Guaranteed Tax Savings
Under sec 80C & 10(10D)Life Cover
10 times of Annual PremiumZero LTCG Tax
Unlike 10% in Mutual Funds*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Bharti AXA Life Future Invest Plan is a ULIP which provides the dual benefit of insurance cover and wealth creation through participation in capital markets
|
Minimum |
Maximum |
Entry Age (Last Birthday) |
18 years |
59 years |
Maturity Age (Last Birthday) |
- |
69 years |
Policy Term (PT) in years |
10 |
|
Premium Paying Term (PPT) in years |
Single Pay or Limited pay for 5 years |
|
Premium Paying Frequency |
Yearly, half-yearly, quarterly, monthly |
|
Yearly Premium |
18,000 under Limited Pay 50,000 under Single Pay |
No limit |
Sum Assured |
Single Pay – 1.25 * Single Premium for ages <45 yrs. & 1.1* Single premium for ages >45 yrs. |
Single Pay – 5 * Single premium for ages<45 yrs. & 3* Single premium for ages >45 yrs |
Illustration for a policy term of 10 years and PPT 5 years
Age |
35 years |
Premium |
50,000 |
Sum Assured |
500,000 |
Fund Value @ 4% |
259,544 |
Fund Value @ 8% |
358,824 |
Policyholder has to fill up an ‘Application form/ proposal form’ with accurate medical history along with the address proof and other KYC documents. Medical examination may be required in some cases, based on the sum assured and the age of the person.