Plan Smarter, Live Better!
Whole Life Insurance with Cash Bonus
Flexible Bonus Payouts
Two options for benefit payouts
Life Cover
Tax Benefits^
Give:
₹1 lakh for 6 years
Get:
₹14.48 lacs#
How to Calculate Gratuity for Private Sector Employees How to Calculate Gratuity for Private Sector Employees How to Calculate Gratuity for Private Sector Employees How to Calculate Gratuity for Private Sector Employees How to Calculate Gratuity for Private Sector Employees How to Calculate Gratuity for Private Sector Employees
ABSLI Akshaya plan is a non-linked participating individual savings life insurance plan. (UIN: 109N136V04)
#Scenario: ABSLI Akshaya Plan, Age 35, Healthy Male, Premium Payment Term: 6 years, Policy Term: 25 years, Benefit Option: Long Term Income, Premium Rs.1lakh p.a. (Rs.100,000X6), Cash Bonus Payout Frequency: Annually in Arrears, Sum Assured: Rs 710,000. Assumed @8% p.a., Cash Bonus (if declared) p.a. = Rs 23,004, Total Cash Bonus (if declared) (A)= Rs 5,75,100, Terminal Bonus (If declared) + Sum Assured (B) = Rs 8,73,300, Total Benefit (A+B) = Rs 14,48,400. Assumed @4% p.a., Cash Bonus (if declared) p.a. = Rs 8,520, Total Cash Bonus (if declared) (A)= Rs 2,13,000, Terminal Bonus (If declared) + Sum Assured (B) = Rs 7,95,200, Total Benefit (A+B) = Rs 10,08,200.
2Tax benefits are subject to changes in tax laws. Kindly consult your financial advisor for more details.
ADV/6/22-23/417
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