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Bajaj Allianz Investment Plans
Bajaj Life Guaranteed Income Goal is a non-linked savings life insuran ...Read More
Bajaj Life Guaranteed Income Goal 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.
A quick read on what this Bajaj Allianz Investment Plans term plan covers and why it might be a fit for you.
Bajaj Life Guaranteed Income Goal by Bajaj 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 Life Guaranteed Income Goal Plan offers you a range of benefits including:
A quick honest summary — the strengths and the trade-offs.
Eligibility criteria pulled straight from the policy wording.
Let's understand how the Bajaj 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 Life Guaranteed Income Goal. He visited PolicyX.com
There are various benefits to buying the Bajaj Life Guaranteed Income Goal Plan. Let’s understand each of them in detail:
Key features that make Guaranteed Income Goal stand out.
Flexible paymenttenure
The plan offers flexibility to choose a premium payment term as per your financial requirements.
Enhanced rider options
The plan has 5 optional add-on riders, allowing you to enhance base cover and get additional protection.
Choice of plan variant
This plan offers policyholders to choose from two options: 1. income benefit 2. lump sum benefit
High sum assuredrebates
Get a special premium discount if you opt for a high sum assured amount
Keep these documents handy when applying for Guaranteed Income Goal.
Documents Required to Buy Bajaj Life Guaranteed Income Goal Plan
Here is the list of documents required to buy the Bajaj Life Guaranteed Income Goal Plan: Photo ID Proof Age Proof Address Proof Medical Records Income Proof
Photo ID Proof
Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
Age Proof
Age Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
Address Proof
Address Proof (either of one) - Utility bill, passport, voter ID, ration card.
Medical Records
Medical Records of the policyholder if requested.
Income Proof
Income Proof ( either of one) - bank statement, last three months' salary slips (if you are salaried).
You can buy the Bajaj 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 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.
Here are the key features of the Guaranteed Income Goal.
| 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 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 5 most-asked questions about Guaranteed Income Goal, answered.
PolicyX content is researched in-house and reviewed by an IRDAI-certified insurance specialist before publication.
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