Insurance Company: News, Details and ULIPs Performance

Summary Info

Basic Details

Key Benefits

Rider Name

Plan Speciality

Fund Option

Latest NAV

News

Summary Info

Basic Details

Key Benefits

Rider Name

Plan Speciality

Fund Option

Latest NAV

News

Demat Account

Trading Account

Stock Market

KYC

More Articles

Bharti AXA Life Premier Protect Plan

Insurance Company	Bharti Axa Life Insurance Company Ltd
Plan Name	Bharti AXA Life Premier Protect Plan
Plan Nature	TRADITIONAL
Plan Category	Protection Plan
UIN No.	130N096V01
About Plan	This is a Non-Linked, Non-Participating Life Term Insurance Plan. This plan that provides life insurance coverage and is designed to protect your familys future to ensure that they lead their lives comfortably without any financial worries, even in your absence. This plan offers flexibility to choose from multiple policy terms with single pay, limited pay and regular pay options. This plan provides you flexibility to choose from multiple death benefit payout options to suit your familys needs. You may also choose to increase the protection during the policy term by paying additional premium on certain life stages and milestones which occur in your life hence, providing enhanced protection to your family.

Minimum Entry Age	18 Years (age as on last birthday)
Maximum Entry Age	65 Years (age as on last birthday)
Maximum Maturity Age	75 Years - for Single Pay; 80 Years - for Limited / Regular Pay; (age as on last birthday)
Minimum Policy Term	Single Pay: 10 Years; Limited Pay: 10 Years - for 5 Years Premium Payment Term; 15 Years - for 10 Years Premium Payment Term; Regular Pay: 10 Years;
Maximum Policy Term	35 Years - for Single / Limited / Regular Pay;
Premium Payment Term	Single Pay: Single; Regular Pay: Same as Policy Term (i.e. 10 Years); Limited Pay: 5 Years - for 10 Years Policy Term; 10 Years - for 15 Years Policy Term;
Minimum Sum Assured	Rs. 25,00,000/-
Maximum Sum Assured	No limit, subject to underwriting
Minimum Premium	Based on the minimum Sum Assured

Benefits

Particulars	Description
Death Benefits	In case of death of the Life Insured during the policy term, provided the policy is in force and all due premiums have been paid till the date of death, the Death Benefit payable to the nominee/beneficiary shall be the Sum Assured on Death, which is the highest of: i) 11 times Annualized Premium; or ii) 105% of all premiums paid as on date of death; or iii) Absolute amount assured to be paid on death equal to the Sum Assured; or iv) Sum Assured on Maturity, equal to the zero under the policy. Multiple Death Benefit Payout Option: At the inception of the policy, the Life Insured has to choose the Death Benefit Payout Option from one of the three options, a) Lumpsum : Under this option, 100% of the Death Benefit (as defined in Part 2 above) will be paid immediately on death as lumpsum. b) Monthly Income : Under this option, the Death Benefit will be paid as 1.04% of the Sum Assured every month in the form of Monthly Income, payable for 10 years with the first installment being payable immediately on death. c) Lumpsum plus Monthly Income : Under this option, 50% of the Death Benefit will be paid immediately on death as lumpsum and the remaining 50% of the Death Benefit will be paid as 0.93% of the total Sum Assured every month in the form of Monthly Income, payable for 5 years with the first installment being payable immediately on death.
Loan against policy	No loan facility available under this plan
Surrender Benefit	The policy acquires a surrender value after the payment of two annualized premiums under limited pay option with 5 years PPT and three annualized premiums for limited pay option with 10 years PPT and immediately for single pay option. No surrender value will be payable for regular pay option.

Insurance Company

Aegon Religare Life Insurance

Aviva Life Insurance

Bajaj Allianz Life Insurance

Bharti Axa Life Insurance

Birla Sun Life Insurance

Canara HSBC OBC Life Insurance

DHFL Pramerica Life Insurance

Edelweiss Tokio Life Insurance

Exide Life Insurance

Future Generali India Life Insurance

HDFC Life Insurance

ICICI Pru Life Insurance

IDBI Federal Life Insurance

IndiaFirst Life Insurance

Kotak Mahindra life Insurance

LIC

Max Life Insurance

PNB Metlife India Insurance

Reliance Life Insurance

Sahara India Life Insurance

SBI Life Insurance

Shriram Life Insurance

Star Union Dai-Ichi Life

Tata AIA Life Insurance

Housing Loan EMI Calculator

Taking a Housing Loan? Check how much will be your EMI

Loan Amount (Rs.)

Interest rate

Tenure

SIP as per need – SIP Calculator

Check what should be your SIP amount to get a big sum of money in future

I Want Rupees

in years.

Your Expectations of Returns

Result

You will need to do an SIP of Rs. Per Month

Table for Growing SIP

Monthly Amount For SIP Needed

Expected Returns
8	10	12	15	17.5	20

Table for Non Growing SIP

Monthly Amount For SIP Needed (non-growing)

Section	Description
SEC 80 C	Tax deduction up to Rs. 1,50,000 of premiums can be claimed under Section 80C of the Income Tax Act, 1961 for premium payments made towards a term insurance policy.
SEC 10 (10)D	As per Section 10(10D) of the Income Tax Act, 1961, any amount received under a Life Insurance Policy, including bonus is exempt from tax.

NAV Name	Nav Date	Nav Rs
No Data Found

Exp. Returns(%)

Number of Years of SIP

Exp. Returns(%)