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Lifestyle Secure Plan vs Pnb Metlife Loan And Life Suraksha Plan

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Lifestyle Secure Plan vs Pnb Metlife Loan And Life Suraksha Plan

Lifestyle Secure Plan

Most Indians consider insurance an unnecessary expense because they're not sure whether to get life insurance or health insurance. What if we told you there's a plan providing health and life insurance benefits? Yes, you heard us right; one such plan is the Bajaj Allianz Lifestyle Secure from Bajaj ...

Pnb Metlife Loan And Life Suraksha Plan

PNB Metlife has launched the PNB MetLife Loan and Life Suraksha Plan, offering life insurance along with protection for your mortgage, educational, personal, and auto loans. The policy comes in 3 types of coverage options, namely the Reducing cover option, the Level cover option, and the Increase of...

PLAN DETAILS

Lifestyle Secure Plan


Pnb Metlife Loan And Life Suraksha Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Level Cover Term
  • Terminal Illness Cover
  • Flexible-Premium Payment Term
  • Dual Coverage option
  • Joint Life option
  • Moratorium Period
Plan Maturity age Maximum Maturity Age - 60 years Maximum Maturity Age - NA
Plan Sum Assured Base sum assured: Rs 3 lakh to 15 lakh Base sum assured: 5 Thousand to no limit
Plan Entry Age Minimum Age - 18 years Maximum Age - 50 years Minimum Age - 15 years Maximum Age - 65 years
Plan Payment modes Annual, half-yearly, quarterly & monthly Half-yearly, Quarterly, Yearly, Monthly
Plan Policy loan The policy loan is not available under Bajaj Lifestyle Secure Plan The policy loan is available under PNB MetLife Loan and Life Suraksha Plan
Plan Sample Premium Rs 728/- per month Rs 532-/ per month
Plan Brochure Brochure URL Brochure URL
Policy Term Minimum term - 5 years Maximum term - 20 years Minimum term - 2 years, Maximum term - 25 years
Claim Settlement Ratio (2023-24) 99.29 99.2
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Bajaj Allianz Term Insurance Plans

Bajaj Allianz Term Insurance Plans

* 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.

Know More About Plans

Most Indians consider insurance an unnecessary expense because they're not sure whether to get life insurance or health insurance. What if we told you there's a plan providing health and life insurance benefits? Yes, you heard us right; one such plan is the Bajaj Allianz Lifestyle Secure from Bajaj Allianz Life Insurance company, which aims to offer life protection with cover for terminal illnesses.

Bajaj Allianz Lifestyle Secure Plan offers you a range of benefits including:

why-choose
  • Flexible premium payment modes 
  • Terminal illness coverage
  • High sum assured discounts
  • Tax benefits
  • Affordable premiums
  • Death benefit payout options

Riders

Riders Associated with Bajaj Allianz Lifestyle Secure Plan

You can add the following riders to your Bajaj Allianz Lifestyle Secure:

Bajaj Allianz Accidental Death Benefit Rider

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

Bajaj Allianz 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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