Why Choose Bharti AXA Life Flexi Save?

It is a savings plan that helps you save towards meeting your goals, at the same time it gives you the flexibility of withdrawing your savings with all the benefits accrued, anytime during the Flexi benefit period.

Triple Premium Payment Terms
Pay 5: Premiums with a Policy Term of 20 years; Pay 7: Premiums with a Policy Term of 25 years and Pay 12: Premiums with a Policy Term of 30 years.
Potential Upside through Bonuses
A non-guaranteed simple annual reversionary bonus gets accrued to the policy from the end of 1st Policy year and will get paid out on Maturity or on death. A terminal bonus may also be declared, which will be paid out in case of death or Maturity, whichever is earlier.
Flexibility to Modify Policy Term
Flexibility of withdrawing your savings anytime during the Flexi benefit period by modifying your Policy Term while the Policy is in force. Anytime during the Flexi benefit period, you can decide to pre-pone the Maturity benefit of your policy and enjoy the full benefits due in the Policy (i.e., 100% of Sum Assured plus accrued bonus till date plus terminal bonus (if any).
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

Maturity Benefit

Death Benefit

Triple Premium Payment Terms

Flexible Policy Term

Tax Benefits**

How Does the Plan Exactly Work?

35 year old Siddharth chooses our Bharti AXA Life Flexi Save with a policy term of 20 years as he wishes to receive guaranteed benefits along with the flexibility of withdrawing money any time during the flexi benefit pay-out period. He pays an annual premium of ₹ 30,000 for 5 years for a Sum Assured of ₹ 1,69,943.

1st Policy Year

Starts paying an annual premium of ₹ 30,000*

10th Policy Year

Flexi Benefit period from 10th to 20th Policy year. At any time, he can decide to pre-pone the maturity benefit and avail the full benefits due i.e., 100% Sum Assured plus accrued bonus till date plus terminal bonus, if any.

20th Policy Year

If Siddharth survives, he receives ₹ 3,02,243 at maturity (Sum Assured ₹ 1,69,943 along with accrued bonuses + terminal bonus at maturity @8% of ₹ 1,32,300)

Accrued bonuses + terminal bonus at maturity @4%: ₹ 66,150

*Premium is exclusive of service tax and cess

# 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 his untimely death, his nominee will receive higher of’ the Sum Assured or 105% of Premiums paid or 11 times Annual Base premium + accrued reversionary bonus and terminal bonus, if any.

Make Your Plan with Ease

Pick Premium Payment Term

Choose one of the options, as per your financial goals.

5 Pay

Policy Term- 20 years

Flexible Benefit Period- Any time between the end of 10 to 20 years

7 Pay

Policy Term- 25 years

12 Pay

Policy Term- 30 years

5 Pay

Policy Term- 20 years

Flexible Benefit Period- Any time between the end of 10 to 20 years

7 Pay

Policy Term- 25 years

Flexible Benefit Period- Any time between the end of 15 to 25 years

12 Pay

Policy Term- 30 years

Flexible Benefit Period- Any time between the end of 20 to 30 years

Now, Add a Rider

You may enhance your protection under this Plan by opting for the following rider(s):

Bharti AXA Life Hospi Cash Rider (UIN:130B007V04):

This rider allows payment of a fixed benefit for each day of hospitalisation. It also offers a fixed amount benefit if you are admitted in an Intensive Unit Care or a lump sum benefit in case of surgery.

Premium Waiver Rider (UIN: 130B005V04):

100% of all future premiums under the base policy are waived and paid by the company on the death & total permanent disability or critical illness of Proposer, depending on the chosen option.

Bharti AXA Life Term Rider (UIN: 130B009V02):

Under this rider the policyholder can increase the life insurance coverage for a nominal premium.

Please refer to the rider brochure for complete details on terms and conditions and exclusions before opting for the rider. Riders are optional and are available at an extra cost.

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.

Insurability

Insurability refers to all conditions pertaining to individuals seeking insurance; that affect their health, susceptibility to injury and life expectancy; an individual's risk profile.

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).

View all Jargon

^**Tax benefits are in accordance to current tax laws that are subject to change from time to time.

Bharti AXA Life Flexi Save

Why Choose Bharti AXA Life Flexi Save?

Key Benefits

How Does the Plan Exactly Work?

Make Your Plan with Ease

Pick Premium Payment Term

5 Pay

7 Pay

12 Pay

5 Pay

7 Pay

12 Pay

Now, Add a Rider

Bharti AXA Life Hospi Cash Rider (UIN:130B007V04):

Premium Waiver Rider (UIN: 130B005V04):

Bharti AXA Life Term Rider (UIN: 130B009V02):

Insurance Jargon Explained

Maturity Benefit

Insurability

Premium

Sum Assured

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