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We hit the streets to talk about life insurance! And, here’s what we found out: 👉 Most people don’t know enough about their life cover or life insurance. 👉 Even those who do often aren’t sure if their life cover is adequate to support their family’s financial needs and goals in the long run. Here’s what you need to know: A good rule of thumb is to have a life cover of at least 10 times your annual income. This ensures your loved ones can maintain their lifestyle and manage expenses, even in your absence. With Bajaj Allianz Life’s 10x Term Insurance plans, you can get an adequate life cover to secure your family’s financial future. Connect with us to explore comprehensive plans: https://bit.ly/4fzT9rd#TermInsurance #LifeInsurance #10xLifeCover #BajajAllianzLife #LifeGoalsdone #TermPlan Bajaj Allianz Life Insurance Co. Ltd. | IRDAI Reg. No.:116 T&C Apply: https://bit.ly/4fFKTX8 | BJAZ-PC-EC-11640/24 #TermInsurance #LifeInsurance #10xLifeCover #BajajAllianzLife #LifeGoalsdone #TermPlan
Fund management charges, as the name suggests, are fees charged by the insurer for managing the investment funds in a unit-linked insurance policy. These charges are deducted as a percentage of the fund’s value and help cover the cost of professional fund management. To know more about Fund Management Charges, watch this easy-to-understand video, part of ‘Life Insurance Made Easy' a customer education initiative by Bajaj Allianz Life. For more videos, please visit the link: https://bit.ly/3Hv7rIj #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy Bajaj Allianz Life Insurance Co. Ltd. IRDAI Reg. No.: 116. T&C Apply. AdCode: BJAZ-PC-EC-10995/24 #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy
A High Sum Assured Rebate is a discount offered on the premium for life insurance policies with a larger cover. Such rebates can help customers secure more comprehensive financial protection for their families at a lower overall cost. To learn more about this rebate, watch this easy-to-understand video, part of ‘Life Insurance Made Easy' a customer education initiative by Bajaj Allianz Life. For more videos, please visit the link: https://bit.ly/3Hv7rIj #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy Bajaj Allianz Life Insurance Co. Ltd. IRDAI Reg. No.: 116. T&C Apply. AdCode: BJAZ-PC-EC-11000/24 #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy
A type of life insurance policy that covers two lives under a single plan, typically taken by spouses. The payout is usually made upon the death of the first or second life assured, depending on the policy's terms and conditions. To know more about a joint life policy, with the help of an example, watch this easy-to-understand video, part of ‘Life Insurance Made Easy' a customer education initiative by Bajaj Allianz Life. For more videos, please visit the link: https://bit.ly/3Hv7rIj #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy Bajaj Allianz Life Insurance Co. Ltd. IRDAI Reg. No.: 116. T&C Apply. AdCode: BJAZ-PC-EC-10996/24 #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy
With the rising inflation, do you think your family is financially protected with enough life cover? Check out this whole video to know! A good rule of thumb suggests that your life cover should be at least 10 times your annual income. This ensures your family can maintain their lifestyle and manage expenses, even in your absence. Bajaj Allianz Life offers comprehensive 10x Term Insurance plans that ensure you have adequate life cover to secure your family's financial future. Check out their plans and underinsurance calculator to explore the suitable life cover for your family. Connect with us here: https://bit.ly/4fzT9rd #AnushkaRathod #Finance #TermInsurance #LifeInsurance #10xLifeCover #BajajAllianzLife #LifeGoalsdone #TermPlan Bajaj Allianz Life Insurance Co. Ltd. | IRDAI Reg. No.:116 T&C Apply: https://bit.ly/3C8skfw | BJAZ-PC-EC-10110/24 #AnushkaRathod #Finance #TermInsurance #LifeInsurance #10xLifeCover #BajajAllianzLife #LifeGoalsdone #TermPlan
Premium redirection, in the context of life insurance, allows the reallocation of future premiums to different investment funds within a unit-linked insurance plan (ULIP), providing flexibility to adjust investments based on changing financial objectives. To know more about this feature, watch this easy-to-understand video, part of ‘Life Insurance Made Easy' a customer education initiative by Bajaj Allianz Life. For more videos, please visit the link: https://bit.ly/3Hv7rIj#BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy Bajaj Allianz Life Insurance Co. Ltd. IRDAI Reg. No.: 116. T&C Apply. Ad Code: BJAZ-PC-EC-10050/24 #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy
One of the most important financial steps you need to take early on in life is "Buying a Term Insurance Plan”. But then comes the actual question, "How much life cover is enough?" Imagine paying the premium all your life and the cover fails to be sufficient for your family. That's why we need to follow a thumb rule that says, “Your life cover should be at least 10 times your annual income that ensures your family can maintain their lifestyle and gives them enough time to be financially stable again.” That's where Bajaj Allianz Life’s 10x Term Plan comes into play providing robust financial coverage to you and your family. To know more, connect with us here: https://bit.ly/3x1Y4R8#TermPlan #LifeInsurance #10xLifeCover #BajajAllianzLife #LifeGoalsDone Bajaj Allianz Life Insurance Co. Ltd. | IRDAI Reg. No.:116 T&C Apply: https://apps.bajajallianzlife.com/bajaj-allianz-video-gal/wp-content/uploads/2024/10/Bajaj- Allianz-Life-10xTerm-Plans-Influencer-TC.pdf BJAZ-PC-EC-10454/24 #TermPlan #LifeInsurance #10xLifeCover #BajajAllianzLife #LifeGoalsDone
Policy admin charges are fees deducted periodically by the life insurer to cover administrative expenses such as managing policy records, processing claims, and servicing the policy throughout its duration. To know more about these charges, watch this easy-to understand video, part of ‘Life Insurance Made Easy' a customer education initiative by Bajaj Allianz Life. For more videos, please visit the link: https://bit.ly/3Hv7rIj#BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy Bajaj Allianz Life Insurance Co. Ltd. IRDAI Reg. No.: 116. T&C Apply. Ad Code: BJAZ-PC-EC-10015/24 #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy
The claim settlement ratio is the percentage of life insurance claims a company has paid out compared to the total claims received. It represents the reliability of the life insurer in honouring policyholder claims. To know more about Claim Settlement Ratio, watch this easy-to-understand video, part of ‘Life Insurance Made Easy', a customer education initiative by Bajaj Allianz Life. For more videos, please visit the link: https://bit.ly/3Hv7rIjhashtag#BajajAllianzLife hashtag#LifeGoalsDone hashtag#InsuranceSimplified hashtag#LifeInsuranceMadeEasy Bajaj Allianz Life Insurance Co. Ltd. T&C Apply. Ad Code: BJAZ-PC-EC-09634/24 #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy