BAJAJ LIFE INSURANCE GPGII

Bajaj Life Guaranteed Pension Goal II

A Non-Linked, Non-Participating, Individual & Deferred & Immediate Annuity plan

(UIN: 116N187V02)



With the advent of technology, our lifestyle goals have upgraded. Today we use gadgets, appliances and services which were not there 2-3 decades ago. Who knows what is in store for us in the next 2-3 decades? We need to stay financially prepared so that our lifestyle goals are not compromised in the second innings of life retirement.

Presenting Bajaj Life Guaranteed Pension Goal II which assures your Lifestyle goals by giving guaranteed1 income throughout life as per your choice and need


Key Advantages


  • Guaranteed^ INCOME THROUGHOUT LIFE: Your annuity amount is guaranteed1 at policy inception and is paid regularly as per your choice and need (Yearly/ Half yearly/Quarterly/Monthly)
  • CHOOSE WHEN YOUR SECOND INNINGS STARTS: Annuity starts immediately or after a few years (from policy inception) as per your choice and need
  • OPTION TO TAKE A % OF RETURN OF PURCHASE PRICE2: Option to choose 50% to 100% Return of Purchase Price2 payable on death
  • RETURN OF COST (PURCHASE PRICE2): The plan offers both immediate and deferred annuity options. In the deferred annuity option, you pay a lump sum or regular/limited Premium, and the annuity payout will start after the deferment period chosen by you at inception. The deferment period can be a minimum of 1 year to a maximum of 10 years.
  • WIDE RANGE OF ANNUITY OPTIONS* Choose from a wide range of Annuity options* to meet your Lifestyle goals

  • 1Conditions Apply - The guaranteed benefits are dependent on the purchase price & annuity option chosen. For more details, please refer to sales brochure.
  • 2The Purchase Price is the single Premium or the sum of all regular/limited Premiums paid (including in a paid-up policy); excluding any GST/any other tax as may be applicable from time to time.
  • *Option once chosen at inception, cannot be changed during the Policy term.


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


BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS - IRDAI is 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 Guaranteed Pension Goal II 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. Regd. Office Address: Bajaj Insurance House, Airport Road, Yerawada, Pune – 411006 IRDAI Reg.No.: 116 CIN : U66010PN2001PLC015959. Mail us : customercare@bajajlife.com Call on : Toll Customer care no. 020-6712 1212. Bajaj Life Guaranteed Pension Goal II is A Non Linked Non Participating Immediate & Deferred Annuity Plan (UIN: 116N187V07). 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.


BJAZ-WC-ECNFLC-17454/25

Last Updated on: 18-03-2026 11:29:53 AM

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