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Guaranteed Income Goal Plan vs Child Advantage Plan

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Guaranteed Income Goal Plan vs Child Advantage Plan

Guaranteed Income Goal Plan

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: lumpsum or in income. With the regular or limite...

Child Advantage Plan

Bharti Axa Life Child Advantage Plan helps you secure your child's future. This plan comes with maturity benefits as well as life insurance coverage. You can choose additional rider benefits with your Bharti Axa Child Advantage to enhance your coverage benefits. This article provides you with comple...

PLAN DETAILS

Guaranteed Income Goal Plan


Child Advantage Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed returns
  • Choice of two variants
  • Policy loan available
  • Offers Premium Waiver Benefit
  • Choose Maturity Option
  • Choose Premium Payment Term
Plan Uniqueness
  • Guaranteed returns
  • Choice of two variants
  • Policy Loan available
  • Offers you Premium Waiver Benefit
  • Choose your maturity option
  • Choose your premium payment term
Plan Maturity age Maximum Maturity Age - 72 years Maximum Maturity Age - 76 years
Premium payment term 5,7,8,10,12 years Same as the policy term
Plan Entry Age Minimum Age - 6 years Maximum Age - 60 years 18 years
Sum assured No limit Rs 25,000 to No limit
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 10,12,15,20 years Minimum term - 11 years Maximum term - 21 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year Minimum Age - 0 year

Know More About Plans

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: lumpsum or in income. With the regular or limited premium paying option, you can cover yourself or up to the age of 20 years.

Wait wait. 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:

why-choose
  • Choice of 2 life cover variants
  • Flexibility to choose premium payment term
  • Special premium rates for women
  • High sum assured rebate
  • Choice of rider options

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