Bajaj Allianz iSecure More is the latest plan launched to address varied and growing customer needs. ‘iSecure More Insurance Plan’ is an increasing cover term plan to take care of increasing financial needs. In other words, it fulfills the requirement for people whose needs, responsibilities, liabilities, etc. keep rising over the years.
In this insurance plan, the sum assured chosen for at the beginning of the tenure, keeps increasing by 5% every year till it reaches twice the initial amount. It can be taken for joint life also where the spouse can be included at a later date as well.
iSecure More Insurance Plan Highlights -
. This plan has Death Benefit only and no Maturity Benefit
. Single and joint life cover available
. Benefit from increasing life cover of 5% in sum assured at each policy anniversary
(up to a maximum of twice the sum assured at policy inception)
. More value for money with high sum assured rebate
. Policy term available from 10 years to 25 years
. Flexibility to change premium payment frequency
. Pay future premiums in advance and get appropriate discount
. 3 additional riders available for enhanced protection
. Tax Benefits
Read our expert review of Bajaj Allianz iSecure More Insurance Plan
Commenting on the launch of new plan, Rituraj Bhattacharya, Head-Market Management, Bajaj Allianz Life Insurance said, “We realize that every customer has a different financial objective which drives them to seek financial security. The new iSecure range of products address the need for hassle-free loan protection with a wide range of interest rates, offer enhanced life cover without any extra premium.”
“With the reasonable premiums, we feel that the iSecure range will serve as an affordable medium of financial security for all customer profiles,” he added.