Bharti AXA Life Family Income Secure Plan
Bharti AXA Life Family Income Secure Plan is a Life Insurance Plan for protection purpose with both Death and Maturity Benefit. This is a Traditional Plan without Bonus facility which can be purchased online.
In this plan, premium needs to be paid till the end of the Policy Term as selected by the Policyholder. The Annual Income needs to be selected at the Policy Inception.
In this plan, the premiums are returned at the end of the policy tenure as Maturity Benefit. However, if the Life Insured dies within the Policy Tenure, then the nominee gets Life Insurance Benefit. Under this benefit option, the nominee would get the Annual Income, as chosen at the policy inception, for the next 20 years. Along with Life Insurance Benefit, the nominee would also get Maturity Benefit at the end of the Policy Tenure.
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Key Features of Bharti AXA Life Family Income Secure Insurance Plan
Benefits you get from Bharti AXA Life Family Income Secure Insurance Policy
Eligibility conditions & other restrictions in Bharti AXA Life Family Income Secure Policy
|
Minimum |
Maximum |
Annual Income (in Rs.) |
Not specified |
Not Specified |
Policy Term (in years) |
10 |
20 |
Premium Payment Term (in years) |
Equal to Policy Term |
|
Entry Age of Policyholder (in years) |
18 |
60 |
Age at Maturity (in years) |
- |
70 for PT=10 75 for PT=15 80 for PT=20 |
Premium (in Rs.) |
2,500 for Annual Mode 1300 for semi - annual mode 675 for Quarterly mode and 225 for monthly mode |
No Limit |
Payment modes |
Yearly, Half-Yearly. Quarterly and Monthly |
Sample illustration of premium amount in Bharti AXA Life Family Income Secure Plan
The below illustration is for a healthy Male (non-tobacco user) opting for an Annual Income = Rs. 1.5 lacs and Policy Term = 20 years
Additional Features and Benefits of Bharti AXA Life Family Income Secure Plan
Riders – There are no additional riders available with this plan
What happens if?