Bharti axa life young india plan is a participating traditional insurance policy. It is an endowment plan with bonus facility.

Features and benefits:

• Flexi Cover - you, the policyholder, have the flexibility of determining the appropriate protection level during key life stages. This feature enhances your sum assured at key milestones in your lifeto account for the additional responsibilities.

• Good times money back option- during the policy period,you canopt to receive lump sum payouts on key milestones,such as marriage and child birth. This benefit can be availed two times during the policy term. The "good times money back" amounts to at least 10% of base sum assured beginning from fourth year.

• Maturity BEnefit-when you reach 60 years of age, you will receive 200% of base sum assured along with accrued bonuses.

• Bonus- simple reversionary bonus(if declared)gets accrued to the policyand will be paid outat maturity/death as applicable.This plan is eligible for simple reversionary bonuses after the completion of 10 policy years.

• Waiver of premium-The policyholdercan opt for a premium waiver facility. Here, all the future premiums are waived-off in case of the passing away of the individual.

• Premium payment- premiums can be paid monthly, quarterly, half yearly or yearly.

Eligibility criteria:

• The minimum age at entry is 18 years.

• The maximum age at entry is 40 years.

• The minimum premium is Rs 8k.

• There is no limit on the maximum premium.