Bajaj Allianz iSecure Loan Plan
- Protection against loan
- Joint life cover
- Rider benefits
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, you can protect your loved ones till 60 years of age.
Bajaj Allianz iSecure Loan Plan offers you a range of benefits including:
Minimum Age - 18 years Maximum Age - 60 years
Maximum Maturity Age - 65 years
Minimum term - 10 years Maximum term - 25 years
Base sum assured: Rs 3 lakhs to no limit
The policy loan is not available under isecure Loan Plan
Annual, half-yearly, quarterly & monthly
Let's understand how the Bajaj Allianz iSecure Loan works with a simple premium illustration.
Mr. Verma is looking for a term plan that provides financial safety to his family and ensures that his liabilities don't act as a burden for his family in case of his unfortunate demise.
His financial advisor advised him to buy the Bajaj Allianz iSecure Loan Plan. He visited PolicyX.com
Let's understand how the Bajaj Allianz iSecure Loan Plan works for him with a premium illustration table.
| Age of policyholder | Annual premiums | Policy tenure | Premium payment term | Total premiums paid | Sum assured |
| 30 years | Rs 9,821 | 10 years | 6 years | Rs 58,926 | Rs 30 lakhs |
Key Takeaways: In case of Mr. Verma's demise during the policy tenure, Rs 30 lakhs will be paid to their nominee.
Here are the benefits associated with the Bajaj Allianz iSecure Loan Plan
You can add the following riders to your Bajaj Allianz i-Secure Loan Term Plan:
In case of the policyholder’s demise due to the accident benefits are paid to their nominee.
Future premiums are waived off in case of the policyholder’s demise due to accidental death, disability, or any of the 11 critical illnesses mentioned.
Under the accidental disability rider,Benefits are offered in case of the policyholder’s disability or demise due to the accident.
Here is the list of exclusions associated with the plan:
Want to know the Bajaj Allianz iSecure Loan plan in short? For your convenience, we are providing a short overview of the plan. By knowing what's good here and what's lacking, you can easily decide to purchase.
What's Good?- Reducing cover, rider benefits, flexible premium paying option, joint life cover
What's Lacking?- No zero cost, no return of premium
If you have doubts or queries regarding the Bajaj Allianz iSecure Loan term plan or need assistance, you can contact us at policyX.com by dialing 1800 420 0269.
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
126-1727240094.webp){kind=logo}
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
327-1727247265.webp){kind=logo}
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
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
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
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
Bajaj Allianz Life Smart Goal Protect is a comprehensive insurance plan that offers multiple benefits. An economic plan with affordable premium rates,...
Unique Features
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
4.6
Rated by 862 customers
Select Your Rating
Let us know about your experience or any feedback that might help us serve you better in future.
I am a passionate content writer with over three years of experience in the insurance domain. An avid learner, I always tries stays ahead of the industry's trends, ensuring my writing remains fresh and includes the latest insurance shifts. Through my work, I strive to engage with targeted insurance readers.
2269-1728647002.webp)
Do you have any thoughts you’d like to share?