Life Goals Loading…



    • Convert Your Saving into Investments to Fulfil Future Life Goals.

    • Get Life Cover worth Rs.1 Crore at Rs.18 per day2 – Bajaj Allianz Life Smart Protect Goal

      PLAN NOW
    • Fulfill your Life Goals with Bajaj Allianz Life Goal Assure

      PLAN NOW
    • Life Insurance Term Plan with Return Of Premium

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

    • Checkout Quarterly Market & Macro Overview - Oct'20

    • Is your weight right according to your height?

      Calculate BMI Now
    • Find out your Immunity Score right away!

      Calculate Now
    • How much Insurance do I need

    • Paying your Renewal Premium is Quick and Easy!

      Pay Now
    • CIO commentary on RBI Monetary Policy: October 2020


    Looking for a Term Plan?

    Get Exclusive Discount on online purchase^

    Have us call you

    Please enter a Name
    Please enter a Mobile No.

    ^3% Discount is available for regular premium and limited premium payment frequency under all variants of Bajaj Allianz Life Smart Protect Goal A Non Linked, Non-Participating Pure Life Term Insurance Plan.

    Please select a option
    Please select a option

    Thanks for sharing your details, A Sales 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

    Have Us Call You

    Get your Life Goals Done

    Have us call you

    Please enter a Name
    Please enter a Mobile No.
    Please select a option

    Bajaj Allianz LifeStyle Secure A Non-linked, Non-Participating, Term Life Insurance Plan

    • Security for your family with regular income
    • In-built Accelerated Terminal Illness risk cover
    • No medicals required
    • High Sum Assured rebate
    Online term insurance plan - LifeStyle Secure
    • Overview
    • Key Advantage
    • How this works
    • Eligibility
    • Downloads
    • Sample Illustration
    • Policy Benefits

    Term Insurance Plan - Bajaj Allianz LifeStyle Secure

    You work hard to achieve your life goals and to provide the best possible lifestyle to your loved ones. You wouldn’t want their life goals journey to pause in your absence or in case a terminal illness were to affect you. Hence, it is essential to secure these dreams in a holistic manner.

    Bajaj Allianz LifeStyle Secure, a non-linked, non-participating, individual, life, regular premium, pure risk premium payment term insurance plan provides you with level cover term assurance with accelerated terminal illness benefit. It helps ensure that your family members maintain their lifestyle and are able to pursue their life goals without any hindrance. Bajaj Allianz LifeStyle Secure allows you to enjoy a worry-free life in the knowledge that financial hurdles will not come in the way of your loved ones and their aspirations.

    Regular income

    In case of earlier occurrence of death or terminal illness of the life assured, the benefit is paid in equal monthly instalments up to 240 months depending upon the policy term chosen.

    Inbuilt accelerated terminal illness cover

    If you have been diagnosed with a terminal illness and you have a life expectancy of less than six months, you are eligible to receive the entire sum assured as an accelerated benefit.

    No medical examination/tests required

    You don’t need to undergo any test or medical examination before buying the plan.

    Option to take death/TI benefits in lump sum

    There is an option to discontinue the monthly instalment anytime and receive the death or terminal illness benefit as a lump sum amount.

    High sum assured rebate

    This term insurance plan offers an attractive rebate of ₹ 2.75 for every ₹ 1000 for a sum assured of more than ₹ 3 lakh.

    Simple procedure to get risk cover

    Attractive rates for female lives

    You can customize your policy to suit your requirement in the following manner:

    Choose your Sum Assured

    Choose your Policy Term (PT)

    (Your premium will be based on your current age, gender, Sum Assured, policy term & premium payment frequency.)

    Entry Age

    Minimum age is 18 years

    Maximum age is 50 years

    Maturity Age

    Minimum Age at Maturity

     23 years

    Maximum Age at Maturity 

     60 years

    Policy Term

    5/ 7/ 10/ 15/ 20 years







    Minimum Premium (in ₹)





    Maximum Premium (in ₹)





    * Monthly premium payment frequency will be available under salary deduction scheme & ECS.

    Premium Payment Frequency

    Yearly, Half-yearly, Quarterly and Monthly

    Sum Assured

    Minimum Sum Assured


    Maximum Sum Assured



    Shruti aged 28 years

    She has opted for LifeStyle Secure for a policy term of 20 years. The Sum Assured chosen by her is ₹ 12,00,000 for which she is paying an annual premium of ₹ 3,722 after a high sum assured rebate of ₹ 2,475. 

    • Death Benefit

    In case of unfortunate death at any time during the policy term, the benefit received by the nominee/claimant will be ₹ 12,00,000 paid over 240 equated monthly installment. (Same benefits will be payable in case of terminal illness)

    Premium shown above is exclusive of Goods & Service Tax/any other applicable tax levied, subject to changes in tax laws and any extra premium.

    The Claimant is a person who is either the life assured (if alive) or policyholder (if different from the life assured) or the assignee or the nominee or the legal heirs of policyholder/nominee(s) to whom the policy benefit will be payable.

    Death & Terminal Illness

    If all due premiums are paid under the policy, then, in case of unfortunate death or Terminal Illness (TI) of the life assured, whichever is earlier, the nominee/ claimant will receive the Sum Assured in equated monthly installments as per the table below:

    Policy Term (in years)

    Death/ TI benefit is paid over (in Months)











    Tax Benefits

    Premium paid are eligible for tax benefit under Section 80C of the Income Tax Act and death benefit is eligible for tax benefit under Section 10(10D) of the Income Tax Act, subject to the provision stated therein.

    You are requested to consult your tax consultant before claiming any benefit under the policy.

    Term insurance benefits for married people

    Why Term Insurance Is important for Working Couples

    Buy term insurance and get affordable life cover

    Term Insurance : Insurance That Costs Less Than Your Daily Chai


    ⭐ What is the death and Terminal Illness Benefit offered under LifeStyle Secure?

    On earlier occurrence of unfortunate death or Terminal Illness (TI) of the Life Assured, the nominee is entitled to receive the Sum Assured in equated monthly instalments provided all due premiums are paid. The equal monthly instalments can be taken for a period of 60 to 240 months depending upon the premium term chosen. Such instalments help in providing a regular source of income to the nominee in the absence of the Life Assured. 

    ⭐ Can I alter the regular premium payment frequency in the plan?

    Yes, you can change the premium payment frequency any time, subject to availability of the frequency and minimum modal premium criteria under the plan. You can opt from yearly, quarterly, half-yearly or monthly premium payment terms as per your convenience. It is calculated by multiplying annual premium by the premium payment frequency factors. For monthly premium payment option, frequency factor is 0.09; for quarterly it is 0.26; for half-yearly it is 0.51 and for yearly premium payment it is 1.00. 

    ⭐ What is the tax benefit offered by Lifestyle Secure?

    Lifestyle Secure offers a significant tax benefit. As part of this plan, premiums are eligible for tax benefit under Section 80C of the Income Tax Act while death benefit gets tax benefit under Section 10 (10D) of the Income Tax Act, subject to the provision stated therein. You are requested to consult your tax consultant before claiming any benefit under the policy.  

    Life Insurance Glossary

    Annualised Premium

    “Annualised Premium” means the total amount of Regular Premiums payable in a Policy Year, after due consideration of applicable premium factors for various Premium Payment Frequency. (In this calculation, any extra premium, Rider Premium or applicable taxes are excluded.

    Grace Period

    “Grace Period” means a period of fifteen (15) days for a monthly Premium Payment Frequency and thirty (30) days for other than monthly Premium Payment Frequency, from the due date of the Regular Premium payment.

    Life Assured

    “Claimant” means the Life Assured (if alive) or Policyholder (if different from the Life Assured) or the assignee or the Nominee or the legal heirs of Policyholder/Nominee(s) to whom the Policy Benefit will be payable.

    Maturity Date

    “Maturity Date” means the date specified in the Schedule on which the Maturity Benefit as per policy document shall become payable to the Policyholder


    “Nominee” means the person who has been nominated in writing to the Company by the Policyholder, who is entitled to receive the Death Benefits under the Policy as mentioned in Policy Document.

    Paid-up Sum Assured on Death

    “Paid-up Sum Assured on Death” is the reduced value of the Sum Assured on Death arrived at by multiplying the Sum Assured on Death with the proportion of the number of Regular Premiums paid to the total number of Regular Premiums payable under the Policy.

    Paid-up Sum Assured

    “Paid-up Sum Assured” is the reduced value of the Sum Assured arrived at by multiplying the Sum Assured with the proportion of the number of Regular Premiums paid to the total number of Regular Premiums payable under the Policy

    Paid up Sum Assured on Maturity 

    If the Regular Premiums due for first three (3) Policy Years are paid and subsequent Regular Premiums are not paid, the Policy will, immediately and automatically, be converted to a paid-up Policy on the expiry of the Grace Period as per the conditions stated in the policy document.


    “Policyholder” means the adult person named in the Schedule who has concluded the Policy with the Company

    Rider Benefit

    “Rider Benefit” means the benefit payable under the Rider on the happening of the contingent event covered under the Rider. For more details, refer to the Policy Document

    Rider Life Assured

    “Rider Life Assured” means the person named as the Rider Life Assured in the Schedule whose life is assured under this Rider

    Rider Premium

    “Rider Premium” means the amount exclusive of applicable taxes, if any, payable by the Policyholder at regular intervals during the Rider Premium Paying Term, in amount (along with and as part of the Regular Premium) and at the Premium Payment Frequency.

    Rider Premium Paying Term

    “Rider Premium Paying Term” means the period specified in the Schedule during which the Rider Premium is payable.

    Rider Term

    "Rider Term” means the period between the Date of Commencement of Rider and the Rider Maturity Date, as mentioned in the Schedule

    Sum Assured on Maturity

    "Sum Assured on Maturity” is the amount as specified in the Schedule under the Policy Document.

    Sum Assured

    “Sum Assured” is the amount as specified in the Schedule under the Policy.

    Surrender Benefit

    “Surrender Benefit” means the benefit, if any, payable on the surrender of the Policy. The details are as given in Policy Document.

    • Talk to an Expert
    • About Us
    Have us
    call you
    Please enter a Name
    Please enter a Mobile No.
    Please select a option
    • Amongst ‘Top 75 most valuable Indian Brands 2019’1
    • One of the most Trusted Brand2
    • Claims Settlement Ratio 98.02%~
    • 1 Day Claim Approval7
    • Solvency ratio of 745% **
    • AAA (In) Rating by CARE – Highest Claims Paying Ability$
    • Claim deposits via electronic transfer to make process faster
    • ` 56,085 Total Assets Under Management (AUM)
    • 3.44 Crore number of lives covered#
    • Our Priority is not to sell Life Insurance, it is to serve you in the fastest & most convenient manner when you need us.

    787% of non-investigative individual claims approved in one working day for FY 2019-20. 1 day is counted from date of intimation of claim before 3 PM on a working day (excluding Non-NAV days for ULIP) at Bajaj Allianz Life offices

    ~Individual Claims Settlement Ratio for FY 2019-2020

    **All figures as on 31 March, 2020

    #Individual & Group

    1 Report published by Kantar millward brown

    2Survey conducted by brand equity – Nielsen in March 2019

    $For details refer to press release published by CARE

    "What are your life goals?" is one of the most common questions that comes to one's mind while taking any step further in Life. Most just answer it by laughing it off or saying we will think about it.

    A key reason that they feel this way is that they haven't spent enough time thinking about what they want from their life, and haven't set themselves any goals.

    Goals keep changing as per different life stages and one has to plan meticulously for their future.

    Deciding your Life Goal is all about planning to "Live your life, your way". There could be various Life Goals such as trotting the globe, becoming a food blogger to starting your own business, owning your dream house, or planning your Childs education or marriage.

    L"IF"E is full of IF's... and one needs to plan to secure their loved ones and themselves against the Ifs of Life. When you opt for a life insurance plan, you transfer your family's financial risks in case of any unfortunate event to the life insurer. This allows you and your loved ones to live life fearlessly. Life Insurance protects your family's financial wellbeing from the consequences of living without an income.

    When you purchase a life insurance policy, one of your major life goal gets fulfilled i.e. you purchase a sense of security. A safety net that cushions your family members from the financial impact of your sudden absence and ensures that any outstanding debts that were incurred during your lifetime don't fall upon your loved ones.

    Having life goals is an important aspect in each one's life. One needs to be SMART and plan out well in advance to ensure nothing goes wrong in the future. Life insurance offers a range of products that could come in handy for meeting your financial goals.

    To ensure that it is not too late, get your #LifeGoals insured with us today! It will help you smile in the face of tomorrow's uncertainties and let you live a worry free life!