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Life Secure Income Plan vs Lic Siip

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Life Secure Income Plan vs Lic Siip

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 Siip

LIC SIIP is a unit-linked non-participating individual life insurance plan. The plan comes out as an opportunity to monetize the investment options offered by the market. The plan is available offline and online along with four different fund options to invest your hard-earned money. Like all other ...

PLAN DETAILS

Life Secure Income Plan


Lic Siip

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
  • Maturity Benefits
  • Guaranteed Additions
Plan Maturity age Maximum Maturity Age - 80 years Maximum Maturity Age - 85 years
Premium payment term 5,7,10 years 10 to 25 years
Plan Entry Age Minimum- 0 years, Maximum- 65 years Minimum Age - 90 days Maximum Age - 65 years
Sum assured No limit Rs 10 lakhs 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 Minimum term - 10 years Maximum term - 25 years
Claim Settlement Ratio (2024-25) Minimum Age - 0 year 98.5%

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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