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Product Information
Saving And Investment Plans BHARTI AXA LIFE Invest Once
Synopsis:
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A savings plan that offers multiple benefits such as guaranteed additions of up to 9% p.a., 10 times life cover and tax-saving benefits. All you have to do is make a single Premium payment and choose between Policy Terms of 5 or 10 years.

Features:

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  • Single Premium plan
  • Guaranteed additions as high as 9% that are paid out at Maturity providing a lump sum benefit
  • Flexibility to choose between two plan terms; 5 and 10 years
  • Receive Tax benefits on the Premiums paid and pay-out benefits received

Benefits:

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  • Guaranteed Additions:
    Guaranteed Additions are calculated as a percentage of the Single Premium and will be added every year till the end of the policy term
  • Flexibility to choose between two terms:
    You have the option to choose between two policy terms of 5 years or 10 years while you pay premiums only once 1.Life Insurance Benefit 2.Maturity Benefit If the policy is in force and the Life Insured survives to the Maturity Date of the policy, then the maturity benefit equal to Sum Assured on Maturity will be payable which is 100% of Single Premium along with Total Guaranteed Additions accrued during the Policy Term (excluding Mortality Premium, if any).
Eligibility:
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Minimum age at entry (age last birthday): 8 years for 10 years term
13 years for 5 year term
Maximum age at entry (age last birthday): 55 years
Maximum Maturity Age (age last birthday): 60 years for 5 years term
65 years for 10 year term