Bharti AXA Life eFuture Invest
(UIN:130L063V02)
(ADVT NO:II-Dec-2019-2017)
In this policy, the investment risk in investment portfolio is borne by the policyholder.
A unit-linked, online investment plan that offers you both good returns and an added life cover. To get the most of this income tax-saving investment, all you must do is choose between a single premium or a premium payment term of 5 years while you reap the benefits for 10.
4 Reasons to Buy
- An affordable online Investment Plan. Buy the plan at a convenience of a click. Moreover, as this is an online plan, there are no commissions payable and hence the policy charges are lower.
- Choose between two premium payment terms - Single Pay or a limited premium payment term of 5 years while accruing benefits for 10 along with the flexibility of partial withdrawals. You can stay invested in the funds for an extended period of 5 years after Maturity. You can also withdraw money from your Policy Fund Value any time after the completion of five policy years.
- Zero allocation charges (other charges as applicable). Since there is no Premium allocation charge, 100% of Premiums paid will be allocated to the funds chosen by you. Other charges levied as applicable.
- Receive Tax benefits on the Premiums paid and benefits received. This is one of the best tax saving investment plans available. They are subject to change as per change in Tax laws from time to time.
Plan Details
How it works?
Let’s take a look at this case study
35-year-old Aditya purchases our Bharti AXA eFuture Invest and would like to invest in the Grow Money Plus Fund. He chooses a 10-year policy term for a Sum Assured of ₹ 5,00,000. He pays an annual premium of ₹ 50,000 for 5 years.
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He starts paying ₹ 50,000* annually
1ST POLICY YEAR
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He finishes paying annual premiums
5TH POLICY YEAR
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At an assumed 4% rate of return, he receives ₹ 2,59,676 (Fund Value) on maturity
At an assumed 8% rate of return, he receives ₹ 3,58,776 (Fund Value) on maturity10TH POLICY YEAR
Disclaimer: # 4% and 8% rates are used only for illustration purposes and are not guaranteed. The values represented with 4% & 8% are not the upper or lower limits of what one can expect from this policy, as it is dependent on number of factors including investment performance
Sad Demise
In case of death, his family will receive higher of Sum Assured or Fund Value
| Parameter | Eligibility |
| Minimum age at entry | 18 years (age last birthday) |
| Maximum age at entry | 60 years (age last birthday) |
| Maximum age at Maturity | 70 years (age last birthday) |
| Premium modes | Yearly, Half-yearly, Quarterly* and Monthly*. |
| Minimum Premium | Premium Payment Term: 5 years Annual – ₹ 18,000 Semi Annual – ₹ 9,000 Quarterly – ₹ 4,500 Monthly – ₹ 1,500 Premium payment term: Single Pay ₹ 25000 |
| Maximum Premium | ₹ 1,00,00,000 for 5 pay ₹ 8,00,00,000 for Single pay |
| Policy benefit period | 10 years |
| Premium payment term | Single Pay and 5 years |
* Payment only through ECS