We have always advocated that term plan is the best whenever one goes for insurance and seeing the credibility of this plan Bajaj Allianz has launched an online term plan iSecure which is offering additional riders covers like critical illness, accidental death benefit and hospital cash allowance.
Features of iSecure
- You can increase 5% sum assured at each policy anniversary and this subject to maximum of twice the sum assured at policy inception.
- Another significant aspect is that one can include his spouse at a later date post marriage.
- Minimum/Maximum entry age for this plan is 18 years/70 years respectively.
Minimum Sum assured is Rs 2.5 lakh with no max limit. Higher the insurance cover (above 20 lakhs) the individual gets a better deal.
- The term of policy can be 10, 15, 20 & 25 years and has minimum maturity age as 28 years with max maturity age as 70 years