Axis Max Life Smart Wealth Advantage Guarantee – Long term wealth variant

With the long term wealth variant of Axis Max Life Smart Wealth Advantage Guarantee (UIN:104N124V14) we bring to you the SWAG of enhanced flexibility

Disclaimer

: In Unit Linked Policies, the investment Risk in the investment portfolio is borne by the policyholder.

How does the Long-term Wealth Variant Work?

Parameters	Scenario 1	Scenario 2	Scenario 3	Scenario 4	Scenario 5
Age of Life Assured in years	35	35	35	35	35
Premium payment term/policy term¹	8/40	10/36	12/39	12/42	12/47
Annualised Premium	2,00,000	2,00,000	2,00,000	2,00,000	2,00,000
Deferment period	2	1	2	0	5
Policy continuance benefit opted	No	No	No	No	Yes
Total survival benefit (guaranteed)/year	1,38,116	1,85,394	2,69,016	2,28,656	2,99,292
Income years³	30	25	25	30	30
Return of premium @ end of policy term	16,00,000	20,00,000	24,00,000	24,00,000	24,00,000
Customer Internal rate of return	5.63%	5.80%	6.01%	6.02%	5.80%
Give-get	3.60X	3.33X	3.81X	3.87X	4.75X

Note:

Life Insured is a male.

¹Policy term = Premium payment term plus Deferment period plus Income years
²Income will start after premium payment term plus Deferment period

Annualised premium means the premium amount payable in a year chosen by the policyholder excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any.

Benefits of Long term wealth variant

Your family looks up to you to make your dreams a reality. With Smart Wealth Advantage Guarantee, you can. It allows you the flexibility to customise your plan to suit your convenience while also offering you enhanced protection.

Enhanced flexibility

Choose your premium payment term/income years/policy term. Receive income on special occasions through our “Save the date” option^#

Liquidity

Option to accrue your income and withdraw it anytime during the policy term

Enhanced protection

In-built accidental death benefit of 50% of the sum assured (applicable when premium payment term is over). Optional policy continuance benefit^#^#

Advantages of Long term wealth

• You can choose from 5 premium payment terms of 5,6,8,10 &12, choose your deferment period from 0 to 5 years and then choose your income years from our 20,25 & 30 year options, thus completely customizing your plan and its tenure basis your long term goals and milestones

• If you wish to receive your income at a particular date other than the policy anniversary, you can choose to do that by selecting our “Save the date” option under this plan thus planning a financial gift for your loved ones on their special occasions

• You can choose to stay with us in this journey for a period of as 47 years with ^* ^#guaranteed income by locking in your returns today

• An additional policy continuance benefit cab also be opted in order to ensure enhanced protection for your loved ones

ARN: PDP/SWAG3/200525

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