Bharti AXA Life
Wealth Pro
(UIN: 130L100V03)(ADVT No. II-Dec-2022-4600)
A Unit Linked, Non-participating Individual Life Insurance Plan
Why Choose Bharti AXA Life Wealth Pro?
This plan offers you a comprehensive financial solution that gives you a life cover up to 10 times of your premium and helps build wealth over the long term to ensure that you and your family fulfil all your aspirations.
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Dual Variants
(i) Growth Variant :
The policy term options available are 10, 15, 20, 25 and 30 years with multiple Premium Payment term options.
(ii) Legacy Variant :
To provide a legacy fund to your loved ones, we offer you a Legacy variant that provides a life insurance coverage of 10 times the annualized premium throughout your policy term (99 years).
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Wealth Booster
A percentage of Fund Value is added as wealth booster subject to policy being in force. Wealth Boosters are available under both Growth and Legacy variants.
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Multiple Investment Strategies
The plan lets you choose from 2 investment strategies - Dynamic Fund Allocation and Systematic Transfer Plan and multiple fund options based on the investment goals and risk-return potential.
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Tax Benefits
You may avail the tax benefits on the premiums paid and the benefits received, subject to the prevailing tax laws. The tax benefits are subject to change as per change in tax laws from time to time.
Key Benefits
Dual Variants
Multiple Investment Options
Tax Benefits
Wealth Booster
IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER
How Does the Plan Work?
Bharti AXA Life Wealth Pro is a unit linked, non-participating individual life insurance plan that helps you keep your family’s future well protected while you aim at achieving your milestones.
Make your plan with ease
Pick a plan option
Choose one of the options, as per your needs.
Growth Variant
In this variant the policy term options available are 10, 15 ,20, 25 and 30 years with multiple Premium Payment term options.
Legacy Variant
This variant provides a life insurance coverage of 10 times the annualized premium throughout your policy term (99 years).
Growth Variant
In this variant the policy term options available are 10, 15 ,20, 25 and 30 years with multiple Premium Payment term options.
Legacy Variant
This variant provides a life insurance coverage of 10 times the annualized premium throughout your policy term (99 years).
Now, add a rider
For added protection the following riders can be availed by paying additional premium along with Bharti AXA Life Wealth Pro:
Bharti AXA Life Hospi Cash Rider (UIN: 130B007V04):
This rider allows payment of a fixed benefit for each day of hospitalization subject to maximum of 40 days per year and also provides lump sum benefit in case of surgery.
Bharti AXA Life Term Rider (UIN: 130B009V02):
Under this rider, the policyholder can increase the life insurance coverage for a nominal premium.
Bharti AXA Life Premium Waiver Rider (UIN: 130B005V04):
Under this rider, in case the Life Insured is diagnosed from any of the 13 critical illnesses covered under the rider, the future premiums are waived off and the benefits under the policy will continue.
Please refer rider brochure for complete details on terms and conditions and exclusions before opting for the rider.
Bharti AXA Life Linked Complete Shield Rider (UIN: 130A012V01):
Receive additional sum assured chosen under the rider in case of happening of a covered event.
Insurance Jargon Explained
Maturity Benefit
It is the amount which the insurance company pays to the policy holder on the completion of the Policy Term, if the Life Insured has survived the entire duration of the Policy. This amount includes the guaranteed sum of money called as Sum Assured on Maturity and also the Accrued Bonuses, if applicable.
Rider
A provision attached to a policy that adds benefits not available in the original policy or that changes the original policy.
Riders help the Policyholder in enhancing the insurance product to meet specific needs by adding protection benefits to the basic Insurance Plan at a lower additional cost. For example, Bharti AXA Life Hospi cash rider provides fixed per day cash benefit to the Policyholder for each day of hospitalisation, thus providing benefits of a health plan along with base Life Insurance plan.
Premium
The payment, or one of the regular periodic payments, that a policyholder makes to an insurer in exchange for the insurer's obligation to pay benefits upon the occurrence of the contractually-specified contingency (e.g., death).
Sum Assured
Sum assured is the amount that an insurer agrees to pay on the occurrence of a stated contingency (eg: Death).
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Disclaimer :
Unit Linked Life Insurance products are different from the traditional products and are subject to market risks.
The premium paid in Unit Linked Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions.
Bharti AXA Life Insurance Co. Ltd. is only the name of the insurance company and Bharti AXA Life Wealth Pro (UIN:130L100V03) is only the name of the unit linked, non-participating individual life insurance plan and does not in any way indicate the quality of the contract, its future prospects or returns.
Bharti AXA Life Insurance Co. Ltd. is only the name of the insurance company and [Name of the Product (with UIN)] is only the name of the unit linked insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns.
Please know the associated risk and applicable charges from your Insurance Advisor or the intermediary or the policy document issued by the insurance company.
The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects or returns.
Past performance of the Fund Options is not indicative of future performance. All benefits payable under this policy are subject to tax laws and other fiscal enactments in-effect from time to time, please consult your tax advisor for details.
For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale.
∼For 35 year old male, invested 100% in growth opportunities plus fund, on online purchase of the policy with PT=25 and PPT=10. The Unit Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender or withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year. 8% or 4% are used only for illustrative purpose.