Bajaj Life Goal Suraksha [116N155V16]

Key Advantage

  1. Guaranteed maturity benefit 
  2. Offers Guaranteed Additions at maturity
  3. Limited premium payment term Option to take policy loan
  4. Option to alter premium payment mode
  5. No Medicals No Income Proof
  6. Quick Issuance

Eligibility Criteria

 

Parameters

 

Minimum Entry Age

0 Years (on attaining the age of majority i.e 18 years, the policy will vest on the life assured)

Maximum Entry Age

55 Years

Minimum Maturity Age

18 Years

Maximum Maturity Age

65 Years

 Policy term ( PT)

10 years I 12 Years I 15 Years I 20 Years

Premium Payment term (PPT)

7 I 6,7,8 I 5,6,7,8.10 & 12

Minimum Sum Assured

21000( Age 0-49) 15000 ( Age 50-55)

Maximum Sum Assured

Rs 24,00,000 ( As per prevailing POS guidelines, as amended from time to time and as per the prevailing Board approved underwriting policy)

Premium

For Ideal Customer -Rs 25000/- to Rs 30000/- Maximum Premium -Rs 2,40,000/-

 

Who Can Opt This Plan

  • Salaried Individuals: Securing child financial goals & retirement
  • Self-Employed: Protecting business and personal financial aspirations

Disclaimer

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.

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