Written By: |
Reviewed By:

Updated on Oct 15, 2025 3 min read

Bajaj iSecure plan

Bajaj iSecure is a non-linked, non-participating plan that offers an advanced level of term insurance coverage at a low cost. The plan offers rewards for maintaining a healthy lifestyle and special premium rates for non-smokers and women. The policyholder gets the flexibility to select their policy terms, and premium payment frequency and can even add a spouse later during the policy term. To meet the financial changes in life the plan offers an option of opting for payment of benefits in installments and adding a rider for extra coverage.

Bajaj iSecure Plan offers you a range of benefits including:

Death Benefits
Surrender Benefits
Rider Benefits
Discounts

High-sum assured discounts
Joint life cover

Eligibility Criteria for Bajaj iSecure plan

Entry age

Minimum Age - 18 years Maximum Age - 65 years

Maturity age

Maximum Maturity Age - 85 years

Policy term

Minimum term - 10 years Maximum term - 85 minus Entry Age

Sum assured

Base sum assured: Rs 25 lakhs to 1 crore

Policy loan

The policy loan is not available under Bajaj i-Secure Term Plan

Payment modes

Annual, half-yearly, quarterly & monthly

How Does Bajaj iSecure Plan Work?

Let's understand how the Bajaj iSecure Plan works with a simple premium illustration.

Problem

Mr. Verma is looking for a term plan that provides financial coverage to his family in case of his demise at affordable premiums and also let him add his wife in the same plan.

Solution

His financial advisor advised him to buy the Bajaj iSecure Term Plan. He visited PolicyX.com

Let's understand how the Bajaj iSecure Term Plan works for him with a premium illustration table.

Age of policyholder	Annual premiums	Policy tenure	Premium payment term	Total premiums paid	Sum assured
30 years	Rs 3,723	20 years	20 years	Rs 74,460	Rs 25 lakhs

Key Takeaways: In case of Mr. Verma's demise during the policy tenure, Rs 25 lakhs will be paid to their nominee.

Benefits of Bajaj iSecure plan

Here are the benefits associated with the Bajaj iSecure plan

Tired of Pushy Sales? Get Insurance, Your Way

Riders Associated with Bajaj iSecure Term Plan

You can add the following riders to your Bajaj iSecure Term Plan:

Bajaj Accidental Death Benefit Rider

In case of the policyholder’s demise due to the accident benefits are paid to their nominee.

Bajaj Waiver of Premium Benefit Rider

Future premiums are waived off in case of the policyholder’s demise due to accidental death, disability, or any of the 11 critical illnesses mentioned.

Bajaj Accidental Permanent Total/ Partial Disability Benefit Rider

Under the accidental disability rider,benefits are offered in case of the policyholder’s disability or demise due to the accident.

Features of Bajaj iSecure plan

Policy loan

Under the Bajaj e-Touch Term Plan you cannot avail a loan against your policy.

Include your spouse at a later stage

Include your spouse at a later date in your existing policy, if you are single at present

Benefits in installments

Plan to meet the recurring expenses of your loved ones’ by opting for payment of benefits in installments

Affordable premiums

This rider offers financial benefits in case the policyholder becomes partially or totally disabled.

Choose the premium payment term at the start of the policy

You have to choose your premium payment tenure at the start of the policy and cannot be changed at a later stage.

Exclusions of Bajaj iSecure Term Plan

Here is the exclusion associated with the plan:

Suicide during the first 12 months of policy inception will not be covered.

Conclusion

Bajaj iSecure Term Plan is a pure term plan that offers life insurance cover at nominal costs and enables the nominee of the policyholder to receive a death benefit in installments. It is a simple plan with 2 premium payment options, high sum assured discounts, life cover for the spouse, discounts for maintaining healthy lifestyle, and tax benefits.

If you want to know more about the plan or any of the Bajaj term plans, you can contact policyX.com via calling on the number 1800 420 0269. Our insurance experts will listen to your unique requirements and suggest the best Bajaj term insurance plan for you.

Explore more about Bajaj Term Insurance

Explore other Bajaj Term Insurance

Bajaj 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 Term Insurance plans. Below is the list of term plans offered by Bajaj Term.

Bajaj Superwoman Term Plan

‘A woman who takes care of everyone in the family deserves a comprehensive solution that provides her protection.’ Bajaj Life Superwoman T...

Unique Features

Critical Illness Cover
Free Health Management Services
Child Care Benefit

Bajaj Superwoman Term Plan (Pros)

Critical Illness Cover
Free Health Management Services
Child Care Benefit

Bajaj Superwoman Term Plan (Cons)

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

Bajaj Superwoman Term Plan (Other Benefits)

Death Benefits
Terminal Illness
Benefit Waiver of Premium

Bajaj Superwoman Term Plan (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 iSecure More

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

Unique Features

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

Bajaj iSecure More (Pros)

7 Plan Options
Cover Continuance Benefit
Inbuilt Terminal Illness Cover

Bajaj iSecure More (Cons)

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

Bajaj iSecure More (Other Benefits)

Death Benefits
Increasing Sum Assured
Tax Rebates

Bajaj 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 Diabetic Term

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

Unique Features

Keep Fit Benefit
Health Coaching
Second Medical Opinion

Bajaj Diabetic Term (Pros)

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

Bajaj Diabetic Term (Cons)

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

Bajaj Diabetic Term (Other Benefits)

Tax Benefits Available
Flexible Sum Assured Options
Multiple Premium Payment Frequencies

Bajaj 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 Life Smart Protect Goal

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

Unique Features

Critical illnesses covered
Return of Premiums
4 Plan variants

Bajaj Life Smart Protect Goal (Pros)

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

Bajaj Life Smart Protect Goal (Cons)

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

Bajaj Life Smart Protect Goal (Other Benefits)

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

Bajaj 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 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 Lifestyle Secure Plan (Pros)

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

Bajaj Lifestyle Secure Plan (Cons)

No Loans Allowed
No Surrender Benefit
No Maturity Benefit

Bajaj Lifestyle Secure Plan (Other Benefits)

Suicide Cover
Easy Claim Settlement
Policy revival Within 5 Years

Bajaj 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 iSecure Loan

Bajaj 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, you can ...

Unique Features

Protection against loan
Joint life cover
Rider benefits

Bajaj iSecure Loan (Pros)

Suicide Cover
Tax benefits
Policy Revival within 5 Years

Bajaj iSecure Loan (Cons)

No Survival Benefit
No Surrender Benefit
No Discount Benefit

Bajaj iSecure Loan (Other Benefits)

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

Bajaj 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 Saral Jeevan Bima

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

Unique Features

Death Benefit
Tax Benefit
25 Lakh Max Sum Assured

Bajaj Saral Jeevan Bima (Pros)

Spouse Cover
Max Sum Assured 25 Lakh
Available for Online Buying

Bajaj Saral Jeevan Bima (Cons)

No Survival Benefit
No Surrender Benefit
No Maturity Benefit

Bajaj Saral Jeevan Bima (Other Benefits)

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

Bajaj 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 Life Secure

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

Unique Features

3 Plan Options
Critical Illness Benefit
Waiver Of Premium

Bajaj Life Secure (Pros)

Surrender Benefit
Suicide Cover
Choose your Sum Assured

Bajaj Life Secure (Cons)

No Survival Benefit
No Thyroid Cancer Cover
No Maturity Benefit

Bajaj Life Secure (Other Benefits)

Death Benefit
Accelerated Critical Illness
Waiver of premium Benefit

Bajaj 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