Get Guaranteed Tax-exempted Returns
A savings plan can not only help provide you with financial cover in case of any unfortunate event but also offers a guaranteed maturity benefit at the end of the policy term. This amount could be used for various purposes like marriage, children’s education, buying a dream house, building a retirement corpus, and more.
Features & Benefits
1
Tax Savings
Under the Income Tax Act, 1961, you can claim tax deductions on premiums paid and the maturity amount as specified under Sections 80C and 10(10D), respectively2
Guaranteed Returns
Utilise the funds received at the end of the policy period to meet various financial needs3
Death Benefit
Secure your family’s finances to ensure that they can continue to live comfortably in your absence, without any financial strain caused by income loss
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Your financial decisions could have a lasting impact on your life and the lives of your loved ones. Therefore, it is important to do your due diligence before choosing a policy. The savings made from such long-term plans could help manage expenses and fulfil your family’s needs.
Get started on Bajaj Markets today and compare different plans to choose one that suits your needs.
Why get Insurance Through Bajaj Markets?
Bajaj Markets, a digital financial marketplace, features plans that aid savings to fulfil multiple life goals. Whether you're planning for a secure future or meeting specific financial targets, this marketplace has tailored solutions to meet your unique requirements. These plans can be a great mix of security and savings.
How Insurance Plans are Good for Saving?
Insurance plans allow you to build savings in line with your key long term milestones in life. With these plans, you can have good control over your savings and expenditures to balance your dreams with your present. The plans also give you the double advantage of savings and life cover. You can choose from multiple plan types available on the marketplace.
Riders for Additional Coverage
Riders are the additional benefits that can be purchased with the insurance policy. If opted, the riders can enhance the coverage and provide you with comprehensive protection. Some of these may be accidental death benefit and critical illness benefit, among others.
Loan Facility
With certain insurance plans, you can get the advantage of a loan against policy when you need it. The amount depends upon the percentage of the cash value or sum assured, depending on the policy’s terms and conditions.
Tax Savings
Enjoy tax benefits under Section 80C of the Income Tax Act, 1961 to make the most of your savings plan.
Wealth Accumulation
These insurance plans help you save and create a financial corpus for your future needs and goals.
