Monthly Income Advantage Plan
vs
Canara Hsbc Easy Bachat Plan

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  • Multiple sum assured options
  • Enhance coverage with add-ons
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Monthly Income Advantage Plan vs Canara Hsbc Easy Bachat Plan

Monthly Income Advantage Plan

Axis Max Monthly Income Advantage Plan is a comprehensive plan that offers you dual life Insurance coverage benefits until policy tenure and guaranteed income for a certain duration. You can also avail of riders including term plus rider, accidental death, disability rider, COVID-19 one-year rider, ...

Canara Hsbc Easy Bachat Plan

Canara HSBC Easy Bachat plan is a long-term savings and family protection plan. It offers two plan variants, allowing policyholders to select the protection level: Endowment option or Money-back option. Endowment Option: In this variant, you'll get an assured life cover during the policy term and a ...

PLAN DETAILS

Monthly Income Advantage Plan


Canara Hsbc Easy Bachat Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed monthly income
  • Longer coverage
  • Waiver of premiums
  • 2 Plan Options
  • Guaranteed Additions
  • Lower Premiums
Plan Uniqueness
  • Guaranteed monthly income
  • Longer coverage
  • Waiver of premiums
  • Guaranteed Maturity Benefit Life Insurance
  • Death Benefit
  • Survival Benefit
Plan Maturity age Maximum Maturity Age - 90 years 65 years
Premium payment term 6,8,10,12,15 years 5, 7, 10 years
Plan Entry Age Minimum Age - 18 years Maximum Age - 55 years Min- 18 years, Max- 55 years
Sum assured No limit 10 Lacs
Premium payment frequency Annual, half-yearly, quarterly & monthly Monthly, Quarterly, Half-Yearly or Annually
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure Minimum term - 16 years Maximum term - 45 years 10, 15, 20 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 0 year

Know More About Plans

Overview

Axis Max Monthly Income Advantage Plan is a comprehensive plan that offers you dual life Insurance coverage benefits until policy tenure and guaranteed income for a certain duration. You can also avail of riders including term plus rider, accidental death, disability rider, COVID-19 one-year rider, critical illness, and disability rider to enhance overall coverage. You can avail of a sum assured ranging from Rs 54,000 to no upper limit. This plan has 15 plan variants and you can choose the one that best suits your needs.

Axis Max Monthly Income Advantage Plan offers you a range of benefits including:

why-choose
  • Guaranteed monthly income

  • Waiver of future premiums

  • Flexible policy tenure
  • Reduced paid-up value

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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.