Bajaj Allianz Term Plans are Non- Linked, Non – Participating Plans. It Provides a Financial assurance to Your Family in your absence. Here we have provided the Key Features, Benefits and Eligibility of Term Insurance Plans. Life covered can check the Term Plans of Bajaj Allianz Online Buying Steps, Premium Calculator, etc. here.
Bajaj Allianz Term Plans
Term Plans helps you to protect your family from uncertainties in the case of your absence. Bajaj Allianz Life Insurance is trying to provide comfort and happiness to your loved ones. In Present Conditions, anything can happen to your life. In those situations, Bajaj Allianz Term Plans can protect your family financially. Once you covered your family economically, you can lead a tension free life. To shield your Family Financially, you need to invest your money in the right place. For that Bajaj Allianz Introduces a Different Term Plans.
Bajaj Allianz Term Insurance Plan Provides Finacial coverage to your Family in the case of sudden death of Policy Holder. Interested people can buy the Bajaj Allianz Life Insurance Term Plans at a very attractive and easily affordable premium. The Various Term Insurance Plans available under Bajaj Allianz Life Insurance. Those term plans will give protection to your Loved ones in uncertain conditions like sudden/unfortunate death.
Bajaj Allianz Plans
Bajaj Allianz India Insurance Company Limited is one of the Best Life Insurance company. It offers many Best Plans. The Plans include Life Insurance Plans, Protection Plans, Health Plans, Child Plans and many other. These programs will help you to take care of your family or Your Loved ones in case of your Absence. Present-day situations we can’t imagine what will happen to us. In that case, we have to protect our family financially. For that Purpose Bajaj Allianz India Insurance Company Introduces Term Insurance Plans.
Bajaj Allianz Insurance Life Insurance Term Plans
Bajaj Allianz Life Insurance Company provides following Term Plans. They are
- Bajaj Allianz iSecure.
- iSecure More.
- Bajaj iSecure Loan.
- Bajaj Life Secure.
- Lifestyle Secure.
Bajaj Allianz iSecure Term Plan Key Features and Benefits
Bajaj Allianz iSecure is a Non – Participating Term Assurance Plan. You have always tried your best to fulfil all your responsibilities and take care of your family. You need you protect your family in uncertainties in your absence. Bajaj Allianz Presenting iSecure Term plan. It is a term assurance plan that secures your family financial needs.
Key Features
- iSecure Term insurance policy gives tax benefits.
- Low-cost advantages.
- Special Premiums for Non-Smokers and Healthy Persons.
- There us attractive high sum assured.
Benefits
Bajaj Allianz Term Plans – iSecure has following advantages.
Death Benefit:
In the case of sudden death of the life insured during the policy term, the company will pay all premiums.
Maturity Benefit:
There is no Maturity Benefit under this plan.
Surrender Benefit:
No Surrender Benefit under this scheme.
Bajaj Allianz iSecure Term Assurance Plan Eligibility Criteria
| Eligibility | Conditions |
| Entry Age |
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| Maturity Age |
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| Sum Assured |
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| Policy Term |
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| Premium Payment Modes |
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Furthermore, details download Bajaj Allianz iSecure Plan Broucher.
Bajaj Allianz iSecure More Plan Key Features and Benefits
Bajaj Allianz iSecure More is a Non – Participating Increasing Cover Term Assurance Plan.
Key Features
- They Increase cover of 5% per annum at each policy anniversary.
- There is an Option to increase your insurance cover upto twice the Sum Assured.
- If you take Rs.5 lacs and above sum Assured there is an Attractive high Sum Assured rebate.
- Depending on your needs there is a Choice of policy term from 10 years to 25 years.
- It has Single and joint life (with spouse) availability.
- Tax Benefits under 10(10D)* and u/s 80C.
- There is an Opt for disbursement of policy proceeds in monthly instalment.
Benefits
Bajaj Allianz More iSecure has following advantages.
Death Benefit:
In the case of sudden death of the life insured during the policy term, the company will pay all premiums.
Maturity Benefit:
No Maturity Benefit paid under this plan.
Surrender Benefit:
No Surrender Benefit under this scheme.
Bajaj Allianz iSecure More Term Assurance Plan Eligibility Conditions
| Eligibility | Conditions |
| Entry Age |
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| Maturity Age |
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| Sum Assured |
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| Policy Term |
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| Premium Payment Modes |
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Furthermore, details download Bajaj Allianz iSecure More Plan Broucher.
Bajaj Allianz iSecure Loan Term Plan Key Features and Benefits
Bajaj Allianz iSecure Loan is a Non-Participating Mortgage Cover Term Assurance Plan.
Key Features
- Low-cost advantages.
- Flexibility to select your policy term.
- There us attractive high sum assured.
- You can Alter your premium payment frequency.
Benefits
Bajaj Allianz iSecure Loan has following advantages.
Death Benefit:
In the case of sudden death of the life insured during the policy term, the company will pay all premiums.
Maturity Benefit:
No Maturity Benefit paid under this plan.
Surrender Benefit:
No Surrender Benefit under this scheme.
Bajaj Allianz iSecure Loan Term Assurance Plan Eligibility Criteria
| Eligibility | Conditions |
| Entry Age |
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| Maturity Age |
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| Sum Assured |
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| Policy Term |
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| Premium Payment Modes |
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Furthermore, details download Bajaj Allianz iSecure Loan Plan Broucher.
Bajaj Allianz Life Secure Plan Key Features and Benefits
Bajaj Allianz Life Secure is a Non-Linked Whole Life Term Plan.
Key Features
- Three coverage options to choose.
- Life cover up to the age of 100 years.
- There is a Choice of 4 Premium Payment Terms.
- More value for money with High Sum Assured Rebate.
- Attractive premium rates for female lives.
Benefits
Bajaj Allianz Life Secure Term Plan has following advantages.
Death Benefit:
In the case of sudden death of the life insured during the policy term, the company will pay all premiums.
Bajaj Allianz Life Secure Term Plan Eligibility Conditions
| Eligibility | Conditions |
| Entry Age |
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| Maturity Age |
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| Sum Assured |
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| Policy Term |
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| Premium Payment Modes |
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Furthermore, details download Bajaj Allianz Life Secure Plan Broucher.
Bajaj Allianz LifeStyle Secure Plan Key Features and Benefits
Bajaj Allianz LifeStyle Secure Plan is a Non -Linked Term Assurance Plan.
Key Features
- Security for your family with regular income.
- Inbuilt Accelerated Terminal Illness (TI) risk cover.
- Simple procedure to get risk cover.
- No medical examination/tests required.
- Plan benefit paid in equated monthly instalments.
- More value for money with High Sum Assured Rebate.
- Attractive rates for female lives.
Benefits
Bajaj Allianz Life Secure Term Plan has following advantages.
Death Benefit:
In the case of sudden death of the life insured during the policy term, the company will pay all premiums.
Maturity Benefit:
No Maturity Benefit paid under this plan.
Surrender Benefit:
No Surrender Benefit under this scheme.
Bajaj Allianz LifeStyle Secure Term Plan Eligibility Conditions
| Eligibility | Conditions |
| Entry Age |
|
| Maturity Age |
|
| Sum Assured |
|
| Policy Term |
|
| Premium Payment Modes |
|
Furthermore, details download Bajaj Allianz LifeStyle Secure Plan Broucher.
Bajaj Allianz Term Insurance Plans Premium Calculator
To Calculate Bajaj Allianz Term Plans Premium, Policy Holder needs some basic information like Name, Number, Policy Term, etc. Based on the Policy Term and other details you can calculate the Bajaj Allianz Premium.
- Name of the Policyholder.
- Email Id.
- Mobile Number.
- Gender.
- Age Proof.
- Policy Term.
- Sum Assured.
Steps to Buy Bajaj Allianz Plans
The Nominee can visit the nearest Bajaj Allianz Branch Office to buy the Proposal form. You can also get the Bajaj Allianz Term Plans through the Agent.
Documents Required to Open Policy:
- Application form / Proposal form along with the photo.
- Age Proof.
- Address Proof.
- Medical Reports (if required).
Bajaj Allianz Life Insurance Term Plans Claim Procedure/ Steps
The Nominee can utilise the Plan in a case of Death of Policy Holder. The Nominee/ family members can apply for Claim through online at the official site. The Family member can use through alternate channels such as at Branch Office, through Helpline Number, Mail Id.
Documents Required for Claim Process:
- Original Policy Document.
- Original Death Certificate.
- Claim forms.
- Identity Proof.
- Date of Birth Proof.
- Address Proof.
- Saving Bank Account No. / MICR No. / IFSC code.
- A copy of Hospital Records, etc.
Bajaj Allianz Term Plans Other Details
Policy Loan:
No Policy loan is Allowed under this policy.
Grace Period:
If the Policyholder doesn’t pay the premium within the due date, the organisation will extend the time to pay the premium is a grace period. Bajaj Allianz Term Plans has the grace period of 30 days. The grace period is 15 days in case of monthly mode. The policy covered can pay the Premium within the Grace Period if not the policy will lapse.
Policy Revival:
A lapsed Term Plan Policy will be revived within the two years from the date of first unpaid premium. This Term plan will be revived before the expiry period of Policy term.
Free Look Period:
If the Life Insured not satisfied with the Terms and Conditions of the Bajaj Allianz Term Insurance Policy. They can return the Term Plan within 30 Days from the date of receipt of the Policy Document.
Suicidal Exclusion:
If the life covered, whether sane or insane, commits suicide. In the duration of within one year from the time of the policy or the date of revival. Then the policy shall be void, and 80% of the premiums received.
Taxes:
Service Tax Will be applied as per the Current Service Tax Laws.