Eligibility criteria
For Life Shield & Life Shield Plus
Cover up to Age 99
Entry Age
- Minimum Age: 18 years
- Maximum age: 65 years
Pay till 60 option – Mini mum: 25 years, Maximum: 55 years.
For Life Shield ROP
Age at Entry
- Minimum Age: 25 years
- Maximum age: 65 years
Age at Maturity
For Life Shield
99 Years (For Life Shield Plus, for ADB: 85 years)
For Life Shield Plus and Life Shield ROP
- Minimum age at maturity: 28 years
- Maximum age at maturity: 85 years
Policy Term
Life Shield
99 minus Age at Entry
(For Life Shield Plus, for ADB: 85 minus Age at Entry)
Life Shield Plus
- Minimum Policy Term: 10 years
- Maximum Policy Term: 85 minus age of entry
Life Shield ROP
- Minimum Policy Term: 10 years
- Maximum Policy Term: 50 years
Premium Payment Term
Life Shield
Life Shield Plus and Life Shield ROP
- Limited Premium or Equal to Policy term
In Limited Premium, the Premium Payment Terms available are 5 years, 6 years, 10 years, 12 years, 15 years, 20 years and Pay till the Age of 60 years
Sum Assured
- Minimum Sum Assured: ₹50,00,000
- Maximum Sum Assured: No limit, subject to Board Approved Underwriting Policy
Terminal Illness Sum Assured
- Minimum: ₹50,00,000
- Maximum: ₹2,00,00,000
Terminal Illness Sum Assured will be as per the base sum assured subject to the above limits
Minimum & Maximum premium:
- As per the minimum & maximum Sum Assured
Premium Payment Frequency
- Yearly, Half yearly, Quarterly and Monthly
Half yearly, Quarterly and Monthly premium frequencies are only allowed under auto-debit process as allowed by RBI to financial institutions.
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS - IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.
Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz Life eTouch are the names of the company and the product respectively and do not in any way indicate the quality of the product and its future prospects or 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 Red. Office Address: Bajaj Allianz House, Airport Road, Yerawada, Pune - 411006. IRDAI Reg. No.: 116. CIN : U66010PN2001PLC015959, Call us on toll free No.: 1800 209 7272, Mail us: customercare@bajajallianz.co.in. Bajaj Allianz Life eTouch is A Non-linked Non- Participating Individual Life Insurance Term Plan (UIN: 116N172V03). 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. All charges/ taxes, as applicable, will be borne by the Policyholder.
Axis Bank Ltd is a Corporate Agent for Bajaj Allianz Life Insurance Company Limited and is registered with Insurance Regulatory and Development Authority of India bearing registration number CA0069. This Plan is offered and underwritten by Bajaj Allianz Life Insurance Company Limited. The purchase of Bajaj Allianz Life Insurance product is purely on voluntary basis. Axis Bank Ltd.is not in the business of insurance and there is no link either direct or indirect between the banking services offered by the bank to its customers and use of the insurance Product. The Bank’s trademark & logo displayed herein exclusively belongs to Axis Bank Ltd.
BJAZ-WC-ECNF-07899/24
