Bharti Axa Life vs Hdfc Investment Life Insurance 2026 | PolicyX

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Overview

Bharti AXA Life Insurance: Overview

Bharti AXA Life Insurance Ltd. is a joint venture between the Paris-headquartered insurance MNC (AXA Group) and the Indian conglomerate Bharti Enterprises. Founded in 2006, it offers a wide range of insurance products to its customers. Based on the regulatory framework prescribed for the insurance companies, AXA holds a 49% stake, while Bharti holds the majority 51% stake in the joint venture.

Providing protection, savings, investment, health, and group plans, Bharti AXA Life Insurance has a distribution across 123 cities in India with 263 offices and has issued over 17,70,000 policies. Bharti Enterprises has a diversified portfolio of operations based out of Europe, North America, and the Asia Pacific area. Bharti AXA offers multiple plans, providing customers with an array of choices ranging from traditional to investment plans, or protection for their children through a child plan.

Bharti AXA Life Insurance brings together strong values, functioning on customer-centricity. Their commitment to solving insurance problems is reflected in their impressive claim settlement percentage.

Bharti AXA Life Insurance ensures to look after your insurance needs by offering:

  • Reliable and hassle-free claim settlement
  • 24*7 customer service
  • A wide variety of options
  • Longer coverage
COMPANY DETAILS ✎ Edit

Bharti Axa Life

✎ Edit

Hdfc Investment

Rating
Number of life insurance plans and add-ons
Annual Premiums Collected (2024-25)

Annual Premiums Collected (2024-25)

₹ 2908.30 crore

Annual Premiums Collected (2024-25)

₹ 000 to No limit
Payout Options

Payout Options

Lump sum, regular frequencies, or a combination of both.

Payout Options

-
Claim ratio

Payout Options

99.18%%

Payout Options

Minimum Age - 5 year%
Solvency Ratio

Solvency Ratio

1.6%

Solvency Ratio

80 years
Pan India Presence

Pan India Presence

200

Pan India Presence

Annual, half-yearly,
Riders Available

Riders Available

Accidental Death Benefit Rider, Accidental Disability Rider, Accelerated Death Benefit, Critical Illness Benefit, Waiver of Premium Benefit, Income Benefit

Riders Available

Minimum term - 6 years Maximum term - 30 years
Policy Term

Policy Term

5 to 50 years

Policy Term

5 to 12 years
Inception year

Inception year

-

Inception year

-
Complaint ratio per ₹1 crore of premium collected

Complaint ratio per ₹1 crore of premium collected

-

Complaint ratio per ₹1 crore of premium collected

-
Average claim settlement time

Average claim settlement time

-

Average claim settlement time

-
IRDAI registration number

IRDAI registration number

-

IRDAI registration number

-
Awards and recognitions

Awards and recognitions

-

Awards and recognitions

-

Riders

Riders Available with Bharti AXA Life Insurance Plans

Name of the Riders Benefits
Accidental Death Benefit Rider Provides an additional payout over the base cover in case of accidental death.
Accidental Total & Permanent Disability Rider Offers additional coverage over the base plan for total and permanent disability due to accidents.
Premium Waiver Rider Waives future premiums in case of critical illness, permanent disability, or death.
Hospi Cash Benefit Rider Provides a fixed daily benefit for hospitalization and a lump sum for surgery.
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Expert Reviewed

Reviewed By: Naval Goel

Naval Goel has over a decade of expertise in the insurance sector, having worked with companies like AIG, New York. He is an Associate Member of the Indian Institute of Insurance, Pune, and is authorized by IRDAI to act as Principal Officer of PolicyX.com Insurance Web Aggregator.

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