Endowment:

Endowment:

Plan Name – Bajaj Life Goal Suraksha (UIN: 116N155V16)

A Non Linked, Non Participating, Individual, Life Insurance Savings Plan

Key Features:

Guaranteed¹ Maturity Benefit

Offers Guaranteed¹ Additions at Maturity

Limited Premium Payment Term

Option to take policy loan

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.

Maturity Benefit:

On the maturity date, if all premiums are paid, the Guaranteed¹ Sum Assured on Maturity ^# plus Guaranteed¹ Additions, under your policy, will be paid and the policy will terminate.

For details on Guaranteed¹ Addition factors kindly visit the company website.

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 payable to the nominee(s)/beneficiaries. Such death is stated as Sum Assured on Death which is as below.
The Sum Assured on Death is the higher of:
(i) Sum Assured Multiple X Annualized Premium^*, (II) Sum Assured³
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 extra premium & Goods & Service Tax/any other applicable tax levied, subject to changes in tax laws.
At no time the Death Benefit will be less than Guaranteed Death Benefit of 105% of the Total Premiums paid^** up to the date of death. 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 up.

SA multiple allowed under the product are

Age (in years)	SA Multiple
0-49	7 or 10
50-55	5 or 10

Low Cover Mark-up
At the inception of the policy, if you opt for a sum assured multiple of 7/5 times the Annualized Premium*, you shall receive a “Low Cover Mark-up” wherein you will be able to enjoy additional Guaranteed1 Additions resulting into a higher Maturity Benefit.
For details on “Low Cover Mark-up” factors kindly visit the company website.

^*Annualized Premium shall be the premium amount payable in a year chosen by the policyholder excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any. | ^**Total Premium paid means total of all the premiums paid under the base product, excluding any extra premium and taxes, if collected explicitly | ^#Guaranteed Sum Assured on Maturity is (110%^*Premium Payment Term) times the Annualized Premium^*. | ³Sum Assured (SA) is SA multiple X 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 Criteria

Parameter	Details
Minimum Entry Age	0 years On attaining the age of majority, i.e. 18 years, the Policy will vest on Life Assured
Maximum Entry Age	55 years
Minimum Age at Maturity	18 years
Maximum Age at Maturity	65 years
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
Minimum Premium	Mode	Yearly	Half-Yearly*	Quarterly*	Monthly*
	Premium(Rs.)	3,000	2,100	1,250	450
Maximun Premium	As per Maximum Sum Assured
Minimum Sum Assured	Age (in years)	Minimum Sum Assured
	0-49	21,000
	50-55	15,000
Maximum Sum Assured	Rs.25,00,000 (As per prevailing POS guidelines, as amended from time to time, and as per the prevailing Board Approved Underwriting Policy )
Premium Payment Frequency	Yearly, Half yearly, Quarterly and Monthly *Half-Yearly, Quarterly & Monthly premium payment frequency will be allowed only under auto-debit process (as per the approved RBI facilities)

All ages mentioned above are age as on last birthday. Risk cover, even for minor life, will commence immediately on the date of commencement of risk of the policy.

Bajaj Life Insurance Limited (formerly known as Bajaj Allianz Life Insurance Company Limited)

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFER – IRDAI or its officials are not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

Risk Factors and Warning Statements: Bajaj Life Insurance Limited and Bajaj Life Goal Suraksha are the names of the company and the product respectively and do not in any way indicate the quality of the product and its future prospects or returns. For more details on risk factors, terms and conditions please read sales brochures & policy document (available on www.bajajlifeinsurance.com) carefully before conducting a sale. Bajaj Life Goal Suraksha – A Non Linked, Non Participating, Individual, Life Insurance Savings Plan. Regd Office Address: Bajaj Insurance House, Airport Road, Yerawada, Pune - 411006. Reg. No.: 116. CIN: U66010PN2001PLC015959 | Mail us: customercare@bajajlife.com | Call us on Customer Care number: 020-6712 1212 | Bajaj Life Goal Suraksha (UIN: 116N155V16), The Logo of Bajaj Life Insurance Limited is provided on the basis of license given by Bajaj Finserv Ltd. to use its “Bajaj” Logo.

Jana Small Finance Bank is a Corporate Agent for Bajaj Life Insurance Limited and is registered with Insurance Regulatory and Development Authority of India bearing registration number CA0606. This plan is offered and underwritten by Bajaj Life Insurance Limited. The purchase of an insurance plan by the customer is purely on voluntary basis.

Plan Name – Bajaj Life Assured Wealth Goal Platinum (UIN:116N188V07)

A Non linked, Non participating, Individual Life Insurance Savings Plan

Key Advantage are as below:

Liquidity: Income begins as early as from start of the 1^st policy year

Guarantee¹ : All the benefits in the policy are guaranteed¹

Security: Life Cover to protect your family

Tax Benefit²: Avail tax benefits² as per prevailing tax laws.

Option: Smart Income

Pay your premiums for the chosen period

Choose the desired Sum Assured multiple that suits your preferences

You will have an option to choose your Early Guaranteed¹ Payouts start year

Regular Guaranteed¹ Payouts are paid at the beginning of policy year during the Income Period. Income period starts after the policy term.

The Guaranteed Payouts will be a percentage of Annualized Premium3

You will also receive Enhanced Return of premium4 (ROP) as 110% of Total Premiums5 paid at the end of the Income Period

¹1 Conditions 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.

²Tax benefits as per prevailing Section 10(10D) and Section 80C (under old tax regime) of the Income Tax Act shall apply. You are requested to consult your tax consultant and obtain independent advice for eligibility before claiming any benefit under the policy

Maturity Benefit

On maturity, the Regular Guaranteed¹ Payouts expressed as a percentage of Annualized Premium³ will be paid over the chosen Income Period. Additionally, get Enhanced ROP⁴ at the end of the Income Period. At any time, the policyholder will have an option to take these Regular Guaranteed¹ Payouts and the Enhanced ROP⁴ as a lumpsum at a discounted rate.

The Policy will terminate immediately and automatically at the end of the Income Period. There is no life cover during the Income Period. The Regular Guaranteed¹ Payouts will continue to the nominee even if the life assured dies during the Income Period.

The nominee will also have an option to receive the remaining Regular Guaranteed 1 Payouts plus the Enhanced ROP⁴ as a lumpsum. The lumpsum amount shall be the present value of all outstanding future payouts at a discounted rate.

Note - If this option of taking lumpsum is exercised at the time of maturity, the interest rate applicable for calculating this shall be 9% p.a. whereas if this option is exercised post the start of Regular Guaranteed₁ Payouts, the interest rate applicable to calculate the present value will be benchmarked to the G-Sec based on the information from Financial Benchmark India Private Ltd (FBIL). For Income Periods 15 and below, the interest rate applicable for calculating shall be [10-year G-sec + 1%] p.a. rounded-up to the higher full interest rate. For Income Periods 20 & above, the interest rate applicable for calculating shall be [30-year G-sec + 1%] p.a. rounded-up to the higher full interest rate. The interest rate will be reviewed on an annual basis. Any change in bases used for determination of applicable interest rate will be subject to prior approval of IRDAI.

Death Benefit

You will have life cover during the Policy term. On Death the Sum Assured on Death⁷ plus AGP⁶ , if any shall be payable to the nominee as a lumpsum. At no time, the death benefit minus AGP⁶ , if any will be less than 105% of Total Premiums⁵ paid as on date of death, or the prevailing surrender value, whichever is higher. The policy will terminate immediately & automatically on the date of death. Death after Policy Term (during Income Period): The Maturity Benefits will continue to be paid, as applicable.

AGP: Accumulated Early Guaranteed Payout
³Annualized Premium shall be the premium amount payable in a year by the policyholder excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any ⁴Enhanced Return of Premium (ROP) will be paid at the end of Income period opted in the policy. The Return of Premium amount is total of all the premiums paid under the base policy, excluding any extra premium and taxes, if collected explicitly.
⁵Total Premiums means total of all the premiums paid under the base policy, excluding any extra premium and taxes, if collected explicitly
⁶Accumulation of Early Guaranteed Payouts (AGP) is an option to accumulate the Early Guaranteed Payouts (in-force or paid- up) in the policy instead of taking them as yearly payouts, please read sales brochure & policy document (available on www.bajajlifeinsurance.com) carefully before concluding a sale.
⁷Sum Assured on Death is equal to Sum Assured i.e. SA Multiple X Annualized Premium | For details on Sum Assured Multiple, kindly visit the company website.

Eligibility Criteria

Plan Option		Smart Income*
Premium Payment Term (PPT) (in years)		5/6	7	8/10/12
Deferment Period (in years)		Not Applicable
Policy Term (PT) (in years)	Regular Pay	Equal to PPT
	Limited Pay	NA	10	15
Income Period (in years)		15/20/25/30
Enhanced ROP		Yes
		Minimum	Maximum
Age at Entry (years)		6	Regular Pay - 60 Limited Pay - 55
Age at Maturity (years)		18	72
Annualized Premium (Rs.)		Rs.30,000	No Limit, subject to Board Approved Underwriting Policy

*Under Smart Income, Income Period 15 and Limited premium payment option is only available with EGP Start Year 1.
All ages mentioned above are age as on last birthday. Risk cover will commence immediately on the date of commencement of risk of the policy and, in the case of a minor life, policy will vest on the life assured on the earlier of attainment of majority (i.e., 18 years age last birthday) or on maturity date. For female lives, the age set-back of 3 years will be applicable for calculation of SA Multiple and Maturity Benefit/ Income payout.
Income Period will commence after the end of Deferment Period. The deferment period will be PT minus PPT (in years) Benefits will vary depending on the plan option chosen

Bajaj Life Insurance Limited (formerly known as Bajaj Allianz Life Insurance Company Limited)

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFER – IRDAI or its officials are not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

Risk Factors and Warning Statements: Bajaj Life Insurance Limited and Bajaj Life Assured Wealth Goal Platinum are the names of the company and the product respectively and do not in any way indicate the quality of the product and its future prospects or returns. For more details on risk factors, terms and conditions please read sales brochures & policy document (available on www.bajajlifeinsurance.com) carefully before conducting a sale. Bajaj Life Assured Wealth Goal Platinum – A Non linked, Non participating, Individual Life Insurance Savings Plan. Regd Office Address: Bajaj Insurance House, Airport Road, Yerawada, Pune - 411006.. Reg. No.: 116. CIN: U66010PN2001PLC015959 | Mail us: customercare@bajajlife.com | Call us on Customer Care Number: 020-6712 1212 | Bajaj Life Assured Wealth Goal Platinum (UIN: 116N188V07), The Logo of Bajaj Life Insurance Limited is provided on the basis of license given by Bajaj Finserv Ltd. to use its “Bajaj” Logo.

Jana Small Finance Bank is a Corporate Agent for Bajaj Life Insurance Limited and is registered with Insurance Regulatory and Development Authority of India bearing registration number CA0606. This plan is offered and underwritten by Bajaj Life Insurance Limited. The purchase of an insurance plan by the customer is purely on voluntary basis.

Plan Name – Bajaj Life ACE (UIN: 116N186V03)

A Non linked, Participating, Individual Life Insurance Savings Plan

Key Features:

• Increasing Income: Option that provides increasing income in at 5% p.a. (on compounding basis) every year
• Early Income: Option to receive income as early as from the end of 1^st month of your Policy
• Decide if you prefer a level income or an increasing income
• Decide your income start year: Option to defer income for up to 5 years
• Decide your policy term from a wide range, i.e. 10 years to 100 years of age
• Life Cover with Tax Benefits^{^}

^{^}Tax benefits as per prevailing Section 10(10D) and Section 80C (under old tax regime) of the Income Tax Act shall apply. You are requested to consult your tax consultant and obtain independent advice for eligibility before claiming any benefit under the policy

Early Income option:

Income Benefit: You are eligible to receive an income in the form of Cash bonuses³ that may be declared by the Company every year. You can opt to take this cash bonus³ (if declared) monthly/ yearly which gives you an income starting from the end of 1st month/ 1st year after the Deferment period of your Policy. In addition to the cash bonus³ , if declared, you shall also receive a Guaranteed² Income. The income benefit is payable for the entire policy term

Guaranteed² Income = Guaranteed² income factor of 4% X Benefit Sum Assured

Cash Bonus³ payable = Declared Cash Bonus³ Rate X Benefit Sum Assured

Deferment period: You will have an option to defer the start of your income by up to 5 years

Maturity Benefit: On maturity of the Policy, you will receive:

• Sum Assured on Maturity, i.e. 105% of Total premiums⁴ paid plus
• Accumulated Income benefits, if any earlier, plus
• Terminal bonus (if declared)

Death Benefit: In case of death of the Life Assured during the policy term, the death benefit will be paid as:

• Sum Assured on Death plus
• 105% of Accumulated Income benefits, if any earlier plus
• Terminal Bonus (if declared)

The Sum Assured on Death will be 11 times of Annualized premium⁵ . At no time the Death Benefit will be less than the Guaranteed² Death Benefit. If there is any shortfall, the same will be added to the Death Benefit

The death benefit will be paid-out as a lump-sum, and the policy will terminate if not opted to take the death benefit in installments.

²Conditions 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.

³Bonuses are not guaranteed and it depends on the Company's Performance.

⁴Total Premiums means total of all premiums paid under the policy, excluding any extra premium and taxes, if collected explicitly.

⁵Annualised Premium is premium amount payable in a year excluding taxes, rider premiums and underwriting extra premium on riders, if any.

Increasing Income Option

Income Benefit: You shall receive an income which comprises of a Guaranteed² Income and cash bonuses³ , if declared. This income is paid in arrears after the end of the Premium Payment Term and Deferment period and is payable till the end of policy term. These incomes will be declared as a percentage of the Benefit Sum Assured. Benefit Sum Assured is guaranteed² to increase at 5% p.a. (on compounding basis) every year. The increased Benefit Sum Assured will be used for calculation of respective year’s Guaranteed Incomes and Cash bonuses (if declared). Guaranteed Income shall be 2% of the Benefit Sum Assured.

Deferment Period: You will have an option to defer the start of your income by up to 5 years

Maturity Benefit: On maturity of the Policy, you will receive:

• Sum Assured on Maturity, i.e. 105% of total premiums⁴ paid, plus
• Accumulated Income benefits, if any plus
• Terminal Bonus (if declared)

Death Benefit: In case of death of the Life Assured during the policy term, The death benefit will be paid as:

• Sum Assured on Death plus,
• 105% of Accumulated Income benefits, if any plus
• Terminal Bonus (if declared)

The Sum Assured on Death will be 11 times of Annualised premium⁵ . At no time the Death Benefit will be less than the Guaranteed² Death Benefit. If there is any shortfall, the same will be added to the Death Benefit. The death benefit will be paid-out as a lumpsum, and the policy will terminate if not opted to take the death benefit in installments

²Conditions 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.

³Bonuses are not guaranteed and it depends on the Company's Performance.

⁴Total Premiums means total of all premiums paid under the policy, excluding any extra premium and taxes, if collected explicitly.

⁵Annualised Premium is premium amount payable in a year excluding taxes, rider premiums and underwriting extra premium on riders, if any.

Wealth Option

Maturity Benefit: On maturity, you will receive a lumpsum amount equal to:

• Maturity Sum Assured, i.e. Maturity Sum Assured Rate x Annualised Premium⁵ , plus
• Accrued Simple Reversionary Bonus (if declared), plus
• Terminal Bonus (if declared)

Death Benefit: In case of the Life Assured during the policy term, the death benefit will be paid as:

• Sum Assured on Death, plus
• Accrued simple reversionary bonus (if declared), plus
• Terminal Bonus (if declared)

The Sum Assured on Death will be 11 times of Annualised premium⁵ . At no time the Death Benefit will be less than the Guaranteed² Death Benefit. If there is any shortfall, the same will be added to the Death Benefit. The death benefit will be paid-out as a lumpsum, and the policy will terminate if not opted to take the death benefit in installments.

²Conditions 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

⁵Annualised Premium is premium amount payable in a year excluding taxes, rider premiums and underwriting extra premium on riders, if any.

Deferred Income Option

Income Benefit: You shall receive an income which comprises of a Guaranteed² Income and cash bonuses³ , if declared. This income is paid in arrears after the end of the Premium Payment Term and Deferment period and is payable till the end of policy term.

Guaranteed² Income = Guaranteed² income factor of 4% X Benefit Sum Assured

Cash Bonus³ payable = Declared Cash Bonus³ rate X Benefit Sum Assured

Deferment Period: You will have an option to defer the start of your income by up to 5 years

Maturity Benefit: On maturity of the Policy, you will receive:

• Sum Assured on Maturity, i.e. 105% of total premiums⁴ paid, plus
• Accumulated Income benefits, if any plus
• Terminal Bonus (if declared)

Death Benefit: In case of death of the Life Assured during the policy term, The death benefit will be paid as:

• Sum Assured on Death plus
• 105% of Accumulated Income benefits, if any plus
• Terminal Bonus (if declared)

The Sum Assured on Death will be 11 times of Annualised premium⁵ . At no time the Death Benefit will be less than the Guaranteed² Death Benefit. If there is any shortfall, the same will be added to the Death Benefit. The death benefit will be paid-out as a lump-sum, and the policy will terminate if not opted to take the death benefit in installments.

²Conditions 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.

³Bonuses are not guaranteed and it depends on the Company's Performance.

⁴Total Premiums means total of all premiums paid under the policy, excluding any extra premium and taxes, if collected explicitly.

⁵Annualised Premium is premium amount payable in a year excluding taxes, rider premiums and underwriting extra premium on riders, if any.

Goal Protection Benefit

By opting for this benefit, you can ensure that your savings goal will remain intact even if you are not around. Thus, providing your family a financial protection net by continuing the benefit payouts to them as you have planned.

How the plan works if you have opted for Goal Protection Benefit:

On survival (until maturity): Your Income benefits and maturity benefit will be paid to you as and when due.

On Death of the Life Assured during the Premium Payment Term:

• The Sum Assured on Death plus 5% of accumulated income benefit, if any shall be paid immediately
• The policy will be continued, and no future premiums will be collected, and
• Your nominee will receive the Income benefits, if any, and maturity benefit as and when due till maturity
• Simple Reversionary Bonus, if any, will continue to accrue in the policy
• The accumulated Income benefits, if any, will remain accumulated in the policy

On Death of the Life Assured after the Premium Payment Term:

• The Sum Assured on Death plus 5% of accumulated income benefit, if any shall be paid immediately
• Your nominee will receive the Income benefits and maturity benefit as and when due till maturity
• Simple Reversionary bonus, if any, will continue to accrue in the policy
• The accumulated Income benefits, if any, will remain accumulated in the policy

Note: The product is also available without goal protection benefit

Eligibility Conditions

Plan Benefits	Premium Payment Term (PPT)	Income Period (IP)	Deferment Period (DP)	Policy Term (PT)	Min / Max Age at Entry	Min / Max Age at Maturity
Early Income	5,6,7,8,9,10,12	IP = PT minus DP	0 to 5 years	Limited Term : 10 to 45 years Whole Life : Upto Age 85 or 100	With GPB : 10 to 55 years Without GPB : 0 to 60 years	With GPB : Upto Age 85 years Without GPB : Upto age 100 years
Deferred Income		Limited Term: 10,15,20,25,30 Whole Life: till Age 85, till Age 100		Limited Term : 15 to 45 years Whole Life : Upto Age 85 or 100
Increasing Income				Limited Term : 15 to 45 year Whole Life : Upto Age 85 or 100
Wealth		NA	NA	Limited Term : 10 to 45 years Whole Life : Upto Age 85 or 100

All ages mentioned above are age as on last birthday.

Risk cover (including for minor lives) will commence immediately on the date of commencement of risk in the policy. In the case of a minor life, the policy will vest on the life assured on the earlier of attainment of age 18 years age or maturity date.

For female lives, 2% markup will be available on Benefit Sum Assured.

Income Period will commence after the end of Deferment Period.

Minimum premium: Rs. 25,000 p.a.

Maximum premium: No limit (subject to Board approved underwriting policy) Minimum & maximum Sum Assured: 11 times of Annualised premium⁵

Benefit Sum Assured (BSA) is derived basis Age, Product option, GPB, DP, PT, PPT, Income period and premium chosen by the Policyholder Benefits will vary depending upon options chose

⁵Annualised Premium is premium amount payable in a year excluding taxes, rider premiums and underwriting extra premium on riders, if any.

Bajaj Life Insurance Limited (formerly known as Bajaj Allianz Life Insurance Company Limited)

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFER – IRDAI or its officials are not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

Risk Factors and Warning Statements: Bajaj Life Insurance Limited and Bajaj Life ACE are the names of the company and the product respectively and do not in any way indicate the quality of the product and its future prospects or returns. For more details on risk factors, terms and conditions please read sales brochures & policy document (available on www.bajajlifeinsurance.com) carefully before conducting a sale. Bajaj Life ACE – A Non linked, Participating, Individual Life Insurance Savings Plan. Regd Office Address: Bajaj Insurance House, Airport Road, Yerawada, Pune - 411006. Reg. No.: 116. CIN: U66010PN2001PLC015959 | Mail us: customercare@bajajlife.com | Call us on Customer Care number: 020-6712 1212 | Bajaj Life ACE (UIN: 116N186V03), The Logo of Bajaj Life Insurance Limited is provided on the basis of license given by Bajaj Finserv Ltd. to use its “Bajaj” Logo.

The risk factors of the bonuses projected under the product are not guaranteed | Past performance of the Company doesn't construe any indication of future bonuses | The product is subject to the overall performance of the Company in terms of investments, management of expenses, mortality and lapses.

Jana Small Finance Bank is a Corporate Agent for Bajaj Life Insurance Limited and is registered with Insurance Regulatory and Development Authority of India bearing registration number CA0606. This plan is offered and underwritten by Bajaj Life Insurance Limited. The purchase of an insurance plan by the customer is purely on voluntary basis.