Family Income Protector Plus Plan vs Isecure More Term Insurance Plan 2026 | PolicyX

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A term plan that provides a regular monthly income after your demise.

If you support your family financially through your income, then undoubtedly, the comfort, happiness, and protection of your loved ones depend on you. But what if any mishap occurs to you? Such a scenario can strip your family of financial aid.

To ensure your family's income continues even after your demise, PNB MetLife Term Insurance has introduced the 'Family Income Protector Plus' plan. This unique non-linked term insurance plan protects your family from future uncertainties by providing a regular monthly income for up to 20 years. Additionally, if you outlive the policy term, the premiums paid will be returned to you.

The PNB MetLife Family Income Protector Plus plan offers a range of benefits, including:

  • Guaranteed Monthly Income
  • Choice of Plan Options
  • Return of Premium
  • Tax Benefits as per laws
  • Add-on Riders
  • Affordable Premiums
PLAN DETAILS

Family Income Protector Plus Plan

Isecure More

Premium Including GST
Key Features
(Key features of the plan)
  • Monthly Income for 20 yrs
  • Return of premium
  • Tax benefits
  • Flexible Policy Tenure
  • Option to Avail Joint Life Cover
  • High Sum Assured Rebate
Plan Maturity age Maximum Maturity Age - 75 years Maximum maturity age- 70 years
Plan Sum Assured Basic Sum Assured: ₹14L to ₹1.4Cr. Base sum assured- Rs 2.5 lakh to No limit
Plan Entry Age Minimum Age - 25 years Maximum Age - 60 years Minimum age- 18 years, Maximum age- 60 years
Plan Payment modes Annual, Semi-Annual, and Monthly Yearly, half-yearly, quarterly, and monthly
Plan Policy loan Policy loans are not available under the PNB MetLife Family Income Protector Plus plan. A policy loan is not available under the Bajaj iSecure More Plan.
Plan Sample Premium Rs 511-/ per month Rs 730/- per month
Plan Brochure Brochure URL Brochure URL
Policy Term Minimum Term: 10 years, Maximum Term: 20 years Minimum policy term- 10 years, Maximum policy term- 25 years
Claim Settlement Ratio (2024-25) 99.57% 99.33%
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* The above sample premiums are for a 30-year-old male, nonsmoker with a sum assured of Rs 50 lakhs and a policy tenure of 25 years. You can calculate the premiums for the above term insurance plans using the PolicyX Term Insurance Calculator.

Riders

Riders You Can Choose With Bajaj iSecure More 

You can choose the following rider options with your Bajaj iSecure More Plan to enhance your plan coverage.

Bajaj Accidental Death Benefit Rider

Rider benefits are paid to the nominee in case of the policyholder’s unfortunate death due to an accident during the policy tenure. 

Bajaj Accidental Permanent Total/ Partial Disability Benefit Rider

In case of accidental permanent total/ partial disability, the applicable rider sum assured is paid to the policyholder. 

Bajaj Waiver of Premium Rider

This rider waives off all your future premiums in the following circumstances: (i) death (ii) diagnosis of any of the 11 critical illnesses mentioned in the rider brochure (iii) accidental permanent total disability

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