Life Secure Plan vs Mera Term Plan Plus Term Insurance Plan 2026 | PolicyX

Google Ratings (2500+)

★★★★

11+ Years

IRDAI Approved

5M+

Quotes Generated

100K+

Happy Customers

PolicyX is one of India's leading digital insurance platforms

Know More About Plans

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

Mera Term Plan Plus

Premium Including GST
Key Features
(Key features of the plan)
  • 3 Plan Options
  • Critical Illness Benefit
  • Waiver Of Premium
  • Comprehensive coverage
  • Plan enhancement options
  • Customizable plans
Plan Maturity age Maximum Maturity Age - Whole life Maximum Maturity Age - 70 years
Plan Sum Assured Base sum assured: No limit Basic Sum Assured: ₹₹5,000 per member to no limit
Plan Entry Age Minimum Age - 25 years Maximum Age - 55 years Minimum Age - 15 years Maximum Age - 65 years
Plan Payment modes Annual, half-yearly, quarterly & monthly Annual, Semi-Annual, quarterly and Monthly
Plan Policy loan The policy loan is not available under Bajaj Life Secure Plan. The policy loan is not available under PNB Metlife Mera Term Plan Plus.
Plan Sample Premium Rs 670/- per month Rs 545-/ per month
Plan Brochure Brochure URL Brochure URL
Policy Term 100 minus Entry Age Minimum term - 10 years Maximum term - 99- entry age
Claim Settlement Ratio (2024-25) 99.33% 99.57%
Recommended Videos -
PNB Metlife Mera Term Plan Plus

PNB Metlife Mera Term Plan Plus

* 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 PNB MetLife Mera Term Plan Plus

You can add the following riders to your PNB MetLife Mera Term Plan Plus:

PNB MetLife Serious Illness Rider

Get additional health coverage on top of the base cover in case of a diagnosis of any listed critical illnesses.

PNB MetLife Accidental Death Benefit Rider

Get an extra payout on top of base cover upon your unfortunate death due to an accident.

PNB MetLife Accidental Disability Benefit Rider

Get an extra payout on top of the base cover on total and permanent disability due to an accident.

PNB MetLife Critical Illness Rider

Get additional coverage if you are diagnosed with a pre-specified critical illness.

Other Term Insurance Companies

Free Expert Advice

Consult for Personalised Insurance Advice

Get guidance from IRDAI-certified experts — zero cost, zero spam.
Our advisors help 1M+ Indians choose the right term plan every year.

★★★★★ 4.5+ on Google · 2,500+ reviews
📞 Call Free