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Updated on Oct 13, 2025 3 min read

Bajaj Term Plan Calculator

The Bajaj Term Plan Calculator offered by Bajaj term plan calculator is designed to make your term insurance premium calculation simpler and free of chaos. A potential policyholder can use Bajaj term insurance premium calculator to figure out how much premium they need to pay for the policy they have chosen. This calculator helps you calculate the premium for the Bajaj Life Insurance term plan.

In a nutshell, it’s an easy-to-use tool that will help you figure out how much the term insurance that you are considering buying will cost you regularly and how much insurance coverage you need to fulfil your needs and achieve your family’s life goals.

With the Bajaj Term Insurance calculator, you can also calculate how much money will be received when the policy expires. With such online tools, it is easier to calculate the premium without carrying out complex calculations yourself.

Why Use Bajaj Term Insurance Premium Calculator?

While choosing a best term plan it is often possible that you will get confused with the several plans available in the insurance market. To escape from all the hassles and confusion, it is important for you to use an online tool that will help you compare and choose various plans effectively.Bajaj Term Plan Calculator is one such online tool that will help you choose the right plan along with the right coverage. With the help of the Bajaj erm Insurance calculator, you can quickly determine the amount of premium that should be paid for a specific policy.

Benefits of Bajaj Term Insurance Premium Calculator

Some of the primary advantages of using the Bajaj Term Insurance premium calculator are listed below:

Bajaj Term Insurance Calculator is a free-to-use tool. You don’t have to pay a single penny to use this tool on PolicyX.com.
The premium calculator for Bajaj life term insurance is very simple to use. It also saves a significant amount of time. Anyone can quickly determine premium rates by entering information about their age, gender, coverage, and health conditions
Bajaj z Term Insurance Calculator can help you compare policy prices for various term insurance plans, allowing you to make the best decision possible. Bajaj z offers various term plans for the policyholders to choose from including Bajaj z eTouch, iSecure, Saral Jeevan Bima, Smart Protection Goal, and Diabetic Term Plan.

How to Calculate Bajaj Life Term Insurance Premiums?

Bajaj Term Insurance Calculator is very simple to use. Any individual can simply calculate their term insurance premiums by following the steps mentioned below:

First, go to the official website of Bajaj Life Insurance Company.
To determine the premium amount, the Bajaj term insurance premium calculator requires some information such as gender, date of birth, marital status, current liabilities, annual income, required coverage amount, etc. One also needs to fill in their smoking habits and other medical issues, if any
Enter the sum assured amount and the policy term as per your requirement
After entering the required information, a premium estimate will appear on the screen.
Once done, check if the suggested premium amount is within your budget or not. If it is, you can proceed to purchase a term policy to protect your loved ones’ financial future. If not, you might adjust the sum assured to come up with different premium rates that fit the budget.

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

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 ...

Unique Features

105% Death Benefit
Rider Benefit
50 lakhs Max Sum Assured

Bajaj iSecure plan (Pros)

No Suicide Cover
Healthy Lifestyle Incentives
Customizable Options

Bajaj iSecure plan (Cons)

No Maturity Benefit
Limited Rider Options
Limited Availability for POS Channel

Bajaj iSecure plan (Other Benefits)

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

Bajaj iSecure plan (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 Life e-Touch

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

Unique Features

High SI Available
Accidental Death Benefit
Health Management Services

Bajaj Life e-Touch (Pros)

Shield
Shied Plus
Shield Supreme

Bajaj Life e-Touch (Cons)

No Loans Allowed
No Surrender Benefit
No Maturity Benefit

Bajaj Life e-Touch (Other Benefits)

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

Bajaj 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

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Bajaj Term Insurance Calculator: FAQs

1. What is Bajaj Term Insurance Calculator?

Bajaj Term Insurance Calculator is an online tool that helps you calculate your term insurance premium amount.

2. How is Bajaj Term Insurance Calculator useful?

You can get your premium details instantly after providing some basic details to the calculator.

3. Is it good to take term insurance from Bajaj?

Bajaj Term Insurance is one of the most cost-effective ways to keep the family’s life objectives on track even when you are not around or life takes any untoward turn.

4. How many term plans are offered by Bajaj?

There are 8 term plans offered by Bajaj Life Insurance.

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Bajaj Term Plan Calculator

Why Use Bajaj Term Insurance Premium Calculator?

Benefits of Bajaj Term Insurance Premium Calculator

How to Calculate Bajaj Life Term Insurance Premiums?

Explore other Bajaj Term Insurance

Bajaj Superwoman Term Plan (Pros)

Bajaj Superwoman Term Plan (Cons)

Bajaj Superwoman Term Plan (Other Benefits)

Bajaj Superwoman Term Plan (Eligibility Criteria)

Bajaj iSecure More (Pros)

Bajaj iSecure More (Cons)

Bajaj iSecure More (Other Benefits)

Bajaj iSecure More (Eligibility Criteria)

Bajaj Diabetic Term (Pros)

Bajaj Diabetic Term (Cons)

Bajaj Diabetic Term (Other Benefits)

Bajaj Diabetic Term (Eligibility Criteria)

Bajaj Life Smart Protect Goal (Pros)

Bajaj Life Smart Protect Goal (Cons)

Bajaj Life Smart Protect Goal (Other Benefits)

Bajaj Life Smart Protect Goal (Eligibility Criteria)

Bajaj Lifestyle Secure Plan (Pros)

Bajaj Lifestyle Secure Plan (Cons)

Bajaj Lifestyle Secure Plan (Other Benefits)

Bajaj Lifestyle Secure Plan (Eligibility Criteria)

Bajaj iSecure Loan (Pros)

Bajaj iSecure Loan (Cons)

Bajaj iSecure Loan (Other Benefits)

Bajaj iSecure Loan (Eligibility Criteria)

Bajaj Saral Jeevan Bima (Pros)

Bajaj Saral Jeevan Bima (Cons)

Bajaj Saral Jeevan Bima (Other Benefits)

Bajaj Saral Jeevan Bima (Eligibility Criteria)

Bajaj Life Secure (Pros)

Bajaj Life Secure (Cons)

Bajaj Life Secure (Other Benefits)

Bajaj Life Secure (Eligibility Criteria)

Bajaj iSecure plan (Pros)

Bajaj iSecure plan (Cons)

Bajaj iSecure plan (Other Benefits)

Bajaj iSecure plan (Eligibility Criteria)

Bajaj Life e-Touch (Pros)

Bajaj Life e-Touch (Cons)

Bajaj Life e-Touch (Other Benefits)

Bajaj Life e-Touch (Eligibility Criteria)

Bajaj Term Insurance Calculator: FAQs

1. What is Bajaj Term Insurance Calculator?

2. How is Bajaj Term Insurance Calculator useful?

3. Is it good to take term insurance from Bajaj?

4. How many term plans are offered by Bajaj?

Explore Bajaj Term Insurance

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