1. What are the eligibility criteria for women to apply for term insurance?

The eligibility criteria depend on the term insurance policy that you choose to buy. Usually, term insurance is available aged 18 years and above, and the maximum entry age might be restricted to 65 or 70 years depending as per product terms and conditions.

2. Is maternity covered under term life insurance for women?

There is no specific coverage for maternity under term life insurance for women. Maternity is a medical coverage, while term insurance provides coverage against premature demise. If the woman passes away from the complications of pregnancy, then the claim will be payable under the policy.

3. Can homemakers apply for term insurance?

Yes, homemakers can also apply for term insurance. However, the maximum coverage available for them would depend on the insurance company’s underwriting guidelines.

4. Who can buy term insurance for women?

Husbands, parents, and women can buy term insurance for women 3 .

5. What is the difference between term insurance for women and men?

There is basically no difference between term insurance coverage for women and men. However, the underwriting for both policies might differ because the health risks associated with men and women are different. Moreover, premiums for term insurance for women are lower than those for men 5 .

Claim Settlement Ratio of 99.23%^~

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AUSTRALIA	80037371371
CANADA
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THAILAND
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BRUNEI	8014605
INDONESIA	0018030160202
JORDAN	080023194
OMAN	80074363
TURKEY	00800142030059
VIETNAM	1800400070
UNITED STATES	18339680951
Calling us from INDIA	18002097272
Rest of the World	+912067871700 (Call charges apply)

Term Insurance For Women

Today’s women are breaking traditional boundaries and carving out a niche in every field they choose to venture into. Whether it is the corporate world, whether women are successful leaders, sports, arts, etc., women are making their mark. Read More

Many women also handle their households and provide for their families financially. Many women are working and contribute to the running of their households. As such, if such women face any unexpected eventuality, their families would suffer a financial loss. A term life insurance plan for women becomes essential to cover such a financial loss. Read Less

Get ₹ 1 Cr Life Cover @ ₹14^*/Day

Health Management Services upto ₹36,500p.a.^{^^}

Zero Commission^$

Tax Benefits upto ₹46,800^##

Check Your Premium!

Full Name

Date Of Birth

Are you an NRI?

Yes No

Select Country

Australia
Austria
Belgium
Canada
Czech Republic
Denmark
England
Finland
France
Germany
Greece
Greenland (Denmark)
Holland
Hong Kong
Hungary
Iceland
Ireland
Italy
Japan
Kingdom of Bahrain
Kuwait
Luxembourg
Mauritius
Netherlands
New Zealand
Northern Ireland (UK)
Norway
Oman
Poland
Portugal
Qatar
Romania
Saudi Arabia
Scotland
Singapore
Slovenia
South Korea
Spain
Sweden
Switzerland
United Arab Emirates
United Kingdom
USA
Vatican City
Wales (UK)

Mobile Number

Email Id

Annual Income

I agree and consent to the Terms & Conditions, Privacy Policy

*^{,^^,$,##} T&C apply |BJAZ-WB-EC-10326/24

Occupation

Education

Pincode

Are you diabetic?

Yes No

Tobacco/Nicotine

Yes No

Choose your Life Cover

I agree and consent to the Terms & Conditions, Privacy Policy

*^{,^^,$,##} T&C apply |BJAZ-WB-EC-10326/24

Customer rating

Rated by customers

Keep these Documents Handy
Photo	Colored Photo
PAN Card	PAN Card/ Form 60
Age proof (Any one)	Passport Aadhar card Driver’s License Birth Certificate Baptism Certificate of PAN card
Income documents (Any one)	Last 6 months Bank statement with salary credit Form 16 Last 3 years ITR with Computation of Income (COI) Last 3 months salary slip + Last 6 months bank statement showing salary credited
Address proof/ID proof (Any one)	Passport Aadhar card Voters ID Driver’s License

^*Above illustration is for Bajaj Allianz Life eTouch- A Non-Linked, Non-Participating, Individual Life Insurance Term Plan(UIN:116N172V04) considering Male aged 22 years | Non-Smoker | Policy Term (PT)– 30 years | Premium Payment Term(PPT)– 30 years | Sum Assured opted is Rs. 5,00,00,000 | Online Channel | Standard Life | 1st Year Premium is Rs. 18,038. 2nd Year onwards premium Rs. 19,257. Total Premium Paid is Rs. 5,76,491 | Medical Rates | Yearly Premium Payment Mode | Death benefit opted is lumpsum payout and monthly instalments (Lumpsum Payout Percentage: 45, Income Payout Percentage: 55) | Premium shown above is inclusive of Online Discount only and 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.For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale.

^**The output generated through calculator are on the basis of the data inputted by you and is being provided to you solely for your reference purpose and not to be construed as investment advice. Please seek independent advice from your insurance consultant before making any investment decisions. While proper caution has been taken in designing this calculator, Bajaj Allianz Life Insurance Co. Ltd. assumes no liability for the accuracy of the information and data provided in this tool.

^##Tax benefits as per prevailing Section 10(10D) and Section 80C of the Income Tax Act shall apply. You are requested to consult your tax consultant and obtain independent advice for eligibility before claiming any benefit under the policy.Above Tax benefit is calculated considering deduction of Rs. 150,000 and applicable tax rate of 31.20%.

^@Term Insurance plan bought online directly from Bajaj Allianz Life Insurance has no commissions involved.

^{^^}Get Free Benefits up to ₹ 14,000 per year

S No.

Value Added Service

Frequency

Cost (₹)

Doctor Teleconsultations

Consultation per month
= 24 consultations per year

Average cost per session = ₹500
Total cost per year = ₹500 * 2 * 12 = ₹1200

Network Discounts
Medicines (M) - 10%, Lab Booking (L) - 10%,
In-Patient Hospitalization (P)- 5%,
Out-Patient Consultation (O) - 10%

Throughout the year

Assumption - Total Expenses of these throughout the Year	Total Discounts that can be availed throughout the year
M - ₹5,000	₹500
L - ₹5,000	₹500
O - ₹5,000	₹500
P - ₹10,000	₹500

Total per year as per assumptions

₹ 14,000

Note: The above mentioned costs are based on estimated average market price for respective services.

Bajaj Allianz Life Insurance Co. Ltd. | IRDAI Reg. No. 116

Get Your Life Goals, Done!

Tailored Life Insurance Solutions for your long-term Life Goals.

Term Insurance

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Written ByShruti Gujarathi

AboutShruti Gujarathi

Shruti Gujarathi has 5 years of experience in the BFSI sector, and as Manager- Digital Marketing at Bajaj Allianz Life Insurance, manages digital and content marketing. She has had hands-on experience in content strategy, performance marketing and Strategic Alliances over a career spanning 10 years.

Reviewed ByRosy Pathak

AboutRosy Pathak

Rosy Pathak, AVP- Product and Brand Marketing at Bajaj Allianz Life Insurance carries over 17 years of experience in Marketing and a demonstrated history of working in the insurance industry. She is skilled in Product Management, Planning and Strategy, Project Management, Marketing and Communication.

What Is Term Insurance for Women?
Benefits of Term Insurance for Women: Why Should You Buy One?
How term insurance for women works
Types of term insurance which can be purchased by women
Features of term insurance
How do you choose the right term insurance for women?
Things to consider before buying Term Insurance for women
Why Bajaj?
Conclusion
FAQs

What Is Term Insurance for Women?

A term insurance policy also covers women individuals. The policy provides financial protection against the risk of dying early, i.e. premature demise. If the insured woman happens to die during the policy tenure, the plan pays the death benefit to compensate the woman’s family for the financial loss suffered.

Almost all term insurance plans can be taken for women. Whether the woman is working or a housewife, the plan will cover the risk of dying early, i.e. premature demise.

Benefits of Term Insurance for Women: Why Should You Buy One?

Some of the benefits of buying a term insurance plan for women are as follows –

Financial security

A term insurance plan is designed to provide financial security in the case of a premature demise. If a woman is contributing financially to her family’s needs and goals, in her absence, her family would suffer a financial loss. Even if the woman is a housewife, her premature demise would incur a financial loss as there would be no one to manage the household. To compensate for this financial loss, the term plan becomes important. It can provide financial assistance to the family in case of the woman’s premature demise, which brings security.

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Different plans for different needs

There are different types of term insurance plans. Women can choose from increasing term plans, decreasing term plans, return of premium plans or level term plans. This gives women the facility to choose coverage depending on their needs and enjoy complete financial protection.

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Customisable

Optional riders are available with term insurance. Women can choose suitable riders to enhance the scope of their policy and customise the coverage based on their needs. Plus, they can choose the coverage level, the policy tenure, premium paying terms and frequencies, and other policy details to design a plan that matches their needs.

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Tax benefits

Lastly, term insurance plans also offer tax benefits, which allow tax-paying women to reduce their tax liability. The premium paid for term insurance plans qualifies for Income Tax deduction under Section 80C up to ₹1.5 lakhs under the old regime subject to specific terms and conditions¹. The death benefit received is completely tax-free². If you choose the return of premium term plan and get the premiums refunded on maturity, the maturity benefit received would also be tax-free under Section 10(10D) subject to specific terms and conditions¹.

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How term insurance for women works

Term life insurance can be bought by³ –

A woman for herself
A husband for his wife
A parent for their daughter

When term insurance for women is bought, the following policy details are to be selected by the policyholder –

The type of policy
The policy tenure
The sum assured
The PPT, i.e. the premium-paying tenure
The frequency of premium paying
Optional riders, if any.

Based on the selected details, the age of the woman, and other risk factors, the premium is determined. The premium is payable over the chosen premium paying term and in the selected frequency. The death benefit is paid if the insured woman happens to die within the tenure of the policy.

However, on the other hand, if the insured woman survives for the entire policy tenure, no maturity benefit is paid. However, if the return of premium option has been selected, the premiums paid will be refunded back on maturity.

Types of term insurance which can be purchased by women

The different types of term insurance plans available are as follows –

Type of policy	Meaning	Example
Level term plan	The sum assured under the plan remains constant throughout the policy tenure.	You buy a term plan with a sum assured of ₹50 lakhs. If the life assured happens to die during the policy tenure, the sum assured of ₹50 lakhs would be paid as a death benefit.
Increasing term plan	The sum assured increases by a specified rate during the policy tenure. If the life assured happens to die within the duration of the policy, the sum assured in the year of death is paid.	You buy a term plan with a sum assured of ₹50 lakhs. From the second policy year, the sum assured increases by ₹5 lakhs. The life assured passes away in the 6^th policy year. In this case, the sum assured in the 6^th year was ₹75 lakhs, which would be paid as a death benefit.
Decreasing term plan	In this plan, the sum assured is reduced by a specified rate during the policy tenure. If the life assured happens to die within the duration of the policy, the applicable sum assured in the year of death is paid.	You buy a term plan with a sum assured of ₹50 lakhs. From the second policy year, the sum assured decreases by ₹5 lakhs. The life assured passes away in the 6^th policy year. In this case, the sum assured in the 6^th year will be ₹25 lakhs, which would be paid as a death benefit.
Return of premium term plans	Under these plans, the death benefit is paid If the life assured happens to die within the duration of the policy. However, if the life assured survives the entire tenure of the policy, the premiums paid during the policy tenure are refunded.	You buy the Bajaj Allianz Life eTouch II Plan with the Life Shield Return of Premium Option. You choose a sum assured of ₹50 lakhs, a term of 25 years and choose to pay annual premiums regularly. The annual premium amounts to ₹10,899 for 1^st year and from 2^nd year ₹12,855 per year. If the life assured survives till maturity, the plan will refund ₹3,19,419 which is the aggregate premiums paid over the tenure⁴. On the other hand, in the case of premature demise, the death benefit of ₹50 lakhs would be paid^{4,^^}.

Features of term insurance

Some of the salient features of term insurance plans are as follows –

Under some term plans, there’s a whole life cover option, too. This option offers coverage up to 99 or 100 years of age.
Premiums can be paid regularly, for a limited tenure or in one lump sum through single premium, depending on the plan selected.
The premiums are affordable.
Premiums are lower for women compared to men⁵.

Some term plans have inbuilt riders. Under such plans, you get a wider scope of coverage with the policy.

How do you choose the right term insurance for women?

There are different options for term insurance plans. To choose the right term plan, it is advisable to compare the available options and pick the right plan. When comparing, consider the –

Type of policy
The sum assured
The coverage provided
The riders – both inbuilt and optional
The claim process

Choose a policy which offers the most inclusive scope of coverage at the most competitive premium rates. Plus, check the claim process. It should be simple and convenient so that you can get the claim settled with minimal hassles. Check the insurance company’s Claim Settlement Ratio (CSR) and choose an insurer with a high ratio for a higher probability of claim settlements.

Things to consider before buying Term Insurance for women

When buying term insurance for women, here are the things that you should consider –

Type of policy

First, assess the type of term plan that you need. If you want a plan with increasing coverage levels, choose an increasing term plan. On the other hand, if you want a plan with reduced coverage to mirror an outstanding debt, you can choose decreasing term plans. For those of you looking for a maturity benefit, return of premium plans could be a good choice. So, assess your coverage needs and then choose the right type of term insurance plan for women.

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Sum assured

The next important thing is the sum assured or the coverage level. The sum assured should be optimal to provide sufficient financial security to your family. So, you should assess your financial needs and goals and then choose a coverage which would be adequate to match them.
You can use a term insurance calculator to find the right sum assured for your policy. Alternatively, there are different methods to find adequate coverage of a term plan that would provide optimal financial security.

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Policy tenure

Term plans provide coverage during the policy tenure. Once the tenure expires, the coverage ceases. So, choose a tenure which aligns with your financial goals. It should be adequate to cover the financial risk for as long as needed. You can also choose the whole life option and stay covered throughout your lifetime.

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Premium paying term and frequency

To enjoy the full benefits of the term insurance policy, you have to pay the premiums as and when they are due. As such, choose a premium paying term and frequency which is affordable and allows you to pay the premiums without hurting your finances.

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Riders

Riders are optional coverage benefits which help enhance the scope of the policy and also customise the coverage, on payment of nominal additional premium. Assess the range of riders available with the term plan and choose those which match your coverage needs.

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99.29%

Claim Settlement Ratio^~

1 Day

Get 1 Day Claim Approval^%

AAA

Stable Rating by CARE^$$

₹1,23,734 Cr

Assets Under Management (AUM)^**

3.85 Cr

Number of Lives Covered^#

359%

Solvency Ratio of 359%^{^^^}

Disclaimer:^~Individual Death Claim Settlement Ratio for FY 2024-2025 | ^%96.70% of non-investigative individual claims approved in one working day for FY 2023-24. 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 | ^$$For details refer to press release published by CARE | ^**All figures as on 31 March, 2025 | ^{^^^}Solvency ratio 359% as at 31 March 2025 against IRDAI mandated 150% | ^#Individual and group, as on 31 March, 2025.

Conclusion

Understand what term life insurance is all about, and buy a suitable policy for your and your family’s coverage needs.Choose the right sum assured for adequate protection against life’s uncertainties, and with term insurance, you won’t have to worry about affordability.

Frequently Asked Questions

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I have invested in various products of Bajaj Allianz Life Insurance - I am happy with the services, returns and diversified product portfolio.

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I am a happy customer who is satisfied with the after sales service. I have full trust in Bajaj Allianz Life Insurance Company.

Shrikant A Karande

Happy with the returns

I was introduced by my advisor to invest in Bajaj Allianz Life Insurance .I have invested in the same and am happy with the returns and services.

Kavita Goplani

Very Happy

I am a 7 year old customer of Bajaj Allianz Life Insurance and very happy about the services.

Dhruv Soni

Types Of Term Insurance Plans In India

Life may be great for the most part, but at some point, uncertainties and unexpected events may happen. They may be sudden job losses, pay cuts, or even accidents. And almost always, such incidents come with financial difficulties. This is particularly true when there is sudden

What Is Policy Term?

Even at the best of times, life can be unpredictable and emergencies can strike without a moment’s notice. Therefore, in order to never find yourself in a situation that is financially burdensome

Term Insurance With Maturity Benefits

Term insurance plans provide a financial cover to a family / dependents on the event of a death of the breadwinner of the family. The cover helps the family to continue their life goals journey and not hit upon a financial burden on the death of the breadwinner.

Term Insurance Benefits For Single Women

A ladies handbag is her Armageddon Resource Centre, carrying everything ranging from tissues to snacks, from coins to a Swiss army knife, and from makeup to pepper spray. Naturally, because women know the power of being prepared. Everything in that handbag

View All

Reviewed by Life Insurance Experts

Bajaj Allianz Life is a trusted insurance partner

At Bajaj Allianz Life, we are here to support you in building a secure and worry-free financial future. With over 24 years of experience, we provide a variety of life insurance plans, including protection, retirement, savings, investment and health, to meet your unique needs.

Health Management Services for Women
Service	Frequency	Cost (₹)
Comprehensive Health Check-Up: - Cancer Screening - Diabetic, Thyroid, Lipid profile tests - Calcium Serum test - Complete Blood Count test	1 per year	₹ 3,500
OPD^^ in-clinic consultations (Specialist doctors like Gynaecologist, Obstetrician, Dermatologist, Paediatrician, Orthopaedic & General Physician) ^OPD = Outpatient Department	1 per year	₹ 1,000
Pregnancy OPD^ wallet (OPD^ benefit worth ₹ 2,000 unlocked in case of pregnancy)	Once during policy term	Not considered in yearly cost since this is available once during policy term
Doctor Insta-Consultations
Health Coach (Diet & nutrition consultations)	1 consultation per month = 12 consultations per year	Average cost per session = ₹ 500 Total cost per year = ₹ 500 * 12 = ₹ 6,000
Emotional Wellness (Psychologists consultations)	1 consultation per month = 12 consultations per year	Average cost per session = ₹ 500 Total cost per year = ₹ 500 * 12 = ₹ 6,000
Network discounts: Medicines (M) - 10% Lab-test booking (L) - 10% Out-patient consultation (O) - 10% In-patient consultation (P) - 5%	Throughout the year
Assumption - Total expense on these services throughout the year	Total discounts that can be availed throughout the year
M = ₹ 5,000	₹ 500
L = ₹ 5,000	₹ 500
O = ₹ 5,000	₹ 500
P = ₹ 10,000	₹ 500
Total per year as per assumption	₹ 36,500

Most Searched on Bajaj Life

Disclaimers:

Tax benefits as per prevailing Section 10(10D) and Section 80C of the Income Tax Act shall apply. You are requested to consult your tax consultant and obtain independent advice for eligibility before claiming any benefit under the policy.

^@Individual Death Claim Settlement Ratio for FY 2024-2025

^ISource: Bajaj Allianz Life Public Disclosure

^{^}Solvency ratio 359% as at 31 March 2025 against IRDAI mandated 150%

^**All figures as on 31 January, 2025

^$ For details refer to press release published by CARE

^% 96.70% of non-investigative individual claims approved in one working day for FY 2023-24. 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

^{^^}Above illustration is for Bajaj Allianz Life eTouch II - A Non-Linked, Non-Participating, Individual Life Insurance Term Plan (UIN:116N198V01) considering female aged 30 years | Non-Smoker | Policy Term (PT)– 25 years | Premium Payment Term (PPT) – 25 years | Sum Assured opted is Rs. 50,00,000 | Online Channel | Standard Life | 1st Year Premium is Rs. 10,899/ Month. 2nd Year onwards premium Rs. 12,855/ Month. Total Premium Paid is Rs. 3,19,419 | Medical Rates | Yearlyly Premium Payment Mode | Death benefit opted is lumpsum payout and monthly installments (Lumpsum Payout Percentage: 45, Income Payout Percentage : 55) | 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. This is exclusive of all the discounts mentioned above

Bajaj Allianz Life Goal Assure IV with 10X Life Cover²

BUY NOW

IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER.

Bajaj Allianz Life Goal Assure IV with 10X Life Cover²

Starting from ₹ 3000/ Month¹

Zero LTCG Tax^$

Buy Now

^Subject to Section 10 (10D) conditions i.e. aggregate annual premium for ULIP policies issued on or after 1st February 2021 does not exceed Rs. 2.5 Lakhs.

¹Minimum premium mentioned is applicable for Bajaj Allianz Life Goal Assure IV - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L204V01) and is subject to policy terms and conditions.

^#Source: https://economictimes.indiatimes.com/investments-marts/eight-crucial-numbers-to-ensure-financial-success/10-times-the-annual-income-is-your-life-insurance/slideshow/16699748.cms . Subject to availability in Bajaj Allianz Life ULIP Plans. For more details on risk factors, terms and conditions please read sales brochure & policy document (available on www.bajajallianzlife.com ) carefully before concluding a sale.

*Benchmark: Nifty 500 Multicap Momentum Quality 50 Index past 5 CAGR Returns, as on 31st December 2024. Past returns of a fund are not necessarily indicative of the future performance of the fund. | Please consult the financial advisor before investing.

The Unit Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender or withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year.

ULIPs are different from the traditional insurance products and are subject to the risk factors. The premium paid in ULIPs are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. Bajaj Allianz Life Insurance Company Limited is only the name of the Life Insurance Company and Bajaj Allianz Life Future Wealth Gain IV - A Unit- linked Non- Participating Individual Life Savings Insurance Plan (UIN:116L202V01), Bajaj Allianz Life Goal Assure IV - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L204V01), Bajaj Allianz Life LongLife Goal III is A Unit-linked Non-Participating Whole Life Insurance Plan (UIN:116L203V01), Bajaj Allianz Life Invest Protect Goal III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L205V01), Bajaj Allianz Life Magnum Fortune Plus III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L207V01), Bajaj Allianz Life Goal Based Saving III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN:116L206V01) and Bajaj Allianz Life Smart Wealth Goal V - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L201V01) are only the name of the unit linked insurance contracts and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document issued by the insurance company. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns. For more details on risk factors, terms and conditions please read sales brochure & policy document (available on www.bajajallianzlife.com ) carefully before concluding a sale.

Nifty 500 Multicap Momentum Quality 50 Index Fund is available Bajaj Allianz Life Future Wealth Gain IV - A Unit- linked Non- Participating Individual Life Savings Insurance Plan (UIN:116L202V01), Bajaj Allianz Life Goal Assure IV - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L204V01), Bajaj Allianz Life LongLife Goal III is A Unit-linked Non-Participating Whole Life Insurance Plan (UIN:116L203V01), Bajaj Allianz Life Invest Protect Goal III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L205V01), Bajaj Allianz Life Magnum Fortune Plus III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L207V01), Bajaj Allianz Life Goal Based Saving III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN:116L206V01) and Bajaj Allianz Life Smart Wealth Goal V - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L201V01)

In addition to the already existing funds, Nifty 500 Multicap Momentum Quality 50 Index Fund is now available with the above mentioned products. Customer has an option to choose from other available funds apart from Nifty 500 Multicap Momentum Quality 50 Index Fund.

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS

IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

CIN: U66010PN2001PLC015959 | Registered Office Address: Bajaj Allianz House, Airport Road, Yerawada, Pune-411006, Maharashtra

Email: customercare@bajajallianz.co.in | Tollfree: 1800 209 7272

Disclaimer: Images used on this website and the models photographed in them are for representative purposes only and are not indicative of anyone's personal thoughts or ideas.

The Logo of Bajaj Allianz Life Insurance Co. Ltd. is provided on the basis of license given by Bajaj Finserv Ltd. to use its “Bajaj” Logo and Allianz SE to use its “Allianz” logo.

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Disclaimer

For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. The terms and conditions of product/plan as contained in the Policy Document issued by the Company is available on the Web Site. The names of the Company, Products/Plans/funds do not indicate the quality and its future prospects or returns. IN ULIPs, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. Unlike traditional products, Unit linked insurance products are subject to market risk, which affect the Net Asset Values & the customer shall be responsible for his/her decision. Tax benefits are as per the prevailing Income Tax Laws including the Income Tax Act, 1961 and are subject to change from time to time. Goods and Services Tax will have to be borne by the Policyholder as per applicable rates. All other charges shall be levied in accordance with the terms and conditions of the policy.

This calculation and results displayed are based on information provided and certain assumptions about the rates of return. It is for assistance only and does not constitute an offer or solicitation. It is not intended to be and must not alone be taken as the basis for an investment decision. Kindly note that the returns are only illustrative and they are not guaranteed. The returns do not indicate the upper or lower limits of the return that you may get with your policy and the value is dependent on a number of factors including future performance. Bajaj Allianz Life Insurance Company Limited shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information reported by the calculator.

¹©2021 Morningstar. All Rights Reserved. The Morningstar name and logo are registered marks of Morningstar, Inc. The information, data, analyses and opinions ("Information") contained herein: (1) include the proprietary information of Morningstar and its content providers; (2) may not be copied or redistributed except as specifically authorized; (3) do not constitute investment advice; (4) are provided solely for informational purposes; (5) are not warranted to be complete, accurate or timely; and (6) may be drawn from fund data published on various dates and procured from various sources. Morningstar, its affiliates, and its officers, directors and employees shall not be liable for any trading decision, damage or any other loss arising from using the Information. Please verify all of the Information before using it and do not make any investment decision, except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up

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Term Insurance For Women

What Is Term Insurance for Women?

Financial security

Different plans for different needs

Customisable

Tax benefits

How term insurance for women works

Types of term insurance which can be purchased by women

Features of term insurance

How do you choose the right term insurance for women?

Type of policy

Sum assured

Policy tenure

Premium paying term and frequency

Riders

Why Bajaj Allianz Life Insurance ?

Claim Settlement Ratio~

Get 1 Day Claim Approval%

Stable Rating by CARE$$

Assets Under Management (AUM)**

Number of Lives Covered#

Solvency Ratio of 359%^^^

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Returns upto 26.7%*

Claim Settlement Ratio^~

Get 1 Day Claim Approval^%

Stable Rating by CARE^$$

Assets Under Management (AUM)^**

Number of Lives Covered^#

Solvency Ratio of 359%^{^^^}