Bajaj Allianz Life Assured Wealth Goal Platinum launched: From key features to benefits, all you need to know

livemint.com:

Bajaj Allianz Life Insurance recently launched an inclusive scheme that enables policyholders to access assured early income. The latest offering, Bajaj Allianz Life Assured Wealth Goal Platinum, provides guaranteed payouts from the commencement of the second policy year.

This plan empowers individuals to customise their financial strategies, facilitating the accomplishment of various life goals ahead of time, such as funding a child's education or enjoying a vacation. Aside from furnishing essential life coverage, this life insurance scheme presents many features, rendering it an ideal selection for individuals in search of assurance and adaptability.

As a non-linked, non-participating individual life insurance and savings plan, it offers a unique opportunity for customers to receive early guaranteed income payouts for immediate needs or to accumulate the income and receive a lumpsum at policy maturity, or even to offset renewal premiums. Furthermore, the product ensures sustained income and an augmented Return of Premium, safeguarding financial stability for the nominee in the unfortunate event of the policyholder's demise during the income period.

Tarun Chugh, MD & CEO, Bajaj Allianz Life, said, “At Bajaj Allianz Life, our goal is to provide insurance and investment solutions for an expansive and diverse customer segment. There's a significant segment that seeks stability amidst volatility, coupled with flexibility, and Bajaj Allianz Life Assured Wealth Goal Platinum is a suitable fit for them.

This policy offers peace of mind for individuals and families navigating today's economic challenges. They enjoy the best of both worlds – guarantee and flexibility – empowering them to fulfil not only their long-term but also