Bajaj Life ACE [116N186V03]

Key Advantage

  1. Choice of 4 variants: Early income, Wealth, Deferred income and Increasing income
  2. Choice of Income: Protection: Protect your loved ones with a life cover throughout the policy term, up to 100 years
  3. Choose to receive income: In next 10 days of issuance (Get 40% of your income absolutely guaranteed + 60% as cash bonus throughout the Income Period) or from first month or after a fixed period based on your need Decide if you prefer a level income or an increasing income. Choose if you want income for a limited term or up to 100 years of age.
  4. Goal Protection Benefits: Keep your Life goals intact even if you are not around. In case of unfortunate event Nominee gets Waiver of Premium benefit + Lump sum Death Benefit + Continuity of Income & Maturity as Planned.
  5. Flexibility: Decide if you want an income or lump sum or both
  6. Female Life Benefit: 2% Markup Sum Assured Benefit.

Eligibility Criteria

Plan option

Premium Payment Term PPT

Income Period

Deferment Period

Policy Term

Min/Max

Min/Max

IP

DP

PT

Age at Entry

Age at Maturity

Early Income

5,6,7,8,9,10,12

IP=PT Minus DP

0 to 5 Years

Limited Term : 10 to 45 years

Without GPB:  0-60 Years With GPB: 18 to 55 years

Without GPB:  upto 100 Years With GPB: upto 85 years

Deferred Income

Limited Term : 10,15,20,25,30,Whole Life till age 85,till age 100

Limited Term : 15 to 45 years Whole life : upto Age 85 or 101

Increasing Income

Limited Term : 15 to 45 years Whole life : upto Age 85 or 102

Wealth

NA

NA

Limited Term : 10 to 45 years Whole life : upto Age 85 or 100

 

Who Can Opt This Plan

  • Investors Seeking Early Income & Certainty: Early Income with Guaranteed returns plus bonus upside
  • Goal-Oriented Individuals: Plan for milestones with disciplined investing
  • NRIs: Invest securely with assured benefits and regulated plans.
  • Parents: To secure their child’s future, no matter what life brings

Disclaimer

The Federal Bank Limited is a Corporate Agent having registration number - Regn. No. CA0227. The service provided by The Federal Bank Limited is purely an agency service and is carried out strictly on a non-risk participation basis. The Federal Bank Limited, as corporate agent does not underwrite the risk or act as an insurer. Participation by the Federal Bank’s customers in the insurance product is purely on a voluntary basis and is not linked to the availment of any other facility from the Federal Bank Limited.

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