Bajaj Life Global Wealth Builder Launched
Its First GIFT City Offering, through Bajaj Life IFSC Insurance Office
Tarun Chugh, MD & CEO, Bajaj Life Insurance
FinTech BizNews Service
Mumbai, 21 October, 2026: Bajaj Life Insurance, one of India’s leading private life insurers, has launched Bajaj Life Global Wealth Builder, its first GIFT City offering, designed to help customers, particularly Non-Resident Indians (NRIs) and globally mobile individuals, access international investment opportunities alongside life insurance protection. The product enables customers to build a USD-denominated wealth corpus through a range of global funds, exchange-traded funds (ETFs).
Commenting on the launch, Mr. Tarun Chugh, MD & CEO, Bajaj Life Insurance, said, “Customers today have greater access to global investment opportunities and need solutions that address both wealth creation and financial protection. With Global Wealth Builder, we are extending our offerings through GIFT City, enabling customers to build USD-denominated wealth while keeping their families’ financial security in focus.”
Key Features of Bajaj Life Global Wealth Builder
- Global investment opportunities: Provides access to six funds spanning global diversified equities, emerging markets equities, gold, liquid funds, AI opportunities equity fund and Global Pure Stock equity Fund, enabling customers to access international markets across sectors and asset classes.
- USD-denominated wealth creation: Enables customers to pay premiums and receive benefits in US dollars, helping them align their investments and financial goals in the same currency thereby reducing currency mismatch risk.
- Investment flexibility: Partial withdrawals are available after three policy years, while systematic partial withdrawals can be opted for after the 5th policy year, subject to applicable policy conditions and charges.
- Choice of benefit options: Offers three options, namely: Wealth, Secure and Secure Plus, to address different financial needs, from wealth creation to family protection and legacy planning.
- Secure Plus – an innovative combination of protection, income and legacy: Under Secure Plus, in the event of the life assured’s death, nominees receive the Sum Assured, along with annual income equal to one annualised premium throughout the remaining policy term, while the Fund Value remains payable on maturity.
- Competitive Charges and wealth-enhancement benefits: The product has zero premium allocation and policy-administration charges. It also rewards the customer through loyalty additions and a maturity booster, subject to policy conditions and eligibility criteria.
- Flexible benefit payouts: Allows maturity and death benefits to be received in instalments over a period of up to 15 years, subject to policy conditions.
The launch of Global Wealth Builder reflects Bajaj Life Insurance’s continued focus on building innovative, customer-centric solutions that keep pace with how customers live, earn and plan today. With its entry into GIFT City, the company extends this approach to a wider community of customers across geographies and reaffirms its commitment to helping them achieve their life goals with confidence.