Bajaj Allianz Life launches Flexible Income Plan

It has First-of-its-kind feature that provides flexibility to receive or accumulate guaranteed benefits and cash bonus, and earn investment return on it.

There is an option to receive Cash Bonus from the first month onwards of policy.

There is equity exposure up to 40 per cent depending upon variant opted for and option to cover spouse in the same plan 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.

While there are several financial instruments that help build an education corpus for one's 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.

Bajaj Allianz Life Insurance launched Bajaj Allianz Life Flexi Income Goal, to enable a person to create a financial back-up for his 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,' according to a statement here.