Bharti AXA Life – Bright Stars PLUS – Grow Money Plus Fund: Get the Latest NAV Value, Performance and Returns of Bharti AXA Life – Bright Stars PLUS – Grow. Insurance Company, Bharti Axa Life Insurance Company Ltd. Plan Name, Bharti AXA Bright Stars Plus. Plan Nature, ULIP. Plan Category, Protection Plan. The child plan segment is one of Bharti AXA Life’s core target segments and Bright Stars PLUS is the new enhanced version of its flagship.
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For Bright Stars Power Plus upon maturity, the policyholder receives the amount accumulated in the fund, along with proceeds paid for the family income rider. Our Products Motor Insurance. However, unlike other child plans, the premium waiver rider is not in-built and has to be bought at an additional cost. Overall, performance of the fund basket is not so encouraging.
Equal to policy term. Bright Stars Edge offers six investment options to policyholders to choose from as per their risk-return appetite.
It provides 6 investment options for investment and also provides a wide cover of 20 times Annual Premium. Partial withdrawals will be free only twice in one policy year and the minimum amount for each partial withdrawal can be of Rs 1, The premium allocation charge PAC of the product is very high.
This will alert our moderators to take action Name Reason for reporting: Insurance cum Investment Category: Your Reason has been Reported to the admin. Partial Withdrawal – You are allowed to make partial withdrawals in this policy after 3 complete policy years or the life assured. No Name of the policy: Single premium in Rs. Will be displayed Will not be displayed Will be displayed. Choose your reason below and click on the Report button.
It provides 6 investment options for investment and also provides a wide cover of 20 times Annual Premium Premium Allocation Charge Year 1: Your Reason has been Reported to the admin. For instance, say a year-old healthy male invests Rs 20, a year in Bright Stars Edge for his year-old child, for a tenure of 20 years with a sum assured which is fixed at 20 times the annual premium.
Moreover Sum assured is miniscule which is not sufficient to cover an earning member of the family having dependents. To give it a child plan flavour, it is sold in a combo, including premium waiver and family income riders. Though classified as a child plan, the plan is not much like the usual child plans.
Two child and three other ulips launched
We are tied to cement, oil, auto and infra themes: Choose your reason below and click on the Report button. Build India, which is just about a year old, has generated only 5.
This makes it risky and vulnerable to market risks.
The product doesn’t have an option of top-up or additional premium. Drag according to your convenience. Brihgt see your saved stories, click on link hightlighted in brght. You stop paying the premium – If the policy holder stops paying the premium, then the policy would lapse. In case he dies in the fifth policy year, then the child will receive Rs 40 lakh, plus the company will waive the premium and pay a certain sum of money to the family on a monthly or yearly basis.
Banking | Financial Services | Insurance ad Surprise for Bharti AXA Life Bright Stars Plus
The debt funds, Steady Money and Save n Grow, have marginally outperformed the benchmark. Never miss a great news story! Bright Stars Edge is a plain unitlinked product, which when bought in a combo of premium waiver and family income riders is more beneficial. Explore more in a easy manner.
However returns are restricted due to high charges levied. Min- Rs for 10 and 15 years term Rs for 20 years term Max- No limit. Will be displayed Will not be displayed Will be displayed. Read more on Bharti Axa Life.
My Saved Articles Sign in Sign up. However, if he dies, then Sum Assured would be paid out immediately to the family to handle the immediate expenses and brigh policy continues. However a cover continuance option can be selected after 3 or 5 years, depending on the brighh term, whereby the cover would be continued by charges being deducted from the Fund value.