Bajaj Allianz iSecure, a term plan, enables you to provide the required financial security for your family. It offers a life cover at a low premium, with the option to your loved ones to receive the death benefit in instalments, in order to meet their financial needs.
Benefits:
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Pay Regular or Limited Premiums Pay premiums:
on regular basis during the policy term or for limited period of 5,10,15,20 or 25 yr
Rebate for high sum assured:
Opting for a high sum assured, iSecure offers attractive rebates in premium
Life Cover for your spouse:
Include your spouse in the same policy at inception or at a later date
Payouts in Instalments:
The nominee can opt to receive the death benefit payout in equal monthly instalments for five or ten years
Multiple options for policy terms:
Choose from multiple policy terms depending on your requirement
Tax Benefits:
Premium paid, surrender value, death benefit may be eligible for tax benefits as per extant income tax act 1961.
Highlights:
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Get the advantage of a level term cover at low cost, especially for larger sum assured
Get rewarded for maintaining a healthy lifestyle, if applicable with special premium rates for non—smokers and for medically fit non-smoker
Benefit of attractive high sum assured rebate
Flexibility to:
Select your policy term depending on your requirement
Alter your premium payment frequency
Include your spouse at a later date in your existing policy, if you are single at present
Plan to meet recurring expenses of your loved ones’ by opting for payment of benefit in instalments
Option to enhance your coverage with rider benefit