Bajaj Allianz Life LongLife Goal

Early Retirement Whole Life ULIP - Bajaj Allianz Life LongLife Goal
You are constantly working towards achieving life goals and your lifestyle improves every time you cross a new milestone. You want to maintain the same way of life during your golden years as well. More importantly, most of us have several goals like traveling to exotic locations, safeguarding your child's future, enhancing your family's lifestyle or maybe, retiring early! All these life goals need to be planned for. Herein one can opt for a ULIP plan that provides for financial security as a Retired Life Income (RLI).To ensure a comfortable and worry-free retirement, when your regular income stops, requires you to make smart investment choices during your early working years. Bajaj Allianz Life LongLife Goal, a non-participating, individual regular premium payment Unit Linked Insurance Plan (ULIP), is one such product. It invests your money in an investment portfolio selected by you and provides for market linked returns over long-term, to help you accumulate a healthy retirement corpus. Features such as periodic return of life cover charges i.e. mortality charges (PROMC) and loyalty additions further add to your retirement corpus taking you closer to a retired life of your dreams.You have a unique option to receive a regular income till 99 years with return enhancer, after the Age 55 years or after 10th Policy Year, whichever is later, ensuring that your lifestyle remains unchanged, even during retirement. Bajaj Allianz Life Long Life Goal, with regular income and life insurance cover, will turn your retirement years to the best years of your life.

1-Choose The Plan Variant- Long Life Goal With Waiver Of Premium OR Long Life Goal Without Waiver Of Premium At Inception#
Variant can only be chosen at inception. Once opted, the variant cannot be changed during the term of the Policy. Policy charges will depend.

2-Choose Your Premium Amount

3- Premiums Are Allocated To Your Funds@ As Per Investment Portfolio Strategy Chosen By You

4- The Units Are Allocated At The Prevailing Unit Price Of The Fund. The Mortality Charge, Waiver Of Premium Charge And Policy Administration Charge Are Deducted Monthly Through Cancellation Of Units. Fund Management Charge Is Adjusted In The Unit Price.

Eligibility
Entry Age


Maturity Age
Minimum & Maximum age of maturity 99 years

Policy Term
99 minus Age at Entry of Life Assured

Premium Payment Term (PPT)
10 to 25 years

Minimum Age at end of PPT


Maximum Age at end of PPT


Minimum Premium

Quarterly & Monthly premium payment frequency will be available under auto-debit options as approved by RBI

Maximum Premium
No limit
As per maximum Sum Assured and Board Approved Underwriting Policy

Premium Payment Frequency
Yearly, Half-yearly, Quarterly and Monthly

Minimum & Maximum Sum Assured
10 times Annualized Premium
Age calculated is age at the last birthday

Prevailing Sum Assured is based on the prevailing Annualized Premium and applicable Sum Assured multiplier
Risk will commence immediately on date of commencement of Policy. In case of a minor life, the Policy will vest on the Life Assured on attainment of age 18 years and the life assured becomes the owner of the Policy. The original Policyholder ceases to be the owner of the Policy and the Waiver of Premium benefit cover will continue on his/her life.