Bajaj Allianz Term Insurance FAQs

Some of the prime term insurance riders that benefit in different scenarios other than death include accidental death benefit, accidental partial/total permanent disability benefit, critical illness cover, waiver of premium benefit and more.

Yes, you can! However, it is advisable to buy only a certain number of term plans that do not hamper your life goals.

The waiver of premium benefit is available in case of critical illness (including accidental total permanent disability) or death of the life assured.

Bajaj Allianz Life term insurance will provide you with multiple premium paying term options like single, limited and regular so that your needs are met.

It takes 30 days for Bajaj Allianz Life Insurance to prove the claim decision. It may take 120 days to get the claim settled if the claim requires any kind of investigation.

Bajaj Allianz Life Insurance Company approves a claim just 1 after receiving the intimation, in case the investigation is not required.

Bajaj Allianz Life Insurance has had a CSR of 98.02% in the FY 2019-20.

If in any case the nominee passes away or is not mentioned in the insurance policy then the claim is paid out to the legal heir.

You should choose Bajaj Allianz to buy a term insurance plan to make the most of benefits like high CSR (98.02%), vast network across the country, large product variety with excellent features, prompt claim settlement and more.

Yes! You can choose Bajaj Allianz Life Smart Protect Goal policy that will help you avail the benefit of joint cover for you and your spouse.

Life Smart Protect Goal, eTouch Online Term, and iSecure are some of the Bajaj Allianz term insurance plans that you can easily buy online.

Any individual between 18 years and 65 years can buy Bajaj Allianz Life Term Insurance plan that meets their requirements perfectly.

Term insurance plan is a life insurance policy type that provides financial security to your family for a specific time period. Term insurance plans have cost-effective premiums and come with additional rider options.

Some of the online term insurance plans offered by Bajaj Allianz include Life Smart Protect Goal, eTouch Online Term, and iSecure.

Medical tests are required while purchasing some of the Bajaj Allianz Life Term Insurance plans but Bajaj Allianz LifeStyle Secure does not require any medical examination before purchasing it.

Bajaj Allianz Life Term Insurance offers multiple add-ons also known as riders, these add-ons help in providing additional benefits. Bajaj Allianz strives to provide comprehensive life cover at affordable prices that not only fulfills an individual’s insurance requirements but also fits in their budget.

Yes, this calculator is an excellent tool which will provide you with an accurate premium amount depending on your inputs.

The premium amount gets increased with the addition of any of the optional additional riders. The reason is because additional riders provide additional benefits at a little extra cost.

Yes, age affects the calculation of the overall premium because it is considered that if the age is higher the risk will increase which increases the premium.

The premium for smokers as well as those who consume tobacco or alcohol is generally on the higher side as they are considered to be in the high-risk category. It must be noted that the premium is different for tobacco/alcohol consumers and non tobacco/alcohol consumers.