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Bajaj Allianz Flexi Income Goal is a non-linked, participating, guaranteed income Life insurance plan. It offers the dual benefit of insurance and savings. Rather than a normal savings plan, this plan provides non- guaranteed cash bonus from the first policy year itself. With its flexible premium payment option of 5 to 20 years, this plan offers insurance coverage for up to 99 years of age.
Bajaj Allianz Flexi Income Goal offers you a range of benefits including:
Minimum Age - 0 years Maximum Age - 99 years
Maximum Maturity Age - 99 years
12 to 60 years
5 to 20 years
Annual, half-yearly, quarterly & monthly
No limit
Let's understand how the Bajaj Allianz Flexi Income Goal works with a simple premium illustration.
Mr. Verma is looking for an Investment plan that helps him create a lump sum amount to fulfill his financial needs.
His financial advisor advised him to buy the Bajaj Allianz Flexi Income Goal. He visited PolicyX.com
Here are some features of Bajaj Allianz Flexi Income Goal:
Bajaj Allianz Life Flexi Income Goal Plan offers coverage up to 99 years of age.
This plan offers the option of joint life cover. You can cover your spouse under this plan by paying nominal premiums.
This plan provides cash bonus as part of the maturity benefits from the first month of the policy start.
You will have a free look period of thirty (30) days to cancel the policy if you are not satisfied with the same.
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There are various benefits to buying the Bajaj Allianz Life Flexi Income Goal. Let’s understand each of them in detail:
Here is the list of documents required to buy the Bajaj Allianz Flexi Income Goal Plan:
Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
Age Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
Address Proof (either of one) - Utility bill, passport, voter ID, ration card.
Medical Records of the policyholder if requested.
Income Proof ( either of one) - bank statement, last three months' salary slips (if you are salaried).
You can buy the Bajaj Allianz Flexi Income Goal official website or one of their nearest branch offices.
Visit the official website of PolicyX.com.
Click on the ‘Investment’ tab.
A new page will appear on the screen.
Fill out the form at the top of the page with the necessary details.
Select your income and city. Click on 'Proceed'.
Update your education and occupation details.
Choose your preferred plan and click on 'Buy this plan'.
Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.
Visit the official website of Bajaj Allianz Life Insurance.
Hover over the 'Investment Plans' from the top of the menu.
Click on the ' Bajaj Allianz Flexi Income Goal'.
Click on ‘Buy Now’ and you will be redirected to a new page.
Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.
Once discussed you can make the premium payment and get the policy documents.
You can buy the Bajaj Allianz Flexi Income Goal offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.
Given below are some exclusions of the Bajaj Allianz Flexi Income Goal-
Suicide within 12 months of the policy purchase is not covered.
Consumption of any intoxicants.
Death due to any aviation accident.
Death due to any adventurous sports.
What’s Good Here | What’s Missing |
Joint Life Cover | Premium Offset |
Whole Life Cover | Premium Break |
Special Premium Rates for Women | High Sum Assured Discounts |
Cash Bonuses | Large Premium Boost Discounts |
Apart from a regular life insurance plan, that provides fixed coverage throughout the policy term. Bajaj Allianz's flexi income plan offers joint life coverage, protection for up to 99 years, survival payouts, and the option to enhance coverage with additional riders.
If you are still confused about whether this plan is the best fit for you or not, then you can contact us at PolicyX.com. One of our insurance experts will assist you in choosing the right insurance policy.
The minimum age to purchase this plan is 1 month.
The maximum maturity age of this plan is 72 years.
This Plan offers- yearly, half-yearly, quarterly, and monthly payment terms.
Yes, this plan offers joint life cover.
Yes, a Policy loan is available in the Bajaj Allianz Flexi income goal plan.
Yes, Partial withdrawal is available in Bajaj Allianz Flexi income goal.
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I am a passionate content writer with over three years of experience in the insurance domain. An avid learner, I always tries stays ahead of the industry's trends, ensuring my writing remains fresh and includes the latest insurance shifts. Through my work, I strive to engage with targeted insurance readers.
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February 5, 2023
Asia/Kolkata
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