Income Assure Plan
vs
Life Secure Income Plan

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Income Assure Plan vs Life Secure Income Plan

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...

Life Secure Income Plan

Bharti AXA Life Secure Income Plan is a non-linked guaranteed life insurance plan. It provides regular guaranteed monthly income along with fixed guaranteed addition at each policy anniversary right after the completion of the premium payment term. This plan comes with a minimum entry age of 1 month...

PLAN DETAILS

Income Assure Plan


Life Secure Income Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed Monthly Income
  • Choice of Payout Options
  • High Sum Assured Rebate
  • Regular Guaranteed Income
  • Guaranteed additions
  • Policy loan facility
Plan Uniqueness
  • Guaranteed Monthly Income
  • Choice of Payout Options
  • High Sum Assured Rebate
  • Regular Guaranteed income
  • Guaranteed additions
  • Policy loan facility
Plan Maturity age Maximum Maturity Age - 74 years Maximum Maturity Age - 80 years
Premium payment term 5 to 12 years 5,7,10 years
Plan Entry Age Minimum Age - 0 years Maximum Age - 50 years Minimum- 0 years, Maximum- 65 years
Sum assured No limit 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 Minimum term - 15 years Maximum term - 20 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 0 year

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.