Bajaj Allianz Life Smart Goal Protect is a comprehensive insurance plan that offers multiple benefits. An economic plan with affordable premium rates, comes in multiple variants such as life cover, child education extra cover, life cover with joint variant, and increasing life cover variant. Bajaj Allianz Smart Goal Protect is a complete term plan with new-age features in line with your evolving needs.
Bajaj Allianz Life Smart Goal Protect Term Plan is a term plan that offers versatile features like protection against 5 critical illnesses, a competitive premium, a return of premium feature, whole life cover, and multiple add-ons.
Bajaj Allianz Life Smart Goal Protect Plan Specifications
18 years to 65 Years
Min: 50 lakh Max: As per Board approved underwriting guidlines
Policy Term (Months)
5 to 99-Age at entry
Premium payment mode
Yearly / Half Yearly / Monthly
Key Features of Bajaj Allianz Life Smart Goal Protect Plan
Future goals and aspirations can be hindered due to unforeseen circumstances which is why it is essential to be prepared for each and every possibility in life. Bajaj Allianz Life Smart Goal Protect Plan offers multiple features that safeguard your family against the inevitable.
Multiple Coverage Options : Bajaj Allianz Life Smart Goal Protect Term Plan offers multiple coverage options such as life cover variant, child education extra cover variant, Life cover with joint life variant, and Increasing Life cover variant.
Whole life cover : Under Bajaj Allianz Smart Goal Protect you can avail cover till the age of 99 years by paying for a limited term only.
Critical Illness cover : Bajaj Allianz Smart Goal Protect offers you coverage against 55 major and minor critical illnesses.
Multiple Add-ons : With Bajaj Allianz Life Smart Goal Protect Term plan a policyholder gets multiple add-ons like Accidental Death Benefit, Accidental Total Permanent Disability Benefit, Critical Illness Cover, and waiver of premium benefit.
Automatic Increase of life cover: Under Bajaj Allianz Smart Goal Protect Plan life cover increases at every policy anniversary.
Bajaj Allianz Life Smart Goal Protect Plan Options
There are a total of 4 plan options available under the Bajaj Allianz Smart Goal Protect Plan. All these options offer different types of features. Given below is a brief overview of all these plan options.
Life Cover Variant :Bajaj Allianz Life Smart Goal Protect Life Cover Variant offers benefits such as coverage against 55 critical illnesses, a competitive premium and comprehensive coverage along with multiple add-ons such as Accidental Death Benefit, Accidental Total Permanent Disability Benefit, Critical Illness cover and more.
Child Education Extra Cover Variant : Under this variant all the base features are available along with an additional benefit securing the future of your child. This variant provides extra protection of 10-100% of the base cover for the child’s educational expense in case of death of the life assured.
Child Education Extra Cover Variant : Life Cover with Joint Life variant
Life Plus Health Option: Under this variant of Bajaj Allianz Smart Goal Protect Plan life cover increases at every policy anniversary. The maximum sum assured can increase up to 200% of the base cover.
Explore Bajaj Allianz Life Smart Goal Protect Plan Insurance
Know more about Bajaj Allianz Life Insurance plans, claim process, buying process, and contact details of the company by clicking on the sections below:
1. How many major and minor critical illnesses are covered under Bajaj Allianz Smart Goal Protect Term Plan
Bajaj Allianz Life Smart Protect Goal protects against 19 minor and 36 major Critical Illnesses, including cancer, heart ailments, Alzheimer’s disease, Parkinson’s Disease, and blindness, among others.
2. Under what conditions are Waiver of premium benefits available?
The Waiver of Premium Benefit is available in case of occurrence of Critical Illness (including Accidental Total Permanent Disability) or death of the life assured.
3. Under Joint Life Cover variant can a life insured insure someone else other than the spouse?
No, the Joint Life Cover variant is available only to the spouse of the life assured.
4. What is the rate at which the life cover will increase under the increasing life cover variants?
It depends on the percentage opted by you at the time of inception. You can choose between 5%, 8%, or 10% of the Sum Assured for the annual increase in life cover.
5. How many children can be covered under the Child Education Extra Cover variant?
Multiple children can be covered under the plan as far as Sum Assured is not exceeding 100% of the Base Sum Assured.
Bajaj Allianz Term Insurance Reviews
Read what our customers have to say about Bajaj Allianz term insurance company
December 9, 2022
I had many confusions regarding the term policies . But Policyx has handled it well, m happy that they are my wayfarer in this journey.
October 6, 2021
good service during claims settlement recently. Now bought another cover from Bajaj for their service
October 5, 2021
grateful! good plans! I m planning to renew my policy now with them. the features are pretty impressive
October 5, 2021
it s a good company. i was offered a term plan and the premiums in my budget! Also thankful to policyx for their inputs and suggestions
October 4, 2021
amazing service! like truly amazing! i mean I have always been so skeptical about insurance...but Bajaj was so professional and dealt with my queries wonderfully!
October 4, 2021
good team the company has created...very very helpful and quick with query resolution! I am grateful to be a customer of this company!
October 4, 2021
The policy covers me for 40 years and I think the amount will be sufficient for my family if anything were to happen to me! thanks for the help
September 30, 2021
good portfolio of products at the company! i m pleased to be buying from them...hopefully it will be a fruitful journey