Product Proposal for achieving your Life Goals

Bajaj Allianz Life

Smart Protection Goal
A Non-Linked, Non-Participating, Individual Life Insurance Term Plan
UIN: 116N174V03

Hi Mr. MANISH,

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
(40 years)

Age 40 80

(40 years)

You Pay You Get

Premium Life Insurance Cover ₹ 2,00,00,000
Including discounts (if any) and excluding GST From age 40 to 80
First year ₹ 40,468 Yearly

Second year onwards ₹ 44,840 Yearly

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 )

Critical Illness Benefit Return of Premiums

on Maturity

2
^Premiums are payable at the beginning of year. Product features mentioned above are dependent on benefit chosen.
Premiums/Benefits are dependent on the Policy terms, Premium payment terms availed along with other variable factors.
The above benefits/returns shown in the document are for illustrative purpose only & must be read in conjunction with the Benefit Illustration. For more details on risk factors,
terms and conditions please read sales brochure & policy document (available on www.bajajallianzlife.com) carefully before concluding a sale.
Tax benefits as per prevailing Income tax laws shall apply. Please check with your tax consultant for eligibility.
 Why Bajaj Allianz Life

Total Asset Net Worth Number of

Under Lives
Managment Covered
(AUM)

Individual Get 1 day As against

Claim claim IRDAI
settlement Approval mandated
Ratio 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 : 60042128736

Bajaj Allianz Life Smart Protection Goal

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

Name of the Prospect/ MANISH KUMAR Proposal No

Policyholder:
Age 40 years
Name of the Product: Bajaj Allianz Life Smart Protection Goal
Gender Male
Name of Life Assured MANISH KUMAR Tag Line A Non-Linked, Non-Participating, Individual Life
Insurance Term Plan
Age 40 years
UIN: 116N174V03
Gender Male
Policy Term 40 years GST Rate (First Year): 18.00%
Premium Payment Term 40 years GST Rate (Second Year 18.00%
onwards):
Amount of Instalment Rs.47,753 Tobacco user No
Premium (including GST)
Mode Yearly 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.) 2,00,00,000
Sum Assured on Death (at inception of the policy)(Rs.) 2,00,00,000
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 44,840 0 44,840
Salary Rebate, If available 2,242 0 2,242
Insurance for All Discount, If available 2,130 0 2,130
Geographical Extra 0 0 0
Instalment Premium without GST after discounts, if applicable 40,468 0 40,468
Instalment Premium with GST after discounts, if applicable (First Year only) 47,753 0 47,753
Instalment Premium with GST 2nd Year Onwards 52,911 0 52,911

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 40,468 0 0 2,00,00,000 0 0 0
2 44,840 0 0 2,00,00,000 0 0 0
3 44,840 0 0 2,00,00,000 0 0 0
4 44,840 0 0 2,00,00,000 0 0 0
5 44,840 0 0 2,00,00,000 0 0 0
6 44,840 0 0 2,00,00,000 0 0 0
7 44,840 0 0 2,00,00,000 0 0 0
8 44,840 0 0 2,00,00,000 0 0 0
9 44,840 0 0 2,00,00,000 0 0 0
10 44,840 0 0 2,00,00,000 0 0 0

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Quotation No : 60042128736

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
11 44,840 0 0 2,00,00,000 0 0 0
12 44,840 0 0 2,00,00,000 0 0 0
13 44,840 0 0 2,00,00,000 0 0 0
14 44,840 0 0 2,00,00,000 0 0 0
15 44,840 0 0 2,00,00,000 0 0 0
16 44,840 0 0 2,00,00,000 0 0 0
17 44,840 0 0 2,00,00,000 0 0 0
18 44,840 0 0 2,00,00,000 0 0 0
19 44,840 0 0 2,00,00,000 0 0 0
20 44,840 0 0 2,00,00,000 0 0 0
21 44,840 0 0 2,00,00,000 0 0 0
22 44,840 0 0 2,00,00,000 0 0 0
23 44,840 0 0 2,00,00,000 0 0 0
24 44,840 0 0 2,00,00,000 0 0 0
25 44,840 0 0 2,00,00,000 0 0 0
26 44,840 0 0 2,00,00,000 0 0 0
27 44,840 0 0 2,00,00,000 0 0 0
28 44,840 0 0 2,00,00,000 0 0 0
29 44,840 0 0 2,00,00,000 0 0 0
30 44,840 0 0 2,00,00,000 0 0 0
31 44,840 0 0 2,00,00,000 0 0 0
32 44,840 0 0 2,00,00,000 0 0 0
33 44,840 0 0 2,00,00,000 0 0 0
34 44,840 0 0 2,00,00,000 0 0 0
35 44,840 0 0 2,00,00,000 0 0 0
36 44,840 0 0 2,00,00,000 0 0 0
37 44,840 0 0 2,00,00,000 0 0 0
38 44,840 0 0 2,00,00,000 0 0 0
39 44,840 0 0 2,00,00,000 0 0 0
40 44,840 0 0 2,00,00,000 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
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, ___ MANISHKUMAR _____ , 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.

O.X.S
Quotation No : 60042128736

Tel:(020) 66026777.
Email: [email protected]
www.bajajallianzlife.com

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