Claim Settlement Ratio of 99.02%~


  • World's First Music Video Created Retired Senior Citizens

  • Apne life goals ki guaranteed1 hona Ye Bhi Sahi Hai

  • 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.20 per day2 – Bajaj Allianz Life Smart Protect Goal

  • 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


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

In this policy, the investment risk in investment portfolio is borne by the policy holder.

Strong Long Term Fund Performance Track Record**

One Of The Most Trusted Brands#

ULIP plan that helps to reach your life goals From Bajaj Allianz Life

Tax Benefits~ On Online ULIP Plans

Please enter a Name
Please enter a Mobile No.
Please check the box to proceed
WS_LIGuideHome_Banner_EN 307 38983691 WS_LIGuideHome_Banner_HI 307 38983695
WS_LIGuideHome_Banner_Mob_EN 307 38983693 WS_LIGuideHome_Banner_Mob_HI 307 38983677
Please Select Language

**, #, T&C Apply | BJAZ-WB-EC-02755/21

**, #, T&C Apply | BJAZ-WB-EC-02755/21

How Online ULIP Helps Fulfil Life Goals


Sept 27, 2018

By : Bajaj Allianz Life

The new calendar year has witnessed some volatility, especially for the broader markets (small/mid-cap space). In this scenario the retail investors have become doubly cautious while investing for their Life Goals.

Shyam, a 35-year old techie working in an information technology firm, has clear investment objectives - to ensure superior returns in spite of markets sailing through choppy waters. However, Shyam's appetite to maximize from his investments is limited as he is the sole breadwinner for a family of four, which includes self, a homemaker wife and two school-going children.

Amidst this, Shyam has varied life goals in mind. These include sending his children abroad for higher education and planning for his retirement.

Shyam's elder son wants to become a doctor, whereas his younger son wants to follow Shyam's footsteps of becoming a techie and working in an MNC.

Both the education projects for his children put together, may cost not less than ` 60 lacs to Shyam, 10 years from now. On the other hand, his other life goal of early retirement before he turns 60 will further require a hefty corpus.

Shyam has learnt a lot about the ongoing volatile market conditions from his colleagues. He wants to put his hard-earned money in an investment tool that is able to weather the vagaries of volatile market and also give him good returns at the end. It is here that he finds out that through innumerable fund switches in a ULIP, he can tide over market volatility and allocate his funds in a way that give him best investment returns.

Here is Shyam's financial plan to achieve his life goals:

To fuel his life aspirations Shyam invests money in a new age ULIP Bajaj Allianz Life Goal Assure, which is tailor-made to meet all his life goals. This new age ULIP comes with distinctive features like return of life cover charges on maturity, transparent and low charges, tax saving avenue, and a strong fund performance. It also offers Loyalty Additions for paying premiums regularly and staying invested in the policy. The Loyalty Additions are applicable for Annualized Premium of ` 5 lakh or more, and for policy term of 10 years and above.

Shyam starts investing ` 4 lacs annually in Bajaj Allianz Life Goal Assure for 10 years for a Sum Assured of ` 40 lacs for a 10 year policy term.He opts for an Auto Transfer Portfolio Strategy, where all investments are initially made into a Bond Fund and every month the fund is transferred systematically to Pure Stock Fund II (Both the fund options are chosen by Shyam). Ten years from now, his maturity amount will be ` 47,71,018/- @ 4% and ` 59,35,916/- @ 8% (includes fund value + return of life cover charges).

Further, at maturity, if Shyam opts to receive the maturity benefit in instalments over a period of five years, he will receive the benefit of Return Enhancer which is an addition of 0.5% of each due instalment. This is a first-of-its- kind feature in a ULIP plan in India that gives customers maximum benefit on their investments.

Thus, with Return Enhancer, Shyam's maturity proceeds will be ` 50,30,513/- @ 4% and ` 67,70,910/- @ 8%. With this unique feature in Bajaj Allianz Life Goal Assure, Shyam benefits from a larger corpus, the option to create his own cash flow over a period of 5 years, and at the same time he can continue to stay invested in fund(s) of his choice.

Hence, with some smart and prudent financial planning investors can move a step closer to their long-term financial goals.

Bajaj Allianz Life Videos


Bajaj Allianz Life | Children's Day

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: +91-20-35125850 (Call charges apply)

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

Find Us Online

#Survey conducted by brand equity – Nielsen in March 2020

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

**Past performance is not indicative of future performance.

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.