Swabhimaan Retirement Plan

1. What type of income does the Bharti AXA Life Swabhimaan Retirement Plan guarantee?

• Variable income

• Guaranteed lifetime income

• Income until retirement

• Interest-based income

2. What happens to the annuity payments if the policyholder's partner is still alive?

• They stop

• They reduce

• The partner continues to receive the same benefit

• The partner receives half the annuity

How often can annuity payments be received under this plan?

• Only monthly

• Only yearly

• Only quarterly

• Monthly, quarterly, half-yearly, or yearly

What payment option is available for premiums under this plan?

• Only annual payments

• Monthly installments only

• Single premium or spread over a few years

• No payment flexibility

What feature allows flexibility in case of financial emergencies?

• Loan facility

• Withdraw entire fund

• Option to avail liquidity by withdrawing part of the Surrender Value

• Extension of maturity

What is the purpose of the “Save the date” feature in this plan?

• To fix the maturity date

• To receive annuity on a special date of choice

• To lock in tax benefits

• To skip a payment

Are there any tax benefits on premiums paid under this plan?

• No

• Only if the policyholder is a senior citizen

• Yes, under prevailing tax laws

• Only after 5 years of the policy

What is the first step in starting guaranteed lifelong income according to the plan?

• Choose annuity pay-out frequency

• Choose the deferment period

• Choose the premium to invest

• Choose the annuity option

Which annuity option is available for both Single Life and Joint Life under "without return of premium"?

• Life Annuity with 100% Return of Premium

• Joint Life Last Survivor Annuity without Return of Premium

• Life Annuity without Return of Premium

• Life Annuity with Step Up

Which of the following annuity options includes benefit upon Critical Illness or Permanent Disability?

• Life Annuity without Return of Premium

• Life Annuity with 50% Return of Premium

• Life Annuity with Return of Premium on CI or Disability

• Joint Life Last Survivor with Return of Premium