Bajaj Allianz Life

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Bajaj Allianz Life Smart Protect Goal is an individual life non-linked, non-participating, single/limited/regular premium payment, savings (ROP) and pure risk term (life & health) cover, an all-encompassing term plan is all you need to ensure that your future is secure against the twists and turns of life.

Key Benefits of Bajaj Allianz Life Smart Protect Goal Term Insurance

  • Comprehensive cover:Bajaj Allianz Life Smart Protect Goal offers a complete cover with multiple add-ons and carefully structured variants to meet your unique needs.
  • Competitive premium:Competitive premium with features in keeping with your requirements.
  • Return of premium:Receive the total premiums paid towards the policy at the time of maturity provided, no claim is made
  • Whole life cover:Avail cover till the age of 99 years by paying for a limited term only. Return of Premium option is not available if you opt for a whole life plan.
  • Multiple add-ons:Get multiple add-on covers, like Accidental Death Benefit, Accidental Total Permanent Disability Benefit, Critical Illness cover and Waiver of Premium Benefit, for comprehensive coverage.

Bajaj Allianz Life insurance review

Bajaj Allianz Life
Distribution - Number of branches pan India (March 2019)
604
Entry Age Minimum/Maximum (Years) - Term Plans
18/65
Sum Assured Minimum / Maximum - Term Plans
50 lacs / Unlimited
Policy Term Minimum / Maximum (Years) - Terms Plans
5/67
Solvency Ratio (FY 2018-19) *
8.04
Number of Policies Sold (Ind+Group) *
311,507
Number of Lives Covered (Ind+Group) **
34,353,869
Claims Settlement Ratio (Ind+Group) ***
99.47%
* - As per IRDAI data 2018-19 - The solvency ratio of an insurance company is the size of its capital relative to all the risk it has taken, which is all liabilities subtracted from total assets. In other words, solvency is a measurement of how much the company has in assets versus how much it owes
** - as per L-25 Public Disclosure of Insurance Companies for 2019-20  |  *** - Claims Settlement Ratio = Claims Settled in the year / Claims Reported in the year - as per IRDAI data published

Bajaj Allianz Life Smart Protect Goal has following combinations of variants, maturity benefit option (ROP), whole life option and Add-on cover (s) to choose from:

  • Life cover
  • Child Education extra cover variant
  • Life cover with joint life variant
  • Increasing life cover variant

Increasing life cover

Entry Age Minimum age is 18 years
Maximum age is 65 years
Maximum age at maturity With ROP - 75 years
Without ROP - 85 years
Whole Life - 99 years
Sum Assured Minimum Sum Assured: 50,00,000
Maximum Sum Assured:As per Board Approved Underwriting Guidelines
Eligibility for Add-On Covers (if opted) with this Variant Minimum age at Entry - 18 years, Maximum age at Entry - 65 years

Child Education extra cover variant

Entry Age Minimum age is 18 years
Maximum age is 65 years
Maximum age at maturity 85 years
Sum Assured Minimum Sum Assured: 50,00,000
Maximum Sum Assured:As per Board Approved Underwriting Guidelines
Maximum age at maturity 80 years

Life cover with joint life variant

Entry Age Minimum age is 18 years
Maximum age is 65 years
Maximum age at maturity 85 years
Sum Assured Minimum Sum Assured: 50,00,000
Maximum Sum Assured:As per Board Approved Underwriting Guidelines

Increasing life cover variant

Entry Age Minimum age is 18 years
Maximum age is 65 years
Maximum age at maturity 85 years
Sum Assured Minimum Sum Assured: 50,00,000
Maximum Sum Assured:As per Board Approved Underwriting Guidelines

Variants under Bajaj Allianz Life – Smart Protection Goal (SPG)

Variants /Benefits Death Benefits Accidental Total Permanent Disability Benefit(ATPDB) Critical Illness Benefit(CIB) Accidental Death Benefit(ADB) Waiver of Premium Benefit(WOPB - I) Waiver of Premium Benefit(WOPB - II) Whole Life Return of Premium(ROP)
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Life Cover with Child Education Extra Cover homemade shemale clips homemade shemale clips homemade shemale clips homemade shemale clips homemade shemale clips homemade shemale clips homemade shemale clips homemade shemale clips
Life Cover with Joint Life homemade shemale clips homemade shemale clips homemade shemale clips homemade shemale clips homemade shemale clips homemade shemale clips homemade shemale clips homemade shemale clips
Increasing Life Cover homemade shemale clips homemade shemale clips homemade shemale clips homemade shemale clips homemade shemale clips homemade shemale clips homemade shemale clips homemade shemale clips
  • WOPB – II {CI (Incl ATPD)/Death} is applicable on Life Assured and not on the Spouse
  • If Whole Life is opted for, then ROP is not available
  • If CIB is opted for, then ATPDB is not available and vice versa
  • The cover period for CIB / WOPB will always be equal to CIB / WOPB Premium Payment Terms respectively
  • However, the cover period and Premium Payment Term for CIB can be less than or equal to the Variant Premium Payment Term
  • The Policy Term and Premium Payment term of all other Add-on Covers (except CIB and WOPB) can be less than or equal to the Policy Term and Premium Payment Term of the variant respectively.

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Concerns the gender of the people an individual is romantically or sexually attracted to.

Below is an overview based on contemporary ethnographic studies and academic perspectives: The Shift to "Sex Influencers"

Originating in Harlem during the late 20th century, the Ballroom subculture was created by Black and Latino transgender and queer youth as a safe haven from racism and transphobia. This underground culture birthed "voguish" dance styles, unique runway categories, and linguistic terms—such as "spilling tea," "throwing shade," and "work"—that are now staples of everyday global vernacular. Shows like Pose and RuPaul’s Drag Race have brought these elements into the mainstream, showcasing the creative genius of trans pioneers. Media Representation homemade shemale clips

Transgender culture has gifted the broader world a more precise vocabulary for the human experience. Concepts like (who you are) versus sexual orientation (who you love) became mainstream largely through the advocacy of the trans community.

Despite significant cultural progress, the transgender community continues to face disproportionate systemic obstacles that require urgent advocacy and structural reform. Legislative Battles Concerns the gender of the people an individual

: This refers to the blurring of lines between producers and consumers, where the "homemade" aesthetic is highly valued for its perceived authenticity and intimacy.

: Gender-variant roles have existed for millennia across cultures, such as the hijra in South Asia, the mukhannathun in early Arabia, and Two-Spirit roles in Indigenous North American cultures. Transgender Contributions to LGBTQ+ Culture Shows like Pose and RuPaul’s Drag Race have

Despite these challenges, the transgender community has made significant strides in recent years. The 2010s saw a surge in transgender visibility, with the rise of transgender celebrities, politicians, and activists. This increased visibility has helped to raise awareness and promote understanding of transgender issues, and has played a key role in the fight for transgender rights.

Despite playing a foundational role in these early protests, transgender individuals frequently faced marginalization within the very movement they helped create. As gay and lesbian organizations sought mainstream political acceptance in the late 20th century, they often distanced themselves from transgender issues, viewing gender nonconformity as a barrier to achieving marriage equality and employment protections. The Evolution of the "T" in LGBTQ+

Conversely, many regions are experiencing a wave of restrictive policies. These include bans on gender-affirming care, restrictions on sports participation, and limitations on discussing gender identity in educational institutions.

Concerns the gender of the people an individual is romantically or sexually attracted to.

Below is an overview based on contemporary ethnographic studies and academic perspectives: The Shift to "Sex Influencers"

Originating in Harlem during the late 20th century, the Ballroom subculture was created by Black and Latino transgender and queer youth as a safe haven from racism and transphobia. This underground culture birthed "voguish" dance styles, unique runway categories, and linguistic terms—such as "spilling tea," "throwing shade," and "work"—that are now staples of everyday global vernacular. Shows like Pose and RuPaul’s Drag Race have brought these elements into the mainstream, showcasing the creative genius of trans pioneers. Media Representation

Transgender culture has gifted the broader world a more precise vocabulary for the human experience. Concepts like (who you are) versus sexual orientation (who you love) became mainstream largely through the advocacy of the trans community.

Despite significant cultural progress, the transgender community continues to face disproportionate systemic obstacles that require urgent advocacy and structural reform. Legislative Battles

: This refers to the blurring of lines between producers and consumers, where the "homemade" aesthetic is highly valued for its perceived authenticity and intimacy.

: Gender-variant roles have existed for millennia across cultures, such as the hijra in South Asia, the mukhannathun in early Arabia, and Two-Spirit roles in Indigenous North American cultures. Transgender Contributions to LGBTQ+ Culture

Despite these challenges, the transgender community has made significant strides in recent years. The 2010s saw a surge in transgender visibility, with the rise of transgender celebrities, politicians, and activists. This increased visibility has helped to raise awareness and promote understanding of transgender issues, and has played a key role in the fight for transgender rights.

Despite playing a foundational role in these early protests, transgender individuals frequently faced marginalization within the very movement they helped create. As gay and lesbian organizations sought mainstream political acceptance in the late 20th century, they often distanced themselves from transgender issues, viewing gender nonconformity as a barrier to achieving marriage equality and employment protections. The Evolution of the "T" in LGBTQ+

Conversely, many regions are experiencing a wave of restrictive policies. These include bans on gender-affirming care, restrictions on sports participation, and limitations on discussing gender identity in educational institutions.

Brochure

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CIN: U66000KA2018PTC117713 | IRDAI Web aggregator License Code Number: IRDAI / INT / WBA /53/ 2018, Valid till 07/08/2028