Life Secure Income Plan
vs
Lic New Money Back

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Life Secure Income Plan vs Lic New Money Back

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...

Lic New Money Back

The LIC New Money Back Plan 20 Years (Plan No: 920)was floated on January 6, 2014 to cater to the financial needs of the business and the salaried class of Indians. This is a fixed-period non-linked participating plan which protects the policy holder against death besides disbursing a periodic payou...

PLAN DETAILS

Life Secure Income Plan


Lic New Money Back

Premium Including GST
Key Features
(Key features of the plan)
  • Regular Guaranteed Income
  • Guaranteed additions
  • Policy loan facility
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Regular Guaranteed income
  • Guaranteed additions
  • Policy loan facility
  • Death Benefits
  • Survival Benefits
  • Maturity Benefits
Plan Maturity age Maximum Maturity Age - 80 years Maximum Maturity Age - 70 years
Premium payment term 5,7,10 years 15 years
Plan Entry Age Minimum- 0 years, Maximum- 65 years Minimum Age - 13 years Maximum Age - 50 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 Minimum term - 15 years Maximum term - 20 years 20 years
Claim Settlement Ratio (2023-24) Minimum Age - 0 year 98.62

Know More About Plans

Overview

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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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.