Below we are discussing 10 such best guaranteed income plans in India to invest in 2022:
1. Icici prudential cash advantage plan
2. Max life guranted income plan
3. Bajaj allianz save assure plan
4. LIC New Jeevan anand
5. Edelweiss tokio Life G CAP Plan
6. SBI Life smart money back gold plan
8. Tata AIA Life Insuarnce Secure 7 Plan
4. Kisan Vikas Patra (KVP)
9. HDFC life sampoorn samridhi plus plan
10. PNB metlife money back plan
1. Single lump sum pay out.
2. Convenient mode of premium payment.
3. Complete protection for the entire family (in case of death of insured).
4. Provide a bonus if announced by the insurer.
The ICICI Prudential Cash Advantage Plan is one such plan that augments regular income of the insured.
1. Can change the mode of benefit earned after the plan matures.
2. Allow transfer of income
3. Minimum sum assured is 1 lakh rupees.
4. Minimum policy age is 25 years for entry.
Max Life Guaranteed Income Plan allows the insured to receive guaranteed income for over 10 years.
5. No loan facility available with this plan.
6. No loan facility available with this plan.
1. Suits best for those wanting to improve their financial conditions.
2. Minimum sum assured is Rs.1 lakh with no maximum limit.
3. Offers high sum assured concession to save money.
The Bajaj Allianz Save Assure plan is again a conventional endowment plan that insured a chance to earn money through savings by obtaining life insurance protection.
1. Minimum sum assured is Rs.1 lakh, no maximum limit.
2. Comes with several benefits.
3. Policy duration is 15 to 35 years, which can be selected as per requirement.
This is the plan to choose if you want an income plan with best-guarantee and a life without trouble.
4. Policy duration is 15 to 35 years, which can be selected as per requirement.
1. Assured advantages.
2. Allow the insured to choose the policy period and terms of premium pay.
3. Minimum entry age is 91 days, while 55 years is the maximum age of entry.
The Edelweiss Tokio Life G CAP Plan supports the insured in gaining wealth to allow them to reach their life goals.
4. The policy can be bought for different durations of 10 years, 15 years, 20 years, 25 years and 30-year as per requirement.
1. Minimum sum assured is Rs.75,000, while there is no maximum limit.
2. The plan offers 4 options to suit your needs.
3. It offers rider benefits for comprehensive coverage.
The SBI Life Smart Money Back Gold Plan is a money-back policy with non-linked options.
4. The plan offers high protection.
5. The plan duration differs for 4 of its options including 12, 15, 20 and 25 years.
1. This guaranteed return investment plan allows the insured to earn high revenue.
2. Discounts available on high sum assured.
3. Monthly income begins after the 10th year period and continues with 15 years of pay-out.
This plan from Canara bank suits best to those who want to enjoy fixed monthly pay and bonus.
1. Maturity benefit is available on 25% sum assured.
2. Ensure more income to the insured person.
3. Minimum assured sum is Rs.2.5 lakhs, while there is no maximum amount fixed.
This guaranteed return insurance plan safeguards return on investment.
1. Minimum sum assured is 2.5 lakhs rupees, while maximum is 2.5 crores rupees.
2. Plan doesn’t have any loan facility or additional riders facility.
3. 10% of the sum assured is received as a survival benefit during the fifth to nine years.
This is a traditional and best guaranteed income plan with money-back that offers easy liquidity via regular pay-outs.
4. Duration of the plan is 10 years.
5. It allows more returns to the insured.
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