Bajaj Allianz Life Insurance – Details, Review, Eligibility

Bajaj Allianz Life Insurance is a term insurance that provides financial aid and protection to its customers. In the case of various circumstances, such as the unfortunate demise of an individual or a case of disability of the bread earner of a family, it provides financial aid. Along with covering financial risks, it also provides maturity benefits.

Different types of Bajaj Allianz Insurance Term Plans

Currently, there are 7 different types of Bajaj Allianz life insurance co ltd that benefit their customers in different ways. Check out the below-mentioned information to get a better understanding of the Bajaj Allianz life insurance policy.

• Total Health Secure Goal
• iSecure 
• iSecure More
• iSecure Loan
• eTouch Online Term
• Lifestyle Secure
• Life Secure

Eligibility Criteria of Bajaj Allianz Life Insurance

The following general eligibility criteria are required to be met in order to buy Bajaj Allianz Life Insurance:

Required Documents for Bajaj Allianz Life Insurance

The required documents for the Bajaj Allianz life insurance term plan are as follows:

• Passport sized photograph
• Proof of identity such as an Aadhaar card, Permanent Account Number (PAN), voter’s ID, and driving licence
• Proof of address, such as utility bills, ration cards, passports
• Proof of income such as Form 16 or salary certificate/slip
• Proof bank statement, cancelled cheque

Bajaj Allianz Life Insurance Term Plans

All of the seven different types of Bajaj Allianz Life Insurance Co., Ltd. term insurances are mentioned below:

iSecure

It is one of the most affordable life insurance premiums offered by Bajaj Allianz Life Insurance Co., Ltd. It has a unique facility that provides an option to receive the death benefit in instalment mode. This life insurance plan reduces the risk of a financial crisis in the event of the unfortunate demise of the policyholder. Moreover, it provides surrender, maturity, and tax benefits.

iSecure More

The iSecure More plan has the policy of an increasing cover term assurance plan which enhances the shielding and provides aid in increasing the financial requirement of the family in case of the unfortunate demise of the policyholder.

iSecure Loan

iSecure is a limited premium payment loan cover assurance plan. It provides aid to the family for making loan repayments in case of the unfortunate demise of the policyholder.

Life Secure

Life Secure is a complete life insurance plan that offers critical illness and accidental death cover with an option depending on policy type for a waiver of premium.

LifeStyle Secure 

LifeStyle Secure is a non-participating and non-linked regular premium policy. In simple terms, it doesn’t provide bonus benefits. However, LifeStyle Secure insurance provides critical illness cover and level cover term benefits.

eTouch Online Term

The eTouch Online Term is a non-complex online term premium insurance that covers financial deprivation caused by the unfortunate demise of the policyholder or in the case of the disability of the breadwinner of the family member. An additional benefit is that it comes with a premium waiver option. There are four different types of eTouch Online Terms, which are as follows:

• Shield
• Shield Plus
• Shield Super
• Shield Supreme

Total Health Secure Gold

The Total Health Secure Goal is a blend of life and health insurance plans. This Bajaj Allianz Life Insurance Co., Ltd. plan provides complete healthcare measures along with term insurance cover. It provides the facility for the customer to choose between the sum assured under the iSecure term plan and the sum insured under the Health-Guard Plan.

Bajaj Allianz Life Insurance Feature and Benefits

Check out the below-mentioned information to get a better understanding of the Bajaj Allianz Life Insurance policy details along with salient features and benefits.

• The Bajaj Allianz Life Insurance Company provides high sum assured rebates.
• The policyholder can avail themselves of both single and joint life cover.
• The life cover period is up to a century.
• Customers can also apply for tax benefits under sections 80C and 10 (10D) of the IT Act.
• The Bajaj Allianz Life Insurance policy ranges from 10 to 30 years.
• The facility to receive the death benefits in instalment mode is also available.
• The Bajaj Allianz Life Insurance provides protection against loan liabilities.
• The Bajaj Allianz Life Insurance also provides attractive premium rates for women (life secure).
• The Accelerated Terminal Illness and risk cover is also provided.

Bajaj Allianz Life Insurance Customer Care

Bajaj Allianz Life Insurance customer care can be contacted telephonically. The Bajaj Allianz Life Insurance customer care number is 1800-209-7272. The email ID for contacting Bajaj Allianz Life Insurance customer support is customercare@bajajallianz(dot)co(dot)in and the Fax no. is 020 66026789. An individual can also get assistance by searching the Bajaj Allianz Life Insurance office near me.

To Sum Up

The Bajaj Allianz Life Insurance has seven different life insurance that offers different terms, benefits, features and rebates. The seven Bajaj Allianz Life Insurance are Total Health Secure Goal, iSecure, iSecure More, iSecure Loan, eTouch Online Term, Lifestyle Secure, and Life Secure. Life insurance even provides tax benefits under sections 80C and 10(10D) of the IT Act. Both single and joint life covers are available to avail.

Frequently Asked Questions (FAQs)