Bajaj Allianz Life e-Touch Plan
  • High SI Available
  • Accidental Death Benefit
  • Health Management Services
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Bajaj Allianz Life e-Touch Plan

Bajaj Allianz e-touch is a pure term insurance plan safeguarding you and your loved ones from unforeseen circumstances. The plan is equipped to manage various uncertainties of life. Bajaj e-touch plan offers 3 plan variants namely: Life Shield, Life Shield Plus, and Life Shield ROP.

Bajaj Allianz e-touch term plan offers multiple sum assured options paired with a plethora of features and coverage against death, and terminal illness with a waiver of premium, maturity benefit, and return of premiums. With Bajaj Allianz e-touch customers have the option to opt for early exit value applicable only with Life Shield and Life Shield Plus variants. To understand more about the pros and cons of the Bajaj Allianz e-touch term plan read in detail.

 

Bajaj Allianz Life e-Touch Term Plan offers you a range of benefits including:

why-choose
  • Shield for your life to cover death & terminal Illness 
  • Flexibility to pay premiums throughout the policy term
  • Get back your total premiums
  • Extra payout in case of death due to accident
  • Choose how your family receives the benefit in your absence
  •  Premium holiday option which helps you skip your premiums for 1, 2 or 3 years 

Eligibility Criteria for Bajaj Allianz Life e-Touch Plan

Your Occupation

Entry age

Minimum Age - 18 years Maximum Age - 65 years

Mukhyamantri Amrutam Yojana

Maturity age

Maximum Maturity Age - 85 years

Your Gender

Policy term

Minimum term - 10 years Maximum term - 40 years

Maternity Benefit Rider

Sum assured

Base sum assured: 50 lakhs to no limit.

Dr YSR Aarogyasri Trust

Policy loan

The policy loan is not available under Smart Total Elite Protection Plan.

Maternity Benefit Rider

Payment modes

Annual, half-yearly, quarterly & monthly

How Does Bajaj Allianz Life e-Touch Plan Work?

Let's understand how the Bajaj Allianz Life e-Touch Plan works with a simple premium illustration.

Why Buy Term Insurance Online?

Problem

Mr. Verma is looking for a term plan that covers him for terminal illnesses and provides financial safety to his family in case of his unfortunate demise.

Solution

His financial advisor advised him to buy the Bajaj Allianz Life e-Touch Plan. He visited PolicyX.com

Let's understand how the Bajaj Allianz Life e-Touch Plan works for him with a premium illustration table.

Age of policyholder Annual premiums Policy tenure Premium payment term Total premiums paid Sum assured
35 years Rs 22,220 50 years 50 years Rs 3,33,300 Rs 1 crore

Key Takeaways: In case of Mr. Verma's demise during the policy tenure, Rs 1 crore will be paid to their nominee.

Benefits of Bajaj Allianz Life e-Touch Plan

Here are the benefits associated with the Bajaj Allianz Life e-Touch Plan

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Riders Associated with Bajaj Allianz Life e-Touch Plan

You can add the following riders to your Bajaj Allianz Life e-Touch Plan:

Bajaj Allianz Accidental Permanent Total Disability

Bajaj Allianz Accidental Permanent Total Disability Rider provides additional benefits in case the policyholder met with an accident which leads to their total permanent disability.

Features of Bajaj Allianz Life e-Touch Plan

Choice of plan option

Bajaj Allianz e-Touch plan provides you the option to choose from Life Shield, Life Shield Plus and Life Shield ROP.

Life Stage Upgrade

Bajaj Allianz Life e-touch term plan offers insured individuals the opportunity to upgrade their sum assured during important milestones of their life such as marriage, birth or adoption of 1st child, home loan, and education loan for children.

Choice of death benefit option

Choose how your family receives the benefit in your absence, as a lump sum or a combination of lump sum & monthly income

Extra payout in case of the accident.

Bajaj Allianz e-Touch Term Plan offers extra payout in case of the accident of the policyholder.

Exclusions of Bajaj Allianz Life eTouch Plan

Here is the list of exclusions associated with the plan:

  • Death due to suicide within 12 months of policy purchase. 
  • Death due to consumption of drugs and alchohol.
  • Death due to war and terrorrism. 
  • Death due to adventure sports. 

Conclusion

Bajaj Allianz Life e-Touch Plan  is a simple term plan that offers financial protection to your loved ones after your demise. This plan offers a range of benefits including- special exit value, inbuilt terminal illness cover, cover continuance benefit, etc. If you are still confused about which term plan is best for you then you can contact us at PolicyX.com. One of our insurance representatives will contact you shortly, understand your requirements, and suggest a plan that suits your needs.

Explore more about Bajaj Allianz Term Insurance Company

Explore other Bajaj Allianz Term Insurance

Bajaj Allianz Term Insurance offers one of the best term insurance plans to cater to the unique needs of every customer. You can buy their term plans with high life cover at pocket-friendly costs. Get a 5% discount for online purchases and 100% claim assistance with Bajaj Allianz Term Insurance plans. Below is the list of term plans offered by Bajaj Allianz.

Bajaj Allianz e-touch is a pure term insurance plan safeguarding you and your loved ones from unforeseen circumstances. The plan is equipped to manage...

Unique Features

  • High SI Available
  • Accidental Death Benefit
  • Health Management Services

Bajaj Allianz Life e-Touch Plan (Pros)

Bajaj Allianz Life e-Touch Plan
  • Shield
  • Shied Plus
  • Shield Supreme

Bajaj Allianz Life e-Touch Plan (Cons)

Bajaj Allianz Life e-Touch Plan
  • No Loans Allowed
  • No Surrender Benefit
  • No Maturity Benefit

Bajaj Allianz Life e-Touch Plan (Other Benefits)

Bajaj Allianz Life e-Touch Plan
  • Max Sum Assured 2 Cr
  • Sheild Super
  • High Sum Assured Rebate (HSAR)

Bajaj Allianz Life e-Touch Plan (Eligibility Criteria)

Bajaj Allianz Life e-Touch Plan
  • Entry Age -18 Years
  • Max Entry Age- 65 Years
  • Minimum Sum Assured - 50 L
  • Maximum Maturity Age - 75 Yrs
  • Premium Payment Term - 10 to 40 Yrs

Bajaj Allianz iSecure is a non-linked, non-participating plan that offers an advanced level of term insurance coverage at a low cost. The plan offers ...

Unique Features

  • 105% Death Benefit
  • Rider Benefit
  • 50 lakhs Max Sum Assured

Bajaj Allianz iSecure Plan (Pros)

Bajaj Allianz iSecure Plan
  • No Suicide Cover
  • Healthy Lifestyle Incentives
  • Customizable Options

Bajaj Allianz iSecure Plan (Cons)

Bajaj Allianz iSecure Plan
  • No Maturity Benefit
  • Limited Rider Options
  • Limited Availability for POS Channel

Bajaj Allianz iSecure Plan (Other Benefits)

Bajaj Allianz iSecure Plan
  • Tax Benefits
  • Premium Payment Options
  • High Sum Assured Rebate (HSAR)

Bajaj Allianz iSecure Plan (Eligibility Criteria)

Bajaj Allianz iSecure Plan
  • Entry Age -18 Years
  • Max Entry Age- 65 Years
  • Minimum Sum Assured - 2.5 L
  • Maximum Maturity Age - 85 Yrs
  • Premium Payment Term - 10 to 25 Yrs

Bajaj Allianz Life Secure is an advanced term insurance plan that offers protection till your 100th birthday. This plan is a non-linked and non-partic...

Unique Features

  • 3 Plan Options
  • Critical Illness Benefit
  • Waiver Of Premium

Bajaj Allianz Life Secure Plan (Pros)

Bajaj Allianz Life Secure Plan
  • Surrender Benefit
  • Suicide Cover
  • Choose your Sum Assured

Bajaj Allianz Life Secure Plan (Cons)

Bajaj Allianz Life Secure Plan
  • No Survival Benefit
  • No Thyroid Cancer Cover
  • No Maturity Benefit

Bajaj Allianz Life Secure Plan (Other Benefits)

Bajaj Allianz Life Secure Plan
  • Death Benefit
  • Accelerated Critical Illness
  • Waiver of premium Benefit

Bajaj Allianz Life Secure Plan (Eligibility Criteria)

Bajaj Allianz Life Secure Plan
  • Entry Age -18 Years
  • Max Entry Age- 65 Years
  • Minimum Sum Assured - 20 L
  • Maximum Maturity Age - NA
  • Premium Payment Term - 5 7 10 and 15 years

Bajaj Allianz Sararl Jeevan Bima is a non-linked, non-participating individual, pure-risk premium life insurance plan designed to provide financial se...

Unique Features

  • Death Benefit
  • Tax Benefit
  • 25 Lakh Max Sum Assured

Bajaj Allianz Saral Jeevan Bima (Pros)

Bajaj Allianz Saral Jeevan Bima
  • Spouse Cover
  • Max Sum Assured 25 Lakh
  • Available for Online Buying

Bajaj Allianz Saral Jeevan Bima (Cons)

Bajaj Allianz Saral Jeevan Bima
  • No Survival Benefit
  • No Surrender Benefit
  • No Maturity Benefit

Bajaj Allianz Saral Jeevan Bima (Other Benefits)

Bajaj Allianz Saral Jeevan Bima
  • Avail Tax Benefits
  • Easy Claim Settlement Process
  • Flexible-Premium Payment term

Bajaj Allianz Saral Jeevan Bima (Eligibility Criteria)

Bajaj Allianz Saral Jeevan Bima
  • Entry Age -18 Years
  • Max Entry Age- 65 Years
  • Minimum Sum Assured - 5L
  • Maximum Maturity Age - NA
  • Premium Payment Term - RP/SP/LP (5&10 Years)

Bajaj Allianz iSecure Loan is a pure protection loan cover term life insurance plan. With a flexible policy term and a minimum sum assured of 3 lacs, ...

Unique Features

  • Protection against loan
  • Joint life cover
  • Rider benefits

Bajaj Allianz iSecure Loan Plan (Pros)

Bajaj Allianz iSecure Loan Plan
  • Suicide Cover
  • Tax benefits
  • Policy Revival within 5 Years

Bajaj Allianz iSecure Loan Plan (Cons)

Bajaj Allianz iSecure Loan Plan
  • No Survival Benefit
  • No Surrender Benefit
  • No Discount Benefit

Bajaj Allianz iSecure Loan Plan (Other Benefits)

Bajaj Allianz iSecure Loan Plan
  • Accidental Death Benefit Rider
  • Waiver of Premium Benefit Rider
  • Accidental Permanent Total/Partial Disability Rider

Bajaj Allianz iSecure Loan Plan (Eligibility Criteria)

Bajaj Allianz iSecure Loan Plan
  • Entry Age -25 Years
  • Max Entry Age- 60 Years
  • Minimum Sum Assured - 3 L
  • Maximum Maturity Age - 65 Yrs
  • Premium Payment Term - 10/ 15/ 20/ 25 years

Most Indians consider insurance an unnecessary expense because they're not sure whether to get life insurance or health insurance. What if we told you...

Unique Features

  • Level Cover Term
  • Terminal Illness Cover
  • Flexible-Premium Payment Term

Bajaj Allianz Lifestyle Secure Plan (Pros)

Bajaj Allianz Lifestyle Secure Plan
  • Family Cover
  • Choose your Policy Term (PT)
  • Inbuilt Accelerated Terminal Illness

Bajaj Allianz Lifestyle Secure Plan (Cons)

Bajaj Allianz Lifestyle Secure Plan
  • No Loans Allowed
  • No Surrender Benefit
  • No Maturity Benefit

Bajaj Allianz Lifestyle Secure Plan (Other Benefits)

Bajaj Allianz Lifestyle Secure Plan
  • Suicide Cover
  • Easy Claim Settlement
  • Policy revival Within 5 Years

Bajaj Allianz Lifestyle Secure Plan (Eligibility Criteria)

Bajaj Allianz Lifestyle Secure Plan
  • Entry Age -18 Years
  • Max Entry Age- 50 Years
  • Minimum Sum Assured - 3L
  • Maximum Maturity Age - 60 Years
  • Premium Payment Term - 5/ 7/ 10/ 15/ 20 Yrs

Bajaj Allianz Life Smart Goal Protect is a comprehensive insurance plan that offers multiple benefits. An economic plan with affordable premium rates,...

Unique Features

  • Critical illnesses covered
  • Return of Premiums
  • 4 Plan variants

Bajaj Allianz Life Smart Protect Goal Plan (Pros)

Bajaj Allianz Life Smart Protect Goal Plan
  • Critical Illness Benefit
  • Accidental Death Benefit (ADB)
  • Accidental Total Permanent Disability Benefit

Bajaj Allianz Life Smart Protect Goal Plan (Cons)

Bajaj Allianz Life Smart Protect Goal Plan
  • No Loans Allowed
  • 180 Days WP For Critical Illness
  • No Rebate for SA above 3 cr

Bajaj Allianz Life Smart Protect Goal Plan (Other Benefits)

Bajaj Allianz Life Smart Protect Goal Plan
  • Suicide Cover After 12 Months
  • Female Life Rebate
  • High Sum Assured Rebate (HSAR)

Bajaj Allianz Life Smart Protect Goal Plan (Eligibility Criteria)

Bajaj Allianz Life Smart Protect Goal Plan
  • Entry Age -18 Years
  • Max Entry Age- 65 Years
  • Min Sum Assured - 5 L
  • Max Maturity Age - 75 Yrs(ROP)
  • Premium Payment Term - RP/SP/LP

Bajaj Allianz Life Diabetic Term Plan Sub 8 HbA1c is a unique protection plan offering term insurance coverage to pre-diabetics and type 2 diabetic in...

Unique Features

  • Keep Fit Benefit
  • Health Coaching
  • Second Medical Opinion

Bajaj Allianz Diabetic Term Plan (Pros)

Bajaj Allianz Diabetic Term Plan
  • Premium Reduction on Renewal
  • Good Health Premium Discounts
  • Health Management Services.

Bajaj Allianz Diabetic Term Plan (Cons)

Bajaj Allianz Diabetic Term Plan
  • No Maturity Benefit
  • No Surrender Value
  • Limited Coverage With Hba1c Level Above 8%

Bajaj Allianz Diabetic Term Plan (Other Benefits)

Bajaj Allianz Diabetic Term Plan
  • Tax Benefits Available
  • Flexible Sum Assured Options
  • Multiple Premium Payment Frequencies

Bajaj Allianz Diabetic Term Plan (Eligibility Criteria)

Bajaj Allianz Diabetic Term Plan
  • Entry Age -30 Years
  • Max Entry Age- 6 Years
  • Minimum Sum Assured - 25 L
  • Maximum Maturity Age - 75 Yrs
  • Premium Payment Term - LP

Bajaj Allianz Life e-Touch: FAQs

1. Can insurance holders avail of tax benefits with the Bajaj Allianz E-touch term plan?

Yes, Insurance holders are eligible to avail of tax benefits for the premiums paid towards Bajaj Allianz e-touch term plan as per the Income Tax Act, of 1961.

2. What are the various plan variants available under Bajaj Allianz e-Touch Plan?

There are 3 plan variants under Bajaj Allianz e-touch term plan: Life Shield Life Shield Plus Life Shield ROP

3. What are the various benefits available to insurance holders under Bajaj Allianz e-touch plan?

The various benefits available on the purchase of Bajaj Allianz e-touch are as follows: Death Benefit Accidental Death Benefit Terminal Illness Benefit Waiver of Premium on ATPD/TI Maturity Benefit and more.

4. What is the eligibility criteria for Bajaj Allianz e-touch?

The eligibility criteria for Bajaj Allianz e-touch term plan is as follows: Min Entry Age - 18 Years Max Entry Age - 65 Years

5. What are the sum assured options available under the Bajaj Allianz E-touch term plan?

The sum assured options available under the Bajaj Allianz E-touch term plan is between 5 Lakh to 2 Crore.

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Simran Kaur Vij

Written By: Simran Kaur Vij

Simran is an insurance expert with more than 4 years of experience in the industry. An expert with previous experience in BFSI, Ed-tech, and insurance, she proactively helps her readers stay on par with all the latest Insurance industry developments.