Bharti AXA Life Insurance was formed as a joint venture between the Paris-headquartered Insurance MNC (AXA Group), and the Indian conglomerate Bharti Enterprises. Based on the regulatory framework prescribed for the insurance companies, AXA has a 49% stake, while Bharti holds the majority 51% stake in the joint venture. As one of India's leading life insurance companies, it provides protection, savings, investment, health, and group plans. All these policies ensure that all the needs of an individual are taken care of in the best manner possible.
Claim Settlement Ratio | 97.4% |
No. of Locations in India | 263 |
No. of Insurance Policies Issued | 17,70,000+ |
**Last Updated on 04-12-2020
Bharti AXA Life Flexi Term Plan is a flexible term insurance plan that provides financial protection against unforeseen events by offering the flexibility to choose from three different payout options.
Eligibility Criteria:
Age at entry | 18-65 years |
Maximum maturity age | 85 years |
Sum Assured | 10 Lacs – 25 Lacs |
Policy Term | 5,10, 15, 20 years |
Premium Payment Modes | Annual, Semi-Annual, Quarterly, Monthly |
**Last Updated on 04-12-2020
Features
Bharti AXA Life Premier Protect Plan is a non-linked and non-participating life term insurance plan that provides financial security to the family after the unfortunate death of the insured.
Eligibility Criteria:
Age at entry | 18-65 years |
Maximum maturity age | 75 years |
Sum Assured | 50 Lacs – No max limit |
Premium Payment Modes | Annual, Semi-Annual, Quarterly, Monthly |
**Last Updated on 04-12-2020
Features
Bharti AXA Life Smart Jeevan is a non-linked and non-participating life insurance plan that provides financial protection for 12 years at a nominal premium.
Eligibility Criteria:
Age at entry | 18-50 years |
Maximum maturity age | 62 years |
Sum Assured | Rs.50,000 – 5 Lacs |
Premium Payment Modes | Annual, Semi-Annual, Quarterly, Monthly |
**Last Updated on 04-12-2020
Features:
Bharti AXA Life POS Saral Jeevan Bima Yojana is a non-linked and non-participating term insurance plan that provides financial security to the family in case of the unfortunate death of the policyholder.
Eligibility Criteria:
Age at entry | 18-55 years |
Maximum maturity age | 28-65 years |
Sum Assured | Rs.50,000 – No limit |
Policy Term | 10/15/20/25 years |
Premium Payment Modes | Annual, Semi-Annual, Quarterly, Monthly |
**Last Updated on 04-12-2020
Features:
Bharti AXA Life Income Protection is a policy designed to provide continuous income (annual installments) to the insured's family after his/her unfortunate death.
Eligibility Criteria:
Age at entry | 18-58 years |
Maximum maturity age | 70 years |
Sum Assured | 5 Lacs – No limit |
Policy Term | 12, 15, 20 years |
Premium Payment Modes | Annual, Semi-Annual, Quarterly, Monthly |
**Last Updated on 04-12-2020
Features:
It is a non-linked non-participating Life Term Micro Insurance Plan that is designed to provide Life Insurance cover in case of death of the policyholder. The plan also offers a return of premium option, where 100% of the premiums paid are returned at the end of the policy term as a lump sum.
Eligibility Criteria:
Minimum Age at entry | 18 years |
Maximum maturity age | 65 years |
Sum Assured | Rs. 10,000- 2 Lacs |
Policy Term | 5 years & 10 years |
Premium Payment Modes | Single, Annual, Semi-Annual, Quarterly, Monthly |
**Last Updated on 04-12-2020
Features:
Bharti AXA Life Shining Stars is a non-linked and non-participating limited pay endowment Life Insurance plan, which is designed to take care of the financial needs and requirements of the child.
Eligibility Criteria:
Age at entry | 18-60 years |
Maximum maturity age | 80 years |
Sum Assured | Rs.50,000 – No limit |
Policy Term | 12-20 years |
Premium Payment Modes | Annual, Semi-Annual, Quarterly, Monthly |
**Last Updated on 04-12-2020
Features
Bharti AXA Life Elite Advantage is a savings & protection oriented life insurance plan that provides guaranteed payouts at the end of the policy term.
Eligibility Criteria:
Age at entry | 8-65 years |
Maximum maturity age | 77 years |
Policy Term | 10 & 12 years |
Premium Payment Modes | Annual, Semi-Annual, Quarterly, Monthly |
**Last Updated on 04-12-2020
Features:
Bharti AXA Life Super Series is a life insurance plan designed to provide guaranteed income to fulfil the family's growing financial needs and to provide financial security in case of the unfortunate death of the policyholder.
Eligibility Criteria:
CATEGORY | SUPER 6 Option | SUPER 10 option |
Age at entry | 6-63 years | 0-60 years |
Policy Term | 12 years | 20 years |
Minimum Annualized Premium | Rs. 18,000 | Rs. 15,000 |
**Last Updated on 04-12-2020
Features:
Bharti AXA Life Super Endowment Plan helps to build your wealth in a planned manner to meet your financial goals and future expenses.
Eligibility Criteria:
Age at entry | 91 days – 60 years |
Maximum maturity age | 80 years |
Policy Term | 16, 18 & 20 years |
Premium Payment Modes | Annual, Semi-Annual, Quarterly, Monthly |
Sum Assured | Rs.50,000 – No max limit |
**Last Updated on 04-12-2020
Features
Bharti AXA Life Monthly Income Plan+ is a traditional participating life insurance plan that provides a guaranteed monthly income and provides financial cover to family members in case of the unfortunate death of the policyholder.
Eligibility Criteria:
Age at entry | Minimum | 3 years for 15 years policy term 0 year for 20- and 30-years policy term |
Maximum | 65 years for 15 years policy term 60 years for 20 years policy term 50 years for 30 years policy term | |
Maximum maturity age | 80 years | |
Policy Term | 15, 20, 30 Years | |
Sum Assured | ₹ 1,92,000 for 15 years policy term ₹ 2,10,000 for 20 years policy term ₹ 1,35,000 for 30 years policy term |
**Last Updated on 04-12-2020
Features
Bharti AXA Life Dhan Varsha is a traditional non-linked participating plan that provides cash income in the form of non-guaranteed cash bonuses, and guaranteed survival benefits.
Eligibility Criteria:
Age at entry | 91 days – 55 years |
Maximum maturity age | 75 years |
Policy Term | 20 & 25 years |
Sum Assured | Rs.25,000 to No Max Limit |
**Last Updated on 04-12-2020
The values may change as per the chosen plan option
Features
Bharti AXA Life Samriddhi is a non-linked participating saving oriented life insurance plan. With this plan, you can build your corpus to meet your aspirations.
Eligibility Criteria:
Age at entry | 0 – 55 years (depending on policy term) |
Maximum maturity age | 80 years |
Policy Term | 10, 15, 20, 25, 30, 35 years |
Minimum Premium | Rs. 3,000 for 30 and 35-year policy |
**Last Updated on 04-12-2020
The values may change as per the chosen plan option
Features:
Bharti AXA Life Monthly Advantage is a limited pay traditional participating life insurance plan that provides guaranteed monthly payout from the end of the premium payment term.
Eligibility Criteria:
Age at entry | 91 days – 60 years |
Maximum maturity age | 84 years |
Premium Payment Modes | Annual, Semi-Annual, Quarterly, Monthly |
Minimum Sum Assured | Rs.50,000 |
**Last Updated on 04-12-2020
The values may change as per the chosen plan option
Features
Bharti AXA Life Secure Income Plan is a traditional non-participating limited pay life insurance plan that is designed to provide guaranteed monthly income and accrued additions at the end of the chosen term.
Eligibility Criteria:
Age at entry | Minimum | 3 years for 15 years Policy Term 1 year for 17 years Policy Term 0 year for 20 years Policy Term |
Maximum | 65 years for 15 years Policy Term 63 years for 17 years Policy Term 60 years for 20 years Policy Term | |
Maximum maturity age | 80 years | |
Policy Term | 15, 17 and 20 years | |
Premium Payment Modes | Annual, Semi-Annual, Quarterly, Monthly |
**Last Updated on 04-12-2020
Features:
Bharti AXA Life Guaranteed Income Plan is a limited pay life insurance plan, which provides a life insurance cover and a yearly income that increases every year.
Eligibility Criteria:
Age at entry | 91 days – 55 years |
Maximum maturity age | 84 years |
Policy Term | 15, 19, 23, 29 years |
Sum Assured | Rs.25,000 – No limit |
**Last Updated on 04-12-2020
The values may change as per the chosen plan option
Features:
Bharti AXA Life POS Saral Bachat Yojana is a non-linked and non-participating plan that helps you save for future needs and provide financial backup to secure your family’s future in case of your unfortunate death.
Eligibility Criteria:
Age at entry | 3 years – 55 years |
Maximum maturity age | 65 years |
Policy Term | 10 & 15 years |
Sum Assured | Rs.15,602 – 10 Lacs |
**Last Updated on 04-12-2020
The values may change as per the chosen plan option
Features:
Bharti AXA Life Child Advantage is a traditional participating savings plan that secures the financial needs of your child with its flexible benefit payout options.
Eligibility Criteria:
Age at entry | 18-55 years |
Maximum maturity age | 76 years |
Policy Term | 11 – 21 years |
Sum Assured | Rs.25,000 – no max limit |
**Last Updated on 04-12-2020
The values may change as per the chosen plan option
Features:
Bharti AXA Life Aajeevan Sampatti+ is a non-linked participating individual life insurance savings plan that provides guaranteed payouts every year with a life cover up to the age of 100 years.
Eligibility Criteria:
Age at entry | 91 days – 60 years |
Maximum maturity age | 100 or 85 years |
Premium Payment Term | 7 years, 10 years & 15 years |
Sum Assured | Rs.50,000 – no max limit |
**Last Updated on 04-12-2020
The values may change as per the chosen plan option
Features
Bharti AXA Life Flexi Save is a limited pay traditional participating life insurance plan that offers the flexibility to withdraw funds when the need arises.
Eligibility Criteria:
Age at entry | 0 years – 65 years |
Maximum maturity age | 85 years |
Policy Term | 20, 25, 30 years |
Flexi Benefit Period | Anytime between 10 – 30 years depending on premium terms |
**Last Updated on 04-12-2020
The values may change as per the chosen plan option
Features:
Bharti AXA Life Serv Suraksha is a non-participating policy that provides a life insurance cover on single premium payment.
Eligibility Criteria:
Age at entry | 18-50 years |
Policy Benefit Period | 5 years after policy issuance |
Premium | Rs. 100, Rs. 500, and Rs. 1000 |
**Last Updated on 04-12-2020
Features:
Bharti AXA Life Triple Health Insurance Plan provides financial cover up to 13 critical illnesses, that are divided into 3 groups- Group A, Group B and Group C.
Eligibility Criteria:
Age at entry | 18-65 years |
Maximum maturity age | 80 years |
Sum Assured | Rs. 2 Lacs- Rs 30 Lacs |
Policy Term | 15 Years |
Premium Payment Modes | Annual, Semi-Annual, Quarterly, Monthly |
**Last Updated on 04-12-2020
Features:
Bharti AXA Life Group Term Insurance Plan is a comprehensive plan that provides the flexibility of two payout options to ensure that all members of the group are adequately covered.
Eligibility Criteria:
Age at entry | 18-69 years |
Maximum maturity age | 70 years |
Sum Assured | Rs. 5,000 – No max limit |
Policy Term | 1 year |
Minimum Group Size | 50 members |
**Last Updated on 04-12-2020
Features:
Bharti AXA Life Group Loan Protect is a credit protection policy that is designed to take care of all the outstanding liabilities in case of the death of the policyholder.
Eligibility Criteria:
Age at entry | Minimum:
Maximum: 70 years |
Maximum maturity age | 75 years |
Sum Assured | Rs. 10,000 – No max limit |
Policy Term | 2-30 years |
**Last Updated on 04-12-2020
Features:
Bharti AXA Life Group Suraksha is a renewable group term insurance plan designed for institutions, co-operatives, and NGOs operating in rural and social sectors.
Eligibility Criteria
Age at entry | 18-54 years |
Maximum maturity age | 55 years |
Sum Assured | Rs. 5,000 – Rs. 25,000 |
Policy Term | 1 year (renewable) |
Minimum members | 15 members |
**Last Updated on 04-12-2020
Features:
Bharti AXA Life Jan Suraksha is designed for the economically weaker sections of the society, which include micro-financial institutions, NGOs, and other smaller groups.
Eligibility Criteria:
Age at entry | 18-59 years |
Maximum maturity age | 60 years |
Sum Assured | Rs. 2,000 – No max limit |
Policy Term | 1 year |
**Last Updated on 04-12-2020
Features
Bharti AXA Life Loan Secure is a traditional non-participating group single premium term insurance plan that provides loan cover to the family in the unfortunate death of the policyholder.
Eligibility Criteria:
Age at entry | 18-65 years |
Maximum cover ceasing age | 75 years |
Minimum Sum Assured | Rs. 10,000 |
**Last Updated on 04-12-2020
Features:
Bharti AXA Life Pradhan Mantri Jeevan Jyoti Bima Yojana is a non-linked and non-participating one-year renewable group term insurance product.
Eligibility Criteria:
Age at entry | 18-50 years |
Maximum maturity age | 55 years |
Sum Assured | Rs. 2 Lacs |
Policy Term | 1 year |
**Last Updated on 04-12-2020
Features:
Bharti AXA Life Smart Bima is a comprehensive group term insurance plan that provides a death benefit with the flexibility of multiple premium payment options.
Eligibility Criteria:
Age at entry | 18-50 years |
Maximum maturity age | 55 years |
Sum Assured | Rs. 5,000 – Rs. 5 Lacs |
Policy Term | 1 year (Renewable) |
**Last Updated on 04-12-2020
Features:
Bharti AXA Life Unit Linked Employee Benefits Plan is a unit-linked group insurance plan that allows companies to prepare a proper plan to offer employee benefits like leave encashment, gratuity, etc.
Eligibility Criteria:
Age at entry | 18-79 years |
Maximum maturity age | 80 years |
Sum Assured | Rs.5,000 |
Policy Term | 1 year (Renewable) |
**Last Updated on 04-12-2020
Features:
It is a comprehensive group micro term insurance plan, which ensures that all the members can stay peacefully without worrying about uncertain eventualities. The plan provides the flexibility of two death benefit payout options to provide sufficient financial support.
Eligibility Criteria:
Age at entry | 18-69 years |
Maximum maturity age | 70 years |
Minimum Sum Assured | Rs.5,000 |
Policy Term | One Year Renewable Term: 1 year (Annually Renewable) Fixed Policy Term:
|
**Last Updated on 04-12-2020
Features:
Bharti AXA Life Group Accidental Death Benefit Rider offers better protection to the family in case of loss of life insured’s death due to an accident.
Eligibility Criteria:
Age at entry | 18-65 years |
Maximum maturity age | 75 years |
Sum Assured | Rs.1,00,000- Rs.50,00,000 |
Policy Term | 3-30 years |
**Last Updated on 04-12-2020
Features:
Bharti AXA Life eFuture Invest is a unit-linked online investment plan that is designed to provide a life cover along with a tax-saving investment.
Eligibility Criteria:
Age at entry | 18-60 years |
Maximum maturity age | 70 years |
Premium Payment Modes | Annual, Semi-annual, Quarterly & Monthly |
**Last Updated on 04-12-2020
Features:
Bharti AXA Life Grow Wealth is a savings-oriented unit-linked insurance plan that allows the policyholder to invest in multiple funds options and get an insurance cover for his/her family.
Eligibility Criteria:
Policy term | 5 Years | 10 Years | 15 Years | 20 Years |
Premium Payment Term | Single Pay /5 Years | Single Pay /5 Years /7 Years /10 years | Single Pay /5 Years /7 Years /10 years /15 years | Single Pay /5 Years /7 Years /10 years / 20 years |
Minimum age at entry | 13 Years | 8 years | 3 Years | 91 days |
Maximum age at entry | 64 Years | 60 years | 55 Years | 50 Years |
Maximum Maturity Age | 70 Years |
**Last Updated on 04-12-2020
Features:
Bharti AXA Life Future Invest Plan is a unit-linked limited pay life insurance product that allows the policyholder to invest for a limited term and generate wealth in the remaining policy term.
Eligibility Criteria:
Age at entry | 18-59 years |
Maximum maturity age | 69 years |
Policy term | 10 years |
Premium Payment Modes | Single, Annual, Semi-Annual, Quarterly, Monthly |
**Last Updated on 04-12-2020
Features:
Bharti AXA Life Wealth Pro offers you a comprehensive financial solution that gives you a life cover up to 10 times of your premium and helps build wealth over the long term to ensure that you and your family fulfil all your aspirations.
Eligibility Criteria:
Age at entry | 0 years (91 days)- 65 years |
Maximum maturity age | 75 years for Growth Variant 99 years for Legacy Variant |
Premium Payment Modes | Annual and Monthly |
**Last Updated on 04-12-2020
The values may change as per the chosen plan option
Features:
Bharti AXA Life Insurance Company is a customer-centric organization that has designed plans for all the sections of society. Its affordable premiums, flexible payment options, and multiple sum assured options make it a desired company to avail life insurance. It has carried over the values of its parent companies (Bharti and AXA) and the culture is evident from the services that it provides.
PolicyX.com is an IRDA approved insurance portal that helps consumers to search, compare, and buy the right kind of plan to suit their financial needs. The following reasons make PolicyX.com the best platform:
There are four stages of claim processing for death, rider, hospitalization, and group death claims. Here they are:
1. What documents does a nominee need to provide to claim the death benefit for one of the life plans offered by Bharti AXA Life Insurance?
Following documents need to be submitted:
2. What is the exclusion under the Bharti AXA Flexi Term policy?
Suicide in the first policy year is excluded.
3. How can I track my Claim status?
As a policyholder, you can track your claims visit here www.bharti-axagi.co.in/track-your-claim
4. Is Keyman insurance provided along with my Bharti AXA Life Flexi term insurance?
No. Keyman insurance is not provided along with the Bharti AXA Life Flexi term insurance as it is a pure term policy.
5. Does Bharti AXA provide additional riders to enhance my insurance coverage?
The following riders are available for all customers:
Last updated on 04-12-2020