Some life goals, like purchasing your dream home or any other property,
iSecure Loan Decreasing Term Insurance Plan
Some life goals, like purchasing your dream home or any other property, might require a little support in form of a loan, which you pay during your earning years. As a responsible earning member of the family, you do whatever it takes to ensure the life goals of your loved ones are on track no matter what the situation is around. Hence, it will be a prudent move to protect your family from any stress of loan repayment in case something happens to you. Bajaj Allianz iSecure Loan, a mortgage cover term assurance plan, is designed for just that. It will help in covering any loan liability in your absence, and at the same time enable your family members to focus on achieving their life goals without being distracted.
KEY ADVANTAGE
ELIGIBILITY
Entry Age
Minimum age is 18 years
Maximum age is 60 years
Sum Assured
Minimum Sum Assured is ` 3,00,000
Maximum Sum Assured is No Limit
Policy Term
10, 15, 20 & 25 years
Maturity Age
Minimum Maturity Age
28 years
Maximum Maturity Age
65 years
Premium Paying Term
2/3rd of the policy term chosen; rounded down in years
Minimum Installment Premium
1,500 per yearly installment`
750 per half-yearly installment`
400 per quarterly installment
150 for monthly installment
For monthly installment, three (3) installments need to be paid
at the inception of the policy.
Maturity Age
Minimum Maturity Age
28 years
Maximum Maturity Age
65 years