Dream Life Pension : Bharti AXA Life Insurance Dream Life Pension is a unique pension plan which helps you to enjoy your retired life according to your dreams. If you buy the Dream Life Pension, you can rest assured with the knowledge that your retired life will be a bed of roses.
Bharti Axa Life Insurance allows you to dream bright You are given the advantage of having unmatched flexibility for retirement wealth creation. You are able to choose to systematically increase your premium by 5% to 8% each year with the accumulation option. You are allowed to increase or decrease your premium at any time after the 2nd policy year. You are allowed to top up the premium any number of times after the 1st policy year.
Dream Life pension also enhances your retirement fund value by providing special additions starting from the end of the 10th year. You are allowed to change your retirement age at any time after during the policy term.
Benefits to dream of pension The maturity benefit according to Bharti AXA life Dream Life Pension allows you to obtain 1/3 of your policy fund value as a tax-free lump sum amount and the remaining amount must be used to purchase an annuity which will provide you with a regular income after you retire. You have the option of purchasing the annuity from the company itself or from any other annuity provider that is registered with the IRDA.
According to the death benefit, in the case of your unfortunate death during the policy term, your nominee will get the entire policy fund value and the policy will be terminated.
Dream Life Pension also gives you the benefit of closing your policy with the help of the surrender facility. For any personal reason of yours, you want to end the policy you can do so with this facility and the amount payable to you will depend on the policy year in which you surrender the policy.
Bharti AXA life Dream Life Pension also offers the tax benefits which work according to the laws of the Income Tax Act, 1961.
The Bharti AXA life Dream Life Pension is a policy that will help you prepare your life for the future with confidence. Start dreaming together with Bharti Axa Life Insurance’s Dream Life pension plan and stay healthy.
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