Bajaj Life Guaranteed Wealth Goal - Policy Documents & KYC

Bajaj Guaranteed Wealth Goal Documents

Eligibility

Parameter	Variant
	Wealth Creation				Assured Income			Second Income
Age at Entry (in years)	PPT		5&6	Others	PPT		ALL	PPT		5 & 6	Others
	Minimum		0		Minimum		1	Minimum		0
	Maximum	20 SA Multiple	50	55	Maximum	SA Option 1	60	Maximum	Option 1	50	60
									Option 2	60	60
		15 SA Multiple	55	60		SA Option 2			Option 3	50	50

		Other SA Multiple	60	60

Age at maturity (in years)	Minimum: 18 Maximum: 75				Minimum: 18 Maximum: 77			Minimum: 20 Maximum: 99

Minimum* & Maximum Premium (in Rs.)	Minimum: 12,000 Maximum: No limit as per BAUP^				Minimum: 18,000 Maximum: No limit as per BAUP^
Premium Payment Frequency	Yearly, Half yearly, Quarterly and Monthly Half yearly, Quarterly and Monthly premium frequencies are only allowed under auto-debit process as 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.

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/ Guaranteed1 Maturity Benefit, as applicable in the plan variant.