🌟 USP: Bajaj Allianz Life ACE – Flexible Income + Lifetime Protection in One Plan
Bajaj Allianz Life ACE is a thoughtfully designed life insurance plan that gives you the power to choose how and when you want to receive income — while keeping your family protected with life cover for up to 100 years of age. Whether you want early returns, future income, or a wealth-building lump sum, this plan adapts to your financial vision.
💼 What Makes This Plan Unique?
1. Customizable Income Options
You get to choose from four income strategies to suit your life stage and financial priorities:
- Early Income Plan: Want cash flows from the start? This option gives you payouts beginning right after the deferment period (as early as the first month or year).
- Deferred Income Plan: Prefer to wait? You can delay your income start for up to 5 years after the premium term — ideal if you’re planning for retirement or future milestones.
- Increasing Income Plan: Secure rising payouts every year with a 5% annual increase on a compounding basis. It helps combat inflation and builds a steady rising income stream.
- Wealth Option: If you’re looking to build a corpus instead of getting regular payouts, this option accumulates your savings for a lump sum payout at the end of the policy.
🛡️ Long-Term Life Protection
Your family stays financially protected with life cover that continues up to the age of 100, offering peace of mind and a safety net for decades.
🧮 Flexible Payment Terms
- Choose premium payment terms from 5, 6, 7, 8, 9, 10, or 12 years.
- Policy terms are flexible, ranging from 10 years up to whole life coverage.
- Income start can be postponed up to 5 years to suit your planning.
🎁 Key Benefits at a Glance
✅ Guaranteed Regular Income
In Early or Deferred options, you’ll receive a fixed percentage of the Benefit Sum Assured as your income — dependable and predictable.
✅ Cash Bonuses (If Declared)
Based on company performance, you may receive additional bonuses that enhance your income.
✅ Lump Sum at Maturity
At the end of the policy term, you may receive:
- Minimum 105% of all premiums paid
- Any accumulated income (if applicable)
- Terminal bonus (if declared by the company)
✅ Robust Death Benefit
In case of unfortunate death during the policy term, the nominee receives:
- Sum Assured on Death (minimum 11x annual premium)
- Any accumulated income benefits
- Terminal bonus (if applicable)
📌 Who Can Apply?
| Criteria | Eligibility Details |
|---|---|
| Entry Age | From birth (0 years) up to 60 years |
| Maturity Age | From 18 years to 100 years |
| Minimum Annual Premium | ₹25,000 |
| Sum Assured | Minimum: 11x the annual premium |
📈 Tax Advantages
Enjoy tax benefits on premiums paid and payouts received, subject to prevailing tax laws under sections like 80C and 10(10D).
🎯 Ideal For:
- Individuals planning early retirement or passive income
- Parents preparing for children’s education or marriage
- Anyone seeking a combination of savings + protection
- Investors looking to build wealth with insurance benefits