Bajaj Life
iSecure II
Sample premium
₹13,451 a year*
Term Life Insurance · head to head
iSecure II vs RockSolid Term Insurance
Pramerica Life
RockSolid Term Insurance
Sample premium
₹24,315 a year*
Quick verdict
- iSecure II is better for low minimum cover.
Computed from stored specifications, the published term life insurance scoring rules and recorded prices. Not an opinion.
Specifications side by side
Spec
iSecure II
RockSolid Term Insurance
Eligibility
Minimum entry age
18 years
18 years
Maximum entry age
65 years
65 years
Maximum maturity age
85 years
85 years
Policy term
Life: 10 to [85 minus Age at Entry]; ROP: 10 to 50; Easy: 10 to 30 (minimum depends on PPT)
10 to 30 Years and Up to Age 65, 70, 75, 80, 85
Minimum sum assured
₹10,00,000
₹50,00,000
Maximum sum assured
Life & ROP Variant: No Limit; Easy Variant: Rs. 30,00,000; as per the Board Approved Underwriting Policy (BAUP)
Subject to Board Approved Underwriting Policy
Plan
Plan options
Life, ROP, Easy
—
Premium payment
Regular Pay or Limited Pay (5, 10, 15, 20, 25 years); Yearly / Half-yearly / Quarterly / 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
One-time lump sum; partly lump sum and partly monthly income for 5/10/20/30/40 years; monthly income for 5/10/20/30/40 years
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
Bajaj Life Accidental Death Benefit Rider (UIN 116B034V02), Bajaj Life Accidental Permanent Total/Partial Disability Benefit Rider (UIN 116B036V02), Bajaj Life Family Protect Rider (UIN 116B056V01), Bajaj Life New Critical Illness Benefit Rider (UIN 116B058V01)
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
₹13,451
₹24,315
Sample premium is for
Brochure illustration (Life variant): Ravi, 35 year old non-smoker, Sum Assured Rs 25 lakhs, policy term and premium payment term 50 years, annual premium Rs 13,451 (exclusive of GST). Gender not explicitly stated. NOTE: SA Rs 25 lakh, age 35, 50-year term.
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)
99.29%
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
116N208V03
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 II
- Pro: Return-of-premium option available
RockSolid Term Insurance
No stated figure stands out against similar models on Comparezi, either way.