1. Home
  2. Bajaj Allianz Life
  3. Term Life
  4. Bajaj Allianz Life Saral Jeevan Bima Insurance
Bajaj Allianz Life

Bajaj Allianz Life Saral Jeevan Bima Insurance

Bajaj Allianz Life presents a simple yet effective way of securing your and your family's Life goals. Bajaj Allianz Life Saral Jeevan Bima is a non-linked, non-participating, individual pure risk premium life insurance plan, which provides for payment of Sum Assured in lump sum to the nominee in case of the Life Assured's unfortunate death during the policy term
Request a Call Back
Name is required
Email is required
Contact is required
Thank you for contacting us

Bajaj Allianz Life insurance review

Bajaj Allianz Life
Distribution - Number of branches pan India (March 2019)
604
Entry Age Minimum/Maximum (Years) - Term Plans
18/65
Sum Assured Minimum / Maximum - Term Plans
50 lacs / Unlimited
Policy Term Minimum / Maximum (Years) - Terms Plans
5/67
Solvency Ratio (FY 2018-19) *
8.04
Number of Policies Sold (Ind+Group) *
311,507
Number of Lives Covered (Ind+Group) **
34,353,869
Claims Settlement Ratio (Ind+Group) ***
99.47%
* - As per IRDAI data 2018-19 - The solvency ratio of an insurance company is the size of its capital relative to all the risk it has taken, which is all liabilities subtracted from total assets. In other words, solvency is a measurement of how much the company has in assets versus how much it owes
** - as per L-25 Public Disclosure of Insurance Companies for 2019-20  |  *** - Claims Settlement Ratio = Claims Settled in the year / Claims Reported in the year - as per IRDAI data published

Bajaj Allianz Life Life Saral Jeevan Bima Insurance Overview

  • Key Benefits
  • Eligibility

Key Benefits of Bajaj Allianz Life Life Saral Jeevan Bima Insurance

  • Life Cover: The term insurance plan offers life cover to protect your family in case of an unfortunate event of your death.
  • Multiple premium paying terms: The term plan offers single, limited (5 and 10 years) and regular premium paying terms to help you opt for an option in line with your particular needs.
  • Life cover up to a term of 40 years: The term plan offers life cover for up to 40 years

Eligibility Criteria of Bajaj Allianz Life Life Saral Jeevan Bima Insurance

  Minimum Maximum
Sum Assured (in Rs.) Minimum - 5 lakhs Minimum - 25 lakhs
Policy Term (in years) Minimum - 5 years Minimum - 40 years
Entry Age of Policyholder (in years) 18 65
Maximum Maturity age (in years) 70
Payment modes Single/Yearly/Half yearly, Monthly

Brochure

Review Bajaj Allianz Life Life Saral Jeevan Bima Insurance brochure to understand coverage details.

Know more »

Policy wordings

Review Bajaj Allianz Life Life Saral Jeevan Bima Insurance policy wordings which explains the terms and conditions.

Know more »

Search for Bajaj Allianz Term Life insurance

Other popular Bajaj Allianz Term Life insurance India

 

Smart Protect Goal

iSecure Term

iSecure More Term

iSecure Loan Term
 
 

Life Secure Term

Life eTouch Online Term

Lifestyle Secure Term

Saral Jeevan Bima
 

Useful links

Product links

Keep in touch

  • Address

    InstantCover Insurance Web Aggregator Private limited
    710, 6th B Cross, 16th Main Road, Koramangala 3rd Block, Bangalore - 560 034.

  • 080-41101026
  • Send an email
CIN: U66000KA2018PTC117713 | IRDAI Web aggregator License Code Number: IRDAI / INT / WBA /53/ 2018, Valid till 07/08/2025