Overview
Bharti AXA Wealth Pro Plan offers dual benefits: life cover to protect your family financially and wealth creation over time. This life insurance plan comes in two variants: Growth and Legacy. Multiple investment options and strategies are available under this plan to help you grow your wealth over time. This article will help you understand the Wealth Pro Plan, including its features, benefits, associated charges, and buying process.
Bharti AXA Wealth Pro Plan offers a range of benefits:
- Wealth boosters
- Multiple investment strategies
- Death benefits
- Maturity benefits
- Partial withdrawals
Key Features
- Step 1: Visit the official website of PolicyX.com.
- Step 2: Hover over the ‘Life Insurance’ tab.
- Step 3: Choose the Investment plan you want to buy.
- Step 4: Fill out the form at the top of the page with the necessary details.
- Step 5: Select your income and city. Click on 'Proceed'.
- Step 6: Update your education and occupation details.
- Step 7: Choose your preferred plan and click on 'Buy this plan'.
- Step 8: Select the policy term, premium period, investment amount, and riders (if required), then proceed to pay.
Benefits of the Bharti AXA Life Wealth Pro Plan
There are various benefits to buying the Bharti AXA Life Wealth Pro Plan. Let’s understand each of them in detail:
- Death benefits:
In case of your unfortunate demise, your family receives death benefits to avoid financial crunches.
- Maturity benefits:
This plan helps you create wealth over time and fulfill your retirement and future financial goals. Your money grows with time in this plan.
- Wealth boosters:
Wealth boosters help increase your money over time to stay invested. These wealth boosters are available under the Growth and Legacy options.
- Multiple investment options:
This plan offers multiple investment options, allowing you to choose where your money is invested. You can analyze the risk and reward ratio before choosing a specific investment strategy.
Partial withdrawals
This plan offers the facility of partial withdrawals after the lock-in period in case of any emergency or financial requirements.
Grace period
This plan offers a grace period of 15 days for monthly premium payments and 30 days for quarterly, half-yearly, and yearly payments to cover missed payments.
Policy revival
You can revive your discontinued policy by paying the unpaid premiums with minimal charges if the lock-in period has passed.
Free-look option
The Wealth Pro Plan offers a 15-day free-look period to policyholders to check terms and conditions. Policyholders can also cancel their policy within this free-look period.
Inclusions
- Step 1: Visit the official website of Bharti AXA Life Insurance.
- Step 2: Hover over 'Life Insurance Plans' from the top menu.
- Step 3: Click on the Bharti AXA Life Wealth Pro Plan.
- Step 4: Click on ‘Buy Now’ to be redirected to a new page.
- Step 5: Enter your name and contact information. A representative will reach out to discuss quotes.
- Step 6: Once discussed, you can make the premium payment and receive the policy documents.
Exclusions
- Suicide within 12 months of the policy purchase is not covered.
- Consumption of any intoxicants.
- Death due to any aviation accident.
- Death due to any adventurous sports.
Documents Required to Buy Bharti AXA Life Wealth Pro Plan
Here is the list of documents required to buy the Bharti AXA Life Wealth Pro Plan:
-
Photo ID Proof
Photo ID Proof (any one): Passport, Aadhaar card, PAN card, Driving license.
-
Age Proof
Age Proof (any one): Passport, Aadhaar card, PAN card, Driving license.
-
Address Proof
Address Proof (any one): Utility bill, passport, voter ID, ration card.
-
Medical Records
Medical Records of the policyholder if requested.
-
Income Proof
Income Proof (any one): Bank statement, last three months' salary slips (if salaried).
Plan At a Glance
| What’s Good Here |
What’s Missing |
| Switching or Redirecting Premiums |
Guaranteed Additions |
| Multiple investment options |
Premium Offset |
| Wealth boosters |
Whole Life Cover |
| Loyalty additions |
No Auto Cover Continuance |
In a nutshell
Bharti AXA Life Wealth Pro Plan is an ideal choice if you are looking for a plan that provides insurance coverage while helping you create wealth over time. Your premiums are invested in market-linked funds that offer various additions, including loyalty additions and wealth boosters. If you are unsure whether this plan is right for you, contact PolicyX.com. One of our insurance experts will reach out to you shortly, understand your requirements, and help you choose a plan that best suits your needs.
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