Product Proposal for securing your Life Goals

Bajaj Allianz Life

Smart Protection Goal
A Non Linked, Non Participating, Pure Life Term Insurance Plan
UIN: 116N174V02

Hi Mr. Sanjeet,

Congratulations on taking the first step towards securing your Life Goals with Bajaj Allianz Life Insurance.

You have opted for Bajaj Allianz Life Smart Protection Goal, a term plan, which provides:

Key Features

Comprehensive Option to get back your Critical Illness Benefit Whole Life Cover Tax Benefits
Life Cover total premiums paid as Option Option
Maturity benefit
 Here's your illustration of Bajaj Allianz Life Smart Protection Goal

(37 years)

Age 23 60 99

(76 years)

You Pay You Get

Premium Life Insurance Cover ₹ 50,00,000
Including discounts (if any) and excluding GST From age 23 to 99

First year ₹ 648 Monthly

Second year onwards ₹ 718 Monthly

First Year Premium Discounts ( signifies Applicable | signifies Not-applicable )

Salaried Discount Insurance for All Discount

(5%) (5% discount for first time life insurance buyers)

Additional Coverages ( signifies Opted | signifies Not-opted )

2
Critical Illness Benefit Return of Premiums
on Maturity

^P r emiums ar e payable at the beginning o f year . P r o duc t featur es mentio ned abo ve ar e dependent o n benefit c ho s en.
P r emiums /Benefits ar e dependent o n the P o lic y ter ms , P r emium payment ter ms availed alo ng with o ther var iable fac to r s .
T he abo ve benefi ts /r etur ns s ho wn in the do c ument ar e fo r illus tr ative pur po s e o nly & mus t be r ead in c o njunc tio n with the Benefi t Illus tr atio n. Fo r mo r e details o n r is k
fac to r s , ter ms and c o nditio ns pleas e r ead s ales br o c hur e & po lic y do c ument (available o n www.bajajallianzlife.c o m) c ar efully befo r e c o nc luding a s ale.
T ax benefits as per pr evailing Inc o me tax laws s hall apply. P leas e c hec k with yo ur tax c o ns ultant fo r eligibility.
 Why Bajaj Allianz Life

Total Asset Under Net Worth Number of Lives

Managment (AUM) Covered

Individual Claim Get 1 day claim As against IRDAI

settlement Ratio Approval mandated 150%

*All figures as on 31 March 2023

For more details please refer to Company Factsheet
https://www.bajajallianzlife.com/content/dam/balic/pdf/financialinformation/Factsheet/none/Q1/Factsheet-FY-2022-2023.pdf

3
Bajaj A llianz L ife Insurance Co.L td., CIN : U66010P N 2001P L C015959 | IRDA I Reg.N o. 116 BEW ARE OF SPURIOUS PHONE CALLS AND FICTITIOUS /
Mail us: [email protected] | Call on: T oll free no. 1800 209 7272 FRADULENT OFFERS -
Registered O ffice A ddress: Bajaj A llianz House, A irport Road, Yerawada, P une - 411006, IRDAI is not involved in activities like selling insurance policies,
Maharashtra announcing bonus or investment of premiums. Public
T he L ogo of Bajaj A llianz L ife Insurance Co. L td. is provided on the basis of license given receiving such phone calls are requested to lodge a police
by Bajaj Finserv L td.to use its "Bajaj" L ogo and A llianz SE to use its "A llianz" logo. complaint.
Quotation No : 50041208190

Bajaj Allianz Life Smart Protection Goal

A Non-Linked, Non-Participating, Individual Life Insurance Term Plan

Name of the Prospect/ Sanjeet Kumar Proposal No

Policyholder:
Age 23 years
Name of the Product: Bajaj Allianz Life Smart Protection Goal
Gender Male
Name of Life Assured Sanjeet Kumar Tag Line A Non-Linked, Non-Participating, Individual Life
Insurance Term Plan
Age 23 years
UIN: 116N174V02
Gender Male
Policy Term 76 years GST Rate (First Year): 18.00%
Premium Payment Term 37 years GST Rate (Second Year 18.00%
onwards):
Amount of Instalment Rs.764 Tobacco user No
Premium (including GST)
Mode Monthly Premium Category Medical
This benefit illus tra tion is intended to s how yea r-wis e premiums pa ya ble a nd benefits under the Policy

Policy Details
Sum Assured (Rs.) 50,00,000
Sum Assured on Death (at inception of the policy)(Rs.) 50,00,000
Maturity Benefit (Rs.) 0

Add-On Benefits Selected/Not Selected Sum Assured PT PPT

Critical illness Benefit No NA NA NA

Premium Summary
Particulars Base Plan Critical Illness Total Instalment Premium
Benefit
Instalment Premium (Including Premium for Add-ons) without GST 718 0 718
Salary Rebate, If available 36 0 36
Insurance for All Discount, If available 34 0 34
Geographical Extra 0 0 0
Instalment Premium without GST after discounts, if applicable 648 0 648
Instalment Premium with GST after discounts, if applicable (First Year only) 764 0 764
Instalment Premium with GST 2nd Year Onwards 847 0 847

Benefit Summary (Amount in Rupees)

Guaranteed Non-Guaranteed
Policy Annualised
Year Premium Survival Maturity Death Min. Guaranteed Surrender Value Special Surrender Value Surrender Value
Benefits Benefit Benefit (GSV) (SSV) Receivable
1 7,774 0 0 50,00,000 0 0 0
2 8,614 0 0 50,00,000 0 0 0
3 8,614 0 0 50,00,000 0 0 0
4 8,614 0 0 50,00,000 0 0 0
5 8,614 0 0 50,00,000 0 0 0
6 8,614 0 0 50,00,000 0 0 0
7 8,614 0 0 50,00,000 0 0 0
8 8,614 0 0 50,00,000 0 0 0
9 8,614 0 0 50,00,000 0 0 0

1
Quotation No : 50041208190

Benefit Summary (Amount in Rupees)

Guaranteed Non-Guaranteed
Policy Annualised
Year Premium Survival Maturity Death Min. Guaranteed Surrender Value Special Surrender Value Surrender Value
Benefits Benefit Benefit (GSV) (SSV) Receivable
10 8,614 0 0 50,00,000 0 0 0
11 8,614 0 0 50,00,000 0 0 0
12 8,614 0 0 50,00,000 0 0 0
13 8,614 0 0 50,00,000 0 0 0
14 8,614 0 0 50,00,000 0 0 0
15 8,614 0 0 50,00,000 0 0 0
16 8,614 0 0 50,00,000 0 0 0
17 8,614 0 0 50,00,000 0 0 0
18 8,614 0 0 50,00,000 0 0 0
19 8,614 0 0 50,00,000 0 0 0
20 8,614 0 0 50,00,000 0 0 0
21 8,614 0 0 50,00,000 0 0 0
22 8,614 0 0 50,00,000 0 0 0
23 8,614 0 0 50,00,000 0 0 0
24 8,614 0 0 50,00,000 0 0 0
25 8,614 0 0 50,00,000 0 0 0
26 8,614 0 0 50,00,000 0 0 0
27 8,614 0 0 50,00,000 0 0 0
28 8,614 0 0 50,00,000 0 0 0
29 8,614 0 0 50,00,000 0 0 0
30 8,614 0 0 50,00,000 0 0 0
31 8,614 0 0 50,00,000 0 0 0
32 8,614 0 0 50,00,000 0 0 0
33 8,614 0 0 50,00,000 0 0 0
34 8,614 0 0 50,00,000 0 0 0
35 8,614 0 0 50,00,000 0 0 0
36 8,614 0 0 50,00,000 0 0 0
37 8,614 0 0 50,00,000 0 0 0
38 0 0 0 50,00,000 0 0 0
39 0 0 0 50,00,000 0 0 0
40 0 0 0 50,00,000 0 0 0
41 0 0 0 50,00,000 0 0 0
42 0 0 0 50,00,000 0 0 0
43 0 0 0 50,00,000 0 0 0
44 0 0 0 50,00,000 0 0 0
45 0 0 0 50,00,000 0 0 0
46 0 0 0 50,00,000 0 0 0
47 0 0 0 50,00,000 0 0 0
48 0 0 0 50,00,000 0 0 0
49 0 0 0 50,00,000 0 0 0
50 0 0 0 50,00,000 0 0 0
51 0 0 0 50,00,000 0 0 0
52 0 0 0 50,00,000 0 0 0
53 0 0 0 50,00,000 0 0 0
54 0 0 0 50,00,000 0 0 0
55 0 0 0 50,00,000 0 0 0
56 0 0 0 50,00,000 0 0 0
57 0 0 0 50,00,000 0 0 0
58 0 0 0 50,00,000 0 0 0
59 0 0 0 50,00,000 0 0 0
60 0 0 0 50,00,000 0 0 0
61 0 0 0 50,00,000 0 0 0
62 0 0 0 50,00,000 0 0 0
63 0 0 0 50,00,000 0 0 0
64 0 0 0 50,00,000 0 0 0
65 0 0 0 50,00,000 0 0 0
66 0 0 0 50,00,000 0 0 0
67 0 0 0 50,00,000 0 0 0
68 0 0 0 50,00,000 0 0 0
69 0 0 0 50,00,000 0 0 0
70 0 0 0 50,00,000 0 0 0
71 0 0 0 50,00,000 0 0 0
72 0 0 0 50,00,000 0 0 0
73 0 0 0 50,00,000 0 0 0
74 0 0 0 50,00,000 0 0 0
75 0 0 0 50,00,000 0 0 0
76 0 0 0 50,00,000 0 0 0

Notes & Disclaimers:

1. The above informa on must be read in conjunc on with Sales Literature & Policy document. In case of any conflict between this benefit

2
Quotation No : 50041208190

illustration and your policy document, the latter shall prevail.

2. The Annualized Premium is exclusive of taxes, underwriting extra premium and loadings for modal premiums if any
3. Benefit Option - Life Cover*
* This cover will be available with or without ROP. If ROP feature is chosen, then, ROP will be applicable to the premium paid w.r.t. the variant
and any add-on cover opted for.
4. Add-On Cover
Critical Illness Benefit (CIB): On the occurrence of CI to life assured during the CIB cover period.
5. The benefits illustrated are as of at end of the year
6. Sum Assured on Death - For Regular Premium and Limited Premium: Sum Assured on Death is defined as the higher of (a) 10 Times
Annualized Premium*, (b) 105% of total premiums paid* till date of death, (c) Sum Assured (or prevailing sum assured, if applicable),
* Annualised Premium -Total Premium/s payable in a Policy Year, excluding any Extra Premium, and GST, if any.
7. Tax benefits under the policy will be as per the prevailing Income Tax laws. We recommend that you seek professional advice for
applicability of tax benefit on premiums paid and benefits received.
8. For any further clarification, contact our sales representative or e-mail us on [email protected]
I, ___ ____, have explained the premiums, charges and benefits I, ___ Sanjeet Kumar _____ , having received the informa on with
under the policy fully to the prospect / policyholder. respect to the above, have understood the above statement before
entering into the contract.

Place:
Date: Signature of Agent/ Intermediary/ Official Date: Signature of Prospect / Policyholder

Bajaj Allianz Life Insurance Co. Ltd.,

Bajaj Allianz House, Airport Road, Yerawada, Pune - 411006. Reg No.: 116.
Tel:(020) 66026777.
Email: [email protected]
www.bajajallianzlife.com