Bajaj Life Superwoman Term Insurance Plan

Overview

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.

Benefits of the Superwoman Term Plan

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

Key Features

High Coverage for Women

This plan provides life cover for up to ₹10 crore. Premium rates are lower for women.

Health Management Services

Free services worth ₹36,500 per year are available under this plan. It includes doctor consultations, nutrition advice, preventive tests, and mental wellness support.

60 Critical Illness Cover

This plan provides financial support on diagnosis of major illnesses such as heart disease and cancer.

Child Care Income Benefit

There is a regular income paid to support daily expenses and the child's education after the policyholder's death.

Smart Exit Option

You can exit the plan after the age of 60 and receive the base premiums paid. It helps recover policy costs if cover is no longer required.

Exclusions

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

Plan Options Available with Superwoman Term Plan

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