Bharti AXA Life Unnati
Bharti AXA Life Unnati is a whole Life Income Option A Non-Linked, Participating, Individual
Savings, Life Insurance Plan. The plan gives life insurance coverage and benefits of a savings product at affordable
rates so that you can secure your family’s future and plan for various life goals.
Key of highlights Bharti AXA Life Unnati:
- Stay protected up to 100 years with Whole Life Cover.
- Protect your family with Waiver of Premium.
- Tax Benefits
- Flexibility in policy Terms
Maturity Benefit:
In case the Life Insured survives till the maturity of the policy and all premiums are duly paid, then
the benefits, as mentioned below will be payable as a lump sum:
- Maturity Benefit = Sum Assured on Maturity + Terminal Bonus, if declared.
Guaranteed Survival Benefit:
- Guaranteed Income will be paid at the end of each policy year starting from the 2nd policy year
till maturity or death, whichever is earlier.
Cash Bonus:
- Cash bonus as a percentage of the Sum Assured on Maturity, if declared, shall be payable at the end of each policy year starting from the end of the policy years until Maturity Date.
Death Benefit Bharti AXA Life Unnati
Death Benefit is higher of:
- The sum Assured on Death plus Terminal Bonus, if declared, will be payable. Where, Sum Assured on Death = Sum Assured Multiple(10.5) * Annualized Premium
- 105% of the Total Premiums paid as on the date of death.
Eligibility:
Age Limit:
Maximum age at entry: 45 years/
Maturity Age – 100 years.
PPT: 5/7/10/15 years.
PT : 100 – age at entry