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Life Secure Income Plan vs Fixed Maturity Plan

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Life Secure Income Plan vs Fixed Maturity Plan

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...

Fixed Maturity Plan

Aditya Birla Sunlife Fixed Maturity Plan is a non-linked, non-participating endowment product providing fully guaranteed benefits as a lump-sum on maturity. ABSLI Fixed Maturity Plan is a savings vehicle that offers life insurance protection and savings advantages to protect your loved ones from fin...

PLAN DETAILS

Life Secure Income Plan


Fixed Maturity Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Regular Guaranteed Income
  • Guaranteed additions
  • Policy loan facility
  • Tax Benefits u/s 80C & 10 (10D)
  • Single Premium
  • ZERO Withdrawal Charges
Plan Uniqueness
  • Regular Guaranteed income
  • Guaranteed additions
  • Policy loan facility
  • Policy loan
  • Enhanced sum assured
  • Tax benefit
Plan Maturity age Maximum Maturity Age - 80 years 70 years
Premium payment term 5,7,10 years Single, Limited, Regular
Plan Entry Age Minimum- 0 years, Maximum- 65 years 8 years
Sum assured No limit Rs. 15000- no limit
Premium payment frequency Annual, half-yearly, quarterly & monthly Single, Limited, Regular
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure Minimum term - 15 years Maximum term - 20 years Minimum-5 to Maximum-10 years.
Claim Settlement Ratio (2023-24) Minimum Age - 0 year 98.65%

Know More About Plans

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 and a maximum maturity age of 80 years. 
 
In case of financial emergencies, Bharti AXA Life Secure Income plan also offers a loan for up to 80% of your surrender value. 

Bharti AXA Life Secure Income Plan offers you a range of benefits including:

why-choose
  • Guaranteed tax-free income

  • Maturity benefit

  • Guaranteed additions
  • Life insurance cover

  • Guaranteed payout

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