Bajaj Life ACE [116N186V03]
Key Advantage
- Choice of 4 variants: Early income, Wealth, Deferred income and Increasing income
- Choice of Income: Protection: Protect your loved ones with a life cover throughout the policy term, up to 100 years
- 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.
- 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.
- Flexibility: Decide if you want an income or lump sum or both
- Female Life Benefit: 2% Markup Sum Assured Benefit.
Eligibility Criteria
| Plan option |
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.
Life insurance Related Products
With Wealthsurance, you pay just once and can enjoy growth on your investments along with a life cover.
Unit Linked, Non-Participating, Individual Life Insurance Plan
Accomplish your goals the smart way - A ULIP Plan Which Will Help You Grow Your Wealth While Protecting Your Loved Ones. (UlN 135L053V02)
Build your wealth with the flexibility of monthly or annual payment options
A Non-linked, Non-participating, Individual, Pure Risk Premium and Savings Life Insurance Plan
For An Enjoyable Retirement With Guaranteed Income
A Single Premium, Non-linked, Non-Participating, Individual, Immediate Annuity Plan
A non linked, non participating life insurance plan. Don't rely on luck, Guarantee your future.
A Non-linked, Non - Participating, Individual, Savings, Life Insurance Plan
A Non-linked, Participating, Individual Life Insurance Savings Plan.
A quick, hassle-free life insurance plan with guaranteed payouts or lumpsum depending on the option chosen.
A Non-linked, Participating, Individual Life, Savings Insurance Plan
The plan keeps you committed to regular savings and boosts your corpus with guaranteed additions and bonus contributions. It provides guaranteed pay outs in a chosen timeframe to help you fund the crucial milestones of your child’s life. And most importantly, it ensures that your loved one’s dreams stay financially safe even in case of your unfortunate absence.
A single premium, non-linked, non-participating, group credit term plan
A Single premium, Non-Linked, Non-Participating, Group Pure Risk Premium, Life Insurance Plan
A Single premium, Non-Linked, Non-Participating, Group Pure Risk Premium, Life Insurance Plan