ULIP (Unit Linked Insurance Plan) is a life insurance plan that gives you two benefits at one time. One is life protection, and the other is wealth growth. A part of your premium provides insurance cover, while the remaining amount is invested in market-linked funds through which you can grow your money. By getting this plan, you can save money for important things such as for your child's education, marriage, buying a home, or retirement.
Bajaj Life Insurance offers you a variety of ULIP plans through which you not only get your life insured but also grow your money with market-linked investments. These plans are as follows:
1. Bajaj Life Goal Assure IV
The plan also offers loyalty additions from the 10th policy year, fund boosters at maturity, and returns the mortality charges at maturity. With the help of all these benefits, you can maximize your savings.
Key Points
Criteria | Details |
Age | Minimum: 0 YearsMaximum: 60 years |
Maturity Age | Minimum: 18 yearsMaximum: 75 years |
Policy term | 10 / 15 / 20 years |
Minimum Sum Assured | For age less than 50 years: 7 times the Annualized PremiumFor age more than 50 years: 5 times the Annualized Premium |
Maximum Sum Assured | Up to 20 times the Annualized Premium |
2. Bajaj Life Invest Protect Goal Plus
This plan offers market-linked returns, a lump sum maturity benefit, high life cover, loyalty additions from the 10th policy year, a guaranteed wealth booster at the end of the 15th policy year, return of mortality charges, and a fund maintenance booster. In case if the life assured dies, the nominee receives a death benefit as per the policy terms.
Key Points
Criteria | Details |
Age | Minimum:18YearsMaximum: 60 years |
Maturity Age | Minimum:38yearsMaximum: 100 years |
Policy term | Minimum: 20 yearsMaximum: 40 years |
Minimum Sum Assured | 7 times the Annualized Premium |
3. Bajaj Life GAIN
With the help of this plan, you can grow your money through market-linked investments while providing life insurance protection for your family. You can choose between the growth and secure options based on your needs. The plan also allows partial withdrawals after 5 years and provides a death benefit to support your family in your absence.
Key Points
Criteria | Details |
Age | Minimum:18YearsMaximum: 60 years |
Maturity Age | Minimum:18yearsMaximum: 75 years |
Policy term | Minimum: 15yearsMaximum: whole life |
Minimum Sum Assured | For age less than 50 years: 7 times the Annualized PremiumFor age more than 50 years: 5 times the Annualized Premium |
Maximum Sum Assured | Up to 15 times the Annualized Premium |
4. Bajaj Life Magnum Fortune Plus II
In this plan, you can choose between portfolio strategies. You can avail various benefits like loyalty additions, maturity booster, return of mortality charges, flexible premium options, and tax benefits (as per applicable laws). You can easily grow your money for the future while keeping your family financially protected.
Key Points
Criteria | Details |
Age | Minimum:0YearsMaximum: 65 years |
Maturity Age | Minimum:18yearsMaximum: 75 years |
Minimum Premium Amount | Rs.48,000 Annually |
Minimum Sum Assured | 7 times the Annualized Premium |
Maximum Sum Assured | Up to 40 times the Annualized Premium |
5. Bajaj Life Future Wealth Gain IV
The plan offers Return of mortality charges, loyalty additions, maturity benefits, and flexible fund options to support your long-term financial goals. It provides two portfolio strategies to match your investment needs and also offers optional rider benefits for additional protection.
Key Points
Criteria | Details |
Age | Minimum:0YearsMaximum: 60 years |
Maturity Age | Minimum:18yearsMaximum: 75 years |
Policy Term | Minimum: 10 yearsMaximum: 25 years |
Minimum Premium | Rs.12,000 annually |
Minimum Sum Assured | For age less than 50 years: 7 times the Annualized PremiumFor age more than 50 years: 5 times the Annualized Premium |
Maximum Sum Assured | Up to 40 times of Annualized Premium |
6. Bajaj Life Supreme Plan
You can choose from different investment funds and strategies based on your financial goals and risk levels. The plan offers loyalty additions, return of premium allocation charges, return of mortality charges, tax benefits (as per applicable laws), and partial withdrawals after the lock-in period.
Key Points
Criteria | Details |
Age | Minimum:0YearsMaximum: 70 years |
Maturity Age | Minimum 18 years |
Policy Term | 15, 20, 25, 30, 40 and Whole Life |
Minimum Sum Assured | For age less than 50 years: 7 times the Annualized PremiumFor age more than 50 years: 5 times the Annualized Premium |
Maximum Sum Assured | Up to 30 times of Annualized Premium |
Variants | Gold, Horizon, and Advantage |
7. Bajaj Life Goal Based Savings III
The plan provides you with an additional premium allocation in the first year, return of mortality charges up to 125% at maturity, and a wide range of funds with unlimited free switching options. It also provides liquidity through partial withdrawals after 5 years, no premium allocation or policy administration charges, and the option to receive maturity or death benefits in instalments.
Key Points
Criteria | Details |
Age | Minimum:0YearsMaximum: 60 years |
Maturity Age | Minimum:18yearsMaximum: 75 years |
Policy Term | 10 / 15 / 20 years |
Minimum Premium | Rs.12,000 annually |
Minimum Sum Assured | For age less than 50 years: 7 times the Annualized PremiumFor age more than 50 years: 5 times the Annualized Premium |
Maximum Sum Assured | Up to 10 times of Annualized Premium |
8. Bajaj Life Fortune Gain II
This plan offers up to 99.5% premium allocation, multiple fund options, and unlimited free switches to manage your investments. The plan provides loyalty additions and a systematic switching option to manage market fluctuations. You have also an option to receive your maturity benefit in instalments.
Key Points
Criteria | Details |
Age | Minimum:1YearMaximum: 63 years |
Maturity Age | Minimum:18yearsMaximum: 70 years |
Policy Term | Minimum: 7 yearsMaximum: 30 years |
Minimum Sum Assured | 7 times the Annualized Premium |
Maximum Sum Assured | Up to 40 times the Annualized Premium |
No, the ULIP returns are not guaranteed (unless specifically stated in the policy) as these are subject to market risks.
Bajaj Life ULIPs offer different fund options, such as equity funds, debt funds, and a combination of both, based on your choice.
Whole life ULIPs provide life coverage for an extended period, often up to 99 or 100 years of age, depending on the policy terms.
ULIPs can be mainly based on investment focus and policy features. It includes equity ULIPs, debt ULIPs, balanced fund ULIPs, child ULIPs, whole life ULIPs, and unit-linked pension plans.
In case of the policyholder’s death during the policy term, the nominee receives a death benefit, which is generally the higher of the sum assured or the fund value.

Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
Copyright © 2026 BankBazaar.com.