Bharti AXA Life Vantage Income Plan: Instant Income Savings Life Insurance with Guaranteed Returns

Why Choose Bharti AXA Life Vantage Income Plan?

Life can be unpredictable and so it is essential to plan for life`s big moments well in advance. Every milestone – from your child`s education to a peaceful retirement demands financial foresight. Securing your family`s financial future requires a balance of growth and protection. At Bharti AXA Life, we recognize that true financial security is built on two pillars: protecting what you have today and guaranteed growth for tomorrow. To bridge this gap, we are launching Bharti AXA Life Vantage Income Plan – a guaranteed savings and life insurance plan. It is designed to provide steady financial certainty during uncertain times by safeguarding your family`s standard of living. It also establishes a reliable second stream of cash flow, tailored to your timeline.

Guaranteed Benefits: Enjoy 100% assured payouts that can provide complete certainty for achieving major milestones.
Comprehensive life cover: Maintain continuous financial protection for your family across the entire policy term by getting a life cover.
Flexibility: Get an option to choose from two plan variants, Income Advantage for payouts starting at the end of the first year or Future Income for payouts that begin immediately after your premium payment term ends, premium payment term, policy term, death benefit multiple, based on your personal choice and needs.
Personalized Income Goal: Choose your own Guaranteed income percentage to match your specific life goals.
Flexi Wallet: Enjoy the flexibility to accumulate your guaranteed income within the built-in Flexi-Wallet and access it as per your requirement.
Tax Benefits: Save on taxes on your premiums and returns as per prevailing tax laws.
Extra Protection (Riders): Boost your protection coverage by adding optional riders for a small extra premium.

Key Benefits

Choice of Income

Income Frequency

Flexi-Wallet

How Does the Plan Work?

Following illustrative scenarios will help you understand different options offered by Bharti AXA Life Vantage Income Plan:

Aman is 35 years old and is a salaried professional looking to secure his financial future while ensuring financial protection for his family. With various financial goals ahead, he wants to build a dedicated corpus through disciplined savings.

Aman chooses Bharti AXA Life Vantage Income Plan and opts for Income Advantage considering he wants income starting from the 1st year and for a longer period. He chooses to pay for 10 years and policy term of 25 years. He chooses the Guaranteed Income Factor of 20% to meet his income needs, and wishes to receive the income annually. He chooses to pay a premium of Rs. 1,00,000 (exclusive of taxes) annually. He chooses his death benefit multiple as 11.

PPT: 10 | PT: 25 | Guaranteed Income Factor: 20% | Premium: Rs. 1,00,000 | DBM: 11

Case I: On survival till policy maturity

Aman pays the premiums for the entire duration of the premium payment term that is 10 years. Guaranteed Income starts from the end of 1st policy year and is payable at the end of each policy year till the maturity date that is end of 25th Policy year.

On survival till end of 25th year, a Guaranteed Maturity Benefit is paid on maturity date.

Aman receives guaranteed income of Rs. 20,000 annually starting from the end of 1st policy year until the end of policy term i.e. 25th year. He also receives Rs. 17 lacs at maturity i.e. end of policy term.

Total Premium Paid (INR)		₹10,00,000
Benefits Payable		Benefit Amount	Timing of Benefits
Survival Benefit	Guaranteed Income (p.a.)	Rs. 20,000	Starting from end of 1^st policy year till the end of 25^th policy year
Total Guaranteed Income paid		Rs. 5,00,000	-
Maturity Benefit	Guaranteed Maturity Benefit	Rs. 17,00,375	End of 25^th Policy year

Case II: Death during Policy Term

In case of Aman’s death during the policy term in the 12th year, his family would receive death benefit of INR.11,00,000 immediately on death.

All the above examples are for offline illustration purposes only.

Total Premium Paid (INR)	₹10,00,000
Benefits Payable	Benefit Amount	Timing of Benefits
Survival Benefit	Guaranteed Income (p.a.)	Rs. 74,475	Starting from end of 11^th policy year till the end of 25^th policy year
Total Guaranteed Income paid	Rs. 11,17,130	-
Maturity Benefit	Guaranteed Maturity Benefit	Rs. 15,00,000	End of 25^th Policy year

Parameter	Income Advantage	Future Income
Minimum Age at Entry#^ (in years)	DBM 7 & 11: 0 (91 days)
DBM 5: 50
Maximum Age at Entry# (in years)	DBM 5, 7 & 11: 60
Premium Payment Term & Policy Term (in years)	PPT	PT
5	15, 20, 25, 30
7	15, 20, 25, 30
10	15, 20, 25, 30, 35, 40
12	15, 20, 25, 30, 35, 40, 45
Minimum Maturity Age#	18
Maximum Maturity Age#	75
Minimum Annualized Premium	Rs. 22,000
Maximum Annualized Premium	No Limit, subject to Board Approved Underwriting Policy For policies sold through POS Channel, the maximum Annualized Premium will be as per prevailing POS guidelines, as amended from time to time
Minimum Sum Assured	Rs. 1,10,000
Maximum Sum Assured	No limit, shall be subject to Board Approved Underwriting Policy. For policies sold through POS Channel, the maximum Sum Assured will be as per prevailing POS guidelines, as amended from time to time.
Premium Payment Modes	Annual, Semi-annual, Quarterly, Monthly
Income Frequency	Annual, Semi-annual, Quarterly, Monthly

Premium Bands	Annualized Premium (in INR)
Band 1	22,000 to less than 50,000
Band 2	50,000 to less than 1,00,000
Band 3	1,00,000 to less than 4,50,000
Band 4	4,50,000 and above

Income Frequency	Income Modal Factor
Annual	100%
Semi-Annual	98% of Income x 1/2
Quarterly	97% of Income x 1/4
Monthly	96% of Income x 1/12

Make your plan with ease

Decide how much you want to contribute towards your goal or how much Income do you want and when?

Make the following choices based on your above financial needs

Choose the plan variant that meets your requirements

Chose the Premium Payment Term, Policy Term, Premium amount

Select the Death Benefit Multiple, Guaranteed Income Factor (for variant 1)

Here, Guaranteed Income is equal to Guaranteed Income Factor multiplied by the Annualized Premium multiplied by the Income Modal Factor

Decide how much you want to contribute towards your goal or how much Income do you want and when?

Make the following choices based on your above financial needs

Choose the plan variant that meets your requirements

Variant 1: Income Advantage
Variant 2: Future Income

Chose the Premium Payment Term, Policy Term, Premium amount

Select the Death Benefit Multiple, Guaranteed Income Factor (for variant 1)

DBM Multiple 11 & 7: For entry age 0 (91 days)
DBM Multiple 5: For entry age 50 years

Here, Guaranteed Income is equal to Guaranteed Income Factor multiplied by the Annualized Premium multiplied by the Income Modal Factor

Now, add a rider

The Bharti AXA Life Vantage Income Plan makes you feel good about life insurance. The plan offers you the provision to buy additional peace of mind.

Bharti AXA Life Term Rider (UIN: 130B009V03):

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

Bharti AXA Life Hospi Cash Rider (UIN: 130B007V05):

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 Non-Linked Complete Shield Rider (UIN: 130B011V02):

Receive additional sum assured chosen under the rider in case of happening of a covered event.

Bharti AXA Life Premium Waiver Rider (UIN: 130B005V05):

Under this rider, in case the Life Insured is diagnosed from any of the 11 critical illnesses covered under the rider, the future premiums are waived off and the benefits under the policy will continue.

Note : Riders are subject to additional premiums and terms. Refer to the brochure for details.

Your Questions Answered

How do I know my ideal Sum Assured?

The ideal income for your chosen Sum Assured is showed in the premium box. Depending on your income status you can either increase or decrease your Sum Assured.

What will be the difference if I take the policy from an aggregator?

There is no difference. Web aggregators just advertise the benefits of Bharti AXA Life products on their website. All applications for purchasing the policy are directly routed to the Bharti AXA Life website. A customer cannot directly purchase the policy from an aggregator.

I do not have my policy details readily available with me either for Bharti AXA Life or for any other Insurance Company.

We suggest you save the data entered till now & collect the information requested for completing this information. Any non-disclosure can have a direct impact on your application.

Insurance Jargon Explained

Sum Assured

Sum assured is the amount that an insurer agrees to pay on the occurrence of a stated contingency (eg: Death).

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.

Coverage

The amount of protection provided to the Policyholder on the basis of premium amount and the terms of the policy.

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.

View all Jargon

Disclaimers

Bharti AXA Life Vantage Income Plan is a non-linked, non-participating individual savings life insurance plan.
Life insurance coverage is available under this policy.
Tax benefits are subject to the Income Tax Act, 2025, and may change.
Riders are optional and available at an additional cost.
IRDAI Registration No.: 130, dated 14/07/2006.
Beware of spurious calls or fraudulent offers. IRDAI is not involved in selling policies or announcing bonuses.

Bharti AXA Life
Vantage Income Plan

Why Choose Bharti AXA Life Vantage Income Plan?

Key Benefits

How Does the Plan Work?

Make your plan with ease

Decide how much you want to contribute towards your goal or how much Income do you want and when?

Make the following choices based on your above financial needs

Choose the plan variant that meets your requirements

Chose the Premium Payment Term, Policy Term, Premium amount

Select the Death Benefit Multiple, Guaranteed Income Factor (for variant 1)

Here, Guaranteed Income is equal to Guaranteed Income Factor multiplied by the Annualized Premium multiplied by the Income Modal Factor

Decide how much you want to contribute towards your goal or how much Income do you want and when?

Make the following choices based on your above financial needs

Choose the plan variant that meets your requirements

Chose the Premium Payment Term, Policy Term, Premium amount

Select the Death Benefit Multiple, Guaranteed Income Factor (for variant 1)

Here, Guaranteed Income is equal to Guaranteed Income Factor multiplied by the Annualized Premium multiplied by the Income Modal Factor

Now, add a rider

Bharti AXA Life Term Rider (UIN: 130B009V03):

Bharti AXA Life Hospi Cash Rider (UIN: 130B007V05):

Bharti AXA Life Non-Linked Complete Shield Rider (UIN: 130B011V02):

Bharti AXA Life Premium Waiver Rider (UIN: 130B005V05):

Your Questions Answered

How do I know my ideal Sum Assured?

What will be the difference if I take the policy from an aggregator?

I do not have my policy details readily available with me either for Bharti AXA Life or for any other Insurance Company.

Where can I get the list of diagnostic / medical centres?

Insurance Jargon Explained

Sum Assured

Maturity Benefit

Coverage

Rider

Setting up your experience...

Bharti AXA LifeVantage Income Plan

Why Choose Bharti AXA Life Vantage Income Plan?

Key Benefits

How Does the Plan Work?

Make your plan with ease

Decide how much you want to contribute towards your goal or how much Income do you want and when?

Make the following choices based on your above financial needs

Choose the plan variant that meets your requirements

Chose the Premium Payment Term, Policy Term, Premium amount

Select the Death Benefit Multiple, Guaranteed Income Factor (for variant 1)

Here, Guaranteed Income is equal to Guaranteed Income Factor multiplied by the Annualized Premium multiplied by the Income Modal Factor

Decide how much you want to contribute towards your goal or how much Income do you want and when?

Make the following choices based on your above financial needs

Choose the plan variant that meets your requirements

Chose the Premium Payment Term, Policy Term, Premium amount

Select the Death Benefit Multiple, Guaranteed Income Factor (for variant 1)

Here, Guaranteed Income is equal to Guaranteed Income Factor multiplied by the Annualized Premium multiplied by the Income Modal Factor

Now, add a rider

Bharti AXA Life Term Rider (UIN: 130B009V03):

Bharti AXA Life Hospi Cash Rider (UIN: 130B007V05):

Bharti AXA Life Non-Linked Complete Shield Rider (UIN: 130B011V02):

Bharti AXA Life Premium Waiver Rider (UIN: 130B005V05):

Your Questions Answered

How do I know my ideal Sum Assured?

What will be the difference if I take the policy from an aggregator?

I do not have my policy details readily available with me either for Bharti AXA Life or for any other Insurance Company.

Where can I get the list of diagnostic / medical centres?

Insurance Jargon Explained

Sum Assured

Maturity Benefit

Coverage

Rider

Setting up your experience...

Bharti AXA Life
Vantage Income Plan