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Product Information
Saving And Investment Plans Bharti AXA Elite Advantage
Synopsis:
fjrigjwwe9r3SDPrivInsuProd:Synopsis
A comprehensive savings plan with dual benefits of :
a. guaranteed pay-outs# of 8.5% to 9.5% of Sum Assured on Maturity, paid during Maturity Payout period. 
b. 100% Sum Assured at Maturity*
#Provided the policy is in force, Guaranteed Payouts start after the policy term & depends upon Premium payment Term & premium band.
*Payouts at the end of Maturity Payout Period.

Features:

fjrigjwwe9r3SDPrivInsuProd:Features
  • Enjoy guaranteed benefits at regular intervals.
  • Enjoy guaranteed lump sum benefit at Maturity.
  • Different Premium payment Terms to choose from.
  • Receive Tax benefits on the Premiums paid and pay-out benefits received.
Eligibility:
fjrigjwwe9r3SDPrivInsuProd:Eligibility
Minimum age at entry (age last birthday) 8 years for 10 years Policy Term
6 years for 12 year Policy Term
The risk coverage will start immediately on policy commencement for all lives including minors
Maximum age at entry (age last birthday) 65 years
Maximum Maturity Age(age last birthday) 75 years for 10 years Policy Term.
77 years for 12 year Policy Term
Minimum Sum Assured Depends on the minimum Premium.
Minimum Annualized Premium Rs.24,000 for 5 years Premium payment Term
Rs.15,000 for 7 years Premium payment Term
Rs.12,000 for 12 years Premium payment Term
Policy Term 10 and 12 years.
Premium Payment Term 5 years for 10 years Policy Term.
7/12 years for 12 years Policy Term
Premium Payment Modes Annual,Semi Annual,Quarterly,Monthly
Maturity Payout Period End of 10th year till end of 20th year for 10 years Policy Term
End of 12th year till end of 20th year for 12 years Policy Term
Guaranteed Payout frequency Annual,Semi-annual,Quarterly