Income Assure Plan
vs
Flexi Smart Plus

  • Choose your coverage tenure
  • Multiple sum assured options
  • Enhance coverage with add-ons
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Income Assure Plan vs Flexi Smart Plus

Income Assure Plan

Bajaj Allianz Life Income Assure Plan by Bajaj Allianz 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...

Flexi Smart Plus

SBI Life Flexi Smart Plus is a non-linked life insurance plan    This plan offers the required comprehensive life insurance cover along with investment opportunities. It is a participating variable insurance plan that allows the beneficiary to receive the sum assured or 105% of total premi...

PLAN DETAILS

Income Assure Plan


Flexi Smart Plus

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed Monthly Income
  • Choice of Payout Options
  • High Sum Assured Rebate
  • Offers Surrender Benefit
  • Tax Benefits Available
  • 100% Guaranteed Returns
Plan Uniqueness
  • Guaranteed Monthly Income
  • Choice of Payout Options
  • High Sum Assured Rebate
  • Partial Withdrawal
  • Guranteed Death Benefit
  • Maturity Benefit
Plan Maturity age Maximum Maturity Age - 74 years Maximum Maturity Age - 65 years
Premium payment term 5 to 12 years Annual, half-yearly, quarterly & monthly
Plan Entry Age Minimum Age - 0 years Maximum Age - 50 years Minimum Age - 18 years Maximum Age - 60 years
Sum assured No limit 10 times annual premium
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 17 to 24 years Minimum 5 years to Maximum 30 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year 98.39%

Know More About Plans

Overview

Bajaj Allianz Life Income Assure Plan by Bajaj Allianz 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 Allianz Life Income Assure, you'll receive a yearly cash bonus at the end of each financial year, if any is declared.

Bajaj Allianz 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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Bijender Singh

Reviewed By: Bijender Singh

With 9 years of progressive experience in the insurance industry, including 7 years at Policy X, I have honed my expertise in Life and Health Insurance. My strengths lie in devising customer-centric solutions, streamlining insurance processes, and delivering exceptional service. I have successfully led high-performing teams, excelling in business planning, manpower management, and strategic decision-making.