
Gaurav will receive Rs.2,709,720 lakhs (the bond fund value at assumed investment rate of 8%) OR Rs.1,350,016 lakhs (the bond fund value at assumed investment rate of 4%) on maturity. The Sum Assured chosen by him is Rs.4,50,000. Gaurav has decided to pay Rs.2500 as monthly premium for a premium payment term of 30 years.

Gaurav aged 30 years has taken a Bajaj Allianz Future Gain policy for a Policy Term (PT) of 30 years. Let's take an example to understand this: Also, if the life insurance policy you choose is one that grows your money, then if you start early you don't have to worry about attaining your financial goals when you're older. What's more beneficial is that the premium amount will also be lesser than someone who is older, since the mortality rates are linked to age. The best time to buy a life insurance policy is when you're young and are less susceptible to life threatening diseases or events. One feels the need of buying life insurance when he or she has someone else who is dependent on their income.
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To ensure that it is not too late, get your #LifeGoals insured with us today! It will help you smile in the face of tomorrow's uncertainties and let you live a worry free life!īuying a life Insurance Plan is not just about money, It's about taking the right step today to work towards your Life goals and attain peace of mind. Life insurance offers a range of products that could come in handy for meeting your financial goals. One needs to be SMART and plan out well in advance to ensure nothing goes wrong in the future. Having life goals is an important aspect in each one's life. A safety net that cushions your family members from the financial impact of your sudden absence and ensures that any outstanding debts that were incurred during your lifetime don't fall upon your loved ones. When you purchase a life insurance policy, one of your major life goal gets fulfilled i.e. Life Insurance protects your family's financial wellbeing from the consequences of living without an income. This allows you and your loved ones to live life fearlessly.

When you opt for a life insurance plan, you transfer your family's financial risks in case of any unfortunate event to the life insurer. And one needs to plan to secure their loved ones and themselves against the Ifs of Life. There could be various Life Goals such as trotting the globe, becoming a food blogger to starting your own business, owning your dream house, or planning your Childs education or marriage. Goals keep changing as per different life stages and one has to plan meticulously for their future.ĭeciding your Life Goal is all about planning to "Live your life, your way". Most just answer it by laughing it off or saying we will think about it.Ī key reason that they feel this way is that they haven't spent enough time thinking about what they want from their life, and haven't set themselves any goals. "What are your life goals?" is one of the most common questions that comes to one's mind while taking any step further in Life.

$For details refer to press release published by CARE 1 day is counted from date of intimation of claim before 3 PM on a working day (excluding Non-NAV days for ULIP) at Bajaj Allianz Life offices ^Solvency ratio 666% as at 31 March 2021 against IRDAI mandated 150%ġ Report published by Kantar millward brownĢSurvey conducted by brand equity – Nielsen in March 2020ħ95% of non-investigative individual claims approved in one working day for FY 2020-21. ~Individual Claims Settlement Ratio for FY 2020-2021
