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Pension Guarantee Plan
Pension Guarantee Plan ensures regular Income after Retirement. for Life. With Bajaj Allianz Pension Guarantee Plan, you can ensure a regular income after retirement. The plan offers you a range of immediate annuities to choose from. 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. Under all options, annuity is payable for life, so you don't have to worry about your income stopping at any age.
 
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Pension Guarantee Plan
Important details of the "Bajaj Allianz Pension Guarantee" Plan
Minimum Age at Entry 40
Maximum Age at Entry 80
Minimum Purchase Price Rs.25,000
Minimum Annuity Instalment Rs.1,000
The Pension Guarantee plan offers a 15 day free look period and tax benefits under section 80C.