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Bajaj Allianz Life Assured Wealth Goal

A Non linked, Non Participating, Individual, Life Insurance Savings Plan

Guaranteed* Tax Free2 Returns
Income Benefit1 with Life Cover
Option of Return of Premiums$ (ROP) at the end of Income Period
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Life is all about fulfilling our Life Goals, and planning and working towards them makes it meaningful. We always want assurance to achieve our Life Goals. This assurance can be achieved with guaranteed* income that supports our financial needs.

Presenting Bajaj Allianz Life Assured Wealth Goal a non linked, non participating, individual, life insurance savings plan which gives you assurance of income in achieving your Life Goals with guarantee*. This plan has single, limited, regular premium payment options and available on single and joint life basis.

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Lifelong Income

Lifelong Income will give you guaranteed regular payouts till Age 99 years along with Return of premiums at the end of Income period

Second Income

Second Income will give you guaranteed regular payouts during the income period of 25/30 years along with option of Return of premiums at the end of Income period. There will be life cover during the income period also

Step Up Income

Step Up Income will give you regular guaranteed payouts for 20 years increasing @10% every 5 years along with return of premiums at the end of income period. There will be life cover during the income period also

Extra Income

Extra Income will give you guaranteed regular payouts during the income period of 10/15 years. There will be life cover during the income period also

Wealth Creation

Wealth Creation will give you a guaranteed maturity benefit at the end of policy term

Assured Income

Assured Income will give you regular guaranteed payouts during the income period of 25/30 years along with Return of Premiums at the end of Income period. This variant also offers Income to the nominee on death of the Life Assured, for the chosen income period of 25/ 30 years along with Return of Premiums payable during the PPT at the end of Income period

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Policy Document

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Customer Information Sheet

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Why Bajaj Allianz Life Insurance ?

99.29%
Claim Settlement Ratio~
1 Day
Claim Approval%
AAA
CARE Stable Rating$
₹1,26,434 Cr
Assets Under Management (AUM)**
3.78Cr
Number of Lives Covered#
359%
Solvency Ratio of 359%^

Disclaimer:~Individual Death Claim Settlement Ratio for FY 2024-2025 | %99.29% of non-investigative individual claims approved in one working day for FY 2024-25. 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. 96% of non - investigative claims notified were processed within one day in FY’25 | $For details refer to press release published by  CARE | **All figures as on 30th April, 2025 | ^Solvency ratio 359% as at 31st March 2025 against IRDAI mandated 150% | #Individual & Group as on 30th April, 2025

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Customer Speaks

Happy with the services
I have invested in various products of Bajaj Allianz Life Insurance - I am happy with the services, returns and diversified product portfolio.
Rashmi Bhavnani
5
Satisfied, Trust
I am a happy customer who is satisfied with the after sales service. I have full trust in Bajaj Allianz Life Insurance Company.
Shrikant A Karande
5
Happy with the returns
I was introduced by my advisor to invest in Bajaj Allianz Life Insurance .I have invested in the same and am happy with the returns and services.
Kavita Goplani
5
Very Happy
I am a 7 year old customer of Bajaj Allianz Life Insurance and very happy about the services.
Dhruv Soni
5
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Frequently Asked Questions

What is the best time to buy a child plan?

Preferably, you should purchase a child plan immediately after the birth of your child. The sooner you buy a child plan, the higher the investment period, so you get more time to benefit from power of compounding.  

If both the parents are working, who should ideally buy a child plan?

The primary earning parent should purchase the child plan. This means that the parent whose untimely death is likely to cause more financial distress and derail the child’s future plans should buy a child plan.

What is the ideal policy term/premium paying term for a child plan?

The policy term or premium paying terms depends on the age of the child and in the time frame in which he/she would require the funds to realize his/her dreams. 

What are the tax benefits of a child plan?

The premium paid towards the child plan is eligible for income tax deductions of up to ₹1.5 lakh under Section 80C of the Income Tax Act, 1961. The maturity or death benefits are also exempted from income tax under Section 10D of the Income Tax Act, 1961. 

Life Insurance Guide

  • Articles
  • Calculators

Individuals who earn an income are expected to pay taxes as per prevailing tax laws. The income tax liability of an individual depends on the

Paying taxes is considered an essential component of being a lawful citizen. While it is important to pay taxes and contribute to your

As a senior citizen, it is crucial that you are financially secure and stable. Along with a stable source of income, one should also have

If you are just joining the workforce, tax planning is essential when it comes to reducing your tax liability. For salaried

With the Underinsurance Calculator, check if your Life Cover is atleast 10x of your Annual Income.

Answer a few easy questions to calculate your Fixed Deposit Returns.

Calculate your NPS returns effortlessly with our simple to use NPS Calculator.

Plan your investments effortlessly and achieve your financial goals with our easy-to-use SIP Calculator.

Answer a few simple questions to know how prepared you are for your retirement.

Answer a few simple questions to know the corpus required to fulfil your Life Goal.

A simple to use and comprehensive tool to plan for your child's education.

An easy to use Term Insurance calculator to determine the right life cover amount as per your needs.

Use this calculator to know how savings from regular expenses can help you achieve your Life Goals.

Get to know your Financial Fitness Score by answering few simple questions.

Use our immunity calculator to find out your immunity score in just a few clicks!

Know the amount to invest today to have the corpus to accomplish your Life Goals tomorrow.

Get an estimate of how much your investment will grow over a period of time.

Know your income tax based on the taxable income and explore Life Insurance plans to save more tax.

A simple to use calculator that helps you plan for fulfilling your Child's Life Goals.

Calculate the amount you need to invest today to accomplish your retirement life goals.

Answer a few simple questions to know estimated corpus you will have to fulfil your Life Goals.

Body Mass Index (BMI) is a measure to understand whether your body weight is healthy as per your height.

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Bajaj Allianz Life Assured Wealth Goal - (UIN -116N170V13)

*Conditions Apply – The Guaranteed benefits are dependent on policy term, premium payment term availed along with other variable factors. For more details please refer to sales brochure.

2Tax benefits as per prevailing Section 10(10D) of the Income Tax Act shall apply. You are requested to consult your tax consultant and obtain independent advice for eligibility before claiming any benefit under the policy.

1Product feature/ benefit mentioned above are dependent on variant chosen.

$The Return of Premium amount is total of all the premiums received, exclusive of extra premium, rider premium and GST & any other applicable tax levied, subject to changes in tax laws. Product feature/ benefit mentioned above are dependent on variant chosen.

~~All figures as on 31 January 2025

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Disclaimer

*Conditions Apply – The Guaranteed benefits are dependent on policy term, premium payment term availed along with other variable factors. For more details please refer to sales brochure.

2Tax benefits as per prevailing Section 10(10D) and Section 80C of the Income Tax Act shall apply. You are requested to consult your tax consultant and obtain independent advice for eligibility before claiming any benefit under the policy.

1Discount is available for regular premium and limited premium payment frequency under all variants of Bajaj Allianz Life Assured Wealth Goal - A Non linked, Non Participating, Individual, Life Insurance Savings Plan (UIN: 116N170V12)

$The Return of Premium amount is total of all the premiums received, exclusive of extra premium, rider premium and GST & any other applicable tax levied, subject to changes in tax laws. Product feature/ benefit mentioned above are dependent on variant chosen.

^Product feature/ benefit mentioned above are dependent on variant chosen.

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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

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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

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

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Claim Settlement Ratio of 99.29%~