Isecure Loan Plan vs I Term Prime Plan Term Insurance Plan 2026 | PolicyX

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Bajaj iSecure Loan Term Plan is a protection-focused insurance plan designed to clear your outstanding loan in case of death. It ensures your family does not inherit financial liability and keeps their future stable even during unexpected events.

It is designed for people with home loans, personal loans, or other long-term borrowings who want simple debt protection in one plan.

Bajaj iSecure Loan Plan offers you a range of benefits including:

  • Premium Flexibility 
  • Tax Benefit
  • Surrender Value
  • Additional riders to choose from
  • Death benefits
  • Choice of sum assured

PLAN DETAILS

Isecure Loan Plan

I Term Prime Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Protection against loan
  • Joint life cover
  • Rider benefits
  • Affordable Premiums
  • High Coverage
  • Riders Available
Plan Maturity age Maximum Maturity Age - 65 years Maximum Maturity Age - 65 years
Plan Sum Assured Base sum assured: Rs 3 lakhs to no limit Base sum assured: ₹25 lakhs to no upper limit
Plan Entry Age Minimum Age - 18 years Maximum Age - 60 years Minimum Age - 18 years Maximum Age - 65 years
Plan Payment modes Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Policy loan The policy loan is not available under isecure Loan Plan The policy loan is not available under i-Term Prime
Plan Sample Premium Rs 788/- per month Rs 504-/ per month
Plan Brochure Brochure URL Brochure URL
Policy Term Minimum term - 10 years Maximum term - 25 years Minimum term - 5 years Maximum term - 15 years
Claim Settlement Ratio (2024-25) 99.33% 99.73%

* 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 Associated with Bajaj i-Secure Loan Term Plan

You can add the following riders to your Bajaj i-Secure Loan Term Plan:

Bajaj Accidental Death Benefit Rider

In case of the policyholder’s demise due to the accident benefits are paid to their nominee.

Bajaj Waiver of Premium Benefit Rider

Future premiums are waived off in case of the policyholder’s demise due to accidental death, disability, or any of the 11 critical illnesses mentioned.

Bajaj Accidental Permanent Total/ Partial Disability Benefit Rider

Under the accidental disability rider,Benefits are offered in case of the policyholder’s disability or demise due to the accident.

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