Bajaj Allianz Lifestyle Secure Plan
  • Level Cover Term
  • Terminal Illness Cover
  • Flexible-Premium Payment Term
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Bajaj Allianz Lifestyle Secure Plan

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 there's a plan providing health and life insurance benefits? Yes, you heard us right; one such plan is the Bajaj Allianz Lifestyle Secure from Bajaj Allianz Life Insurance company, which aims to offer life protection with cover for terminal illnesses.

Bajaj Allianz Lifestyle Secure Plan offers you a range of benefits including:

why-choose
  • Flexible premium payment modes 
  • Terminal illness coverage
  • High sum assured discounts
  • Tax benefits
  • Affordable premiums
  • Death benefit payout options

Eligibility Criteria for Bajaj Allianz Lifestyle Secure Plan

Your Occupation

Entry age

Minimum Age - 18 years Maximum Age - 50 years

Mukhyamantri Amrutam Yojana

Maturity age

Maximum Maturity Age - 60 years

Your Gender

Policy term

Minimum term - 5 years Maximum term - 20 years

Maternity Benefit Rider

Sum assured

Base sum assured: Rs 3 lakh to 15 lakh

Dr YSR Aarogyasri Trust

Policy loan

The policy loan is not available under Bajaj Lifestyle Secure Plan

Maternity Benefit Rider

Payment modes

Annual, half-yearly, quarterly & monthly

How Does Bajaj Allianz Lifestyle Secure Plan Work?

Let's understand how the Bajaj Allianz Lifestyle Secure Plan works with a simple premium illustration.

Why Buy Term Insurance Online?

Problem

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

Solution

His financial advisor advised him to buy the Bajaj Allianz Lifestyle Secure Plan. He visited PolicyX.com

Let's understand how the Bajaj Allianz Smart Protection Goal 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 8,400 30 years 30 years Rs 2,64,000 Rs 50 lakhs

Key Takeaways: In case of Mr. Verma's demise during the policy tenure, Rs 50 lakhs will be paid to their nominee.

Benefits of Bajaj Allianz Lifestyle Secure Plan

Here are the benefits associated with the Bajaj Allianz Lifestyle Secure Plan

Tired of Pushy Sales? Get Insurance, Your Way Tired of Pushy Sales? Get Insurance, Your Way

Riders Associated with Bajaj Allianz Lifestyle Secure Plan

You can add the following riders to your Bajaj Allianz Lifestyle Secure:

Bajaj Allianz Accidental Death Benefit Rider

In case of the policyholder’s demise due to the accident benefits are paid to their nominee.

Bajaj Allianz Accidental Permanent Total/ Partial Disability Benefit Rider

Under the accidental disability rider,Benefits are offered in case of the policyholder’s disability or demise due to the accident.

Features of Bajaj Allianz Lifestyle Secure Plan

Inbuilt Accelerated Terminal Benefit

The plan comes with an Inbuilt Accelerated Terminal Illness risk cover that allows you to avail a life cover amount in case of diagnosis of terminal illness.

No medicals required

There's no medical test required to opt for Bajaj Allianz LifeStyle Secure Plan.

Affordable premiums

The plan offers high life cover in exchange for affordable premiums.

Lower premiums for females

Bajaj Allianz LifeStyle Secure Plan offers lower premium rates for their female policyholders.

Exclusions of Bajaj Allianz Lifestyle Secure Plan

Here is the list of exclusions associated with the plan:

  • The policy shall be terminated if the policyholder commits suicide within 12 months from the date of policy inception.
  • Death due to consumption of any intoxicants.
  • Death due to any aviation accident.

Conclusion

Bajaj Allianz Lifestyle Secure is a simple term plan that offers financial protection to your loved ones after your demise. This plan offers a range of benefits including- life cover, flexible premium payment options, add on covers, no medicals required 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 choose 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 Lifestyle Secure: FAQs

1. What is Bajaj Allianz LifeStyle Secure policy?

Bajaj Allianz LifeStyle Secure policy is a pure protection plan that offers high life cover at affordable premiums.

2. What is the claim settlement ratio for Bajaj Allianz LifeStyle Secure policy?

Bajaj Allianz LifeStyle Secure policy is a reliable insurance provider with a CSR of 99.0%. (CSR as per IRDAI report of the year 2022-23).

3. Can I surrender my Bajaj Allianz LifeStyle Secure policy?

Yes, you can surrender the Bajaj Allianz LifeStyle Secure policy, but no surrender value is payable under this plan.

4. What is the maturity benefit of Bajaj Allianz LifeStyle Secure policy?

Under this plan, you’ll not get any maturity benefit after completing the policy term.

5. What is the maximum sum assured in the Bajaj Allianz LifeStyle Secure Policy?

The maximum sum assured in Bajaj Allianz LifeStyle Secure policy is around Rs. 25 lacs.

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A boy-in-squares bagging escapades of switching streets in groove & sensing musical airy-notes from 6 1". Under wayed nyctophile sketching the walls of life from the panorama of anime.