Spot Guarantee Builder - Life Insurance Policy Key Benifits

Simplified sign up process – no lengthy documentation or medical check-ups

Invest in the equity markets with the benefit of protection of your capital

The guarantee can also potentially grow every year to increase your protection Spot Guarantee Builder - Life Insurance Policy

  • You want a hassle-free process of buying insurance, without wasting too much time on it
  • You want the best of both worlds – capital protection when the markets are down and growth when the market is up
  • What are the key features?

    • Just fill the application form and answer simple health questions
    • Quick Cover - Get the advantage of faster, priority processing of your application to start your insurance protection
    • High Protection (on Maturity): Opportunity to participate in equity markets over the long term while having the comfort of a Guaranteed Maturity Value
    • Get the reassurance that your Guaranteed Maturity Value may keep increasing over time
    • High Insurance Protection: Sum Assured + Fund Value
  • What is the Guarantee that I get from this product?

    In this product, you will get 100% maturity guarantee on all the investment premiums paid by you as Guaranteed Maturity Value.
    This guarantee can also increase every year, thus potentially giving you upto 115% of all the investment premiums paid by you. (Subject to conditions)

  • What will I get back?

    • Special additions in the 10th and the 15th year to boost your benefit
    • On maturity, get higher of actual maturity value OR Guaranteed Maturity Value
    • Death benefit = Sum Assured as chosen by you + Fund Value
    • In case of an unfortunate event of death due to an accident, get 50% (of Sum Assured) extra as special death benefit
  • Where can I invest my money?

    At the time of buying this plan, your money, by default, will be invested in the Guaranteed Fund – Build ‘n’ Protect Fund. However, any time after completion of 1 policy year, you have the option to move out of the Guaranteed Fund to any of the other 6 funds as per your objective.

    Please note that in case you move out of the Guaranteed Fund, you will lose the benefit of the Guaranteed Maturity Value

  • What are the tax benefits?

    You can avail of tax benefits on the premiums paid under Section 80C of the Income Tax Act (up to Rs 100,000) and the benefits received under section 10(10D), as per the prevailing tax laws of the Income Tax Act, 1961

(UIN - 130L020V02)

For detailed policy information:

To know your premium

Get Spot Guarantee Builder - Life Insurance Plan
Call Toll Free 1800-102-4444 SMS SERVICE to 56677 Email Us service@bharti-axalife.com Have us call you
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