Bharti AXA Life Monthly Income Plan+

*Through ECS only.

A limited premium payment traditional insurance plan ensuring a guaranteed monthly income that helps to fulfill your loved ones desires while protecting them in case of an unfortunate event.

Guaranteed Monthly Income which is Tax-Free^# :

You start receiving Guaranteed Monthly Income after the completion of the Premium Payment Term, until Maturity, provided the policy is in force. This income is tax-free^#.You have the flexibility to choose the Monthly Income you wish to receive, which decides your premium amount.

#Subject to the prevailing provisions

Potential Upside through Bonuses:

Non-Guaranteed Simple Annual Reversionary Bonuses get accrued to the policy from the end of 1st policy year and get paid out on Maturity or on death. You may also receive non-guaranteed terminal bonus either on death or maturity.

Life Insurance Benefit:

In case of the unfortunate death of the Life Insured, a percentage of Monthly Income is payable to the nominee from the next policy month onwards and continues for the next 8, 10 or 15 years depending on the Policy Term option chosen at inception of the policy. This payout is made over and above the Monthly Income payouts made before the death of the Life Insured.

The accrued Non-Guaranteed Annual Reversionary bonuses and Non-Guaranteed Terminal bonus are paid out on death as a lump sum along with the first monthly income Instalment.

The accrued Non-Guaranteed Annual Reversionary bonuses and Non-Guaranteed Terminal bonus are paid out on death as a lump sum along with the first monthly income Instalment.

Premium Discount:

Tax benefits:

for Premiums paid and benefits received, are as per the prevailing tax laws which are subject to changes.

Here Are The Age Wise Premium Rates

You may enhance your protection under this Plan by opting for the following rider(s)

• Bharti AXA Life Hospi Cash Rider (UIN:130B007V04): This rider allows payment of a fixed benefit for each day of hospitalisation. It also offers a fixed amount benefit if you are admitted in an Intensive Unit Care or a lump sum benefit in case of surgery.
• Premium Waiver rider (UIN: 130B005V04): 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.
• Bharti AXA Life Accidental Death Benefit Rider (UIN:130B008V02): This is a non-linked and regular pay rider that provides 100% Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in-force.

Please refer to the rider brochure for complete details on terms and conditions and exclusions before opting for the rider. Riders are optional and are available at an extra cost.