• Overview
  • Future Gain
  • Goal Assure
  • Long Life Goal
  • Risk Calculator

Bajaj Allianz Future Gain Plan

Are you planning to send your child abroad for higher education or perhaps looking to save for your child’s future? What do you think will be the cost of fulfilling their dreams? Well, as much we say, bringing these big dreams into reality requires immense efforts and well-planned investments. While efforts can be managed on a personal level, what do you do about investments? Among the different investment options available in the market, choosing the right one can be overwhelming.

How about you invest in Bajaj Allianz Future Gain ULIP? An investment in Bajaj Allianz Future Gain ULIP helps secure your and your family’s future financial needs. In short, your children do not have to compromise on their dreams due to lack of funds.

Bajaj Allianz Future Gain available on Finserv MARKETS lets you maximise your benefits at a nominal cost. With this ULIP investment, watch your money grow. Select from two investment plans and seven investment funds made available to you under the policy. Bajaj Allianz Future Gain offers you great flexibility with the option of partial withdrawal from the funds and the option to switch between funds and/or portfolio. Now say ‘Yes!’ to your child’s brighter future with the right investment!

Why Invest in Bajaj Allianz Future Gain ULIP?

● Increasing Educational Costs

Driven by inflation, educational costs in India are on the rise. It is anticipated that with the current scenario of rising costs, the average cost of an MBA degree will be around 50-60 Lakhs (INR), while an engineering degree will cost around 25-30 Lakhs (INR) by 2025-end. Moreover, according to a survey, an average middle-class family spends around 60% of its salary on their children’s education. This alarming situation calls for an investment with high returns, ULIP plans being the ideal choice.

● Dual Benefits in One Plan

With Future Gain ULIP, you enjoy the benefits of an investment as well as an insurance plan. This child investment plan provides a financial protection your child needs, more so in your absence. Even in the case of an unfortunate event, rest assured that your child’s future is secured by means of this Bajaj Allianz Future Gain ULIP.

● Small Investments Reap Bigger Returns

With small investments on regular intervals, you can watch your money grow into a compounded handsome amount on maturity. This collection of funds and the Bajaj Allianz Future Gain fund performance helps ease the financial burden when it comes to paying your child’s education fees and other charges involved when studying abroad.

● Prevents you from falling in debt

With a number of students and their families suffering under the burden of education loan debt, the situation is getting more and more alarming. While you cannot do without getting the best education opportunities for your child, preparing for its finances is vital. Here’s where ULIPs help you. Future Gain ULIPs are a great investment option that enable you to use your regular savings to prevent you from falling into debt.

● Save on Taxes

When it comes to tax savings, a ULIP is the best investment option to have. From its very first investment up to maturity, ULIP plans are exempt as per the Income Tax Act of 1961, under section 80C, 80CCC and 10(10D). Hence, ULIP tax benefits enable you to save more and secure a brighter future for your child with the right financial planning.

●  Add-on Benefits

With the flexibility of enhancing your coverage with the available riders and the option to take maturity benefit in installments, the Bajaj Allianz Future Gain is the plan you need!

Features of Bajaj Allianz Future Gain ULIP

Key features of Future Gain ULIP include:
  • Choose Between the Two Investment Strategies

    The policy provides two investment portfolio strategies, making investing a seamless process for you. The two investment portfolio strategies include: 1. Select Portfolio Strategies – Wherein you get to allocate the premium amount as per your choice. 2. Wheel of Life Portfolio Strategy – Wherein the premium amount is allocated in five funds except Pure Stock Fund and Asset Allocator Fund II. Know that you have the flexibility of choosing between these two strategies and watch your money grow.

  • Invest Portfolio Strategy

    In the investment portfolio strategy, you can allocate your premium amount into funds of your choice. You can choose among the following seven funds ● Equity Growth Fund II ● Bond Fund ● Liquid Fund ● Accelerator Mid-Cap Fund II ● Asset Allocation Fund II ● BlueChip Equity Fund ● Pure Stock Fund Besides, you can enjoy ULIP returns as high as 10-11% over the five-year investment period. Moreover, the option of switching between funds further enhances your investment journey.

  • Dual Benefit

    With its dual benefit, the Future Gain ULIP is not just an ideal investment plan, but also an insurance cover that offers death benefit. In the event of the unfortunate death of the insured, the nominee can claim the ULIP fund amount.

  • Liquidity

    With the Future Gain ULIP plan, you can withdraw your funds post the 5-year lock in period minus any withdrawal charges. You can also make partial withdrawal from funds.

Benefits of Bajaj Allianz Future Gain ULIP

●  Death Benefit

In case of the unfortunate event of your death before the maturity date, your nominee will receive a death benefit as a lump-sum which is the sum assured or fund value, which is higher among them.

● Survival Benefit

With Future Gain ULIP, you can enjoy a maturity benefit as a survival advantage which includes the fund value and the top up premium fund value if applicable.

● Tax Benefits

Under section 80C of the old income tax structure, you can enjoy ULIP tax benefits by claiming deductions equivalent to the premium amount paid by you as life insurance or under 80CCC as pension up to a permissible limit. This limit is currently set at Rs 1.5 Lakh. Also, under section 10(10D), you enjoy tax benefits on partial withdrawal / maturity benefits.

Eligibility & Documents Required for Bajaj Allianz Future Gain ULIP

The following table gives an overview of the eligibility and documents needed when applying for Future Gain ULIP.

Eligibility

  • Minimum age of entry: 1 year old
  • Maximum age of entry: 60 years old
  • Minimum age at maturity: 18 years old
  • Maximum age at maturity: 70 years old
  • Premium paying term: 5 to 30 years
  • Minimum policy term: 10 years
  • The maximum policy term for PPT 5 or 6 years: 10/15/20 years
  • The maximum policy term for other PPT: 10/15/30 years

Documents Required

  • Duly filled application form
  • Proof of Address
  • Proof of Age
  • Other KYC documents such as PAN Card, Aadhaar Card, Tax Details, etc.
  • Medical History

Why Invest in Future Gain?

  • Increasing Educational Costs

    Driven by inflation, educational costs in India are on the rise. It is anticipated that with the current scenario of rising costs, the average cost of an MBA degree will be around 50-60 Lakhs (INR), while an engineering degree will cost around 25-30 Lakhs (INR) by 2025-end. Moreover, according to a survey, an average middle-class family spends around 60% of its salary on their children’s education. This alarming situation calls for an investment with high returns, ULIP plans being the ideal choice.

  • Dual Benefits in One Plan

    With Future Gain ULIP, you enjoy the benefits of an investment as well as an insurance plan. This child investment plan provides a financial protection your child needs, more so in your absence. Even in the case of an unfortunate event, rest assured that your child’s future is secured by means of this Bajaj Allianz Future Gain ULIP.

  • Small Investments Reap Bigger Returns

    With small investments on regular intervals, you can watch your money grow into a compounded handsome amount on maturity. This collection of funds and the Bajaj Allianz Future Gain fund performance helps ease the financial burden when it comes to paying your child’s education fees and other charges involved when studying abroad.

  • Prevents you from falling in debt

    With a number of students and their families suffering under the burden of education loan debt, the situation is getting more and more alarming. While you cannot do without getting the best education opportunities for your child, preparing for its finances is vital. Here’s where ULIPs help you. Future Gain ULIPs are a great investment option that enable you to use your regular savings to prevent you from falling into debt.

  • Save on Taxes

    When it comes to tax savings, a ULIP is the best investment option to have. From its very first investment up to maturity, ULIP plans are exempt as per the Income Tax Act of 1961, under section 80C, 80CCC and 10(10D). Hence, ULIP tax benefits enable you to save more and secure a brighter future for your child with the right financial planning.

  • Add-on Benefits

    With the flexibility of enhancing your coverage with the available riders and the option to take maturity benefit in installments, the Bajaj Allianz Future Gain is the plan you need!

  • Download
  • Future Gain ULIP Plan Brochure

How does Bajaj Allianz Future Gain ULIP work?

A ULIP investment is divided into two parts. The first part goes into the premium to secure the life insurance cover and second part of the investment goes into equity or debt funds to reap financial benefits. With respect to your future financial goals, you can increase or reduce the ratio of your ULIP investments in favor of your investment portfolio or insurance coverage. In both the scenarios, you are sure to gain exceptional financial benefits.

Let’s understand with an example how the Bajaj Allianz Future Gain ULIP helps you save for your child’s future

Vijay, a 35 years old Male is investing Rs.10,000 every month for his 8 years old daughter in Bajaj Allianz Future Gain Plan. With a total investment of Rs. 18,00,000, he will receive Rs. 37,83,930 at the end of 15th policy year. The return amount will help Vijay cater the finances required for his daughter’s higher education so that his daughter does not have to compromise on her dreams.

Riders Benefits in Bajaj Allianz Future Gain ULIP

Here’s a walkthrough of the several rider benefits that allow you to enhance the scope of your Bajaj Allianz Future Gain policy.

  • Accidental Death Benefit: With this add-on, your family will receive an additional sum assured in case of your accidental death.
  • Accidental Permanent Total/Partial Disability Benefit: In case you acquire permanent total/partial disability in an accident, this rider provides an extra sum assured to you and your family members.
  • Critical Illness Benefit: This rider covers you when you are first diagnosed with any of the mentioned 11 critical illnesses. The policy pays an additional sum assured to you and your family, which can be used for the disease treatment and other expenses.
  • Family Income Benefit: Here, 1% of the rider sum assured is paid monthly to your family members in case of your death, accidental permanent total disability or the first diagnosis of any listed critical illnesses.
  • Waiver of Premium Benefit: In case of your death or permanent disablement, the future premiums of your ULIP are waived off under this rider benefit.

Bajaj Allianz Future Gain ULIP – Product Specification

The table below gives a brief about Bajaj Allianz Future Gain ULIP

 

Minimum Limit

Maximum Limit

Entry Age

1 year

 60 years

Maturity Age

18 years

70 years

Policy Term (PT)

10 years

30 years

Premium Paying Term (PPT)

5 years

30 years

Premium Paying Frequency

Annual, half-yearly, quarterly, monthly.

Yearly Premium

Rs. 25,000

Rs. 12 Lakhs

Sum Assured

Higher of –

10 x annual premium or

0.5 x term x annual premium for ages < 45 years

And higher of –

7 x annual premium or 0.25 x term x annual premium for ages >= 45 years

15 x annual premium

Following are the inclusions of the Future Gain ULIP.

  • Partial Withdrawals: You can make partial withdrawals from the policy after the completion of the five-year lock-in period.
  • Free Fund Switches: You can switch funds annually without any additional charges in the Investor Selectable portfolio strategy.
  • Top-Up Premiums: You can increase the fund value by a minimum of Rs. 5000 using the top-up premium facility.

Bajaj Allianz Future Gain ULIP - Exclusions

The only thing excluded from Bajaj Allianz Future Gain ULIP is suicide. However, if you (the policyholder) die by suicide within 12 months of the policy initiation or renewal, your beneficiaries will receive the fund value as of the date of your death.

Know your ULIP Plans Better

 

 

LongLife Goal

Goal Assure

Future Gain

Eligibility for each ULIP

Minimum Entry Age

0

0

1 year old

Maximum Entry Age

65 years old

60 years old

60 years old

Maturity Age

Up to 99 years

Up to 75 years

Up to 70 years

Premium Paying Term

10 to 25 years

5 to 20 years

5 to 30 years

Policy Term

99 - Age of applicant at entry

5/10/15/20 years

10/15/20/30 years

Minimum Premium

Rs. 2,500 per month

Rs. 25,000 per annum

Rs. 3,000 per month

Rs. 36,000 per annum

Rs. 2,500 per month

Rs. 25,000 per annum

Add-on Covers for each ULIP

Waiver of Premium Rider

Available

Not Available

Available

Return of Mortality Charges

Available

Available

Not Available

Loyalty Additions

Available

Available

Not Available

Fund Boosters

Not Available

Available

Not Available

Retired Income Benefit up to the Age of 99 years

Available

Not Available

Not Available

Return Enhancer on Retired Life Income

Available

Not Available

Not Available

Return Enhancer with Settlement Installment

Available

Available

Not Available

No Allocation Charge

Available

Available

Not Available

No Policy Admin. Charge

Available

Not Available

Not Available

No Partial Withdrawal Charges

Available

Available

Available

Additional Information

Survival Benefit

Retired Life Income + Fund Value at Maturity

Fund Value at Maturity

Fund Value at Maturity

Death Benefit

Sum Assured or Fund Value, whichever is higher

Sum Assured or Fund Value, whichever is higher

Sum Assured or Fund Value, whichever is higher

Investment Strategies for Future Gain ULIP Plan

  • Investor Selectable Portfolio Strategy
  • Wheel of Life Portfolio Strategy

To reap ULIP benefits, as a policyholder you can allocate the premiums based on your personal choice among the 8 given funds, as per your risk appetite and investment needs. For more details please refer to the policy brochure. 

Financial needs and goals change as life progresses. Therefore, having an investment strategy that can be re-aligned to such changes in essential. The wheel of life investment strategy allows the policyholder to allocate premiums among 5 funds in pre-defined ratio. This ratio changes as the policy ages towards maturity. 

Why Buy Bajaj Allianz Future Gain on Finserv MARKETS?

Bajaj Allianz Future Gain

You can also check out our other ULIP plans such as Bajaj Allianz Goal Assure and Bajaj Allianz Long Life Goal that are customized to best suit your financial goals and maximize your returns.

Other ULIP Plans Available At Finserv MARKETS

Bajaj Allianz Goal Assure

Bajaj Allianz Life Long Life Goal

Manage all your Future Gain related queries here

  • ✔️What type of plan is Bajaj Allianz Life Future Gain?

    Future Gain Plan is an individual unit linked endowment plan.
  • ✔️What are the two different portfolio strategies available in Future Gain?

    There are two portfolio strategies ◦ Investor selectable portfolio strategy ◦ Wheel of life portfolio strategy
  • ✔️How many funds are available in investor selectable portfolio strategy in Bajaj Allianz Future Gain? Which are they?

    Under the investor selectable portfolio strategy, the policyholder will have the following 7 Fund choices: - ◦ Equity Growth Fund II ◦ Pure Stock Fund ◦ Liquid Fund ◦ Accelerator Mid-Cap Fund II ◦ Asset Allocation Fund II ◦ Bluechip Equity Fund ◦ Bond Fund
  • ✔️Can a policyholder change the premium paying term with Bajaj Allianz Future Gain?

    Yes, the policyholder has an option to change (increase or decrease) the premium paying term at any time subject to the minimum and maximum premium paying term allowed under the product and subject to the minimum premium under the plan
  • ✔️What is a Net Asset Value (NAV)?

    Net Asset Value (NAV) is the price of units of a fund and is calculated in rupees. By viewing the Bajaj Allianz Future Gain NAV changes you can take informed decisions while switching between funds.

ULIP (Unit Linked Insurance Plan) Reviews

ULIP (Unit Linked Insurance Plan) Reviews

3.8out of 5

7 reviews

Ideal for Long-Term Financial Goals

I invested in Bajaj Allianz future gain ULIP to make sure that my child gets quality higher education. The dual benefit of investment and insurance is the best part about future gain ULIP. I would recommend it to everyone looking to safeguard their long term financial goals.

Flexibility in Investment

While investing in the Bajaj future gain, I could easily choose the investment option according to my risk appetite. Thanks to Finserv MARKETS, I could secure my child’s future with ease.

The application process is easy and quick

The application process was online and simple and I could avail investment and insurance under one plan. I can also check the fund performance online. It is the best option to secure your long term financial goals.

Saving for my child's higher education

When my son decided to pursue higher education, saving for it was a priority. The Bajaj Allianz Future Gain was an ideal plan for my saving requirement. Great product.

Great product for good investment returns

Bajaj Future Gain helped me build wealth for my daughter's education. With good returns, flexibility to switch between funds, and more, the plan was a great choice for my financial decision.

Bajaj Future Gain ULIP is definitely a right choice!

I purchased the Bajaj Allianz Future Gain ULIP plan on Finserv MARKETS. Its unique features let me maximize my benefits at nominal costs. While purchasing the plan, I got a choice to choose from 2 investment portfolios, making it a more customized experience!

I picked Bajaj Allianz Future Gain ULIP for its great flexibility benefit

Bajaj Future Gain ULIP offered me great flexibility through partial withdrawal and option to switch between funds. This way I got complete visibility of my invested amount. Great plan!