BAJAJ ALLIANZ – GOAL ASSURE

About the Insurer

Bajaj Allianz Life Insurance Company Limited is a joint venture between Bajaj Finserv Limited (recently demerged
from Bajaj Auto Limited).Bajaj Allianz Life Insurance offers insurance products for financial planning and life
insurance. The company was found in 2001.

Allianz is Germany based Insurance Company, its headquarters situated in Munich operating in Insurance
business since 1891.

Eligibility Criteria:

Minimum Entry Age 0-30 days

Maximum Entry Age 60 years
Maximum Age at Maturity 75 years
Policy Term 5/10/15/20 years
Premium Payment
Yearly, Half-yearly, Quarterly and Monthly
Frequency
Premium Paying Term Policy Term
5 years 5 years
Premium Paying Term 5,7 or 10 years 10 years
(PPT)
10 or 15 years 15 years

15 or 20 years 20 years
Minimum
Frequency
Premium
Yearly 36,000
Minimum Premium Half-yearly 18,000
Quarterly 9,000
Monthly 3,000

Why should I buy this plan?

Key Advantages

 Fund Booster at maturity (for policy term 10 years or greater)

 Loyalty additions (for Annualized Premium of Rs 5 Lakhs or more & for policy term 10 years or greater)
 No premium allocation charge • Return of mortality charges at maturity (ROMC)
 Option to take maturity in instalments with Return Enhancer
 Choice of 4 investment portfolio strategies
 Choice of eight (8) funds
 Option to decrease sum assured and change premium payment term

BENEFITS:

I. Maturity Benefit: Fund Value + Top Up fund value (if any)

For Internal Use Only

 II. Death Benefit: Highest of the following:

105% of total premiums paid

OR

Sum assured + Top up sum assured(if any

OR

Fund value

a. Investment Options & Funds:

 Investor Selectable Portfolio Strategy: Policyholder can allocate his premiums based on his personal
choice from eight funds, to suit his investment needs. The funds are:

i. Equity Growth Fund II

ii. Accelerator Mid-Cap Fund II

iii. Pure Stock Fund

iv. Pure Stock Fund II

v. Asset Allocation Fund II

vi. Blue chip Equity Fund

vii. Bond Fund

viii. Liquid Fund

 Wheel of Life Portfolio Strategy: The funds will be allocated in the Blue Chip Equity, Equity Growth fund II,
Accelerator Mid cap Fund II at the starting of the policy and after a period of 5 years, it will move slowly
to Bond fund and Liquid fund.

 Trigger Based Portfolio Strategy: The money will be invested in Equity Growth fund II and Bond fund in
the ratio 75:25. It will be rebalanced based on a pre defined trigger event. The trigger event is 15% in the
upward movement in unit price.

 Auto Transfer Portfolio Strategy: Helps you to systematically invest your money in a systematic way by
systematically transferring the money every month to equity fund of your choice. This is not available for
monthly mode of investment.

Other benefits:

For Internal Use Only

 Return of Mortality Charge (ROMC)
At the end of the policy term, on the maturity date, the total amount of mortality charges deducted in respect of
life cover provided throughout the policy term, will be added back as ROMC, to the Regular Premium Fund Value
and Top-up Premium Fund Value, as applicable. ROMC is not applicable in case of a Surrendered, Discontinued or
Paid up policy and will be payable provided all due Regular Premiums under the policy have been paid up to date.

 Fund Booster
On the maturity date, Fund Booster will be added to the Regular Premium Fund Value, provided all due Regular
Premiums have been paid up to the date.
The Fund Booster (as % of one Annualized Premium) are as below –

Policy Term Fund Booster (% of one Annualized Premium)

5 years Not Applicable

10 years 20%

15 years 40%

20 years 60%

 Loyalty Additions
The Company shall allocate Loyalty Additions to the Regular Premium Fund Value as percentage of one
Annualized Premium from the 6th year onwards, provided all due Regular Premiums have been paid up to date.
The Loyalty Additions are below:

Policy Term

Loyalty Additions (% of one Annualized Premium)

5 years Not Applicable

10 years 0.50%

15 years 1%

20 years 1.5%

CHARGES:

a. Premium allocation charge: NIL

b. Policy administration charge: Rs.33.33 per month inflating at 5% per annum every month.

Note: Policy administration charge upto maximum Rs. 6000/- per year.

For Internal Use Only

c. Fund management charge:

Fund Management Charge per

Fund
annum
Equity Growth Fund II 1.35%
Accelerator Mid Cap Fund II 1.35%
Pure Stock Fund 1.35%
Fund Management Charge (FMC) Pure Stock Fund II 1.30%
Asset Allocation Fund II 1.25%
Blue chip Equity Fund 1.25%
Liquid Fund 0.95%
Bond Fund 0.95%
Discontinued Life Policy Fund 0.50%

d. Mortality charge: depends on age, gender & sum assured

For Internal Use Only