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Monthly Income Advantage Plan vs Life Secure Income Plan

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Monthly Income Advantage Plan vs Life Secure Income 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, ...

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...

PLAN DETAILS

Monthly Income Advantage Plan


Life Secure Income Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed monthly income
  • Longer coverage
  • Waiver of premiums
  • Regular Guaranteed Income
  • Guaranteed additions
  • Policy loan facility
Plan Uniqueness
  • Guaranteed monthly income
  • Longer coverage
  • Waiver of premiums
  • Regular Guaranteed income
  • Guaranteed additions
  • Policy loan facility
Plan Maturity age Maximum Maturity Age - 90 years Maximum Maturity Age - 80 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 Minimum- 0 years, Maximum- 65 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 Minimum term - 15 years Maximum term - 20 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 0 year

Know More About Plans

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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