A savings plan that helps you save towards meeting your goals, at the same time it gives you the flexibility of withdrawing your savings with all the benefits accrued, anytime during the Flexi benefit period.
Ask an Advisor35 year old Siddharth chooses our Bharti AXA Life Flexi Save with a policy term of 20 years as he wishes to receive guaranteed benefits along with the flexibility of withdrawing money any time during the flexi benefit pay-out period. He pays an annual premium of ₹ 30,000 for 5 years for a Sum Assured of ₹ 1,69,943.
Starts paying an annual premium of ₹ 30,000*
Flexi Benefit period from 10th to 20th Policy year. At any time, he can decide to pre-pone the maturity benefit and avail the full benefits due i.e. 100% Sum Assured plus accrued bonus till date plus terminal bonus, if any.
If Siddharth survives, he receives ₹ 3,02,243 at maturity (Sum Assured ₹ 1,69,943 along with accrued bonuses + terminal bonus at maturity @8% of ₹ 1,32,300)
Accrued bonuses + terminal bonus at maturity @4%: ₹ 66,150
*Premium is exclusive of service tax and cess
# 4% and 8% rates are used only for illustration purposes and are not guaranteed. The values represented with 4% & 8% are not the upper or lower limits of what one can expect from this policy, as it is dependent on number of factors including investment performance
In case of his untimely death, his family will receive the Sum Assured or 105% of Premiums paid or 11 times Annual Base premium + accrued reversionary bonus and terminal bonus, if any.
Parameter/ PPT |
5 Pay |
7 Pay |
12 Pay |
Policy term |
20 years |
25 years |
30 years |
Min age at entry |
8 years |
3 years |
0 years |
Max age at entry |
65 years |
60 years |
55 years |
Max age at Maturity |
85 years |
85 years |
85 years |
Flexi Benefit Period |
Any time between 10 to 20 years |
Any time between 15 to 25 years |
Any time between 20 to 30 years |
A plan that offers you the choice to withdraw your savings when you want to and helps you achieve your goals at all life stages.
Anytime during the Flexi benefit period, you can decide to with draw your savings and avail the full benefits due in the policy
Premium Paying Term |
5 pay |
7 pay |
12 pay |
Flexi Benefit Period |
Any time between the end of 10 to 20 years |
Any time between the end of 15 to 25 years |
Any time between the end of 20 to 30 years |
Non-Guaranteed Simple reversionary bonus, starting from the first policy year, paid out along with Maturity benefit or Death benefit (whichever is earlier) along with terminal bonus (if any).
In case of an unfortunate event of death of the life insured, Nominee to receive
On maturity of the policy, you receive
You can avail the tax benefits on the premiums paid under the Income Tax Act, 1961.
Age/Premium Payment Term |
5 years |
7 years |
12 years |
0 |
62.33 |
||
1 |
62.33 |
||
2 |
62.33 |
||
3 |
113.73 |
62.33 |
|
4 |
113.73 |
62.33 |
|
5 |
113.73 |
62.33 |
|
6 |
113.73 |
62.33 |
|
7 |
113.73 |
62.33 |
|
8 |
170 |
113.73 |
62.33 |
9 |
170.24 |
113.73 |
62.33 |
10 |
170.48 |
114.19 |
62.68 |
11 |
170.73 |
114.69 |
63.01 |
12 |
170.97 |
115.18 |
63.34 |
13 |
171.21 |
115.68 |
63.67 |
14 |
171.45 |
116.17 |
64.01 |
15 |
171.69 |
116.67 |
64.34 |
16 |
171.94 |
117.17 |
64.67 |
17 |
172.18 |
117.67 |
65.01 |
18 |
172.42 |
118.17 |
65.35 |
19 |
172.66 |
118.67 |
65.68 |
20 |
172.9 |
119.17 |
66.02 |
21 |
173.15 |
119.66 |
66.35 |
22 |
173.39 |
120.15 |
66.68 |
23 |
173.63 |
120.63 |
67 |
24 |
173.87 |
121.1 |
67.32 |
25 |
174.11 |
121.56 |
67.63 |
26 |
174.35 |
122.01 |
67.94 |
27 |
174.6 |
122.46 |
68.24 |
28 |
174.84 |
122.89 |
68.54 |
29 |
175.08 |
123.32 |
68.83 |
30 |
175.32 |
123.74 |
69.11 |
31 |
175.56 |
124.15 |
69.39 |
32 |
175.81 |
124.55 |
69.66 |
33 |
176.05 |
124.94 |
69.93 |
34 |
176.29 |
125.33 |
70.19 |
35 |
176.53 |
125.7 |
70.45 |
36 |
176.77 |
126.08 |
70.7 |
37 |
177.02 |
126.47 |
70.97 |
38 |
177.26 |
126.88 |
71.24 |
39 |
177.5 |
127.3 |
71.53 |
40 |
177.74 |
127.74 |
71.84 |
41 |
177.98 |
128.2 |
72.15 |
42 |
178.23 |
128.67 |
72.47 |
43 |
178.47 |
129.17 |
72.81 |
44 |
178.71 |
129.68 |
73.16 |
45 |
178.95 |
130.2 |
73.52 |
46 |
179.19 |
130.74 |
73.88 |
47 |
179.44 |
131.28 |
74.25 |
48 |
179.68 |
131.82 |
74.63 |
49 |
179.92 |
132.38 |
75.01 |
50 |
180.16 |
132.93 |
75.39 |
51 |
180.4 |
133.5 |
75.78 |
52 |
180.65 |
134.07 |
76.17 |
53 |
180.89 |
134.65 |
76.57 |
54 |
181.13 |
136.25 |
76.97 |
55 |
181.37 |
138.48 |
77.38 |
56 |
181.61 |
141.08 |
|
57 |
181.85 |
144.36 |
|
58 |
182.1 |
147.12 |
|
59 |
182.34 |
149.25 |
|
60 |
182.58 |
152.67 |
|
61 |
182.82 |
||
62 |
183.06 |
||
63 |
183.31 |
||
64 |
183.55 |
||
65 |
183.79 |
||
These Premium Rates are per 1000 Sum Assured |