Eligibility Criteria for Bajaj Life POS Goal Suraksha

Bajaj Life POS Goal Suraksha - Eligibility

Parameter

Details

Minimum Entry Age

0 years
On attaining the age of majority, i.e., 18 years, the Policy will vest on Life Assured

Maximum Entry Age

55 years

Minimum Age at Maturity

18 years

Maximum Age at Maturity

65 years

Policy Term (PT) & Premium Payment Term (PPT)

PT (In years)

PPT (In years)

6, 7, 8

5, 6, 7, 8, 10 & 12

Minimum Premium

Mode	Yearly	Half-Yearly	Quarterly*	Monthly*
Premium (Rs.)	3,000	2,100	1,250	450

Maximum Premium

As per Maximum Sum Assured

Minimum Sum Assured

Age	Minimum Sum Assured
0-49	21,000
50-55	15,000

Maximum Sum Assured

Rs. 25,00,000
(As per prevailing POS guidelines, as amended from time and as per the prevailing Board Approved Underwriting Policy)

Premium Payment Frequency

Yearly, Half yearly, Quarterly and Monthly
*Quarterly & Monthly premium payment frequency will be allowed only under auto-debit process (as per the approved RBI facilities)

All ages mentioned above are age as on last birthday. Risk cover, even for minor life, will commence immediately on the date of commencement of risk of the policy. The product is available for sale through online mode.