iSecure More term Insurance, bajaj allianz isecure more term insurance plan

Bajaj Allianz Life iSecure More Term Insurance Overview

Life cover increases annually:The sum assured under iSecure More increases 5% at each policy anniversary; subject to maximum of twice the sum assured chosen at policy inception..
Convert to joint life cover:You can include your spouse in the existing policy or at a later stage in case you were single at the time of purchasing the policy.
Rebate on high sum assured:If you opt for a high sum assured of ₹ 5,00,000 and above, iSecure More offers attractive rebates in premium.
Multiple Option for policy terms:Opt for one of the four policy terms 10, 15, 20 and 25 years depending on your needs.
Alter premium payment frequency:Premium can be paid in monthly, quarterly, half-yearly and annually. You can change the premium payment frequency on any policy anniversary.

	Minimum	Maximum
Sum Assured (in Rs.)	2,50,000	No Limit
Policy Term (in years)	10	25
Premium Payment Term (in years)	Equal to policy term
Entry Age of Policyholder (in years)	18	60
Age at Maturity (in years)	28	70
Premium (in Rs.)	1,500 for Yearly, 750 for Half-Yearly, 400 for Quarterly and 150 for Monthly	No Limit
Payment modes	Yearly, Half-Yearly, Quarterly and Monthly

Maturity Benefit :No maturity benefit shall be payable on survival till the end of the policy term.
Tax Benefits :Premium paid are eligible for tax benefits under section 80C of the Income Tax Act and death benefit is eligible for tax benefit under Section 10( 10D) of the Income Tax Act, subject to the provision stated therein..

CIN: U66000KA2018PTC117713 | IRDAI Web aggregator License Code Number: IRDAI / INT / WBA /53/ 2018, Valid till 07/08/2025