Bharti AXA Life Income Labh Plan: If you want to secure the future of yourself and your family as well as get a fixed income, then Bharti AXA Life Income Labh can be a great option for you. It not only gives financial security to your family but also gives you a guaranteed income, so that you can make your dreams come true. This Bharti AXA Life Income Labh plan is designed in such a way that even if something untoward happens in the future, your loved ones will not have any problem. Now let’s understand this Bharti AXA Life Income Labh plan in detail and know how it can be beneficial for you!
What is Bharti AXA Life Income Labh plan?
This is a non-linked, non-participating life insurance plan, which promises to give your life coverage and guaranteed income for a certain period of time. Meaning, under this Bharti AXA Life Income Labh plan, not only will you get life insurance, but you will also get a fixed amount every year after a certain period. And the best part, at the end of the Bharti AXA Life Income Labh plan, you will also get a lump sum amount, which will help you meet your financial needs. If you want a secure future and are looking for a policy that is non-risky, then this plan will be right for you.
Bharti AXA Life Income Labh policy details
| Parameter | Details |
| Policy Term | 11 or 13 years |
| Premium Payment Term | 10 or 12 years |
| Minimum Entry Age | 7 years |
| Maximum Entry Age | 60-65 years (depending on policy term) |
| Minimum Maturity Age | 18 years |
| Maximum Maturity Age | 71-78 years (depending on policy term) |
| Minimum Sum Assured | ₹1,26,000 – ₹1,89,000 |
| Maximum Sum Assured | No limit (as per underwriting policy) |
| Premium Payment Modes | Annual, Semi-Annual, Quarterly, Monthly (via Auto-Debit) |
What are the benefits of this Bharti AXA Life Income Labh plan?
If you are wondering what will be the benefit of taking this plan, then let’s know some of its great benefits
Security and Guarantee
- Under this policy, you get life cover for the entire policy term. That is, if unfortunately you die, your family will continue to get financial security.
Guaranteed Income
- In this plan, you will continue to get a fixed income every year for a certain period of time, which will easily meet your expenses. This income can be available for 10 or 12 years, depending on the plan you choose.
Increasing Income
- The most interesting thing is that in this plan your income increases with time! That is, after 5 or 6 years your income becomes more. This helps you protect yourself from inflation.
Lumpsum benefit in the last year
- When the income period ends, you will get a guaranteed lump sum amount in the last year. This will make your savings even stronger.
Flexible plan
- This plan gives you the facility to choose the policy term and premium payment term as per your convenience. That is, you can customize it according to your needs.
Tax benefits
- In this plan, you also get a chance to save tax! Whatever premium you pay, and the money you get, can get tax exemption on it (as mentioned in the current tax laws).
How does this Bharti AXA Life Income Labh plan work?
Let’s understand this with a simple example –
Siddharth is 35 years old and wants to save for his future. He looked at several investment options, such as fixed deposits, mutual funds, and insurance plans. But, when he came across Bharti AXA Life Income Labh Plan, he liked it the most as it offered three major benefits –
- Guaranteed returns
- Security for family
- Tax benefits
Siddharth now pays a premium of Rs 1 lakh every year (for 12 years) in this plan.
- When the 12 years are over, he will keep receiving a fixed amount every year from the 13th year to the 24th year.
- Apart from this, the income also increases after 5-6 years.
- And in the 24th year, he will also get a lump sum amount, which will be very beneficial for his future financial security.
Now you yourself think, how great it is to get such good returns without any risk!
Is this Bharti AXA Life Income Labh plan right for you?
- If you want a fixed income and life insurance, then this plan is perfect for you.
- If you want a fixed amount every year – this plan offers guaranteed income.
- Ifyou want to save without risk – it offers guaranteed returns.
- If you want to protect your family – it offers life cover.
- If you want to save tax – it offers tax benefits.
So, if you want to fulfill your dreams without worrying about the future, Bharti AXA Life Income Labh can be a great option for you!
Final Thoughts
Financial security has become very important in today’s fast-paced life. We should not only plan for our future but also think about the security of our family. Bharti AXA Life Income Labh Plan gives you both – a fixed income and life insurance coverage. If you want a secure future without any risk, then definitely take this Bharti AXA Life Income Labh plan!