Talk to our Experts
1800-12000-0055
Get a call back!! 
You work hard to ensure the happiness of your family always. But how you would ensure the future of your family, in the event of any unforeseen contingencies. Bajaj Allianz Life presents eTouch Term Insurance plan which is a non linked, without profit insurance plan that provides financial protection for your family at an affordable cost. The term plan which takes care of expenses like child’s education, child’s marriage expenses, loan repayment, regular household expenses in your absence.This plan offers peace of mind at a click and can be bought online in an easy and convenient way.
Get QuotesIn the event of the untimely death of the life insured during the policy term, the total death sum assured is payable to the nominee as per the variants opted and payout option opted.
The plan offers 4 Variants which are:
Shield: Life Benefit WITH Waiver of Premium Benefit (on occurrence of ATPD- Accidental total and permanent disability)
Shield Plus: Life Benefit WITH Waiver of Premium Benefit (on occurrence of ATPD) PLUS ATPD Benefit
Shield Super: Life Benefit WITH Waiver of Premium Benefit (on occurrence of ATPD) PLUS Accidental Death Benefit (ADB) PLUS ATPD Benefit
Shield Supreme: Life Benefit WITH Waiver of Premium Benefit (on occurrence of ATPD OR CI) PLUS Accelerated CI Benefit PLUS ATPD
The plan offers 3 Payout options which are:
100% of the death benefit in a lump-sum
50% of the benefit in a lump-sum and the remaining in Level OR Increasing monthly instalments
100% of the benefits in Level OR Increasing monthly instalments
| Factor | Minimum | Maximum |
| Age (as on last birthday) | 18 Years | 65 Years |
| Age at Maturity | 28 Years | 75 Years |
| Policy Term | 10 Years | 40 Years |
| Premium Payment Term | Equal To Policy Term Chosen | - |
| Annual Premium | Rs 5,000 | As Per The Maximum Sum Assured |
| Premium Paying Mode | Monthly, Quarterly, Semi Annually & Annually | - |
| Sum Assured | Rs 50,00,000 | No Limit |
No rider is available with this plan. However, additional protection can be opted, as per the plan variant chosen.
Let us understand the plan with the example of Rakesh
Life Insured: Rakesh
Age of life Insured: 30 years
Policy Term: 20 years
Sum Assured: 1 crore
Annual Premium: Rs 5,813
Scenario A
In case of accident that leads to a total permanent disability, all the future premiums under the policy will be waived, and the policy will continue.
Scenario B
On the death of the life assured, the Sum Assured on Death will be paid and the policy will terminate.
Under this plan, the premium payment qualify for tax benefits as per Section 80C of the Income Tax Act and the policy proceeds are also entitled for tax benefits as per Section 10 (10D) of the Income Tax Act.
Why Comparepolicy.com
Unbiased information on plans from varied insurance companies
Easy comparisons to choose the best insurance plan
No hidden costs, pay the same premium as offered by the insurer
Pre and post sales expert assistance for smooth online buying experience
Reliable, Accurate and Quick policy servicing
