Explore all Credit Cards
Premium Metal
0% Forex & Travel
Lifetime Free
10X Rewards
UPI Cards
Fuel & Utility
Showstopper
Credit Builder
More
Customer Support
Explore NRI Banking
NRI Savings Account
NRI Fixed Deposit
FOREX Solutions
Transfer to NRE
Markets & Beyond
Customer Support
Explore Startup Solutions
Explore Corporate Banking
Corporate Account
Cash Management Services
Supply Chain Finance
Corporate Lending
Treasury
NBFC Financing
Customer Support
BRAVO (Auto Sweep)
Explore Business Banking
MSME Accounts
Trade Services
MSME Loan
MSME Solutions
Debit Card
Offers
Customer Support
Explore Gift City
About Us
Investors
Careers
ESG

FOLLOW US ON :

Download Now

  • App Store
  • Google Play

Notifications

  • As per amendment in the Income Tax Rules, PAN or Aadhaar are to be mandatorily quoted for cash deposit or withdrawal aggregating to Rupees twenty lakhs or more in a FY. Please update your PAN or Aadhaar. Kindly reach out to the Bank’s contact center on 1800 10 888 or visit the nearest IDFC FIRST Bank branch for further queries.

  • Activate your Credit Card within minutes and enjoy unlimited benefits

    Know More

  • One FASTag, three payments:Toll, fuel and parking

    The only FASTag with triple benefits

    Apply Now
Apply Now
Apply Now

Bajaj Allianz Life Assured Wealth Goal Platinum

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.Read More

Read Less

FEATURES

Security

Security:
Life Cover to protect your family

Guarantee

Guarantee1: All benefits in the policy are guaranteed1

Liquidity: Income begins as early as from start of the 1st policy year

Liquidity: Income begins as early as from start of the 1st policy year

Tax Benefits: Avail tax benefits2 as per prevailing tax laws

Tax Benefits2: Avail tax benefits2 as per prevailing tax laws

1 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 (under old tax regime) 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

PLAN OPTIONS/VARIANTS

image alt

    Option 1 – Smart Income

    • Pay your premiums for the chosen period
    • Choose the desired Sum Assured multiple that suits your preferences
    • You will have an option to choose your Early Guaranteed1 Payouts start year
    • Regular Guaranteed1 Payouts are paid at the beginning of policy year during the Income Period.
    • Income period starts after the policy term
    • These Guaranteed1 Payouts will be a percentage of Annualised Premium3
    • You will also receive Enhanced Return of Premium4 (ROP) as 110% of Total premiums5 paid at the end of the Income Period

     

    Maturity Benefit

    On maturity, the Regular Guaranteed1 Payouts expressed as a percentage of Annualized Premium3 will be paid over the chosen Income Period. Additionally, get Enhanced ROP4 at the end of the Income Period. At any time, the policyholder will have an option to take these Regular Guaranteed1 Payouts and the Enhanced ROP4 as a lumpsum at a discounted rate. The Policy will terminate immediately and automatically at the end of the Income Period. There is no life cover during the Income Period. The Regular Guaranteed1 Payouts will continue to the nominee even if the life assured dies during the Income Period. The nominee will also have an option to receive the remaining Regular Guaranteed1 Payouts plus the Enhanced ROP4 as a lumpsum. The lumpsum amount shall be the present value of all outstanding future payouts at a discounted rate.

    Note:

    If this option of taking lumpsum is exercised at the time of maturity, the interest rate applicable for calculating this shall be 9% p.a. whereas if this option is exercised post the start of Regular Guaranteed1 Payouts, the interest rate applicable to calculate the present value will be benchmarked to the G-Sec based on the information from Financial Benchmark India Private Ltd (FBIL). For Income Periods 15 and below, the interest rate applicable for calculating shall be [10-year G-sec + 1%] p.a. rounded-up to the higher full interest rate. For Income Periods 20 & above, the interest rate applicable for calculating shall be [30-year G-sec + 1%] p.a. rounded-up to the higher full interest rate. The interest rate will be reviewed on an annual basis. Any change in bases used for determination of applicable interest rate will be subject to prior approval of IRDAI.

     

    Death Benefit

    You will have life cover during the Policy term. On Death the Sum Assured on Death7 plus Accumulation of Early Guaranteed1 Payouts (AGP6), if any shall be payable to the nominee as a lumpsum. At no time, the death benefit minus AGP6, if any will be less than 105% of Total Premiums5 paid as on date of death, or the prevailing surrender value, whichever is higher. The policy will terminate immediately & automatically on the date of death. Death after Policy Term (during Income Period): The Maturity Benefits will continue to be paid, as applicable.

image alt

    Option 2 – Regular Income

    • Pay your premiums for the chosen period
    • Choose the desired Sum Assured multiple that suits your preferences
    • Regular Guaranteed1 Payouts starting from the beginning of policy year during the Income Period. Income period starts after the policy term
    • These guaranteed1 payouts will be a percentage of Annualised Premium3
    • 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 ROP4) equal to 110% of Total premiums5 paid at the end of the Income Period

     

    Maturity Benefit

    On maturity, the Regular Guaranteed1 Payouts expressed as a percentage of Annualized Premium3 will be paid over the chosen Income Period. Additionally, depending on the income period chosen, you can get an Enhanced ROP4 at the end of the Income Period. At any time, the policyholder will have an option to take these Regular Guaranteed1 Payouts and the Enhanced ROP4 as a lumpsum at a discounted rate. The Policy will terminate immediately and automatically at the end of the Income Period. There is no life cover during the Income Period. The Regular Guaranteed1 Payouts will continue to the nominee even if the life assured dies during the Income Period. The nominee will also have an option to receive the remaining Regular Guaranteed1 Payouts plus the Enhanced ROP4as a lumpsum. The lumpsum amount shall be the present value of all outstanding future payouts at a discounted rate.

    Note:

    If this option of taking lumpsum is exercised at the time of maturity, the interest rate applicable for calculating this shall be 9% p.a. whereas if this option is exercised post the start of Regular Guaranteed1 Payouts, the interest rate applicable to calculate the present value will be benchmarked to the G-Sec based on the information from Financial Benchmark India Private Ltd (FBIL). For Income Periods 15 and below, the interest rate applicable for calculating shall be [10-year G-sec + 1%] p.a. rounded-up to the higher full interest rate. For Income Periods 20 & above, the interest rate applicable for calculating shall be [30-year G-sec + 1%] p.a. rounded-up to the higher full interest rate. The interest rate will be reviewed on an annual basis. Any change in bases used for determination of applicable interest rate will be subject to prior approval of IRDAI.

    Death Benefit

    You will have life cover during the Policy Term. On Death the Sum Assured on Death7 shall be payable to the nominee as a lumpsum. At no time, the death benefit will be less than 105% of Total Premiums5 paid as on date of death, or the prevailing surrender value, whichever is higher. The policy will terminate immediately & automatically on the date of death.

    Death after Policy Term (during Income Period): The Maturity Benefits will continue to be paid, as applicable.

ELIGIBILITY

Eligibility

  • Click on Know More for Eligibility

Know More

Bajaj Allianz life guaranteed pension goal

Disclaimer

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS - IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaintRead More

3Annualized Premium shall be the premium amount payable in a year by the policyholder excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any.

4Enhanced Return Of Premium (ROP) will be paid at the end of Income period opted in the policy. The Return of Premium amount is total of all the premiums paid under the base policy, excluding any extra premium and taxes, if collected explicitly.

5Total Premiums means total of all the premiums paid under the base policy, excluding any extra premium and taxes, if collected explicitly.

6Accumulation of Early Guaranteed1 Payouts (AGP) is an option to accumulate the Early Guaranteed1 Payouts (in-force or paid-up) in the policy instead of taking them as yearly payouts.

7Sum Assured on Death is equal to Sum Assured i.e. SA Multiple X Annualized Premium3

Risk Factors and Warning Statements: Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz Life Assured Wealth Goal Platinum are the names of the company and the product respectively and do not in any way indicate the quality of the product and its future prospects or returns. For more details on risk factors, terms and conditions please read sales brochure & policy document (available on www.bajajallianzlife.com) carefully before concluding a sale. Bajaj Allianz Life Assured Wealth Goal Platinum (UIN: 116N188V05) is a Non linked, Non Participating, Individual, Life Insurance Savings Plan. Regd. Office Address: Bajaj Allianz House, Airport Road, Yerawada, Pune - 411006, Reg. No.: 116, CIN : U66010PN2001PLC015959, Call us on toll free No.: 1800 209 7272, Mail us : customercare@bajajallianz.co.in. 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. All charges/ taxes, as applicable, will be borne by the Policyholder.

IDFC FIRST Bank Ltd is a Corporate Agent for Bajaj Allianz Life Insurance Company Limited and is registered with Insurance Regulatory and Development Authority of India bearing registration number CA0106. This Plan is offered and underwritten by Bajaj Allianz Life Insurance Company Limited. The purchase of an insurance plan by the customer is purely on voluntary basis.

BJAZ-WC-ECNF-12832/25Read Less

Get in touch with us

Compliment

Add a note of appreciation
Customer Support

Customer Support
Locate Our Branch

Locate our branch