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Bajaj Allianz Life Guaranteed Income Goal
Bajaj Allianz Life Guaranteed Income Goal
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Non-linked, non-participating endowment life insurance plan
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Guaranteed1 increasing income5
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Option to extend life cover beyond policy term
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Tax benefits as per prevailing Income Tax laws
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Choice of 2 variants – Income Benefit & Lumpsum Benefit
5Available with Income Benefit
1Conditions apply. The Guaranteed benefits are dependent on the policy term, premium payment term availed along with other variable factors. View details at www.bajajallianzlife.com).
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View the latest and complete list of rates and charges
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Parameter |
Details |
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Minimum Entry Age |
6 years |
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Maximum Entry Age |
60 years |
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Minimum Age at Maturity |
18 Years |
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Maximum Age at Maturity |
72 years |
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Maximum Age for termination of life cover (if ELC is opted) |
84 years |
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Policy Term (PT) & Premium Payment Term (PPT) |
Lumpsum Benefit |
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PT (in years) |
10 |
12 |
15 |
20 |
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PPT (in years) |
5, 7, 10 |
5, 7, 8, 12 |
5, 7, 8, 10, 12 |
5, 7, 8, 10, 12 |
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Income Benefit |
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PT (in years) |
5 |
7 |
10 |
12 |
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PPT (in years) |
5 |
7 |
5, 7, 10 |
5, 7, 12 |
Minimum Premium (Rs) |
Variant |
Yearly |
Half-Yearly |
Quarterly* |
Monthly* |
Lump-sum |
22,855 |
11,656 |
5,942 |
2,057 |
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Income |
28,822 |
14,699 |
7,494 |
2,594 |
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Maximum Premium |
As per Maximum Sum Assured |
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Minimum Sum Assured |
Rs. 1,00,000 |
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Maximum Sum Assured |
Based on Board Approved Underwriting Policy |
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Premium Payment Frequency |
Yearly, Half yearly, Quarterly* and Monthly* |
Risk cover will commence immediately on the date of commencement of risk of the policy and, in the case of a minor life, policy will vest on the life assured on the earlier of attainment of majority (i.e., 18 years age last birthday) and on maturity date.
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Identify proof
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Age proof
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Address proof
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Recent photograph
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