Bajaj Life POS Goal Suraksha Plan

Overview

The Bajaj POS Goal Suraksha Plan by Bajaj Life Insurance is a combination of a life insurance plan and a savings plan. It provides death benefits to your loved ones in case of your unfortunate demise while also helping to save money for future financial goals if you outlive the policy term.

This plan offers various benefits, including:

• Maturity benefits
• Death benefits
• Guaranteed additions that increase the maturity amount
• Limited premium payment terms
• Option to alter premium payment mode
• Loan on policy

This investment plan can be your ideal choice if you want the benefits of life coverage along with a lump sum amount that helps you fulfill your future financial obligations. This page provides complete details about this plan, including eligibility criteria, features, benefits, and the buying process.

How to Buy Bajaj POS Goal Suraksha Plan on PolicyX.com

1. Visit the official website of PolicyX.com.
2. Click on the ‘Investment’ tab.
3. A new page will appear on the screen.
4. Fill out the form at the top of the page with the necessary details.
5. Select your income and city. Click on 'Proceed'.
6. Update your education and occupation details.
7. Choose your preferred plan and click on 'Buy this plan'.
8. Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.

Benefits of Bajaj POS Goal Suraksha

There are various benefits to buying the POS Goal Suraksha Plan. Let’s understand each of them in detail:

• Maturity benefits:
  The POS Goal Suraksha Plan offers you maturity benefits if you outlive the policy tenure. These benefits help you complete your financial goals and requirements.
• Death benefits:
  In case of the policyholder’s uncertain demise, death benefits are paid to their loved ones so that they can live a comfortable lifestyle.
• Guaranteed additions:
  Bajaj POS Goal Suraksha offers you guaranteed additions along with the maturity amount. These benefits are paid only for active policies.
• Limited payment term:
  You have to make premium payments under this plan for a limited time while you enjoy coverage for a long time.
• Alter premium payment modes:
  You can alter your premium payment modes during the policy tenure. The frequency options include monthly, quarterly, half-yearly, and yearly.

• Loan on policy

  You can avail of a loan against your Bajaj POS Goal Suraksha Plan. The maximum loan amount is 80% of the surrender value of the policy.

• Option to change premium payment frequency

  This plan provides the option to change your premium payment frequency during the policy tenure.

• Policy revival

  You can revive your lapsed policy if the revival is made within the first 5 years of the last unpaid premium.

• Free look period

  You will have a free look period of thirty (30) days to cancel the policy if you are not satisfied with it.

How to Buy Bajaj POS Goal Suraksha Plan on Bajaj Website

1. Visit the official website of Bajaj.
2. Hover over the ‘Plans’ and click on ‘Saving Plans’.
3. Click on ‘Online Plans’ and choose 'Bajaj Life POS Goal Suraksha Plan'.
4. Click on ‘Know More’ and you will be redirected to a new page.
5. Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.
6. Once discussed, you can make the premium payment and get the policy documents.

Exclusions

• In case the policyholder commits suicide within 12 months of policy purchase, no death benefits are offered to their family members. Either 80% of the premiums paid to date or the surrender value acquired to date, whichever is higher, is paid.

Documents Required to Buy Bajaj POS Goal Suraksha

Here is the list of documents required to buy the POS Goal Suraksha Plan:

• Photo ID Proof

  Photo ID Proof (any one) - Passport, Aadhaar card, PAN card, Driving license.

• Age Proof

  Age Proof (any one) - Passport, Aadhaar card, PAN card, Driving license.

• Address Proof

  Address Proof (any one) - Utility bill, passport, voter ID, ration card.

• Medical Records

  Medical Records of the policyholder if requested.

• Income Proof

  Income Proof (any one) - bank statement, last three months' salary slips (if you are salaried).

Plan At a Glance

In a Nutshell

If you are looking for an insurance plan that protects your family financially and provides maturity benefits if you outlive the policy tenure, consider the Bajaj POS Goal Suraksha Plan. This plan offers guaranteed additions along with maturity benefits. If you need further assistance in choosing the right plan, contact PolicyX.com, and one of our insurance experts will help you.