Bajaj Term Insurance
Bajaj Life Term Insurance commenced its operations in 2001 and expanded its presence across the country. It serves ...Read More
The headline features and policy mechanics, at a glance.
Affordable premium options starting from entry-level to comprehensive whole-life protection.
Industry-leading approval rate on eligible term insurance claims in the most recent fiscal year.
Well above IRDAI's 1.5× floor — strong indicator of long-term claim-paying ability.
Choose from level cover, increasing cover, and return-of-premium variants.
Extend a base policy with add-on covers — critical illness, accidental death, waiver of premium and more.
Branch offices and claim service centres across India for easy policy servicing.
Every plan currently being sold by Bajaj Term Insurance, shown side-by-side so you can shortlist quickly.
‘A woman who takes care of everyone in the family deserves a comprehensive solution that provides her protection.’ Bajaj Life Superwoman Term Insuranc...
Bajaj iSecure More by Bajaj Life Insurance is an increasing cover term assurance plan. It offers a financial safety net to your loved ones in case of ...
Bajaj Life Diabetic Term Plan Sub 8 HbA1c is a unique protection plan offering term insurance coverage to pre-diabetics and type 2 diabetic individual...
Bajaj Life Smart Goal Protect is a flexible term insurance plan built for modern financial needs. An economic plan with affordable premium rates, come...
Bajaj Lifestyle Secure is a dual benefit insurance plan that combines life cover with protection against critical and terminal illnesses in one policy...
Bajaj iSecure Loan Term Plan is a protection-focused insurance plan designed to clear your outstanding loan in case of death. It ensures your family d...
Bajaj Sararl Jeevan Bima is a non-linked, non-participating individual, pure-risk premium life insurance plan designed to provide financial security t...
Bajaj Life Secure is an advanced term insurance plan that offers protection till your 100th birthday. This plan is a non-linked and non-participating ...
Bajaj iSecure plan is a non-linked, non-participating plan that offers an advanced level of term insurance coverage at a low cost. The plan offers rew...
Bajaj e-touch is a pure term insurance plan safeguarding you and your loved ones from unforeseen circumstances. The plan is equipped to manage various...
Side-by-side across the 3 most-bought Bajaj Term Insurance plans on PolicyX.
| Feature | Bajaj Life Superwoman Term Insurance Plan | Bajaj iSecure More | Bajaj Life Diabetic Term Plan Sub 8 HbA1c |
|---|---|---|---|
| Plan type | Term Plan | Term Plan | Term Plan |
| Sum assured | Base sum assured- Rs 50 lakhs to Rs 10 crore | Base sum assured- Rs 2.5 lakh to No limit | Base sum assured: Rs 25 lakhs to no limit. |
| Entry age | Minimum age- 18 years, Maximum age- 60 years | Minimum age- 18 years, Maximum age- 60 years | Minimum Age - 30 years Maximum Age - 60 years |
| Top benefits | Critical Illness Cover · Free Health Management Services | 7 Plan Options · Cover Continuance Benefit | Premium Reduction on Renewal · Good Health Premium Discounts |
The standard inclusions and exclusions across Bajaj Term Insurance plans. Specific plans may add benefits — always check the policy wording before purchase.
Enhance your term plan with optional add-on riders for broader protection.
Bajaj Waiver of Premium Benefit Rider
Future premiums are waived in case of the policyholder’s demise due to accidental death, disability, or any of the 11 critical illnesses mentioned.
Bajaj Family Income Benefit Rider
1% of the sum assured is offered for a rider term or 10 years as family income in case of accidental death, disability, or diagnosis of any of 11 critical illnesses.
Bajaj Accidental Death Benefit Rider
In case of the policyholder’s demise due to an accident, an additional payout is given to the nominee along with the base sum assured.
Bajaj Accidental Permanent Total/Partial Disability Benefit Rider
Additional payout is offered in case of total or partial disability of the policyholder due to an accident.
Bajaj Critical Illness Rider
Benefits are offered to the nominee in case of the policyholder’s demise due to any of 11 listed critical illnesses.
Bajaj Term Insurance is one of the most trustworthy and reliable insurer partners. Here are the reasons why you should choose Bajaj Term Insurance Plans:
01
Bajaj Term Plans are reliable and have a claim settlement ratio of 99.33% which is proof of their unwavering commitment to their customers.
02
A delay in the claim settlement can create unnecessary hurdles for the family members of the policyholder. Bajaj Life Insurance offers 1-day claim approval for eligible term insurance policies.
03
Bajaj term insurance offers an extensive range of products, that are designed to meet the diverse needs of the customers.
04
Bajaj offers term insurance tax benefits under Section 80C of the Income Tax Act, 1961 for up to 1.5 lakhs of the total premium paid in the same financial year.
05
The company has an extensive nationwide network with 576 branches. With their robust physical presence, they stand amongst the largest life insurance providers.
06
Bajaj Term Life Insurance Company is counted among the most trusted insurance providers in the nation.
07
Bajaj term insurance goes beyond insurance coverage and offers many add-on services such as customer support, online policy management, and personalized assistance.
For policy purchase and claim submission. Have these ready before you start.
To purchase a Bajaj term insurance plan in 2025, certain eligibility criteria must be met. Let's understand the eligibility criteria in detail.
Bajaj Term Insurance Plans offer various additional benefits to the policyholders.
Some Bajaj term plans, such as Bajaj eTouch, offer you the option to skip your premiums for 1, 2, and 3 years in case of any uncertainty.
Bajaj term plans, such as Bajaj Life Diabetic Term Plan II Sub 8 HbA1c, offer health management services through webinars, medical consultations, etc.
Bajaj Term Plans offer discounts to the policyholders on choosing high sum assured with their plan.
Bajaj term insurance plans, such as Bajaj Life iSecure, offer a joint life cover option so that you can cover your spouse under a single plan.
Some Bajaj term plans, such as Bajaj Life Saral Jeevan Bima, offer special discounts to female policyholders
There are various Bajaj term plans based on their features, policy tenure, benefits, etc. You can choose the one that best suits your requirements.
These plans only provide a sum assured to the nominee in case of the death of the policyholder. No survival benefits are included.
These plans give the premium amount back to the policyholders only if they survive the policy term.
These plans offer monthly income to the policyholder’s dependents in case of the policyholder’s demise.
These plans offer inbuilt coverage against critical illnesses.
These plans offer inbuilt coverage against accident disability and death cover.
Step-by-step guides for the four key moments in your policy lifecycle. Click a tab to switch.
Don't just take our word for it — check out what our happy customers say about us!
All my claims were rejected for 3 years. Then, I received a text from PolicyX team, who noticed that my claims hadn't been settled. They managed to get my claims settled, totalling ₹4.5 L. I really appreciate the efforts of the PolicyX advisors for their support in settling my claims.
Ravindra SinghI highly appreciate the help of the PolicyX team for settling my claim of Rs. 5 Lakhs with zero deductions. I took a policy online from them in March 2024. As a customer, it's been a great experience throughout the process.
Priti VarshneyI'm very satisfied because my claim of over ₹2 L has been settled as a result of your team effort. However, I was very upset with the insurer, who delayed the claim for almost 2 months. But with your support and interaction, the claim was settled within 30 days & I appreciate it a lot.
Nisha MaryI bought my health policy from PolicyX, and so far, it's been a very pleasant experience with the team. I really appreciate the help for renewing my health policy. I look forward to continuing my relationship with PolicyX and recommend it to everyone.
Ajay ShahPolicyX has been a savior during a medical emergency in my family recently. My wife was admitted in the hospital, and the insurance company declined my claim request. The PolicyX team handled the situation very well and I received the claim right on time.
Vijay RathodI purchased a health plan for the very first time and the support by PolicyX is commendable. They helped me with the paperwork, explained the policy details to me with patience and supported me at every step of policy buying. A big thanks to you guys.
Uma MahajanThe 19 most-asked questions about Bajaj Term Insurance, answered.
Aggregate ratings from 948 verified PolicyX customers who bought a Bajaj Term Insurance plan.
PolicyX content is researched in-house and reviewed by an IRDAI-certified insurance specialist before publication.
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