Coverfox.com
  • Insurance
    • Car
      • Car Insurance
      • Companies
      • Third party car insurance
      • Comprehensive car insurance
      • Car insurance calculator
      • New car insurance
      • Zero Dep Car Insurance
      • Buy Car Insurance
      • Compare Car Insurance
    • Bike
      • Two Wheeler Insurance
      • Two Wheeler Insurance Companies
      • Two Wheeler Insurance Claim
      • Two Wheeler premium Calculator
      • Third party Bike insurance
      • Multiyear Bike Insurance
    • Health
      • Health Insurance
      • Companies
      • Mediclaim Policy
      • Individual Health Insurance plans
      • Critical illness insurance
      • Senior citizen health insurance
      • Arogya sanjeevani policy
      • Coronavirus Health insurance
    • Term
      • Term Insurance
      • Companies
      • Life insurance
      • Life Insurance calculator
      • Term Insurance calculator
      • Life Insurance Plans
      • 1 crore term insurance
      • Compare Term Insurance
      • Buy Term Insurance
      • Term Insurance Renewals
    • Investment
      • Investment Plans
      • Companies
      • Buy Investment Plans
      • Child Plans
      • Pension Plans
      • ULIP
      • Endowment Policy
      • Tax saving investment
      • Buy ULIP
      • Best ULIP
  • About Coverfox
    • About us
    • Insurance Blog
  • Claims
  • Contact us
  • Login
Best investment policies at lowest premiums.
Top performing investment plans, better than mutual funds.
Plans with zero commissions
and lowest charges in the market.
tax-free returns
Benefits for 80C, 10(10D) and no LTCG.
4.7/5
star star star star half star
4.6/5
star star star star half star
Highest rated insurance website

Bharti AXA Life Future Invest Plan

Bharti AXA Life Future Invest is a linked limited pay life insurance product. The market-linked policy invests the premium amount toward building the fund, without charging any allocation fee. It also provides benefits for 10 years, while premiums only need to be paid for the first five.

About Bharti AXA Life Insurance - Bharti AXA Life insurance is a joint venture between Bharti and AXA. At present, Bharti Group holds a 51% stake, while AXA owns a 49% stake. Bharti AXA Life Insurance started its business operations during the second wave of growth in the private insurance space in 2006.

(Note - All the information contained in this page has been sourced from the official website of Bharti AXA Life Insurance.)

Features of Bharti AXA Life Future Invest Plan

The features of Bharti AXA Life Future Invest Plan are as under:

  • Limited Premium Payment
  • Zero Allocation Charge
  • Life Insurance Benefits
  • Choice of 6 Funds
  • Extendable Investment Period
  • Liquidity Benefit with Partial Withdrawal:

Benefits of Bharti AXA Life Future Invest Plan

Life Insurance Benefit:

The life insurance benefit payable under the policy will be higher of

Sum assured

  1. 105% of all premiums paid till the date of intimation of demise (excluding underwriting extra)
  2. Policy fund value at that point in time b. Maturity Benefit:

The policy fund value shall be payable to the life assured on the maturity date. Policyholders can select any one of the below options for claiming the maturity benefit:

  1. Lump sum payment of the policy fund value
  2. Withdrawal of maturity benefit at regular intervals chosen by the life assured during the settlement period
  3. A combination of the above two options c. Investment Fund Options:

Policyholders have the choice of investing premium in any or all of the below six investment funds:

  • Growth Opportunities Plus Fund
  • Grow Money Plus Fund
  • Build India Fund
  • Save 'n' Grow Money Fund
  • Steady Money Fund
  • Safe Money Fund

Eligibility Criteria

Parameter Eligibility
Minimum age at entry 18 years
Maximum age at entry 59 years
Maximum age at Maturity 69 years
Policy Term 10 years

Source: Bharti AXA Life website

Premium Details

Premium Payment Term Premium Modes
Single Pay and 5 Pay Single/ Annual/ Semi Annual/ Quarterly/ Monthly

Explore Ulip Plans

  • Icici Prudential Signature | Icici Prudential Life Time Classic | Sbi Life Smart Power Insurance | Max Life Fast Track Super Plan
  • Lic Ulip Plans | Bajaj Allianz Ulip Plans | Sbi Life Saral Maha Anand | Reliance Life Ulip Plans | Sbi Life Ewealth Insurance
  • Sbi Life Smart Wealth Assure | Kotak Life Ulip Plans | Ulip Vs Ppf | Ulip Vs Traditional Life Insurance Plans
  • Pnb Metlife Ulip Plans | Icici Prudential Guaranteed Wealth Protector Plan | India First Ulip Plans | Ulip Vs Elss
  • Top Low Cost Hdfc Ulip Plans | Max Life Platinum Wealth Plan | Why Investing Is Important And Where To Invest | Tata Aia Ulip Plans
  • Icici Prudential Elite Wealth Super | Ulip Charges That Everyone Needs To Know | Ulip Vs Term Insurance | Max Life Ulip Plans
  • Hdfc Life Ulip Plans | Bharti Axa Life Ulip Plans | Aegon Life Imaximize Insurance Plan | Icici Prudential Ulip Plans | Ulip Vs Nps
  • Star Union Dai Ichi Ulip Plans | Ulip Vs Endowment Plan | Icici Prudential One Wealth Plan | Sbi Life Saral Insure Wealth Plus
  • Edelweiss Tokio Life Wealth Gain Plus | Dhfl Pramerica Ulip Plans | Edelweiss Tokio Ulip Plans
  • Nri Investment Plans In India | Understanding The Benefits Of A Robust Ulip Plan | Ulips Boon Or Bane | Ulip Money Saving Tips
  • Ulip Best For Long Term Investment | How To Choose Best Ulip Plans | Elss Or Ulip Or Ppf Where To Invest | Edelweiss Tokio Life Wealth Ultima

Documents Required

To avail a life insurance plan, an individual will be required to submit certain documents that will serve as proof of identity and residence. The documents that are usually acceptable include:

ID Proof - PAN card, Passport, Voter ID card, etc.

Address Proof - Passport, Driving License, Voter ID card, etc.

Exclusion - Bharti AXA Life Future Invest Plan

If the life assured, whether sane or insane, commits suicide, within a year of the date of the policy’s commencement or within one year from the latest date of revival of the policy applicable, the policy shall become void. The insurer will only be pay the policy fund value as on the date of intimation of death.

Review of Bharti AXA Life Future Invest Plan

With Bharti AXA Life Future Invest Plan, individuals can pick from two premium payment terms – Single pay and 5 years. Extendable investment period is a facility provided by the plan, wherein users can opt to remain invested in the funds for an extended period of 5 year after maturity.

FAQs on Bharti Axa Life Future Invest Plan

What is the duration of the grace period under Bharti AXA Life Future Invest Plan?

Grace Period: (applicable for the premium payment term of 5 years) Grace period available will be:

  • Fifteen days for monthly premium payment mode
  • Thirty days for annual/semi-annual/quarterly premium payment mode

What is the minimum entry age under Bharti AXA Life Future Invest Plan?

The minimum entry age under Bharti AXA Life Future Invest Plan is 18 years.

What is the maximum entry age under Bharti AXA Life Future Invest Plan?

The maximum entry age under Bharti AXA Life Future Invest Plan is 59 years.

What are the tax benefits under Bharti AXA Life Future Invest Plan?

Policyholders can avail the tax benefits on the premiums paid toward Bharti AXA Life Future Invest Plan under Section 80C of the Income Tax Act, 1961. The proceeds from the policy are tax-free in the hands of the receiver under Section 10(10D) of the Income Tax Act.

Close
icon Life Insurance icon Ulip Plans icon Bharti Axa Life Future Invest Plan
×

Get Lowest Rates for term Insurance

  • Secure
  • Licensed By
  • Payment Options
  • Car Insurance
  • Bike Insurance
  • Motor Insurance
  • Commercial Vehicle Insurance
  • Travel Insurance
  • Car Insurance Premium Calculator
  • Family Health Insurance
  • Senior Citizens Insurance
  • Group Insurance
  • Corona Rakshak Policy
  • Corona Kavach Policy
  • Super Topup Plan
  • Term Insurance
  • ULIP
  • e-Term Plan
  • 1 Cr Term Insurance
  • कार इन्शुरन्स
  • टू व्हीलर इंश्योरेंस
  • टर्म इंश्योरेंस
  • हेल्थ इंश्योरेंस
  • मेडिक्लेम पॉलिसी
  • Learn About Insurance
  • Network Hospitals
  • Cashless Garages
  • Get Android App
  • Learn
  • About Us
  • Contact Us
  • Careers
  • Sitemap
  • FAQs
Connect with us
Become a Partner
Become a Coverdrive POS Agent

Coverfox Insurance Broking Pvt. Ltd. : Unit D4131-4139, 4th floor, Oberoi Garden Estates, Near Chandivali Studio, Andheri East, Mumbai - 400072

Licence No. 478 , IRDA Direct Broker Code: IRDA/ DB 556/ 13 , Valid till: 26/12/2022, CIN: U66000MH2013PTC243810

  • Shipping & Delivery Policy
  • Privacy Policy
  • Cancellation & Refund
  • Terms & Conditions
Copyright © 2022 Coverfox.com. All Rights Reserved