
Bonus rates for Bharti AXA Life Monthly Advantage Plan
The table below shows the Bonus rates declared for Bharti AXA Life Monthly Advantage Policy from inception. You can use this to calculate the Bharti AXA Life Monthly Advantage Plan Maturity Value and Death benefit. The Simple Reversionary bonus rates are percentage of Sum Assured.In case you have a plan with Sum Assured of Rs. 5,00,000 - Use the values in the table as following:
Bonus Value = (Sum Assured x Bonus Rate) = (5,00,000 x Bonus Rate)
Compund Reversionary Bonus
Year | Premium Payment Term(Years) | Bonus Rate |
2018-2019 | 6 | 3.0% |
8 | 3.25% | |
12 | 3.75% | |
2017-2018 | 6 | 3.0% |
8 | 3.25% | |
12 | 3.75% | |
2016-2017 | 6 | 3.0% |
8 | 3.25% | |
12 | 3.75% |
Terminal Bonus
Terminal bonus is one time bonus which is payable at maturity. Terminal bonus declared as a percentage of sum assured. As of now, no terminal bonus has been declared in this plan.
Maturity Value
So to get to the Maturity Value of Bharti AXA Life Monthly Advantage Plan, you have to add all of the following - Sum Assured + Accrued Reversionary Bonus + Terminal Bonus(if any)
Do let us know in case you need any further information on the bonus rates for this plan or in calculating the returns for your Bharti AXA Life Monthly Advantage Policy.
Please contact the Bharti AXA Life's office for exact details of the bonus which has accrued in your plan.
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