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Flexi Save Plan vs Lic

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Flexi Save Plan vs Lic

Flexi Save Plan

Save More with Bharti AXA Life Flexi Save Plan – Earn Annual Bonuses Along with Assured Life Cover.Bharti AXA Life Flexi Save plan is a non-participating savings plan designed to help you save towards meeting your future goals. In this plan, you can grow your savings with yearly bonuses starti...

Lic

Jeevan Akshay- VII (Table No. 857) is a single premium, non-linked, and non-participating immediate annuity plan. It pays annuity or pension to the policyholder on annuity age. The annuity plan also allows joint life cover. The plan provides annuity payments of a stated amount throughout the lifetim...

PLAN DETAILS

Flexi Save Plan


Lic

Premium Including GST
Key Features
(Key features of the plan)
  • Flexibility to Modify Policy Term
  • Earn Yearly Cash Bonuses
  • Guaranteed Maturity Benefit
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Flexibility to Modify Policy Term
  • Earn Yearly Cash Bonuses
  • Guaranteed Maturity Benefit
  • Annuity Options
  • Loan Facility
  • Guaranteed Annuity Rates
Plan Maturity age Maximum Maturity Age - 85 years Maximum Maturity Age - Whole life
Premium payment term 5,7,12 years -
Plan Entry Age Minimum Age - 0 days Maximum Age - 65 years Minimum Age - 25 years Maximum Age - 100 years
Sum assured Depends on the premium amount Rs 1 lakhs to No limit
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure Minimum term - 20 years Maximum term - 30 years Minimum term - 5 years Maximum term - Whole life
Claim Settlement Ratio (2024-25) Minimum Age - 0 year 98.5%

Know More About Plans

Save More with Bharti AXA Life Flexi Save Plan – Earn Annual Bonuses Along with Assured Life Cover.
Bharti AXA Life Flexi Save plan is a non-participating savings plan designed to help you save towards meeting your future goals. In this plan, you can grow your savings with yearly bonuses starting from the first policy year to maturity or death, whichever is earlier. The plan offers you the flexibility to choose a premium payment term for 5, 7, or 12 years (PPT) and enjoy life cover for 20, 25, or 30 years. 
Under the Flexi Save plan, you can stay protected while saving with assured life cover for the entire policy term. In case you survive till the end of the policy term, you shall receive 100% of your sum assured plus an accrued bonus. One of the best features of the Flexi Save plan is that you can modify your policy term, prepone your maturity benefit, and avail yourself of the full benefits.

Bharti Axa Life Flexi Save Plan offers you a range of benefits including:

why-choose
  • Flexibility to modify policy term

  • Cash bonuses

  • Death benefits,
  • Maturity benefits,

  • Partial withdrawals,

Other Life Insurance Companies

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