You must be planning wisely to invest your hard-earned money at different stages of life in order to gain the maximum profit in the future.Well, before youactually start investing, you must have adequate knowledge of the specific area of the market, as it might be risky and could lose your lifelong savings in the name of investment. Bharti AXA Life Insurance offers you the best investment plans to live up to the expectations of your family members. These investment plans power you to live out your dreams and realize those of your loved ones going forward.
Bharti AXA offers a variety of life insurance plans, savings plans, protection plans, health plans, and rider options.Below are its investment plans explained:
Bharti AXA Life Future Invest Plan
This investment plan requires you invest your money for a specific period to gain considerable returns when the policy term ends.You can avail these benefits over a period of 10 years by paying a single premium or for 5 years.
Eligibility for the plan
- Policy entry age (minimum): 18 years
- Policy entry age (maximum):59 years
- Maturity age (maximum): 69 years
- Policy term: 10 years
- Premium payment term: Single or 5 years
- Modes of premium payment: Single, Yearly, Half-yearly, Quarterly, Monthly
Features & Benefits
- Option of flexible partial withdrawals
- Post-maturity investment option
- You have full control on your investments
- Tax benefit u/s 80C and 10 (10D) of Income Tax Act, 1961
Key Highlight of the plan
- You get guaranteed good returns at the end of the policy term for an investment over alimited time frame.
Bharti AXA Life eFuture Invest
This plan is a unit-linked investment plan and is available online with the benefits of life cover and considerable returns on maturity. With this plan, you can avail benefits over a period of 10 years while premium payment is only a single one or for 5 consecutive years.
Eligibility for the plan
- Policy entry age (minimum): 18 years (as on last birthday)
- Policy entry age (maximum): 59 years (as on last birthday)
- Maturity age (maximum): 69 years (as on last birthday)
- Minimum premium:
- For 5 years policy – yearly: Rs.18, 000; half-yearly: Rs. 9, 000; quarterly: Rs. 4, 500; monthly: Rs. 1, 500.
- For single payment–Rs. 25, 000
- Maximum premium:
- For 5 payments: Rs. 1, 00, 00, 000
- For Single payment: Rs. 8, 00, 00, 000
- Policy term: 10 years
- Premium payment term: Single or 5 years
- Modes of premium payment: Single, Yearly, Half-yearly, Quarterly*, Monthly*
*Payments should be through ECS only.
Features & Benefits
- Quick and easy online availability
- No extra charges like processing fee, commission pay, fund management, policy administration etc.
- No allocation charges
- Fixed policy term of 10 years
- Premium payment for 5 years or single pay
- Higher sum assured at policy term end
- Tax benefit on premiums paid and benefits received u/s 80C and 10 (10D) of Income Tax Act, 1961
- Post-maturity investment option
The protection plans offered by Bharti AXA are not only affordable but also comprehensive. Bharti AXA term insurance is highly recommended to those whoplan long-term goals for their family.
