Bajaj Allianz Life eTouch

Key features

• ✓Three plan variants: Life Shield, Life Shield Plus, Life Shield ROP
• ✓Premium payment options: Regular, Limited, or Pay till age 60
• ✓Death benefit payout as lump sum, part lump sum + monthly income, or monthly income
• ✓Waiver of Premium on Accidental Total Permanent Disability or Terminal Illness
• ✓Special premium rates (HSAR) for Sum Assured of ₹1 Crore and above
• ✓Cover up to age 99 option
• ✓Premium holiday option (skip 1-3 years of premium)
• ✓Discounts for women and salaried customers
• ✓Tax benefits under applicable Income Tax Act sections
• ✓Special exit value provision for early surrender

What’s included

• ✓Death benefit payable on death of life assured during policy term
• ✓Terminal illness benefit (paid on diagnosis of terminal illness)
• ✓Waiver of all future premiums on Accidental Total Permanent Disability
• ✓Waiver of all future premiums on Terminal Illness diagnosis
• ✓Accidental Death Benefit (under Life Shield Plus variant)
• ✓Return of premiums at maturity (under Life Shield ROP variant)

What’s excluded

• ✕Suicide within 12 months of policy commencement or revival (only premiums paid refunded as per IRDAI norms)
• ✕Death due to participation in hazardous/adventure sports (depending on disclosure)
• ✕Death due to war, invasion, or civil commotion (as per policy wording)
• ✕Death due to self-inflicted injury
• ✕Death under influence of drugs/alcohol not prescribed by a qualified medical practitioner
• ✕Pre-existing conditions not disclosed at proposal stage

Eligibility

Min age

18 years

Max age

65 years

Max entry age

65 years

Covers

Self

Policy term

10 to 40 years (or up to 85 minus age at entry; 'Cover up to Age 99' option available)

Life cover

Min ₹50 Lakh; Max no limit (subject to Board Approved Underwriting Policy). Optional Cover up to Age 99.