eTouch II review
The lowest premium of the five and a 3.52x solvency ratio — the strongest balance sheet in the market.
Bajaj Life eTouch II scores 4.2/5 in our assessment. Bajaj Life settles 99.32% of claims and draws 2.77 complaints per 10,000 claims. Cover runs ₹25 L – ₹10 Cr. Illustrative premiums start at ₹14,482 a year.
View policy document on Bajaj Life's website ↗
- Our score
- 4.2 / 5
- Claim settlement ratio
- 99.32%
- Complaints per 10,000 claims
- 2.77
- Cover available
- ₹25 L – ₹10 CrTBD
- Entry age
- 18–65 yrs
- Term
- To age 85 / whole lifeTBD
What eTouch II covers
- Death from any cause during the policy term
- Terminal illness — early benefit of up to ₹2 crore
- Accidental death with enhanced cover (rider)
- Premiums waived on accidental disability
Key features
- Three variants — Life Shield, Life Shield Plus and Life Shield ROP
- Terminal illness payout of up to ₹2 crore released early on diagnosis
- Waiver of premium on accidental disability or terminal illness
- Premium Holiday add-on lets you skip payments without losing cover
- Early exit value available at defined ages and tenures
- Health management services — teleconsults, annual checks, pharmacy discounts
Riders and add-ons
- Accidental Death
- Waiver of Premium
- Premium Holiday
- Income Payout
What eTouch II does not cover
- Suicide within 12 months of policy start or revival
- Death traced to an undisclosed medical condition
- Fraudulent claims or material misrepresentation
- War, military action or nuclear events
What does eTouch II cost?
₹2 crore cover to age 65 · healthy non-smoker, salaried, Delhi (110010) · annual premium incl. GST
| Profile | Annual premium |
|---|---|
| 25, Male | ₹15,474 |
| 25, Female | ₹14,482 |
| 30, Male | ₹20,132 |
| 30, Female | ₹16,234 |
| 35, Male | ₹25,311 |
| 35, Female | ₹21,675 |
What we like
- The cheapest of the five at almost every age and gender
- Solvency of 3.52x is more than double the regulatory minimum
- 2.77 complaints per 10,000 claims — better than ICICI and Axis Max
- Onboarding is unusually smooth for NRI applicants and for smokers
- Stays competitive even once you add the useful riders
What we don't
- The thinnest built-in feature set of the five
- No life stage boost — you cannot raise cover without fresh underwriting
- Smaller on-ground presence outside metros
- Lower brand recall, which matters if your family will handle the claim
Our verdict
If budget is the binding constraint, start here. You get the strongest solvency in the industry, a settlement ratio inside the top five, and a premium that undercuts HDFC Life by roughly 20%. What you give up is feature depth — there is no life stage boost, and the rider menu is short. For a 25-year-old buying a first cover, that trade is usually worth making.
Every score resolves to how we score plans — plan features 45%, insurer strength 45%, premium 10%.
Frequently asked questions
Is Bajaj Life eTouch II a good plan?
We score it 4.2 out of 5. If budget is the binding constraint, start here. You get the strongest solvency in the industry, a settlement ratio inside the top five, and a premium that undercuts HDFC Life by roughly 20%. What you give up is feature depth — there is no life stage boost, and the rider menu is short. For a 25-year-old buying a first cover, that trade is usually worth making.
What is the claim settlement ratio of Bajaj Life?
99.32%, as a three-year average for FY 2024–26 from IRDAI disclosures. Bajaj Life receives 2.77 complaints per 10,000 claims.
How much cover can I take under eTouch II?
₹25 L – ₹10 Cr. Entry age is 18–65 yrs.
What does eTouch II not cover?
The main exclusions are: Suicide within 12 months of policy start or revival; Death traced to an undisclosed medical condition; Fraudulent claims or material misrepresentation; War, military action or nuclear events.
Sources
Last verified
TBD marks a figure we have not yet confirmed against the insurer's own policy document. We publish it because it is our current best understanding, and we flag it because it is not yet sourced.
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Disclaimer: Figures shown here are compiled from IRDAI annual reports and public grievance disclosures, and from insurer public disclosures and policy wordings. Claim settlement ratios and complaint volumes are three-year averages for FY 2024–26. Premiums are indicative illustrations for the stated profile, not quotes — your actual premium depends on your age, health, city, habits and underwriting. Scores are Myinsurancebro's own assessment. Always read the official policy document and speak to an advisor before buying. Myinsurancebro is an IRDAI-licensed insurance advisor — we do not manufacture or underwrite any insurance product.