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Bajaj Allianz Life Guaranteed Income Goal by Bajaj Allianz Life Insurance is a non-linked savings life insurance plan. It offers the dual benefit of saving and insurance. Rather than a normal savings plan, this plan gives you a choice to receive maturity benefits as: lumpsum or in income. With the regular or limited premium paying option, you can cover yourself or up to the age of 20 years.
Wait wait. In case of emergencies, this plan also offers a loan facility for up to 70% of your surrender value.
Bajaj Allianz Life Guaranteed Income Goal Plan offers you a range of benefits including:
Minimum Age - 6 years Maximum Age - 60 years
Maximum Maturity Age - 72 years
10,12,15,20 years
5,7,8,10,12 years
Annual, half-yearly, quarterly & monthly
No limit
Let's understand how the Bajaj Allianz Life Guaranteed Income Goal Plan works with a simple premium illustration.
Mr. Verma is looking for an Investment plan that helps him create a lump sum amount to fulfill his financial needs.
His financial advisor advised him to buy the Bajaj Allianz Life Guaranteed Income Goal. He visited PolicyX.com
Here are some features of Guaranteed Income Goal:
The plan offers flexibility to choose a premium payment term as per your financial requirements.
The plan has 5 optional add-on riders, allowing you to enhance base cover and get additional protection.
This plan offers policyholders to choose from two options: 1. income benefit 2. lump sum benefit
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There are various benefits to buying the Bajaj Allianz Life Guaranteed Income Goal Plan. Let’s understand each of them in detail:
Here is the list of documents required to buy the Bajaj Allianz Life Guaranteed Income Goal Plan:
Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
Age Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
Address Proof (either of one) - Utility bill, passport, voter ID, ration card.
Medical Records of the policyholder if requested.
Income Proof ( either of one) - bank statement, last three months' salary slips (if you are salaried).
You can buy the Guaranteed Income Goal official website or one of their nearest branch offices.
Visit the official website of PolicyX.com.
Click on the ‘Investment’ tab.
A new page will appear on the screen.
Fill out the form at the top of the page with the necessary details.
Select your income and city. Click on 'Proceed'.
Update your education and occupation details.
Choose your preferred plan and click on 'Buy this plan'.
Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.
Visit the official website of Bajaj Allianz Life Insurance.
Hover over the 'Investment Plans' from the top of the menu.
Click on the ' Bajaj Allianz Life Guaranteed Income Goal'.
Click on ‘Buy Now’ and you will be redirected to a new page.
Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.
Once discussed you can make the premium payment and get the policy documents.
You can buy the Bajaj Allianz Life Guaranteed Income Goal offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.
Given below are some exclusions of the Bajaj Allianz Life Guaranteed Income Goal Plan-
Suicide within 12 months of the policy purchase is not covered.
Consumption of any intoxicants.
Death due to any aviation accident.
Death due to any adventurous sports.
What’s Good Here | What’s Missing |
Choice of 2 Life Cover Variants | Premium Offset |
High Sum Assured Rebate | Guaranteed Additions |
Special Premium Rates for Women | Whole Life Cover |
Additional Bonuses | Large Premium Boost Discounts |
Apart from a regular life insurance plan, that provides fixed coverage throughout the policy term. Bajaj Allianz's guaranteed income plan offers extended life coverage, a choice of two variants, and a loan facility. In case you have any queries regarding this plan, you can contact policyx.com for better understanding. Our certified insurance advisors work 24/7 to solve every query at zero cost.
The minimum age to purchase a Guaranteed income goal plan is 6 years.
The maximum maturity age of this plan is 72 years.
This Plan offers- yearly, half-yearly, quarterly, and monthly payment terms.
Yes, a policy loan is available against Bajaj’s Guaranteed income goal plan.
This plan offers two different variants of Income variant and lumpsum benefits.
Compare and buy the most suitable Life Insurance Plan from the below-mentioned IRDAI-approved Life Insurance companies.
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I am a passionate content writer with over three years of experience in the insurance domain. An avid learner, I always tries stays ahead of the industry's trends, ensuring my writing remains fresh and includes the latest insurance shifts. Through my work, I strive to engage with targeted insurance readers.
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February 5, 2023
Asia/Kolkata
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