Life Goals Loading…

12 Blue cross


  • Be Reborn as a Superstar After Retirement

  • Fulfill your Life Goals with Bajaj Allianz Life Goal Assure

  • Here's a Comprehensive Tool To Plan Your Child's Future

  • There is lot to remember in Life, Set renewal premium payments to Auto Pay

  • Get Life Cover worth Rs.1 Crore at Rs.21 per day2 – Bajaj Allianz Life Smart Protect Goal

  • Life Insurance Term Plan with Return Of Premium

  • Get your Life Goals Done with Bajaj Allianz Life Smart Assist – BINA MILEY MIL-KAR

  • Paying your Renewal Premium is Quick and Easy!

  • Know the right amount of Insurance you need in just a few steps!

  • Avail Term Insurance Tax Benefits under Section 80D

  • Know how to invest money during the covid-19 pandemic!


Thanks for sharing your details, A Sales representative from
Bajaj Allianz Life will contact you shortly.

Dear Customer, we request you to connect with us in our next business working hours, (Monday to Saturday 24*6) Thank you, Have a great day ahead

Have Us Call You

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

Save and Invest on time to reach your Life Goal

The secret ingredient for achieving your #LifeGoal is to start investing early!

Saving Plans To Help Your Child Plan His Life Goals

Save and Invest on time to reach your Life Goal


January 02, 2018

By : Bajaj Allianz Life

“A stitch in time saves nine” reminds us of how the timely action in any matter saves one from worry, loss, and hardship.

24 hours in a day, 7 days in a week and 365 days in a year. This is the time we all get, nothing more nothing less. Within this time span, if one puts in place a well thought out financial plan, it is highly likely that not only would you have less worry about your finances after your retirement but also throughout your working years. The more time one has on their side, the better it is for the person to reach his/he financial goals.

The difference between Saving & Investing

As kids, we were taught to keep aside at least 40% of our earnings into savings. Whatever we earned had to be put in a special savings account for the future. This money would remain idle and would only earn interest from banks.However, the need of the hour is not just saving. You need to invest the savings at the right time so that you get a higher rate of return that will help you reach your #LifeGoal.

When Amit was born, his father decided that he would save INR 100 every day, till Amit was thirty. His aim was that when Amit is old enough to handle his finances, he could have some savings from which Amit could build his own life. So at the age of thirty, Amit received a valuable gift from his father of approx. INR 11 lakhs. That’s the power of saving. Before you know, it will become a habit and you can stash away the funds safely.

Now, if he had managed to invest INR 100 every single day in an avenue that pays 10% return/year, Amit would have earned a nearly 6-fold sum of INR 63 lakhs. Now that is the magic of compounding one can avail while investing.

Delay can cost your goal

We usually define ‘risk’ as a monetary loss. But in reality, a risk is the inability to reach your pre-defined goal. For some, the cost of missing that goal means a delay in child’s education, while for the other; the real risk is not having money post-retirement!

A mere gap of a few years can greatly reduce your final corpus even if you save and invest regularly. For example, a person who invests INR 5,000 per month for 35 years in an avenue that gives 15% return annually can get INR 7.4 crore. If the same person starts this journey 10 years later, he/she will get a corpus of INR 1.6 crore only — which is roughly one-fourth of 7.4 crores). This is the true cost of delaying investment.

Unforeseen events

Even the most financially-aware individual often thinks that they have enough time to reach a goal. In reality, nothing is constant. Unforeseen events such as a fatal accident, critical illness, partial or total disability can completely ruin your plan. Hence one should have an emergency corpus ready to turn to, in times of need. This would ensure you do not hit sudden speed-breakers on the path of achieving your life goals, due to lack of financial aid.

Hence investing in ULIPS are ideal, to tap both insurance coverage and market returns. Be sure to adopt the right financial system that includes risk profiling, proper asset allocation & regular wealth tracking to weed out non- performing investments. If you have decided on your goal, then start investing now. If an apple a day can keep the doctor away then a timely investment will definitely keep financial loss at bay!

Bajaj Allianz Life Videos

Video Icon

Superstar After Retirement | Bajaj Allianz Life Guaranteed Pension Goal

Contact Us

Bajaj Allianz Life Insurance Company Ltd.

Bajaj Allianz House, Airport Road, Yerawada, Pune - 411 006, Maharashtra

Tel No: 020-66026773

Fax No: 020-66026789

Branch Visit Timings:

Monday to Friday - 9:00 AM to 3:30 PM

Saturday - 9:00 AM to 1:00 PM

Customer Care Helpline:


Monday to Sunday: 9:00 AM to 7:00 PM (IST)

NRI Services Helpline

24/7 (All week days)

Sales Enquiry Helpline:


Monday to Saturday: 9:00 AM to 7:00 PM (IST)

For NRI: +91 20 67688888 (Call charges apply)

Monday to Saturday: 9:00 AM to 7:00 PM (IST)

Find Us Online

~Tax benefits as per prevailing Income tax laws shall apply. Please check with your tax consultant for eligibility.

The above information is for general understanding and is meant to educate the general public at large. The reader will have to verify the facts, law and content with the prevailing tax statutes and seek appropriate professional advice before acting on the basis of the above information.