Saving And Investment Plans
Bharti AXA Aajeevan Sampatti+
Synopsis:
fjrigjwwe9r3SDPrivInsuProd:Synopsis
A savings plan that offers dual benefits of guaranteed annual pay-outs with life cover up to age 100. You can also enjoy additional(non-guaranteed) cash bonuses till Maturity.
Features:
fjrigjwwe9r3SDPrivInsuProd:Features
- Flexibility in Policy Term/Premium Payment Terms
- Increasing Survival Payouts
- Maturity Benefit
- Tax benefits
Benefits:
fjrigjwwe9r3SDPrivInsuProd:Benefits
- Dual benefit of guaranteed payouts and protection in your lifetime
- You may choose a Premium Payment Term of 10 years or 15 years at inception of your Policy
- This plan assures Guaranteed Annual Payouts until Maturity (except in the policy year coinciding with maturity). Once you complete the 10th Policy year, you will start receiving an annual payout until maturity or death of Life Insured, whichever is earlier, subject to policy being in-force
- This Policy also offers non-guaranteed cash bonuses subject to the policy being in-force
- Life Insurance benefit:
Your coverage under the Policy will continue until you reach the age of either 100 or 85 years as per the Policy term selected
- Maturity Benefit:
Sum Assured on Maturity is paid if the Life Insured survives till the maturity of the Policy and the policy is in-force
- Discounts on opting for a Higher Sum Assured:
You will be eligible to receive a discount on your base premium rate if you opt for a Sum Assured on Maturity of Rs. 4,00,000 or more
- Tax Benefits:
You may avail of tax benefits on the premiums paid as well as the benefits received as per the prevailing tax laws under Section 80C and Section 10 (10D)
Eligibility:
fjrigjwwe9r3SDPrivInsuProd:Eligibility
Minimum age at entry |
Policy Term |
Age at Entry |
|
15 years |
3 years |
|
19/23/29 years |
91 days |
The insurance cover will start immediately on policy commencement for all lives including minors |
|
|
Maximum age at entry |
55 years for all Policy Terms |
|
Maximum Age at Maturity |
Policy Term |
Age at Maturity |
|
15 years |
70 years |
|
19 years |
74 years |
|
23 years |
78 years |
|
29 years |
84 years |
|
15 years |
|