Life Insurance
Bajaj Allianz Life POS Goal Suraksha
(A Non-Participating, Non-Linked Life Insurance Plan)
Overview:
Your family’s security is one of the many cherished dreams. This dream can be guaranteed and secured which can truly help you to convert your dream into a GOAL.
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 Advantages:
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Guaranteed1 Maturity Benefit |
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Offers Guaranteed1 Additions at Maturity
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Limited Premium Payment Term |
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Option to take policy loan
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Option to alter premium payment mode |
1Conditions Apply-The Guaranteed benefits are dependent on policy term, premium payment term availed along with other variable factors.
Eligibility Conditions:
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Parameter |
Details |
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Minimum Entry Age |
18 years |
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Maximum Entry Age |
55 years |
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Minimum Age at Maturity |
28 years |
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Maximum Age at Maturity |
65 years |
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Policy Term (PT) & Premium Payment Term (PPT) |
PT (In years) |
10 |
15 |
20 |
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PPT (In years) |
7 |
5, 7, 8, 10 & 12 |
5, 7, 8, 10 & 12 |
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Minimum Premium |
Mode |
Yearly |
Half-Yearly |
Quarterly* |
Monthly* |
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Premium (Rs.) |
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 |
Rs. 30,000 |
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Maximum Sum Assured |
Rs. 25,00,000 |
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Premium Payment Frequency |
Yearly, Half yearly, Quarterly* and Monthly* |
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*Quarterly & Monthly premium payment frequency will be allowed only under auto-debit process (as per the approved RBI facilities)
NOTE: 10 PT is available only for ages between 50 & 55 years
Disclaimer - The participation by IPPB’s customer in insurance products is purely on a voluntary basis. There is no ’linkage’ either direct or indirect between the provision of banking services offered by the bank to its customers and use of the insurance products.