Note: Know more about what is term insurance first before reading this article.
Bajaj Term Insurance Plan for Housewife
Bajaj term insurance for housewife is a type of life insurance plan that provides a fixed payout to the family of housewife in case of any eventuality with the housewife. This guaranteed payment is offered against the payment of premiums that are made by the policyholder.
Why Should Housewives Buy Bajaj Term Insurance Plans for Housewife?
With the increasing number of diseases among females like PCOD, and breast cancer, term insurance plan for housewife is a necessity. With a Bajaj Term insurance plan for housewives, you can secure your family members financially. The payout from the term coverage can be used to manage the house and helps in your children’s education, health, and well-being.
What are the Benefits of buying a Bajaj Term Insurance Plan for Housewives?
Following are some of the benefits of buying a Bajaj Term Insurance Plan for Housewives:
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Financial Security: This plan can support financial planning by providing the nominee with a guaranteed amount to deal with important expenses.
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Low premium rates: You can easily buy an online term insurance plan at affordable rates in a simple and hassle-free way. Term plans are economical and offer you good value for money. The earlier you buy a term plan, the lower the premium you have to pay because the premium increases with the increase in the buyer’s age. It is always recommended to buy a term insurance plan at younger ages.
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High sum assured: You can purchase high life cover amounts at low rates as a term plan comes with no component of investment. The total premium is then invested towards the sum assured that is paid to the nominee/beneficiary in case of death during the plan term.
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Protecting the future of your child: The Bajaj e-Touch term plan offers various term insurance benefits for the well-being of your children, helping them to guarantee a bright future without having any financial stress. So, purchasing a term insurance plan for a housewife secures the future of your children.
Bajaj e-Touch Term Insurance Plan for Housewife
Bajaj Allianz e-Touch Online Term plan is a non-participating, non-linked pure risk plan that provides life cover along with the benefit of accidental death, critical illness, accidental total premium disability, and waiver of premium, based on the type of variant selected by you.
Features of Bajaj e-Touch Term Insurance Plan for Housewife
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Offers comprehensive protection for you and your family members
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Lower amounts of premium for non-tobacco users or non-smokers
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Flexibility to choose from 4 variants to increase your protection
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Provides an option for the nominee to receive the plan benefits in a lump sum or in monthly installments.
Eligibility Criteria
Parameters |
Minimum |
Maximum |
Entry Age |
18 years |
50 years |
Maturity Age |
23 years |
With ROP: 75 years
Without ROP: 85 years
|
Policy Term |
5 years to 40 years |
Sum Assured |
50 Lakhs |
Payment Frequency |
Single, Regular pay, Limited pay (5,10,15 years) |
Note: You can easily calculate the term plan premium by using the term insurance calculator online tool.
How to Buy Bajaj Allianz e-Touch Plan for Housewives from Policybazaar?
Here is a step-to-step guide to buy a Bajaj Allianz e-Touch Plan for Housewives from Policybazaar:
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Step 1: Visit the Term Insurance Plan for Housewife Form
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Step 2: Fill in all the required details like name, contact number, and date of birth. Then,click on ‘View Plans’.
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Step 3: Answer the basic questions about occupation type, annual income, educational qualification, and smoking habits.
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Step 4: After submitting all this information, a list of all available term insurance plans for housewives will be displayed.
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Step 5: Select the Bajaj Allianz Life Insurance Company using the filter option
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Step 6: Then, proceed to pay if the plan suits your requirements.
Note: Check out the term insurance plan in India and choose one that suits your requirements.