteed Income Plan
Features & Benefits
A quick, hassle-free life insurance plan with guaranteed payouts or lumpsum depending on the option chosen.
Ageas Federal Life Advantage Plus Plan
Features & Benefits
A Non-linked, Participating, Individual Life, Savings Insurance Plan
Ageas Federal Young Star Plus Plan
Features & Benefits
The plan keeps you committed to regular savings and boosts your corpus with guaranteed additions and bonus contributions. It provides guaranteed pay outs in a chosen timeframe to help you fund the crucial milestones of your child’s life. And most importantly, it ensures that your loved one’s dreams stay financially safe even in case of your unfortunate absence.
Ageas Federal Group Loan Secure Plan
Features & Benefits
A single premium, non-linked, non-participating, group credit term plan
Ageas Federal Life Insurance Group Credit Shield Plan II
Features & Benefits
A Single premium, Non-Linked, Non-Participating, Group Pure Risk Premium, Life Insurance Plan
Group Credit Shield Plan Cover For Federal Bank Credit Card Holders
Features & Benefits
A Single premium, Non-Linked, Non-Participating, Group Pure Risk Premium, Life Insurance Plan
Disclaimer
This sales literature gives the salient features of the plan only. The Policy document is the conclusive evident of contract and provides in details all the conditions & exclusions related to Bajaj Allianz Life Assured Wealth Goal Platinum.
“ The Federal Bank Limited is a Corporate Agent having registration number - Regn. No. CA0227. The service provided by The Federal Bank Limited is purely an agency service and is carried out strictly on a non-risk participation basis. The Federal Bank Limited, as corporate agent does not underwrite the risk or act as an insurer. Participation by the Federal Bank’s customers in the insurance product is purely on a voluntary basis and is not linked to the availment of any other facility from the Federal Bank Limited.”