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A portfolio strategy involves diversifying the funds within your Unit Linked Insurance Policy as per your risk appetite, with the goal of optimizing returns while aligning with your life goals to ensure financial security and the achievement of long-term objectives. To know more about Portfolio Strategy, 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. T&C Apply. Ad code: BJAZ-PC-EC-06068/24 #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy
Riders are optional add-ons to a life insurance policy that offer extra benefits beyond the basic coverage. These benefits may include additional death benefit, coverage for critical illnesses, waiver of premiums and much more. To know more about Riders, 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. T&C Apply. Ad Code: BJAZ-PC-EC-06300/24 #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy
A nominee in life insurance policy is a person chosen by the policyholder to receive the policy benefits in the event of the life assured's death. They are generally immediate family members like spouse, children or parents designated to receive financial support or assistance after the life assured's passing. To know more about Nominee, 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. T&C Apply. AdCode: BJAZ-PC-EC-05970/24 #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy
Extended life cover is a feature available in certain life insurance policies where the life cover continues beyond the original policy term. This extension typically requires additional premiums to be paid but provides continued coverage for a specified period, safeguarding beneficiaries financially in the event of the life assured's death during this extended duration. To know more about Extended Life Cover, 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. T&C Apply. Ad Code: BJAZ-PC-EC-05916/24 #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy
Return of Life Cover Charges refers to a feature available in Unit Linked Insurance Plans (ULIP) in which the insurance company returns the charges deducted towards providing life cover to the life assured during the policy term. To know more about Return of Life Cover 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. T&C Apply. AdCode: BJAZ-PC-EC-05606/24 #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy
Premium is the regular payment made to the life insurance company, ensuring financial protection for the beneficiaries of the life insurance policy. The premium amount is determined by factors like age, health of the life assured, and the coverage one chooses. To know more about Premium, 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. T&C Apply. Ad Code: BJAZ-PC-EC-05604/24 #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy
Return of Premium (ROP) is a feature in term life insurance plans in which the total premiums paid is returned to the policyholder if the life assured survives the policy term. To know more about Return of Premium, 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. T&C Apply. AdCode: BJAZ-PC-EC-05607/24 #BajajAllianzLife #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy
Partial Withdrawal allows the policyholder to take out a portion of the accumulated fund value from their Unit Linked Insurance Policy (ULIP) without surrendering the policy. Partial Withdrawals are allowed after the lock-in period of 5 years during the policy term. To know more about Partial Withdrawal, 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#LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy Bajaj Allianz Life Insurance Co. Ltd. T&C Apply. Ad Code: BJAZ-PC-EC-05282/24 #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy
A policyholder in the context of life insurance is an individual/entity who owns an insurance policy, entitling them to the benefits and coverage as per the terms and conditions of the policy. To know more about Policyholder, 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#LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy Bajaj Allianz Life Insurance Co. Ltd. T&C Apply. Adcode: BJAZ-PC-EC-05284/24 #LifeGoalsDone #InsuranceSimplified #LifeInsuranceMadeEasy