Overview of Diabetic Term Plan II Sub 8 HbA1c
Bajaj Life Diabetic Term Plan II (Sub 8 HbA1c) is a non-linked, non-participating pure protection plan tailored for individuals with Type 2 diabetes (with an HbA1c level of <= 8) or pre-diabetes. With entry ages ranging from 30 to 60 years and a Minimum SA of 25L, this plan provides life cover at affordable premiums and includes complimentary health management services. It offers policy terms ranging from 5 to 25 years, regular premium payment terms, and multiple premium payment frequencies (Yearly, Half-yearly, Quarterly, and Monthly). This unique plan provides both financial and health protection, enabling diabetic individuals to secure their families and manage their well-being proactively. Bajaj's website explicitly mentions that the minimum annual income needed to qualify for this plan is ₹10 LPA.
Experts' Review of Diabetic Term Plan II Sub 8 HbA1c
Written by Monish Vora
Chief Editor
Bajaj Life Diabetic Term Plan II (Sub 8 HbA1c) is a niche term plan designed for individuals with Type 2 diabetes or pre-diabetes whose HbA1c levels are 8 or lower, a group that often faces stricter underwriting or higher premiums in traditional term insurance.
The plan focuses on accessibility rather than feature depth. It offers standard life cover with flexible premium payment frequencies and also bundles health management services such as medical consultations, second opinions, and wellness support to help policyholders actively manage their condition alongside financial protection.
However, the product remains fairly simple compared to mainstream term plans. It does not include advanced customisation options like income payouts, cover increases, or multiple variants.
Pros
Bajaj Life has a solid track record with a good CSR, minimal complaints, and high solvency ratio.
Includes certain health management services
Cons
The plan is not very feature rich. Lacks a wide range of features.
Premiums are relatively high compared to other term plans.
The plan misses key features like terminal illness, cover increase, premium waiver, and disability or accidental benefits.
Bajaj Life
Key Insights
Founded
2001
Bajaj Life was established 25 years ago and has built strong credibility over time, backed by its long-standing presence in the market.
Claims Experience
99.32% CSR, calculated as a 3-year average
Bajaj Life settles 99.32% of all claims it receives demonstrating strong credibility.
Complaints
2.8 complaints per 10,000 claims registered
Bajaj Life maintains a low volume of complaints, reflecting strong customer satisfaction and effective service.
Amount Settled
93.42% of total claim amount settled
Bajaj Life shows a reasonable claim payout record, with around 93.42% of the total claim amount settled, indicating moderate settlement efficiency.
The aforementioned ratios have been averaged over three years (FY24-FY26)
Features of Diabetic Term Plan II Sub 8 HbA1c
Exclusions in Diabetic Term Plan II Sub 8 HbA1c
Conditions or treatments that the policy clearly says it will not cover.
Death by suicide within the first policy year is not covered.
Deaths arising from participation in criminal or unlawful activities are excluded.
If the nominee is found responsible for the insured’s death, the claim will not be payable.
If a death claim is proven to be fraudulent, the insurer will not pay out the benefit.
Disclaimer: For illustration purposes only - exact terms are in the policy wording.
What's missing in Diabetic Term Plan II Sub 8 HbA1c
No Accidental Death Benefit
No Zero Cost Option
No Terminal Illness Benefit
No Top-Up Option
No Waiver of Premium
No option to increase your cover with inflation
No option to decrease your cover over time
No payout on disability
You can't recover your premiums after policy matures
No Critical Illness Benefit
No Special Exit Value
No Cover Continuance Benefit
No option to increase cover at life milestones
No Insta Payout Benefit
Reviews for Diabetic Term Plan II Sub 8 HbA1c
R
Rohit Ghosh
Picked Diabetic rider options are solid for CI and disability and rider options are solid for CI and disability Worth it For me No stress
S
Sana Biswas
Picked this plan terminal illness cover adds real peace of mind and terminal illness cover adds real peace of mind Feels reliable In short good
S
Shaurya B. Sharma
Went with Diabetic terminal illness cover adds real peace of mind and terminal illness cover adds real peace of mind Feels reliable ok felt
A
Ameya Z. Biswas
Opted for this plan terminal illness cover se family ko peace mila but rider options aur wide hote toh better Overall okay In short In short
I
Ishaan Sharma
Chose this plan riders ka combo acha hai CI disability bhi and riders ka combo acha hai CI disability bhi Feels reliable Works well good enough
Frequently Asked Questions
What is the Bajaj Life Diabetic Term Plan II Sub 8 HbA1c?
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