Bajaj Allianz Life Insurance Invest Gain Gold is an endowment plan. The main feature of this insurance plan is Family Income Benefit! This FIB sustains the family by compensating for loss of income due to death or permanent disability. Other then this, Bajaj Allianz also offers some additional features.
Here are some of the benefit riders of Invest Gain Gold:-
Accidental Death Benefit:
Accidents are many a time disastrous as they come without any prior warning which is a havoc for who bares its, as the dependents of the individual who is suffering with fatal accident and is critical has to face two circumstances- one is the shock of the person who is critical or dead and the other is finance. The trauma may not become less but financial expense can be lessen to some extent. As Bajaj Alliance offers accidental death benefit to the deceased family to regain the permanent loss of income by paying an amount equal to the Sum Assured.
Waiver of Premium Benefit:
In case one deals with accident then it becomes almost impossible for him to earn further. Therefore, this waiver of premium is like a friend in need to you in such times. It adheres all future premiums while the life cover is still going on.
Critical Illness Benefit:
If you encounter any illness that is too critical to handle then you may end spending your hard earned money in levy to conquer that illness. Critical illness benefit lessen the impact by paying the benefit plan immediately, while other policy benefits continue.
Hospital Cash Benefit:
Paying down hospital bills is another worry for the person who has been recovered from critical illness. Bajaj Allianz Hospital Cash Benefit reduces this financial burden and helps recovery with peace of mind.
Flexibility in Coverage:
Bajaj Allianz, believe in providing benefits through their products. They however, gives you the flexibility of inclusion of coverage or exclusion of coverage during every policy term. Family Income Benefit, Critical Illness Benefit and Hospital Cash Benefit can be taken in the beginning only.
