Bajaj Allianz Life Insurance has launched Superwoman Term (SWT), a comprehensive term insurance solution exclusively designed for women. Aimed at addressing women’s evolving financial and health needs, the plan offers a unique blend of life cover, critical illness protection, childcare benefits, and free health management services worth up to ₹36,500 per annum.
The SWT plan provides coverage against 60 critical illnesses, including women-specific conditions such as breast, cervix, and ovarian cancers. It also includes an optional child care benefit—offering monthly income to ensure a child’s education in the event of the policyholder’s demise. In addition, health management services cover annual check-ups, OPD consultations, emotional wellness, and pregnancy-related support. Tarun Chugh, MD & CEO, said, “This solution empowers women with financial confidence while supporting their health and family goals.”
In Guwahati, the SWT plan is expected to find strong traction among urban working women and young mothers increasingly seeking holistic financial tools. As awareness around women’s health and financial independence grows in the city, SWT’s integrated benefits are well-positioned to meet the aspirations of this emerging segment. Bajaj Allianz Life continues to strengthen its portfolio with dedicated plans for salaried, self-employed, and diabetic individuals, backed by a 99.23% claim settlement ratio and 432% solvency ratio.
