Bharti AXA ULIP Plans

• Reduce taxable income by up to Rs. 1,50,000 deduction under section 80C**
• Convenient payment options - annual, half-yearly, quarterly or monthly premium payments
• Do more with plans that offer pure protection, retirement planning and investment options

Bharti AXA Life Investment Plans are the perfect way to maximise your gains and reap the benefits of life coverage. Buying a Bharti AXA Life investment plan will enable you to earn good returns over the policy term as well as receive added benefits in the form of tax benefits and low charges.

Features and benefits of Bharti AXA Life Investment Plans:

• Hassle-free claims: Bharti AXA Life offers policyholders a hassle-free claims processing service with a dedicated team of claims handlers to ensure a smooth and efficient process.
• Quick fund release: Funds are released with 48 hours of the processing of the claim, ensuring you do not have to go out of pocket or wait for claims to come through.
• High returns: Bharti AXA Life offers high returns on investments during the policy term.
• Zero allocation charges: Plans come with a zero allocation charge, ensuring you enjoy the benefit of high-performing funds without needing to pay distributor fees etc.
• Tax benefits: Enjoy tax benefits on the premium amounts paid as well as the benefits received over the course of the policy term.
• Flexibility of withdrawal: Enjoy the flexibility of partial withdrawals, allowing you to access the funds invested in the event of an emergency.

List of Bharti AXA Life Investment Plans:

Given below are the ULIP/ investment plans offered by Bharti AXA Life:

Bharti AXA Life Future Invest Plan:

This is a linked, limited pay life insurance policy that offers the policyholder life coverage and investments for a tenure of 10 years, with the option to extend for another 5 years. The policyholder can choose from a basket of 6 funds for the purpose of investment.

Features and benefits of Bharti AXA Life Future Invest Plan:

• Limited premium payment: This policy offers the policyholder coverage for a period of 10 years while premiums are to be paid for 5 years or can be paid singly.
• Choice of fund options: The policy offers the policyholder a choice of 6 funds with varying degrees of risk to suit every policyholder’s financial objectives.
• No allocation charge: The policy does not charge a premium allocation charge for investments.
• Liquidity with partial withdrawal: The policy offers the policyholder the option to withdraw a partial amount from the fund on completion of 5 years.
• Choice to extend investment period: The policy allows for an extension with regard to the investments for a period of 5 years following maturity.
• Death benefit: The policy offers the nominee/nominees the higher of the following in case of the policyholder’s death during the policy term and while the policy is still in force:
  • 105% of all premiums paid
  • Policy fund value at the time
  • Sum assured

• Maturity benefit: The policy offers a maturity benefit on the policyholder surviving the policy term. The maturity benefit can be selected from one of the following:
  • Lump sum of the policy fund value
  • Withdrawal of maturity benefit at regular intervals as chosen by the policyholder
  • A combination of the above two
• Switch and premium re-direction facility: The policyholder can manage his/her asset allocation based on need. The policyholder can switch between equity and debt portfolios up to 12 times during one policy year free of cost, with the minimum value of a switch being Rs.1,000.

Bharti AXA Life eFuture Invest:

This is an online linked limited pay endowment life insurance plan that offers policyholders the benefit of life insurance coverage as well as the chance to invest in a range of funds which would bolster their savings. The policy is a fixed term one, with the option to extend the investment period to capitalise on the investment benefits.

Features and benefits of Bharti AXA Life eFuture Invest:

• Online plan: The policy is available online, resulting in ease of purchase with minimum hassle.
• Limited premium payment: The policy can be paid over a 5 year term or it can be single pay, depending on the policyholder’s convenience.
• Fixed policy term: The policy has a fixed term of 10 years.
• Choice of investment fund options: The policy offers a choice of 6 funds with varying degrees of risk and a balance of options to suit every investor’s risk appetite.
• Extendable investment: The policy offers an extension on the investment in funds for 5 years following the date of policy maturity, enabling the policyholder to continue to benefit from the funds.
• Partial withdrawal with liquidity: The policy offers a partial withdrawal option after the 5th policy year if all premiums have been paid till date.
• Death benefit: In the event of the death of the policyholder, the nominee/nominees stand to receive the higher of the following:
  • Policy fund value on date of intimation of death of policyholder
  • 105% of all premiums paid till date
  • Sum assured

• Maturity benefit: The policyholder stands to receive a maturity benefit on surviving the policy term. The maturity benefit can be either of the following:
  • Lump sum of the policy fund value
  • Maturity benefit paid out at regular intervals as decided upon by the policyholder
  • A combination of the above
• Zero allocation fee: The policy does not charge an allocation fee on investments made under the policy.

Why does one need Bharti AXA Life ULIP/Investment Plans?

Bharti AXA Life has tailor-made life insurance offerings that appeal to every investor in their ULIP plan range. The policies offer a balance of risk and safe investments where premium amounts can be invested, enabling the policyholder to earn from his/her premium. Buying a Bharti AXA Life Investment Plan has a number of benefits, such as:

• Tax benefits on the amount paid towards premiums under Section 80C of the Income Tax Act.
• Tax exemptions on benefits and bonuses received from policies.
• A safe and convenient way to earn from an insurance policy.