Bajaj Allianz Capital Goal Suraksha Plan

Bajaj Allianz Life Capital Goal Suraksha is a solution that diversifies the investment of the insured person not only to secure his/her invested amount but also to offer the potential of better returns along with life cover. This plan becomes even more important when one is planning for his/her long-term Life Goals so that when he/she is close to achieving them, he/she can be immune to the uncertainties of life. This plan has the potential to offer better returns and is very easy to understand. To know more about this plan, have a look at the following mentions.

Eligibility Criteria

Age at entry	Minimum – 18 years Maximum – 55 years
Age at maturity	Minimum – 28 years Maximum – 65 years
Policy term	10 years and 15 years
Premium paying term	7 years and 10 years
Premium payment frequency	Yearly, Half yearly, Quarterly, and Monthly

What are the key highlights of Bajaj Allianz Life Capital Goal Suraksha?

This plan has come up with a sack full of benefits and facilities. Some of the important mentions are as follows.

Option of limited premium payment term:

The insured person can opt for a limited premium payment term between 7 years and 10 years.

Guaranteed returns:

This combo solution guarantees the capital invested at maturity.

Potential for better returns:

The ULIP exposure in the combo solution provides the potential for better returns.

Life cover:

The combo solution provides death benefits to the life assured till maturity.

How does Bajaj Allianz Life Capital Goal Suraksha work?

Mr. Agarwal, a 30-year-old businessman purchased Bajaj Allianz Life Capital Goal Suraksha Plan for himself. Let us find out what benefits he will reap from the policy for the given data.

Data	Details
Age	30 years
Policy term	15 years
Premium payment term	10 years
Total premiums paid	Rs. 15 lakhs
Guaranteed benefit	Rs.15,00,427
Non-guaranteed benefit	@4% – Rs. 8,83,007 @8% – Rs. 13,19,504
Total benefit	@4% – Rs. 23,83,434 @8% – Rs. 28,19,931
The death benefit on 7th year	Rs. 15 lakhs

Buying Process of Bajaj Allianz Life Capital Goal Suraksha

Probus Insurance is an IRDAI-certified insurance provider through which one can buy this policy by following the below steps.

Go to the official website of Probus Insurance.

On the right side, there will be the WhatsApp icon. Click on that.

On the landing page, click on the Continue to Chat option.

You will be directed to a new page. click on the Get Started option.

Scan the QR code from your WhatsApp application on your device.

There one can talk with the customer executives to buy this product.

Or else, one can call the customer care number of the Probus Insurance Company. Their customer executives are experienced enough to guide you through the buying process of this policy seamlessly, without any effort. In that case, one needs certain documents such as a valid ID card, address proof, bank details, and any other documents as requested by the company.

Frequently Asked Questions

1. When will the risk cover commence under this policy?

Risk cover will commence immediately on the date of commencement of risk of the policy.

2. What is the condition for quarterly and monthly payment frequency for this policy?

Quarterly & Monthly premium payment frequency will be allowed only under the auto-debit process (as per the approved RBI facilities)

3. Is there any tax benefit under Bajaj Allianz Life Capital Goal Suraksha Policy?

The tax benefit under this policy would be applied to the premium paid and benefits received as per the prevailing income tax laws.

4. Is there any surrender benefit available under this plan?

There is a surrender benefit available under this plan.

5. How can I check Bajaj Allianz Life Capital Goal Suraksha Policy status?

The policy status for this policy can be checked by logging into the online customer portal under the company. This can be done either by visiting the official website of the company or using the mobile app of the insurer.