Goal Assure

Bajaj Allianz Life POS Goal Suraksha Watch Video A Non-Participating Non-linked Life Insurance Plan

  • Guaranteed^ maturity benefit
  • Offers Guaranteed^ Additions at maturity
  • Limited premium payment term

Happy to contact you

Please select a option
X

Terms & Conditions

I hereby authorize Bajaj Allianz Life Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) or on National Do Not Call Registry (NDNC), any call made, SMS or WhatsApp sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business


Please refer to BALIC Privacy Policy

  • Overview
  • Key Advantage
  • How this works
  • Eligibility
  • Downloads
  • Sample Illustration
  • Policy Benefits
birthday_image

Savings Plan For Your Family Goals - Bajaj Allianz Life POS Goal Suraksha

Your family's security and its future well-being is one of the most treasured dreams in your life. But when Security is backed up by a guarantee, your dream can transform into an achievable GOAL.
Presenting Bajaj Allianz Life POS Goal Suraksha, an easy to buy, non-linked, life, individual, non-participating, limited premium payment, non-medical, POS endowment savings plan that secures you and your family against all odds with a guaranteed sum at maturity.

Bajaj Allianz Life POS Goal Suraksha is a non-linked, life, individual, non-participating, limited premium payment, non-medical, POS endowment savings plan. The key advantages of this savings plan are:

Guaranteed maturity benefit

Offers Guaranteed Additions at maturity

Limited premium payment term

Option to take policy loan

Option to alter premium payment mode

Choose your Premium amount

Sum Assured will be 10 times of the annualized premium

Choose your Policy Term (PT)

Choose your Premium Payment Term (PPT) from available options

Entry Age

Minimum age is 18 years

Maximum age is 55 years

Maturity Age

Minimum age of maturity 28 years

Maximum age of maturity 65 years

Policy Term (PT) & Premium Payment Term (PPT)

Policy Term

Premium Payment Term

10 years

7 years

15 years

5,7, 10 & 12 years

Minimum Premium

Mode

Yearly

Half-Yearly

Quarterly

Monthly

Premium `

` 3,000

` 2,100

` 1,250

` 450

Maximum Premium

As per Maximum Sum Assured

Sum Assured

Minimum Sum Assured is ` 30,000

Maximum Sum Assured is ` 10,00,000

Premium Payment Frequency

Yearly, Half-yearly, Quarterly* and Monthly*

*Quarterly & Monthly premium payment frequency will be allowed only under auto-debit process (as per the approved RBI facilities)
 

Subhash is 40 years old

He is taking a Bajaj Allianz Life POS Goal Suraksha.

  • MATURITY & DEATH BENEFIT

The below table gives a illustration of different premium ticket size, policy term and premium payment term combinations along with the Death & Maturity Benefit which will be received by Subhash or his nominee(s) / beneficiaries as the case maybe.

Annualized Premium

Total Premium Paid

Premium Payment Term
(in years)

Policy Term
(in years)

Death Benefit

Maturity Benefit

Guaranteed Additions (A)

Guaranteed Maturity Benefit (B)

Total Maturity Benefit
(A)+(B)

₹ 5,000

₹ 35,000

7

10

₹ 50,000

₹ 50

₹ 50,000

₹ 50,050

₹ 10,000

₹ 70,000

₹ 1,00,000

₹ 100

₹ 1,00,000

₹ 1,00,100

₹ 15,000

₹ 1,05,000

₹ 1,50,000

₹ 150

₹ 1,50,000

₹ 1,50,150

₹ 25,000

₹ 1,75,000

₹ 2,50,000

₹ 250

₹ 2,50,000

₹ 2,50,250

₹ 50,000

₹ 3,50,000

₹ 5,00,000

₹ 500

₹ 5,00,000

₹ 5,00,500

₹ 5,000

₹ 25,000

5

 

15

 

₹ 50,000

₹ 50

₹ 50,000

₹ 50,050

₹ 10,000

₹ 50,000

₹ 1,00,000

₹ 1,00

₹ 1,00,000

₹ 1,00,100

₹ 15,000

₹ 75,000

₹ 1,50,000

₹ 150

₹ 1,50,000

₹ 1,50,150

₹ 25,000

₹ 1,25,000

₹ 2,50,000

₹ 250

₹ 2,50,000

₹ 2,50,250

₹ 50,000

₹ 2,50,000

₹ 5,00,000

₹ 500

₹ 5,00,000

₹ 5,00,500

₹ 5,000

₹ 35,000

7

15

₹ 50,000

₹ 13,850

₹ 50,000

₹ 63,850

₹ 10,000

₹ 70,000

₹ 1,00,000

₹ 27,700

₹ 1,00,000

₹ 1,27,700

₹ 15,000

₹ 1,05,000

₹ 1,50,000

₹ 41,550

₹ 1,50,000

₹ 1,91,550

₹ 25,000

₹ 1,75,000

₹ 2,50,000

₹ 69,250

₹ 2,50,000

₹ 3,19,250

₹ 50,000

₹ 3,50,000

₹ 5,00,000

₹ 1,38,500

₹ 5,00,000

₹ 6,38,500

₹ 5,000

₹ 50,000

10

15

₹ 52,500

₹ 32,650

₹ 50,000

₹ 82,650

₹ 10,000

₹ 1,00,000

₹ 1,05,000

₹ 65,300

₹ 1,00,000

₹ 1,65,300

₹ 15,000

₹ 1,50,000

₹ 1,57,500

₹ 97,950

₹ 1,50,000

₹ 2,47,950

₹ 25,000

₹ 2,50,000

₹ 2,62,500

₹ 1,63,250

₹ 2,50,000

₹ 4,13,250

₹ 50,000

₹ 5,00,000

₹ 5,25,000

₹ 3,26,500

₹ 5,00,000

₹ 8,26,500

₹ 5,000

₹ 60,000

12

15

₹ 63,000

₹ 43,700

₹ 50,000

₹ 93,700

₹ 10,000

₹ 1,20,000

₹ 1,26,000

₹  87,400

₹ 1,00,000

₹1,87,400

₹ 15,000

₹ 1,80,000

₹ 1,89,000

₹ 1,31,100

₹ 1,50,000

₹2,81,100

₹ 25,000

₹ 3,00,000

₹ 3,15,000

₹ 2,18,500

₹ 2,50,000

₹ 4,68,500

₹ 50,000

₹ 6,00,000

₹ 6,30,000

₹ 4,37,000

₹ 5,00,000

₹ 9,37,000

1. The death benefit will be receivable by the nominee(s)/beneficiaries and demonstrated as death of Life Assured at the end of PPT

2. The premiums mentioned above are exclusive of any extra premium loading and Goods & Service Tax/any other applicable tax levied, subject to changes in tax laws.

Maturity Benefit

On the maturity date, if all premiums are paid, the Guaranteed Sum Assured on Maturity plus Guaranteed Additions, under your policy, will be paid and the policy will terminate.

Death Benefit

In case of unfortunate death of the Life Assured due to accident during the waiting period$ or in case of death of the Life Assured after the waiting period$ due to any cause, the death benefit is payable to the nominee (s) / beneficiaries. Such death benefit is stated as Sum Assured on Death# which is as below.

Sum Assured on Death# will be higher of

  • 10 times of Annualized Premium*,
  • 105% of Total Premiums** paid as on date of death,
  • Sum Assured#,

In case of death of the Life Assured during the Waiting period other than due to an accident, the death benefit payable to the nominee(s) / beneficiaries will be the 100% of Total Premiums** paid till date, excluding any extra premium, rider premium & Goods & Service Tax/any other applicable tax levied, subject to changes in tax laws.

The policy will terminate on payment of the death benefit.

The death benefit is payable provided the policy is in-force and all due premiums have been paid.

*Annualized Premium is exclusive of extra premium, loadings for modal premiums and Goods & Service Tax, if any.

**Total Premiums paid is equal to (Annualized Premium X number of years for which premiums have been paid)

#Guaranteed Sum Assured on Maturity and Sum Assured is 10 times the Annualized Premium

$Waiting period is the first 90 days from the date of commencement of risk. Waiting period is not applicable in case of revival.

Guaranteed Additions

On maturity date, if all due premiums have been paid, Guaranteed Additions as a multiple of one Annualized Premium will be paid along with the maturity benefit. The Guaranteed Additions payable are as per the table given below –

GA as Multiple of one (1) Annualized Premium
Age at Entry Policy Term / Premium Payment Term
10 years / 7 years 15 years / 5 years 15 years / 7 years 15 years / 10 years 15 years / 12 years
18 – 24 years 0.01 0.01 3.46 7.75 10.25
25 – 34 years 0.01 0.01 3.00 7.02 9.34
35 – 45 years 0.01 0.01 2.77 6.53 8.74
46 – 55 years 0.01 0.01 2.60 6.29 8.43

 

Guaranteed additions will not be payable in case of a lapsed or paid-up policy.

  • About Us
  • Amongst ‘Top 75 most valuable Indian Brands 2020’1
  • One of the most Trusted Brand2
  • Claims Settlement Ratio 98.02%~
  • 1 Day Claim Approval7
  • Solvency ratio of 708%**
  • AAA (IS):Stable Rating by CARE$
  • Claim deposits via electronic transfer to make process faster
  • ` 70,295 Crore Total Assets Under Management (AUM)**
  • 3.44 Crore number of lives covered#
  • Our Priority is not to sell Life Insurance, it is to serve you in the fastest & most convenient manner when you need us.

787% of non-investigative individual claims approved in one working day for FY 2019-20. 1 day is counted from date of intimation of claim before 3 PM on a working day (excluding Non-NAV days for ULIP) at Bajaj Allianz Life offices

~Individual Claims Settlement Ratio for FY 2019-2020

**All figures as on 31 December, 2020

#Individual & Group

1 Report published by Kantar millward brown

2Survey conducted by brand equity – Nielsen in March 2020

$For details refer to press release published by CARE

"What are your life goals?" is one of the most common questions that comes to one's mind while taking any step further in Life. Most just answer it by laughing it off or saying we will think about it.

A key reason that they feel this way is that they haven't spent enough time thinking about what they want from their life, and haven't set themselves any goals.

Goals keep changing as per different life stages and one has to plan meticulously for their future.

Deciding your Life Goal is all about planning to "Live your life, your way". There could be various Life Goals such as trotting the globe, becoming a food blogger to starting your own business, owning your dream house, or planning your Childs education or marriage.

L"IF"E is full of IF's... and one needs to plan to secure their loved ones and themselves against the Ifs of Life. When you opt for a life insurance plan, you transfer your family's financial risks in case of any unfortunate event to the life insurer. This allows you and your loved ones to live life fearlessly. Life Insurance protects your family's financial wellbeing from the consequences of living without an income.

When you purchase a life insurance policy, one of your major life goal gets fulfilled i.e. you purchase a sense of security. A safety net that cushions your family members from the financial impact of your sudden absence and ensures that any outstanding debts that were incurred during your lifetime don't fall upon your loved ones.

Having life goals is an important aspect in each one's life. One needs to be SMART and plan out well in advance to ensure nothing goes wrong in the future. Life insurance offers a range of products that could come in handy for meeting your financial goals.

To ensure that it is not too late, get your #LifeGoals insured with us today! It will help you smile in the face of tomorrow's uncertainties and let you live a worry free life!

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

***I hereby authorize Bajaj Allianz Life Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) or on National Do Not Call Registry (NDNC), any call made or SMS sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business

^Conditions apply. The Guaranteed benefits are dependent on the policy terms, premium payment terms availed along with other variable factors.  For details please refer to sales brochure (Also available on www.bajajallianzlife.com)

Risk Factors and Warning Statements:

Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz Life POS Goal Suraksha are the names of the company and the product respectively and do not in any way indicate the quality of the product and its future prospects or returns. For more details on risk factors, terms and conditions please read sales brochure & policy document (available on www.bajajallianzlife.com) carefully before concluding a sale. Bajaj Allianz Life POS Goal Suraksha - A Non-Participating Non-linked Life Insurance Plan. Regd. Office Address: Bajaj Allianz House, Airport Road, Yerawada, Pune - 411006. Reg. No.: 116. CIN : U66010PN2001PLC015959 | Mail us : customercare@bajajallianz.co.in | Call on : Toll free no. 1800 209 7272 | Fax No: 02066026789. Bajaj Allianz Life POS Goal Suraksha (UIN: 116N155V05), The Logo of Bajaj Allianz Life Insurance Co. Ltd. is provided on the basis of license given by Bajaj Finserv Ltd. to use its “Bajaj” Logo and Allianz SE to use its “Allianz” logo. All charges/ taxes, as applicable, will be borne by the Policyholder.

BJAZ-O-4548/26-Nov-20