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Updated on Aug 19, 2025 13 min read

Bajaj Allianz Term Insurance: Overview

Bajaj Allianz is a joint venture between Bajaj Finserv Limited (a non-financial institution) and Allianz SE (the world’s leading global insurance company), one of the reliable and trusted term insurance companies in India. It offers a wide range of insurance products to cater to the needs of its customers. Its offerings include term insurance plans, ULIPs, child plans, NRI plans, savings plans, etc. Bajaj Allianz term insurance plans offer a financial safety net to your loved ones in case of your unfortunate demise during the policy term.

The Bajaj Allianz term plans are easy on your pocket and can be purchased online from the comfort of your home. There are various term insurance plans offered by Bajaj Allianz that you can choose from.

What are some of the
Benefits
that set them apart?

Death benefit payout options
Flexible policy tenure
Additional riders to choose from
Shield against death, terminal illness and disability

Varied sum assured options
Tax-saving benefits
Discounts on premiums

Solvency Ratio

3.59
Claim Settlement Ratio

99.29
Annual Premium

23043.04 cr
Branches

576

Bajaj Allianz Term Insurance Plans

Bajaj Allianz Term Insurance offers you multiple term insurance plans based on the features, benefits, and eligibility criteria. Here are some of the term plans offered by Bajaj Allianz Term Insurance.

Plan	Entry Age	Tenure	Min. Sum Assured	Unique Features
Bajaj Allianz Superwoman Plan	Minimum age- 18 years, Maximum age- 60 years	Yearly, half-yearly, quarterly, and monthly	Rs 50 lakhs	Terminal Illness Benefit Waiver of Premium Critical Illness Benefit
Bajaj Allianz iSecure More Plan	Minimum age- 18 years, Maximum age- 60 years	Yearly, half-yearly, quarterly, and monthly	Rs 2.5 lakh	7 Plan Options Cover Continuance Benefit Inbuilt Terminal Illness Cover
Bajaj Allianz Diabetic Term Plan	Minimum Age - 18 years Maximum Age - 60 years	Annual, half-yearly, quarterly & monthly	Rs 25 lakhs	Life cover for diabetics Get health coach Get 2nd medical opinion
Bajaj Allianz Life Smart Protect Goal Plan	Minimum Age - 18 years Maximum Age - 65 years	Annual, half-yearly, quarterly & monthly	Rs 50 lakhs	Child protect cover Joint life cover Increasing life cover
Bajaj Allianz Lifestyle Secure Plan Plan	Minimum Age - 18 years Maximum Age - 50 years	Annual, half-yearly, quarterly & monthly	Rs 3 lakhs	Attractive rates for female lives High sum assured rebate No medical examination
Bajaj Allianz iSecure Loan Plan	Minimum Age - 18 years Maximum Age - 60 years	Annual, half-yearly, quarterly & monthly	Rs 3 lakhs	High sum assured rebate Option to enhance your coverage with rider benefits Life coverage against loan
Bajaj Allianz Saral Jeevan Bima Plan	Minimum Age - 18 years Maximum Age - 65 years	Annual, half-yearly, quarterly & monthly	Rs 5 lakhs	Life covers up to a term of 40 years Pay premiums at your convenience Settlement Option with Return Enhancer
Bajaj Allianz Life Secure Plan	Minimum Age - 25 years Maximum Age - 55 years	Annual, half-yearly, quarterly & monthly	No limit	3 coverage options to choose from Attractive premium rates for female lives Life cover up to the age of 100 years
Bajaj Allianz iSecure Plan	Minimum Age - 18 years Maximum Age - 65 years	Annual, half-yearly, quarterly & monthly	Rs 25 lakhs	Flexibility to choose your policy term depending on your requirements Alter your premium payment frequency Option to enhance your coverage with rider benefits Get rewarded for maintaining a healthy lifestyle
Bajaj Allianz Life e-Touch Plan	Minimum Age - 18 years Maximum Age - 65 years	Annual, half-yearly, quarterly & monthly	Rs 50 lakhs	Shield for your life to cover Death & Terminal Illness Exit early Premium Holiday option

Overview of Bajaj Allianz Term Insurance Plans

Here is a quick overview of the Bajaj Allianz Term Insurance Plans listed in the above table.

Bajaj Allianz Superwoman Plan

The Bajaj Allianz Superwoman Term Plan by Bajaj Allianz Life Insurance is a woman-centric plan that offers financial protection to their family in case something unfortunate happens to them.

Here are the key features of the above plan

Death Benefits
Terminal Illness Benefit
Waiver of Premium
Critical Illness Benefit
Child Care Benefit
Free Health Management Services

Explore other Bajaj Allianz Term Insurance

Bajaj Allianz Term Insurance offers one of the best term insurance plans to cater to the unique needs of every customer. You can buy their term plans with high life cover at pocket-friendly costs. Get a 5% discount for online purchases and 100% claim assistance with Bajaj Allianz Term Insurance plans. Below is the list of term plans offered by Bajaj Allianz.

Bajaj Allianz Superwoman

‘A woman who takes care of everyone in the family deserves a comprehensive solution that provides her protection.’ Bajaj Allianz Superwoma...

Unique Features

Critical Illness Cover
Free Health Management Services
Child Care Benefit

Bajaj Allianz Superwoman (Pros)

Critical Illness Cover
Free Health Management Services
Child Care Benefit

Bajaj Allianz Superwoman (Cons)

1 year waiting period for suicide
No policy loan
No pre-existing illness cover

Bajaj Allianz Superwoman (Other Benefits)

Death Benefits
Terminal Illness
Benefit Waiver of Premium

Bajaj Allianz Superwoman (Eligibility Criteria)

Entry age - 18 years
Max entry age - 60 years
Min sum assured - Rs 50 lakhs
Max maturity age - 99 years
PPT - RP/SP/LP

Bajaj Allianz iSecure More

Bajaj Allianz iSecure More by Bajaj Allianz Life Insurance is an increasing cover term assurance plan. It offers a financial safety net to your loved ...

Unique Features

Flexible Policy Tenure
Option to Avail Joint Life Cover
High Sum Assured Rebate

Bajaj Allianz iSecure More (Pros)

7 Plan Options
Cover Continuance Benefit
Inbuilt Terminal Illness Cover

Bajaj Allianz iSecure More (Cons)

1 year WP for suicide
No policy loan
No whole life coverage

Bajaj Allianz iSecure More (Other Benefits)

Death Benefits
Increasing Sum Assured
Tax Rebates

Bajaj Allianz iSecure More (Eligibility Criteria)

Entry age - 18 years
Max entry age - 60 years
Min sum assured - Rs 2.5 lakhs
Max maturity age - 70 years
PPT - Same as policy term

Bajaj Allianz Diabetic Term

Bajaj Allianz Life Diabetic Term Plan Sub 8 HbA1c is a unique protection plan offering term insurance coverage to pre-diabetics and type 2 diabetic in...

Unique Features

Keep Fit Benefit
Health Coaching
Second Medical Opinion

Bajaj Allianz Diabetic Term (Pros)

Premium Reduction on Renewal
Good Health Premium Discounts
Health Management Services.

Bajaj Allianz Diabetic Term (Cons)

No Maturity Benefit
No Surrender Value
Limited Coverage With Hba1c Level Above 8%

Bajaj Allianz Diabetic Term (Other Benefits)

Tax Benefits Available
Flexible Sum Assured Options
Multiple Premium Payment Frequencies

Bajaj Allianz Diabetic Term (Eligibility Criteria)

Entry Age -30 Years
Max Entry Age- 6 Years
Minimum Sum Assured - 25 L
Maximum Maturity Age - 75 Yrs
Premium Payment Term - LP

Bajaj Allianz Life Smart Protect Goal

Bajaj Allianz Life Smart Goal Protect is a comprehensive insurance plan that offers multiple benefits. An economic plan with affordable premium rates,...

Unique Features

Critical illnesses covered
Return of Premiums
4 Plan variants

Bajaj Allianz Life Smart Protect Goal (Pros)

Critical Illness Benefit
Accidental Death Benefit (ADB)
Accidental Total Permanent Disability Benefit

Bajaj Allianz Life Smart Protect Goal (Cons)

No Loans Allowed
180 Days WP For Critical Illness
No Rebate for SA above 3 cr

Bajaj Allianz Life Smart Protect Goal (Other Benefits)

Suicide Cover After 12 Months
Female Life Rebate
High Sum Assured Rebate (HSAR)

Bajaj Allianz Life Smart Protect Goal (Eligibility Criteria)

Entry Age -18 Years
Max Entry Age- 65 Years
Min Sum Assured - 5 L
Max Maturity Age - 75 Yrs(ROP)
Premium Payment Term - RP/SP/LP

Bajaj Allianz Lifestyle Secure Plan

Most Indians consider insurance an unnecessary expense because they're not sure whether to get life insurance or health insurance. What if we told you...

Unique Features

Level Cover Term
Terminal Illness Cover
Flexible-Premium Payment Term

Bajaj Allianz Lifestyle Secure Plan (Pros)

Family Cover
Choose your Policy Term (PT)
Inbuilt Accelerated Terminal Illness

Bajaj Allianz Lifestyle Secure Plan (Cons)

No Loans Allowed
No Surrender Benefit
No Maturity Benefit

Bajaj Allianz Lifestyle Secure Plan (Other Benefits)

Suicide Cover
Easy Claim Settlement
Policy revival Within 5 Years

Bajaj Allianz Lifestyle Secure Plan (Eligibility Criteria)

Entry Age -18 Years
Max Entry Age- 50 Years
Minimum Sum Assured - 3L
Maximum Maturity Age - 60 Years
Premium Payment Term - 5/ 7/ 10/ 15/ 20 Yrs

Bajaj Allianz iSecure Loan

Bajaj Allianz iSecure Loan is a pure protection loan cover term life insurance plan. With a flexible policy term and a minimum sum assured of 3 lacs, ...

Unique Features

Protection against loan
Joint life cover
Rider benefits

Bajaj Allianz iSecure Loan (Pros)

Suicide Cover
Tax benefits
Policy Revival within 5 Years

Bajaj Allianz iSecure Loan (Cons)

No Survival Benefit
No Surrender Benefit
No Discount Benefit

Bajaj Allianz iSecure Loan (Other Benefits)

Accidental Death Benefit Rider
Waiver of Premium Benefit Rider
Accidental Permanent Total/Partial Disability Rider

Bajaj Allianz iSecure Loan (Eligibility Criteria)

Entry Age -25 Years
Max Entry Age- 60 Years
Minimum Sum Assured - 3 L
Maximum Maturity Age - 65 Yrs
Premium Payment Term - 10/ 15/ 20/ 25 years

Bajaj Allianz Saral Jeevan Bima

Bajaj Allianz Sararl Jeevan Bima is a non-linked, non-participating individual, pure-risk premium life insurance plan designed to provide financial se...

Unique Features

Death Benefit
Tax Benefit
25 Lakh Max Sum Assured

Bajaj Allianz Saral Jeevan Bima (Pros)

Spouse Cover
Max Sum Assured 25 Lakh
Available for Online Buying

Bajaj Allianz Saral Jeevan Bima (Cons)

No Survival Benefit
No Surrender Benefit
No Maturity Benefit

Bajaj Allianz Saral Jeevan Bima (Other Benefits)

Avail Tax Benefits
Easy Claim Settlement Process
Flexible-Premium Payment term

Bajaj Allianz Saral Jeevan Bima (Eligibility Criteria)

Entry Age -18 Years
Max Entry Age- 65 Years
Minimum Sum Assured - 5L
Maximum Maturity Age - NA
Premium Payment Term - RP/SP/LP (5&10 Years)

Bajaj Allianz Life Secure

Bajaj Allianz Life Secure is an advanced term insurance plan that offers protection till your 100th birthday. This plan is a non-linked and non-partic...

Unique Features

3 Plan Options
Critical Illness Benefit
Waiver Of Premium

Bajaj Allianz Life Secure (Pros)

Surrender Benefit
Suicide Cover
Choose your Sum Assured

Bajaj Allianz Life Secure (Cons)

No Survival Benefit
No Thyroid Cancer Cover
No Maturity Benefit

Bajaj Allianz Life Secure (Other Benefits)

Death Benefit
Accelerated Critical Illness
Waiver of premium Benefit

Bajaj Allianz Life Secure (Eligibility Criteria)

Entry Age -18 Years
Max Entry Age- 65 Years
Minimum Sum Assured - 20 L
Maximum Maturity Age - NA
Premium Payment Term - 5 7 10 and 15 years

Bajaj Allianz iSecure

Bajaj Allianz iSecure is a non-linked, non-participating plan that offers an advanced level of term insurance coverage at a low cost. The plan offers ...

Unique Features

105% Death Benefit
Rider Benefit
50 lakhs Max Sum Assured

Bajaj Allianz iSecure (Pros)

No Suicide Cover
Healthy Lifestyle Incentives
Customizable Options

Bajaj Allianz iSecure (Cons)

No Maturity Benefit
Limited Rider Options
Limited Availability for POS Channel

Bajaj Allianz iSecure (Other Benefits)

Tax Benefits
Premium Payment Options
High Sum Assured Rebate (HSAR)

Bajaj Allianz iSecure (Eligibility Criteria)

Entry Age -18 Years
Max Entry Age- 65 Years
Minimum Sum Assured - 2.5 L
Maximum Maturity Age - 85 Yrs
Premium Payment Term - 10 to 25 Yrs

Bajaj Allianz Life e-Touch

Bajaj Allianz e-touch is a pure term insurance plan safeguarding you and your loved ones from unforeseen circumstances. The plan is equipped to manage...

Unique Features

High SI Available
Accidental Death Benefit
Health Management Services

Bajaj Allianz Life e-Touch (Pros)

Shield
Shied Plus
Shield Supreme

Bajaj Allianz Life e-Touch (Cons)

No Loans Allowed
No Surrender Benefit
No Maturity Benefit

Bajaj Allianz Life e-Touch (Other Benefits)

Max Sum Assured 2 Cr
Sheild Super
High Sum Assured Rebate (HSAR)

Bajaj Allianz Life e-Touch (Eligibility Criteria)

Entry Age -18 Years
Max Entry Age- 65 Years
Minimum Sum Assured - 50 L
Maximum Maturity Age - 75 Yrs
Premium Payment Term - 10 to 40 Yrs

Riders You Can Avail With Bajaj Allianz Term Insurance Plans

You can avail of the following riders with Bajaj Allianz term insurance plans.

Name of the rider	Benefits
Bajaj Allianz Waiver of Premium Benefit Rider	Future premiums are waived in case of the policyholder’s demise due to accidental death, disability, or any of the 11 critical illnesses mentioned.
Bajaj Allianz Family Income Benefit Rider	1% of the sum assured is offered for a rider term or 10 years as family income in case of accidental death, disability, or diagnosis of any of 11 critical illnesses.
Bajaj Allianz Accidental Death Benefit Rider	In case of the policyholder’s demise due to an accident, an additional payout is given to the nominee along with the base sum assured.
Bajaj Allianz Accidental Permanent Total/Partial Disability Benefit Rider	Additional payout is offered in case of total or partial disability of the policyholder due to an accident.
Bajaj Allianz Critical Illness Rider	Benefits are offered to the nominee in case of the policyholder’s demise due to any of 11 listed critical illnesses.

Benefits of Bajaj Allianz Term Insurance

Bajaj Allianz Term Insurance is one of the most trustworthy and reliable insurer partners you can choose from. Here are the reasons why you should choose Bajaj Allianz Term Insurance Plans:

Tired of Pushy Sales? Get Insurance, Your Way

Eligibility Criteria of Bajaj Allianz Term Insurance Plans

To purchase a Bajaj Allianz term insurance plan in 2025, certain eligibility criteria must be met. Let's understand the eligibility criteria in detail.

Age: A person between the ages of 18 and 65 is eligible to apply for a term life insurance plan. The policyholder’s age is a key factor in the term insurance plan’s premium.

Health condition: Since a Bajaj Allianz term insurance plan insures the policyholder’s life, most insurance providers require a policyholder to undergo a health examination to determine the current health condition and the inherent risks for the insurer. Be completely honest about your health condition and medical history to avoid issues during claim settlement.

Income: A Bajaj Allianz term insurance plan has no specified minimum income requirement. However, they might ask you for your bank statement copies and salary slips to determine the coverage on your term plan.

Smoking habits: If you smoke or have been a smoker in the past, you must disclose this information to the insurer. It is because smokers are exposed to severe health hazards like lung cancer.

Citizenship: Indian citizens can buy a Bajaj Allianz term insurance plan in India in their name. However, NRIs or PIOs can also leverage the benefits of a term insurance plan in India.

Additional Benefits Offered By Bajaj Allianz Plans

Bajaj Allianz Term Insurance Plans offer various additional benefits to the policyholders.

Premium Holiday Option

Some Bajaj Allianz term plans, such as Bajaj Allianz eTouch, offer you the option to skip your premiums for 1, 2, and 3 years in case of any uncertainty.

Health Management Services

Bajaj Allianz term plans, such as Bajaj Allianz Life Diabetic Term Plan II Sub 8 HbA1c, offer health management services through webinars, medical consultations, etc.

High Sum Assured Rebate

Bajaj Allianz Term Plans offer discounts to the policyholders on choosing high sum assured with their plan.

Joint Life Cover

Bajaj Allianz term insurance plans, such as Bajaj Life iSecure, offer a joint life cover option so that you can cover your spouse under a single plan.

Female Life Rebate

Some Bajaj Allianz term plans, such as Bajaj Allianz Life Saral Jeevan Bima, offer special discounts to female policyholders

Types of Bajaj Allianz Term Plans

There are various Bajaj Allianz term plans based on their features, policy tenure, benefits, etc. You can choose the one that best suits your requirements.

Basic Term Plan

Plan Name: Bajaj Allianz Saral Jeevan Bima

These plans only provide a sum assured to the nominee in case of the death of the policyholder. No survival benefits are included.

Term Plan with Return of Premium

Plan Name: Bajaj Allianz e-Touch Term Plan

These plans give the premium amount back to the policyholders only if they survive the policy term.

Term Insurance with Monthly Income

Plan Name: Bajaj Allianz Life Smart Protect Goal

These plans offer monthly income to the policyholder’s dependents in case of the policyholder’s demise.

Term Insurance with Critical Illness

Plan Name: Bajaj Allianz Life Secure

These plans offer inbuilt coverage against critical illnesses.

Term Insurance with Accidental Disability & Death Cover

Plan Name: Bajaj Allianz Lifestyle Secure

These plans offer inbuilt coverage against accident disability and death cover.

Documents Required to Buy Bajaj Allianz Term Insurance Policy

Here are the documents required to buy a Bajaj Allianz Term Insurance Policy:

Photo ID Proof
Age Proof
Address Proof
Medical Records
Income Proof

Photo ID Proof

Photo ID Proof (Any one) - Passport, Aadhaar card, PAN card, Driving license.

How to Buy a Bajaj Allianz Term Insurance Plan?

You can buy the Bajaj Allianz Term Insurance policy from Policyx.com or the Bajaj Allianz Term Insurance website.

Step 1
Fill out the form at the top of this page with the necessary details.
Step 2
Select your income and city. Click on 'Proceed'.
Step 3
Update your education and occupation details.
Step 4
Choose your preferred plan and click on 'Buy this plan'.
Step 5
Select the policy term, premium period, and riders (if required), and then proceed to make the payment.

Step 1
Visit the official website of Bajaj Allianz Life Insurance Company.
Step 2
Click on ‘Buy Term Plan' on the navigation bar and select ‘Term Insurance Plans'.
Step 3
Click on the ‘Buy Now' button and fill in the required details.
Step 4
Tap on 'Next' and select a plan as per your requirements.
Step 5
Select the cover option you want and make your payment.

You can use the PolicyX Term Insurance Calculator to get your premium amount.

Why Choose PolicyX.com?

Don't just take our word for it - check out what our happy customers say about us!

All my claims were rejected for 3 years. Then, I received a text from PolicyX team, who noticed that my claims hadn't been settled. They managed to get my claims settled, totalling ₹4.5 L. I really appreciate the efforts of the PolicyX advisors for their support in settling my claims.

Ravindra Singh

I highly appreciate the help of the PolicyX team for settling my claim of Rs. 5 Lakhs with zero deductions. I took a policy online from them in March 2024. As a customer, it's been a great experience throughout the process.

Priti varshney

I'm very satisfied because my claim of over ₹2 L has been settled as a result of your team effort. However, I was very upset with the insurer, who delayed the claim for almost 2 months. But with your support and interaction, the claim was settled within 30 days & I appreciate it a lot.

Nisha Mary

I bought my health policy from PolicyX, and so far, it's been a very pleasant experience with the team. I really appreciate the help for renewing my health policy. I look forward to continuing my relationship with PolicyX and recommend it to everyone.

Ajay Shah

PolicyX has been a savior during a medical emergency in my family recently. My wife was admitted in the hospital, and the insurance company declined my claim request. The PolicyX team handled the situation very well and I received the claim right on time.

Vijay Rathod

I purchased a health plan for the very first time and the support by PolicyX is commendable. They helped me with the paperwork, explained the policy details to me with patience and supported me at every step of policy buying. A big thanks to you guys.

Uma Mahajan

How to File a Bajaj Allianz Term Insurance Plan Claim

Filing a claim for the Bajaj Allianz Term Plan is a simple and hassle-free task. You can easily fill and submit their claims online or offline. To file a claim for the Bajaj Allianz Term Plan, you need to follow the below-mentioned steps.

Online Process

Claim Reporting

Inform the company about the incident via any of the channels- by writing an email at customercare@bajajallianz.co.in, calling the toll-free number (020-66026773), filling out the online claim form on its website, or visiting the nearest branch.

Claim Review

Bajaj Allianz’s customer support staff will review your claim form and will assist you at every step. Their staff will next evaluate your claim and notify you if any papers are still pending.

Claim Approval and Settlement

After receiving all the documents and claim forms, the company will verify the details as per their norms. On successful completion, the claim will be settled and the amount will be transferred to the nominee's bank account and the same will be communicated to him/her over a call or an email.

Offline Process

You can also report a Bajaj Allianz Term Insurance claim by visiting their nearest branch office. For details of your nearest branches, you can visit the 'Contact Us' section on their official website. You have to carry all your essential documents to the branch so that your claim can be processed smoothly.

More Queries?

If you have any more queries regarding Bajaj Allianz Term Insurance Plans, Renewals, or Claim Procedures, contact our insurance experts at:
1800-4200-269 now!

FAQs: Bajaj Allianz Term Insurance

1. Are deaths due to coronavirus covered by Bajaj Allianz Life Term Insurance Plans?

Death claim due to COVID-19 is covered under all policies of Bajaj Allianz Life and shall be processed as per the terms and conditions of the policy.

2. How to renew Bajaj Allianz Term Insurance?

There are two ways of renewing your policy: online and offline.

3. What is the procedure for reporting a death claim in Bajaj Allianz term insurance when there is no nomination or in case of the nominee’s death?

In the above situations, you have to submit a proof of title/succession certificate issued by a competent court. In case you have not submitted the proof, the company will hold the money till the proof is submitted and pay interest as directed by the Insurance Regulatory and Development Authority of India.

4. How can I track the claim status for my Bajaj Allianz Term Insurance plan?

For the same, you have to visit the official website of the company and log in to your account. There, you can check the details of the plan and claim status as well.

5. How long does it take for Bajaj Term Insurance to settle a term insurance claim?

The claim settlement time may vary depending on the complexity of the claim and the availability of required documents, typically within 15 to 30 days from the submission of all necessary documents.

6. Can I track the status of my term insurance claim online with Bajaj Allianz Term Plan?

Yes, you can check the claims online from the official website. All you have to do is log in using your credentials and search for the term insurance claim section.

7. Are pre-existing conditions covered under Bajaj Allianz term insurance plans?

It depends upon the plan you opt for, pre-existing conditions may have certain waiting periods before they are covered under Bajaj Allianz term insurance plans.

8. What happens if I become disabled due to an accident and cannot pay the premiums for my Bajaj Allianz term plan?

Bajaj term insurance plans offer the ‘Waiver of Premium Benefit’ rider. If you become disabled due to an accident and are unable to pay the premiums, this rider ensures that your policy remains active and your coverage continues without the burden of premium payments.

9. Can I customize my Bajaj Allianz term insurance plan to suit my specific needs?

Yes, the company offers flexible term insurance plans that can be customized to meet your individual requirements. You can choose optional riders like critical illness cover, accidental disability cover, and waiver of premium benefits to enhance your coverage.

10. Are there any tax benefits offered by Bajaj Allianz Term Plans?

Term insurance premiums up to Rs 1.5 lakh in a year are eligible for tax deduction under Section 80C of the Income Tax Act, 1961. Additionally, any amount received from a term plan is tax-exempt under Section 10 (10D) of the Income Tax Act, 1961. However, these exemptions and deductions are subject to the provisions stated in the Income Tax Act, of 1961.

11. What is the claim settlement ratio of Bajaj Allianz’s term life insurance?

As per the IRDAI report 2023-24, Bajaj Allianz has a claim settlement ratio of 99.23%

12. What are the benefits of Bajaj Allianz term insurance?

Bajaj Allianz term insurance plans offer a range of benefits including flexible policy tenure, choice of sum assured, tax benefits, choice of premium payment term, etc.

13. Which is better, LIC or Bajaj Allianz?

Both LIC and Bajaj Allianz are the best life insurance companies. While Bajaj Allianz offers affordable term plans with a number of customization options, LIC is a trusted life insurer with a long history in the insurance market.

14. Is Bajaj Allianz good for term insurance?

Yes, Bajaj Allianz is a good insurer to buy a term insurance plan.

15. How can I check my Bajaj Allianz life policy status?

You can check the status of your Bajaj Allianz plan by visiting their official website.

16. Can I trust Bajaj Allianz Life Insurance?

Yes, you can trust Bajaj Allianz Life Insurance. They are trusted name from more than a decade.

17. How can I buy Bajaj Allianz Term Insurance?

You can buy Bajaj Allianz term insurance either from PolicyX.com or their official website.

Explore Bajaj Allianz Term Insurance

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Written By: Himanshu Kumar

Himanshu is a seasoned content writer specializing in keeping readers engaged with the insurance industry, term and life insurance developments, etc. With an experience of 2 years in insurance and HR tech, Himanshu simplifies the insurance information and it is completely visible in his content pieces. He believes in making the content understandable to any common man.

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Bajaj Allianz Term Insurance: Overview

Bajaj Allianz Term Insurance Plans

Overview of Bajaj Allianz Term Insurance Plans

Here are the key features of the above plan

Here are the key features of the above plan

Here are the key features of the above plan

Here are the key features of the above plan

Here are the key features of the above plan

Here are the key features of the above plan

Here are the key features of the above plan

Here are the key features of the above plan

Explore other Bajaj Allianz Term Insurance

Bajaj Allianz Superwoman (Pros)

Bajaj Allianz Superwoman (Cons)

Bajaj Allianz Superwoman (Other Benefits)

Bajaj Allianz Superwoman (Eligibility Criteria)

Bajaj Allianz iSecure More (Pros)

Bajaj Allianz iSecure More (Cons)

Bajaj Allianz iSecure More (Other Benefits)

Bajaj Allianz iSecure More (Eligibility Criteria)

Bajaj Allianz Diabetic Term (Pros)

Bajaj Allianz Diabetic Term (Cons)

Bajaj Allianz Diabetic Term (Other Benefits)

Bajaj Allianz Diabetic Term (Eligibility Criteria)

Bajaj Allianz Life Smart Protect Goal (Pros)

Bajaj Allianz Life Smart Protect Goal (Cons)

Bajaj Allianz Life Smart Protect Goal (Other Benefits)

Bajaj Allianz Life Smart Protect Goal (Eligibility Criteria)

Bajaj Allianz Lifestyle Secure Plan (Pros)

Bajaj Allianz Lifestyle Secure Plan (Cons)

Bajaj Allianz Lifestyle Secure Plan (Other Benefits)

Bajaj Allianz Lifestyle Secure Plan (Eligibility Criteria)

Bajaj Allianz iSecure Loan (Pros)

Bajaj Allianz iSecure Loan (Cons)

Bajaj Allianz iSecure Loan (Other Benefits)

Bajaj Allianz iSecure Loan (Eligibility Criteria)

Bajaj Allianz Saral Jeevan Bima (Pros)

Bajaj Allianz Saral Jeevan Bima (Cons)

Bajaj Allianz Saral Jeevan Bima (Other Benefits)

Bajaj Allianz Saral Jeevan Bima (Eligibility Criteria)

Bajaj Allianz Life Secure (Pros)

Bajaj Allianz Life Secure (Cons)

Bajaj Allianz Life Secure (Other Benefits)

Bajaj Allianz Life Secure (Eligibility Criteria)

Bajaj Allianz iSecure (Pros)

Bajaj Allianz iSecure (Cons)

Bajaj Allianz iSecure (Other Benefits)

Bajaj Allianz iSecure (Eligibility Criteria)

Bajaj Allianz Life e-Touch (Pros)

Bajaj Allianz Life e-Touch (Cons)

Bajaj Allianz Life e-Touch (Other Benefits)

Bajaj Allianz Life e-Touch (Eligibility Criteria)

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Riders You Can Avail With Bajaj Allianz Term Insurance Plans

Benefits of Bajaj Allianz Term Insurance

Eligibility Criteria of Bajaj Allianz Term Insurance Plans

Additional Benefits Offered By Bajaj Allianz Plans

Premium Holiday Option

Health Management Services

High Sum Assured Rebate

Joint Life Cover

Female Life Rebate

Types of Bajaj Allianz Term Plans

Basic Term Plan

Plan Name: Bajaj Allianz Saral Jeevan Bima

Term Plan with Return of Premium

Plan Name: Bajaj Allianz e-Touch Term Plan

Term Insurance with Monthly Income

Plan Name: Bajaj Allianz Life Smart Protect Goal

Term Insurance with Critical Illness

Plan Name: Bajaj Allianz Life Secure

Term Insurance with Accidental Disability & Death Cover

Plan Name: Bajaj Allianz Lifestyle Secure

Documents Required to Buy Bajaj Allianz Term Insurance Policy

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