In Unit Linked Insurance Policies, the investment risk is borne by the policyholder. These insurance products do not offer any liquidity in the first 5 years, as they have a mandatory lock-in period of 5 years. During this period, the policyholder cannot fully or partially withdraw the invested amount or surrender the policy.

Bajaj Life Invest Protect Goal III Plan

Bajaj Life Invest Protect Goal III Plan is a unit-linked, non-participating savings plan. Under this individual life insurance plan, policyholders can select from various investment funds, such as equity, debt, or hybrid funds, based on their risk tolerance. The plan is meant to assist people in maintaining long-term financial interests, such as retirement planning, wealth development, and future family needs.

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Eligibility Criteria for the Bajaj Life Invest Protect Goal III

Criteria Minimum Maximum
Entry Age 0 years 60 years
Maturity Age 18 years 75 years
Policy Term 10 years 30 yeats
Premium Payment Term 5 years Policy Term
Sum Assured As Per Premium No Limit (Subject To Underwriting)

Features of the Bajaj Life Invest Protect Goal III

Evaluating the features of a policy helps policyholders understand how it supports wealth creation and protection. Here are the Key features under the Bajaj Life ULIP Plans:

  1. High Life Cover

    The plan offers life insurance coverage that provides financial security to the beneficiaries in the event of the policyholder's death.

  2. Market-Linked Investment Growth

    Investments are associated with market performance, where one stands a potential for wealth growth in terms of equity or debt, or hybrid funds.

  3. Multiple Fund Options

    Policyholders can choose among different funds based on their risk tolerance and financial objectives.

  4. Return Of Charges

    The plan offers refunds on certain charges, e.g., mortality and allocation charges, thereby increasing the total value of the investment.

  5. Fund Maintenance Booster

    Additional loyalty benefits may be credited during the policy term, increasing the investment value over time.

  6. Flexibility In Investment Strategy

    Policyholders can change their investment plan based on market conditions and financial objectives.

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Benefits of the Bajaj Life Invest Protect Goal III

Policy benefits determine how effectively a plan supports financial growth and protection. Let us review the key benefits of Bajaj Life Invest Protect Goal III:

  1. Maturity Benefit

    The policyholder is paid the fund value at the expiry of the policy term, and this value is based on the performance of the investment funds chosen.

  2. Death Benefit

    In case the policyholder dies during the policy term, the nominee is entitled to the amount assured under the policy or the fund value to support the family.

  3. Free Investment Decision Making

    The plan is flexible, allowing policyholders to choose funds that may suit their financial objectives and risk tolerance.

Fund Name NAV sort icon AUM sort icon 5 Yr Returns sort icon 10 Yr Returns sort icon
Bajaj Life Nifty 200 Alpha 30 Index Fund ₹9.14 ₹238 Cr - -
Bajaj Life Liquid Fund ₹35.09 ₹479 Cr 5.45% 4.21%
Bajaj Life Bond Fund ₹45.18 ₹1512 Cr 5.42% 5.95%
Bajaj Life Bluechip Equity Fund ₹43.62 ₹830 Cr 7.06% 11.62%
Bajaj Life Equity Growth Fund II ₹69.59 ₹3808 Cr 6.1% 10.98%
Bajaj Life Accelerator Mid-Cap Fund II ₹81.4 ₹5515 Cr 9.6% 12.23%
Bajaj Life Pure Stock Fund ₹146.26 ₹6974 Cr 8.01% 12.02%
Bajaj Life Asset Allocation Fund II ₹31.25 ₹234 Cr 5.94% 8.78%
Bajaj Life Pure Stock Fund II ₹25.21 ₹4454 Cr 7.54% -
Bajaj Life Flexi Cap Fund ₹16.76 ₹3728 Cr - -
Bajaj Life Sustainable Equity Fund ₹15.07 ₹353 Cr - -
Bajaj Life Small Cap Fund ₹20.64 ₹5305 Cr - -
Bajaj Life Dynamic Asset Allocation Fund ₹11.99 ₹69 Cr - -
Bajaj Life Nifty Alpha 50 Index Fund ₹9.27 ₹947 Cr - -
Bajaj Life Focused 25 Fund ₹11.34 ₹378 Cr - -
Bajaj Life India Consumption Fund ₹9.43 ₹175 Cr - -
Bajaj Life Opportunities Fund ₹10.32 ₹205 Cr - -
Bajaj Life Asset Allocation ₹53.93 ₹494 Cr 6.07% 8.56%
Bajaj Life Cash Plus Pension ₹44.2 ₹3 Cr 5.42% 5.23%
Bajaj Life Debt Plus Pension ₹51.5 ₹3 Cr 5.45% 5.97%
Bajaj Life Pure Stock Pension ₹87.75 ₹8 Cr 5.76% 8.88%
Bajaj Life Equity Mid Cap Plus ₹225.06 ₹138 Cr 10.47% 11.71%
Bajaj Life Equity Plus Pension ₹206.32 ₹18 Cr 5.74% 10.62%
Bajaj Life Accelerator Mid Cap ₹135.43 ₹457 Cr 9.96% 11.62%
Bajaj Life Cash ₹30.28 ₹19 Cr 3.7% 3.42%
Bajaj Life Debt ₹33.13 ₹28 Cr 3.82% 3.9%
Bajaj Life Equity ₹97.1 ₹143 Cr 6.03% 10.31%
Bajaj Life Cash Plus ₹44.57 ₹30 Cr 5.56% 5.38%
Bajaj Life Debt Plus ₹47.83 ₹40 Cr 5.55% 5.94%
Bajaj Life Equity Gain ₹151.94 ₹284 Cr 4.44% 9.04%
Bajaj Life Equity Plus ₹196.05 ₹476 Cr 6.06% 10.69%
Bajaj Life Pure Equity ₹156.49 ₹41 Cr 8.54% 12.3%
Bajaj Life Bond Pension ₹43.79 ₹9 Cr 5.22% 5.52%
Bajaj Life Equity Index ₹159.67 ₹82 Cr 7.5% 11.92%
Bajaj Life Equity Growth ₹84 ₹2083 Cr 5.88% 10.34%
Bajaj Life Equity Mid Cap ₹139.02 ₹62 Cr 8.73% 10.03%
Bajaj Life Life Long Gain ₹28.9 ₹6 Cr 3.56% 4.08%
Bajaj Life Premier Equity Growth ₹72.51 ₹5 Cr 4.63% 9.22%
Bajaj Life Equity Index II ₹77.7 ₹1318 Cr 7.06% 11.3%
Bajaj Life Equity Index Pension ₹142.9 ₹2 Cr 7.53% 11.99%
Bajaj Life Equity Growth Pension ₹97.46 ₹39 Cr 5.74% 10.63%
Bajaj Life Equity Index Pension II ₹81.53 ₹60 Cr 7.2% 11.79%
Bajaj Life Asset Allocation Pension ₹52.6 ₹28 Cr 5.84% 8.69%
Bajaj Life Accelerator Mid Cap Pension ₹151.76 ₹32 Cr 10.84% 12.04%
Bajaj Life Premier Equity ₹71.6 ₹10 Cr 6.08% 10.28%
Bajaj Life Premier Equity Gain ₹99.04 ₹20 Cr 4.73% 9.55%
Bajaj Life Assured Return ₹26.72 ₹1 Cr 4.8% 5.36%
Bajaj Life Discontinued Life Policy Fund ₹18.29 ₹4713 Cr 5.65% 5.17%
Bajaj Life Discontinue Pension Policy Fund ₹17.36 ₹7 Cr 5.51% 5.21%
Bajaj Life Pension Builder Fund ₹19.48 ₹45 Cr 4.15% 5.2%
Bajaj Life Builder Bond Fund ₹17.74 ₹29 Cr 4.37% 5.02%
Bajaj Life Group Debt Fund ₹40.23 ₹61 Cr 5.19% -
Bajaj Life Secure Fund ₹60.67 ₹4111 Cr 5.11% 6.9%
Bajaj Life Stable Fund ₹68.73 ₹736 Cr 5.08% 7.2%
Bajaj Life Group Asset Allocation Fund ₹50.18 ₹51 Cr 6.3% -
Bajaj Life Group Blue Chip Fund ₹48.31 ₹3 Cr 7.6% -
Bajaj Life Group Equity Fund ₹52.63 ₹48 Cr 6.12% -
Bajaj Life Group Balanced Gain Fund II ₹17.18 ₹7 Cr 7.07% -
Bajaj Life Group Debt Fund II ₹24.87 ₹1184 Cr 5.38% -
Bajaj Life Group Debt Fund III ₹17.64 ₹118 Cr 5.08% -
Bajaj Life Group Liquid Fund II ₹17.11 ₹7 Cr 5.53% -
Bajaj Life Group Equity Index Fund ₹44.63 ₹27 Cr 6.79% -
Bajaj Life Nifty 200 Alpha 30 Index Pension Fund ₹10.66 ₹36 Cr - -
Bajaj Life Liquid Pension Fund II ₹10.67 ₹3 Cr - -
Bajaj Life Nifty 500 Low Volatility 50 Index Pension Fund ₹10.19 ₹4 Cr - -
Bajaj Life BSE 500 Quality 50 Index Pension Fund ₹10.15 ₹5 Cr - -
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Riders Under the Bajaj Life Invest Protect Goal III

Insurance riders allow policyholders to strengthen their protection coverage. Following are the available riders under this plan:

  1. Accident Protection Rider

    Provides an added coverage in case of accidental death or disability.

  2. Accidental Death Benefit(ADB).

    Gives an extra payout in case of death through accident.

  3. Accidental Total Permanent Disability Benefit (ATPDB).

    Gives financial support in case of accidental permanent disability.

Policy Details of the Bajaj Life Invest Protect Goal III

Understanding policy servicing features helps policyholders manage their coverage effectively. Let us review the key policy provisions.

  1. Grace Period

    It provides a grace period during which policyholders can settle outstanding debts on their premiums without forfeiting their policy benefits.

  2. Revival

    In case the policy is not maintained through payment of the premiums, then it can be reinstated within a certain time by making up the outstanding premiums.

  3. Free Look Period

    The policyholders can cancel the policy during the free look period in case they are not satisfied with the policy terms.

    Invest in high growth ULIP Plans Invest in high growth ULIP Plans
  4. Surrender

    It is possible to surrender the policy upon expiry of the lock-in period, and the value of the surrender depends on the amount of funds available.

  5. Fund Switching

    Policyholders are free to change the investment funds that they can invest in, within the policy term, to vary the investment plan.

  6. Loan

    The loans on policy could be provided based on policy terms and fund balance.

Exclusions Under the Bajaj Life Invest Protect Goal III

Insurance plans include exclusions that may prevent certain benefits from applying. Let us review the key exclusions.

  1. Suicidal Cover

    In case of the death of the life assured because of suicide that occurs within 12 months of issuance of the policy or revival, the nominee could receive the value of the fund or benefit as per the policy terms and conditions.

  2. Total Permanent Disability (TPD)

    The total permanent disability benefits are available only if the policyholder has taken the corresponding rider cover.

    Explore some of the best investment plans to compare and choose the one that suits you best.

FAQs

  • Can a policyholder increase the investment amount during the policy term?

    Yes, it is possible to add more capital to your investment in the Bajaj Life Invest Protect Goal III Plan by adding top-up premiums as the policy term progresses. These are additional contributions that help increase your investment value, subject to policy terms and underwriting guidelines.
  • What happens in case the policyholder relocates to another country?

    The policy usually remains active even when the policyholder moves out of India. Nonetheless, some of the servicing processes can be based on the regulations.
  • Is the policy securable as collateral to a loan?

    Yes, like many life insurance policies, it may be assigned to a financial institution or lender as collateral, subject to the insurer's assignment rules.
  • Is it possible to change the nominee in the middle of the policy term?

    Yes, during the policy term, the policyholder is able to update or replace the nominee by sending a nomination request.
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Disclaimer: Policybazaar Insurance Brokers Private Limited does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Average Rating
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Bajaj Life ULIP Plans Reviews & Ratings

4.6 / 5 (Based on 1274 Reviews)
(Showing Newest 10 reviews)
Nishant
New Zealand, November 05, 2026
★★★★★
Overall Service Experience
Good experience with pb. Process was little slow but i am happy with my plan
Devang
Australia, November 05, 2026
★★★★★
Support for First-Time NRI Investor
This was my first time buying investment plan from abroad and policybazaar helped me. Good policy they gave me
Ayesha
Canada, November 02, 2026
★★★★★
Reviewing Policy Terms
Kotak einvest plus is what i picked after almost a week of comparing plans policybazaars comparison tool actually helped a lot saved me time no regrets so far
Tarun
UK, November 02, 2026
★★★★★
NRI Investment Enquiry
Policybazaar is a good place to compare different plans.
Kunal
USA, November 02, 2026
★★★★★
Good Communication
I got clear answers to my doubts. It was helpful to get guidance without visiting India. kudos
Prateek
Chennai, November 02, 2026
★★★★★
Savings While Working Abroad
I wanted to keep investing in India while working overseas. The online assistance was useful and helped me understand the process.
Sangeeta
Bhopal, October 31, 2026
★★★★★
Very Pleased With Service
Bharti axa efuture invest plan policybazaar advisor helped me understand fund allocation properly which i was struggling with on my own overall a good experience buying this ulip
Rohit
Ranchi, October 30, 2026
★★★★★
Fine Plan So Far
edelweiss life wealth plus rising star took it few months back too early to comment on returns but the buying process through policybazaar was quick and painless
Chitra
Indore, October 29, 2026
★★★★★
Amazing Support Throughout
generali central easy invest online plan works well for my monthly savings goal policybazaar advisor followed up even after purchase to check if everything is fine nice touch
Mohit
Argentina, October 28, 2026
★★★★★
Planning for Future Needs
I was looking for an investment option for future needs in India. I will recommend policybazaar for everyone who do not have any idea what to buy.


˜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 Insurance Brokers Private Limited 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
Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds.
*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

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