BHARTI AXA LIFE INSURANCE MERIT PLUS EDGE

The product is best suited if:

• You wish to get a single investment option that will help you to achieve all your dreams.
• You are looking for a high life insurance cover for maximum protection of your loved ones.

Key benefits:

Protects you in case of all your financial needs till age 85

Your first year premium is paid back to you including interest.

Key features:

• A financial solution that provides complete security to you and your family.
• Option to choose life Insurance Benefit as:
  • Sum Assured or Fund Value, whichever is higher
  • Sum Assured PLUS Fund Value
• Flexibility in case of partial withdrawals, additional investments through top-up, switching between the investment funds and many more.

• Guaranteed additions which will provide you with more than your allocation charges:
  • (a) Get sum of premium allocation charges = 100% of your first year premium in the 15^th year of the policy.
  • (b) 4% Simple Interest per annum on Premium Allocation Charges on 20th policy year = 76% of First Year Premium.
• Special additions of 3% of Average Policy Fund Value starting from 25th policy year and every 5th year thereafter
• Fund value of the policy on the maturity date.

You can also invest across any of the companies 6 investment fund option, ranging from high end equity to short term debt to match all your requirements and risk appetite.

You can avail of the tax benefits on the premiums paid (up to Rs.1 lakh) under Section 80C of the Income Tax Act and the benefits received under section 10(10D), as per the prevailing tax laws of the Income Tax Act, 1961.

This plan also gives you additional security with the option to add any of the 4 protection enhancers by paying a nominal fee:

• Illness Benefit Rider:

Supposing, if you suffer from any one of the six Critical Illnesses at any time during the term for which the rider is in force, you will receive a lump sum amount equal to the Critical Illness Benefit Sum Assured.

• Waiver of Premium on Critical Illness Benefit Rider:

In this case the company will pay all your future premiums in case if you are diagnosed with any one of the six critical illnesses.

• Term Rider:

Term Rider gives you the advantage of further enhancing your life insurance protection over and above the protection you get in the plan which you select.

• Accidental Death and Disability Benefit Rider:

Incase of unfortunate death of the Insured due to an accident or in case of an accidental disability, the Sum Assured under the Rider will be paid to the Policyholder or to the nominee.