Introducing, one of the best savings plan for your family goals. Bajaj Allianz Life POS Goal Suraksha. An easy to buy, non-linked, individual, non-participating, limited premium payment, non-medical, POS endowment savings plan will help you acquire a guaranteed “¹” returns at maturity while securing you and your family against the odds.

Key Features:

¹Conditions 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 (also available on the Website of Bajaj Allianz Life insurance company Ltd.)

Maturity Benefit:

On the maturity date, if all premiums are paid, the Guaranteed Sum Assured on Maturity^# plus Guaranteed Additions, under your policy, will be paid and the policy will terminate.

Death Benefit: 

In case of unfortunate death of the Life Assured due to accident during the waiting period^$ or in case of death of the Life Assured after the waiting period$ due to any cause, the death benefit is payable to the nominee(s)/beneficiaries. Such death benefit is stated as Sum Assured on Death^# which is as below.
The Sum Assured on Death is the higher of:
(i) 10 times of Annualized Premium*, (ii) 105% of Total Premiums** paid as on date of death, (iii) Sum Assured^#
 In case of death of the Life Assured during the Waiting period^$ other than due to an accident, the death benefit payable to the nominee(s)/beneficiaries will be the 100% of Total Premiums** paid till date, excluding any extra premium & Goods & Service Tax/any other applicable tax levied, subject to changes in tax laws.
The policy will terminate on payment of the death benefit.
The death benefit is payable provided the policy is in-force and all due premiums have been paid.

* Annualized Premium is exclusive of extra premium, loadings for modal premiums and Goods &Service Tax/any other applicable tax levied, subject to changes in tax laws, if any.
**Total premium is total of all the premiums paid & received ,excluding any extra premium, rider premium and taxes.
^#Guaranteed Sum Assured on Maturity and Sum Assured is 10 times the Annualized Premium
^$Waiting period is the first 90 days from the date of commencement of risk. Waiting period is not applicable in case of revival.

Eligibility Conditions:

All ages mentioned above are age as on last birthday.
The premiums mentioned above are exclusive of any extra premium loading and Goods & Service Tax/any other applicable tax levied, subject to changes in tax laws.
Risk cover, even for minor life, will commence immediately on the date of commencement of risk of the policy.

To know the applicable commissions and charges, please contact your nearest Branch / Relationship Manager