Income Assure Plan
vs
Lic Komal Jeevan

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Income Assure Plan vs Lic Komal Jeevan

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...

Lic Komal Jeevan

LIC has been very dynamic in introducing plans according to different individuals' demands. The LIC Komal Jeevan Plan is exclusively fabricated for children between the ages of 0 and 10. When a newborn baby steps into the family, the parents experience a mix of excitement and anxiety. They become ov...

PLAN DETAILS

Income Assure Plan


Lic Komal Jeevan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed Monthly Income
  • Choice of Payout Options
  • High Sum Assured Rebate
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Guaranteed Monthly Income
  • Choice of Payout Options
  • High Sum Assured Rebate
  • Guaranteed Additions
  • Loyalty Additions
  • Survival Benefits
Plan Maturity age Maximum Maturity Age - 74 years Maximum Maturity Age - 26 years
Premium payment term 5 to 12 years 18 years
Plan Entry Age Minimum Age - 0 years Maximum Age - 50 years Minimum Age - 90 days Maximum Age - 10 years
Sum assured No limit Rs 1 lakh to Rs 25 lakhs
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 term - 10 years Maximum term - 26 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year 98.62

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.