Bharti Axa Life Invest Once
Brief of the Policy:
Benefits for investing in this scheme:
- Death Benefit – In case of the death of the policy holder, the sum assured which is to be given to the legal heirs would be as follows: There has been enhanced death cover for the Life cover to be increased. They need to pay some amount as premium which is referred as Mortality Premium.
- Maturity Benefit – If the person does not dies at the end of the policy then the person would be able to get the following benefits:
- Surrender Benefit – If the policy holder is not comfortable with the policy, he can surrender the policy before the maturity subject to some deductions from the amount. The amount to be refunded would be as follows:
Some Other points to know:
Suggestions:
According to my opinion, the policy of Bharti Axa Life Invest Once is not so good, as the returns offered under the scheme are very much less as compared to the other investment options available. There are many other LIC policies available with the people that can offer much more benefits than these benefits. Also, the Bank FDs offer much more interest than the interest rate offered by this policy.
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