Bajaj Term Insurance Plan vs Tata Aia Term Insurance Term Insurance 2026 | PolicyX
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Bajaj Term Insurance Plan

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Tata Aia Term Insurance

Rating
Number of term insurance plans and add-ons
Annual Premiums Collected (2024-25)

Annual Premiums Collected (2024-25)

₹ 160.06 cr

Annual Premiums Collected (2024-25)

₹ 483.60 crores
Payout Options

Payout Options

Lump sum, monthly, Lump sum + monthly, Lump sum + increasing monthly payout

Payout Options

Lump sum, monthly, or a combination of both
Claim ratio

Payout Options

99.66%%

Payout Options

99.45%%
Solvency Ratio

Solvency Ratio

2.69

Solvency Ratio

1.80
Pan India Presence

Pan India Presence

598

Pan India Presence

500+
Riders Available

Riders Available

Terminal Illness Rider, Waiver of Premium Benefit Rider, Critical Illness Rider, Accidental Permanent Total/Partial Disability Benefit Rider, Accidental Death Benefit Rider, Family Protect Rider

Riders Available

Waiver of Premium Rider, Accidental Death Rider, Accidental Disability Rider, Critical Illness Rider
Inception year

Inception year

2001

Inception year

2001
Complaint ratio per ₹1 crore of premium collected

Complaint ratio per ₹1 crore of premium collected

0.029

Complaint ratio per ₹1 crore of premium collected

0.017
Average claim settlement time

Average claim settlement time

24 hours

Average claim settlement time

Less than 30 days
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Types of Bajaj Term Insurance Plans

Every plan currently being sold by Bajaj Term Insurance, shown side-by-side so you can shortlist quickly.

Bajaj iSecure plan

Bajaj iSecure is a non-linked, non-participating term insurance plan offering advanced, low-cost coverage with a 105% death benefi... Read More

Unique Features

  • 105% Death Benefit
  • Rider Benefit
  • 50 Lakhs Max Sum Assured
Sum AssuredMinimum Entry Age: 18 Years
Entry AgeMaximum Entry Age: 65 Years
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Bajaj Life Secure

Bajaj Life Secure is a whole life term insurance plan offering coverage up to 100 years, with flexible premium payment terms and c... Read More

Unique Features

  • 3 Plan Options
  • Critical Illness Benefit
  • Waiver of Premium
Sum AssuredMinimum Entry Age: 18 Years
Entry AgeMaximum Entry Age: 65 Years
View plan

Bajaj Saral Jeevan Bima

Bajaj Saral Jeevan Bima is a pure-risk term insurance plan providing financial security with a death benefit and tax advantages un... Read More

Unique Features

  • Death Benefit
  • Tax Benefit
  • 25 Lakh Max Sum Assured.
Sum AssuredMinimum Entry Age: 18 Years
Entry AgeMaximum Entry Age: 65 Years
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Bajaj iSecure Loan

The Bajaj iSecure Loan Term Insurance Plan provides crucial debt protection, ensuring outstanding home, personal, or other long-te... Read More

Unique Features

  • Protection against loan
  • Joint life cover
  • Rider benefits
Sum AssuredMinimum Entry Age: 25 years
Entry AgeMaximum Entry Age: 60 years
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Bajaj Lifestyle Secure

Bajaj Lifestyle Secure is a term insurance plan that combines life cover with protection against critical and terminal illnesses. ... Read More

Unique Features

  • Level Cover Term
  • Terminal Illness Cover
  • Flexible-Premium Payment Term
Sum AssuredEntry Age: 18 years
Entry AgeMaximum Entry Age: 50 years
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Bajaj Life Smart Protect Goal

The Bajaj Life Smart Protect Goal is a flexible and economical term insurance plan, offering four distinct variants and the option... Read More

Unique Features

  • Critical illnesses covered
  • Return of Premiums
  • 4 Plan variants
Sum AssuredEntry Age: 18 Years
Entry AgeMaximum Entry Age: 65 Years
View plan

Bajaj Life Diabetic Term Plan Sub 8 HbA1c

The Bajaj Life Diabetic Term Plan Sub 8 HbA1c offers term insurance coverage tailored for pre-diabetics and type 2 diabetics, ensu... Read More

Unique Features

  • Keep Fit Benefit
  • Health Coaching
  • Second Medical Opinion
Sum AssuredMinimum Entry Age: 30 Years
Entry AgeMaximum Entry Age: 60 Years
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Bajaj iSecure More

The Bajaj iSecure More is an increasing cover term insurance plan that provides a financial safety net, with the sum assured growi... Read More

Unique Features

  • Flexible Policy Tenure
  • Option to Avail Joint Life Cover
  • High Sum Assured Rebate
Sum AssuredMinimum Entry Age: 18 years
Entry AgeMaximum Entry Age: 60 years
View plan

Bajaj Life Superwoman Term Insurance Plan

Bajaj Life Superwoman Term Insurance is a specialized plan for women, offering comprehensive financial protection for their famili... Read More

Unique Features

  • Critical Illness Cover
  • Free Health Management Services
  • Child Care Benefit
Sum AssuredEntry age: 18 years Maximum entry age: 60 years Minimum sum assured: ₹50 lakhs Maximum maturity age: 99 years Premium Payment Term (PPT): Regular Pay (RP)
Entry AgeSingle Pay (SP)
View plan

Types of Tata AIA Term Insurance Plans

Every plan currently being sold by Tata AIA Term Insurance, shown side-by-side so you can shortlist quickly.

Tata AIA SRS Vitality Protect

The Tata AIA SRS Vitality Protect Plan is a comprehensive term insurance solution that combines life cover with a health rider, of... Read More

Unique Features

  • Whole Life Cover
  • Wellness Program
  • Cover Boosters
Sum AssuredMinimum Entry Age: 18 years
Entry AgeMaximum Entry Age: 65 years
View plan

TATA AIA Saral Jeevan Bima

The Tata AIA Saral Jeevan Bima Plan is an affordable and simple pure protection term insurance plan, designed with straightforward... Read More

Unique Features

  • A simple and easy plan
  • Affordable premiums
  • Choose your rider options
Sum AssuredEntry Age: 18 years
Entry AgeMax Entry Age: 65 years
View plan

TATA AIA Maha Raksha Supreme

The Tata AIA Maha Raksha Supreme is a term insurance plan that provides financial protection, including a Payout Accelerator Benef... Read More

Unique Features

  • Life Stage Plus Option
  • Payout Accelerator Benefit
  • Non-smoker & Female Discounts
Sum AssuredEntry Age - 18 years
Entry AgeMinimum Sum Assured - 50 Lakhs
View plan

Tata AIA Sampoorna Raksha Promise

Tata AIA Sampoorna Raksha Promise is a pure-term insurance plan offering financial protection and whole-life coverage up to 100 ye... Read More

Unique Features

  • 4 Plan Options
  • Joint Life Option
  • Instant Payout on Claim
Sum AssuredEntry Age: 18 years
Entry AgeMinimum Sum Assured: ₹25 Lakhs
View plan

Tata AIA Maha Raksha Supreme Select

Tata AIA Maha Raksha Supreme Select is a pure term insurance plan designed to provide comprehensive financial protection for famil... Read More

Unique Features

  • Flexible death benefit options
  • Whole life cover
  • Super Retirement Benefit (Life Secure Options)
Sum AssuredEntry Age - 18 years
Entry AgeMax Entry Age - 65 years
View plan

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Expert Reviewed

Reviewed By: Naval Goel

Naval Goel has over a decade of expertise in the insurance sector, having worked with companies like AIG, New York. He is an Associate Member of the Indian Institute of Insurance, Pune, and is authorized by IRDAI to act as Principal Officer of PolicyX.com Insurance Web Aggregator.

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