The plan gives life insurance coverage and benefits of a savings product at affordable rates so that you can secure your family’s future and plan for various life goals.
Get Life Insurance Cover for the entire policy term Choose Whole Life Cover to stay protected up to 100 years. Protect your family with Waiver of PremiumGet 15x protection* throughout the policy term with the higher death benefit option
*Available through Higher Death Benefit Variant under Endowment Option
4 plan options to choose from:
Moneyback Option
Immediate Income Option
Whole Life Income Option
Endowment Option
Tax Benefits You may be eligible for the tax benefits on the premiums paid and on the benefits received subject to the prevailing tax laws.
The tax benefits are subject to change as per change in Tax laws from time to time.
Multiple Plan Options
Waiver of Premium
Flexibility in Policy Terms
These illustrative life scenarios lay out several use cases to help you see how this life insurance plan works.
Scenario
Siddharth, age 35 years, decides to purchase Bharti AXA Life Unnati. He opts for the Endowment Option – Base Variant considering he wants a lump sum benefit at maturity and opts for a policy term of 24 years and a premium payment term of 12 years.
He wants to pay a premium of Rs. 50,000 p.a. (exclusive of taxes, rider premiums, underwriting extra premiums, if any). The Sum Assured on Maturity would be Rs. 8,62,830 and Sum Assured on Death would be Rs. 5,25,000
The below cases illustrate the benefits that Siddharth would receive in the Endowment Option - Base Variant.
Case I
From the 1st policy year, Simple Reversionary Bonus, if declared, may accrue at the end of each policy year till the end of the policy term.
Siddharth pays the premiums for the entire duration of the premium payment term that is, 12 years.
At maturity, a lump sum Maturity Benefit is payable.
Total Premium Paid (Rs.)
Estimate Benefits Payable (Rs.)