1057-1759912635.webp){kind=logo}
Bajaj Investment Plans
Bajaj Life Guaranteed Income Goal is a non-linked savings life insuran ...Read More
A quick read on what this Bajaj Investment Plans term plan covers and why it might be a fit for you.
Bajaj Life Guaranteed Income Goal by Bajaj Life Insurance is a non-linked savings life insurance plan. It offers the dual benefit of saving and insurance. Rather than a normal savings plan, this plan gives you a choice to receive maturity benefits as a lump sum or as income. With the regular or limited premium paying option, you can cover yourself or up to the age of 20 years.
In case of emergencies, this plan also offers a loan facility for up to 70% of your surrender value.
Bajaj Life Guaranteed Income Goal Plan offers you a range of benefits including:
A quick honest summary — the strengths and the trade-offs.
Eligibility criteria pulled straight from the policy wording.
Let's understand how the Bajaj Life Guaranteed Income Goal Plan works with a simple premium illustration.
Mr. Verma is looking for an investment plan that helps him create a lump sum amount to fulfill his financial needs.
His financial advisor advised him to buy the Bajaj Life Guaranteed Income Goal. He visited PolicyX.com.
There are various benefits to buying the Bajaj Life Guaranteed Income Goal Plan. Let's understand each of them in detail:
Key features that make Guaranteed Income Goal stand out.
Flexible Payment Tenure
The plan offers flexibility to choose a premium payment term as per your financial requirements.
Enhanced Rider Options
The plan has 5 optional add-on riders, allowing you to enhance base cover and get additional protection.
Choice of Plan Variant
This plan offers policyholders to choose from two options: 1. income benefit 2. lump sum benefit.
High Sum Assured Rebates
Get a special premium discount if you opt for a high sum assured amount.
Keep these documents handy when applying for Guaranteed Income Goal.
Documents Required to Buy Bajaj Life Guaranteed Income Goal Plan
Here is the list of documents required to buy the Bajaj Life Guaranteed Income Goal Plan:
Photo ID Proof
Photo ID Proof (any one of the following) - Passport, Aadhaar card, PAN card, Driving license.
Age Proof
Age Proof (any one of the following) - Passport, Aadhaar card, PAN card, Driving license.
Address Proof
Address Proof (any one of the following) - Utility bill, passport, Voter ID, ration card.
Medical Records
Medical records of the policyholder (if requested).
Income Proof
Income Proof (any one of the following) - Bank statement, last three months' salary slips (for salaried individuals).
Given below are some exclusions of the Bajaj Life Guaranteed Income Goal Plan:
Here are the key features of the Guaranteed Income Goal.
| What's Good Here | What's Missing |
| Choice of 2 Life Cover Variants | Premium Offset |
| High Sum Assured Rebate | Guaranteed Additions |
| Special Premium Rates for Women | Whole Life Cover |
| Additional Bonuses | Large Premium Boost Discounts |
Unlike a regular life insurance plan that provides fixed coverage throughout the policy term, the Bajaj Guaranteed Income Plan offers extended life coverage, a choice of two variants, and a loan facility. If you have any queries regarding this plan, you can contact PolicyX.com for a better understanding. Our certified insurance advisors work 24/7 to solve every query at zero cost.
The 5 most-asked questions about Guaranteed Income Goal, answered.
PolicyX content is researched in-house and reviewed by an IRDAI-certified insurance specialist before publication.
Select a company and plan for each side to see a detailed side-by-side comparison.
Rated by 62 customers
Select Your Rating
Let us know about your experience or any feedback that might help us serve you better in future.
Do you have any thoughts you'd like to share?
5-min consultation · No spam · No pushy sales
ChatGPT
Claude
Perplexity