Bharti AXA Guaranteed Wealth Pro Plans & Benefits | PolicyX
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Bharti AXA Guaranteed Wealth Pro

Bharti AXA Guaranteed Wealth Pro is a plan that helps you save for you ...Read More

🛡️ IRDAI Approved
4.2/5 · 62 reviews
📊 99 years solvency ratio
Minimum Age - 0 year% claim settlement ratio
🌐 Annual, half-yearly,+ pan-India

About Bharti AXA Guaranteed Wealth Pro

A quick read on what this Bharti Axa Investment Plans term plan covers and why it might be a fit for you.

Bharti AXA Guaranteed Wealth Pro is a plan that helps you save for your future goals. It offers dual benefits: insurance coverage to provide financial protection to your family and wealth creation to fulfill financial goals. You can choose from two plan options: the Income option and the Endowment option. The Income option of this <a href="/life-insurance/investment-plan.php">investment plan</a> offers various choices: deferred income (Short-term/Long-term/Lifelong) or immediate income (Short-term/Long-term). This article provides complete information about Guaranteed Wealth Pro, including eligibility criteria, features, benefits, and the complete buying process.

This plan offers a range of benefits, including:

  • Guaranteed returns
  • Option to choose payout structure
  • Income options
  • Choose premium payment term and policy term
  • Insurance cover
  • Additional rider options

Eligibility Criteria for Bharti AXA Guaranteed Wealth Pro

Entry age
Entry age
Min- 0 years, Max- 60 years
Maturity age
Maturity age
100 years
Policy term
Policy term
10 and 12 years
Sum assured
Sum assured
5, 6, 8, 10, 12 years
Policy loan
Policy loan
Monthly, Quarterly, Half-Yearly, and Yearly
Payment Modes
Payment Modes
Minimum- 105% of total premiums paid, Maximum- No limit

Pros & cons

A quick honest summary — the strengths and the trade-offs.

Pros

  • Guaranteed returns
  • Option to choose payout structure
  • Income options

Cons

  • Suicidal deaths not covered within the first 12 months

Who can buy this plan

Eligibility criteria pulled straight from the policy wording.

* Minimum Entry Age: 0 years * Maximum Entry Age: 60 years * Maximum Policy Term: 12 years

Waiting Periods for Bharti AXA Guaranteed Wealth Pro Plan

The Bharti AXA Guaranteed Wealth Pro Plan does not have a general waiting period for policy benefits to commence. However, a specific exclusion applies: * **Suicide Exclusion:** If the policyholder commits suicide within 12 months from the policy's inception or revival date, death benefits will not be paid. Instead, 80% of the premiums paid to date or the surrender value acquired to date, whichever is higher, will be paid to the nominee.

Benefits of Bharti AXA Guaranteed Wealth Pro

How to Calculate Premiums for Bharti AXA Guaranteed Wealth Pro Plan

The premium for Bharti AXA Guaranteed Wealth Pro Plan is determined by several factors, including: * **Age of the Policyholder:** Younger individuals typically pay lower premiums. * **Chosen Plan Option:** Premiums vary based on whether you select the Endowment option or one of the Income options (Short-term, Long-term, Lifelong, Early Income). * **Policy Term:** The duration for which the policy is active. * **Premium Payment Term:** The period over which you choose to pay premiums. * **Sum Assured/Investment Amount:** The desired coverage or investment amount directly impacts the premium. * **Riders Opted:** Any additional riders chosen will increase the premium. To get an accurate premium quote tailored to your specific needs, it is recommended to use the online premium calculator on PolicyX.com or contact an insurance expert.

Features of Bharti AXA Guaranteed Wealth Pro

Key features that make Bharti AXA Guaranteed Wealth Pro stand out.

Policy Portability for Bharti AXA Guaranteed Wealth Pro Plan

Investment plans like Bharti AXA Guaranteed Wealth Pro are generally not portable in the same way health insurance policies are. Once purchased, the policy terms and conditions are fixed with Bharti AXA Life Insurance. However, the plan does offer several important features: *

Grace period

This plan offers a grace period of 30 days (for quarterly, half-yearly, and yearly payments) and 15 days (for monthly payments) to pay your missed premiums. *

Revival period

If you don’t make premium payments in the grace period, your policy will be discontinued. You can revive this policy within the allowed period by paying premiums and applicable charges. *

Free-look period

This plan offers a free-look period of 15 days to check the terms and conditions of your policy. You can cancel your policy in this period if you are not satisfied with the policy after paying minimal charges. *

Loan on policy

You can avail of a loan against your policy once it acquires the surrender value. The minimum loan amount is ₹15,000, and the maximum amount is 70% of the surrender value. *

Vesting of policy

In case the life insured is a minor, the policy will automatically transfer once the minor attains the maturity age.

Documents Required for Bharti AXA Guaranteed Wealth Pro

Keep these documents handy when applying for Bharti AXA Guaranteed Wealth Pro.

Documents Required to Buy Bharti AXA Guaranteed Wealth Pro Plan

Here is the list of documents required to buy the Bharti AXA Guaranteed Wealth Pro Plan: * **Photo ID Proof:** Passport, Aadhaar card, PAN card, or Driving license. * **Age Proof:** Passport, Aadhaar card, PAN card, or Driving license. * **Address Proof:** Utility bill, passport, voter ID, or ration card. * **Medical Records:** If requested by the insurer. * **Income Proof:** Bank statement or last three months' salary slips (for salaried individuals).

Exclusions of Bharti AXA Guaranteed Wealth Pro Plan

* If the policyholder commits suicide within 12 months of policy purchase, no death benefits are offered to their family members. In such a case, either 80% of the premiums paid to date or the surrender value acquired to date, whichever is higher, is paid.

Bharti AXA Life Guaranteed Wealth Pro: FAQs

The 5 most-asked questions about Bharti AXA Guaranteed Wealth Pro, answered.

Bharti Axa Guaranteed Wealth Pro Plan is a combination of an investment plan and a life insurance plan to secure the financial future of your family.
The maximum age to buy the Guaranteed Wealth Pro plan is 60 years.
You can buy the Bharti Guaranteed Wealth Pro Plan either from their official website or by visiting one of their nearest branches.
There are two plan options available with Guaranteed Wealth Pro Plan- Endowment Option and Income Option.
The minimum premium amount for the Guaranteed Wealth Pro plan is Rs 3,500 (annually).

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