Why Choose Bharti AXA Life Unit Linked Employee Benefits Plan?

Disclaimer

Bharti AXA Life Unit Linked Employee Benefits Plan

A Non-Participating Group Life Insurance Plan

Ensure your employees get appropriate benefits!

IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER.

Ask an Advisor

<ul>
	<li>A Non-Participating Group Life Insurance Plan</li>
	<li>Ensure your employees get appropriate benefits!</li>
</ul>


<h1><span class="small-heading">Bharti AXA Life</span><br />
Unit Linked Employee Benefits Plan</h1>


Multiple Fund Options

Life Insurance Cover

Gratuity Benefit

Leave Encashment Benefit

Possible Loyalty Additions

Tax Benefits**

Key Benefits

<section class="blog">
<div class="blog-content">
<p>A Unit Linked Investment Plan is one of the most lucrative investment options that you can choose from. However, it is important to be wise and mindful while selecting your ULIP in order to avoid making incorrect choices. One of the most important factors to consider while choosing a ULIP for yourself is the return that it would offer. But how can we know what kind of returns will be offered by our ULIP? This is where a ULIP Calculator comes into the picture.</p>

<p>A <a href="/ulip-plans/online-ulip-calculator" target="_blank" title="ULIP Calculator">ULIP Calculator</a> is a specifically designed tool that can help you calculate your premium amounts and compute the returns. Based on your policy's premium amount and tenure, this calculator determines the returns offered by a specific ULIP. This helps you in comparing different plans and making the right decisions for yourself. In other words, with the help of a ULIP Calculator, you can choose a ULIP that offers life cover with lucrative return in investment.</p>
</div>
</section>

<section class="blog">
<div class="blog-content">
<h2 class="section-main-heading">Why Use a ULIP Calculator?</h2>

<p>Since ULIPs offer a dual <a href="https://www.bhartiaxa.com/life-insurance/life-insurance-benefits" target="_blank" title="benefit of insurance">benefit of insurance</a> as well and investment, it is considered one of the most profitable <a href="https://www.bhartiaxa.com/be-smart/investments/use-financial-goal-calculator-before-investing" target="_blank" title="financial investments">financial investments</a> available today. These plans are ideal for anyone who's looking for a safe and secure investment option and wishes to yield a <a href="https://www.bhartiaxa.com/be-smart/investments/best-investment-plan-with-high-return" target="_blank" title="high return on investment">high return on investment</a> with the associated market risks. However, with a large number of ULIPs available in the market, it can get incredibly hard to choose the right one for yourself. This is why you must use a ULIP Calculator to understand which plan would work the best for you.</p>

<h2 class="section-main-heading">How to Use a ULIP Calculator?</h2>

<p>While a ULIP calculator is a handy tool to understand the return of your <a href="/ulip-plans" target="_blank" title="ULIP">ULIP</a>, it is important to know how to use it. Here's a step-by-step guide on how to use a ULIP investment calculator (These steps may change depending on the insurance provider’s website).</p>

<ul>
	<li><b>STEP – 1:&nbsp;</b>Log on to an insurance provider’s website and check out the ULIP calculator.</li>
	<br />
	<li><b>STEP -2:&nbsp;</b>Specify the amount you wish to invest in a ULIP. Also, mention whether you would like to <a href="https://www.bhartiaxa.com/pay-premium-online" target="_blank" title="pay the premium">pay the premium</a> in a monthly, quarterly, or yearly installment.</li>
	<br />
	<li><b>STEP – 3:&nbsp;</b>Select the tenure of your policy.</li>
	<br />
	<li><b>STEP – 4:&nbsp;</b>Next, select the funds you want to invest in. Choose whether you want to invest in a debt fund, an equity fund, or a combination of both depending on your risk appetite.</li>
</ul>

<p>After you’re done with these details, you will have to enter your personal information like name, gender, and date of birth, to name a few. This will give you the exact value of return you will accumulate through your ULIP.</p>

<p>Using a ULIP Calculator is easy, free, and hassle-free. Let’s look at some of the features of this calculator in detail.</p>

<ul>
	<li><b>Transparent -</b> A ULIP Calculator provides accurate, transparent, and comprehensive details on your <a href="/investment-plans" target="_blank" title="investment plan">investment plan</a>, giving you a clear idea of your return on investment.</li>
	<br />
	<li><b>Flexibility -</b>These calculators are flexible, and you can change the variable as per the amount you wish to invest and the tenure of your policy</li>
	<br />
	<li><b>Goal-Based Planning -</b>Since a ULIP calculator helps you in analyzing which fund option is better for you, you can plan your investments according to your financial goals.</li>
</ul>

<p><a href="/ulip-plans" target="_blank" title="ULIPs">ULIPs</a> are excellent <a href="https://www.bhartiaxa.com/be-smart/investments/5-safest-investment-options-to-secure-your-family" target="_blank" title="investment options">investment options</a> aside from being a safety net for you and your family. However, it is important to make sure that you choose the right plans to get the best returns. Using a ULIP interest calculator will help you find the perfect ULIP as per your financial requirements and bring you closer to your goals.</p>
</div>
</section>


<p>A Unit Linked Investment Plan is one of the most lucrative investment options that you can choose from. However, it is important to be wise and mindful while selecting your ULIP in order to avoid making incorrect choices. One of the most important factors to consider while choosing a ULIP for yourself is the return that it would offer. But how can we know what kind of returns will be offered by our ULIP? This is where a ULIP Calculator comes into the picture.</p>


Two benefits in one ULIP Plan

How to calculate Your ULIP Investment Returns?

<section class="blog">
<div class="blog-content">
<p>“I'd like to invest my money, but I don't want to take any unnecessary risks since markets are unpredictable.”</p>

<p>"Stocks are too hazardous for me; bank accounts are ok for me."</p>

<p>These are some of the most typical queries we all have in our mind when we think of equity investments. Yes, the stock market is volatile, and it is not for those afraid of taking risks. But conversely, debt choices are on the other end of the scale, and thankfully there are plans available in between these two extremes. So, if you are reluctant in taking big risks and still want a good <a href="/investment-plans" target="_blank" title="investment plan">investment plan</a> that can help you invest your money in equity and debt, then ULIP is one of the most suitable option for you.</p>

<p>A <a href="https://www.bhartiaxa.com/ulip-plans" target="_blank" title="unit linked insurance plan">unit linked insurance plan</a>(ULIP) blends savings and protection into a single policy. It combines life insurance with market-linked wealth accumulation into one product in which the policyholder has the option of paying a monthly or annual premium.</p>

<p>Now questions that are likely to cross one’s minds are- how to invest in ULIPs? Why should I invest in ULIPs&nbsp;and not in other policies? Well, to answer all your questions, we have gathered some crucial information that might benefit you while you plan to invest in ULIP.</p>

<h2 class="section-main-heading">Why Should you Invest in ULIP</h2>

<p>There are various reasons that answer your question –&nbsp;<b>‘Why should I invest in ULIP?’</b> Here you go!</p>

<ul>
	<li><b>Finance Long Term Goals :</b> For individuals with long-term goals in mind, such as purchasing a home, a new automobile, or getting married, ULIPs are a <a href="https://www.bhartiaxa.com/be-smart/investments/tips-to-make-smart-investments-for-your-better-future" target="_blank" title="smart investment option">smart investment option</a> as the money is compounded. As a result, total net returns are higher. This is true even if you choose to quit after the five-year lock-in period compared to not investing and keeping the money in a savings account or an FD. However, the idea is to maintain the policy actively for a longer period to get the most out of it when it comes to unit linked insurance plan.</li>
	<br />
	<li><b>Income tax benefit :</b> Few people know that the <a href="https://www.bhartiaxa.com/pay-premium-online" target="_blank" title="premium paid">premium paid</a> for a ULIP currently qualifies for a <a href="/be-smart/tax-savings/income-tax-deduction-under-section-80c" target="_blank" title="tax deduction under Section 80C">tax deduction under Section 80C</a> of the Income Tax Act, 1961.</li>
	<br />
	<li><b>Life cover :</b> ULIP provides life coverage as well as investment opportunities. It provides security to a taxpayer's family in an emergency, such as his/her untimely demise.</li>
	<br />
	<li><b>The flexibility of a portfolio switch :</b> Unit linked insurance plan are often meant to move your portfolio between debt and equity depending on your risk appetite and market information. <a href="/" target="_blank" title="Insurance providers">Insurance providers</a>, however, only allow a limited number of free swaps.</li>
</ul>
&nbsp;

<h2 class="section-main-heading">Benefits Unit Linked Insurance Plan</h2>

<h3 class="section-main-heading">Flexible Investment Options</h3>

<p>ULIP&nbsp;provides various high, medium, &amp; low-risk investing possibilities through various funds within the same plan. You can select a suitable plan based on your risk tolerance.</p>

<h3 class="section-main-heading">Regular and Disciplined Savings</h3>

<p>Unit linked insurance plan&nbsp;encourage you to save regularly, which help you create a corpus for future requirements.</p>

<h3 class="section-main-heading">Transparent Structure</h3>

<p>Before purchasing a product, the charge structure, investment value, and predicted return rate for the policy's entire lifetime are discussed. It's usually a great way to learn about the product you'll be investing your cash in.</p>

<h3 class="section-main-heading">Liquidity when Required</h3>

<p>ULIP also allow for partial withdrawal of the amount; that means after the lock-in period of five years, you can take some portion of money out of your unit linked insurance plan.</p>

<h3 class="section-main-heading">Tax advantages</h3>

<p>Currently, under section 80C of the Income Tax Act of 1961 exempts the premiums paid toward the policy from taxation.</p>

<h3 class="section-main-heading">Risk dispersion</h3>

<p>With&nbsp;a unit linked insurance plan, you can avail profit from market-linked growth without investing directly in the stock market, and benefit from the added bonus of <a href="https://www.bhartiaxa.com/life-insurance" target="_blank" title="life insurance">life insurance</a>.</p>

<h2 class="section-main-heading">How to Invest in ULIP?</h2>

<p><b>Step 1</b>: Explore the unit linked insurance plans available in the market and make a list of the various vendors' offerings.</p>
&nbsp;

<p><b>Step 2</b>: Study the benefits of each ULIP product's life insurance and investment profile.</p>
&nbsp;

<p><b>Step 3</b>: Select a product that meets your investing and insurance objectives.</p>
&nbsp;

<p><b>Step 4</b>: Inquire about the product in detail with the relevant insurer, either online or in-person, at the insurance office.</p>
&nbsp;

<p><b>Step 5</b>: If you're convinced, go ahead and buy the unit linked insurance plan from the provider.</p>
&nbsp;

<p>In a nutshell, if you are looking to invest in a ULIP, you can avail multiple benefits such as life cover, <a href="/term-insurance/term-insurance-tax-benefits" target="_blank" title="tax benefits">tax benefits</a>, regular savings, and much more. In addition, fund choices such as asset allocation or wheel of life portfolio options can be used to delegate this decision to the insurer's fund managers for those who don't have the knowledge or time to watch the markets. So, go ahead and enjoy your long-term savings with a ULIP.</p>
</div>
</section>


Investing in ULIP Plan 

Planning to Invest in ULIP ? Here is How You Can Save Tax by investing in ULIP

<section class="blog">
<div class="blog-content">
<p>ULIPs (Unit Linked Insurance Plans) have become a popular investment option in India, offering a blend of life insurance coverage and potential market-linked returns. However, navigating the world of ULIPs and maximizing returns can seem complex. This article empowers you with a 10-year game plan to get the most out of your <a href="https://www.bhartiaxa.com/life-insurance" target="_blank">ULIP investment in India</a>.</p>
</div>
</section>

<section class="blog">
<div class="blog-content">
<h2>Understanding ULIPs</h2>

<p>ULIPs combine life insurance protection with investment potential. A portion of your premium goes towards life insurance coverage, while the remaining amount is invested in market-linked funds. The returns depend on the performance of the chosen funds.</p>

<h2>Expert Tips For Maximizing Returns on ULIP's</h2>

<p>Here's a strategic approach to maximize ULIPs returns over a 10-year horizon:</p>

<h3>1. Invest Early</h3>

<p>The power of compounding works wonders over time. Starting your ULIP investment early allows you to benefit from compounding returns over a longer period. This can significantly boost your overall returns by the end of the 10-year term.</p>

<h3>2. Choose the Right ULIP Plan</h3>

<p>Not all ULIPs are created equal. Here's what to consider when selecting a plan:</p>

<ul>
	<li><strong>Investment Objective:</strong>&nbsp;Identify your financial goals for the 10-year period. Do you prioritize capital protection, growth, or a combination of both? Align your investment objective with the ULIP plan's fund options.</li>
	<li><strong>Fund Options:</strong>&nbsp;ULIPs offer various fund options like equity, debt, or balanced funds. Equity funds offer higher growth potential but with higher risk. Debt funds offer lower risk but potentially lower returns. Balanced funds offer a mix of both. Choose an appropriate fund mix based on your risk tolerance and goals.</li>
	<li><strong>Expense Ratio:</strong>&nbsp;This is a crucial factor as it directly impacts your returns. A lower expense ratio translates to higher returns for you. Compare expense ratios of different ULIPs before choosing.</li>
	<li><strong>Lock-in Period:</strong>&nbsp;ULIPs come with a lock-in period, typically 5-10 years. Choose a lock-in period that aligns with your investment horizon. Avoid premature withdrawals to avoid surrender charges and potential market volatility disruptions.</li>
</ul>

<h3>3. Invest Regularly (Top-Ups)</h3>

<p>Consider making regular top-up investments throughout the 10 years. This process, called rupee cost averaging, helps you benefit from market fluctuations. By investing smaller amounts periodically, you average out the cost per unit over time. This strategy can potentially enhance your returns in the long run.</p>

<h3>4. Asset Allocation and Rebalancing</h3>

<p>Asset allocation refers to the distribution of your investment across different fund options (equity, debt, balanced). Rebalancing involves periodically adjusting your asset allocation to maintain your desired risk profile. As your investment grows and market conditions change, rebalancing helps ensure your portfolio remains aligned with your goals. Ideally, review your asset allocation and consider rebalancing at least once a year.</p>

<h3>5. Stay Disciplined</h3>

<p>Market fluctuations and short-term volatility are inevitable. Remain disciplined and avoid making impulsive decisions based on market movements. Stick to your long-term investment plan and resist the urge to withdraw funds prematurely. Patience is key to maximizing returns over 10 years.</p>

<h3>6. Understand Costs and Charges</h3>

<p>ULIPs involve certain charges like premium allocation charges, policy administration charges, and fund management charges. While these charges are unavoidable, compare these costs across different ULIP plans. Choosing a plan with lower charges can improve your overall returns.</p>

<h3>7. Life Cover vs. Investment</h3>

<p>Remember, ULIPs offer a dual benefit – life insurance and investment. Don't solely focus on maximizing returns and overlook the life insurance component. Ensure the chosen ULIP provides adequate life cover for your dependents' needs.</p>

<h3>8. Seek Professional Advice</h3>

<p>Consulting a financial advisor can be highly beneficial. They can assess your financial situation, risk tolerance, and goals to recommend a suitable ULIP plan with the most appropriate fund options.</p>

<h2>Conclusion</h2>

<p>By following these strategies and adopting a disciplined approach, you can maximize your ULIP returns over a 10-year period. Remember, ULIPs are <a href="https://www.bhartiaxa.com/be-smart/tax-savings/long-term-tax-saving-investment-for-tax-benefits" target="_blank">long-term investments</a>. Patience, strategic planning, and regular monitoring are key to achieving your financial objectives.</p>
</div>
</section>


<p>The Unit Linked Insurance Plan (ULIP) has become a popular financial product over the last few years due to its financial protection and great returns. ULIP combines the benefits of an insurance policy (mostly life insurance) with an investment option, giving the policyholder significant returns in the long run. The ULIP’s premium price payment will split itself into providing life coverage and serving as investments in various funds available in the market.</p>


How to maximize ULIP returns?

How to maximize ULIP returns in 10 years? 

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Bharti AXA Life Unit Linked Employee Benefits Plan – Group Term Product

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Bharti AXA Life Unit Linked Employee Benefits Plan is group term product enables to plan for your employee benefits in the form of gratuity and leave encashment. Visit here to know more.

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<table width="100%">
	<thead>
		<tr>
			<th>
			<p>Parameters</p>
			</th>
			<th>
			<p>Minimum</p>
			</th>
			<th>
			<p>Maximum</p>
			</th>
		</tr>
	</thead>
	<tbody>
		<tr>
			<td>
			<p>Premium / Contribution per scheme* (in INR)</p>
			</td>
			<td>
			<p>₹ 1,00,000</p>
			</td>
			<td>
			<p>No Limit</p>
			</td>
		</tr>
		<tr>
			<td>
			<p>Age at Entry (Age Last Birthday)</p>
			</td>
			<td>
			<p>18 years</p>
			</td>
			<td>
			<p>79 years</p>
			</td>
		</tr>
		<tr>
			<td>
			<p>Maximum Age at Maturity (Age Last Birthday)</p>
			</td>
			<td colspan="2">
			<p>80 years</p>
			</td>
		</tr>
		<tr>
			<td>
			<p>Policy Term</p>
			</td>
			<td colspan="2">
			<p>One Year Renewable</p>
			</td>
		</tr>
		<tr>
			<td>
			<p>Sum Assured</p>
			</td>
			<td colspan="2">
			<p>Flat Sum Assured of INR 5,000 for all members</p>
			</td>
		</tr>
		<tr>
			<td>
			<p>Number of Members</p>
			</td>
			<td>
			<p>10</p>
			</td>
			<td>
			<p>No Limit</p>
			</td>
		</tr>
	</tbody>
</table>

<p><i>*The premium / contribution shall be as per the Actuary's certificate in accordance with AS 15 (Revised) only.</i></p>


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View all Jargon

<p>The payment made to a beneficiary upon the death of the insured person.</p>

<p>--&nbsp;Whenever an unfortunate event happens, there is both emotional as well as financial loss. An insurance company helps you replace the financial/monetary loss through the Death Benefit, which helps maintain your family’s financial stability. This benefit includes both a guaranteed sum of money called as Sum Assured on Death and also the Accrued Bonuses, if applicable.</p>


Death Benefit

<p>Insurance covering a number of people under a single policy, issued to their employer with whom they are working.</p>


Group Insurance

<p>The payment of sum assured to the insured person which becomes due in instalments under a money back policy.</p>


Survival Benefit

<p>Sum assured is the amount that an insurer agrees to pay on the occurrence of a stated contingency (eg: Death).</p>
