Bharti Axa Life vs Pnb Investment

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Bharti Axa Life vs Pnb Investment

Bharti Axa Life

Bharti AXA Life Insurance Ltd. is a joint venture between the Paris-headquartered Insurance MNC, AXA Group, and the Indian conglomerate Bharti Enterprises.

Pnb Investment

PNB Met Life Savings and Investment Plan provides the benefits of an insurance cover as well as a market-linked investment allowing the flexibility to invest in equity or debt funds, depending on the investor& 039;s risk appetite.

COMPANY DETAILS Edit Bharti AXA Life Insurance

Bharti Axa Life

Edit PNB Metlife Investment Plans

Pnb Investment

Rating
Number of life insurance plans and add-ons
Annual Premiums Collected (2023-24)

Annual Premiums Collected (2023-24)

2920.58 crores

Annual Premiums Collected (2023-24)

Rs 1.5 lakhs to No limit
Payout Options

Payout Options

Lump sum, regular frequencies or a combination of both

Payout Options

-
Claim ratio

Claim ratio

99.1%

Claim ratio

Minimum Age - 3 year%
Solvency Ratio

Solvency Ratio

1.6

Solvency Ratio

80 years
Branches

Branches

99.1

Branches

Annually, quarterly,
Riders Available

Riders Available

Accidental Death Benefit Rider, Accidental Total & Permanent Disability Rider, Premium Waiver Rider, Hospi Cash Benefit Rider

Riders Available

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

Policy Term

5 to 75 years

Policy Term

5 to 10 years

Know More About Companies

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. It was founded in 2006 and offers a wide range of insurance products to its customers. 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. Providing protection, savings, investment, health, and group plans, Bharti AXA Life Insurance company has a distribution across 123 cities in India with 263 offices and has issued 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, customers have an array of plans laid out and can choose insurance products ranging from traditional to investment plans or ensure protection for their children through a child plan. Bharti AXA Life Insurance brings together strong values wherein they function on being customer-centric. 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:

why-choose
  • Reliable and hassle-free claim settlement

  • 24*7 customer service

  • A wide variety of options

  • Longer coverage

 

Riders

Riders You Can Avail With Bharti AXA Life 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.

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PNB Met Life Savings and Investment Plan provides the benefits of an insurance cover as well as a market-linked investment allowing the flexibility to invest in equity or debt funds, depending on the investor& 039;s risk appetite.

Investment Plan Plans

Investment Plan

PNB Century Plan provides you with whole-life (up to 100 years of age) coverage and income. This investment plan offers survival benefits if you outli...

Unique Features

  • Multiple plan options
  • Bonuses
  • Flexible income pay

PNB MetLife Century Plan (Pros)

PNB MetLife Century Plan
  • Guaranteed cash bonuses
  • Multiple income options
  • Waiver of premiums on demise

PNB MetLife Century Plan (Cons)

PNB MetLife Century Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

PNB MetLife Century Plan (Other Benefits)

PNB MetLife Century Plan
  • Death benefits
  • Maturity benefits
  • Tax benefits

PNB MetLife Century Plan (Eligibility Criteria)

PNB MetLife Century Plan
  • Minimum entry age- 30 days
  • Maximum entry age- 65 years
  • Minimum sum assured- Rs 2.4 lakhs
  • Maximum sum assured- No limit
  • Maximum policy term- 100 minus entry age

Investment Plan

Mera Wealth Plan is a ULIP (Unit Linked Life Insurance Plan) that covers your family financially if something happens to you and gets good returns on ...

Unique Features

  • Loyalty additions
  • Dual benefits
  • Partial withdrawals

PNB Metlife Mera Wealth Plan (Pros)

PNB Metlife Mera Wealth Plan
  • Loyalty additions
  • Dual benefits
  • Partial withdrawals

PNB Metlife Mera Wealth Plan (Cons)

PNB Metlife Mera Wealth Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

PNB Metlife Mera Wealth Plan (Other Benefits)

PNB Metlife Mera Wealth Plan
  • Premium discontinuance
  • Death benefits
  • Maturity benefits

PNB Metlife Mera Wealth Plan (Eligibility Criteria)

PNB Metlife Mera Wealth Plan
  • Minimum entry age- 30 days
  • Maximum entry age- 60 years
  • Minimum sum assured- Rs 50 lakhs
  • Maximum sum assured- No limit
  • Maximum policy term- 30 years

Investment Plan

Save more with PNB MetLife Super Saver Plan: protect your family in your absence. PNB MetLife Super Saver plan is a long-term savings and family prote...

Unique Features

  • Waiver of Premium
  • Yearly Cash Bonuses
  • Choice of Plan Options

PNB Metlife Super Saver Plan (Pros)

PNB Metlife Super Saver Plan
  • Waiver of Premium
  • Yearly Cash Bonuses
  • Choice of Plan Options

PNB Metlife Super Saver Plan (Cons)

PNB Metlife Super Saver Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

PNB Metlife Super Saver Plan (Other Benefits)

PNB Metlife Super Saver Plan
  • Maturity Benefits
  • Tax Benefits
  • Death Benefits

PNB Metlife Super Saver Plan (Eligibility Criteria)

PNB Metlife Super Saver Plan
  • Minimum entry age- 0 years
  • Maximum entry age- 60 years
  • Minimum sum assured- Rs 220000
  • Maximum sum assured- No limit
  • Maximum policy term- 20 years

Investment Plan

To Save More, Invest Smartly with the PNB Met Life Bachat Yojana. PNB MetLife Bachat Yojana plan is a long-term saving plan with the benefit of assure...

Unique Features

  • Long-term Saving Plan
  • Earn Cash Bonuses Yearly
  • Lower Premiums

PNB MetLife Bachat Yojana (Pros)

PNB MetLife Bachat Yojana
  • Death Benefit
  • Survival Benefit
  • Maturity Benefit

PNB MetLife Bachat Yojana (Cons)

PNB MetLife Bachat Yojana
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

PNB MetLife Bachat Yojana (Other Benefits)

PNB MetLife Bachat Yojana
  • Comprehensive Protection
  • Flexibility
  • Availability of Riders

PNB MetLife Bachat Yojana (Eligibility Criteria)

PNB MetLife Bachat Yojana
  • Minimum entry age- 20 years
  • Maximum entry age- 60 years
  • Minimum sum assured- Rs 64800
  • Maximum sum assured- 5 lakhs
  • Maximum policy term- 15 years

PNB Metlife Investment Plans Plans

PNB Metlife Investment Plans

PNB MetLife Guaranteed Savings Plan is an individual, non-participating, non-linked savings plus life insurance policy. By serving dual purposes of cr...

Unique Features

  • Get guaranteed Benefits & Yearly Bonuses on Your Savings
  • Rebates on High Sum Assured
  • 2 Add-on Riders Available

PNB Metlife Guaranteed Savings Plan (Pros)

PNB Metlife Guaranteed Savings Plan
  • Maturity Benefits
  • Death Benefits
  • Discount on High Sum Assured

PNB Metlife Guaranteed Savings Plan (Cons)

PNB Metlife Guaranteed Savings Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

PNB Metlife Guaranteed Savings Plan (Other Benefits)

PNB Metlife Guaranteed Savings Plan
  • Yearly Bonuses
  • High Sum Assured Rebates
  • Additional Riders

PNB Metlife Guaranteed Savings Plan (Eligibility Criteria)

PNB Metlife Guaranteed Savings Plan
  • Minimum entry age- 3 years
  • Maximum entry age- 60 years
  • Minimum sum assured- Rs 150000
  • Maximum sum assured- Rs 400000
  • Maximum policy term- 20 years
Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.