Bharti AXA Life Saral Jeevan Bima
- Flexible Premium Payment Term
- Special Rates for Females
- Get Surrender Benefit
Uncertainties are inescapable, but you can make sure your family's goals remain undisturbed, irrespective of the circumstances, with a Bharti AXA Life Saral Jeevan Bima. It is a basic term insurance plan to secure the family's financial future in exchange for pocket-friendly premiums. However, you can even choose the premium payment term based on your budget. With their simple and easy-to-understand features, you can secure yourself & your family hassle-free.
Bharti AXA Life Saral Jeevan Bima offers you a range of benefits including:
Minimum Age - 18 years Maximum Age - 65 years
Maximum Maturity Age - 70 years
Minimum term - 5 years Maximum term - 40 years
Basic Sum Assured: ₹5 Lakhs to ₹50 Lakhs
The policy loan is not available under Bharti AXA Life Saral Jeevan Bima.
Annual, Semi-Annual, and Monthly
Let's understand how the Bharti AXA Saral Jeevan Bima works with a simple premium illustration.
Arjun is a 35-year-old salaried employee with a wife and two kids. Being the sole earning member of the household, he wants to secure his family's financial future.
His financial advisor advised him to buy the Bharti AXA Saral Jeevan Bima Work. He visited PolicyX.com.
Let's understand how the Bharti AXA Saral Jeevan Bima works for him with an example.
| Age of policyholder | Monthly Premiums | Annual Premiums | Policy Tenure | Total premiums paid | Sum assured |
| 35 years | ₹795/month | ₹9,540/year | 35 years | ₹2,38,500 | ₹25 Lakhs |
Key Takeaways: In case of Arjun's unfortunate death during the policy term, his family will receive a lump sum death benefit payout.
Here are the benefits associated with the Bharti AXA Life Saral Jeevan Bima
Upon the unfortunate death of the policyholder during the waiting period, the death benefit shall be payable to the nominee as a lump sum: 10 times the Annualized Premium or 105% of all premiums paid as of the date of death.
In case of the policyholder's unfortunate death after the waiting period, the death benefit shall be payable to the nominee as a lump sum: 10 times the annualized premium or the absolute amount assured to be paid on death.
When you do not want to continue the policy and exit the plan before maturity, the surrender value/Policy Cancellation value will be payable to you only under the single or limited pay.
In this plan, you can only pay 3 months' premiums in advance on the policy's commencement date.
You can add the following riders to your Bharti AXA Life Saral Jeevan Bima:
Bharti AXA Life Accidental Death Benefit rider provides an additional sum assured equal to 50% of the sum assured in case of the unfortunate demise of the life insured due to an accident.
Bharti AXA Life Accidental Total and Permanent Disability Rider provides a rider sum assured to the nominee in case of permanent disability within 120 days of the accident.
Here is the list of exclusions associated with the plan:
Bharti AXA Saral Jeevan Bima is a pure protection, non-linked term insurance plan that offers flexible premium options such as Single Pay, Limited Pay, and Regular Pay. You can protect your loved ones up to 70 years of age, choose your own policy term, and attach 2 kinds of riders with your policy.
If you have doubts or queries regarding the Bharti AXA POS Saral Bachat Yojana plan, you can contact us through the website policyx.com or at 1800-4200-269.
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
4.6
Rated by 857 customers
Select Your Rating
Let us know about your experience or any feedback that might help us serve you better in future.
A boy-in-squares bagging escapades of switching streets in groove & sensing musical airy-notes from 6 1". Under wayed nyctophile sketching the walls of life from the panorama of anime.
Do you have any thoughts you’d like to share?