Bajaj Life Guaranteed Pension Goal

With the advent of technology, our lifestyle goals have upgraded. Today we use gadgets, appliances and services which were not there 2-3 decades ago. Who knows what is in store for us in the next 2-3 decades? Hence, it is important for us to have a guarantee that our lifestyle goals are done even in our second innings of life- retirement. Presenting Bajaj Allianz Life Guaranteed Pension Goal which assures your Lifestyle goals by giving guaranteed income throughout life as per your choice and need.

Features & Benefits

Key benefits of the Bajaj Life Guaranteed Pension Goal

Guaranteed^ lifelong regular income

  • The plan offers a guaranteed regular income, throughout life as per your choice and need (yearly/half-yearly/quarterly/monthly)
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Return of purchase price

  • Option to receive your invested amount back as return of purchase price (ROP) on death or as survival benefit.

Joint life option

  • You can include your spouse in the annuity plan with 50% or 100% annuity payable to your spouse after your death.

Deferred annuity with rate guarantee at inception

  • The plan offers both immediate and deferred annuity options. In the deferred annuity option,
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Multiple annuity options to choose from

  • Bajaj Life Guaranteed Pension Goal offers you nine immediate annuity options and
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Multiple premium paying options^

  • Under deferred annuity options, you can opt for single premium or regular/limited premium option for 5 to 10 years.
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Bajaj Allianz Life Guaranteed Pension Goal Steps to buy

Bajaj Life Guaranteed Pension Goal - Steps to buy

  • 01

    Choose Deferred or Immediate Annuity option.

  • 02

    Enter the Purchase price you wish to pay or the Annuity you wish to receive.

  • 03

    Choose the Annuity payout frequency.

  • 04

    Receive Annuity payouts as per chosen frequency.

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Financial support for a future

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Frequently Asked Questions

It all depends on the frequency of annuity payment you choose. Pension Guarantee has four annuity frequency options – monthly, quarterly, half-yearly and yearly. For instance, if you opt for the monthly option, your annuity starts a month after the policy commences.

It depends on the annuity option you have opted for. If you choose the joint life last survivor option, then your spouse would continue to receive annuity benefits even after your death.

Pension Guarantee has the option of returning the purchase price (or the money invested) after the death of the Life Assured. Depending upon the annuity option opted for, on the death of the life assured, the invested amount initially in the policy is paid back to the nominee/legal heir.

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