Life Secure Plan vs Maha Raksha Supreme Term Insurance Plan 2026 | PolicyX

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Bajaj Life Secure is an advanced term insurance plan that offers protection till your 100th birthday. This plan is a non-linked and non-participating individual, life, limited premium payment whole life-saving plan. Life Secure Plan offers flexible premium payment terms with a plan customization option. This is a whole life plan that offers term cover with 3 plan options comprehensively covering accidental death, and critical illness depending on the policyholder's choice. There are three plan options: Death Benefit, Death Benefit + Accidental Death Benefit, Death Benefit + Accidental Death Benefit + Waiver Of Premium Benefit.

Bajaj Life Secure Plan offers you a range of benefits including:

  • Life cover up to the age of 100 years.
  • Tax Benefit
  • High sum assured rebate.
  • Additional riders to choose from
  • Death benefits
  • Attractive premium rates for female lives.
PLAN DETAILS

Life Secure Plan

Maha Raksha Supreme

Premium Including GST
Key Features
(Key features of the plan)
  • 3 Plan Options
  • Critical Illness Benefit
  • Waiver Of Premium
  • Life Stage Plus Option
  • Payout Accelerator Benefit
  • Non-smoker & Female Discounts
Plan Maturity age Maximum Maturity Age - Whole life Maximum Maturity Age - 80 years
Plan Sum Assured Base sum assured: No limit Base sum assured: Rs 50 lakhs to no limit
Plan Entry Age Minimum Age - 25 years Maximum Age - 55 years Minimum Age - 18 years Maximum Age - 50 years
Plan Payment modes Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Policy loan The policy loan is not available under Bajaj Life Secure Plan. The policy loan is not available under TATA AIA Maha Raksha Supreme
Plan Sample Premium Rs 670/- per month 615-/ per month
Plan Brochure Brochure URL Brochure URL
Policy Term 100 minus Entry Age Minimum term - 4 years Maximum term - 40 years
Claim Settlement Ratio (2024-25) 99.33% 99.41
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Tata AIA Maha Raksha Supreme Term Plan

Tata AIA Maha Raksha Supreme Term Plan

* 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 Tata AIA Maha Raksha Supreme Plan

You can add the following riders to your Tata AIA Maha Raksha Supreme:

Tata AIA Life Insurance Accidental Death and
Disability Rider

In case of the policyholder’s demise or disability due to an accident, a payout is paid to the nominee.

Tata AIA Non-Linked Comprehensive
Protection Rider

This rider provides coverage for various unforeseen events, such as death, disability due to accident, a wide range of critical illnesses, or terminal illnesses.

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