Bharti AXA Term Insurance
- 24 hours claims settlement
- Avail 5% online discount
- Get whole life cover
Bharti AXA Term Insurance offers you multiple term insurance plans based on the features, benefits, and eligibility criteria. Here are some of the term plans offered by Bharti AXA Term Insurance.
| Plan | Entry Age | Tenure | Min. Sum Assured | Unique Features |
|---|---|---|---|---|
| Bharti AXA Life Suraksha Plan | Minimum Age - 18 years Maximum Age - 65 years | Annual, Semi-Annual, Quarterly, and Monthly | ₹5 Lakhs |
|
| Bharti AXA Grameen Jeevan Bima Plan | Minimum Age - 18 years Maximum Age - 60 years | Single, Annual, Semi-Annual, Quarterly, and Monthly | ₹10 Thousands |
|
| POS Saral Jeevan Bima Yojana Plan | Minimum Age - 18 years Maximum Age - 55 years | Annual, Semi-Annual, Quarterly, and Monthly | ₹50 Thousands |
|
| Bharti AXA Life Saral Jeevan Bima Plan | Minimum Age - 18 years Maximum Age - 65 years | Annual, Semi-Annual, and Monthly | ₹5 Lakhs |
|
| Bharti AXA Group Suraksha Policy Plan | Minimum Age - 18 years Maximum Age - 54 years | Annual, Semi-Annual, Quarterly, and Monthly | ₹5 Thousands |
|
| Bharti AXA Life POS Saral Bachat Yojana Plan | Minimum Age - 8 years Maximum Age - 55 years | Annual, Semi-Annual, Quarterly, and Monthly | ₹40 Thousands |
|
| Bharti AXA Life Flexi Term Pro Plan Plan | Minimum Age - 18 years Maximum Age - 65 years | Annual, Semi-Annual, Quarterly, and Monthly | ₹25 Lakhs |
|
Here is a quick overview of the Bharti AXA Term Insurance Plans listed in the above table.
Bharti AXA Life Suraksha is an all-round protection plan that allows you to customize the plans based on your needs and life stage. It offers 2 plan options as per your protection needs: without return of premium and with return of premium. The plan comes with value-added services such as the return of premium, life stage benefit, joint life cover, special exit value, etc.
Bharti AXA Life Suraksha is a protection plan that allows you to get whole-life coverage till 99 years. It offers 2 plan options: without the return o...
Unique Features
Are you looking for an extremely inexpensive term insurance plan with short coverage? Then Bharti AXA Grameen Jeevan Bima might be the right choice fo...
Unique Features
Bharti AXA Life POS Saral Jeevan Bima Yojana is a non-linked, non-participating, individual, pure-risk premium life insurance plan that offers lump su...
Unique Features
Uncertainties are inescapable, but you can make sure your family's goals remain undisturbed, irrespective of the circumstances, with a Bharti AXA Life...
Unique Features
Are you looking for a term plan that covers a group of people, is simple, and has simple and low-cost premiums? If yes, then today we have a term plan...
Unique Features
Are you looking to save for the future and protect your loved ones? Then Bharti AXA POS Saral Bachat Yojana might be perfect for you! A term insurance...
Unique Features
Bharti AXA Life Flexi Term Pro is a comprehensive and best term insurance plan that can be customized as per your needs. It offers two plan options an...
Unique Features
Bharti AXA Term Insurance Plans
| Name of the Riders | Benefits |
| Accidental Death Benefit Rider | Get an extra payout on top of the base cover in case of unfortunate death due to an accident. |
| Accidental Total & Permanent Disability Rider | Get an extra cover on top of the base cover against total and permanent disability caused by accidents. |
| Premium Waiver Rider | It waives off your future premiums in case you're faced with an unfortunate event like critical illness, permanent disability, or death. |
| Hospi Cash Benefit Rider | Get an additional payment of a fixed benefit for each day of hospitalization and a lump sum benefit in case of surgery. |
Bharti AXA Term Insurance is one of the most trustworthy and reliable insurer partners you can choose from. Here are the reasons why you should choose Bharti AXA Term Insurance Plans:
Bharti AXA Life has an impressive claim settlement ratio of 99.01% for FY 2022-23.
Bharti AXA Life Insurance is known for its outstanding customer service and is committed to making its customer's experience as seamless as possible.
The solvency ratio indicates the financial health of the insurance provider. In the latest report by IRDAI (2022-2023) of the top term insurance companies, Bharti AXA Life Insurance maintains a good solvency ratio of 1.6.
Bharti AXA Life offers a variety of riders for its term insurance plans, which help you customize your plan to your needs.
Bharti AXA Life's term insurance plans are easy to buy because they don't involve lengthy underwriting procedures and medical examinations.
Bharti AXA Term Insurance Plans offer various additional benefits to the policyholders.
With the joint life cover feature, you can cover two people under a single plan. It offers financial security for the surviving member if one of the insured persons has an unfortunate demise. It is pretty beneficial because it only requires one payment for two people's coverage.
Usually, term insurance does not provide any maturity benefit. However, the Bharti AXA term plan offers a maturity benefit through a premium refund if the life insured survives till the end of the policy term.
With this option, you can increase the sum assured twice during the policy term without undergoing any future medical examination. It is an ideal option for a young policyholder to help them upgrade their life cover as per their increasing life stage requirements. It is not available under the joint life and return of premium option.
Smart exit value feature that lets you exit a policy early and receive a refund of all premiums paid till the date of surrender. Kindly note that no additional premiums are payable for this option.
Bharti AXA term policies offer a whole-life coverage option that provides financial protection until the policyholder is 99 years old. With a whole life feature, you can stay protected with a life cover—as long as you keep up with the premium payments.
There are various Bharti AXA term plans based on their features. You can choose the one that best suits your requirements.
Upon the policyholder's demise during the policy period, the death benefit amount shall be payable to the nominee.
Get back all the premiums paid towards the plan at maturity if you outlive the policy tenure.
Here are the documents required to buy a Bharti AXA Term Insurance Plan:
Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
You can buy the Bharti AXA Term Insurance policy from Policyx.com or the Bharti AXA Term Insurance website.
Fill out the form at the top of this page with the necessary details.
Select your income and city. Click on 'Proceed'.
Update your education and occupation details.
Choose your preferred plan and click on 'Buy this plan'.
Select the policy term, premium period, and riders (if required), and then proceed to pay.
Go to the official website of Bharti AXA Life Insurance.
Click on a term plan from the above section.
It'll take you to the new page, scroll down, and select a plan.
Click on Ask an Advisor, and a new page will appear on your screen.
Choose a suitable way to contact their advisor via phone, sms, WhatsApp, etc.
Filing a claim for Bharti AXA Term Plan is a simple and hassle-free task. You can easily fill and submit their claims online or walk into your nearest Bharti AXA Life branch. To file a claim for Bharti AXA Term Plan, you need to follow the below-mentioned steps.
Inform the company about the incident via various channels- by writing an email at lifeclaims@bhartiaxalife.com, calling on the toll-free number (1800 102 4444), filling the online claim form on its website, or by visiting the nearest branch. The following details have to be provided during the intimation of your claim: name of the policyholder, policy number, date of death/event of the life assured, nominee name, cause of death, and contact details.
Submit the necessary documents requested by the company to process the claim.
In case of natural death:
death claim form, death certificate, original policy documents, claimant's identity & residence proof, medical records at the time of death & past illnesses, and account details of the nominee.
In case of an accidental Death:
the same documents are included, along with two additional documents: the FIR and the post-mortem report.
After receiving all the documents and claim forms, the company will verify the details as per their norms. On successful completion, the claim will be settled and the amount will be transferred to the nominee's bank account and the same will be communicated to him/her over call or email.
To file a claim offline with Bharti AXA Life Insurance, you must visit its head office or any of its branches. Submit a duly filled claim form and the required documents to the nearest bank branch, company head office, or any of their offices. The claim department processes the claim once they verify the documents. However, you can easily locate the nearest branch office using the Bharti AXA branch locator.
If you have any more queries regarding Bharti AXA Term Insurance Plans,
Renewals, or Claim Procedures, contact our insurance experts at:
1800-4200-269 now!
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Naval Goel is the Founder and CEO of PolicyX.com (IRDA- Approved Insurance Comparison Website). He is a CFA charter holder (USA) and FRM (GARP). He holds an MBA from IIFT, Delhi, and is also an Associate from the Insurance Institute of India. Naval is an avid investor and entrepreneur who has a deep understanding of the Indian equity market and insurance sector. He has been investing for more than 10 years now and is a CFA charter holder.
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