Bharti Axa Bharti Axa

Bharti AXA Life Aajeevan Sampatti+

(UIN: 130N058V02)
(ADVT II-JAN-2018-1566)

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.
Ask an Advisor

4 Reasons to Buy
  • Whole Life Cover Plan: The product offers the choice of 3 premium payment terms of 7 years, 10 years and 15 years with life cover upto age 85 and 100 years as Policy Term
  • Guaranteed Annual Payouts: Receive Guaranteed Annual Payouts equal to 5.5% or 6% of the Sum Assured (depending upon the policy term chosen) from 10th Policy year onwards, until maturity or death whichever is earlier, provided the policy is in force.
  • Maturity Benefit along with Cash Bonuses: The product also offers non-guaranteed cash bonuses and is paid out every year starting from the 6th Policy year until maturity or death whichever is earlier. At the time of Maturity, receive 100% of the Sum Assured as Maturity Benefit provided the policy is in force.
  • Tax benefits: You can avail the tax benefits on the premiums paid and the benefits received subject to the prevailing provisions under Income Tax Act, 1961. The tax benefits are subject to change as per change in Tax laws from time to time.

Plan Details

How it works?

Let’s take a look at this case study

30 year old Rahul chooses our Bharti AXA Life Aajeevan Sampatti+ for a Sum Assured of Rs. 5,00,000 with a coverage till he turns 100 years of age. He pays an annual premium of Rs 107,310 p.a (exclusive of taxes) for 10 years.

  • Starts paying an annual premium of 1,07,310

    1ST POLICY YEAR
  • Non-guaranteed cash bonuses are paid until maturity or death

    6TH POLICY YEAR
  • Finishes paying annual premium

    10TH POLICY YEAR
  • Guaranteed annual payouts of 27,500 begins

    11TH POLICY YEAR
  • If Rahul survives until the age of 100, he will receive a maturity amount of5,00,000

    70TH POLICY YEAR

* The gross rate of return shown above is the return earned on the participating fund of the company and is not guaranteed.

Needs met:
  • The regular payouts of this Policy help Rahul preserve his other savings, ensuring his funds are used as intended.
Sad Demise
  • The Life Insurance benefit of the Policy ensures that if something unfortunate were to happen to Rahul before the Policy matures, his family will receive Rs 11,80,410 as Life Insurance benefit.
Parameter Eligibility Criteria
Minimum age at entry
(age last birthday)
91 days
Maximum age at entry
(age last birthday)
60 years for ‘To age 100’ policy term
50 years for ‘To age 85’ policy term
Maximum Age at Maturity entry
(age last birthday)
100 or 85 years depending on the policy term chosen
Premium Payment Term 7 years, 10 years & 15 years
Minimum Sum Assured (Rs.) Rs 50,000
Maximum Sum Assured Rs.) No Limit, subject to underwriting
Minimum Premium (Rs.) Will depend on the minimum Sum Assured on Maturity
Premium Payment Modes Annual, semi- annual, quarterly* & monthly*

*Through auto pay only

1) 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.

2) Guaranteed Annual Payouts: 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. The Guaranteed Annual Payout percentage depends on the Policy term option chosen and is mentioned below.

Policy Term Guaranteed Annual Payout Percentage
To age 100 5.5% of Sum Assured on Maturity
To age 85 6% of Sum Assured on Maturity

3) Cash Bonuses: This Policy also offers Non-guaranteed cash bonuses subject to the policy being inforce. The Policy participates in the performance of the participating insurance fund and surplus is distributed as bonus. This Non-guaranteed benefit (as percentage of Sum Assured on Maturity) is paid out as a cash bonus every year starting from the 6th Policy year, until maturity or death, whichever is earlier. No bonuses shall be payable in the first 5 policy years.

4) Death Benefit: Your coverage under the Policy will continue until you reach the age of 100 or 85 years as per the Policy term selected. In case of unfortunate event of loss of life of Life insured (applicable even in case of minor lives), subject to the policy being inforce the Sum Assured payable on death will be higher of:

  • Sum Assured on Maturity OR
  • 11 times Annualised Premium

5) Tax Benefits: You may be eligible for 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) of the Income Tax Act, 1961. The tax benefits are subject to change as per change in tax laws from time to time.

Here are the age wise premium rates

For Sum Assured 50,000 to < 4,00,000

Age 7 Pay 10 Pay 15 Pay

0

305.06

216.02

138.69

1

305.06

216.02

138.69

2

305.06

216.02

138.69

3

305.06

216.02

138.69

4

305.06

216.02

138.69

5

305.06

216.02

138.69

6

305.06

216.02

138.69

7

305.06

216.02

138.69

8

305.06

216.02

138.69

9

305.07

216.34

138.79

10

305.26

216.51

138.88

11

305.79

216.63

138.96

12

306.21

216.76

139.03

13

306.72

216.88

139.10

14

307.29

216.99

139.16

15

307.88

217.14

139.22

16

308.44

217.25

139.29

17

309.09

217.37

139.36

18

309.66

217.51

139.43

19

310.32

217.62

139.48

20

310.94

217.74

139.56

21

311.55

217.88

139.62

22

312.28

218.00

139.70

23

313.02

218.12

139.77

24

313.83

218.23

139.82

25

314.66

218.37

139.88

26

315.85

218.49

139.97

27

316.94

218.62

140.02

28

318.16

218.75

140.11

29

319.51

218.86

140.16

30

320.93

219.00

140.23

31

322.66

219.11

140.31

32

324.68

219.24

140.37

33

326.74

219.37

140.45

34

329.07

219.49

140.50

35

331.46

219.61

140.57

36

332.88

220.45

141.24

37

334.18

221.07

141.95

38

336.81

222.92

143.00

39

338.75

223.90

144.02

40

341.04

224.78

145.40

41

343.55

225.92

146.80

42

345.98

227.48

147.86

43

349.06

229.90

148.92

44

351.46

231.12

150.18

45

354.48

233.11

151.47

46

357.66

235.35

152.73

47

360.94

237.62

154.06

48

363.13

239.93

155.37

49

364.81

241.21

156.67

50

367.19

243.55

157.93

51

370.74

245.02

159.37

52

371.49

247.52

160.94

53

372.25

249.06

161.55

54

373

251.62

163.00

55

373.76

253.19

165.48

56

374.52

255.78

167.97

57

375.27

257.43

169.42

58

376.03

259.07

171.88

59

376.78

261.98

173.31

60

377.54

264.58

175.50

For Sum Assured : 4,00,000 & above

Age 7 Pay 10 Pay 15 Pay

0

298.96

211.70

135.92

1

298.96

211.70

135.92

2

298.96

211.70

135.92

3

298.96

211.70

135.92

4

298.96

211.70

135.92

5

298.96

211.70

135.92

6

298.96

211.70

135.92

7

298.96

211.70

135.92

8

298.96

211.70

135.92

9

298.97

212.01

136.01

10

299.15

212.18

136.10

11

299.67

212.30

136.18

12

300.09

212.42

136.25

13

300.59

212.54

136.32

14

301.14

212.65

136.38

15

301.72

212.80

136.44

16

302.27

212.91

136.50

17

302.91

213.02

136.57

18

303.47

213.16

136.64

19

304.11

213.27

136.69

20

304.72

213.39

136.77

21

305.32

213.52

136.83

22

306.03

213.64

136.91

23

306.76

213.76

136.97

24

307.55

213.87

137.02

25

308.37

214.00

137.08

26

309.53

214.12

137.17

27

310.6

214.25

137.22

28

311.8

214.38

137.31

29

313.12

214.48

137.36

30

314.51

214.62

137.43

31

316.21

214.73

137.50

32

318.19

214.86

137.56

33

320.21

214.98

137.64

34

322.49

215.10

137.69

35

324.83

215.22

137.76

36

326.22

216.04

138.42

37

327.5

216.65

139.11

38

330.07

218.46

140.14

39

331.98

219.42

141.14

40

334.22

220.28

142.49

41

336.68

221.40

143.86

42

339.06

222.93

144.90

43

342.08

225.30

145.94

44

344.43

226.50

147.18

45

347.39

228.45

148.44

46

350.51

230.64

149.68

47

353.72

232.87

150.98

48

355.87

235.13

152.26

49

357.51

236.39

153.54

50

359.85

238.68

154.77

51

363.33

240.12

156.18

52

364.06

242.57

157.72

53

364.81

244.08

158.32

54

365.54

246.59

159.74

55

366.28

248.13

162.17

56

367.03

250.66

164.61

57

367.76

252.28

166.03

58

368.51

253.89

168.44

59

369.24

256.74

169.84

60

369.99

259.29

171.99

  • Rates are per thousand Sum Assured
  • There is a 3 year setback for female lives

For added protection the following riders can be availed by paying additional premium along with Bharti AXA Life Aajeevan Sampatti+

  • Bharti AXA Life Hospi Cash Rider (UIN: 130B007V02): This rider allows payment of a fixed benefit for each day of hospitalization and also provides lump sum benefit in case of surgery.

  • Bharti AXA Life Accidental Death Benefit Rider(UIN: 130B008V01): Under this rider you will receive additional sum assured as chosen in case of unfortunate event of death due to an accident.

  • Bharti AXA Life Premium Waiver rider (UIN: 130B005V03): 100% of all future premiums under the base policy are waived and paid by the company on the death & total permanent disability or critical illness of Proposer, depending on the chosen option.

Please refer rider brochure for complete details on terms and conditions and exclusions before opting for the rider.