iSecure II in one table
| Insurer | Bajaj Life Insurance Limited |
|---|---|
| Sum insured | ₹25 lakh upwards on the Life and ROP variants, with no stated upper limit. The Easy variant runs from ₹10 lakh to ₹30 lakh. |
| Entry age | 18 to 65 years (last birthday) |
| Cover runs to | 28 to 85 years (last birthday) |
Claim settlement and complaint figures are IRDAI-published and held centrally by NYVO, not taken from the insurer's marketing.
What iSecure II does, and what it does not
Term insurance is a narrow product, so the useful question is not how this plan scores against a benchmark – it is what it pays for and what it leaves out. Both lists come from Bajaj Life's own documents.
Which variant should you take?
This plan is sold in more than one form, and the choice is made once at purchase. Picking the wrong one is not something you can quietly correct later, so it is worth a minute now.
Plain cover from ₹25 lakh with no upper limit, running to age 85. The only variant with the Early Exit Value, which returns 100% of the premiums you have paid if you exit during the five years after your 60th birthday. Nothing is paid if you simply outlive the term.
The same cover with every premium returned if you outlive the term, and the only variant that allows a policy loan. The policy term is capped at 50 years. You pay a materially higher premium for the refund, and you pre-fund it yourself over the term.
A smaller-cover version, ₹10 lakh to ₹30 lakh, with a lump-sum payout only. It has no Early Exit Value, no premium deferral, no income option and no maturity benefit, and the term is capped at 30 years. Worth taking only if you cannot get the cover you need through the Life variant.
iSecure II add-ons you can buy with it
Each of these costs extra and each has its own conditions. Some are genuinely worth it; several exist to patch a gap in the base plan. Ask what each one adds before it goes on your quote.
iSecure II exclusions: what the plan will not pay for
Every policy carries exclusions, and they are the clauses people read for the first time at claim stage. These are the ones worth knowing before you buy.
Where iSecure II falls short
No plan is right for everyone, and a page that only lists strengths is not much use to you. These are the gaps we would raise on a call before recommending it.
iSecure II questions, answered
How much cover does iSecure II offer?
₹25 lakh upwards on the Life and ROP variants, with no stated upper limit. The Easy variant runs from ₹10 lakh to ₹30 lakh.
Who can buy iSecure II?
Entry to iSecure II runs from 18 to 65 years. Cover can run to age 85, which is the maximum maturity age on this plan. What you are actually offered still depends on your income, health and any cover you already hold.
What riders can I add to iSecure II?
iSecure II offers Accidental Death Benefit Rider, Accidental Permanent Total/Partial Disability Benefit Rider, Family Protect Rider, New Critical Illness Benefit Rider. Each rider is priced separately and has its own terms, so read the rider wording rather than assuming it follows the base plan.
What does iSecure II not cover?
Like every term plan, iSecure II excludes suicide within 12 months of the policy starting or of its latest revival – the nominee receives the higher of 80% of the premiums paid or the surrender value as at the date of death, provided the policy is in force. Other exclusions are listed on this page, and the policy wording you are issued is the contract.
Read it from the insurer
We summarise. The policy wording is the contract, and it is the only document that settles a dispute. These links go to the insurer's own pages.
Understand the terms before you commit
A plan page tells you what this policy does. These explain why each term matters and what it costs you when it is missing.
Other Bajaj Life plans we have read
Bajaj Life files these separately, and the terms differ between them. If you are choosing within the range, compare the waiting periods and the exclusions rather than the sum insured.