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Income Assure Plan vs Bharti Axa Life Elite Advantage Plan

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Income Assure Plan vs Bharti Axa Life Elite Advantage Plan

Income Assure Plan

Bajaj Life Income Assure Plan by Bajaj Life Insurance is a participating savings plan offering guaranteed regular monthly income and assured life cover. The investment plan allows you to increase base cover with optional riders to protect against death, disability, and disease. Under this plan, you'...

Bharti Axa Life Elite Advantage Plan

Bharti Axa Elite Advantage offers its policyholders dual benefits, including death and maturity benefits. You can also choose rider benefits with this plan which helps you increase the overall coverage of your plan. This article provides you with complete details about the Elite Advantage Plan inclu...

PLAN DETAILS

Income Assure Plan


Bharti Axa Life Elite Advantage Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed Monthly Income
  • Choice of Payout Options
  • High Sum Assured Rebate
  • Flexible premium payment term
  • Loan on policy
  • Guaranteed maturity sum
Plan Uniqueness
  • Guaranteed Monthly Income
  • Choice of Payout Options
  • High Sum Assured Rebate
  • Flexible premium payment terms
  • Life insurance cover
  • Maturity benefits
  • Loan on policy
Plan Maturity age Maximum Maturity Age - 74 years Maximum - 65 years
Premium payment term 5 to 12 years 5,7 and, 12 years
Plan Entry Age Minimum Age - 0 years Maximum Age - 50 years Minimum - 6 years
Sum assured No limit Minimum- Depends on the minimum premium, Maximum- No limit
Premium payment frequency Annual, half-yearly, quarterly & monthly Quarterly, Half-yearly, and Yearly.
Plan Sample Premium - Rs 12000
Plan Brochure Brochure URL Brochure URL
Policy tenure 17 to 24 years 10 and 12 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year Minimum Age - 0 year

Know More About Plans

Bajaj Life Income Assure Plan by Bajaj Life Insurance is a participating savings plan offering guaranteed regular monthly income and assured life cover. The investment plan allows you to increase base cover with optional riders to protect against death, disability, and disease.

Under this plan, you'll even get a high sum assured rebate on an annual premium for each complete additional Rs. 1,000 sum assured purchased. With Bajaj Life Income Assure, you'll receive a yearly cash bonus at the end of each financial year, if any is declared.

Bajaj Life Income Assure Plan offers you a range of benefits including:

why-choose
  • Choice of 2 life cover variants
  • Flexibility to choose premium payment term
  • Special premium rates for women
  • High sum assured rebate
  • Choice of rider options

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