Bajaj Allianz Life launched a guaranteed income-cum-life insurance plan Bajaj Allianz Life Assured Wealth Goal. It comes in two variants for policyholders to choose from based on their financial goals. Bajaj Allianz Life’s Assured Wealth Goal is designed to provide guaranteed tax-free income for up to 30 years.
Key features of Bajaj Allianz Life Assured Wealth Goal Regular plan include guaranteed long-term income, increasing guaranteed income, option to defer and get higher income payout, higher benefit at higher ticket sizes, return of premiums, and tax-free income.
For the year to date till October 2021, Bajaj Allianz Life registered a 34 % growth in gross written premium and a 23 % rise in renewal premium.