Bharti AXA Life
Elite Advantage

A plan that offers Guaranteed Payouts# of 8.5% to 9.5% of Sum Assured on Maturity from the end of the policy term and 100% Sum Assured at Maturity^. It also provides comprehensive protection until the end of the policy term. With two benefits in one plan, now you don't have to compromise anymore.

• Guaranteed Benefits
  Enjoy guaranteed benefits at regular intervals. A percentage of the Sum Assured on Maturity will be paid during the Maturity pay-out period as a guaranteed maturity benefit starting from the end of the Policy Term till the end of the 19th year. You can choose whether the Guaranteed pay-outs will be annual/semi-annual/quarterly.
• Guaranteed Lump-sum Benefit
  Enjoy Guaranteed lump sum benefit at Maturity. 100% of Sum Assured on Maturity is paid at the end of 20th year from the policy date.
• Multiple Premium Payment Terms
  You have the option to choose premium payment terms from 5, 7, and 12 years.
• 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. GST shall be applicable on premium as per the prevailing Tax Laws.

Key Benefits

Multiple Premium Payment Terms

How Does the Product Work?

• Case study
• Who Can Buy?
• Premium Rates

Let’s take a look at this case study

Mohan purchases Bharti AXA Life Elite Advantage Plan and pay ₹1,00,000 as Annualized Premium. He chooses a Policy Term of 12 years and a Premium Paying Term of 12 years. Assuming that Mohan is in good health, his Sum Assured as per his age is ₹ 11,59,017.

1st Policy Year

Starts paying an annual premium of ₹ 1,00,000* every year

12th Policy Year

Finishes paying an annual premium of ₹ 1,00,000*

End of 12th Policy Year

He receives a Guaranteed pay-out of ₹ 1,10,107 annually (9.5% of sum assured at maturity)

He receives a lump sum amount of ₹ 11,59,017 at the end of the 20th year.
*Premium is exclusive of tax

19th Policy Year

He continues to receive the maturity benefit in regular instalments from the end of the policy term till the end of the 19th year.

He receives a lump sum amount of ₹ 11,87,648 at the end of the 20th year.

*Premium is exclusive of tax

Sad Demise

In case of the unfortunate event of his death before the maturity of the policy, his family will get higher of 100% of Sum Assured or 105% of the Premiums paid or 11 times the Annualized Base Premium.