Bajaj Life Global Wealth Builder is a unit-linked life insurance plan denominated in US dollars. With this plan, you get the dual advantage of life insurance protection and market-linked wealth creation through global investments.
The plan is designed for eligible NRIs, OCIs and PIOs who have financial goals across countries and want to plan for future expenses in US dollars.
Wherever life takes you, Bajaj Life combines financial strength, trusted protection and digital convenience to support your evolving insurance needs.
FAQs
Where is Bajaj Life Insurance Limited, IFSC Insurance Office located?
Bajaj Life Insurance Limited, IFSC Insurance Office is located at GIFT City, GIFT SEZ, Gandhinagar, Gujarat, India. We are registered as an IFSC Insurance Office (IIO) with the International Financial Services Centres Authority (IFSCA).
Can I invest additional money in Bajaj Life Global Wealth Builder?
Yes. You can make additional investments through top-up premiums starting from USD 500, provided all due premiums have been paid.
Eligible top-ups also carry an additional sum assured, subject to policy conditions.
Can I change my Benefit Option after purchasing the policy?
No. The Benefit Option you select: Wealth, Secure or Secure Plus, cannot be changed after the policy is issued.
What happens if I move to another country after purchasing the policy?
A change in your country of residence does not affect your policy benefits. However, it may have tax implications depending on your new country of residence and applicable laws.
Can I appoint a nominee who lives outside India?
Nomination is subject to applicable policy terms and regulations. You can confirm the eligibility and documentation requirements with Bajaj Life.
What happens if I stop paying my premiums?
Your policy may become discontinued or reduced paid-up, depending on the policy year. This can affect your life cover and other benefits. You may revive the policy within three years of discontinuance, subject to applicable conditions.
Can I surrender Bajaj Life Global Wealth Builder before maturity?
Yes, subject to the policy's surrender provisions and applicable charges. The amount you receive may be lower than the premiums paid, depending on market performance and charges.
Can I change my portfolio management strategy during the policy term?
Yes. You can request a change at a policy anniversary by giving 30 days' prior written notice, subject to applicable conditions and charges.
Can I invest in more than one investment fund at a time?
Yes. Under the Investor Selectable Portfolio Strategy, you can distribute your investment across multiple available funds, subject to the plan's conditions.
What is the freelook period in Bajaj Life Global Wealth Builder?
You will have the option to review the terms and conditions of the policy within 30 days from the date of receipt of policy document.
Bajaj Life Insurance Limited (Formerly known as Bajaj Allianz Life Insurance Company Limited)
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS: IRDAI or its officials do not involve 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 Factors and Warning Statements: Bajaj Life IFSC Insurance Office, Reg. No.: IIO2026IIA1160. IFSC Insurance Branch: Office No. SI-M-1100, Shilp Incubation Centre, Unit B, First Floor, Plot 11T 3 & 11T 5, Block – 11, GIFT SEZ, GIFT City, Dist. Gandhinagar - 382 355. Regulated by the International Financial Services Centres Authority (IFSCA). For queries, contact your authorised intermediary or visit our website. Bajaj Life IFSC Insurance Office is managed by Bajaj Life Insurance Limited (IRDAI Reg. No. 116) and is registered with the International Financial Services Centres Authority (IFSCA) for undertaking life insurance business. The Logo of Bajaj Life Insurance Limited is provided on the basis of license given by Bajaj Finserv Limited to use its “Bajaj” Logo. For more details on risk factors, terms and conditions please read sales brochure & policy document (available on www.bajajlifeinsurance.com) carefully before concluding a sale.
ULIPs are different from the traditional insurance products and are subject to the risk factors. The premium paid in ULIPs are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. Bajaj Life Insurance Limited is only the name of the Life Insurance Company and Bajaj Life Global Wealth Builder, A Unit-Linked Non-Participating Individual Life Savings Insurance Plan (UIN:116GCL001V01) is only the name of the unit linked insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document issued by the insurance company. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.
Claim Settlement Ratio of 99.33%~