Bharti AXA Life Spot Guarantee Builder

This plan consists of a 15 year regular premium unit-linked Insurance policy that offers you dual advantage enhancing facility by guaranteeing your investments at the date of maturity as well as offering you the potential of equity and debt markets over the long-term.

The product is best suited if:

• You wish to have a hassle-free process of buying insurance, without wasting too much time on it
• You wish to have a dual advantage of capital protection when the markets are down as well as growth when the market is up.

You get tax benefits of up to Rs 100,000 on the premiums paid under Section 80C of the Income Tax Act, 1961.

The key features of this policy are:

• High Insurance Protection: Sum Assured + Fund Value.
• Quick Cover – Get the advantage of faster, priority processing of your application to start your insurance protection
• High Protection (on Maturity): Opportunity to participate in equity markets over the long term while having the comfort of a Guaranteed Maturity Value
• Your Guaranteed Maturity Value may keep increasing over time.

Benefits of this policy:

In case of unforeseen circumstances, this policy offers a high level of financial protection to your family. In the unfortunate event of death of the Life Insured during the Policy term, nominee will get Sum Assured immediately and the policy Fund Value.

After the completion of three policy years you can withdraw money from your Policy Fund Value anytime by way of the partial withdrawal option. Every withdrawal should be a minimum of Rs. 5,000 and after withdrawal the Policy Fund Value should not be less than 120% of the Annualized Regular Premium.

Two partial withdrawals are free of charge in a Policy Year and after that each partial withdrawal will be subject to a charge of Rs.100.

You will get the higher of policy Fund Value or Guaranteed Maturity Value after the date of maturity. (It is at least 100% of the sum of the Investment Premium that you have paid over the policy benefit period).

Higher Protection (at Maturity): In this plan you get a chance to participate in equity markets over the long term while enjoying the comfort of a Guaranteed Maturity Value.

You also get the advantage of regular special additions to increase your fund value.

You receive tax benefits for premiums paid as per the prevailing