{"uin":"116L211V02","name":"Bajaj Life Supreme - Gold","url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02","insurer":{"slug":"bajaj-life-insurance","name":"Bajaj Life Insurance Limited","url":"https://indiainsurances.com/insurer/bajaj-life-insurance"},"line":"life","category":"ulip","category_name":"ULIPs (unit-linked plans)","irdai_type":null,"kind":"product","status":"active","approved_on":null,"withdrawn_on":null,"summary":"Bajaj Life Supreme Gold is a unit linked non-participating individual life savings insurance plan with a 5 year lock-in and a 30 day free-look period. Death benefit is the higher of Fund Value, 105% of premiums paid or Sum Assured, and maturity benefit is Fund Value.","analysis":{"state":"machine","analysed_at":"2026-10-20 00:43:51.881322+00","note":"First pass: one AI reading; every stated fact carries a verbatim quote found in the cited clause, but it has not been reviewed. Check the clause before relying on it."},"facts":[{"key":"plan_variants","label":"Plans and variants","section":"Overview","meaning":"The named plans inside this product (not cover types or payout options). Facts can differ between them.","status":"quote-verified","value":["Advantage","Builder","Classic","Diamond","Elite","Fortune","Gold","Horizon","Inspire"],"display":"Advantage, Builder, Classic, Diamond, Elite, Fortune, Gold, Horizon, Inspire","note":null,"quote":"Product Name | Bajaj Life Supreme <Advantage/Builder/Classic/Diamond/Elite/Fortune/Gold/ Horizon/Inspire> ... This product has nine variants. Variant has to be chosen at the time of purchase of the Policy and cannot be changed during the Policy Term.","sources":[{"clause":null,"heading":null,"page":1,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-s1"},{"clause":"2","heading":null,"page":4,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-2"}],"law":[]},{"key":"policy_term","label":"Policy term","section":"Eligibility","meaning":"How long one policy runs before it ends or must be renewed.","status":"quote-verified","value":"15, 20, 25, 30, 40 years or Whole Life.","display":"15, 20, 25, 30, 40 and Whole Life","note":"From the sales brochure.","quote":"Policy Term (in years) | 15, 20, 25, 30, 40 and Whole Life","sources":[{"clause":"2","heading":"Return of Mortality Charge1 (ROMC)","page":2,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/3444#c-2"}],"law":[]},{"key":"claim_intimation","label":"Claim intimation deadline","section":"Claims","meaning":"How soon you must tell the insurer about a claim or hospitalisation.","status":"not-stated","value":null,"display":null,"note":"The policy requires death claim intimation with documents, but does not print a deadline.","quote":null,"sources":[],"law":[{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 20, 21","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_documents","label":"Claim documents","section":"Claims","meaning":"Documents the insurer asks for when you claim.","status":"quote-verified","value":["Written Notice of Intimation of Death","Original Death Certificate","Medical cause of death certificate","If death is due to unnatural causes, copy of FIR (First Information Report) and PMR (Post-Mortem Report)","Any other documents that may be requested on intimation of death of the Life Assured for investigations or otherwise by the Company"],"display":"Written death intimation, original death certificate, medical cause of death certificate, FIR and PMR for unnatural death, and any other requested documents","note":null,"quote":"Death Benefits are only payable if an intimation, has been received by us along with:\na) Written Notice of Intimation of Death;\nb) Original Death Certificate;\nc) Medical cause of death certificate;\nd) If death is due to unnatural causes, copy of FIR (First Information Report) and PMR (Post-Mortem Report); Any other documents that may be requested on intimation of death of the Life Assured for investigations or otherwise by the Company.","sources":[{"clause":"12","heading":"Claim Process","page":6,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-12"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 17","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 23","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_settlement_time","label":"Claim settlement time promised","section":"Claims","meaning":"How quickly the policy says a claim is decided or paid, and from when that is counted (intimation or last document).","status":"not-stated","value":null,"display":null,"note":"The CIS gives web links for claim settlement TAT, but the policy extracts do not print the time.","quote":null,"sources":[],"law":[{"title":"The Insurance Act, 1938","section":"Section 64UM(4) to (6)","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 10","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 15","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 16","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(i), V.3(ii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.4","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 23","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"The Motor Vehicles Act, 1988: Chapter XI, insurance of motor vehicles against third party risks","section":"Section 149","url":"https://indiainsurances.com/law/motor-vehicles-act-1988"}]},{"key":"exclusions_main","label":"Main exclusions","section":"Exclusions","meaning":"What the policy does not pay for, in the policy's own words.","status":"quote-verified","value":["death due to suicide within 12 months from the date of commencement of the policy or from the date of latest revival of the policy, whichever is later"],"display":"Suicide within 12 months from commencement or latest revival","note":null,"quote":"In case of death due to suicide within 12 months from the date of commencement of the policy or from the date of latest revival of the policy, whichever is later, the nominee or beneficiary of the policyholder shall be entitled to fund value, as available on the date of intimation of death.","sources":[{"clause":"19","heading":"Exclusions","page":17,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-19"}],"law":[{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 11","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 16","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grievance","label":"Grievance route","section":"Claims","meaning":"Who to complain to first, as stated in the policy, before going to the Insurance Ombudsman.","status":"quote-verified","value":"First contact the Grievance Officer at the nearest Customer Care Center or Customer Care Desk. If not satisfied or no response within 14 days, contact the Grievance Redressal Officer at gro@bajajlife.com before approaching IRDAI or the Insurance Ombudsman.","display":"Customer Care/Grievance Officer first; then Grievance Redressal Officer after 14 days","note":null,"quote":"In case You have any query or complaint/ grievance, You may contact the Grievance Officer of any nearest Customer Care Center at Branch Office of the Company. Alternatively, You may communicate with the Company:\nBy post at: Customer Care Desk, Bajaj Life Insurance Limited., Bajaj Insurance House, Airport Road, Yerawada, Pune - 411006 By Phone at: 020- 6712 1212 By Email: customercare@bajajlife.com In case You are not satisfied with the resolution provided to You by the above office, or have not received any response within fourteen (14) days, or You have any suggestion in respect of this Policy or on the functioning of the office, You may contact the following official for resolution:\nGrievance Redressal Officer, Bajaj Life Insurance Limited. Bajaj Insurance House, Airport Road Yerawada, Pune, District – Pune, Maharashtra\n-411006 Customer Care No: 020-6712 1212 Email ID: gro@bajajlife.com","sources":[{"clause":"25","heading":"Grievance Redressal","page":17,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-25"}],"law":[{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 3","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 4","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 5","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(11)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(42)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 34","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 69","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Insurance Act, 1938","section":"Section 38","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 12","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 19","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 20","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 13","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(5), 5(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(9)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 25","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 26","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 11","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"Review of revision in premium rates under health insurance policies for senior citizens, 2025","section":"Para 3","url":"https://indiainsurances.com/law/irdai-senior-premium-2025"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 13","url":"https://indiainsurances.com/law/ombudsman-rules-2017"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 14","url":"https://indiainsurances.com/law/ombudsman-rules-2017"}]},{"key":"sum_assured","label":"Sum assured","section":"Cover","meaning":"The minimum and maximum life cover, or the rule that sets it (for example 10 times the annual premium).","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"death_benefit","label":"Death benefit","section":"Cover","meaning":"What your family gets if you die during the term, and how it is calculated.","status":"quote-verified","value":"On death of the Life Assured during the Policy Term, the policy pays whichever is higher of Fund Value, 105% of All Premiums Paid or Sum Assured. Partial withdrawals made two years before death are reduced from the Sum Assured at payment.","display":"Higher of Fund Value, 105% of All Premiums Paid or Sum Assured","note":null,"quote":"On death of the Life Assured during the Policy Term, Fund Value or 105% of All Premiums Paid or Sum Assured, whichever is higher, will be paid. Any Partial Withdrawals made two years before death shall be reduced from the Sum Assured at the time of payment.","sources":[{"clause":"4","heading":"Benefits","page":4,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-4"}],"law":[]},{"key":"maturity_benefit","label":"Maturity benefit","section":"Cover","meaning":"What you get if you survive to the end of the term.","status":"quote-verified","value":"On maturity, the Fund Value as on the date of Maturity is paid.","display":"Fund Value as on the date of Maturity","note":null,"quote":"On Maturity, Fund Value as on the date of Maturity will be paid.","sources":[{"clause":"4","heading":"Benefits","page":4,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-4"}],"law":[]},{"key":"premium_paying_term","label":"Premium paying term","section":"Premium","meaning":"For how many years you pay premiums.","status":"quote-verified","value":"Premium Paying Term is 5 years up to 75 years minus entry age, or Single Pay.","display":"5 years upto 75 years minus entry age, Single Pay","note":"From the sales brochure.","quote":"Premium Payment Term | 5 years upto 75 years minus entry age, Single Pay","sources":[{"clause":"2","heading":"Return of Mortality Charge1 (ROMC)","page":2,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/3444#c-2"}],"law":[]},{"key":"maturity_age","label":"Maximum maturity age","section":"Eligibility","meaning":"The oldest age at which cover ends.","status":"quote-verified","value":"Maximum age at maturity is Whole Life.","display":"Whole Life","note":"From the sales brochure.","quote":"Maximum Age at Maturity | Whole Life","sources":[{"clause":"2","heading":"Return of Mortality Charge1 (ROMC)","page":2,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/3444#c-2"}],"law":[]},{"key":"suicide_clause","label":"Suicide clause","section":"Exclusions","meaning":"What is paid if death is by suicide within the first 12 months.","status":"quote-verified","value":"If death due to suicide occurs within 12 months from commencement or latest revival, whichever is later, the nominee or beneficiary is entitled to the fund value available on the date of intimation of death. Charges other than FMC recovered after the date of death are added to that fund value.","display":"Within 12 months, pays fund value as on intimation of death, plus non-FMC charges recovered after death","note":null,"quote":"In case of death due to suicide within 12 months from the date of commencement of the policy or from the date of latest revival of the policy, whichever is later, the nominee or beneficiary of the policyholder shall be entitled to fund value, as available on the date of intimation of death. Any charges other than FMC recovered subsequent to the date of death shall be added to the fund value as at the date of intimation of death.","sources":[{"clause":"19","heading":"Exclusions","page":17,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-19"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 21","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 35","url":"https://indiainsurances.com/law/irdai-life-products-2024"}]},{"key":"surrender","label":"Surrender value","section":"Renewal and rights","meaning":"What you get if you stop the policy early, and from when.","status":"quote-verified","value":"The policy can be surrendered at any time. During the first five Policy Years, Fund Value is moved to the Discontinued Policy Fund and paid after the Lock-In Period after deducting relevant Surrender Charges; after the first five Policy Years, Fund Value as on the date of surrender is paid.","display":"Any time; first 5 years paid after lock-in from Discontinued Policy Fund less charges; after 5 years pays Fund Value","note":null,"quote":"You can surrender the Policy at any time. If you surrender your Policy during the first five (5) Policy Years, the Fund Value will be moved to Discontinued Policy Fund and the amount will be paid out after the end of the Lock-In Period after deducting the relevant Surrender Charges. No benefits will be available during the Lock-In Period. If you surrender your Policy after the first five (5) Policy Years, Fund Value as on date of surrender will be paid.","sources":[{"clause":"11","heading":"Surrender","page":6,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-11"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 26.1 to 26.3","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 26.4 and 26.5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 27","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.3","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.6","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.16 and 1.17","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(1) to (3)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(4) and (5)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(6) to (9)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(B)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 2(A)(vi)(c)(V)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"paid_up","label":"Paid-up value","section":"Renewal and rights","meaning":"What cover continues if you stop paying premiums after a few years.","status":"quote-verified","value":"If premiums are discontinued after the first five Policy Years and the Grace Period has expired, the policy becomes a Paid-Up Policy. On death while paid-up, the benefit is higher of Fund Value, 105% of premiums paid, or Sum Assured reduced in proportion to premiums actually paid against premiums payable.","display":"After first 5 years, policy becomes paid-up; death benefit uses reduced Sum Assured","note":"If premiums are discontinued during the first five Policy Years after grace period, the policy is a Discontinued Policy.","quote":"If premiums have been discontinued after the first five (5) Policy Years and the Grace Period has expired, then the Policy will be termed as a Paid-Up Policy. In the event the Life Assured dies when the policy is Paid-Up Policy, the Death Benefit payable will be higher of Fund Value or 105% of all Premiums paid or the Sum Assured amount reduced to the extent of the Premium received till date of death. We will calculate the reduced Sum Assured by multiplying the existing Sum Assured against the number of Premiums actually paid divided by the number of Premiums payable as per the Schedule.","sources":[{"clause":"9(a)","heading":null,"page":5,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-9-a"}],"law":[]},{"key":"revival","label":"Revival period","section":"Renewal and rights","meaning":"How long after lapsing you can restart the policy.","status":"quote-verified","value":"A policy may be revived within 3 years from the date of non-payment of premium, by paying arrears and subject to underwriting requirements including possible medical examination.","display":"Within 3 years from the date of non-payment of premium","note":null,"quote":"A Policy may be revived within 3 years from the date of non-payment of premium. Revival will require paying the arrears of premiums due under the Policy. You may also require undergoing Medical Examinations, at your expense.","sources":[{"clause":"9(b)","heading":null,"page":5,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-9-b"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 50","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.1 and 40.1.2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.4","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.6","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.7","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.10","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.28","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.39","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"policy_loan","label":"Policy loan","section":"Renewal and rights","meaning":"Whether you can borrow against the policy.","status":"quote-verified","value":"Policy loan is not applicable.","display":"Not Applicable","note":null,"quote":"Policy Loan If Applicable | Not Applicable | NA","sources":[{"clause":"Row 14","heading":"Policy Loan If Applicable","page":3,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/3441#c-row-14"}],"law":[]},{"key":"riders_available","label":"Riders available","section":"Cover","meaning":"Optional add-ons such as accidental death, critical illness or waiver of premium.","status":"quote-verified","value":["Bajaj Life Linked Accident Protection Rider II - Linked Accidental Death Benefit (ADB)","Bajaj Life Linked Accident Protection Rider II - Linked Accidental Total Permanent Disability Benefit (ATPD)"],"display":"Bajaj Life Linked Accident Protection Rider II: ADB and ATPD","note":"Shown in the CIS as riders if opted.","quote":"Rider Name | Rider Benefit | UIN | Sum Assured\nBajaj Life Linked Accident Protection Rider II | Linked Accidental Death Benefit (ADB) | <XX> | <XX>\nBajaj Life Linked Accident Protection Rider II | Linked Accidental Total Permanent Disability Benefit (ATPD) | <XX> | <XX>","sources":[{"clause":"Row 8","heading":"Riders Opted if Any","page":2,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/3441#c-row-8"}],"law":[]},{"key":"section45","label":"Claims after 3 years (Section 45)","section":"Claims","meaning":"After 3 years a life policy cannot be questioned on any ground, and only for fraud with proof before that.","status":"quote-verified","value":"No life insurance policy can be called in question on any ground after three years from the later of policy commencement, risk commencement, latest revival or rider commencement. Within three years, the policy may be called in question on the ground of fraud, and also for material misstatement or suppression with written communication of grounds and materials.","display":"After 3 years, not called in question on any ground; within 3 years, fraud or material misstatement rules apply","note":null,"quote":"No Policy of life insurance shall be called in question on any ground whatsoever after expiry of three (3) years from (a) the Policy Commencement Date or (b) the Date of Commencement of Risk or (c) the date of latest revival of the Policy or (d) the Date of Commencement of Rider; whichever is later. ... On the ground of fraud, a Policy of life insurance may be called in question within three (3) years from ... Life insurance Policy can be called in question within three (3) years on the ground that any statement of or suppression of a fact material to expectancy of life of the Life Assured or Policyholder was incorrectly made in the Proposal Form or other documents, basis which Policy was issued or revived, or Rider issued.","sources":[{"clause":"1","heading":null,"page":24,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-1-4"},{"clause":"2","heading":null,"page":24,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-2-4"},{"clause":"6","heading":null,"page":24,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-6-4"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 45","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 10","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 10","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.6","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 8","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"tax_note","label":"Tax note in the document","section":"Premium","meaning":"What the document says about tax benefits. Not stated when it only says taxes are charged on the premium. Tax law changes; confirm separately.","status":"quote-verified","value":"The sales brochure says tax benefits as per prevailing Section 11 read with Schedule II, Sr.No.2 of the Income Tax Act apply, and asks the policyholder to consult a tax consultant for eligibility.","display":"Tax benefits as per prevailing Section 11 read with Schedule II, Sr.No.2 of the Income Tax Act","note":"From the sales brochure.","quote":"4Tax benefits as per prevailing Section 11 (read with Schedule II, Sr.No.2) of the Income Tax Act shall apply. You are requested to consult your tax consultant and obtain independent advice for eligibility before claiming any benefit under the policy","sources":[{"clause":"2","heading":"Return of Mortality Charge1 (ROMC)","page":2,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/3444#c-2"}],"law":[]},{"key":"free_look","label":"Free-look period","section":"Renewal and rights","meaning":"Days after you receive the policy in which you can return it for a refund if you do not agree with its terms.","status":"quote-verified","value":{"unit":"days","amount":30},"display":"30 days","note":null,"quote":"You shall be provided a Free Look Period of 30 days beginning from the date of receipt of Policy document, whether received electronically or otherwise, to review the terms and conditions of such policy","sources":[{"clause":"8","heading":"Free Look Period","page":5,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-8"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 5","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(1), 20(2)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(3) to 20(5)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, II.8","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grace_period","label":"Grace period","section":"Renewal and rights","meaning":"Days you get after the due date to pay without losing cover or continuity.","status":"quote-verified","value":{"unit":"days","amount":30},"display":"30 days; 15 days for monthly premium payment frequency","note":"15 days where the premium payment frequency is monthly; 30 days for all other premium payment frequencies.","quote":"“Grace Period” is an additional period available for payment of any premium instalment after the due date. 15-days would be offered where the premium payment frequency is monthly, and 30- days would be offered for all other premium payment frequencies;","sources":[{"clause":null,"heading":null,"page":1,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-s1"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 50","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 8","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 9","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 8","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, IV.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.2","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 1.3","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"eligibility_entry_age","label":"Entry age","section":"Eligibility","meaning":"The youngest and oldest age at which you can buy this policy.","status":"quote-verified","value":"Minimum entry age is 0 years. Maximum entry age is 65 years for Regular/Limited Pay and 70 years for Single Pay.","display":"0 years to 65 years for Regular/Limited Pay; 0 years to 70 years for Single Pay","note":"From the sales brochure.","quote":"Minimum Age at Entry | 0 Years Risk cover will commence immediately on date of commencement of policy (irrespective of the age of life assured), and, in the case of minor life assured, policy will vest on the life assured on the attainment of majority (i.e., age 18 years)\nMaximum Age at Entry | Regular/Limited Pay: 65 years Single Pay: 70 years","sources":[{"clause":"2","heading":"Return of Mortality Charge1 (ROMC)","page":2,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/3444#c-2"}],"law":[]},{"key":"premium_modes","label":"Premium payment options","section":"Premium","meaning":"How often you can pay: yearly, half-yearly, quarterly, monthly.","status":"quote-verified","value":["monthly","quarterly","bi-annual","annual"],"display":"monthly, quarterly, bi-annual, annual","note":null,"quote":"In such Policies regular premiums are payable under the Policy on monthly/quarterly/bi-annual/annual frequencies.","sources":[{"clause":"5","heading":"Premium Payment","page":4,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-5"}],"law":[]},{"key":"premium_type","label":"Premium payment type","section":"Premium","meaning":"Single premium, regular premium (every year of the term) or limited premium (fewer years than the term).","status":"quote-verified","value":["Regular Premium Policy","Single Premium Policy","Limited Pay"],"display":"Regular premium, Single premium, Limited pay","note":"Limited pay is stated in the sales brochure.","quote":"If the Premium Payment Period is more than 1, the Policy is referred to as a “Regular Premium Policy”. ... If the Premium Payment Period in the Schedule is 1, the Policy is referred to as a “Single Premium Policy”. ... Premium Payment Frequency | Regular/Limited Pay Annual Half Yearly Quaterly Monthly | Single Pay | Top-up","sources":[{"clause":"5","heading":"Premium Payment","page":4,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-5"},{"clause":"2","heading":"Return of Mortality Charge1 (ROMC)","page":2,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/3444#c-2"}],"law":[]},{"key":"lock_in","label":"Lock-in period","section":"Renewal and rights","meaning":"Years before you can withdraw. ULIPs have a 5-year lock-in.","status":"quote-verified","value":{"unit":"years","amount":5},"display":"five (5) Policy Years","note":null,"quote":"“Lock -In Period” is the first five (5) Policy Years under the Policy.","sources":[{"clause":null,"heading":null,"page":1,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-s1"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.1 and 40.1.2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 4","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 42","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 54.1 and 54.2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.5","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.22 to 1.24","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(B)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 2(A)(vii) to (ix)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 2(A)(vi)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"funds","label":"Fund options","section":"Cover","meaning":"The investment funds you can choose and their risk.","status":"quote-verified","value":["Equity Growth Fund II - Very High","Accelerator Mid- Cap Fund II - Very High","Pure Stock Fund - Very High","Pure Stock Fund II - Very High","Asset Allocation Fund II - High","Bluechip Equity Fund - High","Bond Fund - Moderate","Liquid Fund - Low","Flexi Cap Fund - Very High","Sustainable Equity Fund - Very High","Dynamic Asset Allocation Fund - High","Small Cap Fund - Very High","Midcap In-dex Fund - Very High","SmallCap Quality In-dex Fund - Very High","Nifty Alpha 50 Index Fund - Very High","Nifty 200 Apha 30 Index Fund - Very High","Nifty 200 Momentum 30 Index Fund - Very High","Nifty 500 Multicap Momentum Quality 50 Index Fund - Very High","Focused 25 Fund - Very High","Nifty 500 Multifactor 50 Index Fund - Very High","Individual Short Term Debt Term - Moderate","Debt Plus Fund - Moderate","^BSE 500 Enhanced Value 50 Index Fund - Very High","^BSE 500 Dividend Leaders 50 Index Fund - Very High","India Consumption Fund - Very High","Pure Stock Innovation Fund - Very High","^BSE 500 Quality 50 Index Fund - Very High","Opportunities Fund - Very High","Nifty 500 Low Volatility 50 Index Fund - Very High","Nifty 200 Value 30 Index Fund - Very High","^BSE 500 Momentum Value 50 Index Fund - Very High","Discontinued Fund - Low"],"display":"Fund options include equity, debt, liquid and discontinued funds with Low to Very High risk profiles","note":null,"quote":"The following funds are available under the Policy:\nFund Name | Objective | Risk Proflie | Asset Allocation | SFIN\nEquity Growth Fund II | The investment objective of this fund is to provide capital appreciation through investment in selected equity stocks that have the potential for capital appreciation. | Very High ... Accelerator Mid- Cap Fund II | The investment objective of this fund is to achieve capital appreciation by investing in a diversifei d basket of mid cap stocks and large cap stocks. | Very High ... Pure Stock Fund | The investment objective of this fund is to specifcially exclude companies dealing in Gambling, Contests, Liquor, Entertainment (Films, TV etc.), Hotels, Banks and Financial Institutions. | Very High ... Pure Stock Fund II | The investment objective of this fund is to specifcially exclude companies dealing in Gambling, Contests, Liquor, Entertainment (Films, TV etc.), Hotels, Tobacco and Tobacco related Institutions. | Very High ... Asset Allocation Fund II | To realize a level of total income, in-cluding current income and capital appreciation, consistent with reasonable investment risk, through felxible asset allocation among equities, bonds, and cash based on market and economic outlook. | High ... Bluechip Equity Fund | To provide capital appreciation through investment in equities forming part of NSE NIFTY. | High ... Bond Fund | To provide accumulation of income through investment in high-quality fxied income securities. | Moderate ... Liquid Fund | To have a fund that aims to protect the invested capital through investments in liquid money market and short-term instruments. | Low ... Flexi Cap Fund | To achieve capital appreciation by in-vesting in a diversifei d basket of stocks across market capitalizations i.e. Large cap, Mid cap, and Small cap. | Very High ... Sustainable Equity Fund | To focus on investing in select companies from the investment universe which conduct business in a socially and environmentally responsible manner while maintaining governance standards. | Very High ... Dynamic Asset Allocation Fund | To realize a steady stream of current income and generate capital appreciation with appropriate risk and return expectations through felxible allocation among fxied income and equity securities. | High ... Small Cap Fund | To achieve capital appreciation by in-vesting in a diversifei d basket of pre-dominantly small cap stocks. | Very High ... Midcap In-dex Fund | To provide capital appreciation through investment in equities forming part of Nifty Midcap 150 Index. | Very High ... SmallCap Quality In-dex Fund | To provide capital appreciation through investment in equities forming part of Nifty SmallCap 250 Quality 50 Index. | Very High ... Nifty Alpha 50 Index Fund | To provide capital appreciation through investment in equities forming part of Nifty Alpha 50 Index. | Very High ... Nifty 200 Apha 30 Index Fund | To provide capital appreciation through investment in equities forming part of Nifty 200 Alpha 30 Index. | Very High ... Nifty 200 Momentum 30 Index Fund | To provide capital appreciation through investment in equities forming part of Nifty 200 Momentum 30 Index. | Very High ... Nifty 500 Multicap Momentum Quality 50 Index Fund | To provide capital appreciation through investment in equities forming part of Nifty 500 Multicap Momentum Quality 50 Index. | Very High ... Focused 25 Fund | To achieve capital appreciation by in-vesting in a concentrated basket of up to 25 stocks across market capitalizations, predominantly in large caps. | Very High ... Nifty 500 Multifactor 50 Index Fund | To provide capital appreciation through investment in equities forming part of Nifty 500 Multifactor MQVLv (Momentum, Quality, Value & Low Volatility) 50 Index. | Very High ... Individual Short Term Debt Term | To provide stable returns through in-vestment in various fxied income securities. | Moderate ... Debt Plus Fund | To provide accumulation of income through investment in high quality fxied income securities. | Moderate ... ^BSE 500 Enhanced Value 50 Index Fund#### | To provide capital appreciation through investment in equities forming part of BSE 500 Enhanced Value 50 Index. | Very High ... ^BSE 500 Dividend Leaders 50 Index Fund#### | To provide capital appreciation through investment in equities forming part of BSE 500 Dividend Leaders 50 Index | Very High ... India Consumption Fund | To achieve capital appreciation by in-vesting in a diversifei d basket of equity and equity related instruments of companies in consumption and allied sectors | Very High ... Pure Stock Innovation Fund | To achieve capital appreciation by in-vesting in a diversifei d portfolio of companies that are beneftiing from and contributing to innovation across sectors, excluding companies dealing in Gambling, Contests, Liquor, Entertainment (Films, TV etc.), Hotels, Tobacco and Tobacco related Institutions. | Very High ... ^BSE 500 Quality 50 Index Fund | To provide capital appreciation through investment in equities forming part of BSE 500 Quality 50 Index | Very High ... Opportunities Fund | To achieve long-term capital appreciation by investing in a diversifei d basket of equity and equity related instruments of companies predominantly# from the top 250 companies by market capitalisation. | Very High ... Nifty 500 Low Volatility 50 Index Fund | To provide capital appreciation through investment in equities forming index part of Nifty 500 Low Volatility 50 index | Very High ... Nifty 200 Value 30 Index Fund | To provide capital appreciation through investment in equities forming part of Nifty 200 Value 30 Index | Very High ... ^BSE 500 Momentum Value 50 Index Fund | To provide capital appreciation through investment in equities forming part of BSE 500 | Very High ... Discontinued Fund | This fund aims to provide stable returns. | Low","sources":[{"clause":"15","heading":"Funds","page":8,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-15"}],"law":[]},{"key":"premium_allocation_charge","label":"Premium allocation charge","section":"Charges","meaning":"Part of each premium taken before investing.","status":"quote-verified","value":"For Bajaj Life Supreme Gold, Premium Allocation Charge is nil for Limited/Regular/Single Pay and 2% of Top-up premium for Top-up premium.","display":"Nil for Limited/Regular/Single Pay; 2% of Top-up premium","note":"From the Gold sales brochure; the policy schedule says premium allocation charges are as per Schedule.","quote":"1. Premium Allocation Charge For Limited/Regular/Single Pay - Nil. For Top-up premium - 2% of Top-up premium","sources":[{"clause":"2","heading":"Return of Mortality Charge1 (ROMC)","page":2,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/3444#c-2"}],"law":[]},{"key":"policy_admin_charge","label":"Policy administration charge","section":"Charges","meaning":"Monthly charge deducted from your fund.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"fund_management_charge","label":"Fund management charge","section":"Charges","meaning":"Yearly charge on fund value; capped at 1.35% by IRDAI.","status":"quote-verified","value":"Fund management charges vary by fund and are adjusted in the unit price. The policy states the charge can be up to a maximum of 1.35% per annum for the listed funds and 0.50% p.a. for the Discontinued Life Policy Fund.","display":"Up to 1.35% p.a.; 0.50% p.a. for Discontinued Life Policy Fund","note":null,"quote":"i) Fund Management charge up to a maximum of 1.35% per annum will be adjusted in the unit price for the funds mentioned herein and 0.50% p.a. for the Discontinued Life Policy Fund.","sources":[{"clause":"Row 1(i)","heading":null,"page":15,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-row-1-i"}],"law":[]},{"key":"mortality_charge","label":"Mortality charge","section":"Charges","meaning":"Cost of life cover, deducted monthly by age.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"discontinuance_charge","label":"Discontinuance charge","section":"Charges","meaning":"Charge if you stop paying in the first five years.","status":"quote-verified","value":"For regular premium policies discontinued in years 1 to 4, charges are lower of specified percentages of AP or FV subject to caps, with separate caps for annualized premium up to ₹50,000 and above ₹50,000; year 5 and above is nil. For single premium policies, years 1 to 4 use lower of specified percentages of SP or FV subject to caps for single premium up to Rs. 3,00,000 and above Rs. 3,00,000; year 5 and above is nil, and discontinuance charge for top-up premiums is nil.","display":"Regular and single premium discontinuance charges apply in policy years 1-4; 5 & above nil; top-up discontinuance nil","note":null,"quote":"Where the policy is discontinued during the policy year | Discontinuance charge for the policies having annualized premium up to `50,000/- | Discontinuance charge for the policies having annualized premium above `50,000/- ... 1 | Lower of 20%* (AP or FV) subject to maximum of ₹ 3,000 | Lower of 6%* (AP or FV) subject to maximum of ₹ 6,000 ... 2 | Lower of 15%* (AP or FV) subject to maximum of ₹ 2,000 | Lower of 4%* (AP or FV) subject to maximum of ₹ 5,000 ... 3 | Lower of 10%* (AP or FV) subject to maximum of ₹ 1,500 | Lower of 3%* (AP or FV) subject to maximum of ₹ 4,000 ... 4 | Lower of 5%* (AP or FV) subject to maximum of ₹ 1,000 | Lower of 2%* (AP or FV) subject to maximum of ₹ 2,000 ... 5 & above | Nil | Nil ... Where the policy is discontinued during the policy year | Maximum Discontinuance Charges for the policies having Single Premium up to Rs. 3,00,000/- | Maximum Discontinuance Charges for the policies having Single Premium above Rs. 3,00,000/- ... 1 | Lower of 2.0% *(SP or FV) subject to a maximum of Rs.3000/- | Lower of 1.00% *(SP or FV) sub-ject to a maximum of Rs.6000/- ... 2 | Lower of 1.5% *(SP or FV) subject to a maximum of Rs. 2000/- | Lower of 0.70% *(SP or FV) subject to a maximum of Rs. 5000/- ... 3 | Lower of 1% *(SP or FV) subject to a maximum of Rs.1500/- | Lower of 0.50%* (SP or FV) subject to a maximum of Rs. 4000/- ... 4 | Lower of 0.5% *(SP or FV) subject to a maximum of Rs. 1000/- | Lower of 0.35% *(SP or FV) subject to a maximum of Rs. 2000/- ... 5 & above | Nil | Nil ... Discontinuance Charge for Top up 18) Miscellaneous\npremiums is Nil","sources":[{"clause":"17","heading":"Charges","page":13,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-17"},{"clause":"Row 1","heading":"Lower of 20%* (AP or FV) subject to maximum of ₹ 3,000","page":14,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-row-1"},{"clause":"Row 2","heading":"Lower of 15%* (AP or FV) subject to maximum of ₹ 2,000","page":14,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-row-2"},{"clause":"Row 3","heading":"Lower of 10%* (AP or FV) subject to maximum of ₹ 1,500","page":14,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-row-3"},{"clause":"Row 4","heading":"Lower of 5%* (AP or FV) subject to maximum of ₹ 1,000","page":14,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-row-4"},{"clause":"17(a)","heading":null,"page":14,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-17-a"},{"clause":"Row 1","heading":"Lower of 2.0% *(SP or FV) subject to a maximum of Rs.3000/-","page":15,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-row-1-2"},{"clause":"17(a)","heading":null,"page":15,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-17-a-2"},{"clause":"Row 1(i)","heading":null,"page":15,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-row-1-i"},{"clause":"Row 1(iv)","heading":null,"page":15,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-row-1-iv"},{"clause":"Row 1(v)","heading":null,"page":15,"url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031#c-row-1-v"}],"law":[]},{"key":"switches_withdrawals","label":"Switches and partial withdrawals","section":"Renewal and rights","meaning":"Free fund switches and withdrawals after lock-in.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]}],"documents":[{"kind":"wording","label":"Policy Document","pages":24,"fetched_at":"2026-10-17 19:43:25+00","source_url":"https://www.bajajlifeinsurance.com/content/dam/balic-web/pdf/ulip/supreme-policy-doc.pdf","url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/4031"},{"kind":"cis","label":"Customer Information Sheet","pages":4,"fetched_at":"2026-10-17 19:33:05+00","source_url":"https://www.bajajlifeinsurance.com/content/dam/balic-web/pdf/ulip/supreme-cis.pdf","url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/3441"},{"kind":"brochure","label":"Leaflet","pages":6,"fetched_at":"2026-10-17 19:33:08+00","source_url":"https://www.bajajlifeinsurance.com/content/dam/balic-web/pdf/ulip/supreme-gold-leaflet.pdf","url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/3444"},{"kind":"brochure","label":"Leaflet","pages":6,"fetched_at":"2026-10-17 19:33:13+00","source_url":"https://www.bajajlifeinsurance.com/content/dam/balic-web/pdf/ulip/supreme-horizon-leaflet.pdf","url":"https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02/document/3451"}],"versions":[],"where_to_buy":[{"purpose":"buy","kind":"insurer","name":"Bajaj Life Insurance official website","url":"https://www.bajajlifeinsurance.com/","note":"Buy directly from the insurer."},{"purpose":"buy","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"claims_and_complaints":[{"purpose":"claim","kind":"insurer","name":"Claim assistance","url":"https://www.bajajlifeinsurance.com/life-insurance-claim-assistance.html","note":null},{"purpose":"claim","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"grievance","kind":"insurer","name":"Grievance redressal mechanism","url":"https://www.bajajlifeinsurance.com/grievance-redressal-mechanism.html","note":null},{"purpose":"grievance","kind":"official","name":"Bima Bharosa (IRDAI grievance portal)","url":"https://bimabharosa.irdai.gov.in/","note":"Register and track a complaint against any insurer with IRDAI. Complain to the insurer first; escalate here if the reply is late or unsatisfactory."},{"purpose":"grievance","kind":"official","name":"e-Daakhil (consumer commission e-filing)","url":"https://edaakhil.nic.in/","note":"Not reachable from our crawler on 2026-10-19; use e-Jagriti if this link does not open."},{"purpose":"grievance","kind":"official","name":"e-Jagriti (consumer commission filing)","url":"https://e-jagriti.gov.in/","note":"Ministry of Consumer Affairs platform for consumer commission cases, a route for insurance disputes that the Ombudsman does not settle."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Ahmedabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Gujarat, Dadra & Nagar Haveli, Daman and Diu. Email: oio.ahmedabad@cioins.co.in. Phone: 079 - 25501201/02. Address: Office of the Insurance Ombudsman, Jeevan Prakash Building, 6th floor, Tilak Marg, Relief Road, AHMEDABAD – 380 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bengaluru","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Karnataka. Email: oio.bengaluru@cioins.co.in. Phone: 080 - 26652048 / 26652049. Address: Office of the Insurance Ombudsman, Jeevan Soudha Building,PID No. 57-27-N-19 Ground Floor, 19/19, 24th Main Road, JP Nagar, Ist Phase, Bengaluru – 560 078."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhopal","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Madhya Pradesh, Chhattisgarh. Email: oio.bhopal@cioins.co.in. Phone: 0755 - 2769201 / 2769202 / 2769203. Address: Office of the Insurance Ombudsman, 1st floor,\"Jeevan Shikha\", 60-B,Hoshangabad Road, Opp. Gayatri Mandir,Arera Hills Bhopal – 462 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhubaneswar","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Odisha. Email: oio.bhubaneswar@cioins.co.in. Phone: 0674 - 2596461 /2596455/2596429/2596003. Address: Office of the Insurance Ombudsman, 62, Forest park, Bhubaneswar – 751 009."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chandigarh","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Punjab, Haryana (excluding Gurugram, Faridabad, Sonepat and Bahadurgarh), Himachal Pradesh, Union Territories of Jammu & Kashmir,Ladakh & Chandigarh. Email: oio.chandigarh@cioins.co.in. Phone: 0172-2706468. Address: Office Of The Insurance Ombudsman, Jeevan Deep Building SCO 20-27, Ground Floor Sector- 17 A, Chandigarh – 160 017."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chennai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Tamil Nadu, PuducherryTown and Karaikal (which are part of Puducherry). Email: oio.chennai@cioins.co.in. Phone: 044 - 24333668 / 24333678. Address: Office of the Insurance Ombudsman, Fatima Akhtar Court, 4th Floor, 453, Anna Salai, Teynampet, CHENNAI – 600 018."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Delhi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Delhi & following Districts of Haryana - Gurugram, Faridabad, Sonepat & Bahadurgarh. Email: oio.delhi@cioins.co.in. Phone: 011 - 46013992/23213504/23232481. Address: Office of the Insurance Ombudsman, 2/2 A, Universal Insurance Building, Asaf Ali Road, New Delhi – 110 002."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Guwahati","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Assam, Meghalaya, Manipur, Mizoram, Arunachal Pradesh, Nagaland and Tripura. Email: oio.guwahati@cioins.co.in. Phone: 0361 - 2632204 / 2602205 / 2631307. Address: Office of the Insurance Ombudsman, Jeevan Nivesh, 5th Floor, Near Pan Bazar , S.S. Road, Guwahati – 781001(ASSAM)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Hyderabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Andhra Pradesh, Telangana, Yanam and part of Union Territory of Puducherry. Email: oio.hyderabad@cioins.co.in. Phone: 040 - 23312122 / 23376991 / 23376599 / 23328709 / 23325325. Address: Office of the Insurance Ombudsman, 6-2-46, 1st floor, \"Moin Court\", Lane Opp.Hyundai Showroom , A. C. Guards, Lakdi-Ka-Pool, Hyderabad - 500 004."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Jaipur","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Rajasthan. Email: oio.jaipur@cioins.co.in. Phone: 0141- 2740363. Address: Office of the Insurance Ombudsman, Jeevan Nidhi – II Bldg., Gr. Floor, Bhawani Singh Marg, Jaipur - 302 005."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kochi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Kerala, Lakshadweep, Mahe-a part of Union Territory of Puducherry. Email: oio.ernakulam@cioins.co.in. Phone: 0484 - 2358759. Address: Office of the Insurance Ombudsman, 10th Floor, Jeevan Prakash,LIC Building, Opp to Maharaja's College Ground,M.G.Road, Kochi - 682 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kolkata","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: West Bengal, Sikkim, Andaman & Nicobar Islands. Email: oio.kolkata@cioins.co.in. Phone: 033 - 22124339 / 22124341. Address: Office of the Insurance Ombudsman, Hindustan Bldg. Annexe, 7th Floor, 4, C.R. Avenue, KOLKATA - 700 072."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Lucknow","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Districts of Uttar Pradesh : Lalitpur, Jhansi, Mahoba, Hamirpur, Banda, Chitrakoot, Allahabad, Mirzapur, Sonbhabdra, Fatehpur, Pratapgarh, Jaunpur,Varanasi, Gazipur, Jalaun, Kanpur, Lucknow, Unnao, Sitapur, Lakhimpur, Bahraich, Barabanki, Raebareli, Sravasti, Gonda, Faizabad, Amethi, Kaushambi, Balrampur, Basti, Ambedkarnagar, Sultanpur, Maharajgang, Santkabirnagar, Azamgarh, Kushinagar, Gorkhpur, Deoria, Mau, Ghazipur, Chandauli, Ballia, Sidharathnagar. Email: oio.lucknow@cioins.co.in. Phone: 0522 - 4002082 / 3500613. Address: Office of the Insurance Ombudsman, 6th Floor, Jeevan Bhawan, Phase-II, Nawal Kishore Road, Hazratganj, Lucknow - 226 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Mumbai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: List of wards under Mumbai Metropolitan Region excluding wards in Mumbai – i.e M/E, M/W, N , S and T covered under Office of Insurance Ombudsman Thane and excluding areas of Navi Mumbai. Email: oio.mumbai@cioins.co.in. Phone: 022 - 69038800/27/29/31/32/33. Address: Office of the Insurance Ombudsman, 3rd Floor, Jeevan Seva Annexe, S. V. Road, Santacruz (W), Mumbai - 400 054."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Noida","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Uttarakhand and the following Districts of Uttar Pradesh: Agra, Aligarh, Bagpat, Bareilly, Bijnor, Budaun, Bulandshehar, Etah, Kannauj, Mainpuri, Mathura, Meerut, Moradabad, Muzaffarnagar, Oraiyya, Pilibhit, Etawah, Farrukhabad, Firozbad, Gautam Buddh nagar, Ghaziabad, Hardoi, Shahjahanpur, Hapur, Shamli, Rampur, Kashganj, Sambhal, Amroha, Hathras, Kanshiramnagar, Saharanpur. Email: oio.noida@cioins.co.in. Phone: 0120-4027589. Address: Office of the Insurance Ombudsman, Bhagwan Sahai Palace 4th Floor, Main Road, Naya Bans, Sector 15, Distt: Gautam Buddh Nagar, U.P-201301."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: offices and jurisdiction","url":"https://www.cioins.co.in/Ombudsman","note":"Addresses, phone numbers, e-mail and the states or districts each Ombudsman office covers."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Patna","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Bihar, Jharkhand. Email: oio.patna@cioins.co.in. Phone: 0612-2547068. Address: Office of the Insurance Ombudsman, 2nd Floor, Lalit Bhawan, Bailey Road, Patna 800 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Pune","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Goa and State of Maharashtra excluding areas of Navi Mumbai, Thane district,Palghar District, Raigad district & Mumbai Metropolitan Region. Email: oio.pune@cioins.co.in. Phone: 020-24471175. Address: Office of the Insurance Ombudsman, Jeevan Darshan Bldg., 3rd Floor, C.T.S. No.s. 195 to 198, N.C. Kelkar Road, Narayan Peth, Pune – 411 030."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: register a complaint online","url":"https://cioins.co.in/Complaint/Online","note":"Council for Insurance Ombudsmen. Free. For disputes with an insurer after its own grievance process; the office is chosen by where you live (see the offices list)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Thane","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Area of Navi Mumbai, Thane District, Raigad District, Palghar District and wards of Mumbai , M/East, M/West, N, S and T. Email: oio.thane@cioins.co.in. Phone: 022-20812868/69. Address: Office of the Insurance Ombudsman, Jeevan Chintamani Building, 2nd Floor,Near New RTO Office, Louis Wadi,Vasantrao Naik Mahamarg, Thane (West)- 400604."},{"purpose":"grievance","kind":"official","name":"National Consumer Helpline","url":"https://consumerhelpline.gov.in/public/","note":"Government consumer helpline; can take up a complaint before you go to a consumer commission."},{"purpose":"port","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"renew","kind":"insurer","name":"Renewal payment","url":"https://www.bajajlifeinsurance.com/renewal-payment.html","note":null}],"notice":"Information, not advice. IndiaInsurances is not an insurer or an insurance intermediary, does not sell insurance and earns no commission. Policy terms change and your own policy schedule can differ: always confirm with the policy document and the insurer before you buy or claim.","cite_as":"Bajaj Life Supreme - Gold (UIN 116L211V02), IndiaInsurances, https://indiainsurances.com/policy/bajaj-life-insurance/bajaj-life-supreme-gold-116l211v02"}