Best Investment Plans
  • Guaranteed Tax Savings

    Under sec 80C & 10(10D)
  • Life Cover

    10 times of Annual Premium
  • Zero LTCG Tax

    Unlike 10% in Mutual Funds

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

*Please note that the quotes shown will be from our partners

Bajaj Allianz Life LongLife Goal

Preparing for long term goals and saving accordingly is practically a mandatory requirement in everyone’s life. The Bajaj Allianz Life LongLife Goal policy is an individual, non-participating, regular premium payment ULIP plan, designed to offer flexibility and lucrative returns during, as well as after maturity. With the option of selecting from four distinct investment portfolio strategies and 8 different funds, it also offers the ultimate flexibility with umpteen number of free switches in between. With a plethora of impeccable advantages, one gets the ultimate investment option when one buys Bajaj Allianz Life LongLife Goal. 

Bajaj Allianz Life LongLife Goal Detail:



Policy Tenure

99 years minus age of entry of the life assured

Premium Paying Term

10 - 25 years 

Premium Paying Mode

Monthly, quarterly, bi-annually and annually

Entry Age

Minimum – 18 years 

Maximum – 65 years 

Maturity Age

99 years 

Grace Period

30 days

Sum Assured

10 times the annualized premium 



Benefits of the Bajaj Allianz Life LongLife Goal  

The core benefits of the Bajaj Allianz Life LongLife Goal are as follows:

Maturity Benefits – A maturity benefit will be paid out when the policy reaches maturity, which will be calculated as the fund value as on the said date. This will only be applicable if the Bajaj Allianz Life LongLife Goal policy status is active at the time. *Standard T&C Apply

Death Benefits – A death benefit, that is calculated as the higher of fund value or the prevailing sum assured shall be payable to the beneficiary or nominee in case the life assured passes away at any time of the policy, provided the premiums have been duly paid up until that date. *Standard T&C Apply

Partial Withdrawal Facility – After the fifth year of the policy is complete; one can make partial withdrawals from their fund portfolio should the need arise. The minimum amount one can take at a time is Rs. 5000 and the fund value should not fall below 105% of the annualized premium. *Standard T&C Apply

Tax Benefits – The Bajaj Allianz Life LongLife Goal offers tax exemption on the maturity benefit, death benefit, and partial withdrawal as well as on premium payments. Any retired life income is also eligible for tax benefits as permitted by the government bodies at the time. * Tax benefit is subject to changes in tax laws

The Premiums for Bajaj Allianz Life LongLife Goal 

Monthly, quarterly, bi-annual and annual modes of payments can be made with Bajaj Allianz Life LongLife Goal premium instalments. Top-up premium is not a supported feature on this plan. For the exact calculation of payments to be made depending on the mode of payments chosen to be made, the Bajaj Allianz Life LongLife Goal calculator is available online for a clear figure. *Standard T&C Apply

Additional Riders for Bajaj Allianz Life LongLife Goal 

There are no add-on riders with this plan. However, there is an accidental disability benefit associated with the online Bajaj Allianz Life LongLife Goal policy, which will pay the balance premiums as well as a maturity benefit in case of such a case happening. 

Eligibility for Bajaj Allianz Life LongLife Goal  

  • Minimum Age of entry – 18 years 
  • Maximum Age of entry – 65 years 

What are the documents required to buy this policy?

To buy the online Bajaj Allianz Life LongLife Goal plan, one needs to submit the following documents. 

  • Identification papers – PAN card, passport, Aadhar card, driver’s license, etc. 
  • Proof of address –ration card, Driver’s license, utility bills, and voter’s ID, Aadhar card, etc.
  • Proof of income papers – Income tax returns, salary slips, financial asset portfolios (if needed)

How to buy this plan online?

To get details on how to buy this plan, one can visit the official website of Policybazaar to get the customer care numbers or email address and speak to a person who will guide him/her through the application process and other necessary details. 

Exclusions of Bajaj Allianz Life LongLife Goal 

Death by suicide, the overdose of illegal substances, alcohol abuse, drugs, death, or disability due to participation in terrorism-related activities will all count as exclusions of this plan. If the person, sane or insane, dies within a year of the commencement of the plan, the death benefit paid out shall be at the perusal of the terms and conditions stated in the policy papers. *Standard terms and conditions apply. 


Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Average Rating
(Based on 4 Reviews)
Sign up for newsletter
Sign up our newsletter and get email about ulip plans.

Bajaj Allianz Life LongLife Goal Reviews & Ratings

4.5 / 5 (Based on 4 Reviews)
(Showing Newest 4 reviews)
Panagarh, August 16, 2016
Ulip Insurance Plan
After a long while, got the insurance policy which i needed. The ulip insurance plan from bajaj life insurance. The policy coverage is high and claims are easy to sanctioned. Service provided by you is superb, the updates of the policy is regularly mailed to me at my email address.
Nainital, July 15, 2016
I have ulip plan from bajaj allainz life insurance company limited. The policy is great and it works for me and give me full satisfaction. Policy coverage and claims are good. Claiming is very easy because the service of the staff of the company is awesome.
Delhi, February 06, 2016
I have life insurance with bajaj. The policy i have is an average one. Low premiums but the paybacks are also less. The policy coverage and claims are ~60-70%. The services provided is slow. Kaam chalau...
Plan Name: Future Gain
Agent Code: BPW01312
Lucknow, December 20, 2015
First time invested on bajaj allianz ulip plans
I really liked the concept of ulip plans and invested my saving on this. Really appreciated the valuable informations on Policybazaar.and the very cool customer care process. I also find bajaj allianz ulip nav and therefore i have invested on this. Lets hope for the best. If it works i will invest more, this is my first time, But would recommend to all. All the best!
  • Zero% commission
  • No hidden charges
  • One click easy refund
  • 100% calls recorded
Invest ₹10k/month Get ₹1Cr
Tax free on maturity*
Mobile +91
*T&C Applied.
Download the Policybazaar app
to manage all your insurance needs.