Bajaj Life iSecure II [116N208V03

Key Advantage

  1. Flexible options- Life shield : Protection at low cost, Life Sheild Plus: Addition of Accidental Death Benefit,Life Sheild ROP-Affordable Term Plan with ROP.
  2. Auto Cover Continuous Benefit ( ACC): Defer premium upto 12 months.
  3. Zero Cost Term Plan: Early Exit & get upto 100% of total premium paid.
  4. Health Management Service: Inbuilt facility to opt for unlimited online doctor consultations & Annual Health check-ups worth Rs 36500 for female and Rs 31000 for male.
  5. Surrogate Income proofs and relaxed underwriting guidelines to ensure hassel free issuance.
  6. Sum assured/coverage Term: 2 crore upto 85 years.

Eligibility Criteria

Parameters

Eligibility

Min/Max Entry Age

18 Years/65 Years

Min/Max Maturity Age

28 Years/ 85 Years

Minimum Sum Assured

Rs 25,00,000

Maximum Sum Assured

Rs 2,00,00,000 Max SA shall be as per the board approved Underwriting

Premium Payment Term ( PPT)& Policy Term( PT)

 

Premium Paying Type

Premium Paying Term

Policy Term

Life

Limited Pay

5

10 to [85 minus Age at entry]

10

11 to [85 minus Age at entry]

15

16 to [85 minus Age at entry]

20

21 to [85 minus Age at entry]

25

26 to [85 minus Age at entry]

10 to [85 minus Age at entry]

Same as Premium Paying Term

 

Premium Paying Type

Premium Paying Term

Policy Term

ROP

Limited Pay

5

10 to 50

10

15 to 50

15

20 to 50

20

25 to 50

25

30 to 50

10 to 50

Same as Premium Paying Term

Who Can Opt This Plan

  • Salaried Individuals: To secure their family's financial future
  • Self-Employed/Business Owners: To ensure business continuity and secure their family's future
  • Parents/Individuals with dependents: To ensure a good life style for the loved ones even in his/her absence.

Disclaimer

The Federal Bank Limited is a Corporate Agent having registration number - Regn. No. CA0227. The service provided by The Federal Bank Limited is purely an agency service and is carried out strictly on a non-risk participation basis. The Federal Bank Limited, as corporate agent does not underwrite the risk or act as an insurer. Participation by the Federal Bank’s customers in the insurance product is purely on a voluntary basis and is not linked to the availment of any other facility from the Federal Bank Limited.

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