Key Feature Document

Aim of the policy Bajaj Allianz Life Guaranteed Pension Goal is a Non-Participating, Non-Linked, Deferred & Immediate Annuity Plan.

Immediate Deferred Deferred Annuity

Annuity Options
Annuity Annuity (SP) (RP)

A Life Annuity

B Life Annuity with ROP on Death

C Annuity Certain (5/10/15/20 yrs) and life thereafter

D Joint Life Last Survivor with 50% of Annuity to spouse

E Joint Life Last Survivor with 100% of Annuity to spouse

F Joint Life Last Survivor with 100% of Annuity to spouse & with
ROP on death of Last Survivor

Benefits under G Life Annuity with ROP on death or survival

the policy
H Life Annuity with ROP on death or in instalments on survival

I Family Pension

Regular/Limited Premium (RP) and Single Premium (SP), Return of Purchase price (ROP)
Immediate Annuity:
Option A: Life Annuity: Annuity will be payable to you throughout life
Option B: Life Annuity with Return of Purchase Price (ROP) on death: Annuity will be payable to you throughout life and on death
the Purchase price will be returned to your nominee
Option C: Annuity certain and life thereafter: Annuity will be payable to you for a guaranteed period of 5, 10, 15 or 20 years, as
chosen by you at inception; or throughout life, whichever is later. On death during the Annuity-Certain period, the remaining Annuity
instalments will be paid to your nominee till the end of Annuity-Certain period
Option D: Joint Life Last Survivor with 50% of Annuity to spouse: Annuity will be payable to you throughout life and on death, your
spouse will receive 50% of the prevailing Annuity amount throughout his/her life

Bajaj Allianz Life Insurance Co. Ltd.,

Bajaj Allianz House, Airport Road, Yerawada, Pune - 411006. Reg No.: 116. Ver 1 : English
 Option E: Joint Life Last Survivor with 100% of Annuity to spouse: Annuity will be payable to you throughout life and on death, your
spouse will receive 100% of the prevailing Annuity amount throughout his/her life
Option F: Joint Life Last Survivor with 100% of Annuity to spouse & with Return of Purchase Price (ROP) on death of Last Survivor:
Annuity will be payable to you throughout life and on death, your spouse will receive 100% of the initial Annuity amount throughout
his/her life. On death of the last survivor, the Purchase Price will be returned to the nominee
Option G: Life Annuity with Return of Purchase Price (ROP) on death or survival: Annuity will be payable to you throughout life and
additionally on the policy anniversary after the 25th policy year or the policy anniversary after attaining Age 85 (whichever is later), the
Purchase Price will be returned to you as Survival benefit with annuity continuing subsequently.
On death before receiving the Survival benefit, the Purchase price will be returned to your nominee and on death after receiving the
Survival benefit, no further benefit shall be payable
Option H: Life Annuity with Return of Purchase Price (ROP1) on death or in instalments on survival: Annuity will be payable to you
throughout life and additionally, starting from the policy anniversary after the 15th Policy Year or the policy anniversary after attaining 2
Age 70 (whichever is later), Survival benefit would be payable to you at each policy anniversary in instalments as per the Annuity
payment frequency with Annuity continuing subsequently.
In yearly payment frequency, the Survival benefit2 will be in annual instalments equivalent to 5% of the Purchase Price. Under monthly,
quarterly and half-yearly, each instalment, respectively, will be (5%/12), (5%/4) and (5%/2) of the Purchase price. Survival benefit2 will be
payable till the total of all the instalments equals 100% of the Purchase Price.
On death, an amount equal to Purchase Price less sum of the Survival benefit2 paid (if any) shall be paid to your nominee
Option I: Family Pension: (Only for NPS subscribers) Life annuity shall be payable to the NPS subscriber as below:
• If the NPS subscriber has a spouse/spouse is alive: Annuity will be payable as per the Annuity option, Option F (Joint Life Last Survivor
with 100% of annuity to spouse & with ROP on death of last survivor).
1. The Purchase Price is the single Premium or the sum of all regular/limited Premiums; plus, top-up Premiums paid excluding any
GST/any other tax as may be applicable from time to time.
2. The due date of survival benefit with respect to Top-up premiums (if any) will be assessed from the date of payment of each top-up
premium.
• If the NPS subscriber does not have a spouse or his/her spouse is not alive: Annuity will be payable as per the annuity option, Option B
(Life annuity with ROP on death).
On death of the both the annuitant and the spouse:
• The ROP shall be used to purchase an Annuity under Annuity option, Option B, on the dependent mother (if alive) of the deceased NPS
subscriber; and
Benefits under • On the death of the mother, ROP shall be used to purchase an Annuity as per Annuity option, Option B, on the dependent father (if alive)
the policy of the deceased NPS subscriber.
• The Annuity amount, on each purchase (mentioned above), will be based on the prevailing annuity rate then under the mentioned
Annuity option.
On the death of the last surviving annuitant (out of the NPS subscriber, the spouse, the mother, the father), and provided the policy has
not been terminated prior, the death benefit payable shall be 100% of the Purchase price.
Deferred Annuity –
In these options, Annuity will be payable to you on each Annuity instalment date, post completion of the Deferment Period. On death
during the Deferment period, an amount equal to the Purchase price plus attached Guaranteed Additions, subject to a minimum of 105%
of Total Premiums paid, shall be paid to your nominee
Option A: Life Annuity: Annuity will be payable to you throughout life and on death after the Deferment period, no further benefit shall be
payable
Option B: Life Annuity with Return of Purchase Price (ROP) on death: Annuity will be payable to you throughout life and on death after
the Deferment period, an amount equal to the Purchase price plus attached Guaranteed Additions less annuity instalments paid shall be
paid to your nominee, subject to a minimum amount equivalent to the Purchase price
Option F: Joint Life Last Survivor with 100% of Annuity to spouse & with Return of Purchase Price (ROP) on death of Last Survivor
(Only Single Premium payment term is available in this option) Annuity will be payable to you throughout life and on death, your spouse
will receive 100% of the prevailing Annuity throughout his/her life.
On death of surviving life after the Deferment period, an amount equal to the Purchase price plus attached Guaranteed Additions less
annuity instalments paid shall be paid to your nominee, subject to a minimum amount equal to the Purchase price
Option G: Life Annuity with Return of Purchase Price (ROP) on death or survival: (Only Single Premium payment term is available in
this option) Annuity will be payable to you throughout life and additionally on the policy anniversary after the 25 policy year or the policy
anniversary after attaining age 85 (whichever is later), the Purchase Price will be returned to you as Survival benefit.
On death after the Deferment period and before receiving the Survival benefit, an amount equal to the Purchase price plus attached
Guaranteed Additions less annuity instalments paid shall be paid to your nominee, subject to a minimum amount equal to the Purchase
price. On death after receiving the Survival benefit, no further benefit shall be payable.
Option H: Life Annuity with Return of Purchase Price (ROP1) on death or in instalments on survival: (Only Single Premium payment is
available in this option) Annuity will be payable to you throughout life and additionally, starting from the policy anniversary 2 after the 15
Policy Year or the policy anniversary after attaining Age 70 (whichever is later), Survival benefit would be payable to you at each policy
anniversary in instalments as per the Annuity payment frequency with Annuity continuing subsequently.
In yearly payment frequency, the Survival benefit will be in annual instalments equivalent to 5% of the Purchase Price. Under monthly,
2 quarterly and half-yearly, each instalment, respectively, will be (5%/12), (5%/4) and (5%/2) of the Purchase price. Survival benefit will
On death after the Deferment period, an amount equal to the Purchase price plus attached Guaranteed Additions less sum of the

Bajaj Allianz Life Insurance Co. Ltd.,

Bajaj Allianz House, Airport Road, Yerawada, Pune - 411006. Reg No.: 116. Ver 1 : English
 Survival benefit paid (if any) less annuity instalments paid shall be paid to your nominee. This amount shall be subject to a minimum of
Benefits under 2 Purchase price less Survival benefit paid (if any)
the policy
Surrender second point- All annuities during deferment period (under deferred annuities)

Premiums at regular intervals are payable for the entire premium payment term as chosen by you and shall also be mentioned in
Premium payment
the Policy Schedule

Non- payment of (Only applicable to Regular/Limited Payment Deferred Annuity)

premium  If you have not paid at least two (2) full years' Premiums, the Policy will be converted to a lapsed Policy at the end of the grace
period, and no benefit will be payable
 If you have paid at least two (2) full year' Premiums, and subsequent Premiums have not been paid, your Policy will be converted
to a Paid-up Policy at the end of the grace period
 The Annuity amount will be converted to Paid-up Annuity
 If the Paid-up Annuity amount calculated (along with any top-up Annuity amount) is less than the minimum modal Annuity
amount under the product, the Surrender Value will be paid as a lump sum, at the end of the revival period; and the Policy will be
terminated, immediately and automatically
 Guaranteed Additions (GA) will not be applicable to a Paid-up Policy. The Policy will continue with the already attached GAs
 The Death Benefit shall be the Total Premiums Paid plus the attached GAs, both, till the date of first unpaid Premium; less the sum
of all Paid-up annuity instalments paid. If the total of Paid-up Annuity Instalments paid is greater than or equal to the attached
Guaranteed Additions, then, the Death Benefit payable shall be the Total Premiums Paid.
 If any top-up Premium has been paid under the Policy, the benefits with respect to the top-up Premium remain unchanged.
 The total Annuity amount payable under the Policy will be paid up Annuity amount plus Annuity amount with respect to the
topup Premium

Surrender Value is applicable –

 Under Annuity Options B, F, G, H & I during Annuity period (for immediate and deferred Annuity)
 All annuities during deferment period (under deferred annuity)
Surrender Value will be acquired –
Surrender Benefit  Any time after payment of single Premium in an immediate annuity and in single premium deferred Annuity
 After payment of two (2) full years' Premium in a regular/limited Premium payment deferred Annuity
 Any time after payment of Top-up Premium (The Top-up premiums, if any, cannot be surrendered alone)
Note: For detailed Surrender Value calculation please refer Sales Literature/ Policy Document

Revival is subject to the following conditions –

 A written application for revival is received by the company within five (5) years of the due date of the first unpaid Premium and
before the end of the deferment period
Revival (Applicable  The arrears of Premiums together with interest, at such rate as the company may decide from time to time along with applicable
only under Deferred taxes are paid. The current applicable revival interest is 9.0% p.a. compounded half- yearly
Annuity with  The policyholder/ at his/her own expense furnishes evidence of continuity of insurability. The revival will only be effective when the
Regular/Limited Company has specifically communicated the same in writing to the Policyholder.
premium)  On revival, the Annuity Benefit, Survival Benefit and Death Benefit, as applicable, under the Policy which prevailed before the date of
latest lapse/Paid-up will be reinstated
 Any Guaranteed Addition due but unattached will be attached to the Policy.

This risk cover (if any) of the Annuitant or the Spouse (in case of a Joint Life Policy) shall, immediately and automatically, terminate on the
earliest occurrence of any of the following events:
a) On the date of death of the Annuitant or on the date of the last survivor in case of a Joint Life policy (whichever is later), as applicable
b) On the lapsation of the Policy
This Policy shall, immediately and automatically, terminate on the earliest occurrence of any of the following events:
Termination i. On Free Look Cancellation
ii. On payment of the Death Benefit
iii. On complete surrender of the Policy and on payment of the Surrender Value
iv. On the expiry of the Revival Period for a lapsed Policy
v. On refund of eligible Premiums/Surrender Value under suicide clause on suicide of the Annuitant/Spouse (in a Joint Life Policy)

Within fifteen (15) days of the receipt of this Policy and thirty (30) days in case of electronic Policy and Policy obtained through distance
mode, the Policyholder will have an option to review the terms and conditions of the Policy and if the Policyholder disagrees to any of the
Free Look terms & conditions, he/she will have an option to return the Policy stating the reasons for objections. The Purchase Price (excluding
Cancellation applicable taxes) paid less the Annuity Instalment paid less the expense incurred in stamp duty charges will be made available to the
Policyholder. However, this shall also comply with any relevant regulation (as it exists from time to time) in this regard.

Bajaj Allianz Life Insurance Co. Ltd.,

Bajaj Allianz House, Airport Road, Yerawada, Pune - 411006. Reg No.: 116. Ver 1 : English
 Regd. Office Address: Bajaj Allianz House, Airport Road, Yerawada, Pune - 411006., IRDAI Reg No.: 116, Visit us: www.bajajallianzlife.com,
Contact Us
BALIC CIN : U66010PN2001PLC015959, Mail us : customercare@bajajallianz.co.in, Call on : Toll free no. 1800 209 7272, Fax No: 020-
66026789,

Do's
 Do fill the proposal form very carefully and personally in CAPITAL letters in blue ink only
 Do provide true and complete information
 Do provide correct contact number, address and email ID, and update in case of any change, so that you can receive necessary
communication
 Do sign on all the documents provided by you (Self Attestation)
 Do provide your recent passport photograph
 Do draw cheque/ DD, in favour of “Bajaj Allianz Life Insurance Co. Ltd.”
 Do read the policy bond carefully upon receipt of the same
 Do contact us if you do not receive the policy bond or any other communication from the Company within 30 days
 Do read the enclosed Benefit Illustration carefully before signing
 Do register for Auto Debit Instructions/ ECS to ensure timely payments of your premium on due dates

Don'ts
 Do not sign any blank proposal form
 Do not leave any column blank in the proposal form
 Do not conceal any facts as this could lead to dispute at the time of a claim
 Do not miss or delay your premium payment
 Do not rely on any commitments of any additional benefits made by anyone apart from what has been highlighted herein above

Disclaimer
This document contains the highlights of the product Bajaj Allianz Life Guaranteed Pension Goal UIN: 116N167V06 and is subject to the terms and conditions as
contained in the policy document. The terms and conditions as contained in the policy document shall govern the contractual relationship and shall be binding. For
details on any of the matters highlighted herein above, please refer to policy document upon receipt of the same by you. The standard terms and conditions of the
product is also available on the Company website (at www.bajajallianzlife.com)
Dear Mr./Ms. customer name,

Greetings for the day!

Thank you for choosing Bajaj Allianz Life Guarant eed Pension Goal for securing your life goals.

You have opted for Life Annuit y , with Regular Premium and Deferred Annuit y .

What are the Policy Benefits?

WHAT YOU PAY?
You have opted to pay a premium of Rs. 2,00,000 on a Annually basis for 5 year(s).
Note: GST/other taxes will be applicable as per Income Tax laws.

WHAT YOU GET?

You will receive Rs. 9,755 on a Monthly basis, from May-2033 onwards for your entire life.
On death during Deferment Period, an amount equal to Purchase Price plus attached Guaranteed Additions
will be paid to your nominee.
On death after Deferment Period, no further benefits will be paid to your nominee.
For more details, please refer the Policy Document.
 Do you get Tax Benefits?
You can avail tax benefits on the premiums paid and benefits received as per T&C of the prevailing tax laws.
You are requested to consult your tax advisor on eligibility of tax benefits before claiming any benefit under the
policy.

Why is it important to pay your premiums regularly and on time?

To receive guaranteed regular income for life as per your choice
To keep your retirement goals on track
In case you do not pay 2 full premiums, the policy lapses & you don't get any benefit
If you paid 2 or more full premiums, but not all, then your policy will run on reduced benefits

What happens if you surrender the Policy?

During Deferment period, you will receive a surrender value equal to Guaranteed Surrender Value (GSV) or Special
Surrender Value (SSV), whichever is higher.
After Deferment period, no Surrender Value will be payable.
For more details, please refer the Policy Document.

Can you return the Policy?

Yes, you can.
If you are not satisfied with the terms and conditions of the policy, please return the policy document to the Company
with reasons for cancellation within:
15 days from the date you received it, if your policy is not purchased through distance marketing.
30 days from the date you received it, in case of electronic policies or if your policy is purchased through distance
marketing.
For more details, please refer the Policy Document.

Still have doubts about your policy?

Mail us at : cust omercare@bajajallianz.co.in ,
Call on : Toll free no. 1800 209 7272

The details mentioned in this document are based on the type of cover chosen and the information provided. Any change in the details provided may
lead to a change in the premium payable and/or benefits under this Policy.

Bajaj Allianz Life Insurance Co. Ltd.

BEW ARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are
requested to lodge a police complaint.

Risk Fa ctors a n d W a rn in g Sta temen ts: Bajaj Allianz Life Insurance Company Limited and Ba ja j Allia n z Life G u a ra n teed Pen sion G oa l are the
names of the company and the product respectively and do not in any way indicate the quality of the product and its future prospects or returns. For more
details on risk factors, terms and conditions please read sales brochure & Policy document (available on www.ba ja ja llia n zlife.com ) carefully before
concluding a sale. Ba ja j Allia n z Life G u a ra n teed Pen sion G oa l (UIN: 116N167V0 6 ) is A Non lin ked, Non Pa rticipa tin g, In dividu a l, Life
In su ra n ce Sa vin gs Pla n . The Logo of Bajaj Allianz Life Insurance Co. Ltd. is provided on the basis of license given by Bajaj Finserv Ltd. to use its "Bajaj" Logo
and Allianz SE to use its "Allianz" logo. All charges/ taxes, as applicable, will be borne by the Policyholder.
Con ta ct Us: Regd. Office Address: Bajaj Allianz Life Insurance Co. ltd, Bajaj Allianz House, Airport Road, Yerwada, Pune - 411006., IRDAI Reg No.: 116.
CIN: U66010PN2001PLC015959.
BJAZ-OT-EC-01970/23
Quotation No : 60031048240

Bajaj Allianz Life Guaranteed Pension Goal

A Non Linked Non Participating Deferred & Immediate Annuity Plan

Name of the First Annuitant: Mr Mr Kumat Name of the Product: Bajaj Allianz Life Guaranteed Pension
Age(in years) : 53 Goal
Name of the Second Annuitant Tag Line: A Non Linked Non Participating
NA Deferred & Immediate Annuity Plan
(if any):
Age(in years) : NA Unique Identification Number: 116N167V06
Premium Payment Term(in GST Rate(First Year): 4.50%
5
years): GST Rate(2nd Year onwards): 2.25%
Premium Payment Frequency Annual
:
Amount of Installment 2,00,000
Premium(in Rs.):
Annuity Payment Frequency : Monthly

This benefit illustration is intended to show year-wise premiums payable and benefits under the policy.
Policy Details
Policy Option Deferred Annuity Deferment Period(in years) 10
Annuity Option Life Annuity Sum Assured* Rs. NA
Is BALIC Deferred Pension Policy
proceeds to be used for the No Annuity Amount Payable(in Rs.) 9,755
purchase of this Annuity?

Premium Summary
Total Installment Premium
Installment Premium without GST 2,00,000
Instalment Premium with First Year GST including channel 2,09,000
Premium
Installment Premium with GST 2nd year Onwards 2,04,500

(Amount in Rupees )
Guaranteed Non Guaranteed

Policy Single/ Regular Annuity Payable/ survival Benefit Maturity Death Benefit Guaranteed Surrender Special Surrender Surrender Value
Year Premium Payable (EOY) Benefit (EOY) Value (EOY) Value (EOY) Payable (EOY)
1 2,00,000 0 0 3,17,060 0 0 0
2 2,00,000 0 0 6,34,120 1,20,000 2,05,106 2,05,106
3 2,00,000 0 0 9,51,180 2,10,000 3,32,665 3,32,665
4 2,00,000 0 0 12,68,240 4,00,000 4,79,676 4,79,676
5 2,00,000 0 0 15,85,299 5,00,000 6,48,576 6,48,576
6 0 0 0 17,02,359 6,00,000 7,01,780 7,01,780
7 0 0 0 18,19,419 7,00,000 7,59,640 7,59,640
8 0 0 0 19,36,479 8,00,000 8,22,640 8,22,640
9 0 0 0 20,53,539 9,00,000 8,91,309 9,00,000
10 0 0 0 21,70,599 9,00,000 9,66,233 9,66,233
11 0 1,17,060 0 0 0 0 0
12 0 1,17,060 0 0 0 0 0
13 0 1,17,060 0 0 0 0 0
14 0 1,17,060 0 0 0 0 0
15 0 1,17,060 0 0 0 0 0
16 0 1,17,060 0 0 0 0 0
17 0 1,17,060 0 0 0 0 0
18 0 1,17,060 0 0 0 0 0

1
Quotation No : 60031048240

Guaranteed Non Guaranteed

Policy Single/ Regular Annuity Payable/ survival Benefit Maturity Death Benefit Guaranteed Surrender Special Surrender Surrender Value
Year Premium Payable (EOY) Benefit (EOY) Value (EOY) Value (EOY) Payable (EOY)
19 0 1,17,060 0 0 0 0 0
20 0 1,17,060 0 0 0 0 0
21 0 1,17,060 0 0 0 0 0
22 0 1,17,060 0 0 0 0 0
23 0 1,17,060 0 0 0 0 0
24 0 1,17,060 0 0 0 0 0
25 0 1,17,060 0 0 0 0 0
26 0 1,17,060 0 0 0 0 0
27 0 1,17,060 0 0 0 0 0
28 0 1,17,060 0 0 0 0 0
29 0 1,17,060 0 0 0 0 0
30 0 1,17,060 0 0 0 0 0
31 0 1,17,060 0 0 0 0 0
32 0 1,17,060 0 0 0 0 0
33 0 1,17,060 0 0 0 0 0
34 0 1,17,060 0 0 0 0 0
35 0 1,17,060 0 0 0 0 0
36 0 1,17,060 0 0 0 0 0
37 0 1,17,060 0 0 0 0 0
38 0 1,17,060 0 0 0 0 0
39 0 1,17,060 0 0 0 0 0
40 0 1,17,060 0 0 0 0 0
41 0 1,17,060 0 0 0 0 0
42 0 1,17,060 0 0 0 0 0
43 0 1,17,060 0 0 0 0 0
44 0 1,17,060 0 0 0 0 0
45 0 1,17,060 0 0 0 0 0
46 0 1,17,060 0 0 0 0 0
47 0 1,17,060 0 0 0 0 0
48 0 1,17,060 0 0 0 0 0
49 0 1,17,060 0 0 0 0 0
50 0 1,17,060 0 0 0 0 0
51 0 1,17,060 0 0 0 0 0
52 0 1,17,060 0 0 0 0 0
53 0 1,17,060 0 0 0 0 0
54 0 1,17,060 0 0 0 0 0
55 0 1,17,060 0 0 0 0 0
56 0 1,17,060 0 0 0 0 0
57 0 1,17,060 0 0 0 0 0
58 0 1,17,060 0 0 0 0 0

Notes:
#Tota l Annuity receiva ble in a policy yea r, s ubject to a nnuita nt/s is /a re a live
* Sum As s ured is not a pplica ble for Annuity products .
EOY - End of the Yea r. The benefits s hown a bove a re a s a t the end of the yea r.

I, ____ ____ (name), have explained the premiums and benefits I, ___ Mr Mr Kumat ______ (name), having received the informa on
under the policy fully to the prospect / policyholder. with respect to the above, have understood the above statement
before entering into the contract.

Place:
Date: Signature of Agent/ Intermediary/ Official Date: Signature of Prospect / Policyholder

Disclaimers:
a) Please consult our 'Sales representative' for any clarifications on this illustration.
b) All benefits payable under the Policy will be subject to the prevailing tax laws and other financial enactments, as they exist at the me. Tax
laws & financial enactments are subject to change from time to time.
c) The policy options and Annuity options available under them are listed below:

Policy
Option/Annuity Immediate Annuity Deferred Annuity
Option
Option A Life annuity Life annuity

2
Quotation No : 60031048240

Life annuity with Return of Purchase Price Life annuity with Return of Purchase Price
Option B (ROP) on death (ROP) on death

Option C Annuity-Certain for period 5, 10, 15 or 20 years Not Available

and life thereafter
Joint Life Last Survivor with 50% of annuity to
Option D spouse Not Available

Option E Joint Life Last Survivor with 100% of annuity to Not Available
spouse
Joint Life Last Survivor with 100% of annuity to Joint Life Last Survivor with 100% of annuity to
Option F spouse with ROP on death spouse with ROP on death
Option G Life annuity with ROP on death or survival Life annuity with ROP on death or survival
Option H Life annuity with ROP on death or, in annual Life annuity with ROP on death or, in annual
instalments, on survival instalments, on survival
Option I Family Pension Not Available

Please refer to the Sales Literature available on the Company website for details about these options.
d) This product is available for purchase by the Policyholder on payment of a single premium/ Regular premium.
e ) The first annuity payment will be due one month, three months, six months or one year a er the commencement of the policy in an
immediate annuity, and a er the deferment period in a deferred annuity corresponding to the annuity payment mode chosen, namely -
monthly, quarterly, half-yearly or yearly mode, respectively.
f) Surrender Value is applicable under annuity op ons B,F,G,H & I during annuity period ( for immediate and deferred annui es ) and for all
annuities during deferment period ( under deferred annuities ). Surrender Value will be acquired
Any time after payment of single Premium in an immediate annuity and in single premium deferred Annuity
After payment of two (2) full years' Premium in a regular/limited Premium payment deferred Annuity
Please refer to the Sales Literature available on Company website for details
g) Minimum Purchase Price & Minimum Age restric ons would not apply in case a nominee/ policyholder of a Deferred Pension plan of BALIC
or NPS wishes to take an immediate Annuity policy under Bajaj Allianz Life Guaranteed Pension Goal.
h) Single Premium/ Regular premium considered above is excluding Goods & Service Tax.
i) Goods & Service tax (GST) needs to be paid additionally. GST rates are subject to change.
j) The benefits mentioned under guaranteed section above are guaranteed.
k) Figures in the special surrender value calculation includes any annuity payable amount due at the time of policy surrender.
l) Depending upon the prevailing market condition, the Special Surrender Value may be revised.
The Annuity Rates of Guaranteed Pension Goal can change from me to me and the Annuity Amount men oned in this Benefit Illustra on
is valid for at least 7 days from the date of generation of this Illustration.
It shall be the resposibility of the Annuitant to produce the existence cer ficate at least 30 days before any policy anniversary ,failing which,
the Annuity Installment due from the next Policy Anniversary may be withheld ll produc on of Existence Cer ficate. The Company shall not
under any circumstances pay any interest for any delay in payment of Annuity Installment on account of non-receipt of existence cer ficate by
the Company.

Bajaj Allianz Life Insurance Co. Ltd.

Bajaj Allianz House, Airport Road, Yerawada, Pune - 411006. Reg No.: 116.
Tel: (020) 66026777; Fax: (020) 66026789
Email: customercare@bajajallianz.co.in
www.bajajallianzlife.co.in