Bajaj Saral Jeevan Bima vs Total Protect Plus Plan Term Insurance Plan 2026 | PolicyX

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Bajaj Sararl Jeevan Bima is a non-linked, non-participating individual, pure-risk premium life insurance plan designed to provide financial security to the policyholder and their families. The plan offers flexibility in choosing sum assured, term, premium payment term, and payment mode. The policyholder can enjoy a good range of sum assured from 5 lakh to 25 lakh.

Bajaj Saral Jeevan Bima Plan offers you a range of benefits including:

  • Premium Flexibility 
  • Tax Benefit
  • Surrender Value
  • Additional riders to choose from
  • Death benefits
  • Choice of sum assured;

PLAN DETAILS

Bajaj Saral Jeevan Bima

Total Protect Plus Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Death Benefit
  • Tax Benefit
  • 25 Lakh Max Sum Assured
  • Covers up to age 100
  • Child’s Future Protect
  • Hospital Cash Benefit
Plan Maturity age Maximum Maturity Age - 70 years Maximum Maturity Age - 100 years
Plan Sum Assured Base sum assured: Rs 5 lakhs to 25 lakhs Base sum assured: Rs 25 lakhs to no limit.
Plan Entry Age Minimum Age - 18 years Maximum Age - 65 years Minimum Age - 18 years Maximum Age - 65 years
Plan Payment modes Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Policy loan The policy loan is not available under Bajaj Saral Jeevan Bima The policy loan is not available under Protect Plus Plan.
Plan Sample Premium Rs 670/- per month Rs 589-/ per month
Plan Brochure Brochure URL Brochure URL
Policy Term Minimum term - 5 years Maximum term - 40 years Minimum term - 10 years Maximum term - 100 years
Claim Settlement Ratio (2024-25) 99.33% 99.29%

* The above sample premiums are for a 30-year-old male, nonsmoker with a sum assured of Rs 50 lakhs and a policy tenure of 25 years. You can calculate the premiums for the above term insurance plans using the PolicyX Term Insurance Calculator.

Riders

Riders Associated with Edelweiss Life Total Protect Plus

You can add the following riders to your Edelweiss Life Total Protect Plus:

Edelweiss Life-Accidental Death Benefit Rider

Under this rider, an additional sum assured, along with the base plan death benefit, is paid if the policyholder dies due to an accident during the policy term.

Edelweiss Life-Accidental Total and Permanent Disability Rider

Under the accidental disability rider, benefits are offered if the policyholder becomes disabled or dies due to an accident.

Edelweiss Life-Hospital Cash Benefit Rider

Under this rider, if you are hospitalized for any reason that affects your income, it will provide you with a daily allowance similar to your income and other post-hospitalization benefits. This allows you to focus on health recovery rather than worrying about finances.

Edelweiss Life-Critical Illness Rider

Under this rider, if you are diagnosed with any of the 12 listed critical illnesses, you will receive a lump sum assured amount to manage your expenses, along with a waiver of all future premiums of the policy.

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