Claim Settlement Ratio of 99.23%~

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Bajaj Allianz Life Assured Wealth Goal Platinum

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

Security: Life Cover to protect your family

Liquidity: Income begins as early as from start of 2nd policy year

Guarantee1: All benefits in the policy are guaranteed1

Tax benefits*: Avail tax benefits as per prevailing tax laws

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  • Overview

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Your family is very important for you and you always want to give them the best possible lifestyle. For this, you need to have assurance of a life cover to protect your loved ones in case of any uncertainties and also plan for various life goals like marriage, children’s education or a retirement. These are your sacrosanct goals, for which you would need a financial plan that gives you the assurance of a guaranteed liquidity.

Presenting Bajaj Allianz Life Assured Wealth Goal Platinum, a non-linked, non-participating, individual life insurance, savings plan which protects you with a life cover, while offering you an assured income to meet your immediate as well as future needs.

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Smart Income

- Pay your premiums for the chosen period

- Choose the desired Sum Assured multiple that suits your preferences

- Receive Early Guaranteed Payouts starting as early as from the beginning of 2nd policy year for the policy term

- You will have an option to choose your Early Guaranteed Payouts start year

- Regular Guaranteed Payouts are paid at the beginning of policy year during the Income Period. Income period starts after the policy term

- These guaranteed payouts will be a percentage of Annualised Premium

- You will also receive Enhanced Return of premium (ROP) as 110% of Total premiums paid at the end of the Income Period

Regular Income

- Pay your premiums for the chosen period

-Choose the desired Sum Assured multiple that suits your preferences

- Regular Guaranteed Payouts starting from the beginning of policy year during the Income Period. Income period starts after the policy term

-These guaranteed payouts will be a percentage of Annualised Premium

-You will have a choice to plan your income start year by opting for a deferment period

- Depending upon the income period chosen, your policy can have an Enhanced return of premium (Enhanced ROP) equal to 110% of Total premiums paid at the end of the Income Period.

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Entry Age

 

Minimum Age

Smart Income - 6 years

Regular Income - 1 years

 

Maximum Age

Smart Income - 60 years

Regular Income - 60 years

Maturity Age

 

Minimum age at maturity

Smart Income - 18 years

Regular Income - 18 years

 

Maximum age at maturity

Smart Income - 72 years

Regular Income - 77 years

Premium Payment Term (PPT)

 

Smart Income - 5/ 6/ 7 / 8 / 10 / 12 years

 

Regular Income - 5 / 6 / 7 / 8 / 10 / 12 years

Policy Term (PT)

 

Smart Income - Equal to PPT

 

Regular Income - 5 to 17 years

Income Period (in years)

 

Smart Income - 20/ 25 / 30 years

 

Regular Income - 5/ 7/10/12/ 15/20/ 25/ 30 years

Annualized Premium (₹)

 

Minimum

Smart Income - ₹ 30,000

Regular Income - ₹ 30,000

 

Maximum

Smart Income - No limit, subject to Board Approved Underwriting Policy

Regular Income - No limit, subject to Board Approved Underwriting Policy

- All ages mentioned above are age as on last birthday.
- 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) or on maturity date.

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Brochure

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Policy Document

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Customer Information Sheet
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Why Bajaj Allianz Life Insurance ?

99.23%
Claim Settlement Ratio~
1 Day
Claim Approval%
AAA
CARE Stable Rating$
₹1,16,966 Cr
Assets Under Management (AUM)**
4.19 Cr
Number of Lives Covered#
432%
Solvency Ratio of 432%^

Disclaimer:~Individual Death Claim Settlement Ratio for FY 2023-2024 | %96.70% of non-investigative individual claims approved in one working day for FY 2023-24. 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 | $For details refer to press release published by CARE | **All figures as on 31 March 2024 | ^Solvency ratio 432% as at 31 March 2024 against IRDAI mandated 150% | #Individual & Group.

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Disclaimers:
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1Conditions 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.

*Tax 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.

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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

 

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