With the advent of technology, our lifestyle goals have upgraded. Today we use gadgets, appliances and services which were not there 2-3 decades ago. Who knows what is in store for us in the next 2-3 decades? Hence, it is important for us to have a guarantee that our lifestyle goals are done even in our second innings of life- retirement.
Presenting Bajaj Allianz Life Guaranteed Pension Goal which assures your Lifestyle goals by giving guaranteed income throughout life as per your choice and need.
Key Features
• Bajaj Allianz Life Guaranteed Pension Goal is a Non-Participating, Non-Linked, Individual Deferred & Immediate Annuity Plan.
• Guaranteed income throughout life: Your annuity amount is guaranteed at policy inception and is paid regularly as per your choice and need (Yearly/Half-yearly/Quarterly/Monthly)
• Wide range of Annuity Options: Choose from a wide range of Annuity options to meet your Lifestyle goals
• Choose when your second innings starts: Annuity starts immediately or after a few years as per your choice and need
• Ensure your family's lifestyle goals are met even when you are not around: Option for Joint life annuity with 50% or 100% annuity payable to your spouse after your death
• Return of cost (Purchase price): Option to receive Return of Purchase Price (ROP) on death or as Survival Benefit
How does the Plan Work?
• Step-1 Choose Deferred or Immediate Annuity option. Annuity option has to be chosen at inception and once opted cannot be changed
• Step-2 Enter the Purchase price you wish to pay or the Annuity you wish to receive
• Step-3 Choose the Annuity payout frequency
• Step-4 Receive annuity payouts as per chosen frequency
https://www.bajajallianzlife.com/content/dam/balic/pdf/retirement-plans/guaranteed-pension-goal-sl.pdf,
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