Bajaj Allianz’s iSecure Term Insurance Plan

Bajajallianzlife.com – The Bajaj Allianz’s iSecure insurance term plan is the non linked, non-participating, regular premium and the level term guarantee plan. The level term plan covers to provide the financial security for your family and offer the lump sum amount at low premium.

Bajaj Allianz’s iSecure Term Insurance Plan –

Bajajallianzlife.com

 bajaj allianz isecure term insuranceIn Bajaj Allianz’s iSecure term insurance plan you can choose either joint life insurance term plan or individual insurance term plan. The lump sum amount assured to the insurer is Rs.20, 00,000 and above. The policy will be varied for the smokers and non-smokers. The premium amount charged for your policy based on the sum assured, current age, policy term, lifestyle category, premium payment frequency and many more.

The Bajaj Allianz’s iSecure insurance term plan offers lots of benefits to the insurer family. Here, the benefits, eligibility criteria and features of Bajaj Allianz’s iSecure insurance term plan is explained below

Eligibility Condition For Bajaj Allianz’s Isecure Insurance Term Plan

  • Minimum Entry Age Of Policy: 18 years
  • Maximum Entry Age Of Policy: 60 years
  • Minimum Maturity Age Of Policy: 28 years
  • Maximum maturity age of policy: 70 years

Documentations Required:

  • Identity Proof
  • Age Proof
  • Address Proof
  • PAN Number
  • Income Proof

Excellent Features Of Bajaj Allianz’s Isecure Insurance Term Plan

Minimum Amount Assured:

  • General category: Rs. 2500000
  • Smokers and non-smokers: Rs. 20 lakhs

Maximum Sum Assured: No Limit

Policy Terms:

  • 10 years
  • 15 years
  • 20 years
  • 25 years
  • 30 years

Maximum Installment Premium:

  • Sum Assured: monthly, half yearly and yearly.
  • >20 lakhs: yearly 1000, half monthly 500 and monthly 100
  • <= 20 lakhs: yearly 3000, half monthly 1500 and monthly 250

Policy Type:

  • Individual Policy: In the individual policy the customer cannot married
  • Joint Policy: The person can join also for the other person for this type of the policy

Grace Period: the grace period will be 30 days

Free Look Period: The free look period will be the 15 years.

Benefits Installment: the insurer can receive the death benefit in the monthly or the yearly method.

Benefits Of Bajaj Allianz’s Isecure Insurance Term Plan

Death Benefits:

  1. Individual Policy:
  • If the insurer will be died or physically challenged or suffer for sever problems means the sum assured for the policy will be provided to the family of the insurer.
  1. Joint Policy:
  • The death advantages are payable after the death
  • The insurance term policy will be ended after the insurer dead.

Premium Rates: The premium amount will be provided to the people after the insurance term plan life will be expired or the poly holder dead. If the policy holder assured the sum amount 20 lakhs means that amount will be provided for the policy holder.

Tax Benefits: The tax benefits are eligible under the section of Section 80 of the IT act and section 10 of the IT act.

Maturity Benefits: There is no maturity benefit

Survival Benefits: There is no surrender benefit.

Claim Settlement ratio of Bajaj Allianz Term Insurance Plan

As per the latest data, IRDA claim settlement ratio of Baja Life insurance is 91.955, which is one of the best in insurance industry.

Download Brochure of Bajaj Allianz Term Insurance Plan

You can download the PDF version of bajaj Allianz isecure term insurance from this link. for more best online term insurance, keep visiting Besttermplan.in

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Bajaj Allianz’s iSecure Term Insurance Plan
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Bajaj Allianz’s iSecure Term Insurance Plan
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Buy Bajaj Allianz iSecure insurance term plan, best online term insurance plan with decent death benefits, low premium rates and much more additional benefits. Bajaj Allianz iSecure insurance term plan REVIEW.
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