• Get Life Cover worth Rs.1 Crore at Rs.17 per day2 – Bajaj Allianz Life Smart Protection Goal

  • Apne life goals ki guaranteed1 hona Ye Bhi Sahi Hai

  • Fulfill your Life Goals with Bajaj Allianz Life Goal Assure

  • Here's a Comprehensive Tool To Plan Your Child's Future

  • There is lot to remember in Life, Set renewal premium payments to Auto Pay

  • Get your Life Goals Done with Bajaj Allianz Life Smart Assist – BINA MILEY MIL-KAR

  • Paying your Renewal Premium is Quick and Easy!

  • Know the right amount of Insurance you need in just a few steps!

  • Avail Term Insurance Tax Benefits under Section 80D

  • Know how to invest money during the covid-19 pandemic!


Thanks for showing your interest. A representative from
Bajaj Allianz Life will contact you shortly.

Dear Customer, we request you to connect with us in our next business working hours, (Monday to Saturday 24*6) Thank you, Have a great day ahead


I hereby authorize Bajaj Allianz Life Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) or on National Do Not Call Registry (NDNC), any call made, SMS or WhatsApp sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business


Please refer to BALIC Privacy Policy

Get 1 Crore Life Cover@ Rs.20 Per Day2

Covers COVID-19 Claims##

What is the Survival Period in Critical Illness Insurance plan | Bajaj Allianz Life

Pay lower premium3 on online term plans

Please enter a Name
Please enter a Mobile No.
Please check the box to proceed
WS_LIGuideHome_Banner_EN 307 38983691 WS_LIGuideHome_Banner_HI 307 38983695
WS_LIGuideHome_Banner_Mob_EN 307 38983693 WS_LIGuideHome_Banner_Mob_HI 307 38983677
Please Select Language

2,3,##T& C Apply | BJAZ-BN-EC-03414/22

What is the Survival Period in Critical Illness Insurance plan?

By : Bajaj Allianz Life

Today, individuals live in times that are, to say the least, highly uncertain. With a fast-paced lifestyle, critical illness is an ever-present danger. The cases of critical illness are on the rise, and in order to safeguard yourself and your family, perhaps, it is preferable to get critical illness insurance. Through this, you can mitigate the high costs associated with treatment of critical illness.

Critical illnesses are life-threatening diseases, all too common nowadays. With increasing healthcare costs, you don’t want the stress of financial burden should a critical illness arise. Moreover, expenses related to treatment and care during critical illness are far higher than those related to non-critical illnesses. Critical illness covers conditions like cardiac arrest, stroke, kidney failure, cancer etc. and you cannot ignore treatment, or the costs associated with it. With this in view, several insurance companies provide specifically designed insurance policies that focus on coverage for critical illness. Such policies, unlike regular life insurance plans, give the insured a lump sum in the event of a diagnosis of critical disease according to the terms and conditions of the policy. However, critical illness insurance plans have certain clauses such as the critical illness survival period, and you should be aware of how these affect plans.


What is the survival period?


A critical illness insurance plan saves you from the exorbitant costs of medical treatment you would have to incur if you had a critical illness like cancer or heart disease. The insurer gives you an amount in a lump sum to cover your costs. Although this may help you in a substantial way, there are specific clauses in a critical illness plan that you should take note of. For instance, the survival period in critical illness plans.

A critical insurance policy's survival period is an important factor to be considered. It is the amount of time one must survive after being diagnosed with a critical illness for availing the benefit under the plan. Once you have passed the survival period, you will be eligible for benefits under the policy subject to its terms & conditions . The length of the survival period varies from insurer to Insurer, however it typically ranges from 14 days to a month. When purchasing insurance, this factor must be considered. A shorter survival period will prevent emotional fatigue. It will enable you to reap additional benefits from the policy.


Facts to Know About the Survival Period


For any individual who opts for a critical illness plan, they must understand certain facts related to the survival period clause of the plan. As you may have read, in some insurance policies, there is something that is known as a “waiting period”. This differs from the survival period. Hence, before you opt for any plan, you should read and grasp the terms and conditions thoroughly. Here are certain facts about the differences between the critical illness survival period and the waiting period clauses that occur in insurance plans. You should know about these, so you don’t get confused:

  • While all life insurance plans have waiting period clauses, all do not have survival period clauses.
  • The waiting period is defined as the period a policyholder has to wait before they are eligible to get any benefit from the policy. This begins once your policy becomes effective. For a critical illness policy, the waiting period may be longer than that of a regular policy.
  • The waiting period of any policy is influenced by pre-existing medical conditions that a policyholder may have.
  • The survival period is of a short duration, unlike that of the waiting period. The survival period of any critical illness insurance policy only takes effect after a diagnosis of critical illness is made. To gain any benefit from the plan, a policyholder must survive this time span.




The critical illness survival period is a crucial part of a critical illness policy. You may not be able to predict when an illness occurs, but you can certainly opt for a plan that has a brief survival period. In this way, you secure your future financials in a logical way. Purchasing critical illness plans is one of the preferred ways to gain peace of mind that is needed when dealing with any critical illness.


##Our policy covers COVID 19 claims subject to policy terms and conditions being met

3Discount is available for regular premium and limited premium payment frequency under all variants of this product.

2Above illustration is considering Male aged 25 years | Non-Smoker | Life Cover Variant | Policy term (PT)– 30 years | Premium Payment Term (PPT) – 30 years | Sum Assured opted is Rs. 1,00,00,000 | Online Channel | Non -medical rates | Annual Premium Payment Mode | Premium shown above is exclusive of Goods & Service Tax/any other applicable tax levied, subject to changes in tax laws, and any extra premium and is for illustrative purpose only.

~Tax benefits as per prevailing Income tax laws shall apply. Please check with your tax consultant for eligibility.

The above information is for general understanding and is meant to educate the general public at large. The reader will have to verify the facts, law and content with the prevailing tax statutes and seek appropriate professional advice before acting on the basis of the above information.