Bajaj Allianz Life Invest Protect Goal III (116L205V01)

Features

  • Lump sum payout for your loved ones in your absence.
  • Helps to grow your invested corpus through market-linked returns.
  • Return of Charges to help boost your fund value.
  • Loyalty additions as a reward for staying invested.
  • Fund Maintenance Booster to ensure you remain protected throughout your chosen policy term.
  • Riders will be available to provide enhanced protection.
  • Tax benefit as per applicable laws.

Eligibility Criteria

Age at Entry for Life Assured (in years)

Minimum

18 years

Maximum

60 years

Age at Maturity (in years)

Minimum

38 years

Maximum

100 years

Policy Term (in years)

Minimum

20 years

Maximum

40 years

Premium Payment Term (in years)

Limited Pay

5,6,7,8,9,10,11,12

Regular Pay

Equal to Policy Term

Premium Mode

Minimum

PPT (in years)

Yearly

Half Yearly

Quarterly

Monthly

Top-Up

5 to 7

Rs. 48,000

Rs. 24,000

Rs.12,000

RS.4000

Rs.5000

8 &above

Rs.18000

Rs.9000

Rs.4500

Rs.1500

Maximum

All

No Limit, subject to Board Approved Underwriting Policy (BAUP)

Sum Assured

Minimum

7 X Annualised Premium

Maximum

As per maximum Sum Assured (SA) multiple allowed

Top-up

1.25 X Top-Up Premium

 

All ages mentioned above are as per age on last birthday Minimum and Maximum Sum Assured will be subject to prevailing Board Approved Underwriting Policy (BAUP).

Brochures

Life insurance Related Products

Disclaimer

Disclaimer


All Charges applicable shall be levied. This brochure should be read in conjunction with the Benefit Illustration. The policy document is the conclusive evidence of contract and provides in details all the conditions and exclusions related to Bajaj Allianz Life Invest Protect Goal III. Please ask for the same along with the quotation.

The Federal Bank Limited is a Corporate Agent having registration number - Regn. No. CA0227.  The service provided by The Federal Bank Limited is purely an agency service and is carried out strictly on a non-risk participation basis. The Federal Bank Limited, as corporate agent does not underwrite the risk or act as an insurer. Participation by the Federal Bank’s customers in the insurance product is purely on a voluntary basis and is not linked to the availment of any other facility from the Federal Bank Limited.”