Bajaj Allianz Life Insurance Company (BALIC), a private life insurer, has launched a point-of-sale life insurance product – Bajaj Allianz Life POS Goal Suraksha – with a low premium and guaranteed benefits.

This new product comes at a premium of as low as ₹450 per month.

To make it more accessible to customers, this product is designed for quick issuance where no medical tests are required for customers. Customers can meet their life goals through the product with the guaranteed benefits in this product, along with the life cover.

“We are happy to introduce this low-premium product, which is simple, yet value-packed. We have made the product easy to understand and easy to purchase, and have backed it with guaranteed returns. For those who want to purchase value-packed life insurance at low premium, this product is ideal,” said Tarun Chugh, Managing Director and CEO, BALIC.

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