Bajaj Nvestment Plans vs Icici Life Life Insurance 2026 | PolicyX
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At a glance

Which insurer is ahead on the figures both publish

Customer rating

Icici Life

4.1 / 5Bajaj Nvestment Plans 4.5 / 5Icici Life

Claim settlement ratio

Icici Life

Minimum Age - 5 year%Bajaj Nvestment Plans 99.3%Icici Life

Share of death claims the insurer paid

Solvency ratio

Bajaj Nvestment Plans

80 yearsBajaj Nvestment Plans 2.12Icici Life

IRDAI minimum is 1.5

COMPANY DETAILS ✎ Edit

Bajaj Nvestment Plans

✎ Edit

Icici Life

Customer rating

Customer rating

4.1 / 5

Customer rating

4.5 / 5 Higher
Life insurance plans listed

Life insurance plans listed

5 plans ❯

Life insurance plans listed

6 plans ❯
Annual premiums collected (2024-25)

Annual premiums collected (2024-25)

₹ Rs 50,000 to No limit

Annual premiums collected (2024-25)

₹ 48,950.71 crores
Claim settlement ratio

Claim settlement ratio

Minimum Age - 5 year%

Claim settlement ratio

99.3% Higher
Solvency ratio

Solvency ratio

80 years Higher

Solvency ratio

2.12
Pan India presence (branches)

Pan India presence (branches)

Annual, half-yearly,

Pan India presence (branches)

506
Payout options

Payout options

Not available

Payout options

Lump sum, monthly, or a combination of both
Riders available

Riders available

Minimum Term: 6 years. Maximum Term: 30 years.

Riders available

Terminal Illness Benefit, Income Benefit Rider, Waiver of Premium, Critical Illness Benefit, Permanent and Partial Disability Benefit, Accidental Death Benefit
Inception year

Inception year

Not available

Inception year

27,160.06 cr
Complaints per ₹1 crore of premium collected

Complaints per ₹1 crore of premium collected

Not available

Complaints per ₹1 crore of premium collected

2001
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Best ICICI Life Insurance Plans

Best ICICI Life Insurance Plans

Plans from Bajaj Nvestment Plans and Icici Life

Every plan we list from each insurer, including its term and investment plans. Switch insurer to see the other's plans.

Investment Plan

Bajaj Assured Wealth Goal

The Bajaj Assured Wealth Goal is a non-linked, non-participating life insurance savings plan offering both savings and insurance… Read More

  • Joint life cover
  • Six variants
  • Regular guaranteed income
Sum assured5 to 12 years
Entry ageMinimum Age - 0 years. Maximum Age - 55…
View plan
Investment Plan

Bajaj Flexi Income Goal

The Bajaj Flexi Income Goal Plan is a non-linked, participating life insurance plan offering both insurance and savings benefits… Read More

  • Life cover up to 99 years
  • Joint life cover
  • Regular steady income
Sum assured5 to 20 years
Entry ageMinimum Age - 0 years Maximum Age - 99…
View plan
Investment Plan

Guaranteed Income Goal

The Bajaj Guaranteed Income Goal Investment Plan is a non-linked savings life insurance plan from Bajaj Life Insurance, designed… Read More

  • Guaranteed returns
  • Choice of two variants
  • Policy loan available
Sum assured5,7,8,10,12 years
Entry ageMinimum Age - 6 years, Maximum Age - 60…
View plan
Investment Plan

POS Goal Suraksha

Bajaj POS Goal Suraksha offers a dual benefit of life insurance protection for loved ones and a savings component to achieve futu… Read More

  • Guaranteed Additions
  • Limited Payment Term
  • Alter Payment Modes
Sum assured5,6,7,8,10,12 years
Entry ageMinimum Age - 0 years Maximum Age - 55…
View plan
Investment Plan

Income Assure

The Bajaj Life Income Assure Plan is a participating savings and investment plan offering guaranteed regular monthly income and a… Read More

  • Guaranteed Monthly Income
  • Choice of Payout Options
  • High Sum Assured Rebate
Sum assured5 to 12 years
Entry ageMinimum Age - 0 years Maximum Age - 50…
View plan
Life

ICICI Protect-n-Gain

The ICICI Protect N Gain ULIP combines life insurance coverage, potentially up to 100 times the annual premium, with wealth creat… Read More

  • 18 Fund Options Available
  • 4 Plan Strategies
  • Systematic Withdrawal Plan Option
Sum assuredBase sum assured: 5 Lakhs to no limit.
Entry ageMinimum Age - 18 years Maximum Age - 55…
View plan
Icici Investment Plans

ICICI Life Signature Plan

ICICI Signature is a ULIP that combines life cover with wealth creation, offering long-term growth and financial security. It fea… Read More

  • Life Cover
  • Wealth Boosters
  • Return of Premium Allocation Charges
Sum assuredSingle, Yearly, Half-Yearly, and Monthly
Entry age0-70 years
View plan
Investment Plan

ICICI Life Cash Advantage

The ICICI Life Cash Advantage Investment Plan is a non-linked life insurance savings plan that combines protection with guarantee… Read More

  • Guaranteed Cash Benefit
  • Life Cover
  • Policy Loan
Sum assured5/10 Years
Entry ageMinimum Age - 30 Days, Maximum Age - 60…
View plan
Investment Plan

ICICI Life Savings Suraksha

The ICICI Life Savings Suraksha Investment Plan combines savings and protection, helping individuals achieve financial goals whil… Read More

  • Guaranteed additions
  • Multiple premium options
  • Additional bonuses
Sum assuredLimited Pay (5, 7, 10, 12 years) and Re…
Entry ageMinimum age: 0 years, Maximum age: 60 y…
View plan
Investment Plan

ICICI Assured Savings

ICICI Life Assured Savings Plan combines life cover with guaranteed returns, offering annual additions of 9% to 11% to the base s… Read More

  • 9% to 11% Guaranteed Additions
  • Guaranteed maturity benefits
  • Special Surrender Value (SSV)
Sum assured5/7/8/10/12 years
Entry ageMinimum age - 0 years Maximum age - 60…
View plan
Investment Plan

ICICI Life Future Perfect

The ICICI Life Future Perfect Investment Plan is a versatile savings and protection-oriented life insurance solution designed to… Read More

  • Guaranteed Additions
  • Flexible PPT
  • Cash Bonuses
Sum assured5/7/10/15/20 years
Entry ageMinimum age - 91 days Maximum age - 55…
View plan
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Reviewed By: Naval Goel

Naval Goel has over a decade of expertise in the insurance sector, having worked with companies like AIG, New York. He is an Associate Member of the Indian Institute of Insurance, Pune, and is authorized by IRDAI to act as Principal Officer of PolicyX.com Insurance Web Aggregator.

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