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‘A plan that helps you save for your future goals’. Bharti Axa Guaranteed Wealth Pro offers you dual benefits- insurance coverage to provide financial protection to your family along with helping you create wealth to fulfill financial goals.
You can choose from two plan options- The income option and the Endowment option. The Income option of this investment plan offers you various options: deferred income (Short-term/Long-term/Lifelong) or immediate income (Short-term/Long-term). This article provides complete information about Guaranteed Wealth Pro including eligibility criteria, features, benefits, and the complete buying process.
This plan offers you a range of benefits including:
Min- 0 years, Max- 60 years
100 years
10 and 12 years
5, 6, 8, 10, 12 years
Monthly, Quarterly, Half-Yearly and Yearly
Minimum- 105% of total premiums paid, Maximum- No limit
Let's understand how Guaranteed Wealth Pro works with a simple illustration table. There are two plan options which are subdivided further and we will understand how each one of them works.
Age of policyholder | Annual premiums | Policy tenure | Premium payment term | Total premiums paid | Basic sum assured | Maturity benefits |
35 years | Rs 50,000 | 24 years | 12 years | Rs 6,00,000 | Rs 6,30,000 | Rs 18,58,153 |
Age of policyholder | Annual premiums | Policy tenure | Premium payment term | Total premiums paid | Basic sum assured | Maturity benefits |
35 years | Rs 1,00,000 | 25 years | 12 years | Rs 12,00,000 | Rs 10,50,000 | Rs 25,26,000 |
Age of policyholder | Annual premiums | Policy tenure | Premium payment term | Total premiums paid | Basic sum assured | Maturity benefits |
35 years | Rs 50,000 | 38 years | 12 years | Rs 6,00,000 | Rs 5,25,000 | Rs 15,07,500 |
Age of policyholder | Annual premiums | Policy tenure | Premium payment term | Total premiums paid | Basic sum assured | Maturity benefits |
50 years | Rs 1,00,000 | 50 years | 10 years | Rs 10,00,000 | Rs 34,24,200 | Rs 25,26,000 |
Age of policyholder | Annual premiums | Policy tenure | Premium payment term | Total premiums paid | Basic sum assured | Maturity benefits |
35 years | Rs 1,00,000 | 20 years | 10 years | Rs 10,00,000 | Rs 10,50,000 | Rs 15,57,500 |
Age of policyholder | Annual premiums | Policy tenure | Premium payment term | Total premiums paid | Basic sum assured | Maturity benefits |
35 years | Rs 10,00,000 | 25 years | 10 years | Rs 1 crore | Rs 1,05,00,000 | Rs 1,54,19,600 |
Here are some features of Bharti Axa Guaranteed Wealth Pro:
This plan offers you a grace period of 30 days (in the case of quarterly, half-yearly, and yearly payments and 15 days (for monthly payments) to pay your missed premiums.
In case you don’t make premium payments in the grace period then your policy will be discontinued. You can revive this policy within the allowed period by paying premiums and applicable charges.
This plan offers you a free-look period of 15 days to check the terms and conditions of your policy and you can cancel your policy in this period if you are not satisfied with the policy after paying minimal charges.
You can avail of a loan against your policy once it acquires the surrender value. The minimum loan amount is Rs 15,000 and the maximum amount is 70% of the surrender value.
In case the life insured is a minor the policy will automatically transferred once the minor attains the maturity age.
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There are several advantages of Guaranteed Wealth Pro. Let’s understand these benefits in detail:
Here is the list of documents required to buy the Bharti Axa Guaranteed Wealth Pro Plan:
Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
Age Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
Address Proof (either of one) - Utility bill, passport, voter ID, ration card.
Medical Records of the policyholder if requested.
Income Proof ( either of one) - bank statement, last three months' salary slips (if you are salaried).
You can buy the Bharti Axa Guaranteed Wealth Pro official website or one of their nearest branch offices.
Visit the official website of PolicyX.com.
Click on the ‘Investment’ tab.
A new page will appear on the screen.
Fill out the form at the top of the page with the necessary details.
Select your income and city. Click on 'Proceed'.
Update your education and occupation details.
Choose your preferred plan and click on 'Buy this plan'.
Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.
Visit the official website of Bharti Axa Life Insurance.
Hover over the 'Investment Plans' from the top of the menu.
Click on the 'Bharti Axa Guaranteed Wealth Pro Plan'.
Click on ‘Buy Now’ and you will be redirected to a new page.
Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.
Once discussed you can make the premium payment and get the policy documents.
You can buy the Bharti Axa Guaranteed Wealth Pro Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.
Bharti Axa Guaranteed Wealth Pro Plan offers you dual benefits- death benefits to your family in case of your uncertain demise along with maturity benefits in case you survive the policy tenure. This plan helps you save for your future financial goals along with helping you grow your money. If you are still confused about whether Guaranteed Wealth Pro is right for you or not then you can contact us at PolicyX. One of our insurance experts will reach out to you shortly, understand your requirements, and help you choose a plan that best fits your requirements.
Bharti Axa Guaranteed Wealth Pro Plan is a combination of an investment plan and a life insurance plan to secure the financial future of your family.
The maximum age to buy the Guaranteed Wealth Pro plan is 60 years.
You can buy the Bharti Guaranteed Wealth Pro Plan either from their official website or by visiting one of their nearest branches.
There are two plan options available with Guaranteed Wealth Pro Plan- Endowment Option and Income Option.
The minimum premium amount for the Guaranteed Wealth Pro plan is Rs 3,500 (annually).
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Himanshu is a seasoned content writer specializing in keeping readers engaged with the insurance industry, term and life insurance developments, etc. With an experience of 2 years in insurance and HR tech, Himanshu simplifies the insurance information and it is completely visible in his content pieces. He believes in making the content understandable to any common man.
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February 5, 2023
Asia/Kolkata
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