Bajaj Allianz Term Insurance Plans

Bajaj Allianz Life Insurance Company Limited is a venture formed after Bajaj Finserv Limited and Allianz SE collaborated together. Bajaj Allianz Life has been serving since 2001. One of the renowned private insurance providers in India, Bajaj Allianz Life offers the best comprehensive budget friendly insurance plans at affordable premium rates. When it comes to term insurance plans, Bajaj Allianz Life offers both online and offline term insurance plans. The company offers total right term insurance plans.

Bajaj Allianz Life Term Insurance Plans

The 8 term insurance plans provided by Bajaj Allianz Life include:

• Bajaj Allianz Life Smart Protect Goal: This is a term insurance plan that offers life cover at a reasonable premium price. The plan comes with a maturity benefit, thereby allowing the policyholder to retrieve the total premiums paid at the time of maturity. Under the plan, you also get financial support if diagnosed with any listed critical illnesses. The plan can be customized to suit the different insurance needs of an individual.
• Bajaj Allianz Life eTouch Online Term: Bajaj Allianz Life eTouch Online Term plan is the ultimate financial protection one needs if they get diagnosed with a critical illness. Under this plan, you get financial aid in case of accidental total permanent disability. Moreover, Waiver of Premium benefit as well. This plan offers four plan options to make a choice from as per one’s needs.
• Bajaj Allianz iSecure: This plan offers life cover at reasonable premiums. With Bajaj Allianz iSecure, you get financial protection to secure your family in your absence. The claimant can opt for death benefit payout in instalments of equal amount for five or ten years as per their preference.
• Bajaj Allianz iSecure More: This plan offers the desired financial security you may like your family to have in your absence. Under the plan, the claimant has an option to opt for death benefit payout in instalments of equal amounts for 5 or 10 years. Bajaj Allianz iSecure More also offers a 5% increase of the sum assured on every anniversary date of the policy.
• Bajaj Allianz iSecure Loan: This is a debt cover term plan. Bajaj Allianz iSecure Loan helps the policyholder’s family member repay the loan taken by the policyholder. This plan helps family members of the policyholder to fulfill their life goals without worrying about repaying the loan that the policyholder might have taken.
• Bajaj Allianz Life Secure: This is a whole life term insurance plan that offers life coverage upto 100 years of age. The plan comes with multiple life cover options like death benefit, death benefit in addition to accidental benefit or death benefit or accelerated critical illness in addition to waiver of premium benefit.
• Bajaj Allianz LifeStyle Secure: This plan provides level cover term assurance with addition to accelerated critical illness benefit. If the policyholder passes away due to a critical illness, the benefit amount is paid in equal instalments as per the policy term chosen. Bajaj Allianz LifeStyle Secure plan does not require undergoing any medical examination before policy purchase.
• Bajaj Allianz Saral Jeevan Bima: Bajaj Allianz Saral Jeevan Bima is a term policy that offers up to Rs. 25 lakh life cover for a maximum period of 40 years, thereby allowing financial security to your loved ones. The plan allows one to choose single, multiple and regular premium paying terms as per their needs.