Tuesday, July 25, 2017

Double Bonanza : Bajaj Allianz Life Future Wealth Gain

Indian Bloggers


'Live and Let Live' is so old school. In the times of Instagram and Snapchat, the millennials' motto is 'Live Life ... Luxuriously'.  Sure, why not #JiyoBefikar? We work smart, we earn a lot and we end up spending lot more than we earn to enjoy life to the fullest. Just saving the money and depositing it in the bank is no more viable. We know we must #InvestBefikar fruitfully for the future but, How much? Where? When? These are the million dollar questions. All of us wish that we could get one simple solution to achieve our various life goals.


We plan to have new, improved models of so many modern luxuries that our income / savings / funds are insufficient. Our ever growing demands exhaust all our savings and investments. There comes a time, when we seem to have everything but still not satisfied as we strive for better. The good news is, our dreams can be realized with Bajaj Allianz Life Insurance's #FutureWealthGain, a non-participating, individual , unit-linked, regular / limited premium payment endowment insurance plan. 

Bajaj Allianz Life FutureWealthGain offers a choice of two variants, ‘Wealth Plus’ and ‘Wealth Plus Care’, It maximizes our wealth by investing in capital markets to help us achieve our future financial goals. It also provides protection to us and our family. We can #InvestBefikar and fulfill our dreams by investing in Bajaj Allianz Life Future Wealth Gain which is a non-participating ULIP plan with a regular and limited premium payment option.  #FutureWealthGain by #BajajAllianzLifeInsurance enhances Fund Value at maturity, by the addition of Fund Boosters. Bajaj Allianz Life Future Wealth Gain offers Fund Boosters which will be added to the regular premiums on maturity when all premiums have been paid up to date and the policy is in-force. Fund Booster returns are as high as 90% of one year’s premium, if the policy term and premium payment term is more than 15 years.


The Death Benefit under the ‘Wealth Plus’ variant includes:
  • The higher of the Sum Assured, plus top-up Sum Assured, if any, or
  • Fund value, as on the date of receipt of intimation of death,
The Death Benefit, under this variant assures benefit of 105% of premiums paid including top-up premiums paid, if any, till the date of death.
Under the "Wealth Plus Care Variant", in addition to the Death Benefit, the customer is entitled to an Income Benefit, payable on death or first diagnosis of Cancer of the Life Assured during the premium payment term. The Income Benefit is the remaining regular premiums due, under the policy after the date of death or diagnosis of cancer. 

My first dream was to be an author and the next dream is to write the most popular  bestselling book. I am fully aware that the next dream is much more tough and expensive. My only talent of writing a literary gem is not enough. I will need loads of money for advertising and , publicity to convert that literary gem into a dazzling Kohinoor. All the while pursuing my 'Kohinoor', I must safeguard myself and my family members so that we will be able to bask in the glory of bestseller Kohinoor.

My head brimming with all glorious dreams about Kohinoor (My literary gem in the making). How to add the four C's (Carat weight, Cut, Color, Clarity) to my Kohinoor and still remain the backbone of my family. To find out how to #InvestBefikar & #JiyoBefikar, I attended the launch of #BajajAllianzLifeFutureWealthGain, a new product was launched to the market from #Bajaj Allianz Life Insurance (one of India's leading private life insurers ) on 22nd June 2017.


Here's what I learned from the esteemed panel:
We can protect ourselves and our family with Bajaj Allianz Life Future Wealth Gain. As Maturity Benefit, we will receive the Fund Value plus top up premium fund value, if any as on maturity date, including Guaranteed Loyalty Additions. The Guaranteed Loyalty Additions helps us get higher returns, as it provides 30% of one year’s premium for a policy term of 25 years, payable at the end of every five years, starting from the 10th  policy year.

The minimum premium for Bajaj Allianz Life FutureWealthGain is capped at Rs.50,000 annually. The maximum policy term is 25 years and the minimum premium payment term is 5 years. With this productthe Company has also introduced a New Fund - Pure Stock Fund II, apart from seven other fund choices previously available with the Investor Selectable Portfolio strategy. The Wheel of Life Portfolio strategy is also available to the investors, the regular premium fund value and top up premium fund value, if any, will be reallocated among various funds in a pre-defined ratio based on years to maturity. The plan comes with the option to take maturity benefit in installments (Settlement Option) over a maximum period of 5 years. This will enable one to protect his or her fund value from any unforeseen slowdown.

The key advantages of Bajaj Allianz Life Future Wealth Gain:
  • High Life Insurance Cover
  • Benefit of Accelerated Cancer Cover combined with Income Benefit (applicable only under "Wealth Plus Care" variant)
  • Choice of 2 investment portfolio strategies
  • Loyalty Additions at each interval of 5 years from 10th policy year onward
  • Fund Booster to enhance Fund Value at maturity
  • Option to take maturity benefit in installments (Settlement Option)
  • Option to choose from multiple policy terms

                                     #InvestBefikar with #FutureWealthGain 
                                #JiyoBefikar with #BajajAllianzLifeInsurance




Jyotirmoy Sarkar said...

Now interested to visit their branch near by.


Sure Jyotirmoy , you should visit the Bajaj Allianz branch and get more details to invest in Future Wealth Gain.