Monthly Income Advantage Plan
vs
Guaranteed Income Goal Plan

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  • Multiple sum assured options
  • Enhance coverage with add-ons
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Monthly Income Advantage Plan vs Guaranteed Income Goal 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, ...

Guaranteed Income Goal Plan

Bajaj Allianz Life Guaranteed Income Goal by Bajaj Allianz Life Insurance is a non-linked savings life insurance plan. It offers the dual benefit of saving and insurance. Rather than a normal savings plan, this plan gives you a choice to receive maturity benefits as: lumpsum or in income. With the r...

PLAN DETAILS

Monthly Income Advantage Plan


Guaranteed Income Goal Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed monthly income
  • Longer coverage
  • Waiver of premiums
  • Guaranteed returns
  • Choice of two variants
  • Policy loan available
Plan Uniqueness
  • Guaranteed monthly income
  • Longer coverage
  • Waiver of premiums
  • Guaranteed returns
  • Choice of two variants
  • Policy Loan available
Plan Maturity age Maximum Maturity Age - 90 years Maximum Maturity Age - 72 years
Premium payment term 6,8,10,12,15 years 5,7,8,10,12 years
Plan Entry Age Minimum Age - 18 years Maximum Age - 55 years Minimum Age - 6 years Maximum Age - 60 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 Minimum term - 16 years Maximum term - 45 years 10,12,15,20 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 5 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.