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Product Information
Saving And Investment Plans Bharti AXA Monthly Advantage
Synopsis:
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A plan that gives you the flexibility to choose your Policy Term and Premium Payment Term from 3 options. It makes sure you receive a steady stream of monthly income without staying invested in the plan for a very long time.

Features:

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  • Receive Guaranteed* Monthly Income on survival/any untoward event like disability or death.
    (Monthly Income is guaranteed subject to policy being in force and all due premiums being paid.)
  • Get additional financial returns by way of accrued bonuses, if declared
  • Enjoy Tax Benefits on the Premiums paid and benefits received
  • An ideal plan for receiving additional income
Eligibility:
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Minimum age at entry 6 years for 12 years policy term
2 years for 16 years policy term
91 days for 24 years policy term
(The risk coverage will start immediately on policy commencement for all lives including minors)
In case of the life insured being a minor at the time of policy issuance, the ownership of the policy will vest in the life insured on attainment of age 18 years, age last birthday.
Maximum age at entry 65 years for 12 & 16 years policy term
60 years for 24 years policy term
Maximum Maturity Age 77 years for 12 years policy term
81 years for 16 years policy term 
84 years for 24 years policy term
Minimum Monthly Income Rs 928 for 12 years policy term
Rs 642 for 16 years policy term
Rs 370 for 24 years policy term
Minimum Sum Assured Rs. 50,000 for all policy terms
Minimum Premium Rs 10,600 for 12 year policy term
Rs 7,000 for 16 year policy term
Rs 3,700 for 24 year policy term