Bharti AXA Life Insurance Premium Waiver Rider is an additional benefit which can be attached to the base policy to customize the plan. The rider offers additional benefit in case of death of the policyholder.
+Tax benefit is subject to changes in tax laws.
++All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
|
Minimum |
Maximum |
Entry Age (Last Birthday) |
18 |
Depends on the base plan |
Maturity Age (Last Birthday) |
- |
Depends on base plan |
Policy Term (PT) in years |
10 / 15 / 20 |
|
Premium Paying Term (PPT) in years |
Equal to policy term |
|
Premium Paying Frequency |
Same as under the base plan |
|
Yearly Premium |
Depends on rider Sum Assured |
|
Sum Assured |
Outstanding annualized premiums of the base plan |
Policyholder has to fill up an ‘Application form/ proposal form’ of the base plan with accurate medical history along with the address proof. Medical examination may be required in some cases, based on the sum assured and the age of the person.
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