100% GUARANTEED¹

TAX-FREE2 RETURNS

GUARANTEED
WEALTH GOAL

A Non linked, Non Participating,

Individual, Life Insurance Savings Plan

TAX-FREE
GUARANTEED
INCOME

1
Conditions Apply -The Guaranteed benefits are dependent on policy term, premium payment term availed along with
other variable factors. For more details, please refer to sales brochure.
2
Tax benefits as per prevailing Section 10(10D) of the Income Tax Act shall apply. You are requested to consult your tax
consultant and obtain independent advice for eligibility before claiming any benefit under the policy.
 ABOUT BAJAJ ALLIANZ LIFE INSURANCE

Bajaj Allianz Life Insurance Co. Ltd., one of India’s leading private life insurers, is a joint venture
between Bajaj Finserv Limited, one of the most diversified non-banking financial institutions in
India, and Allianz SE, one of world’s leading global insurer and asset manager. This joint venture
Insurance Company incorporates global expertise with local experience.
 Bajaj Allianz Life Guaranteed Wealth Goal

Achieving long-term goals in life requires a steadfast commitment to financial planning. By saving
systematically, you not only safeguard the future of your loved ones but also pave the way for
achieving milestones such as homeownership, children’s education, or retirement dreams.

Presenting Bajaj Allianz Life Guaranteed Wealth Goal, a non-linked, non-participating, individual life
insurance savings product that is designed to empower you in this journey with guaranteed benefits
whilst safeguarding your family’s future against unforeseen events. With this product you can be
certain that your savings are safe and steadily growing, ensuring that you can enjoy life to the fullest
without worrying about financial uncertainties.
 What makes Bajaj Allianz Life
Guaranteed Wealth Goal perfect for YOU?

• Get life insurance cover during the entire policy term for financial security of your family

• Flexibility to choose from three plan variants, as per your financial need

• All the benefits under the policy are guaranteed

• Tax Benefits as per applicable tax laws as amended from time to time
 How does this plan work?

Step 1: Select from any of the three variants

Step 2: Decide how much you want to contribute towards your goal, how long you wish to pay

Step 3: Choose the desired life coverage that suits your preferences

At inception, you can choose one or more variants under a policy.

In addition to the above steps, you will also need to customize your policy, based on the parameters
mentioned in the respective plan variant section below.

Plan Variant(s) / Deferment Period / Income period / Premium Payment Term (PPT) / Policy Term
(PT) / Life Cover multiple, once chosen cannot be changed later during the tenure of the policy.

Benefits will vary depending on the plan variant and above chosen details. All the benefits under the
plan are guaranteed provided the Policy is in-force and all due premiums have been paid.
 Let us understand the 3 variants in detail:

Variant 1. WEALTH CREATION

Wealth Creation Variant will help you in meeting your life goals such as wealth creation, funds for
child’s education, financial legacy for the family etc.
• Pay your premiums for the chosen period and get a guaranteed lumpsum benefit at the end of
the Policy Term.
• Customize your policy from following options –

Pay for (years)

5 6 7 8 10 12
i.e. Premium Payment Term (PPT)

Get benefit at the end of

10,12,15,20 12,15,20 15,20
i.e. Policy Term (years)

• Maturity Benefit: Guaranteed Maturity Benefit (GMB) Plus Accrued Guaranteed Additions.

• Guaranteed Maturity Benefit (GMB) is equal to the GMB factor multiplied by the Total Premiums
Paid till the end of Policy Term. The GMB factor varies basis age of the Life Assured, Premium
Payment Term, Policy Term and Sum Assured Multiple chosen by the Policyholder at inception
of the Policy.
The GMB factors are available on the company website.

• Guaranteed Additions (GA) will be added to the Policy at the end of each policy year, starting
from the end of second policy year throughout the Policy Term, provided the Policy is in-force and
all premiums have been paid. These Guaranteed Additions will be calculated as a percentage
of Total Premiums Paid till the date of addition and will vary basis the Policy Term. The GA is
available in the policy provided at least two full policy years’ premiums are paid.
The Guaranteed Addition factors are available on the company website.

• Death Benefit: In case of your unfortunate demise during the Policy Term, the nominee(s) shall
receive Sum Assured on Death as a lumpsum benefit.
Sum Assured on Death is equal to Sum Assured (i.e. Annualized Premium X Sum Assured Multiple).
Age at entry of the Life Assured (years) Sum Assured Multiple
0 to 50 7 / 11 / 15 / 20
51 to 60 5 / 11 / 15 / 20

At no time the total Death Benefit will be less than Guaranteed Death Benefit of 105% of the Total
Premiums Paid, up to the date of death or the Surrender Value available then, whichever is higher.
The policy will terminate on payment of Death Benefit.

Let’s see how you can secure your Child’s Dreams with this plan variant-
Rahul, a 30-year-old engineer has a 5-year-old son. Rahul aspires to plan for his child’s higher
education. He purchases Bajaj Allianz Life Guaranteed Wealth Goal on his life with a Policy Term of
15 years and pays `1,00,000 p.a. for 12 years with an aim of creating a corpus after few years.

`19,61,092 lumpsum at maturity i.e. Accrued

Guaranteed Additions accrue from end of 2nd Guaranteed Additions of `9,04,000 +
year till end of Policy Term Guaranteed Maturity benefit of `10,57,092

` 1,00,000, p.a. paid for 12 years

0 11 15
Policy term 15 Years

You Pay You Get

`1,00,000 p.a. for 12 years `19,61,092 at the end of the

Total Premiums Paid – `12,00,000 15th year
Assuming Rahul dies during the policy term, his nominee will receive the death benefit as
follows –

Death benefit of `18,19,670 will paid as

a lumpsum and the policy will terminate

0 11 15
Death in 14th policy Year
Policy term 15 Years

Note-
• In the above illustration, Rahul is the Proposer and Life Assured.
• For above illustration, the Sum Assured multiple chosen is 11. His Sum Assured on Death (at inception of the policy) is Rs. 11,00,000.
• The premiums mentioned above are exclusive of any extra premium loading and Goods & Service Tax/any other applicable tax
levied, subject to changes in tax laws.
 Variant 2. ASSURED INCOME
Assured Income Variant offers a unique life cover benefit wherein in case of your unfortunate
demise of life assured, a guaranteed income stream is immediately initiated for the same income
period as planned, along with a lumpsum benefit equal to total premiums payable, irrespective
of the actual premium collected. Once the income benefit has been initiated on maturity, it will be
payable regardless of the survival of the life assured

• Pay your premiums for the chosen period

• Choose your Deferment Period to decide when your income commences
• Receive regular guaranteed payouts during the Income Period (after the Policy Term)
• You will receive all premiums paid at the end of the Income Period
• Customize your policy from following options –

Pay Premium for i.e. PPT (years) 5 / 6 / 7 / 8 / 10 / 12

Deferment Period i.e. DP (years) 0/1/2/3/4/5
Premium Payment Term Plus
Policy Term i.e. PT (years)
Deferment Period
Income Period i.e. IP (years) 15 / 20 / 25 / 30
Option 1 – 92% to 100.6%
Death Benefit Instalment % Option
Option 2 – 59% to 64.90%
(varies basis age)
Please refer the company website for
Death Benefit Instalment will be expressed as
details on Death Benefit Instalment %
a percentage of Annualized Premium

Note: Deferment Period is the period between the end of the PPT and the end of PT (i.e. start of Income Period)

Maturity Benefit: The Maturity Benefit shall be payable, as per the details given below over the
chosen Income Period:

• Income Instalments shall be payable in arrears during the Income Period, as per chosen Income
Instalment frequency.
Income Instalment = Base Income Plus Accrued Income Boosters.
• Total Premiums Paid under the Policy will be returned as the ROP (Return of Premium) along
with the last Income Instalment.
Base Income is equal to the Base Income% multiplied by the Total Premiums Paid.

Income Booster (IB) will accrue at the end of each policy year starting from the end of 2nd policy
year till the end of the Deferment Period, provided the Policy is in-force and all premiums have been
paid. The IB is available in the policy provided at least two full policy years’ premiums are paid. The
Income Booster(s) accrued till the end of the Deferment Period are paid to the Policyholder as a part
of every Income Instalment.
The Income Booster applicable at the end of each policy year is calculated as a percentage of Total
Premiums Paid till date.

The Base Income and Income Booster factor varies basis age band, Premium Payment Term,
Deferment Period, Income Period and Sum Assured Multiple chosen by the Policyholder at inception
of the Policy. The Base Income and Income Booster factors are available on the company website.

Once the Income Instalments have commenced, the Income Instalments and the ROP (at the end
of the Income Period) will be paid irrespective of the life assured being alive or not. The Income
Instalments will continue to be paid to the nominee even if death of the life assured occurs post
completion of policy term (i.e. during the Income Period).

Death Benefit: The Death Benefit (i.e. Sum Assured on Death) shall be payable, as per the details
given below over the chosen Income Period (in instalments):
• Death Benefit Instalments (as a percentage of Annualized Premium) shall be payable annually
during the Death Benefit Instalment Period (i.e. the chosen Income Period). The first Death
Benefit Instalment will be due on the date of death of the life assured.
• The ROP (Return of Premium) on Death i.e. Total Premiums payable will be paid along with the
last Death Benefit Instalment.
At the time of intimation of death, the nominee has the option to take the Death Benefit Instalments
and ROP on Death as a lump sum using a discount rate of 8.25% p.a. At no time the total Death
Benefit will be less than Guaranteed Death Benefit of 105% of the Total Premiums Paid up to the
date of death or the Surrender Value available then, whichever is higher. If there is any shortfall
in the total of all Death Benefit Instalments & ROP on Death from the Guaranteed Death Benefit or
Surrender Value, the same will be paid along with the ROP on Death.
The Death Benefit Instalment factors are available on the company website.
How will this plan variant help you / your family in managing future expenses?

Manish is a 35-year-old Investment Banker. He has a small family which consists of his spouse and
4 years’ old son. He is looking for a product which will give him an assured income for long term
& even in case of any eventuality help manage future needs of his family like his child’s education
expenses and income for spouse.
He invests in Bajaj Allianz Life Guaranteed Wealth Goal – Assured Income by paying ` 1 lakh p.a.

PPT 10 years | DP 5 years | PT 15 years | Income Period of 30 years

You Pay You Get

`10,00,000 as ROP at
`1,21,132 p.a. from end of 16th to 45th year
`1,00,000 p.a. the end of the 45th year
Base Income of `20,460 p.a.
for 10 years along with the last
+ Accrued Income Booster of `1,00,672
income instalment

`10,00,000, Lumpsum
at maturity

`1,00,000, p.a. paid `1,21,132 p.a. for 30 years i.e. Base income of
for 10 years `20,460 + Income Booster `1,00,672

5 Years
Deferment
0 9 45
Policy term 15 Years

Total Premium Total Benefit

4.64
`10,00,000 times `46,33,960
 Assuming Manish dies during the Policy Term, his nominee will receive the death benefit as
follows -

`1,00,000, p.a. paid Death Benefit instalment of ` 94,500 p.a. will be

for 10 years payable for income period of 30 years
Plus
Death in 3rd Total premium payable to ` 10,00,000 as ROP
policy Year along with the last income instalment

0 15 45
Policy term 15 Years

Note-
• In the above illustration, Manish is the Proposer and Life Assured and has opted for Option 1 (Life Cover). Please refer the company
website for details on DB Instalment details for Option 1 and 2.
• The premiums mentioned above are exclusive of any extra premium loading and Goods & Service Tax/any other applicable tax
levied, subject to changes in tax laws.
 Variant 3. SECOND INCOME
Second Income Variant will help you generate a second source of guaranteed income along with
a lumpsum benefit equal to total premiums paid to meet your life goals like child’s education /
marriage, retirement. The variant also offers life cover throughout the tenure of the policy (including
income period) to safeguard your family’s financial future.

• Pay your premiums for the chosen period i.e. PPT

• Choose your Deferment Period to decide when your income commences
• Receive Guaranteed Income as a percentage of Annualized Premium during the Income Period
(i.e. post completion of PPT Plus DP)
• You have an option to choose ROP (Return of Premium) benefit i.e. receive all premiums paid at
the end of the Income Period
• Choose from multiple options-

Pay Premium for (years) i.e. PPT 5 / 6 / 7 / 8 / 10 / 12

Deferment Period i.e. DP (years) 0/1/2/3/4/5
Income Period i.e. IP (years) 15 / 20 / 25 / 30
Premium Payment Term Plus Deferment
Policy Term i.e. PT (years)
Period Plus Income Period
Sum Assured Multiple Option Option 1 – 11 to 15.50
(varies basis age) Option 2 – 5 to 9.45
Please refer the company website for Option 3 – 15.70 to 21.15
details on Sum Assured Multiple
Note: Deferment period is the number of years after the end of PPT and before the start of Income period

Survival Benefit: Income Instalments are paid during the chosen income period (post the end of
deferment period), as per chosen Income Instalment frequency. Each Income Instalment is equal to
the Base Income Plus Accrued Income Boosters.
Base Income is equal to the Base Income% multiplied by the Total Premiums Paid.
Income Booster (IB) will accrue at the end of each policy year starting from the end of 2nd policy
year till the end of the Deferment Period, provided the Policy is in-force and all premiums have been
paid. The IB is available in the policy provided at least two full policy years’ premiums are paid. The
Income Booster(s) accrued till the end of the Deferment Period are paid to the Policyholder as a part
of every Income Instalment.
The Income Booster applicable at the end of each policy year is calculated as a percentage of Total
Premiums Paid till date.
The Base Income and Income Booster factor varies basis age band, Premium Payment Term,
Deferment Period, Income Period and Sum Assured Multiple chosen by the Policyholder at inception
of the Policy. The Base Income and Income Booster factors are available on the company website.

Maturity Benefit: The maturity benefit (if selected with ROP option) is payable at the end of the
Policy term along with the last Income Instalment and is equal to the Return of Premium (ROP i.e.
Total Premiums Paid).

If ROP has not been chosen, no Maturity Benefit shall be payable.

Death Benefit: In case of Your unfortunate demise during the Policy Term, nominee(s) shall receive
the Sum Assured on Death i.e. Annualized Premium X Sum Assured Multiple (chosen by the Life
Assured at inception of the Policy), as a lumpsum benefit.

At no time the total Death Benefit will be less than Guaranteed Death Benefit of 105% of the Total

Premiums Paid up to the date of death or the Surrender Value available then, whichever is higher.

How will this plan help you in managing your financial liabilities?
Ajay is a 35-year-old businessman. He has a small family which consists of his spouse and two kids.
He is looking to build a second source of income to help him manage his future expenses like kid’s
education and marriage.
He invests in Bajaj Allianz Life Guaranteed Wealth Goal by paying `1 lakh p.a. with a goal of getting
a guaranteed long term - Second Income.
PPT 10 years | DP 5 years | PT 45 years | Income Period of 30 years with ROP
You Pay You Get
Income of `1,25,792 p.a. from end of
`10,00,000 as ROP
`1,00,000 p.a. 16th to 45th year
at end of the Policy
for 10 years Base Income of ` 31,360 p.a. + Accrued
Term (i.e. 45th year)
Income Booster of `94,432

`10,00,000, Lumpsum
at maturity

`1,00,000, p.a. paid `1,25,792 p.a. for 30 years i.e. Base income of
for 10 years `31,360 + Income Booster `94,432

5 Years
Deferment
0 9 45
Policy term 45 Years

Total Premium Total Benefit

4.74
`10,00,000 times `47,73,760
 Assuming Ajay dies during the policy term, his nominee will receive the death benefit as
follows -

Income instalment of Death Benefit instalment of

`1,25,792, p.a. is payable from ` 16,61,975 will be paid as a
`1,00,000, p.a. paid the end of 16th policy year lumpsum and the policy will
for 10 years terminate

5 Years
0 Deferment 45
9 Death at the end
of the 16th year
Policy term 45 Years
Note-
• In the above illustration, Ajay is the Proposer and Life Assured and has opted for Option 1 (Life Cover).
• The premiums mentioned above are exclusive of any extra premium loading and Goods & Service Tax/any other applicable tax
levied, subject to changes in tax laws.

Under All Variants:

• Annualized Premium shall be the premium amount payable in a year excluding taxes, rider
premiums, underwriting extra premiums and loadings for modal premiums.
• Total Premiums Paid means total of all the premiums paid under the policy, excluding any extra
premium and taxes, if collected explicitly.
 Eligibility Criteria
Variant
Parameter
Wealth Creation Assured Income Second Income

PPT 5&6 Others PPT ALL PPT 5&6 Others

Minimum 0 Minimum 1 Minimum 0

20 SA SA Option 1 50 60
Age at Entry (in 50 55
Multiple Option 1 Option 2 60 60
years)
Maximum 15 SA Maximum 60 Maximum
55 60
Multiple SA
Option 3 50 50
Other SA Option 2
60 60
Multiple
Age at maturity Minimum: 18 Minimum: 18 Minimum: 20
(in years Maximum: 75 Maximum: 77 Maximum: 99
Minimum* & Minimum: 12,000 Minimum: 18,000
Maximum Maximum: No limit as per BAUP^ Maximum: No limit as per BAUP^
Premium (in `)
Premium Yearly, Half yearly, Quarterly and Monthly
Payment Half yearly, Quarterly and Monthly premium frequencies are only allowed under auto-debit process as
Frequency allowed by RBI to financial institutions.

^
Board Approved Underwriting Policy
*The Minimum premium for other premium payment frequencies will be computed as per modal
factors.
The product is available for sale through online mode. All ages mentioned above are age as on last
birthday. Risk cover will commence immediately on the date of commencement of risk of the policy.
For female lives, the age set-back of 3 years will be applicable for calculation of SA Multiple/ Base
Income/ Guaranteed Maturity Benefit, as applicable in the plan variant.
For POS channel under all variants:
• For policy purchased through POS channel no medical underwriting is required
• Maximum Age at entry will be 55 years
• Maximum Maturity Age shall be 65 years
• Maximum Policy Term is 20 years
• Maximum Sum Assured on Death is Rs. 25 lacs
• Riders are not applicable for POS policies
• For policies sold through POS Channel, the eligibility criteria mentioned above will be as per
prevailing IRDAI POS Guidelines, as amended from time to time.
 Combination(s)
You can choose one or more of these variants to design the financial plan of your choice subject to
below conditions:
1. Minimum premium will be `30,000
2. The PPT and PT applicable under each variant in the combination will be same
3. Combination chosen can be either Assured Income or Second Income Variant with Wealth
Creation Variant and/or a combination of the without ROP and with ROP within Second
Income Variant.
4. Assured Income and Second Income Variant cannot be chosen together.

Number of Variants / combinations taken in the policy 1 2

Discount as a % of first year premium of each Variant/combination 0% 2.0%

Surrender Benefit under the plan

We advise you to continue your policy and enjoy the benefits of your policy. However, we understand
that in certain circumstances you may want to surrender your policy
• You can surrender the policy at any time during the policy term after completion of first policy
year provided one full years’ premium has been received.
• The Policy will acquire a Surrender Value (i.e. Special Surrender Value SSV) after completion
of first policy year provided one full’ year premium has been received.
• The Policy will acquire a Guaranteed Surrender Value provided two (2) full years’ premiums
have been paid.
• The Surrender Value payable will be higher of Guaranteed Surrender Value (GSV) or Special
Surrender Value (SSV)
• GSV factors are guaranteed throughout the Policy Term. The SSV factors are not guaranteed
and will be reviewed by the company annually.
• For details on GSV & SSV, kindly refer your policy document
• The GSV and SSV factors are available on the company website
• The Policy will terminate on the date of surrender
 Non Payment of Premium
• If you have not paid first at least 1 full year’s premium, then, your Policy will immediately
and automatically lapse at the expiry of the grace period and no benefit will be payable under
the Policy.
• If you have paid at least 1 full years’ premium, and subsequent premiums have not
been paid (i.e. the policy which acquired a surrender value) the policy shall not lapse by
reason of the non-payment of future premium, instead your Policy will be immediately and
automatically converted to a paid-up policy at the expiry of the grace period and the Paid-up
Sum Assured, the Paid-up Sum Assured on Death, Paid-up Guaranteed Maturity Benefit, Paid-
up Base Income and Paid-up Death Benefit Instalment is obtained by multiplying the Sum
assured, Sum assured on death, Guaranteed Maturity Benefit, Base Income and Death Benefit
Instalment, respectively, by a factor equal to the proportion of the number of premiums paid
to the total number of premiums payable under the policy.
• After the policy becomes paid-up, all future Paid-up Guaranteed Additions and Paid-up
Income Boosters accruals are obtained by multiplying the Guaranteed Addition% and Income
Booster% by paid-up factors.
• Under Wealth Creation Variant, the Paid up maturity benefit shall be Paid-up Guaranteed
Maturity Benefit plus accrued guaranteed additions plus accrued paid-up guaranteed additions.
• Under Second Income / Assured Income variant, the Paid-up Income Instalment is equal to
Paid-up Base Income Plus Accrued Income Boosters Plus Accrued Paid-up Income Boosters.
• The Total Premiums Paid till date of paid-up will be the ROP benefit component under Assured
Income and Second Income variant (if ROP is chosen in the policy).
• The Paid-up benefit structure for each variant will be the same as the in-force benefits
mentioned above. But, the Sum Assured, Sum Assured on Death, Sum Assured on Maturity,
Maturity Benefit, Base Income, Income Instalment and Death Benefit Instalment will be
replaced by the Paid-up Sum Assured, Paid-up Sum Assured on Death, Paid-up Sum Assured
on Maturity, Paid-up Maturity Benefit, Paid-up Base Income, Paid-up Income Instalment and
Paid-up Death Benefit Instalment, respectively.
• You may revive a lapsed policy/paid-up policy subject to the conditions mentioned in Revival
section below.
• Paid-up Guaranteed Death Benefit is 105% of the Total Premiums Paid till date of paid-up.
 Revival of the Plan
You can revive your lapsed or paid-up Policy, subject to the following conditions;
i) The application for revival is made within five (5) years from the due date of the first unpaid
premium, before the Maturity Date.
ii) The arrears of premiums together with interest, at such rate as the company may decide
from time to time along with applicable taxes are paid. The current applicable revival interest
is 10% p.a. compounded half- yearly.
iii) The policyholder furnishes, at his/her own expense, satisfactory evidence of health of the life
assured and continuity of insurability, as applicable.
iv) The Company may revive or refuse to revive the policy, based on the prevailing Board approved
underwriting policy. If the policy is refused, the Company will refund the amount deposited
for the purposes of revival of the policy.
v) On revival, you are entitled to receive all contractual benefits.
Note: The revival interest rate will be benchmarked to the G-Sec based on the information from Financial Benchmark India Private
Ltd (FBIL). It will be equal to [10-year G-Sec yield PLUS 2%] rounded-up to the next full interest rate. The revival interest rate will be
reviewed on an annual basis at the beginning of each financial year. Any change in bases used for determination of applicable interest
rate will be subject to prior approval of IRDAI.

Additional Benefit/ Flexibilities under the Plan

Option to avail Income on date of your choice (under Variants Second Income and Assured Income
Variant)
You have an option to receive the Income Instalment at any special date of the year like birthday,
wedding anniversary or any other date of your choice. The Income Instalment will be payable on
policy anniversary in arrear, i.e., (1) one year after the end of PPT + DP, if this option is not opted.

The Income Instalments will be adjusted or provided in arrears depending upon the date selected
which can be preponed by a maximum of 365 days within the Income Period. If this is opted, the last
regular guaranteed payout will be paid before the maturity date.
The Income Instalment will be discounted to the preponed date of income instalment. The discount
rate applicable shall be equal to 5-year G-Sec Yield p.a. plus a spread of 25 basis points. The interest
rate will be reviewed on an annual basis. Any change in bases used for determination of applicable
interest rate will be subject to prior approval of IRDAI.
Note: The Return of Premium (ROP) will continue to be paid on the original due date.

Option to take Death Benefit Instalments in Lumpsum (under Assured Income variant)
At any time after the start of the Death Benefit Instalment Period, the Policyholder or the nominee,
as applicable will have the option to take the Death Benefit Instalments and ROP on Death as a
lumpsum. The same needs to be intimated to the company.
The nominee will be eligible to receive an amount equal to present value (PV) of the future Death
Benefit Instalments and ROP on Death (as on the date of such request).
In a paid-up policy, paid-up Death Benefit Instalments, paid-up ROP on Death and paid-up Sum
Assured will be used in the calculation.
Note - The interest rate used for calculation will be benchmarked to the G-Sec based on the information from Financial
Benchmark India Private Ltd (FBIL). The interest rate applicable for calculating the installments shall be equal 30-year
G-Sec Yield plus 100 basis points. The interest rate will be reviewed on an annual basis. Any change in bases used for
determination of applicable interest rate will be subject to prior approval of IRDAI.

Option to take Maturity Benefit Instalments in Lumpsum (under Assured Income variant)
At any time, you will have the option to take the Maturity Benefit i.e. Income Instalments and ROP as
a lumpsum. The same needs to be intimated to the company.
You will be eligible to receive an amount equal to present value (PV) of the future Income Instalments
& ROP as on the date of such request.
Note - The interest rate used for calculation will be benchmarked to the G-Sec based on the information from Financial
Benchmark India Private Ltd (FBIL). The interest rate applicable for calculating the installments shall be equal 30-year
G-Sec Yield plus 100 basis points. The interest rate will be reviewed on an annual basis. Any change in bases used for
determination of applicable interest rate will be subject to prior approval of IRDAI.

Option to take the yearly Income Instalments (under Assured Income and Second Income variant)
and Death Benefit Instalments (only in Assured Income Variant) in other instalment frequencies
The default option in the product is yearly Income Instalment/ yearly death benefit instalments. But
the policyholder will have an option to take the same in other-than-yearly instalments. Policyholder/
nominee can take this option at any time before the start of the Income Period or Death Benefit
Instalment Period (as applicable). S/he can choose half-yearly, quarterly or monthly.
If the option is chosen by the policyholder, the instalments will be paid-out:
• Income Instalment: At the end of one (1) half-year, quarter or month (as chosen by the
policyholder) from the start of the Income Period, and at every subsequent half-year, quarter
or month respectively.
• Death Benefit Instalment: As on the date of death, and at every subsequent half-year, quarter
or month respectively.
• The half-yearly, quarterly or monthly instalment will be arrived using the frequency factors
given below.
• The policyholder/nominee will not have the flexibility to change this option subsequently.

Riders:
You can enjoy extra coverage during the policy term by choosing the optional additional rider benefits
at a nominal extra cost. The riders available with all variants under Bajaj Allianz Life Guaranteed
Wealth Goal are:
1. Bajaj Allianz Life Family Protect Rider (UIN: 116A056V01)
2. Bajaj Allianz Accidental Permanent Total/Partial Disability Benefit Rider (UIN:116B036V02)
3. Bajaj Allianz Accidental Death Benefit Rider (UIN: 116B034V02)

Please refer to respective rider sales literature or visit Company website or consult your “Insurance
Consultant” for more details and eligibility conditions.
Alteration of premium paying frequency & income payout frequency
You will have the option to change the premium payment frequency at any policy anniversary.
Premium frequency Yearly Half-yearly Quarterly Monthly
Frequency Factor 1 0.5084 0.2564 0.0859
You also have the option to change the Income Instalment frequency / Death Benefit Instalment
frequency any time before the commencement of the Income Period. This option once opted cannot
be changed subsequently.
Instalments Frequency Factor Yearly Half-yearly Quarterly Monthly
Income Instalment 1 0.4910 0.2430 0.0805
Death Benefit Instalment 1 0.5084 0.2564 0.0859
The half yearly, quarterly and monthly mode will be allowed only under auto-debit process (as per
the approved RBI facilities)
Tax Benefits under the Plan
As per applicable tax laws as amended from time to time. You are requested to consult your tax
consultant and obtain independent advice for eligibility and before claiming any benefit under the
policy.

Policy Loan
Provided the Policy has acquired surrender value, during the policy term, you will have the option
to take policy loan, subject to a maximum limit of 80% of the surrender value available under the
policy.
Loan interest rate applicable for the loan will be as decided by the company from time-to-time. The
rate of interest for loan is 10% p.a. compounding half-yearly.
On death, maturity or surrender, the outstanding policy loan plus interest, as on the date of death/
maturity/ surrender, will be deducted from the death/maturity/surrender value payable. Each
Survival Benefit will be adjusted against any outstanding loan plus interest.
The policy will be foreclosed under the following circumstances:
• For other than in-force or fully paid-up Policy: If, at any time (during the policy term), the
outstanding policy loan and interest exceeds the surrender value, then, the company will
inform the policyholder for payment of interest-due and/or full/part repayment with the
notice period of 30-days and, at the end of notice period, the policy will be foreclosed and any
surrender value will be adjusted towards the outstanding loan plus interest.
• For an in-force or fully paid-up Policy: The Policy shall not be foreclosed on the ground of
outstanding Policy loan amount including interest exceeds Surrender Value.

Under Assured Income Variant:

• At maturity, the policy will be closed by paying the Sum Assured on Maturity LESS the
outstanding policy loan and interest.
• For an outstanding loan on death, the policy will be closed by paying the Sum Assured on
Death minus the outstanding policy loan and interest.

Note: The loan interest rate will be benchmarked to the G-Sec based on the information from Financial Benchmark India
Private Ltd (FBIL). It will be equal to [10-year G-Sec yield PLUS 2%] rounded-up to the next full interest rate. The loan
interest rate will be reviewed on an annual basis as on 1st April every financial year. The revised interest rate shall be
applicable to both existing loans and to new loans offered. Any change in bases used for determination of applicable
interest rate will be subject to prior approval of IRDAI.
 Grace Period
The Grace Period is thirty (30) days for frequencies other than monthly and fifteen (15) days for
monthly frequency during which the Policy is considered to be in-force with the risk cover. On the
occurrence of death during the Grace Period, the Death Benefit will be payable and the due but
unpaid Premium/s up to the date of death will be deducted from the benefit payable.

Free Look Period

You will have a free look period of thirty (30) days beginning from the date of receipt of the Policy
Document, whether received electronically or otherwise, to review the terms and conditions of
the policy. In the event You disagree to any of the policy terms or conditions, or otherwise and
have not made any claim, you shall have the option to return the policy to Us for cancellation,
stating the reasons for the same. Irrespective of the reasons mentioned, you shall be entitled
to a refund of the premium paid subject only to a deduction of a proportionate risk premium for
the period of cover and the expenses, if any, incurred by the insurer on medical examination of
the proposer and stamp duty charges. The request for cancellation of the policy during free look
period shall be processed and the premium shall be refunded within 7 days of receipt of such
request.
Suicide Exclusion
In case of death of a life assured due to suicide within 12 months from the date of commence-
ment of risk or the date of latest revival of the policy, whichever is later, then the nominee or ben-
eficiary of the policyholder shall be entitled to receive, the higher of 80% of the Total Premiums
Paid or the surrender value as on the date of death, provided the policy is in force.
There are no other exclusions other than the suicide clause mentioned above.
Auto Vesting
If the policy has been taken on the life of a minor, on attaining the age of majority i.e. 18 years, the
policy will vest on him/her. Thereafter, the Life Assured shall become the policyholder who will
then be entitled to all the benefits and subject to all liabilities as per the terms and conditions of
the policy.

Mark-ups available in the plan

• High Premium Mark-up will be available if the annual premium under the policy is Rs. 1 lakh or
more
• Enhanced benefits for female lives with a 3-year set-back
• Autopay, Loyalty Benefit (to existing policyholders), Customer Initiated Sales, Staff, Partner
Worksite Marketing, Web (for Online Sales / Web Aggregators), Family Benefit mark-ups will be
 available for our customers, with an additional benefit up to 8% (Under Wealth Creation Variant)
/ 0.958% (Under Assured / Second Income variant)

Statutory Information
Assignment: Section 38 of the Insurance Act, 1938
Assignment should be in accordance with provisions of sec 38 of the Insurance Act 1938 as amended
from time to time.

Nomination: Section 39 of the Insurance Act, 1938

Nomination should be in accordance with provisions of sec 39 of the Insurance Act 1938 as amended
from time to time.

Prohibition of Rebate: Section 41 of the Insurance

Act, 1938 as amended from time to time
No person shall allow or offer to allow, either directly or indirectly, as an inducement to any person to
take out or renew or continue an insurance in respect of any kind of risk relating to lives or property
in India, any rebate of the whole or part of the commission payable or any rebate of the Premium
shown on the Policy, nor shall any person taking out or renewing or continuing a Policy accept any
rebate, except such rebate as may be allowed in accordance with the published prospectuses or
tables of the insurer.
Any person making default in complying with the provision of this section shall be liable for a penalty
that may extend up to ten lakh rupees.

Fraud & Misstatement: Section 45 of the

Insurance Act, 1938
Fraud & Misstatement would be dealt with in accordance with provisions of Sec 45 of the Insurance
Act 1938 as amended from time to time.
 Applicability of Goods & Service Tax
Goods and Service Tax is charged based on type of Policy communication address of Policyholder.
This may change subject to change in rate/state in address of the Policyholder as on date of
adjustment.

Contact Details
Bajaj Allianz Life Insurance Company Limited, Bajaj Allianz House, Airport Road, Yerawada, Pune -
411 006 | IRDAI Reg. No.: 116 | CIN : U66010PN2001PLC015959 | Tel: (020) 6602 6777
CALL 1800 233 7272 (TOLL FREE) OR 020 30587888
email: customercare@bajajallianz.co.in | Visit us at: www.bajajallianzlife.com to purchase online

For More Information: Kindly consult our “Insurance Consultant” or call us today on the TOLL FREE
numbers mentioned above. This brochure should be read in conjunction with the Benefit Illustration
and Policy Documents. Please ask for the same along with the quotation.

The Logo of Bajaj Allianz Life Insurance Co. Ltd. is provided on the basis of license given by Bajaj
Finserv Ltd. to use its “Bajaj” Logo and Allianz SE to use its “Allianz” logo.

Disclaimer
This sales literature gives the salient features of the plan only. The Policy document is the conclusive
evident of contract and provides in details all the conditions & exclusions related to Bajaj Allianz Life
Guaranteed Wealth Goal.

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

Sales: 1800 209 4040 Service: 1800 209 7272 UIN: 116N200V02

Bajaj Allianz Life Guaranteed Wealth Goal Visit us at: www.bajajallianzlife.com to purchase online

Mail us : customercare@bajajallianz.co.in BJAZ-BR-EC-10240/24

 Bajaj Allianz Life Guaranteed Wealth Goal V02
A Non linked Non Participating individual Life Insurance Savings Plan

Name of the Prospect/ Policyholder: Valued Customer Name of the Product: Bajaj Allianz Life Guaranteed
Age: 35 Gender Male Wealth Goal V02
Name of the Life Assured: Valued Customer Tag Line: A Non linked Non Participating individual Life
Insurance Savings Plan
Age: 35 Gender Male
Unique Identification Number: 116N200V02
Premium Payment Term: 10
GST Rate(First Year): 4.50%
Policy Term: 15
GST Rate(2nd Year onwards): 2.25%
Amount of Installment Premium ( Rs.): 2,61,250
Mode of Payment of Premium: Annual

This benefit illustration is intended to show year-wise premiums payable and benefits under the policy.
Policy Details
Variant Wealth Creation Sum Assured on Death (at 27,50,000
inception of the Policy) (Rs.)
Auto Pay No Sum Assured Multiple 11

Premium Summary
Base Plan Riders Total Instalment Premium
Instalment Premium without GST 2,50,000 0 2,50,000
Instalment Premium with First Year GST 2,61,250 0 2,61,250
Instalment Premium with GST 2nd year Onwards 2,55,625 0 2,55,625
(Amount in Rupees )
Benefit Summary
Guaranteed Non-Guaranteed
Accured Guaranteed Special
Policy Annualised Guaranteed Guaranteed Guaranteed Maturity Death Survival Benefit Surrender Value Surrender
Year Premium Addition Addition Maturity Benefit Benefit* Benefit (GSV) (SSV) Value Payable
1 2,50,000 0 0 0 0 27,50,000 0 94,333 94,333
2 2,50,000 40,000 40,000 0 0 27,50,000 1,55,143 2,17,192 2,17,192
3 2,50,000 60,000 1,00,000 0 0 27,50,000 2,78,214 3,77,586 3,77,586
4 2,50,000 80,000 1,80,000 0 0 27,50,000 5,33,429 5,78,163 5,78,163
5 2,50,000 1,00,000 2,80,000 0 0 27,50,000 6,85,000 8,22,152 8,22,152
6 2,50,000 1,20,000 4,00,000 0 0 27,50,000 8,47,143 11,02,585 11,02,585
7 2,50,000 1,40,000 5,40,000 0 0 27,50,000 10,21,572 14,57,930 14,57,930
8 2,50,000 1,60,000 7,00,000 0 0 27,50,000 13,30,000 18,65,330 18,65,330
9 2,50,000 1,80,000 8,80,000 0 0 27,50,000 16,61,642 23,23,822 23,23,822
10 2,50,000 2,00,000 10,80,000 0 0 30,33,532 20,60,714 30,33,533 30,33,533
11 0 2,00,000 12,80,000 0 0 32,63,094 23,18,714 32,63,094 32,63,094
12 0 2,00,000 14,80,000 0 0 35,11,477 25,88,143 35,11,478 35,11,478
13 0 2,00,000 16,80,000 0 0 37,80,562 28,44,000 37,80,562 37,80,562
14 0 2,00,000 18,80,000 0 0 40,72,449 31,36,287 40,72,449 40,72,449
15 0 2,00,000 20,80,000 23,09,500 43,89,500 43,89,500 0 0 0
The above information must be read in conjunction with Sales Literature & Policy document.
Tax benefits under the policy will be as per the prevailing Income Tax laws. We recommend that you seek professional advice for applicability of tax benefit on premiums
paid and benefits received
In case of any conflict between this benefit illustration and your policy document, the latter shall prevail
For any further clarification, contact our sales representative or e-mail us on customercare@bajajallianz.co.in
*Maturity Benefit / Regular Guaranteed Payouts shown above is including auto-pay mark-up, the mark-up will be not available/withdrawn in the event of the Company
receiving any Premium other than through auto-pay. These amounts may accordingly vary.
Kindly note while understanding the Benefit Summary section:

O.X.X.X.X.X
Quotation No : 70007056402

1. Annualized Premium shall be the premium amount payable in the policy excluding the taxes, rider premiums, underwri ng extra premiums and loadings for modal
premiums, if any.
2. The Early Guaranteed Payouts as illustrated in the guaranteed Survival benefit column will be paid at the start of the policy year depending upon the Income start
year/ accumulation of these payouts opted in the policy.
3.The Regular Guaranteed Payouts as illustrated in the guaranteed Maturity benefit column will be paid at the start of the policy year depending upon the deferment
period opted in the policy
4. The Enhanced Return of Premium as illustrated in the guaranteed Maturity benefit column will be paid at the end of the last policy year depending upon the Income
period opted in the policy
5. The Death Benefit, Surrender Value illustrated the respec ve columns will be paid at the end of the policy year. The policy will terminate on payment of death benefit/
surrender value
6. In case of accumula on of survival benefits is opted for, the accumulated amount illustrated under non-guaranteed sec on is shown at end of the policy year. This
accumulated amount will be the sum of accumulated Early Guaranteed Payouts and year on year interest on it.
7. If Premium offset is opted, then the Early Guaranteed Payouts will be adjusted against the premium due to be paid.
8. The policy will acquire a Surrender Value (i.e. Special Surrender Value SSV) a er comple on of first policy year provided one full year premium has
been received. The policy will acquire a Guaranteed Surrender Value provided two (2) full years’ premiums have been paid. The surrender value payable
will be the higher of the guaranteed surrender value (GSV) or the special surrender value (SSV) GSV factors are guaranteed throughout the Policy Term.
The Special Surrender Value (SSV) displayed above are not guaranteed and only indica ve. The Company shall comply with prevailing guidelines w.r.t SSV
issued by IRDAI from time to time.

I, , have explained the premiums, charges and benefits under the policy I, Valued Customer (name), having received the informa on with respect
fully to the prospect/policyholder. to the above, have understood the above statement before entering into
the contract.

Place:
Date: Signature of Agent/ Intermediary/ Official Date: Signature of Prospect / Policyholder

Bajaj Allianz Life Insurance Co. Ltd.

Bajaj Allianz House, Airport Road, Yerawada, Pune - 411006. Reg No.: 116.
Tel: (020) 66026777.
Email: customercare@bajajallianz.co.in
www.bajajallianzlife.com

O.X.X.X.X.X
 Bajaj Allianz Life Guaranteed Wealth Goal V02
A Non linked Non Participating individual Life Insurance Savings Plan

Name of the Prospect/ Policyholder: Valued Customer Name of the Product: Bajaj Allianz Life Guaranteed Wealth
Age: 30 Gender Transgender Goal V02
Name of the Life Assured: Valued Customer Tag Line: A Non linked Non Participating individual Life
Insurance Savings Plan
Age: 4 Gender Male
Unique Identification Number: 116N200V02
Premium Payment Term: 10
GST Rate(First Year): 4.50%
Deferment Period: 5
GST Rate(2nd Year onwards): 2.25%
Policy Term: 15
Amount of Installment Premium ( Rs.): 1,04,500
Mode of Payment of Premium: Annual

This benefit illustration is intended to show year-wise premiums payable and benefits under the policy.
Policy Details
Variant Assured Income Instalment Income#^ (Rs.) 1,21,132
Income Period 30 Total Income during the year 1,21,132

Income Payout Frequency Yearly Sum Assured on Death (at inception 12,62,260
of the policy)* (Rs.)
Choice of Income Payout date No Auto Pay No

*Under Assured Income variant: The Death benefit will be paid as a regular income of Rs.97,600 p.a. starting immediately for the chosen income period of 30 years along
with a lump sum amount equal to Rs.10,00,000, payable at the end of the income period.The total death benefit payable in instalments (i.e. sum of regular income
instalments and lumpsum amount) is equal to Rs. 39,28,000.
The Sum Assured on Death / Death Benefit, mentioned is the present value of all outstanding future death income payouts including sum of all premiums payable,
exercised at the time of death intimation.The interest rate applicable for calculating this shall be 8.25% p.a.
Premium Summary
Base Plan Riders Total Instalment Premium
Instalment Premium without GST 1,00,000 0 1,00,000
Instalment Premium with First Year GST 1,04,500 0 1,04,500
Instalment Premium with GST 2nd year Onwards 1,02,250 0 1,02,250
(Amount in Rupees )
Benefit Summary
Guaranteed Non-Guaranteed
Accured
Policy Annualised Income Income Total Accured Base Maturity Death Guaranteed Survival Special Surrender Surrender
Year Premium Booster Booster Income Booster(A) Income(B) Benefit(A+B)#^ Benefit Benefit (GSV) Value (SSV) Value Payable
1 1,00,000 0 0 0 0 0 12,62,260 0 14,842 14,842
2 1,00,000 1,936 1,936 0 0 0 12,62,260 60,259 59,766 60,259
3 1,00,000 2,904 4,840 0 0 0 12,62,260 1,05,721 1,16,914 1,16,914
4 1,00,000 3,872 8,712 0 0 0 12,62,260 2,01,444 1,91,999 2,01,444
5 1,00,000 4,840 13,552 0 0 0 12,62,260 2,52,500 2,85,270 2,85,270
6 1,00,000 5,808 19,360 0 0 0 12,62,260 3,03,975 3,96,520 3,96,520
7 1,00,000 6,776 26,136 0 0 0 12,62,260 3,55,976 5,24,974 5,24,974
8 1,00,000 7,744 33,880 0 0 0 12,62,260 4,56,629 6,69,136 6,69,136
9 1,00,000 8,712 42,592 0 0 0 12,62,260 5,61,088 8,26,622 8,26,622
10 1,00,000 9,680 52,272 0 0 0 12,62,260 6,86,539 9,93,952 9,93,952
11 0 9,680 61,952 0 0 0 12,62,260 7,51,865 10,67,339 10,67,339
12 0 9,680 71,632 0 0 0 12,62,260 8,18,216 11,46,523 11,46,523
13 0 9,680 81,312 0 0 0 12,62,260 8,75,771 12,32,066 12,32,066
14 0 9,680 90,992 0 0 0 12,62,260 9,44,737 13,24,604 13,24,604
15 0 9,680 1,00,672 0 0 0 12,62,260 9,55,356 14,24,850 14,24,850
16 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
17 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
18 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
19 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
20 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
21 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
22 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
23 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
24 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
25 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0

O.X.X.X.X.X
Quotation No : 70007056573

Benefit Summary
Guaranteed Non-Guaranteed
Accured
Policy Annualised Income Income Total Accured Base Maturity Death Guaranteed Survival Special Surrender Surrender
Year Premium Booster Booster Income Booster(A) Income(B) Benefit(A+B)#^ Benefit Benefit (GSV) Value (SSV) Value Payable
26 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
27 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
28 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
29 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
30 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
31 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
32 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
33 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
34 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
35 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
36 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
37 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
38 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
39 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
40 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
41 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
42 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
43 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
44 0 0 0 1,00,672 20,460 1,21,132 0 0 0 0
45 0 0 0 1,00,672 20,460 11,21,132 0 0 0 0
#Instalment Income /Maturity Benefit shown above is including auto-pay mark-up, the mark-up will be not available/withdrawn in the event of the Company receiving any
Premium other than through auto-pay. These amounts may accordingly vary.
^The Income Instalment / Maturity Benefit payable will be the sum of Accrued Income Booster and Base Income. Income Booster will accrue at the end of each Policy Year
starting from the end of 2nd policy year till the end of the Deferment Period, provided the policy is in-force and all premiums have been paid.
Notes:
1. The main objec ve of this benefit illustra on is that the policyholder is able to understand the features of the product and the nature of benefits under different
circumstances like survival, maturity, death, & surrender.
2. The above information must be read in conjunction with Sales Literature & Policy document.
3. Annualized Premium shall be the premium amount payable in a year by the policyholder excluding the taxes, rider premiums, underwri ng extra premiums and loadings
for modal premiums, if any.
4. The policy will acquire a Surrender Value (i.e. Special Surrender Value SSV) after completion of first policy year provided one full year premium has been received.
The policy will acquire a Guaranteed Surrender Value provided two (2) full years’ premiums have been paid.The surrender value payable will be the higher of the
guaranteed surrender value (GSV) or the special surrender value (SSV)
5. The Death benefit, Maturity Benefit, Surrender benefit as shown in Benefit Summary are payable assuming Maturity/ Death / Surrender occur at the end of the year.
6. Under Assured Income variant: If you choose to take the Maturity Benefit in a lumpsum, your total returns will be affected. Please check the impact of the same at the
time of exercising this option.
7. In case of any conflict between this benefit illustration and your policy document, the latter shall prevail.
8. Tax benefits under the policy will be as per the prevailing Income Tax laws. We recommend that you seek professional advice for applicability of tax benefit on premiums
paid and benefits received.
9.The policy will acquire a Surrender Value (i.e. Special Surrender Value SSV) a er comple on of first policy year provided one full year premium has been received. The
policy will acquire a Guaranteed Surrender Value provided two (2) full years’ premiums have been paid. The surrender value payable will be the higher of the guaranteed
surrender value (GSV) or the special surrender value (SSV) GSV factors are guaranteed throughout the Policy Term. The Special Surrender Value (SSV) displayed above are
not guaranteed and only indicative. The Company shall comply with prevailing guidelines w.r.t SSV issued by IRDAI from time to time.
10. For any further clarification, contact our sales representative or e-mail us on customercare@bajajallianz.co.in

I, , have explained the premiums, charges and benefits under the policy fully to I, Valued Customer (name), having received the informa on with respect to the
the prospect/policyholder. above, have understood the above statement before entering into the contract.

Place:
Date: Signature of Agent/ Intermediary/ Official Date: Signature of Prospect / Policyholder

Bajaj Allianz Life Insurance Co. Ltd.

Bajaj Allianz House, Airport Road, Yerawada, Pune - 411006. Reg No.: 116.
Tel: (020) 66026777.
Email: customercare@bajajallianz.co.in
www.bajajallianzlife.com

O.X.X.X.X.X
 Bajaj Allianz Life Guaranteed Wealth Goal V02
A Non linked Non Participating individual Life Insurance Savings Plan

Name of the Prospect/ Policyholder: Valued Customer Name of the Product: Bajaj Allianz Life
Age: 30 Gender Transgender Guaranteed Wealth Goal V02
Name of the Life Assured: Valued Customer Tag Line: A Non linked Non Participating individual
Life Insurance Savings Plan
Age: 4 Gender Male
Unique Identification Number: 116N200V02
Premium Payment Term: 10
GST Rate(First Year): 4.50%
Deferment Period: 5
GST Rate(2nd Year onwards): 2.25%
Policy Term: 45
Amount of Installment Premium ( 1,04,500
Rs.):
Mode of Payment of Premium: Annual

This benefit illustration is intended to show year-wise premiums payable and benefits under the policy.
Policy Details
Variant Second Income Instalment Income#^ (Rs.) 1,25,792
Income Period 30 Total Income during the year 1,25,792

Income Payout Frequency Yearly Sum Assured on Death (at 15,10,000

inception of the policy)* (Rs.)
Choice of Income Payout date No Auto Pay No
Death benefit multiple OPTION 1-15.1

Premium Summary
Base Plan Riders Total Instalment Premium
Instalment Premium without GST 1,00,000 0 1,00,000
Instalment Premium with First Year GST 1,04,500 0 1,04,500
Instalment Premium with GST 2nd year 1,02,250 0 1,02,250
Onwards
(Amount in Rupees )
Benefit Summary
Guaranteed Non-Guaranteed
Policy Annualised Income Accured Total Accured Base Survival Maturity Death Guaranteed Special Surrender
Year Premium Booster Income Income Income Benefit*^(A+B) Benefit Benefit Surrender Value Surrender Value
Booster Booster(A) (B) (GSV) Value (SSV) Payable
1 1,00,000 0 0 0 0 0 0 15,10,000 0 27,634 27,634
2 1,00,000 1,816 1,816 0 0 0 0 15,10,000 61,682 72,036 72,036
3 1,00,000 2,724 4,540 0 0 0 0 15,10,000 1,09,677 1,28,195 1,28,195
4 1,00,000 3,632 8,172 0 0 0 0 15,10,000 2,09,368 1,99,964 2,09,368
5 1,00,000 4,540 12,712 0 0 0 0 15,10,000 2,66,216 2,88,484 2,88,484
6 1,00,000 5,448 18,160 0 0 0 0 15,10,000 3,25,788 3,90,265 3,90,265
7 1,00,000 6,356 24,516 0 0 0 0 15,10,000 3,88,764 5,22,208 5,22,208
8 1,00,000 7,264 31,780 0 0 0 0 15,10,000 4,63,973 6,73,569 6,73,569
9 1,00,000 8,172 39,952 0 0 0 0 15,10,000 5,46,411 8,43,389 8,43,389
10 1,00,000 9,080 49,032 0 0 0 0 15,10,000 6,37,284 11,21,101 11,21,101
11 0 9,080 58,112 0 0 0 0 15,10,000 6,81,831 12,03,438 12,03,438
12 0 9,080 67,192 0 0 0 0 15,10,000 7,33,031 12,92,225 12,92,225
13 0 9,080 76,272 0 0 0 0 15,10,000 7,92,036 13,88,084 13,88,084
14 0 9,080 85,352 0 0 0 0 15,10,000 8,70,192 14,91,717 14,91,717

O.X.X.X.X.X
Quotation No : 70007056878

Benefit Summary
Guaranteed Non-Guaranteed
Policy Annualised Income Accured Total Accured Base Survival Maturity Death Guaranteed Special Surrender
Year Premium Booster Income Income Income Benefit*^(A+B) Benefit Benefit Surrender Value Surrender Value
Booster Booster(A) (B) (GSV) Value (SSV) Payable
15 0 9,080 94,432 0 0 0 0 16,03,917 9,49,079 16,03,917 16,03,917
16 0 0 0 94,432 31,360 1,25,792 0 17,25,568 6,00,000 17,25,568 17,25,568
17 0 0 0 94,432 31,360 1,25,792 0 17,21,204 4,84,208 17,21,204 17,21,204
18 0 0 0 94,432 31,360 1,25,792 0 17,16,592 3,68,416 17,16,592 17,16,592
19 0 0 0 94,432 31,360 1,25,792 0 17,11,708 2,52,624 17,11,708 17,11,708
20 0 0 0 94,432 31,360 1,25,792 0 17,06,518 1,36,832 17,06,518 17,06,518
21 0 0 0 94,432 31,360 1,25,792 0 17,00,996 21,040 17,00,996 17,00,996
22 0 0 0 94,432 31,360 1,25,792 0 16,95,283 0 16,95,283 16,95,283
23 0 0 0 94,432 31,360 1,25,792 0 16,89,188 0 16,89,188 16,89,188
24 0 0 0 94,432 31,360 1,25,792 0 16,82,672 0 16,82,672 16,82,672
25 0 0 0 94,432 31,360 1,25,792 0 16,75,691 0 16,75,691 16,75,691
26 0 0 0 94,432 31,360 1,25,792 0 16,68,200 0 16,68,200 16,68,200
27 0 0 0 94,432 31,360 1,25,792 0 16,60,144 0 16,60,144 16,60,144
28 0 0 0 94,432 31,360 1,25,792 0 16,51,459 0 16,51,459 16,51,459
29 0 0 0 94,432 31,360 1,25,792 0 16,42,066 0 16,42,066 16,42,066
30 0 0 0 94,432 31,360 1,25,792 0 16,31,871 0 16,31,871 16,31,871
31 0 0 0 94,432 31,360 1,25,792 0 16,20,760 0 16,20,760 16,20,760
32 0 0 0 94,432 31,360 1,25,792 0 16,08,590 0 16,08,590 16,08,590
33 0 0 0 94,432 31,360 1,25,792 0 15,95,179 0 15,95,179 15,95,179
34 0 0 0 94,432 31,360 1,25,792 0 15,80,309 0 15,80,309 15,80,309
35 0 0 0 94,432 31,360 1,25,792 0 15,63,692 0 15,63,692 15,63,692
36 0 0 0 94,432 31,360 1,25,792 0 15,44,970 0 15,44,970 15,44,970
37 0 0 0 94,432 31,360 1,25,792 0 15,23,682 0 15,23,682 15,23,682
38 0 0 0 94,432 31,360 1,25,792 0 15,10,000 0 14,99,227 14,99,227
39 0 0 0 94,432 31,360 1,25,792 0 15,10,000 0 14,70,825 14,70,825
40 0 0 0 94,432 31,360 1,25,792 0 15,10,000 0 14,37,443 14,37,443
41 0 0 0 94,432 31,360 1,25,792 0 15,10,000 0 13,97,707 13,97,707
42 0 0 0 94,432 31,360 1,25,792 0 15,10,000 0 13,49,755 13,49,755
43 0 0 0 94,432 31,360 1,25,792 0 15,10,000 0 12,91,046 12,91,046
44 0 0 0 94,432 31,360 1,25,792 0 15,10,000 0 12,18,048 12,18,048
45 0 0 0 94,432 31,360 1,25,792 10,00,000 15,10,000 0 0 0
#Instalment Income /Maturity Benefit shown above is including auto-pay mark-up, the mark-up will be not available/withdrawn in the event
of the Company receiving any Premium other than through auto-pay. These amounts may accordingly vary.
^The Income Instalment / Maturity Benefit payable will be the sum of Accrued Income Booster and Base Income. Income Booster will accrue at
the end of each Policy Year star ng from the end of 2nd policy year ll the end of the Deferment Period, provided the policy is in-force and all
premiums have been paid.
Notes:
1. The main objec ve of this benefit illustra on is that the policyholder is able to understand the features of the product and the nature of
benefits under different circumstances like survival, maturity, death, & surrender.
2. The above information must be read in conjunction with Sales Literature & Policy document.
3. Annualized Premium shall be the premium amount payable in a year by the policyholder excluding the taxes, rider premiums, underwri ng
extra premiums and loadings for modal premiums, if any.
4. The policy will acquire a Surrender Value (i.e. Special Surrender Value SSV) a er comple on of first policy year provided one full year
premium has been received.
The policy will acquire a Guaranteed Surrender Value provided two (2) full years’ premiums have been paid.The surrender value payable will
be the higher of the guaranteed surrender value (GSV) or the special surrender value (SSV)
5. The Death benefit, Maturity Benefit, Surrender benefit as shown in Benefit Summary are payable assuming Maturity/ Death / Surrender
occur at the end of the year.
6. Under Assured Income variant: If you choose to take the Maturity Benefit in a lumpsum, your total returns will be affected. Please check the
impact of the same at the time of exercising this option.
7. In case of any conflict between this benefit illustration and your policy document, the latter shall prevail.
8. Tax benefits under the policy will be as per the prevailing Income Tax laws. We recommend that you seek professional advice for
applicability of tax benefit on premiums paid and benefits received.

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Quotation No : 70007056878

9. The policy will a cquire a Surrender Va lue (i.e. Specia l Surrender Va lue SSV) a er comple on of firs t policy yea r provided one full yea r premium ha s been
received. The policy will a cquire a Gua ra nteed Surrender Va lue provided two (2) full yea rs ’ premiums ha ve been pa id. The s urrender va lue pa ya ble will be the
higher of the gua ra nteed s urrender va lue (GSV) or the s pecia l s urrender va lue (SSV) GSV fa ctors a re gua ra nteed throughout the Policy Term. The Specia l Surrender
Va lue (SSV) dis pla yed a bove a re not gua ra nteed a nd only indica ve. The Compa ny s ha ll comply with preva iling guidelines w.r.t SSV is s ued by IRDAI from me to
time.

10. For any further clarification, contact our sales representative or e-mail us on customercare@bajajallianz.co.in

I, , have explained the premiums, charges and benefits under the I, Valued Customer (name), having received the informa on with
policy fully to the prospect/policyholder. respect to the above, have understood the above statement before
entering into the contract.

Place:
Date: Signature of Agent/ Intermediary/ Official Date: Signature of Prospect / Policyholder

Bajaj Allianz Life Insurance Co. Ltd.

Bajaj Allianz House, Airport Road, Yerawada, Pune - 411006. Reg No.: 116.
Tel: (020) 66026777.
Email: customercare@bajajallianz.co.in
www.bajajallianzlife.com

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