Income Assure Plan
vs
Lic New Children Money Back

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Income Assure Plan vs Lic New Children Money Back

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 New Children Money Back

The future of the world depends on the strength of the children today. But if they are not prepared for that purpose, the dream will be unattainable. This is why there are certain premium policies available for children to secure their future on the whole. LIC's New Children Money Back Plan (Plan No...

PLAN DETAILS

Income Assure Plan


Lic New Children Money Back

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
  • Death Benefits Maturity Benefits
  • Survival Benefits
Plan Maturity age Maximum Maturity Age - 74 years Maximum Maturity Age - 25 years
Premium payment term 5 to 12 years 25 minus Age at Entry
Plan Entry Age Minimum Age - 0 years Maximum Age - 50 years Minimum Age - 0 years Maximum Age - 12 years
Sum assured No limit Rs 1 lakh to No limit
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 25 minus Age at Entry
Claim Settlement Ratio (2023-24) Minimum Age - 5 year 98.62
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LIC New Children Money Back Plan 932 Details

LIC New Children Money Back Plan 932 Details

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.