Bharti AXA Life Insurance on Monday announced a new product, Bharti AXA Life Income Laabh with an aim to simplify insurance and deliver maximum protection to its consumers.
Banking & Finance
Bharti AXA Life Insurance has unveiled a new product, Bharti AXA Life Income Laabh to simplify insurance and provide optimal protection to its customers. This plan addresses the twin goals of providing financial protection and ensuring a steady income stream.The plan gives customers a regular stream of assured income for 10-12 years, depending on the policy term they choose. Initial income pay-out is 100 per cent of the annual premium one pays, which then increases to 150 per cent after five years for a 10-year policy term. In the case of a 12-year policy term, the income increases by 200 per cent after six years.
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