Ageas Federal Life
iSecure Plan
Sample premium
₹14,640 a year*
Term Life Insurance · head to head
iSecure Plan vs RockSolid Term Insurance
Pramerica Life
RockSolid Term Insurance
Sample premium
₹24,315 a year*
Quick verdict
- RockSolid Term Insurance is better for insurer's claim payout record.
Computed from stored specifications, the published term life insurance scoring rules and recorded prices. Not an opinion.
Specifications side by side
Spec
iSecure Plan
RockSolid Term Insurance
Eligibility
Minimum entry age
21 years
18 years
Maximum entry age
65 years
65 years
Maximum maturity age
85 years
85 years
Policy term
Regular/Single Pay: minimum 10 years; Limited Pay: 7 PPT-12 PT, 10 PPT-15, 15 PPT-20, 20 PPT-25, 25 PPT-30 minimum; maximum lower of (64 years; 85 - Age at Entry)
10 to 30 Years and Up to Age 65, 70, 75, 80, 85
Minimum sum assured
₹50,00,000
₹50,00,000
Maximum sum assured
No limits (subject to Board approved underwriting policy)
Subject to Board Approved Underwriting Policy
Plan
Plan options
Life Cover, Life Cover with Return of Premium
—
Premium payment
Single Pay, Regular Pay, Limited Pay (7, 10, 15, 20 & 25 years); Single Pay, Yearly, Half-Yearly and Monthly
Regular Pay (equal to policy term); Limited Pay 5, 10, 15, To Age 60; Single Pay; Annual, Semi-Annual, Monthly
Return of premium option
Yes
No
Death benefit payout
Lump sum
Lump Sum Payout; Monthly Income over 5 or 10 years; Lump sum plus Monthly Income (lump sum 10% to 90% in multiples of 10%)
Riders
—
Pramerica Life Accidental Death Benefit Rider (UIN: 140B029V01), Pramerica Life Accidental Total and Permanent Disability Rider (UIN: 140B027V01), Pramerica Life Critical Illness Rider (UIN: 140B026V01), Pramerica Life Waiver of Premium Rider (UIN: 140B028V01)
Waiver of premium
—
Via Pramerica Life Waiver of Premium Rider (optional)
Premium
Sample annual premium
₹14,640
₹24,315
Sample premium is for
Healthy non-smoker male, age 30, Life Cover option, Sum Assured Rs 1 Cr, Policy Term 35 years, Premium Payment Term 25 years (limited pay; not the 30-year regular-pay profile). Tax inclusion not stated. Only sample rate given for age 30.
Non-smoker, age 35 (named 'Manish'; gender not explicitly stated), Sum Assured Rs 1 Crore, policy term up to age 75 (40 years), premium paid annually for the entire policy term (regular pay). Tax treatment not stated. Only base-cover premium figure in brochure.
Insurer
Death claims settled (insurer)
98.52%
99.18%
Claims figures for
FY 2024-25: individual death claims paid out of claims decided and pending, by number, computed from IRDAI Handbook on Indian Insurance Statistics (Table 15)
FY 2024-25: individual death claims paid out of claims decided and pending, by number, computed from IRDAI Handbook on Indian Insurance Statistics (Table 15)
IRDAI UIN
135N088V02
140N079V01
A tick marks the better value where the category rules say higher (or lower) is better. Text values are shown without a winner. Ties have no winner.
Pros and cons
iSecure Plan
- Pro: Return-of-premium option available
RockSolid Term Insurance
No stated figure stands out against similar models on Comparezi, either way.