Bharti AXA Life Dhan Varsha Plan

• Guaranteed Survival Benefits
• Get Cash Bonuses
• Offers guaranteed Maturity Benefit
• Offers death benefit during the policy term
• Flexible policy term & premium payment option
• Avail Loan benefit
• Riders to enhance protection
• Avail tax benefits

Death Benefit

In the event of death of the life insured during the term of the policy, the higher of 105% of all the premiums paid or Sum Assured on Death is payable. Here Sum Assured on Death is higher of Absolute amount assured to be paid on death, Sum Assured on Maturity, or 10 times the Annualized Premium.

Maturity Benefit

On survival of the life insured till maturity of the policy, Sum Assured on Maturity is payable, provided the policy being in-force.

Guaranteed Survival Benefits

Guaranteed Survival Benefits start after completion of the 10th policy year until one year before maturity or death of Life Insured, whichever is earlier. Guaranteed Survival Benefit is 6% of the Sum Assured.

Bonus

Non-guaranteed cash bonuses are a percentage of Sum Assured and it starts from the end of the 7^th Policy year, until maturity or death, whichever is earlier.

Loan Benefit

The loan amount can be availed up to 70% of the acquired Surrender Value.

Surrender Value

This policy acquires Surrender Value after paying at least three full policy years’ premium. The Surrender Value payable is higher of Guaranteed Surrender Value or Special Surrender Value.

Tax Benefit

This policy provides tax benefits for premiums paid under section 80C and the benefits received under section 10 (10D) of the Income Tax Act, subject to amendment in tax laws.

Following riders can be opted, on payment of additional rider premium.

Riders in policy are just for making things possible for you, in your worst time or in your worst situation. Having riders with policy is like having support with you.  

Hospi Cash Rider 

If you are admitted to the hospital, then during hospitalization the policy will provide a fixed amount till you are in hospital, the reason behind it is "policy provides you daily wages that you earn daily". 

Accidental Death Benefit Rider

During riding a bike or car, if you met an accident and unfortunately you die and you are an insured person, then as per policy's norms they will provide you additional sum assured on the demise of the insured person. 

Premium Waiver Rider 

Premium waiver rider helps you, in the situation of helplessness. Suppose, you're living your life peacefully, but due to mishappening you met a major accident, and your chances of survival are low. Fortunately, you survived but due to a serious accident, you are physically impaired. In this situation, Premium waiver rider plays a significant role, and it proves helpful in getting your policy premium payment waived. 

Raman at 30 years, wants to buy Bharti AXA Life Dhan Varsha to get regular money backs along with life protection. He opts the plan with the policy term of 25 years, premium paying term of 15 years, sum assured is Rs 10,85,069 with annual premium of Rs 1,00,000.

Scenario A: Raman Survives the Policy Term

If Mr. Raman survives till the maturity of the policy term, he receives Rs 10,85,069 as Sum Assured on Maturity. This maturity benefit helps fulfill your financial obligations.

Scenario B: Raman dies during the Term of the Policy

In the event of demise of Mr. Raman during the policy term, the higher of 105% of all the premiums paid or Sum Assured on Death is payable to the nominee.

Benefit Illustration: