Bajaj Allianz Life Insurance has unveiled an industry-first variant of its flagship participating savings plan. Bajaj Allianz Life Ace - Increasing Income, A Non-linked, Participating, Individual Life Insurance Savings Plan, empowers customers with a steady flow of rising income, and safeguarding against escalating costs. This plan is designed for a wide range of customers who can save as per their needs and affordability towards a financially secure future.
Bajaj Allianz Life Ace - Increasing Income not only aligns with individual financial goals but also focuses on adaptability in the evolving economic landscape by providing income increasing every year. It empowers customers with a reliable mechanism and a shield against the growing demands of daily life through increasing income option. As one ages, planning for healthcare, long-term care, and post-retirement funds becomes a necessity, and this plan may be one of the preferred solution for it.
On the launch of Bajaj Allianz Life Ace - Increasing Income, Tarun Chugh, MD and CEO Bajaj Allianz Life Insurance said, "In a dynamic economic environment with rising inflation, we understand that customers seek opportunities to create long-term wealth to help them meet their financial goals. Aligned with this we've launched Bajaj Allianz Life Ace - Increasing Income, which offers and provides unparalleled control in the hands of customers to decide when they want to receive their income and maturity benefit.”
