Bharti AXA Life Insurance is a joint venture between Bharti, one of India's leading business groups with interests in telecom, agri business and retail, and AXA, one of the leading companies in financial protection and wealth management. The joint venture company has a 51% stake from Bharti and 49% stake of AXA. About us:
Bharti AXA Life Elite Advantage (Non-Linked, Non-Participating, Savings & Protection Oriented Life Insurance Plan)
With increasing responsibilities, your life stage needs change and the desire to fulfill the dreams of your loved ones becomes stronger. You wish only the best for your family and tending to their needs is your priority. Your child’s education, renovating your house, long due vacation or even securing your golden years, the list increases with time. You also want your family to be financially protected in case something unfortunate were to happen. You will always be willing to walk that extra mile to ensure that their needs and dreams are provided for and that they lead a protected, comfortable life both today as well as in the years to come. We bring to you Bharti AXA Life Elite Advantage - a Traditional, Non-Participating, Savings and Protection Oriented Plan. You pay premiums for the chosen Premium Payment Term. At the end of the Policy Term, the Maturity Payout Period will start during which Guaranteed Payouts will be paid from the end of the Policy Term till the end of the 19th year. At the end of the 20th year, 100% of Sum Assured on Maturity will be paid to the Policyholder provided that the Policy is in-force. At Bharti AXA Life, we understand your needs and have decided to act. 1. Basic Life Insurance Cover: Get higher of Sum Assured on Maturity or 11 times the Annualised Base Premium or 105% of premiums paid till date of death, in case of an unfortunate event of loss of life of the Life Insured during the Policy Term. What are my advantages with Bharti AXA Life Elite Advantage? 2. Maturity Benefit: In case the Life Insured survives until the maturity of the Policy and all premiums are duly paid, then the benefits as mentioned below will be payable to the Policyholder. Guaranteed Payout: A percentage of Sum Assured on Maturity is paid during the Maturity Payout Period. The frequency of the Guaranteed Payout will be Annual/Semi-Annual/Quarterly as chosen by the Policyholder.
Sum Assured: 100% of the Sum Assured at Maturity is paid at the end of the 20th year.
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