Bharti AXA Life Super Series

1. Guaranteed Money Back

A percentage of the 'Sum Assured on Maturity' will be paid if all due premiums have been paid and the policy is in force. The Guaranteed Money Back benefit will commence immediately after the end of Premium Payment Term and the pay-outs will be paid at the end of each year as specified below:

For the Super 6 Option

For the Super 10 Option

In case the Life Insured is a minor at the time of the policy issuance, the ownership of the policy will vest in the Life Insured on attainment of 18 years of age, age last birthday.

2. Maturity Benefit

On Maturity Date, 'Sum Assured on Maturity' will be paid to the Policyholder, subject to the policy being in force.

In case the Life Insured is a minor at the time of policy issuance, the ownership of the policy will vest in the Life Insured on attainment of 18 years of age, age last birthday.

3. Guaranteed Maturity Addition

In addition, on Maturity Date, a Guaranteed Maturity Addition of 30% of the ‘Sum Assured on Maturity’ will be payable to the Policyholder, subject to the Policy being in force.

In case of the life insured being a minor at the time of policy issuance, the ownership of the policy will vest in the life insured on attainment of age 18 years, age last birthday.

4. Death Benefit

In the event of a death of the Life Insured during the Policy Term, subject to the policy being in force, the Death Benefit payable shall be equal to the Sum Assured on death.

The Sum Assured on death shall be higher of the following

• 11 times Annualized Premium* for Super 6 Option and 15 times Annualized Premium* for Super 10 Option
• 105% of all premiums paid as on date of death (excluding any underwriting extra).
• 'Sum Assured on Maturity'

*Annualised Premium does not include taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any.

5. Tax Benefits

You can avail the tax benefits on the premiums paid and, on the benefits, received subject to the prevailing provisions under Section 80C and Section 10 (10D) respectively of the Income Tax Act, 1961. The tax benefits are subject to change as per the change in tax laws from time to time.

Ready Reckoner – Bharti AXA Life Super Series

Premium Rates for Band 1: Sum Assured on Maturity between ₹ 50,000 and ₹ 1,50,000

The Premium rates are in ₹ and are per 1,000 Sum Assured on Maturity. The rates are exclusive of Service Tax. There is a 3-year setback for female life

Premium Rates for Band 2: Sum Assured on Maturity is greater than ₹ 1,50,000

The Premium rates are in ₹ and are per 1000 Sum Assured on Maturity. The rates are exclusive of Service Tax. There is a 3-year setback for female life

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

• Bharti AXA Life Hospi Cash Rider (UIN:130B007V03): 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.
  
  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.