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Monthly Income Advantage Plan vs Tata Aia Gold Income Plan

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Monthly Income Advantage Plan vs Tata Aia Gold 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, ...

Tata Aia Gold Income Plan

Tata AIA Gold Income Plan is a non-liked individual life insurance saving plan. This plan is designed to offer guaranteed returns and life insurance protection in return for minimal premiums. It is the perfect choice for individuals planning to fund their mid and long-term financial goals, as it all...

PLAN DETAILS

Monthly Income Advantage Plan


Tata Aia Gold Income Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed monthly income
  • Longer coverage
  • Waiver of premiums
  • Get guaranteed income
  • Income booster available
  • Enhanced protection through riders
Plan Uniqueness
  • Guaranteed monthly income
  • Longer coverage
  • Waiver of premiums
  • Get guaranteed income
  • Income booster available
  • Enhanced protection through riders
Plan Maturity age Maximum Maturity Age - 90 years Minimum 18 years, Maximum 77 years
Premium payment term 6,8,10,12,15 years Minimum 12 years, Maximum 15 years
Plan Entry Age Minimum Age - 18 years Maximum Age - 55 years Minimum 3 years, Maximum 65 years
Sum assured No limit Rs. 11,00,000
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, Half-yearly, Quarterly, Monthly
Plan Sample Premium - Rs 36000
Plan Brochure Brochure URL Brochure URL
Policy tenure Minimum term - 16 years Maximum term - 45 years 12 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year Minimum Age - 0 year
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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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