What are the factors that determine Bajaj Allianz Life Insurance term insurance premium?

Various factors like the insured sum, the policy term, gender, your age, and smoking habits determine the premium amount.

Does adding any riders to my insurance plan increase the premium?

The premium amount gets increased with the addition of any of the optional additional riders. The reason is because additional riders provide additional benefits at a little extra cost.

Does age affect the calculation of the premium?

Yes, age affects the calculation of the overall premium because it is considered that if the age is higher the risk will increase which increases the premium.

Do insurance plan premiums get affected by personal habits?

The premium for smokers as well as those who consume tobacco or alcohol is generally on the higher side as they are considered to be in the high-risk category. It must be noted that the premium is different for tobacco/alcohol consumers and non tobacco/alcohol consumers.

Bajaj Allianz Term Insurance Premium Calculator

46 reviews

Bajaj Allianz Term Insurance

Highlights

Claim Settlement Ratio	98.48%
Customer Care	9:00 AM to 7:00 PM
Death Benefit Paid For	11,887 Policies
Inception	2001
Presence	759 Branches
Total Death Benefit Paid	Rs. 310.71 Crore

Term Life Insurance Premium Calculator

Gender

Male
Female

Date of Birth

Do you smoke or chew tobacco?

Yes
No

Choose required coverage to secure your family’s future

50L

1Cr

1.5Cr

2Cr

Coverage

Disclaimer :

1. Premium has been calculated for coverage till 60 years

2. Eligibility depends on income, occupation and educational qualification

Best Bajaj Allianz Term Insurance Plans

1 Crore

2 Crore

Smart Secure Plus - Base

LIFE COVER
Tax Free
₹1 Cr
CLAIMS SETTLED ₹99.51%

Starting From ₹ 707/Month

24hr Claim Settlement

Key Features:

Zero Cost Benefit
Terminal Illness
Nominee's Choice payout
Voluntary Top Up
Tax Benefits

IProtect Smart

LIFE COVER
Tax Free
₹1 Cr
CLAIMS SETTLED ₹97.84%

Starting From ₹ 857/Month

24hr Claim Settlement

Key Features:

Waiver of Premium on Disability
Terminal Illness
Life Stage Benefit
Tax Benefits

C2P Super - Base

LIFE COVER
Tax Free
₹1 Cr
CLAIMS SETTLED ₹99.4%

Starting From ₹ 771/Month

24hr Claim Settlement

Key Features:

Tax Benefits
Terminal illness

See More Plans

Bajaj Allianz Term Insurance Mediclaim Policy Premium Calculator

Bajaj Allianz Life Term Insurance Premium calculator by InsuranceDekho is particularly designed to allow calculation of monthly premium amounts to achieve sum assured. You can simply enter your Age, Cover up and Life Cover to get personalized results regarding premium calculation. By using the premium calculator, policyholders can uncover the premium amount they are required to pay for their term insurance plan.

How To Use Bajaj Allianz Life Term Insurance Premium Calculator?

Bajaj Allianz Life Term Insurance premium calculator is quite simple to use. Any individual can easily perform premium calculation by following steps including:

Step 1: Visit InsuranceDekho site. Open the ‘Life Insurance’ section.
Step 2: Click on the ‘Premium Calculator’ in the Life Insurance section.
Step 3: Enter details like Age, Gender, Cover up and Life Cover in the premium calculator for instant premium calculation.

Benefits Of Using Bajaj Allianz Life Term Insurance Premium Calculator

Below mentioned are some of the key benefits of using Bajaj Allianz Life term insurance premium calculator:

Accurate Premium: The Bajaj Allianz Life Term Insurance premium calculator helps you estimate the accurate premium. Premium estimation is done based on the premium paying frequency chosen by you.
Time-Saving & Hassle-Free: Bajaj Allianz Life term insurance premium calculator is quite simple to use. Moreover, it saves a lot of time. Anyone can easily calculate premiums by providing details related to Age, Gender, Cover up and Life cover within no time.
Assist In Comparison: Bajaj Allianz Life Term Premium Calculator assists you in comparing policy quotes of different term insurance plans, thereby helping you make the right decision.

Bajaj Allianz Term Insurance User Reviews

4.7

Rating based on

46 User reviews

What users are saying

Highly Recommended
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Bajaj Allianz
By Jagdish Keshari
On: Oct 31, 2023
Transparency in Policy Details
InsuranceDekho's transparency in policy details made me confident in my choice of securing the Bajaj Allianz T...
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By Tina Fernando
On: Oct 26, 2023
Wide Range of Options
InsuranceDekho provides a wide range of term insurance plans to choose from. It was easy to find the Bajaj All...
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Bajaj Allianz
By Karan Rajpal
On: Oct 18, 2023
Prompt Customer Support
Whenever I've had questions or needed assistance for my Bajaj Allianz Term Insurance Policy, InsuranceDekho's ...
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Bajaj Allianz
By Ramadevi Kutty
On: Oct 03, 2023
Transparent Policy Terms
The Bajaj Allianz Term Insurance Policy terms are crystal clear, and there are no hidden surprises with Insura...
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Bajaj Allianz
By Namita Jahan
On: Sep 15, 2023

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Explore Bajaj Allianz Term Insurance

Why to Buy Term Insurance Policy Online from InsuranceDekho

Tax benefit upto 1,50,000*
Claim support everyday 10AM-7PM
50 Lacs+ happy customers

Bajaj Allianz Term Insurance Contact Details

Reach us for help anytime

Insurance Dekho
755 1196 989Mon to Sun 10:00 AM to 7:00 PM
support@insurancedekho.com
Bajaj Allianz Term Insurance
1800-209-7272Mon to Sat 9:00 AM to 7:00 PM
customercare@bajajallianz.co.in

Claim Process at Bajaj Allianz Term Insurance

1
Claim Intimation
In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
2
Submission of Documents
Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
3
Claim Evaluation
Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
4
Claim Settlement
If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

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Bajaj Allianz Term Insurance Premium Calculator FAQs

What are the factors that determine Bajaj Allianz Life Insurance term insurance premium?
Various factors like the insured sum, the policy term, gender, your age, and smoking habits determine the premium amount.
Is the Bajaj Allianz Life Term Insurance premium calculator trustworthy?
Yes, this calculator is an excellent tool which will provide you with an accurate premium amount depending on your inputs.
Does adding any riders to my insurance plan increase the premium?
The premium amount gets increased with the addition of any of the optional additional riders. The reason is because additional riders provide additional benefits at a little extra cost.
Does age affect the calculation of the premium?
Yes, age affects the calculation of the overall premium because it is considered that if the age is higher the risk will increase which increases the premium.
Do insurance plan premiums get affected by personal habits?
The premium for smokers as well as those who consume tobacco or alcohol is generally on the higher side as they are considered to be in the high-risk category. It must be noted that the premium is different for tobacco/alcohol consumers and non tobacco/alcohol consumers.