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 Term Insurance Plan is a unique offering for female policyholders by Bajaj Life Insurance. This plan offers financial safety to her family in case of her death or diagnosis of any of the 60 listed critical illnesses. The child care benefit offered with this plan provides a regular income (0.1% to 0.5% of the rider sum assured) to cover the education expenses of a dependent child in case something unexpected happens to the mother.

Superwoman Term Plan offers a range of benefits, including:

Death Benefits
Terminal Illness Benefit
Waiver of Premium
Critical Illness Benefit

Child Care Benefit
Free Health Management Services

Eligibility Criteria for Bajaj Superwoman Term Plan

Entry age

Minimum age- 18 years, Maximum age- 60 years

Maturity age

Maximum maturity age- 99 years

Policy term

Minimum policy term- 10 years, Maximum policy term- 81 years

Sum assured

Base sum assured- Rs 50 lakhs to Rs 10 crore

Policy loan

A policy loan is not available with this plan.

Payment modes

Yearly, half-yearly, quarterly, and monthly

Plan Options Available With Superwoman Term Plan

There are two plan options available with Bajaj Superwoman Term Plan:

Plan Options	Benefits
With Child Care	Offers a lump sum amount on the policyholder’s death along with a regular monthly income for the children till they turn 25.
Without Child Care	Offers a lump sum amount on the policyholder’s death, along with applicable rider benefits if applicable.

How Does Bajaj Superwoman Term Plan Plus Work?

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

Problem

Meena, a 25-year-old working woman, is looking for a term insurance plan to safeguard her family financially in her absence.

Solution

While researching, she visited PolicyX.com and booked a free appointment. The advisor suggested she buy the Bajaj Superwoman Term Plan.

Meena bought the Bajaj Superwoman Term Plan which offers financial protection along with various women-centric benefits. Let’s understand how the plan works for her with a simple illustration table.

Age of policyholder	Annual premiums	Policy tenure	Premium payment term	Total premiums paid	Sum assured	Rider Sum Assured
25 years	Rs 22,284	40 years	10 years	Rs 2,22,840	Rs 1 crore	Rs 10 lakhs

Key Takeaways:

(i) In case Meena is diagnosed with any of the critical illnesses during the policy tenure, she would receive Rs 10 lakh as rider sum assured.

(ii) In case of her death during the policy tenure, her nominee would receive Rs 1 crore, which would help them fulfill their financial obligations.

Benefits of Bajaj Superwoman Term Plan

Here are the benefits associated with the Bajaj Superwoman Term Plan

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Riders You Can Avail With Bajaj Superwoman Term Plan

There are two rider benefits available with the Bajaj Superwoman Term Plan:

Bajaj Critical Illness Rider

A lump sum amount is paid if the policyholder is diagnosed with any of the 60 critical illnesses, along with women-specific conditions like breast cancer, corpus uteri, cervix uteri, ovary, vagina, etc. This is a mandatory rider with the Superwoman Term Plan.

Family Protect Rider- Bajaj Child Care Rider

This rider pays a lump sum amount equal to 105% of the total premiums paid on death or accidental disability, along with a monthly income (0.1% to 0.5% of the rider sum assured) for the child till they reach the age of 25.

Features of Bajaj Superwoman Term Plan

Choice of Plan Options

Bajaj Superwoman Term Plan offers two plan options for the policyholders to choose from, including With Child Cover and Without Child Cover.

Flexible Policy Tenure

The policyholders have the flexibility to choose the policy tenure of their choice with this plan. Your policy tenure depends on your financial goals.

Choice of Sum Assured

You can choose the base sum assured and rider sum assured with this plan as per your requirement. The life sum assured ranges from Rs 50 lakhs to Rs 10 crore.

Multiple Payment Options

This plan offers policyholders two payment options- Limited Pay (payment for a limited term of 5,6, 10,12,15,20 years or till 60 years of age) and Regular Pay (payment throughout the policy tenure).

Exclusions of Bajaj Superwoman Term Plan

Here is the list of exclusions associated with the plan:

No policy loan is available under this plan.
No death benefits are paid in case the policyholder commits suicide within 12 months of the policy purchase.

Conclusion

Bajaj Superwoman Term Plan is a customized term insurance for women, specially designed for female policyholders to provide the protection they deserve. This Bajaj term plan offers a range of benefits, including death benefits, critical illness coverage, waiver of premium, child care benefits, health management services, etc.

If you are still confused about whether the Bajaj Superwoman Term Plan is the right choice for you or not, you can contact us at PolicyX.com.
We offer No Spam, No Gimmicks, and Only Expert Insurance Advice. So what are you waiting for? Book an appointment with us today.

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

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

FAQs: Bajaj Life Superwoman Term Plan

1. Is pregnancy covered by Bajaj?

Yes, the Bajaj Superwoman Term Plan by Bajaj Life Insurance provides pregnancy coverage.

2. Who can buy the Super Woman Term Plan?

Super Woman Term Plan is an ideal choice for single women, women with children, divorced mothers, etc.

3. What is the Superwoman Term Plan?

The Superwoman Term Plan is an exclusively designed term plan by Bajaj for female policyholders.

4. How is the Superwoman Term Plan different from a regular term plan?

The Superwoman term plan is a women-centric term plan that offers various benefits related to women, including coverage against women’s illnesses, pregnancy coverage, health management services, etc. A regular term insurance plan does not provide such benefits to the policyholders.

5. Are there any waiting periods for coverage with the Superwoman term plan?

Yes, the Superwoman term plan has some waiting periods. Specifically, there’s a 1-year waiting period for the claim intimation benefit.

6. What tax benefits are available?

The tax benefits are available under the Section 80 (C) and the Section 10 (10D) of the Income Tax Act, 1961.

7. How does the claim settlement process work for the Bajaj Superwoman Term Plan?

The claim settlement process for Superwoman term plan works same as any term insurance plan.

8. How does the Superwoman plan support women with critical illnesses?

With Bajaj Critical Illness Rider it offers coverage against 60 critical illnesses.

9. What are the key benefits of the Bajaj Superwoman Term Plan?

Bajaj Allianz Superwoman Term Plan provides life cover along with critical illness protection for 60 conditions, which also includes women-specific cancer. It includes a Free Health Management Service worth ₹ 36,500 p.a. and an optional child care benefit, providing monthly income support for children in case of the policyholder’s death.

10. How is this plan different from a regular term insurance plan?

Bajaj Superwoman Term plan is different from a regular term insurance as it provides women-centric benefits like female-specific critical illness, like cervical and breast cancer. It also covers child care benefits, providing monthly income benefits for dependents, and health management services for maternity support and preventive care.

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Bajaj Superwoman Term Plan

Eligibility Criteria for Bajaj Superwoman Term Plan

Entry age

Maturity age

Policy term

Sum assured

Policy loan

Payment modes

Plan Options Available With Superwoman Term Plan

How Does Bajaj Superwoman Term Plan Plus Work?

Problem

Solution

Benefits of Bajaj Superwoman Term Plan

Riders You Can Avail With Bajaj Superwoman Term Plan

Bajaj Critical Illness Rider

Family Protect Rider- Bajaj Child Care Rider

Features of Bajaj Superwoman Term Plan

Choice of Plan Options

Flexible Policy Tenure

Choice of Sum Assured

Multiple Payment Options

Exclusions of Bajaj Superwoman Term Plan

Conclusion

Explore more about Bajaj Term Insurance

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)

FAQs: Bajaj Life Superwoman Term Plan

1. Is pregnancy covered by Bajaj?

2. Who can buy the Super Woman Term Plan?

3. What is the Superwoman Term Plan?

4. How is the Superwoman Term Plan different from a regular term plan?

5. Are there any waiting periods for coverage with the Superwoman term plan?

6. What tax benefits are available?

7. How does the claim settlement process work for the Bajaj Superwoman Term Plan?

8. How does the Superwoman plan support women with critical illnesses?

9. What are the key benefits of the Bajaj Superwoman Term Plan?