Key Advantages

• LIQUIDITY Income begins as early as from start of the 1st policy year
• GUARANTEE¹ All benefits in the policy are guaranteed¹
• SECURITY Life Cover to protect your family
• Tax Benefits²Avail tax benefits² as per prevailing tax law

Product Features

Smart Income

Maturity Benefit:

On maturity, the Regular Guaranteed¹ P ayouts expressed as a percentage of Annualized Premium4 will be paid over the chosen Income Period. Additionally, get Enhanced ROP the end of the Income Period. At any time, the policyholder will have an option to take these Regular Guaranteed1 Payouts and the Enhanced ROP 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 Guaranteed1 Payouts plus the Enhanced ROP 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 Death3 plus Accumulation of Early Guaranteed1 Payouts, if any shall be payable to the nominee as a lumpsum. At no time, the death benefit minus Accumulation of Early Guaranteed1 Payouts, if any will be less than 105% of Total Premiums* 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.

Regular Income

Maturity Benefit:

On maturity, the Regular Guaranteed1 Payouts expressed as a percentage of Annualized Premium4 will be paid over the chosen Income Period. Additionally, depending on the income period chosen, you can get an Enhanced ROP 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 ROP 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 guaranteed¹ payouts plus the Enhanced ROP 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 Death3 shall be payable to the nominee as a lumpsum. At no time, the death benefit will be less than 105% of Total Premiums* 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.

• 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.
• ³Sum Assured on Death is equal to Sum Assured i.e. SA Multiple X Annualized Premium⁴
• ^*Total Premiums means total of all the premiums paid under the base policy, excluding any extra premium and taxes, if collected explicitly.
• ⁴Annualized 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.

²Tax benefits as per prevailing Section 10(10D) and Section 80C 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.

Bajaj Life Insurance Ltd. (Formerly known as Bajaj Allianz Life Insurance Company Limited)

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS - IRDAI or its officials do not involve 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 brochure & policy document (available on www.bajajlifeinsurance.com) carefully before concluding a sale. Bajaj Life Assured Wealth Goal Platinum (UIN: 16N188V07) is a Non linked, Non Participating, Individual, Life Insurance Savings Plan. Regd. Office Address: Bajaj Insurance House, Airport Road, Yerawada, Pune – 411006. IRDAI Reg.No.: 116 CIN : U66010PN2001PLC015959 . Mail us : customercare@bajajlife.com Call on: customer care no. 020-6712 1212. The Logo of Bajaj Life Insurance Ltd. is provided on the basis of license given by Bajaj Finserv Ltd. to use its “Bajaj” Logo. All charges/ taxes, as applicable, will be borne by the Policyholder.

City Union Bank is a Corporate Agent for Bajaj Life Insurance Limited and is registered with Insurance Regulatory and Development Authority of India bearing registration number CA0023. 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.

BLIC-WC-ECNF-19151/25