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You have been working hard. You’re
going to retire one day. How do you
see your retirement? Traveling? Golfing?
Turning a hobby into a second career
or volunteering for a noble cause
or simply spending more time with
your family. In retirement, how you
choose to spend your time is now upto
you. Its also upto you to ensure your
retirement income lasts as long as
you do. Taking charge of your retirement
begins with Bajaj Allianz Swarna Raksha,
a plan that ensures that your olden
years are your golden years.
The “Bajaj
Allianz Swarna Raksha” ROC Plan
With Bajaj Allianz Swarna Raksha,
you can ensure a regular income after
retirement. The plan offers you a
Life Annuity with Return of Capital.
How does Bajaj
Allianz Swarna Raksha work?
All you have to do is pay a lump sum
amount to Bajaj Allianz Life Insurance
Company, and the annuity payments
will start after expiry of monthly/quarterly/half-yearly/yearly
interval corresponding to the payment
mode selected by you. Here annuity
is payable for life, so you do not
have to worry about your income stopping
at any stage. What more, under the
return of capital option, the amount
used to purchase the annuity is paid
to the nominee on the death of the
annuitant.
Important
details of the “Bajaj Allianz
Swarna Raksha ROC” Plan
Minimum Age at Entry 45
Maximum Age at Entry 80
Minimum Lump Sum Rs. 50,000
Minimum Annuity Instalment Rs. 1000
How much will
you get?
For Rs. 10,00,000/- invested in Swarna
Raksha at age 60, you will receive
Rs. 53,690/- per annum GUARANTEED
for life, with return of Rs. 10,00,000/-
to your nominee on death.
Annuity Frequency
Mode
For your convenience we have provided
4 Annuity Frequency Modes that can
be Yearly, Half yearly, quarterly
or monthly. The annuity will be payable
one month/quarter/half year/year after
the date of purchase depending on
the mode selected.
Female Lives
The annuity rates for female lives
shall be the corresponding annuity
rate for a 4 year younger male.
15 days Free
Look Period:
Within 15 days from the date of receipt
of the policy, you have the option
to review the terms and conditions
and return the policy, if you disagree
to any of the terms & conditions,
stating the reasons for your objections.
You will be entitled to a refund of
the premium paid, subject only to
a deduction of the expenses incurred.
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