At a Glance

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 Allianz 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.

Key Features

  • 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

Variants

Life Shield

  1. Death Benefit (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.

  1. Terminal Illness Benefit (Benefit payable in case the Life Assured is diagnosed with Terminal Illness during the policy term)
  2. 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,

  1. b) If the Sum Assured chosen is greater than 2 crores (i.e. maximum TI Sum Assured), we will pay Rs.2 crores and the policy will continue with the balance Sum Assured, i.e. (Sum Assured on Death5 less than Rs.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.

  1. WOP Benefit on ATPD/TI

We will waive off any future premiums under the policy

  1. 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,

  1. b) If the Life Assured is diagnosed with Terminal Illness (TI) & chosen Sum Assured is greater than Rs.2 crores, the policy will continue for remaining Death Benefit.

Maturity Benefit - Not applicable

Life Shield Plus

  1. Death Benefit (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.

  1. 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.

  1. Terminal Illness Benefit (Benefit payable in case the Life Assured is diagnosed with Terminal Illness during the policy term)
  2. 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,

  1. b) If the Sum Assured chosen is greater than 2 crores (i.e. maximum TI Sum Assured), We will pay Rs. 2 crores and the policy will continue with the balance Sum Assured on Death5, i.e. (Sum Assured less Rs. 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.

  1. WOP Benefit on ATPD/TI

We will waive off any future premiums under the policy in case

  1. 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,

  1. b) If the Life Assured is diagnosed with Terminal Illness (TI) & chosen Sum Assured is greater than Rs 2 crores the policy will continue for remaining Death Benefit and Accidental Death Benefit.

Maturity Benefit – Not applicable

Life Shield ROP

Death Benefit (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.

  1. Terminal Illness Benefit (Benefit payable in case the Life Assured is diagnosed with Terminal Illness during the policy term)
  2. 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,

  1. 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 Rs. 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.

  1. WOP Benefit on ATPD/TI

We will waive off any future premiums under the policy in case

  1. 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,

  1. b) If the Life Assured is diagnosed with Terminal Illness (TI) & chosen Sum Assured is greater than Rs.2 crores, the policy will continue for remaining Death Benefit.
  1. Maturity Benefit

If the Life Assured survives till the end of Policy Term, Maturity Benefit will be payable

  1. 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
  2. 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.

Disclaimer

Bajaj Allianz Life Insurance Company Limited.   

Risk Factors and Warning Statements: Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz 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.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: [email protected]. Bajaj Allianz Life eTouch II (UIN: 116N198V04) is A Non-linked Non- Participating Individual Life Insurance Term Plan. 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.

4Total Premiums Paid means total of all the premiums paid under the base product, excluding any extra premium and taxes, if collected explicitly. Please note that GST and cess, if any, will be collected over and above the premium under the policy.

5Sum Assured on Death: is defined as higher of

      a)10 times Annualized Premium6

  1. b) Sum Assured plus, total Life-Stage sum assured.

At no time the Sum Assured on Death will be less than Guaranteed Death Benefit of 105% of the Total Premiums paid4 up to the date of death.

6Annualized Premium means the premium amount payable in a year excluding taxes, rider premiums, underwriting extra premiums and loadings for modal premiums

7Sum Assured on TI is the lower of (a) Sum Assured on Death, (b) Maximum TI Sum Assured

# Tax benefits as per prevailing Section 10(10D) and Section 80C (under old tax regime) of the Income Tax Act shall apply. You are requested to consult your tax consultant and obtain independent advice for eligibility before claiming any benefit under the policy

DBS Bank India Limited (IRDA of India Registration Number: CA 0257) having the registered office at GF: Nos. 11 & 12, Capitol Point BKS Marg, Connaught Place, Delhi - 110001 is the Corporate Agent of Bajaj Allianz Life Insurance Company Limited. DBS Bank India Limited (Bank) does not underwrite the risk or act as an insurer. The Insurance product is underwritten by Bajaj Allianz Life Insurance Company Limited. The contract of insurance is between the insurer and the insured and not between the Bank and the insured. Bank does not give any warranty, as to the accuracy and completeness of the policies. Bank does not accept any liability or losses attributable to your contract of Insurance. Participation by the Bank’s customers in the insurance products is purely on a voluntary basis, and is not linked to availment of any other facility from the bank.

BJAZ-WC-ECNF-15306/25

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.