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Bajaj Life Investment Plans
Bajaj Life offers a variety of investment plans that combine insurance coverage with investment benefits. These plans are designed to help you meet your long-term financial goals, such as travel plans, retirement planning or saving for a child's education.
- 4.8++ Rated
- 12.02 Crore Registered Consumer
- 51 Partners Insurance Partners
- 5.9 Crore Policies Sold
Investment Plans
- Plan starting from ₹1,000/month
- Save upto ₹46,800 in Tax under section 80C^
- Zero LTCG Tax¶
- In built life cover
Top performing plans˜ with High Returns**
Invest ₹10K/Month & Get ₹1 Crore# Tax-Free*
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Investment Plan
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Bajaj Life Insurance
- Bajaj Life Traditional Plans
What are Bajaj Life Investment Plans?
Bajaj Life Investment Plans cater to different financial goals. These Bajaj investment plans maximize returns through capital market opportunities, appealing to growth-oriented investors. It also offers traditional plans, which offer stability and guaranteed returns. These are suited for those prioritizing security in their investments.
- Market-Linked Insurance Plans
- Traditional Insurance Plans
Bajaj Life Market- Linked Insurance Plans:
| Bajaj Life Market-Linked Plans | Entry Age | Maturity Age | Policy Term | Minimum Sum Assured |
| Bajaj Life Invest Protect Goal | 18 – 45 years | 38 – 100 years | 20 – 40 years | 7 X Annualised Premium |
| Bajaj Life Goal Assure II | 0 – 60 years | 18 – 75 years | 5/ 10/ 15/ 20 years | 7 X Annualised Premium |
| Bajaj Life LongLife Goal | 0 – 65 years | 99 years | 99 years minus Entry Age | 10 X Annualised Premium |
| Bajaj Life Smart Wealth Goal III | 0 – 70 years | 18 – 99 years | 10 – 60 years | 7 X Annualised Premium |
| Bajaj Life Magnum Fortune Plus II | 0 – 65 years | 18 – 75 years | 10/ 15/ 20/ 25/ 30 years | 7 X Annualised Premium |
| Bajaj Life Goal Based Saving II | 3 – 60 years | 18 – 75 years | 10/ 15/ 20 years | 7 X Annualised Premium |
| Bajaj Life Future Gain II | 1 – 60 years | 18 – 70 years | 10 years | 7 X Annualised Premium |
| Bajaj Life Fortune Gain | 1 – 63 years | 18 – 70 years | 7 – 30 years | 1.25 X of Single Premium |
| Bajaj Life Invest Protect Goal | 18 – 60 years | 38 – 100 years | 20 – 40 years | 7 X Annualised Premium |
| Bajaj Life - Flexi Income Goal-Income Benefit | 0 – 55 years | 18 – 99 years | PPT + 12 years to 99 years minus Entry Age | ₹1.584 lakhs |
| Bajaj Life Young Assure | 18 – 50 years | 28 – 60 years | 10/ 15/ 20 years | 10 X Annualised Premium |
| Bajaj Life Lifelong Assure | 10 – 55 years | 100 years | 100 minus Entry Age | ₹1 lakh |
| Bajaj Life Saral Pension Plan | 40 – 80 years | 100 years | 100 minus Entry Age | Minimum Annuity: ₹12,000 per annum |
Details of Bajaj Life Market-Linked Insurance Plans
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Bajaj Life Invest Protect Goal Plan
The Bajaj Life Invest Protect Goal Plan is a Unit Linked Insurance Plan (ULIP) offered by Bajaj Life Insurance. It aims to provide life cover along with the opportunity to invest in various funds for wealth creation.
Features of Bajaj Life Invest Protect Goal Plan:
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Provide a lump sum payout for your loved ones in your absence.
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Grow your savings with market-linked returns.
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Boost your fund value with returned charges.
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Earn loyalty additions for staying invested.
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Ensure ongoing protection with Fund Maintenance Booster and optional riders while enjoying tax benefits under Section 80C and 10(10D) of the Income Tax Act.
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Bajaj Life Goal Assure II Plan
Bajaj Life Goal Assure II is a unit-linked life insurance plan (ULIP) offered by Bajaj Life Insurance. This Bajaj Life 5-year plan is designed to provide both life insurance coverage and investment opportunities.
Features of Bajaj Life Goal Assure II Plan:
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The policy offers a Fund Booster upon maturity to enhance your returns.
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Loyalty additions are included to reward long-term investment.
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At maturity, you will receive a return of mortality charges (ROMC), boosting your fund's value.
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You have the option to receive death or maturity benefits in instalments using the Return Enhancer feature.
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Choose from four different investment portfolio strategies and sixteen funds to tailor your investment approach.
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Enjoy tax benefits under Section 80C and Section 10(10D) of the Income Tax Act.
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Bajaj Life LongLife Goal Plan
The Bajaj Life LongLife Goal Plan is a life insurance policy that aims to provide both protection and savings to policyholders. This Bajaj Life 5-year plan is a combination of insurance and investment, designed to help you meet your long-term financial goals.
Features of Bajaj Life LongLife Goal Plan:
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Secure retirement income with Retired Life Income.
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Receive Loyalty Additions annually from the 5th to the 25th policy year.
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Choose from 2 plan variants: LongLife Goal with or without Premium Waiver.
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Access 4 investment portfolio strategies and 15 funds.
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Enjoy options like premium reduction, whole life insurance cover, and Retired Life Income till age 99 with Return Enhancer.
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Bajaj Life Smart Wealth Goal III- WOP
Bajaj Life Smart Wealth Goal III with Waiver of Premium (WOP) is a ULIP that combines investment growth and life cover. If you die or become permanently disabled, the WOP feature waives future premiums, ensuring continuous policy benefits.
Features of Bajaj Life Smart Wealth Goal III- WOP:
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Earn Loyalty Benefits with periodic money-back options and Fund Boosters.
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Receive refunds of Allocation Charges (ROAC) and Mortality Charges (ROMC).
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Choose instalment options for Maturity or Death Benefits using Return Enhancer.
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Select from five investment portfolio strategies and fifteen funds.
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Customize premiums and payment terms with tax benefits under Section 80C and 10(10D).
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Bajaj Life Traditional Savings Plans:
| Bajaj Life Traditional Plans | Entry Age | Maturity Age | Policy Term | Minimum Sum Assured |
| Bajaj Life Assured Wealth Goal Platinum | 1 – 60 years | 18 – 77 years | 5 – 17 years | 10 X Annualised Premium |
| Bajaj Life Assured Wealth Goal – Second Income with ROP Plan | 51 – 65 years | 99 years | 99 minus Entry Age | 10 X Annualised Premium |
| Bajaj Life ACE | 18 – 55 years | Up to 85 years | 85 – 100 years | 11 X Annualised Premium |
| Bajaj Life Guaranteed Savings Goal | 0 – 50 years | 18 – 70 years | 5 – 20 years | 1.5 or 10 X Single Premium |
| Bajaj Life Guaranteed Income Goal | 6 – 60 years | 18 – 72 years | 10/ 12/ 15/ 20 years | ₹1 lakh |
| Bajaj Life POS Goal Suraksha | 0 – 55 years | 18 – 65 years | 10/ 12/ 15/ 20 years | ₹30,000 |
| Bajaj Life Guaranteed Pension Goal Plan | 30 – 85 years | Immediate Annuity | Whole Life | Min. Annuity: ₹12,000 per month |
Details of Bajaj Life Traditional Savings Plans
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Bajaj Life Assured Wealth Goal – Second Income with ROP Plan
The Bajaj Life Assured Wealth Goal – Second Income with Return of Premium (ROP) Plan is a life insurance policy designed to provide you with a guaranteed income stream in the future, along with other benefits.
Features of Bajaj Life Assured Wealth Goal – Second Income with ROP Plan:
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Receive regular guaranteed long-term income for up to 30 years.
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Choose to defer income payouts as per your preference.
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The plan includes an income benefit with life cover and the option for returning premiums at the end of the income period.
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You have the flexibility to select your income payout date.
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Enjoy tax benefits under Section 80C and 10(10D) of the Income Tax Act.
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Bajaj Life Assured Wealth Goal
Bajaj Life Assured Wealth Goal is a non-linked, non-participating, individual life insurance savings plan offered by Bajaj Life Insurance. This Bajaj Life 5-year plan is designed to help you achieve your life goals by providing you with guaranteed income and life cover.
Features of Bajaj Life Assured Wealth Goal:
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Choose a variant that fits your needs, ensuring life cover for your family's protection.
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Decide the date you want to receive your payouts.
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Enjoy flexibility in selecting the income period for your regular guaranteed payouts.
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Benefit from tax advantages under Section 80C and 10(10D).
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Rest assured that all policy benefits are guaranteed.
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Steps to Apply for Bajaj Life Investment Plans through Policybazaar
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Go to the Policybazaar website or app and click on Investments.
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Select "Investment Plans with High Returns" and enter basic information.
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Find Bajaj Life investment plans and explore options.
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Pick a plan that matches your financial goals.
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Complete the application form with your personal and financial information.
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Submit the form and follow instructions from Policybazaar or Canara HSBC for verification and processing.
In Conclusion
Bajaj Life Investment Plans offer a diverse range of options tailored to meet various financial goals, from wealth creation and retirement planning to child education Plan and marriage. These Bajaj investment plans offer a mix of traditional and market-linked plans, which provide flexibility, tax benefits, and potential for significant returns, ensuring your comprehensive financial security and growth.
FAQs
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What is the Bajaj Life Investment Plan?
The Bajaj Life Investment Plan is an investment option designed to help you grow your wealth through regular investments. It combines the benefits of life insurance and investment to provide financial security and potential for wealth creation. -
How does the Bajaj Life Investment Plan work?
The Bajaj Life Investment Plans allow you to invest in a range of funds managed by Bajaj Life. Your premiums are invested in these funds, and the value of your investment grows based on the performance of the chosen funds. Additionally, the plan provides life insurance coverage. -
What are the key benefits of the Bajaj Life Investment Plan?
The key benefits of the Bajaj Life Investment Plan include wealth creation through investment in various funds, life insurance coverage, tax benefits under Section 80C and Section 10(10D) of the Income Tax Act, and the flexibility to choose and switch between different funds. -
Who is eligible to invest in the Bajaj Life Investment Plan?
The Bajaj Life Investment Plans are available to individuals who meet the minimum and maximum age criteria specified by Bajaj Life. Specific eligibility requirements vary depending on the specific plan variant. -
What types of funds can I invest in with the Bajaj Life Investment Plan?
Bajaj Life offers a variety of funds, including equity funds, debt funds, and balanced funds. Each fund has a different risk and return profile, allowing you to choose based on your investment goals and risk appetite. -
Can I switch between different funds in the Bajaj Life Investment Plan?
Yes, the Bajaj Life Investment Plans offers you the flexibility to switch between different funds. This allows you to adjust your investment strategy based on market conditions and your financial goals. Some investment plans may allow a certain number of free switches per year. -
What are the tax benefits associated with the Bajaj Life Investment Plan?
Premiums paid towards the Bajaj Life Investment Plans are eligible for tax deductions of up to ₹1.5 lakhs under Section 80C of the Income Tax Act. Additionally, the maturity benefits and death benefits are tax-exempt under Section 10(10D) when your annual premium paid is below₹2.5 lakhs. -
How can I pay premiums for the Bajaj Life Investment Plans?
Premiums can be paid through various modes, including online payments, ECS (Electronic Clearing Service), credit/debit cards, bank transfers, and more. You can choose the payment frequency that suits you, such as monthly, quarterly, half-yearly, or annually. -
What happens if I miss a premium payment?
If you miss a premium payment, Bajaj Life typically offers a grace period during which you can pay the overdue premium without penalty. If the premium is not paid within the grace period, the policy may lapse, but it can often be reinstated within a certain timeframe. -
How can I track the performance of my investment in the Bajaj Life Investment Plans?
You can track the performance of your investment through regular statements provided by Bajaj Life, online account access, and mobile apps. These tools allow you to monitor the value of your investments and make informed decisions.
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
Insurers Offering Investment Plans
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
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