Claim Settlement Ratio of 99.23%^~

IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER.

Bajaj Allianz Life Invest Protect Goal II

A Unit-linked Non-Participating Individual Life Savings Insurance Plan

A High Insurance Cover Savings plan

Lump sum payout for your loved ones in your absence

Growth of your savings corpus through market linked returns

Return of Charges to help boost your fund value

Riders available to provide enhanced protection

Overview
Key Advantages
How this works
Eligibility
Downloads
Policy Benefits
Sample Illustration
Performance

We plan to provide a life full of happiness and comfort to our loved ones. However, life is full of uncertainties. It is important not just to protect your family against these uncertainties but also to create a savings kitty for fulfilling your own life goals.

Introducing Bajaj Allianz Life Invest Protect Goal II, a Unit Linked Life Insurance product that helps you secure the future of your loved ones while providing market-linked returns on your premiums.

Market linked returns on premiums

A protection plan that offers market linked returns on premiums. Based on the product terms & conditions, the available high level of protection ensures that your loved ones are financially secure in your absence. Market linked maturity benefit ensures that your own future goals are taken care of.

Return of Charges to help boost your fund value

Premium Allocation Charges deducted with respect to your Regular/Limited premiums, are added to the fund value at the end of the 20th policy year.

Riders available to provide enhanced protection

We shall be offering Bajaj Allianz Life Accident Protection Rider along with this product

Fund Maintenance Booster to ensure you remain protected throughout your chosen policy term

In order to reward you for paying premiums in time, we offer Fund Maintenance Booster. From the 4th policy year, if the Fund Value(FV) falls below One Annualized Premium(AP), we shall add this difference (FMB = One Annualized Premium – Total Fund) to your Fund Value to ensure continuity of your policy.

Avail Family Benefit:

Get an additional benefit at Maturity, if any of your family member(s)^{^} is an existing customer of Bajaj Allianz Life Insurance Co. Ltd.

^{^}Family member shall be defined as spouse, children, brothers, sisters, grandchildren, parents, parents in-laws; and will be available to family members of existing customers including who have matured policies.

Select the Premium Payment Term and the Policy Term for which you wish to remain protected

Select the level of protection you wish to get

Decide the portfolio strategy and the funds you want to stay invested in

On Maturity, get the Total Fund Value or in case of unfortunate death, nominee will receive the Death Benefit.

Entry Age

Minimum age is 18 years

Maximum age is 60 years

Maturity Age

Minimum age at maturity - 38 years

Maximum age at maturity - 100 years

Policy Term

Minimum is 20 years

Maximum is 40 years

Premium Payment Term (PPT)

Premium Paying Term (In Years)
Limited Pay	5,6,7,8,9,10,11,12
Regular Pay	Equal to Policy Term

Premium Amount and Frequency

Premium Mode
Minimum	PPT (In Years)	Yearly	Half Yearly	Quarterly	Monthly	Top-Up
	5 to 7	₹48,000	₹24,000	₹12,000	₹4,000	₹5,000
	8 and above	₹18,000	₹9,000	₹4,500	₹1,500	₹5,000
Maximum	All	No Limit and subject to Board Approved Underwriting Policy (BAUP)

Sum Assured

Sum Assured
Minimum	7 X Annualised Premium
Maximum	As per maximum Sum Assured (SA) multiple allowed
Top – up	1.25 X Top-up Premium

Minimum and Maximum Sum Assured will be subject to prevailing Board Approved Underwriting Policy (BAUP)

All ages mentioned above are as per age on last birthday

Brochure

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Policy Document

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Product Presentation

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Loyalty Benefit

As a reward for paying premiums regularly, we will contribute to your savings by allocating extra units, at the end of specific policy years, as mentioned below -

Return of Premium Allocation Charge – At the end of 20th Policy year, we will add back all the premium allocation charges with respect to your Regular/Limited premiums to your fund. This will exclude any GST and cess deducted with respect to these charges. There will not be any return of premium allocation charges with respect to the Top-Up Premiums paid, and Surrendered/Discontinued/Paid-up policies. The total amount of premium allocation charges added into each fund available in the policy will be in the same proportion of the Fund Value as at the date of addition. Unit Price/NAV as on the date of ROAC addition will be used for the unitization.
Return of Mortality Charge – Mortality charge deducted during the policy term shall be added back to your savings as per the table given below –

At the end of policy year	Return of Mortality Charges of
7	25% of the Mortality charge deducted till 7th year
15	50% of the total Mortality charge deducted till 15th year Less Mortality charge already returned
20	100% of Mortality charges deducted till the end of the 20th Policy Year Less Mortality charge already returned
25 or at Maturity whichever is earlier	100% of Mortality charges deducted from 21st Policy Year to (end of the 25th Policy Year or till Maturity, whichever is earlier)
30 or at Maturity whichever is earlier	100% of Mortality charges deducted from 26th Policy Year to (end of the 30th Policy Year or till Maturity, whichever is earlier)
35 or at Maturity whichever is earlier	100% of Mortality charges deducted from 31st Policy Year to (end of the 35th Policy Year or till Maturity, whichever is earlier)
40 or at Maturity whichever is earlier	100% of Mortality charges deducted from 36th Policy Year to (end of the 40th Policy Year or till Maturity, whichever is earlier)

This above addition will be done to the Regular Premium Fund Value and will exclude, Top-Up Premium Fund Value, any extra mortality charge and/or any GST and cess with respect to the mortality charges deducted.

Return of mortality charges will not be offered in case the policy is terminated, surrendered, discontinued or paid up. There will not be any ROMC w.r.t. any Top-Up Premiums paid

The amount of ROMC will be added into the Funds in the same proportion as the value of those Funds as at the date of the ROMC addition. Unit Price/NAV as on the date of ROMC addition will be used for the unitization.

Loyalty Addition – We will contribute to your savings by adding a specific percentage of the average of your previous Three years’ daily Regular Premium Fund Value as mentioned below –

End of Policy Year	20^th year	25^th year	30^th year	35^th year	40^th year
LA % - ages	2.50%	2.50%	3.00%	4.00%	4.50%

The Three years in consideration will include the current year

The Top-up premium Fund Value will not be considered for this addition

Loyalty addition will not be offered in case the policy is terminated, surrendered, discontinued or paid up.

The amount of LAs will be added into each fund available in the policy will be in the same proportion of the Regular Premium Fund Value (as applicable in the policy) as at the date of Loyalty Addition. Unit Price as on the date of Loyalty Addition will be used for the unitisation.

Fund Maintenance Booster (FMB) – From the 4th policy year, at the start of any policy month, after premium payment (if any) and before any due charges are deducted, if your Total Fund Value falls below one Annualized Premium, then, we shall add FMB to your Regular Premium Fund Value –

- FMB = One Annualized Premium – Total Fund Value

- No FMB will be available in a surrendered Policy (after the date of surrender), a Discontinued Policy or a Policy converted to paid-up

- FMB will only be added to the Regular Premium Fund Value and not to Top-Up Premium Fund Value

Death Benefit

On death of the Life Assured during the policy term, the following shall be payable –

Higher of Prevailing Sum Assured^* or Regular Premium Fund Value Plus

Higher of Top-up Premium fund value or Top-up premium Sum Assured, if any

The total death benefit shall not be less than Guaranteed Benefit of 105% of the total premiums including Top-Up premiums, if any, received up to the date of death

Note -

All the above are as on date of intimation of death of the Life Assured
Benefit is payable if premiums are paid up to date and policy is in-force
^*The amount of Sum Assured, will be reduced to the extent of the partial withdrawals made from the Regular Premium Fund during the two (2) years period immediately preceding the date of death of the Life Assured. The partial withdrawal made from the Top-Up Premium Fund shall not be deducted for calculating this Sum Assured.

Maturity Benefit

On survival of Life Assured to the maturity date, Total Fund Value as on the date of Maturity, shall be payable.

Family Benefit

If any of your family member is an existing policyholder of Bajaj Allianz Life Insurance Company Limited, you will be entitled to a Family Benefit.

The benefit will be paid to you on Maturity and will be added into the Regular Premium Fund Value. Family Benefit will be 1% of the average of your previous Three years’ daily Regular Premium Fund Value.

Poicy Term	Family Benefit %
PT >= 20 years	1.00%

The amount of Family Benefit will be allocated in the funds in the same proportion of the fund values as at the date of addition. Unit Prices as on the date of Family Benefit addition will be used for the unitization.

Family member shall mean spouse, children, brothers, sisters, grandchildren, parents, parents in-laws; and will be available to family members of existing customers including who have matured policies

There will not be any Family Benefit with respect to the Top-Up premiums paid.

Family benefit will not be offered in case the policy is terminated, surrendered, discontinued or paid up.

Maturity Benefit
Death Benefit

Customer aged 35 years has taken a Bajaj Allianz Life Invest Protect Goal II policy for a Policy Term (PT) of 40 years. The Sum Assured chosen by him is ₹1 cr.

Customer , 35 years old

To achieve his Life Goal, customer invested

₹ 50,000 Annually for 40 years. On the maturity date, customer would receive maturity benefit as per the table below:

At Assumed Investment Return	Maturity Benefit (in ₹)
@8%^#	₹ 70,91,187
@4%^#	₹ 25,26,097

^#The returns indicated at 4% and 8% are illustrative and not guaranteed, subject to Policy terms & conditions and do not indicate the upper or lower limits of returns under the Policy.

The above illustrations are considering investment is in the “Pure Stock Fund II and Goods & Service Tax of 18%”.

Customer aged 35 years has taken a Bajaj Allianz Life Invest Protect Goal II policy for a Policy Term (PT) of 40 years. The Sum Assured chosen by him is ₹1 cr.

Customer , 35 years old

Unfortunately, while trying to achieve his goal, he passed away. On occurrence of this unfortunate event, his nominee stands to receive the following Death Benefit:

Policy Term: 40 years

For the same customer of age 35 years, with Policy term of 40 years, who buys Bajaj Allianz Life Invest Protect Goal II for Sum Assured of 1 Cr –

PPT (in years)	Premium (₹)	Total Premium	FV @4%^# (₹)	FV@8%^# (₹)
7	1,33,334	9,33,338	12,52,249	65,87,430
10	83,334	8,33,340	12,13,140	50,59,302
12	71,429	8,57,148	11,98,437	49,45,534

The above illustrations are considering investment is in the “Pure Stock Fund II and Goods & Service Tax of 18%”.

^#The returns indicated at 4% and 8% are illustrative and not guaranteed, subject to Policy terms & conditions and do not indicate the upper or lower limits of returns under the Policy

Current Fund Options	Absolute Returns				CAGR Returns					RATING
Current Fund Options	3 Month	6 Month	1 Year	2 Year	3 Year	5 Year	10 Year	Since Inception(%)		RATING

Disclaimer: Returns are 10 year compounded annualised growth rate (CAGR) as on 13/8/2024 (DD/MM/YYYY).
Past performance is not indicative of future performance. Star rating is Overall Rating as on July 2024.

Why Bajaj Allianz Life Insurance ?

99.23%

Claim Settlement Ratio of 99.23%^~

1 Day

1 Day Claim Approval^%

AAA Rating

AAA; Stable Rating by CARE^$

₹1,16,966Cr

Assets Under Management (AUM)^**

4.16 Cr

Number of Lives Covered^#

432%

Solvency Ratio^{^}

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 30 June, 2024 | ^{^}Solvency ratio 432% as at 31 March 2024 against IRDAI mandated 150%. | ^#Individual & Group.

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1800-209-4040

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.

CIN: U66010PN2001PLC015959 | Registered Office Address: Bajaj Allianz House, Airport Road, Yerawada, Pune-411006, Maharashtra

Email: customercare@bajajallianz.co.in | Tollfree: 1800 209 7272,

Disclaimer: Images used on this website and the models photographed in them are for representative purposes only and are not indicative of anyone's personal thoughts or ideas.

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.

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Disclaimer

For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. The terms and conditions of product/plan as contained in the Policy Document issued by the Company is available on the Web Site. The names of the Company, Products/Plans/funds do not indicate the quality and its future prospects or returns. IN ULIPs, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. Unlike traditional products, Unit linked insurance products are subject to market risk, which affect the Net Asset Values & the customer shall be responsible for his/her decision. Tax benefits are as per the prevailing Income Tax Laws including the Income Tax Act, 1961 and are subject to change from time to time. Goods and Services Tax will have to be borne by the Policyholder as per applicable rates. All other charges shall be levied in accordance with the terms and conditions of the policy.

This calculation and results displayed are based on information provided and certain assumptions about the rates of return. It is for assistance only and does not constitute an offer or solicitation. It is not intended to be and must not alone be taken as the basis for an investment decision. Kindly note that the returns are only illustrative and they are not guaranteed. The returns do not indicate the upper or lower limits of the return that you may get with your policy and the value is dependent on a number of factors including future performance. Bajaj Allianz Life Insurance Company Limited shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information reported by the calculator.

¹©2021 Morningstar. All Rights Reserved. The Morningstar name and logo are registered marks of Morningstar, Inc. The information, data, analyses and opinions ("Information") contained herein: (1) include the proprietary information of Morningstar and its content providers; (2) may not be copied or redistributed except as specifically authorized; (3) do not constitute investment advice; (4) are provided solely for informational purposes; (5) are not warranted to be complete, accurate or timely; and (6) may be drawn from fund data published on various dates and procured from various sources. Morningstar, its affiliates, and its officers, directors and employees shall not be liable for any trading decision, damage or any other loss arising from using the Information. Please verify all of the Information before using it and do not make any investment decision, except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up

Disclaimer

Bajaj Allianz Life Invest Protect Goal II

Overview

Key Advantages

How this works

Eligibility

Downloads

Policy Benefits

Sample Illustration

Performance

Market linked returns on premiums

Return of Charges to help boost your fund value

Riders available to provide enhanced protection

Fund Maintenance Booster to ensure you remain protected throughout your chosen policy term

Avail Family Benefit:

Select the Premium Payment Term and the Policy Term for which you wish to remain protected

Select the level of protection you wish to get

Decide the portfolio strategy and the funds you want to stay invested in

Entry Age

Minimum age is 18 years

Maximum age is 60 years

Maturity Age

Minimum age at maturity - 38 years

Maximum age at maturity - 100 years

Policy Term

Minimum is 20 years

Maximum is 40 years

Premium Payment Term (PPT)

Premium Amount and Frequency

Sum Assured

All ages mentioned above are as per age on last birthday

Brochure

Policy Document

Product Presentation

Loyalty Benefit

Death Benefit

Maturity Benefit

Family Benefit

Maturity Benefit

Death Benefit

Why Bajaj Allianz Life Insurance ?

Customer Speaks

Life Insurance Guide

Popular Searches