Bajaj Life eTouch II

Life is full of “IF’s”. Presenting a protection plan built to safeguard you and your loved ones from various uncertainties in life. Don’t let worry come knocking on your doors. Be prepared with Bajaj Life eTouch II, a life insurance plan for you and your loved ones to help realize your dreams without any compromises in case of an unforeseen event.
Wait no longer….gift your family the perfect shield against the “IF’s of LIFE” in just a few clicks.

Features & Benefits
Steps to Buy
Eligibility

Features & Benefits

Key advantages of Bajaj Life eTouch

Shield for your life to cover Death & Terminal Illness

Flexibility to pay premiums throughout the policy term, or for a limited number of years, or till your retirement (Age 60)

Get back your Total Premiums Paid⁴ as Maturity benefit¹

Extra pay out in case of death due to accident²

Choose how your family receives the benefit in your absence, as a lump sum or as monthly income for 5 /10/ 20/ 30 / 40 years or a combination of both

Option to defer premiums by up to 12 months with Auto Cover Continuance Benefit

Exit early (after your need for cover is over) and get back your paid premiums as Early Exit Value³

Premium Holiday option which helps you skip your premiums for 1, 2 or 3 years during the premium payment term

Enhance your protection through our comprehensive riders

Tax benefits^# as per prevailing tax laws

¹Maturity Benefit is available with Life Shield ROP variant
²Accidental Death Benefit is available with Life Shield Plus variant
³Early Exit Value is available with Life Shield & Life Shield Plus variants

Steps to Buy - Bajaj Life eTouch

Easily purchase Bajaj Life eTouch online in just a few simple steps.

01
Choose Your Variant
The variant chosen at inception cannot be changed during the policy term.
02
Choose Your Sum Assured
Decide on the level of protection by choosing the sum assured you need to safeguard your family’s future
03
Choose Your Death Benefit Payment Option
Select how your family will receive the Death Benefit in your absence:
a) A one-time lump sum, or
b) Partly as lump sum & partly as monthly income for 60 months
04
Choose Your Policy Term And The Premium Payment Term (As Applicable)
Select the period for which you want to get life insurance protection and the period for which you want to pay the premium
05
Choose Your Premium Payment Frequency
Depending on your convenience you can decide the interval at which you would prefer to pay the premium during the premium payment term.

Your premium will be based on your current age, gender, sum assured, variant, death benefit pay-out option, policy term, premium payment term & frequency, etc.

Types of Variant

Variant	Benefits
	Death Benefit	Terminal Illness Benefit	WOP Benefit on ATPD/TI	Maturity Benefit
Life Shield	Benefit payable on death of the Life Assured during the policy term No Prior Terminal Illness Claim is made: Your nominee/legal heir will receive the Sum Assured on Death⁵. Prior Terminal Illness Claim has been made: Your nominee/legal heir will receive the Prevailing Sum Assured on Death (i.e. Sum Assured on Death⁵ – Sum Assured on TI7). In case, Sum Assured = TI Sum Assured, no Death Benefit will be paid. The policy will terminate on payment of Death Benefit.	Benefit payable in case the Life Assured is diagnosed with Terminal Illness during the policy term a) If the Sum Assured chosen is less than or equal to ₹2 crores (i.e. maximum TI Sum Assured), We will pay the Sum Assured on TI7 and the policy will terminate Or, b) If the Sum Assured chosen is greater than ₹2 crores (i.e. maximum TI Sum Assured), we will pay ₹2 crores and the policy will continue with the balance Sum Assured, i.e. (Sum Assured on Death⁵ less than ₹2 crores) with the waiver of future premiums. This balance Sum Assured on Death⁵ will be payable on death of the Life Assured, and the policy will terminate on death of Life Assured. Note: The sum assured will include any Life-Stage Upgrade sum assured under the policy. Terminal Illness Benefit is not an additional Benefit. It is an acceleration of Death Benefit and is included in the Sum Assured on Death.	We will waive off any future premiums under the policy a) If the Life Assured is diagnosed with Accidental Total Permanent Disability (ATPD), the policy will continue for existing Death benefit & Terminal Illness Benefit. Or, b) If the Life Assured is diagnosed with Terminal Illness (TI) & chosen Sum Assured is greater than ₹2 crores, the policy will continue for remaining Death Benefit.	Not applicable
Life Shield Plus	Benefit payable on death of the Life Assured during the policy term No Prior Terminal Illness Claim is made: Your nominee/legal heir will receive the Sum Assured on Death⁵. Prior Terminal Illness Claim has been made: Your nominee/legal heir will receive the Prevailing Sum Assured on Death (i.e. Sum Assured on Death⁵ – Sum Assured on TI7). In case, Sum Assured = TI Sum Assured, no Death Benefit will be paid. The policy will terminate on payment of Death Benefit. Accidental Death Benefit (Benefit payable if the Life Assured’s death occurs due to accident during the ADB cover period) In addition to the Death Benefit, an additional benefit equal to the ADB sum assured (as chosen at inception) shall be paid to the nominee/legal heir. Note: The ADB sum assured will include any Life-Stage Upgrade sum assured under the policy.	Benefit payable in case the Life Assured is diagnosed with Terminal Illness during the policy term a) If the Sum Assured chosen is less than or equal to ₹2 crores (i.e. maximum TI Sum Assured), We will pay the Sum Assured on TI7, and the policy will terminate Or, b) If the Sum Assured chosen is greater than ₹2 crores (i.e. maximum TI Sum Assured), We will pay ₹2 crores and the policy will continue with the balance Sum Assured on Death5, i.e. (Sum Assured less ₹2 crores) with the waiver of future premiums. This balance Sum Assured on Death⁵ will be payable on death of the Life Assured, and the policy will terminate on death of Life Assured. Note: The sum assured will include any Life-Stage Upgrade sum assured under the policy. Terminal Illness Benefit is not an additional Benefit. It is an acceleration of Death Benefit and is included in the Sum Assured on Death.	We will waive off any future premiums under the policy in case a) If the Life Assured is diagnosed with Accidental Total Permanent Disability (ATPD), the policy will continue for existing Death benefit & Terminal Illness Benefit. Or, b) If the Life Assured is diagnosed with Terminal Illness (TI) & chosen Sum Assured is greater than ₹2 crores the policy will continue for remaining Death Benefit and Accidental Death Benefit.	Not applicable
Life Shield ROP	Benefit payable on death of the Life Assured during the policy term No Prior Terminal Illness Claim is made: Your nominee/legal heir will receive the Sum Assured (as chosen by you at inception). Prior Terminal Illness Claim has been made: Your nominee/legal heir will receive the Prevailing Sum Assured on Death (i.e. Sum Assured on Death5 – Sum Assured on TI⁷). In case, Sum Assured = TI Sum Assured, no Death Benefit will be paid. The policy will terminate on payment of Death Benefit.	Benefit payable in case the Life Assured is diagnosed with Terminal Illness during the policy term a) If the Sum Assured chosen is less than or equal to ₹2 crores (i.e. maximum TI Sum Assured), we will pay the Sum Assured on TI7, and the policy will terminate Or, b) If the Sum Assured chosen is greater than ₹2 crores, we will pay Rs 2 crores and the policy will continue with the balance Sum Assured on Death⁵, i.e. (Sum Assured less ₹2 crores) with the waiver of future premiums. This balance Sum Assured on Death5 will be payable on death of the Life Assured, and the policy will terminate on death of Life Assured. Note: Terminal Illness Benefit is not an additional Benefit. It is an acceleration of Death Benefit and is included in the Sum Assured on Death.	We will waive off any future premiums under the policy in case a) If the Life Assured is diagnosed with Accidental Total Permanent Disability (ATPD), the policy will continue for existing Death benefit & Terminal Illness Benefit. Or, b) If the Life Assured is diagnosed with Terminal Illness (TI) & chosen Sum Assured is greater than ₹2 crores, the policy will continue for remaining Death Benefit.	If the Life Assured survives till the end of Policy Term, Maturity Benefit will be payable a) Benefit payable if the Life Assured survives till date of maturity and if no claims have been paid before date of maturity - You will receive an amount equal to Sum Assured on Maturity i.e. Total Premiums Paid⁴, as a one-time lump sum on the date of maturity b) Benefit payable if Terminal Illness Benefit has been paid before the date of maturity – You will receive Maturity Benefit equal to [1 - (Sum Assured on TI⁷/Sum Assured on Death⁵)] X Total Premiums Paid4 and will be paid out on the maturity date. The Policy will terminate on payment of Maturity Benefit.

The acronyms used stand for: (i) TI – Terminal Illness (ii) ATPD – Accidental Total Permanent Disability (iii) WOP – Waiver of Premium (iv)ADB- Accidental Death Benefit

Eligibility

Eligibility for Bajaj Life eTouch

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

Limited Premium

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 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.

Bajaj Life Insurance Ltd. (Formerly known as Bajaj Allianz Life Insurance Company Limited)

Risk Factors and Warning Statements: Bajaj Life Insurance Limited and Bajaj Life eTouch II 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.bajajlifeinsurance.com) carefully before concluding a sale Red. Office Address: Bajaj Insurance House, Airport Road, Yerawada, Pune - 411006. IRDAI Reg. No.: 116. CIN: U66010PN2001PLC015959, Call us on Customer Care Number: 020-6712 1212, Mail us: cucustomercare@bajajlifeinsurance.com. Bajaj Life eTouch II is A Non-linked Non- Participating Individual Life Insurance Term Plan (UIN: 116N198V05). The Logo of Bajaj Life Insurance Ltd. is provided on the basis of license given by Bajaj Finserv Ltd. to use its “Bajaj” Logo. All charges/ taxes, as applicable, will be borne by the Policyholder.

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