What is Bajaj Life Assured Wealth Goal Platinum

Bajaj Life Assured Wealth Goal Platinum starts at minimum premium of only ₹30,000/per annum for guaranteed¹ long-term income with life cover.Illustration of a 30 year old male who has purchased Bajaj Life Assured Wealth Goal Platinum – Smart Income variant by paying Rs. 1 Lac for 10 years. Let’s see how it works⁵:

You can pay yearly, half-yearly, quarterly, or monthly. Customise the Premium Payment Term, Policy Term, and Income Period to match your financial goal.

All ages mentioned above are age as on last birthday. Risk cover will commence immediately on the date of commencement of risk of the policy and, in the case of a minor life, policy will vest on the life assured on the earlier of attainment of majority (i.e., 18 years age last birthday) or on maturity date. The product is available for sale through online mode For female lives, the age set-back of 3 years will be applicable for calculation of SA Multiple and Maturity Benefit/ Income payout. Income Period will commence after the end of Deferment Period. The deferment period will be PT minus PPT (in years) Benefits will vary depending on the plan option chosen

Indian households prioritise capital growth over liquidity. They accumulate corpus on paper but lack accessible cash flow for goals that arrive earlier than retirement — children's schooling, home, parental medical costs, or lifestyle upgrades.

A savings plan which provides you with a life cover, a return of premium and an early or regular income solves three problems simultaneously:

• Availability of cash deployable for any immediate life goal.
• Long-term capital preservation through Enhanced Return of Premium at the end of the Income Period
• Life Cover ensures the income stream continues for your family even in your absence.

Bajaj Life Assured Wealth Goal Platinum delivers all three in a single contract.

Premiums paid are also eligible for tax deduction as per prevailing Section 11 (read with Schedule II, Sr.No.2) and Section 123 (under old tax regime) of the Income Tax Act shall apply.

You can enhance your base policy with riders that add extra protection at an extra cost, based on your needs.

Here are the Riders available:

1. Bajaj Accidental Death Benefit Rider
   Provides an additional payout over and above your base life cover in case of death due to an accident.
2. Bajaj Accidental Permanent Total/Partial Disability Benefit Rider
   Offers financial support if an accident leads to disability, as defined in the rider document.
3. Bajaj Life Family Protect Rider
   Ensures financial support for your spouse, regular lifelong income for your parents, and funding your child’s education beyond the base policy.
4. Bajaj Life New Waiver of Premium Rider
   Future premiums under the base policy are waived on the life assured’s death, accidental disability, or critical illness — keeping the Guaranteed¹ Early Income stream intact.
5. Bajaj Life New Critical Illness Benefit Rider
   Provides a lump sum payout on diagnosis of up to 60 critical illnesses like cancer, heart conditions, etc.
6. Bajaj Life Care Plus Rider Non-Linked
   A Non-Participating, Non-Linked pure risk health rider that supports your health journey while financially protecting you against unforeseen medical conditions.

You can choose riders based on your work profile and financial responsibilities.