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Bajaj Life Realizing Dreams Plus

A Non linked, Non Participating, Individual, Life Insurance Savings Plan

Flexibility: Decide how you’d like to receive your maturity benefits - as Income or Lumpsum
Early Liquidity: Early Income begins as early as the end of 1st policy year
Guaranteed* Benefits: Survival, Maturity and Death benefit are guaranteed
Goal Protection Benefit: By opting for this optional feature, you ensure that all your plan benefits continue
as intended – even if you’re not around.

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  • Overview

  • Downloads

  • Policy Benefits

Your Financial story unfolds over time- some chapters call for flexibility while others call for certainty and stability.

As priorities evolve, the way you plan must also evolve with them.

Presenting Bajaj Life Realising Dreams Plus, a non-linked, non-participating, individual life insurance, savings plan, a smarter way to support today’s needs, while staying true to tomorrow’s dreams.

Prospectus/Brochure

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Policy Document

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Customer Information Sheet

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  • Lumpsum

  • Income

Survival Benefit

  • Pay your premiums for the chosen period
  • Early Income as a percentage of Annualised Premium will be paid every year at the beginning of the 12th month of the policy year during the premium payment term (PPT)
  • Total number of early income payments will be equal to the chosen PPT
  • If monthly premium mode is selected, you will have an option to use the Early Income to adjust against the month premiums payable under the base policy to the extent of early income amount payable by the company

Survival Benefit will be payable if the policy is in-force, all due premiums are paid up to date and life assured is alive at each due date of survival benefit.

Maturity Benefit:

  • If all due premiums are paid and life assured is alive end of the policy term, you will receive Guaranteed Maturity Benefit (GMB) as lumpsum on maturity of the policy.
  • Your Policy will terminate at the end of the policy term, immediately & automatically.
  • Guaranteed Maturity Benefit (GMB%) is equal to Annualized Premium multiplied by Premium Payment Term (PPT)

Death Benefit (Goal Protection Benefit is not opted)

  • On Death of Life Assured, the Sum Assured on Death as on the date of death shall be payable to the nominee as a lumpsum.
  • Sum Assured on Death is Annualized Premium X Sum Assured multiple chosen.
  • At no time, the death benefit will be less than 105% of Total Premiums paid as on date of death, or the prevailing surrender value, whichever is higher.
  • The policy will terminate immediately & automatically on the date of death.

Death Benefit will be payable only if the policy is in-force as on the date of death and all due premiums are paid up to date

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Survival Benefit

  1. Early Income

    • Pay your premiums for the chosen period
    • Early Income as a percentage of Annualised Premium will be paid every year at the beginning of the 12th month of the policy year during the Premium Payment Term (PPT)
    • Total number of early income payments will be equal to the chosen PPT
    • If monthly premium mode is selected, you will have an option to use the Early Income to adjust against the month premiums payable under the base policy to the extent of early income amount payable by the company
  2. Regular Income

    • Regular Income as a percentage of Annualized Premium will be payable at the end of each year during the chosen Income Period.
    • Income Period will start after completion of deferment period
    • Regular Income will be payable in arrears during the entire Income Period
    • You will have a choice to plan your income start year by opting for a deferment period

Survival Benefit will be payable if the policy is in-force, all due premiums are paid up to date and life assured is alive at each due date of survival benefit.

Maturity Benefit

  • You will receive return of premiums (ROP), provided your policy is in-force, all due premiums have been paid and life assured is alive at the end of policy term.
  • The Policy will terminate at the end of the policy term, immediately & automatically.

Death Benefit (Goal Protection Benefit is not opted)

  • On Death of life assured during the policy term, the Sum Assured on Death (as on date of death) shall be payable to the nominee as a lumpsum.
  • Sum Assured on Death is Annualized Premium X Sum Assured multiple chosen.
  • At no time, the death benefit will be less than 105% of Total Premiums paid as on date of death, or the prevailing surrender value, whichever is higher.
  • The policy will terminate immediately & automatically on the date of death.

Death Benefit will be payable only if the policy is in-force as on the date of death and all due premiums are paid up to date

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Why Bajaj Life Insurance ?

99.33%
Claim Settlement Ratio~
1 Day
Claim Approval%
AAA
CARE Stable Rating$
₹1.34 Lakh Cr
Assets Under Management (AUM)**
3.47 Cr
Number of Lives Covered##
266%
Solvency Ratio of 266%^^^

Disclaimer:~Individual Death Claim Settlement Ratio for FY 2025-2026, as on 31st March, 2026 | %99.29% of non-investigative individual claims approved in one working day for FY 2024-25. 1 day is counted from date of intimation of claim before 3 PM on a working day (excluding Non-NAV days for ULIP) at Bajaj Life Insurance offices. 96% of non - investigative claims notified were processed within one day in FY’25 | $For details refer to press release published by  CARE | ***Asset under management (AUM) ₹1.34 lakh crore as on 31st March, 2026 | ^^^Solvency ratio 266% as at 31st March, 2026 IRDAI mandated 150%.| ##Individual and group, as on 31st March, 2026.

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Life Insurance Guide

  • Articles
  • Calculators

  • Videos

Unit Linked Insurance Plan or ULIP is a type of Life Insurance policy, which offers you dual benefits of insurance and investment. ULIP offers you

If you are investing for the first time, the chances are that you will be bombarded with advice and tips from your friends and relatives, or you might be

Unit Linked Insurance Plan or ULIP is a type of Life Insurance policy, which offers you dual benefits of insurance and investment. ULIP offers you

With the Underinsurance Calculator, check if your Life Cover is atleast 10x of your Annual Income.

Answer a few easy questions to calculate your Fixed Deposit Returns.

Calculate your NPS returns effortlessly with our simple to use NPS Calculator.

Plan your investments effortlessly and achieve your financial goals with our easy-to-use SIP Calculator.

Answer a few simple questions to know how prepared you are for your retirement.

A simple to use and comprehensive tool to plan for your child's education.

An easy to use Term Insurance calculator to determine the right life cover amount as per your needs.

Use this calculator to know how savings from regular expenses can help you achieve your Life Goals.

Get to know your Financial Fitness Score by answering few simple questions.

Use our immunity calculator to find out your immunity score in just a few clicks!

Know the amount to invest today to have the corpus to accomplish your Life Goals tomorrow.

Get an estimate of how much your investment will grow over a period of time.

Know your income tax based on the taxable income and explore Life Insurance plans to save more tax.

A simple to use calculator that helps you plan for fulfilling your Child's Life Goals.

Calculate the amount you need to invest today to accomplish your retirement life goals.

Answer a few simple questions to know estimated corpus you will have to fulfil your Life Goals.

Body Mass Index (BMI) is a measure to understand whether your body weight is healthy as per your height.

This video explores life insurance policy nominations, empowering informed decisions for securing your family's future

Know how Autopay simplifies the premium-paying process by eliminating the need for manual payments

Explore the management of life insurance processes with Policy Administration Charge in this video

Wondering about combining life insurance and long-term savings? Explore Endowment Plan benefits and suitability here

Discover how the waiver of premium provision can protect you from financial burdens in times of Death, critical illness or disability

Discover the importance of solvency ratio for insurance companies and its implications in this insightful video

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Customer Speaks

Happy with the services
I have invested in various products of Bajaj Life Insurance - I am happy with the services, returns and diversified product portfolio.
Rashmi Bhavnani
5
Satisfied, Trust
I am a happy customer who is satisfied with the after sales service. I have full trust in Bajaj Life Insurance Company.
Shrikant A Karande
5
Happy with the returns
I was introduced by my advisor to invest in Bajaj Life Insurance .I have invested in the same and am happy with the returns and services.
Kavita Goplani
5
Very Happy
I am a 7 year old customer of Bajaj Life Insurance and very happy about the services.
Dhruv Soni
5
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~~As on 30 June, 2025

Bajaj Life Realizing Dreams Plus - (UIN 116N243V01)

*Conditions Apply – The Guaranteed benefits are dependent on policy term, premium payment term availed along with other variable factors. For more details please refer to sales brochure.

**Tax benefits as per prevailing Section 10(10D) and Section 80C (under old tax regime) of the Income Tax Act shall apply. You are requested to consult your tax consultant and obtain independent advice for eligibility before claiming any benefit under the policy.

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Terms & Conditions

I hereby authorize Bajaj Life Insurance Limited. to call me on the contact number made available by me on the website with a specific request to call back. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) or on National Do Not Call Registry (NDNC), any call made, SMS or WhatsApp sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business

 

Please refer to Bajaj Life Privacy Policy

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Terms & Conditions

I hereby authorize Bajaj Life Insurance Limited. to call me on the contact number made available by me on the website with a specific request to call back. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) or on National Do Not Call Registry (NDNC), any call made, SMS or WhatsApp sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business

 

Please refer to Bajaj Life Privacy Policy

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Claim Settlement Ratio of 99.29%~