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BHARTI AXA LIFE INSURANCE WEALTH CONFIDENT

  • The product is best suited if:

    • You wish to go for a medium term investment based plan that would help you create wealth to achieve your financial goals.

    You do not want to have a regular premium commitment – this plan has a limited payment term of 5 years.

    The features include:

    • Higher allocation of your first year premium up to 88% for investment
    • 6 investment fund options and 12 free switches every policy year.
    • Payment of  premiums for 5 years while your policy accumulates wealth for 10 years
    • Special bonus every year starting from 6th year of the policy term to provide greater value to your funds invested.
    • Flexible options like partial withdrawal, premium holiday, decrease in premium, etc.

    Benefits:

    It is an investment based plan that helps you to create wealth over 10 years through higher allocation to investment fund and special additions.

    Flexibilities available to take care of your changing investment needs while providing life insurance cover.

    On Death:

    You get the Higher of Sum Assured or Fund value

    On Maturity:

    • You get the fund value and then accordingly you can take the policy Fund Value at maturity in installments over the next 5 years (extended maturity period).

    You have the options of investing across 6 funds depending on your risk appetite and return expectation and make use of the switch facility to re- allocate your asset.

    You also get tax benefits for premiums paid as per prevailing tax laws under Section 80C and Section 10(10D) of the Income Tax Act, 1961.

    Published on August 9, 2010 · Filed under: Bharti AXA Life Insurance;
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