Overview
Life is about making smart choices, so are savings. Especially when these choices are about your Life Goals.
Presenting Bajaj Allianz Life Smart Wealth Goal V, an insurance plan loaded with smart features like Life cover, Return of Life Cover charge, Return of Allocation charge and multiple investment strategies to make the most of your savings.
Bajaj Allianz Life Smart Wealth Goal V is a non-participating, individual, life, regular premium, Unit-Linked, limited premium; single premium1 payment plan. You can opt for any one out of the three variants offered under the plan.
Advantages
Return of Mortality Charges:
The ULIP plan helps you to accelerate your journey towards life goals by returning life cover charges at the end of the policy term if all due premiums have been paid.
Multiple Investment Strategies:
You can opt from five investment portfolio strategies at the inception of the policy — Investor Selectable Portfolio Strategy, Wheel of Life Portfolio Strategy II, Trigger Based Portfolio Strategy II, Auto Transfer Portfolio Strategy and Capital Preservation-Oriented Strategy, in line with your need and risk profile.
Multiple Fund Options:
Those opting for Investor Selectable Portfolio Strategy can choose from Nineteen ULIP fund options depending on their need, risk profile and time horizon.
Option to change Premium Payment Term
This plan offers a unique feature of reducing the prevailing regular or limited premium by up to a maximum of 50% of the prevailing premium after the first five policy years. The reduction is subject to the minimum premium criteria under the plan being met and product terms and conditions.