Bajaj Life Assured Wealth Goal Platinum - Policy Documents & KYC

Eligibility

Plan Option		Smart Income*			Regular Income
Premium Payment Term (PPT) (in years)		5 / 6	7	8 / 10 / 12	5 / 6 / 7 / 8 / 10 / 12
Deferment Period (in years)		Not applicable			PT minus PPT
Policy Term (PT) (in years)	Regular Pay	Equal to PPT			5 to 17
	Limited Pay	NA	10	15
Income Period (in years)		15 / 20 / 25 / 30			5 / 7 / 10 / 12 / 15	20 / 25 / 30
Enhanced ROP⁴		Yes			No	Yes
		Minimum	Maximum		Minimum	Maximum
Age at Entry (years)		6	Regular Pay - 60		1	60
			Limited Pay - 55
Age at Maturity (years)		18	72		18	77
Annualized Premium³ (₹)		Rs.30,000	No limit, subject to Board Approved Underwriting Policy		Rs.30,000	No limit, subject to Board Approved Underwriting Policy

*Under Smart Income, Income Period 15 and Limited premium payment option is only available with Early Guaranteed1 Payouts (EGP) Start Year 1.

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 and, in the case of a minor life, policy will vest on the life assured on the earlier of attainment of majority (i.e., 18 years’ age last birthday) or on maturity date. The product is available for sale through online mode for female lives, the age set-back of 3 years will be applicable for calculation of SA Multiple and Maturity Benefit/ Income payouts. Income Period will commence after the end of Deferment Period. The deferment period will be PT minus PPT (in years) Benefits will vary depending on the plan option chosen