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Bajaj Allianz eTouch II Life Shield

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Term Insurance plan

99.11%

Claim Settlement Ratio

93%

Amount Settlement Ratio

4.4

Complaints per 10,000 claims settled

₹ 0.00 0.0 INR ₹ 0.00 Tax Included

₹ 0.00 Tax Included

  • Brand
  • Type

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Brand: Bajaj Allianz
Type: Term Plan

Terms and Conditions
30-day Free Lookup period 

Add-Ons

7 Free Add Ons

Early Exit Benefit : Option to get back premium (excl GST) and exit the plan at a specified age. Policy Term : >35 years, Cover age : >70 years

Life Stage Benefit: Get an option to increase life cover at key life stages like marriage, first & second child birth/adoption, home loan & children`s education loan 

Health Management Services: Receive complimentary Health Management Services valued up to Rs. 31k per annum for male customers and up to Rs. 36.5k per annum for female customers (read policy doc)

Auto Cover Continuance Benefit : Policyholders can defer premium for up to 12 months, while maintaining the full risk cover under the base plan and attached riders

Terminal Illness :  A portion of the life cover will be paid out immediately instead of being paid on death

Waiver of Premium on Disability: All future premiums will be waived off and the plan continues as is. In such an event, regular income might get affected due to disability

Insta-payout on claim intimation: Get 2 lakh paid out immediately upon claim intimation. No waiting, just swift assistance when it's needed most.

Paid Add ons :

💡

Extra Payout on Accidental Death

Critical Illness and Disability


Discount

1% New to life insurance discount (1st year)

6% Online discount (1st year)

5% discount for salaries (1st year)



Document

Download Brochure: 

Taxes

GST : 18% on premium paid

Income tax Benefits : Under Section 80C, premium paid for Term plan is tax exempted. Limit is upto Rs. 1.5 Lacs

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