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Bajaj Allianz Life LongLife Goal

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  • Buying for

Additional Details

  • DOB :
  • Email :

Life Assured Info

  • Name :
  • Mobile :
  • Gender :
  • Residential Status :
  • +91

Investment Info

  • Amount to Invest :
  • Sum Assured :
  • Policy Term :
  • Payment Term :
  • Mode Of Premium :
  • Retired Life Income Amount:
  • Life Cover Multiplier : 10

Add On/ Riders Info

  • WOP:
  • This rider waives off all future premiums to keep the policy in force when you are incapacitated to pay the premium owing to physical disability.

Fund Allocation (Optional)

  • Fund Strategy :

Market fall creates opportunities to invest

  • Pure Stock Fund
    Event Timeline Return during Event Return Post One
    Year Of Event
    Global Recession Jan'08 - Dec'08 -36.8% 86.0%
    Ebola Outbreak Nov'13 - Jan'14 1.08% 68.2%
    Zika Nov'15 - Feb'16 -26.20% 24.9%

Past performance data displayed on previous page is for

 Fund Performance Data

 High Risk High Return  Moderate Risk  Low Risk
FUND NAME
YTD
5 YEAR
7 YEAR
10 YEAR
 Nifty 200 Alpha 30 Index Fund To generate long-term capital appreciation from a portfolio that is aligned to constituents of index which consists of 30 stocks selected from top 200 stocks.
0.69 %
22 %
21.19 %
20.41 %
 Bond Fund The investment objective of this fund is to provide accumulation of income through investment in high quality fixed income securities
0.35 %
6.79 %
6.99 %
7.86 %
 Liquid Fund The objective of this fund is to have a fund that aims to protect the invested capital through investments in liquid money market and short-term instruments
0.85 %
5.49 %
6 %
6.47 %
 Pure Stock Fund The investment objective of this fund is to specifically exclude companies dealing in Gambling, Contests, Liquor, Entertainment (Films, TV etc.), Hotels, Banks and Financial Institutions.
N.A
12.07 %
13.89 %
14.34 %
 Equity Growth Fund II The investment objective of this fund is to provide capital appreciation through investment in selected equity stocks that have the potential for capital appreciation.
N.A
12.07 %
13.89 %
14.34 %
 Accelerator Mid-Cap Fund II The investment objective of this fund is to achieve capital appreciation by investing in a diversified basket of mid cap stocks and large cap stocks.
N.A
25.4 %
20.79 %
19.2 %
 Bluechip Equity Fund The investment objective of this fund is to provide capital appreciation through investment in equities forming part of NSE NIFTY.
N.A
12.07 %
13.89 %
14.34 %
 Asset Allocation Fund II The investment objective of this fund will be to realize a level of total income, including current income and capital appreciation, which is consistent with reasonable investment risk. The investment strategy will involve a flexible policy for allocating assets among Future Gain equities, bonds and cash. The fund strategy will be to adjust the mix between these asset classes to capitalize on the changing financial markets and economic conditions. The fund will adjust its weights in equity, debt and cash depending on the relative attractiveness of each asset class.
N.A
12.86 %
11.34 %
10.5 %
 Pure Stock Fund II The investment objective of this fund is to specifically exclude companies dealing in Gambling, Contests, Liquor, Entertainment (Films, TV etc.), Hotels, Tobacco & Tobacco related.
N.A
12.07 %
13.89 %
14.34 %
 Flexi Cap Fund To achieve capital appreciation by investing in a diversified basket of stocks across market capitalizations i.e. Large cap, mid cap and small cap
N.A
13.48 %
14.88 %
15.03 %
 Sustainable Equity Fund To focus on investing in select companies from the Investment universe, which conduct business in socially and environmentally responsible manner while maintaining governance standards.
N.A
12.25 %
14.73 %
15.28 %
 Small Cap Fund To achieve capital appreciation by investing in a diversified basket of predominantly small cap stocks.
N.A
15.78 %
16.45 %
14.78 %
 Dynamic Asset Allocation Fund The investment objective of this fund will be to realize a steady stream of current income and as well as generate capital appreciation with appropriate risk and return expectations of the asset classes. The investment strategy would involve a flexible asset allocation among fixed income and equity securities based on the outlook for each of these asset classes.
N.A
6.75 %
6.66 %
7.99 %
 Midcap Index Fund To generate superior risk-adjusted returns by investing in a combination of mid cap stocks (forming part of the mid cap index) and highly rated bond instruments.
N.A
21.09 %
18.28 %
19.96 %
 SmallCap Quality Index Fund To provide capital appreciation through investment in equities forming part of Nifty SmallCap 250 Quality 50 Index.
N.A
23.7 %
19.2 %
16.1 %
 Nifty Alpha 50 Index Fund To provide capital appreciation through investment in equities forming part of Nifty Alpha 50 Index.
N.A
18.9 %
21.9 %
20.3 %
 Nifty 200 Momentum 30 Index Fund The investment objective of the fund is to provide capital appreciation through investment in equities forming part of Nifty 200 Momentum 30 Index.
N.A
16.96 %
17.33 %
19.28 %
 Nifty 500 Multicap Momentum Quality 50 Index Fund To provide capital appreciation through investment in equities forming part of Nifty 500 Multicap Momentum Quality 50 Index
N.A
17.92 %
22.3 %
17.69 %
 Nifty 500 Multifactor 50 Index Fund To provide capital appreciation through investment in equities forming part of Nifty 500 Multifactor MQVLv 50 Index.
0.16 %
21.6 %
13.24 %
18.4 %
 BSE 500 Enhanced Value 50 Index Fund To provide capital appreciation through investment in equities forming part of BSE 500 Enhanced Value 50 Index.
4.91 %
29.2 %
22.9 %
18 %
 BSE 500 Dividend Leaders 50 Index Fund The BSE 500 Dividend Leaders 50 Index measures the performance of companies in the BSE 500 Index that have consistently paid dividends.
N.A
31.36 %
23.43 %
18.5 %
 India Consumption Fund To achieve capital appreciation by investing in a diversified basket of equity and equity related instruments of companies in consumption and allied sectors.
N.A
14.87 %
14.57 %
14.44 %
 Focused 25 Fund To achieve capital appreciation by investing in concentrated basket of up to 25 stocks across market capitalizations, predominantly in large caps
N.A
16.39 %
12.48 %
12.65 %
 BSE 500 Quality 50 Index Fund To provide capital appreciation through investment in equities forming part of BSE 500 Quality 50 Index Fund.
N.A
23.1 %
21 %
N.A
 Opportunities Fund To achieve long-term capital appreciation by investing in a diversified basket of equity and equity related instruments of companies predominantly* from the top 250 companies by market capitalisation.
N.A
N.A
N.A
N.A

  Bajaj Allianz Life LongLife Goal

To ensure a comfortable and worry-free retirement, when your regular income stops, requires you to make smart investment choices during your early working years. Bajaj Allianz Life LongLife Goal, a non-participating, individual regular premium payment Unit Linked Insurance Plan, is one such product. It invests your money in an investment portfolio selected by you and provides for market linked returns over long-term, to help you accumulate a healthy retirement corpus.

 Benefits

  • Opt for Retired Life Income to meet Retirement Goals
  • Whole of Life Insurance Cover
  • Retired Life Income till age 99 years with Return Enhancer
  • Periodical Return Of Life Cover charges
  • Loyalty Additions every year from 5th Policy Year till 25 Policy Year
  • Choice of 2 plan variants : LongLife Goal without Waiverof Premium & LongLife Goal with Waiver of Premium
  • Periodical Return of Waiver of Premium charges
  • Choice of 3 investment portfolio strategies
  • Choice of ten (10) funds

 Key Features

  • Retired Life Income till age 99 years

    You can opt for systematic withdrawal of the funds once you reach the age of 55 years or the policy has completed 10 years, whichever is later. You can also choose the amount to be withdrawn every year i.e. between 0-12% of the fund value. The amount withdrawn can be paid monthly, quarterly, half-yearly or annually. Each installment is increased by 0.5% over and above the percentage chosen by you as an additional benefit which is called as Return Enhancer. Depending on the options you choose, you can start getting regular income, from the age of 55 years, which will allow you to live comfortably post your retirement.
  • Cover for whole life

    Even though you pay a premium for a limited term. i.e. minimum of 10 years & maximum of 25 years, the policy covers your life till you reach the age of 99 years. Bajaj Allianz Life LongLife Goal ULIP provides whole life insurance cover which means that your family members will be able to achieve their life goals even if you are not around.
  • Periodical Return of life cover charges

    The mortality (life cover) charges i.e. the charge deducted from the premium amount to provide life cover to the life assured - are returned periodically as PROMC. The PROMC is paid after the life assured attains 60 years of age or completed 15 policy years, whichever is later, and subsequently every 10th policy year from thereon and then at maturity. This significantly adds to your retirement corpus, enabling you to enjoy a fun-filled retired life.
  • Loyalty additions

    It pays to stay longer in the policy. From the end of 5th year till the 25th policy year, the plan gives a certain percentage of one annualized premium as loyalty additions every year. The loyalty additions start from 2% per year and can go as high as 7% per year.
    Loyalty Additions (% of One Annualized Premium)
    Year Percentage
    From the end of 5 year till end of 9 year 2% every year
    From the end of 10 year till end of 14 year 4% every year
    From the end of 15 year till end of 19 year 6% every year
    From the end of 20 year till end of 25 year 7% every year
  • Premium waiver option

    This ULIP plan comes in two variants - LongLife Goal with waiver of premium option and LongLife Goal without waiver of premium. Waiver of premium option : If the Life Assured and Policyholder are the same in case of Accidental Permanent Total Disability during the Premium Payment Term, all future premiums are waived off, and the policy continues with all the benefits.If the Life Assured and Policyholder are not the same, in case of death or Accidental Permanent Total Disability of the Policyholder during the Premium Payment Term, all future premiums are waived off, and the policy continues with all benefits.Waiver of Premium is not applicable under LongLife Goal without Waiver of Premium variant.
  • Periodical Return of waiver of Premium charges

    If you have opted for LongLife Goal with waiver of premium, the total amount of Waiver of Premium charges deducted in the Policy, will be added back as Periodical Return of Waiver of Premium Charge, to the Fund Value at regular intervals.
  • Option of three investment portfolio strategies

    The fund offers three different investment strategies to choose from - Investor Selectable Portfolio Strategy, Wheel of Life Portfolio Strategy II and Trigger Based Portfolio Strategy. You can opt for one depending on your risk appetite.
  • Unlimited free switch option

    For those opting for Investor Selectable Portfolio Strategy, this ULIP plan allows unlimited free switches between the ten fund options available.
  • Option of Partial Withdrawal

    After the completion of 5th policy year the investor can partially withdraw a minimum of Rs 5,000 any time during the policy years, Subject to fund value after withdrawal not falling below value equal to 105% * annualized premium * premium paying term.
  • Tax benefit

    The policy offers tax benefit on premium paid, Maturity Benefit, Death Benefit, partial withdrawal, Retired Life Income may be eligible for tax benefits as per prevailing Income Tax Act subject to the provision stated therein.

 Eligibility

Parameter Details
Minimum Entry Age Life Assured 0 years
Policyholder (LongLife Goal with Waiver Of Premium) 18 years
Policyholder (LongLife Goal without Waiver Of Premium)
Maximum Entry Age Life Assured 65 years
Policyholder (LongLife Goal with Waiver Of Premium)
Policyholder (LongLife Goal without Waiver Of Premium) No limit
Minimum & Maximum Age at Maturity 99 years
Policy Term 99 minus Age at Entry of Life Assured  
Premium Payment Term (PPT) For age at Entry 0 to 6 years 12 to 25 years
For age at entry 7 years & above 10 to 25 years
Minimum Age at end of PPT Life Assured Policyholder
12 years 28 years
Maximum Age at end of PPT Life Assured Policyholder
Minimum Premium 75 years
Frequency Yearly Half-yearly Quarterly Monthly
Premium 25,000 12,500 6,250 2,500
Quaterly & Monthly premium payment frequency will be available under auto-debit options as approved by RBI
Maximum Premium No limit
As per maximum Sum Assured and Board Approved Underwriting Policy
Premium Payment Frequency Yearly, Half-yearly, Quarterly and Monthly
Minimum & Maximum Sum Assured
Age Higher of
Less than 45 years 10 times Annualized Premium 0.5* (70 - Age at Entry)* Annualized Premium
Greater than or equal to 45 years 10 times Annualized Premium 0.25* (70 - Age at Entry)* Annualized Premium
Total Premium   Monthly   Annual
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  • Long Life
  • 15
  • 15

  • Compound Interest at Current Market value
  • 15
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