Bharti AXA POS Saral Jeevan Bima Yojana

Bharti AXA POS Saral Jeevan Bima Yojana: Eligibility criteria

Features of Bharti AXA POS Saral Jeevan Bima Yojana

Below are features available in Bharti AXA POS Saral Jeevan Bima Yojana

What are the benefits available in Bharti AXA Life POS Saral Jeevan Bima Yojana

Below are the benefits associated with Bharti AXA Life POS Saral Jeevan Bima Yojana.

1. Death Benefit (other than death due to Accident)

   During the Waiting Period of 90 days

   Upon the demise of life insured within 90 days of policy purchase, the death benefit under Bharti AXA Life POS Saral Jeevan Bima Yojana will be payable as

   • 100% of premiums paid till the date of Death.

   After Waiting Period of 90 days

   Upon the demise of the holder after 90 days of policy inception, the death benefit under Bharti AXA Life POS Saral Jeevan Bima Yojana will be payable as highest of the among:

   • 11 times the annualized premium
   • 105% of all premiums paid as of the date of Death
   • The absolute amount assured to be paid on Death is equal to the sum assured under the policy.
   • Sum assured on maturity, which is zero under this product.

   Death Benefit (Death due to Accident):

   In case of the demise of a life-insured due to an accident during the policy term, the total Death Benefit payable will be equal to two times the sum assured on the Death.

2. Maturity benefit

   No Maturity benefit is available under Bharti AXA Life POS Saral Jeevan Bima Yojana.

3. Tax benefit

   All the premiums paid over Bharti AXA Life POS Saral Jeevan Bima Yojana can be used as tax rebates for up to 1.5 lacs under section 80C of the Income Tax Act 1961.

Wanna know more about this Bharti AXA POS Saral Jeevan Bima Yojana?

If you have doubts or queries regarding the Bharti AXA POS Saral Jeevan Bima Yojana or need a human touch, you can contact us at the following details. A certified financial advisor from pollicyx.com will get in touch with you soon

Toll-free no: 1800-4200-269

Office address: 1st Floor, Landmark Tower, Plot no-2, South City-1, Opposite C-113, Ashok Marg, Sector-41, Gurugram - Haryana - 122001 India.

Premium Illustration of Bharti AXA POS Saral Jeevan Bima Yojana

Given below is the premium illustration of Bharti AXA POS Saral Jeevan Bima Yojana for a 30-year-old non-smoker for a policy term of 10 years with a sum assured of Rs.10 lacs.

Conclusion of Bharti AXA POS Saral Jeevan Bima Yojana

Want to know the Bharti AXA POS Saral Jeevan Bima Yojana in short? For your convenience, we are providing a short overview of the yojana. By knowing what's good here and what's lacking, you can easily decide to purchase.