India has over 100 million people living with diabetes [1] — yet most struggle to find term insurance that covers them fairly. Standard term insurance plans often reject diabetic applicants outright or impose premium loadings which may range from 25–100% [2] that make coverage unaffordable.

Bajaj Life Insurance is the only company in India to launch a diabetic term plan exclusively for people with diabetes.

The Bajaj Life Diabetic Term Plan II Sub 8 HbA1c is a dedicated protection plan for:

1. Type 2 diabetics with an HbA1c level of 8% or below

2. Pre-diabetics with an HbA1c between 5.7% and 6.4%

The plan provides a lump-sum death benefit to your family if the life assured passes away during the policy term. This ensures your loved ones can manage expenses, repay loans, and maintain their standard of living, even in your absence.

Beyond life cover, policyholders also receive access to a Diabetes Care Management Programme — including health webinars and medical consultations.

India's Only Term Plan for Diabetics

Can diabetics buy a term insurance plan in India?

Can diabetics buy a term insurance plan in India?

India - Diabetic capital of the world

What is a good HbA1c level for term insurance for diabetics?

Many insurers prefer HbA1c levels below 7% or 8%. Better sugar control can improve your chances of approval and may reduce the premium loading.

Which type of diabetes is accepted by term insurance providers—Type 1 or Type 2?

Which type of diabetes is accepted by term insurance providers—Type 1 or Type 2?

What factors affect term insurance eligibility for diabetic patients?

• Entry Age

• Type of Diabetes - Type 1 or Type 2

• Hba1c levels

• Co - Morbities

Diabetes Care Management

The Bajaj Life diabetic term plan includes a complimentary Diabetes Care Management Programme — at no additional cost to the policyholder. This makes it the only term insurance for diabetics in India that actively helps policyholders manage their condition through health webinars, medical consultations, etc. This benefit goes well beyond a regular death benefit, making the diabetic term plan a complete health and protection solution.

India's only dedicated diabetic term plan

The Bajaj Life Diabetic Term Plan II Sub 8 HbA1c is the only diabetic term plan in India designed exclusively for individuals living with Type 2 diabetes (HbA1c ≤ 8%) and pre-diabetics. The underwriting and premiums are aligned with the individual’s health profile, making this term insurance for diabetics a more inclusive and accessible option. No other Indian life insurer offers a purpose-built diabetic term plan with this level of specificity.

Life cover starting from ₹25 Lakh

This term insurance for diabetics offers a sum assured starting from ₹25 Lakh to 3 Cr, subject to Bajaj Life's underwriting policy. Diabetics can now secure the same level of life cover as any healthy individual — ensuring their family receives a tax-free lump sum death benefit that covers outstanding loans, children's education, and day-to-day living costs in case of their unfortunate demise.

What is a good HbA1c level for term insurance for diabetics?

Many insurers prefer HbA1c levels below 7% or 8%. Better sugar control can improve your chances of approval and may reduce the premium loading.

99.33% Claim Settlement Ratio

When choosing term insurance for diabetics, claim reliability is critical. Bajaj Life Insurance has a Claim Settlement Ratio of 99.33% for FY 2024–25~, with non-investigative claims approved within 1 working day.% With a solvency ratio of 343%^^^ against the IRDAI minimum of 150% and ₹1.37 lakh crore in Assets Under Management***, Bajaj Life is one of the most financially secure insurers backing a diabetic term plan in India.

Tax Benefits

Buying a diabetic term plan from Bajaj Life comes with the same tax perks you'd get with any standard term policy. Your annual premiums up to ₹1.5 Lakh are eligible for tax deduction under Section 123 of the new Income Tax Act 2025(earlier referenced as Section 80C of the Income Tax Act 1961) if one opts for the old regime. Additionally, the death benefit your family receives is completely tax-free under Section 11 (read with Schedule II, Sr no 2). 10(10D). Being diabetic doesn't change any of this — there are no additional tax burdens or exclusions tied to your medical condition.

Login Process

Eligibility

Death Benefit (Benefit payable on death of the Life Assured during the Policy Term)

On the death of the life assured during the Policy Term, provided the policy is in force, your nominee/legal heir will receive the Sum Assured on Death (as chosen by you at inception). The policy will terminate on the death of the life assured.

Bajaj Life Diabetic Term Plan offers a sum assured on death, defined as the higher of:

a) 10 times Annualised Premium

b) 105% of total premiums paid to date of death

c) Sum Assured

Note:

Annualised Premium shall be the premium amount payable in a year, excluding taxes, rider premiums, underwriting extra premiums and loadings for modal premiums.

Total Premiums paid means the total of all premiums paid, excluding any extra premiums and taxes, if collected explicitly.

Step 1: Choose your Sum Assured'

Choose the life cover amount that your family would need to maintain their standard of living, repay outstanding loans, and meet future goals in your absence. The minimum sum assured is ₹25 Lakh, and the maximum sum assured depends on the insurer’s underwriting guidelines. The sum assured can be chosen in multiples of ₹1,00,000. As a general rule, aim for a life cover of at least 10–15 times your annual income2.

Step 2: Choose your Policy Term

Select how long you want life cover. Policy terms range from 5 to 25 years. You pay premiums throughout the policy term (Premium Payment Term equals Policy Term). As a diabetic, choosing a longer policy term locks in your premium at your current health status — before any potential deterioration — making early enrolment financially advantageous.

Step 3: Choose your Premium Payment Frequency

Choose to pay your premium annually, quarterly, half monthly or monthly — whichever suits your income and expense cycle. Your premium is calculated based on your age, gender, HbA1c level, sum assured, policy term, smoking status, and other health factors.

Step 4: Answer The Health Questionnaire

Fill in the health questionnaire honestly — including your HbA1c level (from a test within the last 2 or 3 months), date of diabetes diagnosis, current medication, and any co-morbidities such as hypertension. Full and accurate disclosure protects your policy's claim validity. Since this plan is built for diabetics, your condition is already factored into the underwriting — there is no reason to withhold information.

Term Plan exclusively designed for Type 2 diabetics (with HbA1c level<= 8) and pre-diabetics.

• Provides comprehensive financial security to your family.

• Health Management Services will also be provided through webinars, medical consultations to sup port our customers to manage their diabetes and general health.

• Flexibility to choose from multiple premiums payment frequencies.

• Tax benefits as per prevailing tax laws.