Bharti AXA Life Insurance Company. Ltd.
Monthly Income Program
One Pager – Month-to-month Income Program
1 . Certain Monthly Income which is Taxes Free#: You start receiving Assured Monthly Salary after the completion of the premium payment term, until maturity, provided the policy is force. This income is usually tax-free#. You have the flexibility to purchase Monthly Profits you wish to acquire, which chooses your superior amount. #
Subject to the prevailing procedures of section 10(10D) from the Income-tax Action, 1961 2 . Family Profits Support Gain: If something unfortunate would be to happen to you, your family associates will right away start receiving the Guaranteed Regular monthly Income for a period corresponding to Monthly Salary Period.
3. Potential Upside through Bonus deals: You receive Gross annual Reversionary Added bonus, if announced, on maturity or death. The added bonus declaration starts off from fourth policy season onwards. four. Limited spend options
High quality Payment Term
Monthly Income Benefit
more than 20 years
5. Tax benefits pertaining to premiums paid and rewards received, are as per the existing Tax laws which are susceptible to changes.
Minimum era at entrance
Maximum age at entry
Minimum Month to month Income
Insurance plan Term
Superior payment term
Premium Repayment Modes
um Rs 2150 for 15 year coverage term
u Rs multitude of for a 25 year coverage term
um Rs 700 for 35 year plan term
um Rs 23000 for 15 year insurance plan term,
u Rs 18000 for 25 year policy and
u Rs 7500 for 35 year coverage term
12-15, 25 and 30 years
several, 10 and 15 years for 12-15, 25 and 30 years policy term respectively Annual, Semi annual, Quarterly* & Monthly*
Annual High grade (exclusive of any service tax and cess)
*Vested non -- guaranteed benefits assuming 10% Gross
level of go back
Sameer, Age 30 Years
Rs 3, 500...