Calling From	Phone Number
Calling us from INDIA	+91 20 6712 1212
Rest of the World	+91 20 6787 1700

Term Insurance with Return of Premium (TROP)

There are different types of term insurance plans. A term insurance with return of premium is one such plan which is different from other plans as it has a maturity benefit. Let’s understand what the plan is about.

Get ₹1 Crore Term Insurance Plan at ₹15*/Day

Enjoy a 16% Discount on 1^st year Premium**

Return Of Premium Option^{^^}

Zero Commission^$

Tax Benefits upto ₹46,800^##

Check Premium Now!

Full Name

Date Of Birth

Are you an NRI?

Yes No

Select Country

Australia
Austria
Belgium
Canada
Czech Republic
Denmark
England
Finland
France
Germany
Greece
Greenland (Denmark)
Holland
Hong Kong
Hungary
Iceland
Ireland
Italy
Japan
Kingdom of Bahrain
Kuwait
Luxembourg
Mauritius
Netherlands
New Zealand
Northern Ireland (UK)
Norway
Oman
Poland
Portugal
Qatar
Romania
Saudi Arabia
Scotland
Singapore
Slovenia
South Korea
Spain
Sweden
Switzerland
United Arab Emirates
United Kingdom
USA
Vatican City
Wales (UK)

Mobile Number

Email Id

Annual Income

I agree and consent to the Terms & Conditions, Privacy Policy

^{**,*,$,^^,##}T&C Apply | BJAZ-WB-EC-11919/24

Occupation

Education

Pincode

Gender

Male Female Others

Tobacco/Nicotine

Yes No

Choose your Life Cover

I agree and consent to the Terms & Conditions, Privacy Policy

^{**,*,$,^^,##}T&C Apply | BJAZ-WB-EC-11919/24

Customer rating

Rated by customers

Discover the most Suitable Term Insurance Plan for you!

Tailored Term Plans Solutions for your long-term Goals.

5 Crore Term Insurance @ ₹ 37/day

2 Crore Term Insurance @ ₹ 18/day

1 Crore Term Insurance @ ₹ 14/day

30 Lakh Term Insurance @ ₹ 13/per

50 Lakh Term Insurance @ ₹ 12/ day

Written ByShruti Gujarathi

AboutShruti Gujarathi

Shruti Gujarathi has 5 years of experience in the BFSI sector, and as Manager – Digital Marketing at Bajaj Life Insurance, manages digital and content marketing. She has had hands-on experience in content strategy, performance marketing and Strategic Alliances over a career spanning 10 years, with deep expertise in insurance domain.

Reviewed ByRituraj Singh

AboutRituraj Singh

Rituraj Singh,With over 6.5 years of experience in the insurance industry, Rituraj Singh, Manager- Product & Brand Marketing at Bajaj Life Insurance overlooks new product launches, compliance, and brand projects, leveraging artificial intelligence and technology to enhance outcomes.

How Does A Term Plan With A (TROP) Work?
Why Choose a Term Plan with Return of Premium Option?
Who Can Buy Term Plan With Return Of Premium (TROP)?
Term Insurance Plans by Bajaj Life Insurance
What Are The Features Of A Term Plan With A Return Of Premium?
Return Of Premium Option With Limited Pay
What Is The Difference Between Term Insurance And Term Insurance With Return Of Premium?
How to choose the best Term Insurance with Return of Premium?
Documents Required To Buy Term Insurance
How Much Term Insurance With Return Of Premium Cover Do I Need?
How To Buy A Term Plan With Return Of Premium Online?
Why Bajaj Life Insurance ?
FAQs

What is a Term Plan with a Return of Premium (TROP)?

A term plan with a return of premium, also called TROP, is a term plan which offers a maturity benefit. It works as a normal term plan with just an addition of maturity benefit. Under TROP, if the life insured passes away during the policy tenure, the death benefit is paid.

On the other hand, if the insured survives the policy tenure and the policy matures, the premiums paid over the policy tenure are refunded, subject to the terms & conditions of the policy, hence the name.

How does a Term Plan with a Return of Premium work?

Under a term plan with a return of premium, you choose the following details –

The sum assured
Policy tenure
Premium payment term
Premium paying frequency
Riders (if any)
Any other optional features that are available and you want to choose

Depending on these factors, your age and other risk parameters, the premium is calculated. You pay the premium over the chosen premium payment term and in the chosen frequency. If the life insured passes away during the policy tenure, the death benefit is paid. On the other hand, if the plan matures and the insured is alive, the premiums paid are refunded.

Why Choose a Term Plan with Return of Premium Option?

Here are some reasons which make the term plan with return of premium a good option –

Life insurance coverage

A term plan with a return of premium offers financial security in the face of a premature demise. It allows you to choose a high sum assured so that your family receives adequate financial support in your absence. The death benefit offered by the plan can help your family in meeting their lifestyle expenses and also their financial goals. This offers peace of mind to you and your family that their financial needs will be taken care of.

Maturity benefit

The maturity benefit paid by the return of the premium plan may make it a win-win combination. While the insurance coverage provides financial security during the tenure, the refund of premiums pays back the money you paid for the coverage on maturity.

Tax benefits

Like other life insurance plans, you get tax benefits too. The premiums paid for the policy qualify as a deduction under Section 80C up to ₹1.5 lakhs under old tax regime, subject to specific terms and conditions³. The death benefit received is completely tax-free⁴. The maturity benefit received also enjoys tax exemption under Section 10(10D) subject to certain terms and conditions⁴.

Peace of mind

Knowing that your family is financially secure in your absence gives you peace of mind. You don’t have to worry about unforeseen eventualities which might cause your family a financial strain.

Fulfilment of financial goals

With the death or maturity benefit received, you or your family can fulfil their relevant financial goals like children’s education, marriage, debt repayment, buying a home or a car or even retirement planning.

What are the features of a Term Plan with a Return of Premium?

Some of the features of the term plan with return of premium are as follows –

The plan covers the risk of premature demise during the policy tenure
The premiums are refunded on maturity
You can choose a coverage level that aligns with your coverage needs
The premiums are affordable. Moreover, many plans offer you the choice of regular, limited or single premium. Different premium payment frequencies are also allowed like annual, half-yearly, quarterly and monthly.
Many plans offer optional riders to enhance the scope of protection.

Term Insurance Plans by Bajaj Life Insurance

Return of Premium Option with Limited Pay

You can opt for a term insurance with return of premium by selecting this add-on feature in your basic term plan and paying a slightly higher premium. This option ensures a maturity benefit if the plan matures. Moreover, if you choose the limited pay option, you pay premiums for a limited period while the coverage lasts longer.

For instance, if you choose a limited pay of 20 years in a policy whose term is 30 years, you pay premiums for 20 years while the coverage continues till 30 years.

What is the difference between Term Insurance and Term Insurance with Return of Premium?

The difference between term insurance and term insurance with return of premium can be assessed from the following table–

Term plan	Term plan with return of premium
Only death benefit is paid under term plans. If the plan matures, no benefit is paid²	If the insured passes away during the policy tenure, the death benefit is paid. On the other hand, if the insured survives the tenure, the total premiums paid are refunded as a maturity benefit².
The premium is low²	The premium might be a little higher compared to pure term plans[1]
If you discontinue premium payments, the plan will not acquire any paid-up value.⁶	If you stop paying premiums, you don’t lose the plan benefits. The plan benefits are reduced if at least 2 years’ full premiums have been paid. You can continue the coverage at the reduced value which is called the paid-up value.
There’s no surrender value under the plan⁶	You can also exit the coverage and get a surrender value if you have paid at least 2 full years’ premium⁶

Add Suggested Interlinking

How to choose the best Term Insurance with Return of Premium?

To choose the best term insurance with a return of premium, here are some points that you can consider –

1. Coverage offered

Check the coverage offered. Usually, most plans offer similar coverage but there might be value-added benefits like inbuilt riders or optional coverage features. Choose a plan which offers a comprehensive scope of protection which you need.

2. Premium amount

Compare the premium amounts across different plans vis-à-vis the coverage offered. Choose a plan offering the most inclusive coverage at the most competitive premium rate.

3. Rider benefits

Look for the optional riders offered and their premium. Choose a plan that offers the riders that you need and that too at affordable premium rates.

4. Available discounts

Insurers might offer premium discounts on term plans with return of premium option to lower the premium outgo. Look for these discounts and choose a plan offering the maximum possible discount for the most savings.

5. Claim Settlement Ratio

Check the Claim Settlement Ratio of the insurance company. A high ratio is recommended since it depicts that the insurer settled most of the claims made by the customers and fosters trust in the company.

Documents Required To Buy Term Insurance

When you buy a term life policy, you are required to submit a set of documents. These include-

Proposal form

photographs

Proof of address

Proof of age

Proof of income

Medical report

Any other document

filled and signed by the proposer

Recent colored photographs

Aadhaar card, voter’s ID card, passport, driving license, recent utility bills, Property Deed, Registered Rent Agreement, etc.

birth certificate, Aadhaar card, Voter’s Identity card, PAN card, Passport, School certificate, Driving License, etc.

salary slip, form 16, financial statements of the business, bank statement, etc.

Medical examination report (if applicable)

Any other document required by the insurance company

How much Term Insurance with Return of Premium cover do I need?

To choose the best term insurance with a return of premium, here are some points that you can consider –

Age

When you are young, you might have limited financial responsibilities. However, the responsibilities increase as you grow older. As such, choosing a higher sum assured is better to take care of future needs.

For instance, if you are 30 years old and will retire at 65, you can work for 35 years. If your annual income is ₹10 lakhs, your family will lose ₹3.5 crore on your premature demise. Thus, you need a coverage of ₹3.5 crores. On the other hand, if you are 40 years old and have 25 more working years, the loss would reduce to ₹2.5 crore (25 years X ₹10 lakhs). Thus, at an older age, the coverage required would be ₹2.5 crore.

Number of dependents

The number of financial dependents also affects the coverage need. If you have many of dependents, you would need a higher coverage to take care of multiple responsibilities that you might have.

Basic lifestyle needs

Your coverage also depends on your lifestyle expenses also determine the coverage amount. If your lifestyle expenses are high, you need a high sum assured to meet them. The same holds true if you have limited expenses.

Inflation rate

Inflation is the rise in the price of goods and services. As inflation rises, so do your financial needs. That is why, your coverage should be optimal to take care of the expenses which might increase due to inflation.

Goals

Your financial goals would also affect your coverage requirement. The more goals that you have the higher the financial corpus that you would need and vice versa.

Existing assets and liabilities

The existing investments and debts that you have determine your coverage needs. If you have existing assets or investments, your coverage requirement would be lower. On the other hand, if you have liabilities, your coverage would be higher so that the liabilities can be met.

How to buy a Term Plan with Return of Premium online?

You can buy a term policy with a return of premium online in some simple steps. These steps are as follows –

Visit Term Insurance with Return of Premium Page available on the website of Insurance company
Enter the required details like name, age, location and contact information
Enter your education details, smoking habits, occupation and annual income as may be required
Enter the coverage amount, policy term and premium payment term basis your choice and suitability
Choose the return of premium option
Choose optional riders, if required
Submit the proposal for underwriting review. If medical tests are required, complete the formalities as advised by the insurer.
Upon acceptance of the proposal, pay the premium

The insurance company would then underwrite the proposal form and issue the policy, if everything is found satisfactory.

Key Takeaways

A term insurance with return of premium (TROP) gives both life cover and a maturity benefit, returning the total premium paid if you survive the policy term.
You can choose premium payment frequency, and even go for a limited pay option.
The premium for a TROP plan is higher than a regular term plan, but the return of premium feature ensures that you get a maturity benefit.
Missing payments in a TROP policy still keeps it active with reduced payouts, depending upon insurers terms and conditions.
Tax savings are available on premiums paid under Section 80C and on the maturity payout under Section 10(10D), in case of old tax regime.
A suitable cover depends on your age, income, dependents, and financial goals.
TROP helps balance financial protection and returns your premiums at maturity , they’re suitable for long-term planners seeking both safety and savings.

Conclusion

A term policy with return of premium may cost a bit more than a basic term insurance, but it’s a smart pick for long-term planners. It protects your family’s financial future and returns your premiums if you outlive the policy, thus offering both security and savings in one balanced package.

99.29%

Claim Settlement Ratio^~

1 Day

Get 1 Day Claim Approval^%

AAA

Stable Rating by CARE^$$

₹1,36,724 Cr

Assets Under Management (AUM)^***

3.51 Cr

Number of Lives Covered^##

359%

Solvency Ratio of 359%^{^^^}

Disclaimer:^~Individual Death Claim Settlement Ratio for FY 2024-2025 | ^%99.29% of non-investigative individual claims approved in one working day for FY 2024-25. 1 day is counted from date of intimation of claim before 3 PM on a working day (excluding Non-NAV days for ULIP) at Bajaj Life Insurance offices. 96% of non - investigative claims notified were processed within one day in FY’25 | ^$$For details refer to press release published by CARE | ^***Asset under management (AUM) ₹1.36 lakh crore as on November, 2025 | ^{^^^}Solvency ratio 359% as at 31st March 2025 against IRDAI mandated 150% | ^##Individual and group, as on 30th November, 2025.

Term Insurance with Return of Premium FAQs

1. What will happen to Term Insurance with Return of Premium after maturity?

If the term insurance plan with the return of premium matures, you will receive a refund of the premium paid during the policy tenure.

2. What are the minimum eligibility criteria for a Term Plan with a Return of Premium?

The minimum eligibility criteria depend on the life insurance company and the plan that you choose to buy. Usually, term plans with a return of premium are issued to individuals aged 18 years and above.

3. Can I add riders with a Term Plan with Return of Premium?

If the term plan with return of premium offers a choice of riders, you can add suitable riders to the coverage and enhance the scope of your policy. However, each rider would come at an additional premium.

4. Is a critical illness rider available with a Term Plan with a Return of Premium?

The availability of critical illness riders depends on the plan that you choose. For instance, Bajaj Life Smart Protection Goal offers the critical illness rider with the term plan with the return of a premium option.

5. Will I receive the premium back at maturity under TROP?

If you buy a pure protection term plan which has no maturity benefit, you will get nothing on maturity. However, if you choose the return of premium term plan, the premium that you had paid would be refunded on maturity.

6. What is the death benefit under the return of premium term insurance plan?

The death benefit is usually the chosen sum assured which is payable if the insured passes away during the policy tenure.

7. What is the premium payment frequency under a TROP?

The premium payment frequency depends on the plan that you choose. Usually, TROPs allow four premium payment frequency options – annual, half-yearly, quarterly and monthly.

8. Will a return of premium term insurance be more expensive?

Compared to a pure term insurance plan, a return of premium term insurance policy would be more expensive. This is because pure-term plans do not offer any maturity benefit but the return of a premium term plan refunds the premiums paid on maturity.

9. Will smoking affect the term insurance with the return of premium?

Yes, smoking affects the premium of term insurance with the return of the premium. It increases the premium paid for the policy because smoking increases your mortality risk.

10. Should I buy a regular term insurance plan or a term plan with a return of premium?

The choice depends on your needs. If you want term insurance coverage with the option of a refund of premiums on maturity, you can choose the return of premium term plan. On the other hand, if you are looking for only protection at a cost-effective rate, you can buy a regular term insurance plan.

Read All

Term Insurance Guide

Articles
Calculators
Videos

What is a Term Plan with a Return of Premium (TROP)

What is Term Insurance?

Term insurance is a pure form of life insurance plan which provides financial protection to the life assured’s nominee

How to Choose Term Insurance?

When you shop around for term insurance, you will find different options available. Some plans offer inbuilt riders while others offer a return of premiums on maturity.

Term Insurance Tax Benefits: Deductions under 80C

A term insurance policy is a protection-oriented life insurance policy that can help in creating a secured financial corpus for the family in the case of life insured’s untimely demise

Types of Term Insurance Premium Payment Options

A term plan is a beneficial product that allows you to financially secure your family’s future. In addition to protecting your family, it also gives you some much needed peace of mind.

Underinsurance Calculator

With the Underinsurance Calculator, check if your Life Cover is atleast 10x of your Annual Income.

Fixed Deposit Calculator

Answer a few easy questions to calculate your Fixed Deposit Returns.

NPS Calculator

Calculate your NPS returns effortlessly with our simple to use NPS Calculator.

SIP Calculator

Plan your investments effortlessly and achieve your financial goals with our easy-to-use SIP Calculator.

Retirement Preparedness Score Calculator

Answer a few simple questions to know how prepared you are for your retirement.

Child Education Planning Tool

A simple to use and comprehensive tool to plan for your child's education.

Term Insurance Calculator

An easy to use Term Insurance calculator to determine the right life cover amount as per your needs.

Savings to Life Goals Convertor

Use this calculator to know how savings from regular expenses can help you achieve your Life Goals.

Financial Fitness Calculator

Get to know your Financial Fitness Score by answering few simple questions.

Immunity Score Calculator

Use our immunity calculator to find out your immunity score in just a few clicks!

ULIP Calculator

Know the amount to invest today to have the corpus to accomplish your Life Goals tomorrow.

Power of Compounding Calculator

Get an estimate of how much your investment will grow over a period of time.

Income Tax Calculator

Know your income tax based on the taxable income and explore Life Insurance plans to save more tax.

Child Plan Calculator

A simple to use calculator that helps you plan for fulfilling your Child's Life Goals.

Retirement Calculator

Calculate the amount you need to invest today to accomplish your retirement life goals.

Investment Calculator

Answer a few simple questions to know estimated corpus you will have to fulfil your Life Goals.

Body Mass Index (BMI) Calculator

Body Mass Index (BMI) is a measure to understand whether your body weight is healthy as per your height.

Life Insurance Made Easy | Accidental Death & Disability Rider

Understanding Riders: How It Impacts Your Coverage

Life Insurance Made Easy | Annualized Premium

Cracking the Code: Understanding Annualized Premium in Insurance

Life Insurance Made Easy | Claim settlement ratio

The claim settlement ratio is the percentage of life insurance claims a company has paid out compared to the total claims received.

Life Insurance Made Easy | Return of Premium

Understanding #lifeinsurance terms may be challenging. As part of Bajaj Life Insurance’s #LifeInsuranceMadeEasy series we are simplifying industry terminology

Life Insurance Made Easy | Auto pay

Watch this video from the #LifeInsuranceMadeEasy series, a customer education initiative by Bajaj Life Insurance to know how Autopay simplifies the premium

Life Insurance Made Easy | Compound Revisionary Bonus

#Lifeinsurance terms got you mixed-up? As part of #LifeInsuranceMadeEasy series, Bajaj Life Insurance’s is helping to simplify industry terminologies

View All

Customer Speaks

Happy with the services

I have invested in various products of Bajaj Life Insurance - I am happy with the services, returns and diversified product portfolio.

Rashmi Bhavnani

Satisfied, Trust

I am a happy customer who is satisfied with the after sales service. I have full trust in Bajaj Life Insurance Company.

Shrikant A Karande

Happy with the returns

I was introduced by my advisor to invest in Bajaj Life Insurance .I have invested in the same and am happy with the returns and services.

Kavita Goplani

Very Happy

I am a 7 year old customer of Bajaj Life Insurance and very happy about the services.

Dhruv Soni

Reviewed by Life Insurance Experts

Bajaj Life Insurance is a trusted insurance partner

At Bajaj Life Insurance, we are here to support you in building a secure and worry-free financial future. With over 24 years of experience, we provide a variety of life insurance plans, including protection, retirement, savings, investment and health, to meet your unique needs.

Term Plan Prices Increasing Soon!*

16% Discount on first year premium^#

0% GST on Term Plans^{^}

Full Name

Date of Birth

Are you an NRI?

Yes No

Select Country

Australia
Austria
Belgium
Canada
Czech Republic
Denmark
England
Finland
France
Germany
Greece
Greenland (Denmark)
Holland
Hong Kong
Hungary
Iceland
Ireland
Italy
Japan
Kingdom of Bahrain
Kuwait
Luxembourg
Mauritius
Netherlands
New Zealand
Northern Ireland (UK)
Norway
Oman
Poland
Portugal
Qatar
Romania
Saudi Arabia
Scotland
Singapore
Slovenia
South Korea
Spain
Sweden
Switzerland
United Arab Emirates
United Kingdom
USA
Vatican City
Wales (UK)

Mobile Number

Email Id

Annual Income

I agree and consent to the Terms & Conditions, Privacy Policy

^{*,#,^}T&C Apply

Gender

Male Female Others

Tobacco/Nicotine

Yes No

Occupation

Education

Pincode

Choose your Life Cover

I agree and consent to the Terms & Conditions, Privacy Policy

^{*,#,^}T&C Apply

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS

IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

CIN: U66010PN2001PLC015959 | Registered Office Address: Bajaj Insurance House, Airport Road, Yerawada, Pune - 411006, Maharashtra

Email: customercare@bajajlife.com | Customer Care No.: 020 6712 1212

Disclaimer: Images used on this website and the models photographed in them are for representative purposes only and are not indicative of anyone's personal thoughts or ideas.

The Logo of Bajaj Life Insurance Limited is provided on the basis of license given by Bajaj Finserv Ltd. to use its “Bajaj” Logo.

Website Compatible Browsers: IE11, Firefox, Safari, Opera, Chrome

Disclaimer

For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. The terms and conditions of product/plan as contained in the Policy Document issued by the Company is available on the Web Site. The names of the Company, Products/Plans/funds do not indicate the quality and its future prospects or returns. IN ULIPs, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. Unlike traditional products, Unit linked insurance products are subject to market risk, which affect the Net Asset Values & the customer shall be responsible for his/her decision. Tax benefits are as per the prevailing Income Tax Laws including the Income Tax Act, 1961 and are subject to change from time to time. Goods and Services Tax will have to be borne by the Policyholder as per applicable rates. All other charges shall be levied in accordance with the terms and conditions of the policy.

This calculation and results displayed are based on information provided and certain assumptions about the rates of return. It is for assistance only and does not constitute an offer or solicitation. It is not intended to be and must not alone be taken as the basis for an investment decision. Kindly note that the returns are only illustrative and they are not guaranteed. The returns do not indicate the upper or lower limits of the return that you may get with your policy and the value is dependent on a number of factors including future performance. Bajaj Life Insurance Limited shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information reported by the calculator.

¹©2021 Morningstar. All Rights Reserved. The Morningstar name and logo are registered marks of Morningstar, Inc. The information, data, analyses and opinions ("Information") contained herein: (1) include the proprietary information of Morningstar and its content providers; (2) may not be copied or redistributed except as specifically authorized; (3) do not constitute investment advice; (4) are provided solely for informational purposes; (5) are not warranted to be complete, accurate or timely; and (6) may be drawn from fund data published on various dates and procured from various sources. Morningstar, its affiliates, and its officers, directors and employees shall not be liable for any trading decision, damage or any other loss arising from using the Information. Please verify all of the Information before using it and do not make any investment decision, except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up

Disclaimer

Claim Settlement Ratio of 99.29%^~

Term Insurance Plans

Insurance Coverage Plans

Affordable Term Plans

Policy Term Plans

Insurance for All

Insurance Made Easy

ULIP Plans

Savings Plan

Endowment Plans

Child Insurance Plan

Retirement Plans

NRI Plans

Term Insurance Plans

ULIP Plans

Savings Plan

Retirement Plans

Endowment Plans

Life Insurance Calculators

Rider Plans

Group Plans

Know About SISO

Fund Performance

ULIP Plans

Tools & Calculators

Fund performance

Life Insurance Guide

Tools & Calculators

Term Insurance with Return of Premium (TROP)

Get ₹1 Crore Term Insurance Plan at ₹15*/Day

Enjoy a 16% Discount on 1st year Premium**

What is a Term Plan with a Return of Premium (TROP)?

How does a Term Plan with a Return of Premium work?

Why Choose a Term Plan with Return of Premium Option?

Life insurance coverage

Maturity benefit

Tax benefits

Peace of mind

Fulfilment of financial goals

What are the features of a Term Plan with a Return of Premium?

Term Insurance Plans by Bajaj Life Insurance

Return of Premium Option with Limited Pay

What is the difference between Term Insurance and Term Insurance with Return of Premium?

How to choose the best Term Insurance with Return of Premium?

1. Coverage offered

2. Premium amount

3. Rider benefits

4. Available discounts

5. Claim Settlement Ratio

Proposal form

photographs

Proof of address

Proof of age

Proof of income

Medical report

Any other document

How much Term Insurance with Return of Premium cover do I need?

Age

Number of dependents

Basic lifestyle needs

Inflation rate

Goals

Existing assets and liabilities

How to buy a Term Plan with Return of Premium online?

Key Takeaways

Conclusion

Why Bajaj Life Insurance ?

Claim Settlement Ratio~

Get 1 Day Claim Approval%

Stable Rating by CARE$$

Assets Under Management (AUM)***

Number of Lives Covered##

Solvency Ratio of 359%^^^

Term Insurance with Return of Premium FAQs

1. What will happen to Term Insurance with Return of Premium after maturity?

2. What are the minimum eligibility criteria for a Term Plan with a Return of Premium?

3. Can I add riders with a Term Plan with Return of Premium?

4. Is a critical illness rider available with a Term Plan with a Return of Premium?

5. Will I receive the premium back at maturity under TROP?

6. What is the death benefit under the return of premium term insurance plan?

7. What is the premium payment frequency under a TROP?

Enjoy a 16% Discount on 1^st year Premium**

Claim Settlement Ratio^~

Get 1 Day Claim Approval^%

Stable Rating by CARE^$$

Assets Under Management (AUM)^***

Number of Lives Covered^##

Solvency Ratio of 359%^{^^^}