Bharti AXA Life
Monthly Advantage

 

Let’s take a look at following case study :

 

Advait is a 35 year old, salaried individual working with an MNC. His wife is a homemaker and he has a daughter who is 5 years old. He wishes to invest in a plan that allows his family and him to receive a steady stream of income over a period of time, without having to stay invested in the plan for a long duration. The plan should also give him the flexibility of choosing the period for which he can receive this income. Additionally, he wants a plan that will allow his family to receive this income in case something unfortunate was to happen to him.

 

How does Advait benefit by purchasing Bharti AXA Life Monthly Advantage?

 

Looking at Adavit’s profile, we suggest Advait invest in the plan for a period of 8 years, with a Policy Term of 16 years. He selects a Sum Assured of ₹ 2,50,000 for which his Annual Premium is ₹ 37,405 (without applicable taxes).

 

 

 

*The Gross rate of return shown above is the return earned on the participating fund of the company *4% and 8% rates are used only for illustration purposes and are not guaranteed

 

Needs Met :

 

• Advait starts receiving Guaranteed Monthly Income of ₹ 3,429 by the time his daughter is 13 years old. The Monthly Income he receives after completion of the premium payment term can be supplemented to cater to the growing needs of his child.
• With this plan he also ensures that if something unfortunate were to happen to him, his family continues to receive this supplementary income which can be of extreme importance to a family that is faced with such exigencies.