Bajaj Allianz Life POS Goal Suraksha (116N155V10)
A non-participating, non-linked Life Insurance Plan.
Features
- Guaranteed maturity benefit
- Limited premium payment term
- Option to alter premium payment mode
- Offers Guaranteed Additions at maturity
- Option to take policy loan
Eligibility Criteria
|
Parameter |
Details |
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|
Minimum Entry Age |
0 Years (On attaining the age of majority, i.e., 18 years, the policy will vest on Life Assured) |
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Maximum Entry Age |
55 Years |
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Minimum Age at Maturity |
18 Years |
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Maximum Age at Maturity |
65 Years |
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Policy Term (PT)&Premium Payment Term (PPT) |
PT (In Year) |
10 |
12 |
15 |
20 |
|
|
PPT (In Year) |
7 |
6,7,8 |
5,6,7,8,10 & 12 |
5,6,7,8,10 & 12 |
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Minimum Premium |
Mode |
Yearly |
Half-Yearly |
Quarterly* |
Monthly* |
|
|
Premium |
3,000 |
2,100 |
1,250 |
450 |
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Maximum Premium |
As per Maximum Sum Assured |
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Minimum Sum Assured |
30,000 |
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Maximum Sum Assured |
25,00,000 |
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Premium Payment Frequency |
Yearly, Half-Yearly, Quarterly and Monthly * Quarterly and Monthly premium payment frequency will be allowed only under auto-debit process (as per the approved RBI facilities) |
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All ages mentioned above are age as on last birthday.
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Disclaimer
All charges applicable shall be levied. Thiis brochure should be read in conjunction with the Benefit illustration. The policy document is conclusive evident of contract and provides in detail all the conditions and exclusions related to Bajaj Allianz Life POS Goal Suraksha. 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.”