Monthly Income Advantage Plan
vs
Tata Aia Smart Income Plus Plan
- Choose your coverage tenure
- Multiple sum assured options
- Enhance coverage with add-ons
| PLAN DETAILS |
 Monthly Income Advantage Plan |
 Tata Aia Smart Income Plus Plan |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
|
|
| Plan Uniqueness |
|
|
| Plan Maturity age | Maximum Maturity Age - 90 years | Min- 18 years, Max- 75 years |
| Premium payment term | 6,8,10,12,15 years | 7, 10, 12 years |
| Plan Entry Age | Minimum Age - 18 years Maximum Age - 55 years | Min- 0 years, Max- 50 years |
| Sum assured | No limit | 11 times Annualized Premium |
| Premium payment frequency | Annual, half-yearly, quarterly & monthly | Monthly, Quarterly, Half-Yearly or Annually |
| Plan Sample Premium | - | Rs. 18,000 to Rs. 49,999 |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy tenure | Minimum term - 16 years Maximum term - 45 years | 15 years, 21 years, and 25 years |
| Claim Settlement Ratio (2023-24) | Minimum Age - 5 year | Minimum Age - 0 year |
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:
Guaranteed monthly income
Waiver of future premiums
Reduced paid-up value
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