Bajaj Allianz Lifestyle Secure Plan

A term plan that takes care of your families current and future lifestyle needs.

Key Features

  • Financial security for your family
  • Includes Accelerated Terminal illness cover
  • No medical examination
  • More value for money

Benefits

  • Death/Terminal illness benefit
Assured sum is provided to the nominee in case of death/terminal illness of the life insured at regular monthly intervals.

Am I eligible?

PARAMETER MINIMUM MAXIMUM
ENTRY AGE 18 50
MATURITY AGE 23 60
SUM ASSURED 3,00,000 15,00,000
POLICY TERM 5 20
PAYMENT TERMS YEARLY, HALF YEARLY, QUARTERLY, MONTHLY

What if?

  • I am unable to pay on time

A grace period is provided based on the payment frequency. The policy is continued if you make the payment within the time period else the policy is lapsed.
  • I stop the payment

The policy is lapsed. Death or paid up benefits are not availed.
  • I wish to take a loan

Loan options are not available in this policy.

Exclusions

  • If the life assured commits suicide within one year from the commencement of risk the contract of insurance is terminated by providing 80% of the paid up premiums.