With the increased cost of living today, a modest rise in annual income may not be sufficient to fulfil family needs. An effective investment plan resulting in additional earnings is extremely critical. This is required to cope with unforeseen emergencies and provide adequate financial protection for the family’s well-being.Read more
Save Upto ₹46,800 in tax under Sec 80C
Inbuilt Life Cover
Tax Free Returns Unlike FD
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Money locked-in for investment plans over a long period is not regarded as a practical option. Keeping this aspect in mind, Bharti AXA Life eFuture Invest is designed as an online investment plan providing high returns and coverage over 10 years.
|Policy Tenure||10 years|
|Premium Paying Term||Single Payment or 5 years|
|Premium Paying Mode||Annually, Half-yearly, Quarterly(ECS), Monthly(ECS)|
|Entry Age||18-60 years|
|Maturity Age||Maximum – 70 years|
|Grace Period||Monthly – 15 days Quarterly, Half-yearly, Annually – 30 days|
|Sum Assured||Based on the age of the life assured and the annualized premium payment terms|
|Liquidity||Partial Withdrawals available after 5 policy years under specified conditions.|
Bharti AXA Life eFuture Invest plan comes packed with several benefits to offer to its buyer. Listed below are the core benefits of the plan:
If no option is specified, the entire lump sum amount is issued to the policyholder upon policy maturation.
Minimum withdrawal is Rs 1000; the maximum value is such that the policy value does not reduce below 20% of a Single Premium. Two such free withdrawals are permitted in a policy year, as per conditions.
The surrender benefit is the Fund Value on the surrender date less dis-continuation charges.
* Tax benefit is subject to changes in tax laws
The Bharti AXA Life eFuture Invest premium payment can be made either as a Single or over a five-year term. The premium to be paid depends on the mode of payment:
Minimum – Rs 25,000 (Single Pay)
For 5 years –
Maximum – Rs 8,00,00,000 (Single Pay)
Rs 1,00,00,000 (5 years)
*Standard T&C Apply
To determine the exact premium to be paid, the Bharti AXA eFuture Invest premium calculator can be utilized. This is available online.
No additional riders are available under Bharti AXA Life eFuture Invest.
To buy Bharti AXA Life eFuture Invest policy, the documents to be provided are:
As the name suggests, “eFuture” implies an online plan. Therefore, buying online Bharti AXA Life eFuture Invest is accomplished through the following steps:
Bharti AXA Life eFuture Invest reviews suggest it is an extensive plan with comprehensive benefits. However, the main exclusion listed as per policy terms and conditions is suicide.
If the Life Insured dies by suicide within a year of the purchased plan or the policy revival date, the policy will become void. Additionally, only the Policy Fund Value will be redeemed to the family or nominee as applicable.
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