Bajaj Life ACE - Eligibility

Plan Benefits	Premium Payment Term in years (PPT)	Income Period (IP)	Deferment Period (DP)	Policy Term (PT)	Min/ Max.	Min/ Max.
					Age at Entry	Age at Maturity
Early Income	5, 6, 7, 8, 9, 10, 12	IP = PT minus DP	0 to 5 years	Limited Term: 10 to 45 years Whole Life: Upto Age 85 or 100	With Goal Protection Benefit: 18 to 55 years Without GPB: 0 to 60 years	With Goal Protection Benefit: Upto Age 85 years Without GPB: Upto age 100 years
Deferred Income		Limited Term: 10, 15, 20, 25, 30 years Whole Life: till Age 85, till Age 100	Limited Term: 15 to 45 years Whole Life: Upto Age 85 or 100
Increasing Income
Wealth		NA	NA	Limited Term: 10 to 45 years Whole Life: Upto Age 85 or 100

Notes:

All ages mentioned above are age as on last birthday.

Risk cover (including for minor lives) will commence immediately on the date of commencement of risk in the policy. In the case of a minor life, the policy will vest on the life assured on the earlier of attainment of age 18 years’ age or maturity date.

For female lives, 2% markup will be available on Benefit Sum Assured.

Income Period will commence after the end of Deferment Period.

Minimum premium: Rs. 25,000 p.a.

Maximum premium: No limit (subject to Board approved underwriting policy)

Minimum & maximum Sum Assured: 11 times of Annualised premium¹

Benefit Sum Assured (BSA) is derived basis Age, Product option, GPB, DP, PT, PPT, Income period and premium chosen by the Policyholder

Benefits will vary depending upon options chosen

Bajaj Life ACE - Eligibility

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Bajaj Life ACE - Eligibility

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