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About Us

We must explain to you how all seds this mistakens idea off denouncing pleasures and praising pain was born and I will give you a completed accounts off the system and expound.

Contact Info

Contact for support

Contact for support

080 4046 0000

LIFE INSURANCE

BHARTI AXA GUARANTEED INCOME PLAN

A Non Linked Non-Participating Limited Pay Life Insurance Plan

What this plan has in store for you?

Increased Income

Survival Payouts

Life Cover

Tax Benefits

Eligibility @ Global Finsol

Parameter Eligibility Criteria
Premiums @ Global (Rs.) Premium (Rs.) Base Premium GST
6,500 (Hly) 6221 280
13000 12440 560
26000 24880 1120
52000 49761 2239
99000 94737 4263
104000 99522 4478
Minimum age at entry 91 days
Maximum age at entry 55 years
Maximum age at maturity 78 years
Premium Payment Term 12 years
Policy Term 23 years

Benefit Structure

How does the Plan work?

How does the Plan work?

BANK FIXED DEPOSIT
Rate of Interest at present - 6.75 %
AMT DEPOSITED EVERY YEAR - 12 YRS INTEREST PAID
52000 3510
107510 7257
163256 11020
219019 14784
274783 18548
330547 22312
386311 26076
442075 29840
497840 33604
553604 37368
609368 41132
665132 44896
TOTAL DEPOSITED = 624000 290348
TOTAL AMT RECEIVED AT THE END 914348

Compound interest is added to the deposited amount

DISADVANTAGES
Death benefit is not paid
Guaranteed Survival payouts every year
Tax Benefit

Premium Waiver Rider

In case of total permanent disability or death of the proposer, benefits of your Policy continue to be in force.

All future Premiums of the policy are waived off.

All Survival Payouts & Maturity Benefits shall be paid to the LA

Death Benefit of the illustration shown:

What happens If I am unable to pay premiums?

GIP Paid Up and Surrender Calculations

GIP Surrender Value Calculation Formula

Surrender Value: The policy acquires a surrender value provided if at least three annualized premiums have been paid for a 12 years premium payment term policy.

Guaranteed Surrender Value factors multiplied by Cumulative Premiums paid as on date of surrender will be calculated.

Policy Year in % Cumulative Premiums Paid GSV
1 0    
2 0    
3 30    
4 50    
5 50 260000 130000
6 50 260000 130000
7 55 260000 143000
8 60 260000 156000
9 65 260000 169000
10 70 260000 182000
11 75 260000 195000
12 80 260000 208000
13 85 260000 221000
14 95 260000 247000
15 105 260000 273000
16 115 260000 299000
17 125 260000 325000
18 135 260000 351000
19 140 260000 364000
20 147 260000 382200
21 155 260000 403000
22 160 260000 416000
23 165 260000 429000