Saving And Investment Plans
Bharti AXA Super Series
Synopsis:
fjrigjwwe9r3SDPrivInsuProd:Synopsis
A plan that offers a lump sum payout at the end of the premium payment term followed by increasing guaranteed payouts until Maturity and a lump sum payout at Maturity.
Features:
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- A choice between the Super 6 and Super 10 option depending on desired investment term and returns.
- Get cash pay-outs every year from the end of the premium payment term till policy maturity.
- Receive Maturity benefit along with a Guaranteed Maturity Addition
- Enjoy Tax Benefits on the Premiums paid and benefits received.
Benefits:
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- In the event of death of the Life Insured during the Policy Term, subject to the policy being in force, the Death Benefit payable shall be equal to the Sum Assured on death.
The Sum Assured on death shall be higher of the following:-
a) 11 times Annualized Premium* for Super 6 Option and 15 times Annualized Premium* for Super 10 Option
b) 105% of all premiums paid as on date of death (excluding any underwriting extra).
c) 'Sum Assured on Maturity'
*Annualised Premium does not include modal factors, any underwriting extra.
Eligibility:
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Super Series Option |
Super 6 |
Super 10 |
Policy Term |
12 Years |
20 Years |
Premium Payment Term |
6 Years |
10 Years |
Minimum age at entry (age last birthday) |
6 Years |
0 Years |
Maximum age at entry (age last birthday) |
63 Years |
60 Years |
Minimum Annualized Premium (excluding any underwriting extra) |
Rs. 18,000 |
Rs. 15,000 |
Minimum 'Sum Assured on Maturity' |
Depends on the Minimum Premium |
Depends on the Minimum Premium |
Premium Payment Modes |
Annual, Semi-annual, Quarterly, Monthly |
Premium Payment Modes |