Bharti AXA Life
Ajeevan Sampatti+

It is a non-linked participating individual life insurance savings product that ensures a worry-free life with guaranteed payouts and adequate protection.

• Whole Life Cover Plan The product offers the choice of 3 premium payment terms of 7 years, 10 years and 15 years with life cover up to age 85 and 100 years as policy term.
• Guaranteed Annual Payouts Receive Guaranteed Annual Payouts equal to 5.5% or 6% of the Sum Assured (depending upon the policy term chosen) from 10th Policy year onwards, until maturity or death whichever is earlier, provided the policy is in force.
• Maturity Benefit along with Cash Bonuses The product also offers non-guaranteed cash bonuses and is paid out every year starting from the 6th Policy year until maturity or death whichever is earlier. At the time of Maturity, receive 100% of the Sum Assured as Maturity Benefit provided the policy is in force.
• Tax Benefits You can enjoy Tax benefits on the Premiums paid and pay-out benefits received. The Tax benefits fall under Income Tax Act, 1961. They are subject to change as per changes in tax laws from time to time.

Key Benefits

Limited Pay Period

Guaranteed Annual Payouts

Life Insurance Benefit

How Does the Product Work?

• Case Study
• Who Can Buy?
• Premium Rates

Rahul is 30 years old. His wife is a homemaker and his 6-year-old son is studying in the 1st standard.

He has a few concerns about his financial preparedness:

• He may exhaust all his savings on his mortgage repayment and the education of his son.
• His retirement savings like PF, PPF may be compromised because of daily expenses.
• He would like a product that provides him with a regular payout throughout his life.
• He also wants to secure his family by ensuring they get a lump sum amount in case of an unfortunate event.

Proposed solution:

Rahul purchases Bharti AXA Life Ajeevan Sampatti+ with a Premium Payment Term of 10 years and coverage until the age of 100 years. He chooses a Sum Assured on Maturity amount of 5,00,000. Assuming that Rahul is in good health, his premium as per his age is 1,07,310 p.a. (exclusive of taxes)

Rahul, Age 30 Years

Life cover until maturity

Annualised Premium (exclusive of tax)

Premium Payment Term

Age at which Guaranteed Annual Payout Benefit will commence

Non-guaranteed payout each year @ 8% rate of return *

Non-guaranteed payout each year @ 4% rate of return *

Maturity amount at age 100 years

Cumulative guaranteed payouts including maturity benefit, paid if Rahul survives until the age of 100 years

Cumulative non-guaranteed benefits paid for the period assuming 8% gross rate of return *

Cumulative non-guaranteed benefits paid for the period assuming 4% gross rate of return *

* The gross rate of return shown above is the return earned on the participating fund of the company and is not guaranteed.

The regular payouts of this Policy help Rahul preserve his other savings, ensuring his funds are used as intended.

The Life Insurance benefit of the Policy ensures that if something unfortunate were to happen to Rahul before the Policy matures, his family will receive 11,80,410 as life insurance benefit.