Bajaj Allianz Life Smart Protect Goal
Bajaj Allianz Life Smart Protect Gold Plan is a type of term insurance plan offered by Bajaj Allianz. This term insurance plan provides whole life coverage (99 years) to the life assured.
This term insurance plan provides death benefit to the nominee in case of accidental death of the life assured. This term plan also gives you the option of getting back the premiums paid as maturity benefit.
Features And Benefits Of Bajaj Allianz Smart Protect Goal
Following are the features and benefits of Bajaj Allianz Smart Protect Goal:
- Whole Life Cover:
This term insurance plan offers insurance coverage for the entire life of the life assured. Through this term insurance plan, the insured can get coverage of term insurance till the age of 99 years.
- Death Benefit:
In this term insurance, on the death of the life assured during the policy term, a minimum sum assured of Rs. 50 lakh is provided as death benefit to the nominee by the life assured. Through this sum assured, the family members of the individual can meet their financial needs.
- Maturity Benefit:
Generally, in a term insurance plan, you are not provided with any kind of benefit on the completion of the policy term. But in this term insurance plan, you also get the option of return of premium (Term Plan with Return of Premium) . In this, all the premiums paid by you are returned to you at the end of the policy term.
- Low Premium:
In this term insurance plan, you get a chance to avail a term plan at a very low premium. Even if your budget is tight, you can buy this plan.
- Riders:
In this term insurance plan, you get the option of adding different types of riders to enhance your time coverage. You can enhance your coverage by adding these riders to your term insurance plan on payment of additional premium.
You can add the following riders to your plan-
- Accidental Death Benefit (ADB)
- Accidental Total Permanent Disability Benefit (ATPDB)
- Critical Illness Benefit (CIB)
- Waiver of Premium Benefit (WOPB)
- Premium Payment Option:
You get multiple premium payment options in this term insurance plan. In this, you get the option of single premium payment, limited premium payment and regular premium payment.
- Single,
- Limited or
- Regular Premium
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Bajaj Allianz Smart Protect Goal Eligibility
Eligibility for Bajaj Allianz Smart Protect Goal Plan is as follows-
| Entry Age | Minimum age is 18 years Maximum age is 65 years |
| Maturity Age | Maximum age at maturity With ROP – 75 years Without ROP – 85 years Whole Life – 99 years |
| Sum Assured | Minimum Sum Assured- 50,00,000 Maximum Sum Assured- As per Board Approved Underwriting Guidelines For POS channel – the Sum Assured shall be in multiple of Rs. 50,000 |
Documents Required For Bajaj Allianz Smart Protect Goal
The following are the documents required for Bajaj Allianz Smart Protect Goal :
- ID proof
- age proof
- Address proof
- Income ratio
- latest picture
- Income ratio
Bajaj Allianz Smart Protect Goal Premium
In Bajaj Allianz Life Smart Protect Goal, you get multiple premium payment options. You get the option of paying single premium payment, limited premium payment and regular premium payment.
- Single
- Limited or
- Regular Premium
How To Buy Bajaj Allianz Smart Protect Goal?
If you want to buy Bajaj Allianz Life Smart Protect Goal plan, then you can buy it through online medium from the official website of Bajaj Allianz.
For this, you have to go to the official website of Bajaj Allianz and go to the insurance section and click on term insurance plans. There you will see Bajaj Allianz Life Smart Protect Goal Plan, on which you can buy this term insurance plan by clicking on it.