Published on Tuesday, January 20, 2026 by Jasmeen Chopra
Living with a health condition like diabetes brings its own set of daily considerations. Managing this condition often involves careful planning, from diet to exercise. When it comes to long-term financial planning, securing a life insurance policy can sometimes be another hurdle. Many individuals with diabetes find it difficult to get the life cover they need to protect their families financially.
Recognizing this gap, Bajaj Life Insurance has introduced the Bajaj Life Diabetic Term Plan II Sub 8 HbA1c. This is a pure risk premium life insurance plan specifically designed for individuals with pre-diabetes and Type 2 diabetes. It offers them a way to secure their family's financial future, ensuring their loved ones have the resources to maintain their lifestyle.
A term insurance plan is a fundamental part of financial planning. It provides your family with a financial safety net in your absence, covering income loss and helping them manage expenses. For individuals with diabetes, obtaining a standard term plan can be challenging due to health-related factors.
A specialized diabetic term plan addresses this issue directly. It is designed by factoring in the specific health conditions of individuals with diabetes, making life insurance more accessible. This allows them to fulfil their responsibility to protect their family's financial well-being without compromise.
The Bajaj Life Diabetic Term Plan is structured to provide financial security while accommodating the health needs of the policyholder. Here are five reasons why this plan is a suitable choice.
The primary function of any term plan is to provide a death benefit to the nominee if the life assured passes away during the policy term. The Bajaj Life Diabetic Term Plan offers this core benefit, ensuring your family is financially protected.
Death Benefit: In the event of the life assured's death during the policy term, the nominee receives the Sum Assured on Death. The policy terminates after the benefit is paid.
Sum Assured on Death: This is defined as the highest of:
Minimum Sum Assured: The plan offers a minimum sum assured of ₹25,00,000, allowing for a substantial financial cushion for your family.
The plan allows for simple adjustments to fit your financial situation and protection needs. This makes it easier to manage your policy over the long term.
Choose Your Sum Assured: You can decide the level of protection your family needs, starting from a minimum of ₹25,00,000 with no maximum limit, subject to underwriting policies.
Select Your Policy Term: You can select a policy term ranging from a minimum of 5 years to a maximum of 25 years. This allows you to align the coverage period with your financial responsibilities, such as a home loan or your children's education.
Premium Payment Frequency: The plan offers the flexibility to pay premiums annually, half-yearly, quarterly, or monthly, depending on your convenience. Auto-debit is required for frequencies other than yearly.
The main goal of term insurance is to ensure your family can continue their lives without financial strain. This plan helps you secure their future, covering everything from daily expenses to major life goals. It provides peace of mind, knowing that your loved ones are financially protected.
Applying for the Bajaj Life Diabetic Term Plan is a straightforward process. It is designed to be user-friendly, allowing you to get coverage without unnecessary complications.
The steps are simple:
Your premium is calculated based on factors like your age, gender, health status, and the policy details you choose.
Bajaj Life Insurance is a name associated with trust and reliability in the insurance sector. The company has a strong track record of serving its customers and maintaining high standards.
Claim Settlement Ratio: Bajaj Life Insurance has an individual death claim settlement ratio of 99.29% for FY 2024–2025.
Solvency Ratio: The company maintains a solvency ratio of 343% (as of June 30, 2025), which is well above the IRDAI-mandated 150%.
The Bajaj Life Diabetic Term Plan is a thoughtfully designed insurance product for individuals living with Type 2 diabetes and pre-diabetes. It makes a term insurance plan accessible and provides a reliable way to secure your family's financial future. With its flexible options and the backing of a trusted brand, it offers peace of mind through comprehensive protection.
Jasmeen Chopra is a content specialist with expertise in financial topics, delivering detailed and insightful articles for readers.
