Bajaj Allianz Life Capital Goal Suraksha

Bajaj Allianz Life Capital Goal is a combination of two individual products named (1) Bajaj Allianz Life Goal Assure IV - A Unit- Linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L204VO1). (2) Bajaj Allianz Life POS Goal Suraksha - A Non-Linked, Non-Participating, Individual, Life Insurance Savings Plan (UIN: 116N155V13). These products are also available for sale individually without the combination offered/suggested. The customer is advised to refer to the detailed sales brochure of the respective individual products mentioned herein before concluding the sale. While the guaranteed return insurance part helps you secure your savings, the ULIP part of the plan helps you get market-linked returns. That means insurance coverage and market-linked growth give you the dual benefit of financial security and growth.

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*In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed.

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  • 4.8~ Rated
  • 7.7 Crore Registered Consumer
  • 50 Partners Insurance Partners
  • 4.2 Crore Policies Sold

Plans With Life Cover

  • Plan starting from ₹1,000/month
  • Save upto ₹46,800 in Tax under section 80C^
  • Zero LTCG Tax
  • In built life cover
Plans With Life Cover
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7.7 Crore
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Policies Sold
Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds.

What is Bajaj Allianz* Life Capital Goal Suraksha? 

Bajaj Allianz Life Capital Goal Suraksha is a combined plan that brings together the features of a Unit-Linked Insurance Plan (ULIP) and guaranteed return insurance plan. This combined approach aims to provide both market-linked returns and guaranteed benefits, offering a comprehensive approach to life goals.

Features of Bajaj Allianz Life Capital Goal Suraksha

Below are the features of Bajaj Allianz Life Capital Goal Suraksha plan: 

  • Flexibility and Choice: The plan offers a range of investment options through the ULIP component and guaranteed returns through the non-linked component.

  • Life Cover: Both components provide a life insurance cover throughout the policy term to protect loved ones.

  • Goal-Oriented: The plan is designed to help achieve life goals by providing opportunities for wealth creation and financial security.

  • Loyalty and Other Additions: The ULIP component offers loyalty additions, fund boosters, and return of mortality charges. The guaranteed return insurance component offers guaranteed additions at maturity.

  • Settlement Option: Both components provide the option to take death benefits or maturity benefits in installments.

  • Premium Flexibility: The plan allows options to reduce premiums and change payment terms.

  • Multiple Fund Choices: The ULIP component offers various investment portfolio strategies and multiple funds to choose from.

  • Tax Benefits: Premiums paid, maturity benefits, death benefits, and surrender values are eligible for tax benefits as per the existing Income Tax Act.

Benefits of Bajaj Allianz Life Capital Goal Suraksha

Below are the benefits of Bajaj Allianz Life Capital Goal Suraksha: 

Benefit Bajaj Allianz Life Goal Assure IV Bajaj Allianz Life POS Goal Suraksha
Maturity Benefit Maturity fund value includes a Fund Booster (2% of average daily Regular Premium Fund Values from the previous 3 years for policies 10+ years), Return of Mortality Charge (ROMC), Loyalty Additions, and Family Benefit (optional). The Guaranteed Sum Assured on Maturity plus Guaranteed Additions, if all premiums are paid, at the end of the policy term. The Guaranteed Sum Assured on Maturity is 110% of the premium payment term multiplied by the annualized premium.



Guaranteed Additions Not applicable. A multiple of one Annualized Premium, which is paid at maturity if all due premiums have been paid. Guaranteed additions are not paid for lapsed or paid-up policies.
Death Benefit The death benefit is the higher of the sum assured or premium fund value, plus any top-up benefits, and subject to a minimum of 105% of total premiums paid. This may be reduced by recent partial withdrawals. Sum Assured on Death is higher of a multiple of annualized premium or Sum Assured. If death occurs within 90 days and is not accidental, 100% of premiums are paid. Death benefit is always at least 105% of total premiums paid.
Fund Booster A bonus of 2% of the average daily Regular Premium Fund Values over the last 3 years, added at the end of 10+ year policies. Not applicable.
Loyalty Additions Bonus added to Regular Premium Fund Value every 5 years in the first 20 years, if all premiums are paid. Not applicable.
Return of Mortality Charges (ROMC) Return of Mortality Charge (ROMC), added to the Regular and Top-Up Premium Fund Values at the end of the policy term, includes total mortality charges deducted (excluding extra charges and GST) and is not applicable for surrendered, discontinued or paid-up policies. Not applicable.
Surrender Value Policy surrender during the lock-in period incurs a Discontinuance/Surrender charge and transfer to the Discontinued Life Policy Fund. After the lock-in period, the Surrender Value is simply the total fund value. The policy can be surrendered after one year, provided a full year's premium is paid. The surrender value is the higher of the Guaranteed Surrender Value (GSV) or the Special Surrender Value (SSV).

Eligibility, Premium, and Policy Terms of Bajaj Allianz Capital Goal Suraksha

Feature Bajaj Allianz Capital Goal Suraksha
Minimum Entry Age 0 years
Maximum Entry Age 55 years
Minimum Age at Maturity 18 years
Maximum Age at Maturity 65 years
Premium Payment Term (PPT) 5, 6, 7, 8, 10 or 12 years
Policy Term (PT) 10, 12, 15, or 20 years
Minimum Premium Varies by premium payment frequency
Maximum Premium Not specified

What are the Documents required to buy Bajaj Allianz Capital Goal Suraksha?

To buy Bajaj Allianz Capital Goal Suraksha policy, the following is the list of documents one would need:

  • Proof of Identity, such as Aadhaar card, Passport, Voter's ID, Driving license, PAN card

  • Proof of Age, such as Birth certificate, 10th or 12th mark sheet, Passport, Aadhaar card, Voter's ID, Driving license and PAN card.

  • Proof of Address, such as Electricity bill, Telephone bill, Ration card, Passport, AADHAAR card, Driving license, Voter's ID

  • Passport size photos

How to Buy Bajaj Allianz Life Capital Goal Suraksha from Policybazaar?

Below are the steps to buy Bajaj Allianz Life Capital Goal Suraksha from Policybazaar: 

Step-1: On the Current Page

Locate the lead form on the top right side of the page. 

Step-2: Enter Details 

For a free quote, enter your name and mobile number in the form below.

Step-3: Compare Plans

Review and compare plans.

Step-4: Select Plans

Choose a plan & click 'Buy Now or 'Proceed'.

Step-5: Fill Form & Choose Funds

Complete the form with personal details and select funds.

Step-6: Make Payment & Confirm 

Pay via card, net banking, etc., and receive the policy

* Bajaj Allianz Life Insurance Co. Ltd is only the name of the Life Insurance Company and Bajaj Allianz Life Goal Assure IV and Bajaj Allianz Life POS Goal Suraksha are only the name of insurance product and does not in any way indicate the quality of the contract, its future prospects or returns.The Returns in ULIP plans are subject to market risk and are not guaranteed. The investment risk in the policy is borne by the policyholder. The actual returns can vary depending on the performance of the chosen fund, charges towards mortality, allocation, policy admin, cost of riders, etc. The Unit Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender or withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year. Linked insurance products/ annuity products with variable annuity pay-out option are different from the traditional insurance products and are subject to the risk factors. The premium paid in linked insurance policies or the annuity offered under the annuity policies with variable annuity pay-out option are subject to investment risks associated with capital markets and publicly available index. The annuity amount/NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market/publicly available index and the insured is responsible for his/her decisions. Please know the associated risks and the applicable charges, from us or policy document issued by the insurance company. The various funds offered under the Linked insurance products and annuity products with variable annuity pay-out option are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns. The risk factors of the bonuses projected under the product are not guaranteed, past performance doesn't construe any indication of future bonuses and these products are subject to the overall performance of the insurer in terms of investments, management of expenses, mortality and lapses. Riders are not mandatory and are available for a nominal extra cost. Linked insurance products is different from the traditional insurance products and are subject to the risk factors. The 4% and 8% illustration is neither the minimum or maximum limit that you may get as a policyholder.
#The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance.
#The maturity amount of Rs 50 Lakhs. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 4% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance.
Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Please note that the quotes shown will be from our partners
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
For more details on risk factors, terms, and conditions, please read the sales brochure and benefit illustration carefully before concluding a sale. Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 | Registration No. 742, Valid till 09/06/2027, License category- Composite Broker

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