Limited investments that promise good returns
In this policy, the investment risk in investment portfolio is borne by the policyholder.
An Investment Plan where you invest money for a limited time-frame and reap good returns at the end of the policy term. You can enjoy benefits for 10 years while paying Single Premium or paying for 5 years only.
A limited Premium payment plan with a longer term to remain invested.
Pay Single premium or for first 5 years and accrue benefits for 10 years
Zero allocation charges (other charges as applicable).
Since there is no Premium allocation charge, 100% of Premiums paid will be allocated to the funds chosen by you. Other charges levied as applicable.
Pay once or for 5 years while accruing benefits for 10 along with the flexibility of partial withdrawals.
You can stay invested in the funds for an extended period of 5 years after Maturity, as you can choose from two Premium payment Terms - single pay and 5 years. You can also withdraw money from your Policy Fund Value any time after the completion of five Policy years.
Enjoy Tax benefits on the Premiums paid and benefits received.
The Tax benefits fall under Section 80C and Section 10(10D) of the Income Tax Act, 1961. They are subject to change as per change in Tax laws from time to time.
Let’s take a look at this case study
35 year old Anurag chooses our Bharti AXA Life Future Invest and would like to invest in the Grow Money Fund. He chooses a policy term of 10 years with a premium payment term of 5 years for a Sum Assured of `5,00,000.
He starts paying `50,000 annually
He finishes paying the annual premiums
At an assumed 4% rate of return, he receives `2,59,544 on maturity
At an assumed 8% rate of return, he receives `3,58,824 on maturity
“# 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 death, his family receives a death benefit of `5,00,000
Let’s take a look at this case study
35 year old Rishab chooses our Bharti AXA Life Future Invest and would like to invest in the Grow Money Fund. He chooses a policy term of 10 years with a single premium payment for a Sum Assured of `3,75,000.
He pays `3,00,000 as single premium
At an assumed 4% rate of return, he receives `3,38,807 on maturity
At an assumed 8% rate of return, he receives `5,00,603 on maturity
In case of death, his family receives a death benefit of ` 4, 44,041
WHO CAN BUY?
|Minimum age at entry||18 years|
|Maximum age at entry||59 years|
|Maximum age at Maturity||69 years|
|Policy Term||10 years|
|Premium Payment Term||Single Pay and 5 Pay|
|Premium Modes||Single/ Annual/ Semi Annual/ Quarterly/ Monthly|
What you will get?
Why choose this plan?
Subject to the Policy being in force, as on the date of death, the death benefit payable under the product will be
Higher of :
1. Sum assured (net of partial withdrawals, made 12 months prior to death of the life insured)
2. 105% of all premiums paid (excluding underwriting extra)
3. Policy Fund Value as on the date of intimation of death
Sum Assured will be calculated as per table below:
|Premium Payment Term: Single Pay>|
|Sum Assured>||125% of Single Premium>|
|Premium Payment Term: 5 Years|
|Sum Assured||Higher of
10 times Annualized Premium
(0.5* Policy Term* annualized premium)
In case of the death of the Life Insured during the grace period allowed for payment of due premium, the Death Benefit less the outstanding charges shall be payable
HERE ARE THE AGE WISE PREMIUM RATES
|Age||Mortality charge (per '000 SAR) for Male Life|
Let us help you
The insurance industry is getting digitally savvy giving policyholders the comfort of buying and managing their policy and that too at lower costs.
A regulatory clause makes it mandatory for life insurers to offer guaranteed returns to all its subscribers.