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Whole Life Super Plan vs Lic Jeevan Rakshak

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Whole Life Super Plan vs Lic Jeevan Rakshak

Whole Life Super Plan

Axis Max Life Whole Life Super is a non-linked, participating life insurance savings plan. It offers lifetime protection up to 100 years of age, in return for the limited premium paying term. Additionally, it provides an increasing life coverage feature. Under this, your life coverage will increase ...

Lic Jeevan Rakshak

LIC Jeevan Rakshak Plan (Table No. 827) is a participating non-linked plan that provides a combination of insurance and savings. As the name suggests, the plan offers life insurance as well as maturity benefits. This plan was introduced in August 2014 by the Life Insurance Corporation (LIC) of India...

PLAN DETAILS

Whole Life Super Plan


Lic Jeevan Rakshak

Premium Including GST
Key Features
(Key features of the plan)
  • Lifetime coverage
  • Flexible premium payment option
  • Receive Bonus
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Lifetime coverage
  • Flexible premium payment option
  • Receive Bonus
  • Death Benefits
  • Maturity Benefits
  • Additional Bonus
Plan Maturity age Maximum Maturity Age - 100 years Maximum Maturity Age - 70 years
Premium payment term 10,15,20 years Equal to the policy term
Plan Entry Age Minimum Age - 18 years Maximum Age - 60 years Minimum Age - 8 years Maximum Age - 55 years
Sum assured No limit Rs 75,000 to Rs 2 lakhs
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 100 years Minimum term - 10 years Maximum term - 20 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year 98.5%
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Know More About Plans

Axis Max Life Whole Life Super is a non-linked, participating life insurance savings plan. It offers lifetime protection up to 100 years of age, in return for the limited premium paying term. Additionally, it provides an increasing life coverage feature. Under this, your life coverage will increase in parallel with your age. This plan offers options for premium payment terms between 10, 15, and 20 years with premium payment in annual, semi-annual, quarterly, and monthly modes.

Axis Max Life Whole Life Super Plan offers you a range of benefits including:

why-choose
  • Guaranteed whole-life protection

  • Flexible premium paying terms

  • Availability of paid-up facilities
  • Receive bonus from time to time

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