Take the first step towards saving with this non-linked, participating, Endowment savings plan. With regular savings you can build your own corpus that will help meet your aspirations. At Maturity, enjoy 100% Sum Assured on Maturity along with accrued non-guaranteed bonuses.
*Life Insurance coverage is available under this product.
Ask an AdvisorLET’S TAKE A LOOK AT THIS CASE STUDY
35 year old Abhay chooses our Bharti AXA Life Samriddhi to meet his retirement needs and pays ₹ 50,000 as annual premium for 25 years for a Sum Assured of ₹ 13,96,258. He enjoys a life cover for 25 years.
Starts paying an annual premium of ₹ 50,000*
He continues to pay an annual premium of ₹ 50, 000*
He receives a maturity benefit of ₹ 17,41,832 (Sum Assured ₹ 13,96,258 + Bonus# ₹ 3,45,574) @ 4%# p.a. ORAt maturity he receives a maturity benefit of ₹ 27,59,355 (Sum Assured ₹ 13,96,258 + Bonus# ₹ 13,63,097) @ 8%# p.a.
Disclaimer: # 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
#Bonus includes Accrued Non-Guaranteed Simple Reversionary Bonus and Non-Guaranteed Terminal Bonus.
*Premium is exclusive of service tax
Premium Payment Term | Policy Term | Minimum Age | Maximum Age |
---|---|---|---|
5 Years |
10 years |
8 years |
55 years |
10 Years |
10 years |
8 years |
55 years |
12 Years |
20 years |
0 years |
50 years |
15 Years |
15 years |
3 years |
55 years |
20 Years |
20 years |
0 years |
50 years |
25 Years |
25 years |
0 years |
50 years |
30 Years |
30 years |
0 years |
45 years |
35 Years |
35 years |
0 years |
45 years |
Bharti AXA Life Samriddhi – a Non-linked, Participating, Individaul Life Insurance Savings plan, that offers protection for your family’s financial future by providing an opportunity to participate in the profits of participating fund of the company by way of Non-Guaranteed bonuses payable to you at the time of maturity or in case of any eventuality
Life Insurance Cover for your family
In case of an unfortunate event during the Policy Term, the sum of the following benefits will be payable to the Nominee, subject to the Policy being in force
The Basic Life insurance cover will be the higher of
However, the death benefit payable shall never be lower than 105% of all premiums paid (excluding any additional charges as levied by the Company over and above the standard premium rates).
Receive Lump sum Payout at Maturity
At maturity of the policy (in case the Life Insured survives till the maturity of the Policy and all premiums are duly paid), you receive
Potential to Receive Additional Earnings with Bonuses
The policy participates in the distribution of surplus or profits that may be declared by the Company. Non-Guaranteed Annual Simple Reversionary Bonus gets accrued to the policy at the end of each year provided all due premiums are paid. This accrued Non-Guaranteed Annual Simple Reversionary Bonus is paid out at the time of Maturity or on the loss of life of Life Insured, whichever is earlier. The company may also declare Non-Guaranteed Terminal Bonus which is also payable along with Maturity Benefit or Death Benefit.
Eight Premium Payment Term options to choose from
You can choose from the following Premium Payment term options
Limited Premium Payment Term option
Regular Premium Payment Term option
Save Tax
You may be eligible for the tax benefits on the premiums paid and on the benefits received subject to the prevailing provisions. The tax benefits are subject to change as per the change in tax laws from time to time.
Age/PPT | 5 years | 10 years | 12 years | 15 years | 20 years | 25years | 30 years | 35 years |
---|---|---|---|---|---|---|---|---|
0 |
- |
- |
70.09 |
- |
44 |
34.15 |
27.94 |
23.52 |
1 |
- |
- |
70.09 |
- |
44 |
34.15 |
27.94 |
23.52 |
2 |
- |
- |
70.09 |
- |
44 |
34.15 |
27.94 |
23.52 |
3 |
- |
- |
70.09 |
60.5 |
44 |
34.15 |
27.94 |
23.52 |
4 |
- |
- |
70.09 |
60.5 |
44 |
34.15 |
27.94 |
23.52 |
5 |
- |
- |
70.09 |
60.5 |
44 |
34.15 |
27.94 |
23.52 |
6 |
- |
- |
70.09 |
60.5 |
44 |
34.15 |
27.94 |
23.52 |
7 |
- |
- |
70.09 |
60.5 |
44 |
34.15 |
27.94 |
23.52 |
8 |
181.82 |
93.6 |
70.09 |
60.5 |
44 |
34.15 |
27.94 |
23.52 |
9 |
181.82 |
93.6 |
70.09 |
60.5 |
44 |
34.15 |
27.94 |
23.52 |
10 |
181.82 |
93.6 |
70.09 |
60.5 |
44 |
34.15 |
27.94 |
23.52 |
11 |
181.94 |
93.62 |
70.17 |
60.53 |
44.04 |
34.2 |
27.99 |
23.57 |
12 |
182.06 |
93.63 |
70.25 |
60.58 |
44.1 |
34.24 |
28.03 |
23.61 |
13 |
182.18 |
93.66 |
70.33 |
60.63 |
44.13 |
34.29 |
28.08 |
23.65 |
14 |
182.29 |
93.7 |
70.41 |
60.67 |
44.19 |
34.34 |
28.12 |
23.7 |
15 |
182.41 |
93.75 |
70.49 |
60.71 |
44.24 |
34.38 |
28.17 |
23.74 |
16 |
182.52 |
93.77 |
70.57 |
60.75 |
44.28 |
34.45 |
28.24 |
23.81 |
17 |
182.64 |
93.79 |
70.67 |
60.79 |
44.31 |
34.52 |
28.3 |
23.88 |
18 |
182.75 |
93.82 |
70.77 |
60.89 |
44.37 |
34.59 |
28.37 |
23.95 |
19 |
182.87 |
93.85 |
70.88 |
60.94 |
44.42 |
34.66 |
28.44 |
24.01 |
20 |
182.98 |
93.86 |
70.98 |
61.01 |
44.48 |
34.73 |
28.51 |
24.08 |
21 |
183.1 |
93.91 |
71.07 |
61.06 |
44.51 |
34.8 |
28.58 |
24.15 |
22 |
183.22 |
93.96 |
71.17 |
61.11 |
44.58 |
34.87 |
28.65 |
24.22 |
23 |
183.33 |
93.99 |
71.26 |
61.16 |
44.65 |
34.94 |
28.72 |
24.29 |
24 |
183.45 |
94.01 |
71.35 |
61.21 |
44.73 |
35.01 |
28.79 |
24.35 |
25 |
183.56 |
94.08 |
71.44 |
61.25 |
44.8 |
35.08 |
28.85 |
24.42 |
26 |
183.68 |
94.19 |
71.53 |
61.29 |
44.85 |
35.13 |
28.91 |
24.47 |
27 |
183.8 |
94.21 |
71.62 |
61.35 |
44.91 |
35.19 |
28.96 |
24.53 |
28 |
183.91 |
94.25 |
71.7 |
61.39 |
44.97 |
35.25 |
29.02 |
24.59 |
29 |
184.03 |
94.29 |
71.79 |
61.53 |
45.04 |
35.32 |
29.09 |
24.65 |
30 |
184.15 |
94.33 |
71.87 |
61.6 |
45.11 |
35.39 |
29.16 |
24.72 |
31 |
184.27 |
94.38 |
71.95 |
61.66 |
45.19 |
35.46 |
29.23 |
24.79 |
32 |
184.39 |
94.42 |
72.13 |
61.73 |
45.27 |
35.54 |
29.31 |
24.87 |
33 |
184.51 |
94.47 |
72.32 |
61.77 |
45.36 |
35.63 |
29.4 |
24.96 |
34 |
184.63 |
94.55 |
72.52 |
61.79 |
45.45 |
35.72 |
29.48 |
25.04 |
35 |
184.75 |
94.65 |
72.52 |
61.81 |
45.55 |
35.81 |
29.58 |
25.14 |
36 |
185.19 |
95.08 |
73.43 |
62.24 |
45.79 |
36.05 |
29.98 |
25.54 |
37 |
185.63 |
95.53 |
74.34 |
62.66 |
46.04 |
36.29 |
30.45 |
25.94 |
38 |
186.07 |
95.98 |
75.25 |
63.1 |
46.28 |
36.53 |
30.92 |
26.67 |
39 |
187.51 |
96.43 |
76.19 |
63.53 |
46.53 |
36.78 |
31.91 |
27.4 |
40 |
188.95 |
96.88 |
77.13 |
63.97 |
46.98 |
37.25 |
32.92 |
29.3 |
41 |
189.41 |
97.4 |
78.27 |
64.47 |
47.43 |
37.73 |
33.95 |
30.2 |
42 |
190.85 |
97.93 |
79.33 |
64.97 |
47.88 |
38.22 |
35.01 |
31.12 |
43 |
192.3 |
98.45 |
80.4 |
65.48 |
48.34 |
38.71 |
36.1 |
32.06 |
44 |
193.75 |
98.98 |
81.55 |
65.99 |
48.8 |
39.2 |
36.63 |
33.14 |
45 |
195.42 |
100.07 |
82.7 |
67.05 |
49.39 |
40.64 |
37.1 |
34.66 |
46 |
197.66 |
100.62 |
83.87 |
67.6 |
50.43 |
41.44 |
- |
- |
47 |
199.11 |
101.18 |
84.98 |
68.14 |
51.49 |
42.24 |
- |
- |
48 |
200.56 |
101.35 |
86.06 |
68.68 |
52.57 |
43.15 |
- |
- |
49 |
202.01 |
101.79 |
87.41 |
69.23 |
53.66 |
44.76 |
- |
- |
50 |
204.45 |
101.99 |
88.76 |
69.84 |
54.77 |
46.45 |
- |
- |
51 |
205.85 |
102.09 |
- |
70.98 |
- |
- |
- |
- |
52 |
207.69 |
102.7 |
- |
71.84 |
- |
- |
- |
- |
53 |
209.45 |
103.32 |
- |
72.8 |
- |
- |
- |
- |
54 |
211.74 |
103.95 |
- |
73.87 |
- |
- |
- |
- |
55 |
213.48 |
104.58 |
- |
75.25 |
- |
- |
- |
- |
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.