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Term Insurance Protection Plan
Protector Plan by Bajaj Allianz is a mortgage term insurance plan that covers the outstanding principal amount of a loan. It is an economical way to protect the family from the burden of repayment of the loan in case of death of the loanee.
The term insurance protector plan is designed to pay a sum insured that will be equal to the outstanding principal amount of the loan due. The Bajaj Allianz mortgage term insurance protector plan offers you the convenience of choosing between two premium payment options Regular Premium Payment and Single Premium Payment. You have the option to cover the co-applicant of the loan under this plan. Under this option, both lives will be covered and the death benefit will be payable in case of death of either life. The policy terminates on death of either life.
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Term Insurance Protection Plan
  • It is an economical way to protect the family from the burden of repayment of the loan in case of death of the loanee.
  • The term insurance plan offers you the convenience of choosing between two premium payment options - Regular Premium Payment & Single Premium Payment.
  • Joint Life availability - the option to cover the co-applicant of the loan under this plan.
 
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Bajaj Allianz Life Insurance Co. Ltd. All Rights Reserved. | IRDA Reg. No. 116 | An ISO 27001:2005 Certified Company | Tollfree: 1800-233-7272
Bajaj Allianz General Insurance Co. Ltd. All Rights Reserved. | IRDA Reg. No. 113 | An ISO 27001:2005 Certified Company | Tollfree: 1800-209-5858		  
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