Bharti AXA Life Saral Jeevan Bima
  • Multiple Policy Terms
  • Flexible-Premium Payment Option
  • Special Rates for Females
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Bharti AXA Saral Jeevan Bima

As an average middle class, we all have certain goals to complete such as a child's education, marriage, paying off debts or planning our retirements. Sometimes it seems difficult to plan for our family's future for any emergencies right?

But not anymore! Because, today we have got you a term plan, named Bharti AXA Saral Jeevan Bima that not only provides you higher sum assured but also comes with affordable premiums.

Bharti AXA Saral Jeevan Bima is a pure protection, non-linked, life insurance plan that comes with 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.

In this article, we will discuss all about Bharti AXA Saral Jeevan Bima.

Bharti AXA Saral Jeevan Bima: Eligibility criteria

Parameters Specifications
Entry Age Min - 18 years
Max - 65 years
Maturity Age 70 years
Policy Term Min - 5 years
Max - 40 years
Premium Paying Term Single Pay/Regular Pay/Limited Pay(5 Years)/Limited Pay (10 Years)
Sum Assured Min - 5 lacs
Max - 50 lacs
Multiples of 50,000 only.
Premium Payment Modes Annual, semi-annual & monthly
Policy loan Not Available

What are the benefits available under Bharti Axa Saral Jeevan Bima?

Below is the list of following benefits available under Bharti Axa Saral Jeevan Bima:

  1. Death Benefit

    Upon the unfortunate demise of the policyholder, Bharti AXA Saral Jeevan Bima will pay the death benefit among the highest of the following:

    For regular premium modes:

    • 10 times the annualized premiums.
    • 105% of all premiums paid as of the date of death.
    • The absolute amount assured to be paid on death.

    For Single premium modes:

    • 125% of single Premium.
    • Absolute amount assured to be paid on death.
  2. Tax Benefits

    All the premiums paid for Bharti Axa Saral Jeevan Bima can be used for tax rebates up to 1.5 lacs under section 80C of Income Tax Act, 1961.

  3. Multiple combinations of Policy Terms and Premium Payment Terms

    Bharti AXA Saral Jeevan Bima offers the flexibility to choose your own policy term and premium payment term to suit your needs:

    Below is the illustration of policy terms and premium payment terms available:

    Premium Payment Option Minimum Policy Term Maximum Policy Term
    Single Pay 5 years 40 years
    Limited Pay 5 years (PPT – 6 years)
    10 years (PPT – 11 years)
    Regular Pay 5 years

Riders Available With Bharti AXA Life Saral Jeevan Bima

Following are the two riders available in Bharti Axa Saral Jeevan Bima:

  1. Bharti AXA Life Accidental Death Benefit rider

    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.

  2. Bharti AXA Life Accidental Total and Permanent Disability Rider

    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.

Premium Illustration of Bharti AXA Saral Jeevan Bima

Below is the premium illustration of a 30-year-old male, a non-smoker, for a policy and premium paying term of 10 years with a sum assured of 25 lacs.

Age Premium Paying Term Policy Term Sum Assured Premium Amount (Monthly)
30 years 10 years 10 years 25 lacs Rs. 602/-

Exclusions of Bharti Axa Saral Jeevan Bima

Given below are some exclusions of Bharti Axa Saral Jeevan Bima:

  • Suicide within 12 months of policy inception.
  • Consumption of any type of intoxicants.
  • Death due to any aviation accident.
  • Death due to any adventurous sports.

Wanna know more about the Bharti Axa Saral Jeevan Bima?

If you have doubts or queries regarding the Bharti Axa Saral Jeevan Bima plan or need assistance, you can contact us at the following details. A certified financial advisor from policyx.com will get in touch with you.

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.

Explore Other Bharti AXA Life Term Insurance Plans

To secure your family's needs, Bharti AXA Life Term Insurance offers 7 term insurance plans, from which you can choose a well-suited plan for yourself:

The plan offers a lump sum or monthly income to the family upon the policyholder's demise, with guaranteed payouts of up to 150% and tax benefits.

Unique Features

  • 100% to 150% of total premium
  • Death Benefits
  • Special Surrender Benefit

Flexi Term Pro (Pros)

  • Maturity Benefit
  • Loans Are Allowed
  • Guaranteed Monthly Income

Flexi Term Pro (Cons)

  • 1 Yr WP For Suicide
  • Unpaid Policy Lapses
  • Limited Revival Period

Flexi Term Pro (Other Benefits)

  • Easy Enrollment
  • Life Cover For Policy Term
  • Flexible-Premium Payment Modes

Flexi Term Pro (Eligibility Criteria)

  • Entry Age -18 Years
  • Max Entry Age- 65 Years
  • Minimum Sum Assured - NA
  • Maximum Maturity Age - 75 Years
  • Premium Payment Term - 5 To 20 Yrs

Bharti AXA Saral Jeevan Bima

Non-Linked Non-Participating term insurance plan with a double sum assured on death due to accident and tax benefits.

Unique Features

  • Flexible policy term
  • Rider benefit
  • Discounts for women

Saral Jeevan Bima (Pros)

  • Available for Online Buying
  • Choose to pay Premium Once
  • Max Sum Assured 50L

Saral Jeevan Bima (Cons)

  • No Survival Benefit
  • No Maturity Benefit
  • No Surrender Benefit

Saral Jeevan Bima (Other Benefits)

  • Suicide Cover
  • Spouse Cover
  • Policy Revival Within 5 Years

Saral Jeevan Bima (Eligibility Criteria)

  • Entry Age -18 Years
  • Max Entry Age- 65 Years
  • Minimum Sum Assured - 5L
  • Maximum Maturity Age - NA
  • Premium Payment Term - RP/SP/LP(5&10 Years)

Bharti AXA Flexi Term Plan

An individual pure risk premium plan that covers critical illness at the age of 75 and comes with2 cover options.

Unique Features

  • 75 CI covered
  • Comprehensive cover
  • Major illness cover

Flexi Term Plan (Pros)

  • Cancer of Specified Severity Cover
  • Flexibility for Coverage Period
  • 105 % Death Benefit

Flexi Term Plan (Cons)

  • No Survival Benefit
  • No Maturity Benefit
  • No Surrender Benefit

Flexi Term Plan (Other Benefits)

  • Suicide Cover
  • Waiver of Premium on CI
  • Multiple Death Benefit Payout Options

Flexi Term Plan (Eligibility Criteria)

  • Entry Age -18 Years
  • Max Entry Age- 65 Years
  • Minimum Sum Assured - 10L
  • Maximum Maturity Age - 85 Yrs
  • Premium Payment Term - Fixed (5 & 20 Yrs)

Bharti AXA Grameen Jeevan Bima Yojana

Non-Linked Non-Participating Life Term Micro Insurance Plan. It offers flexibility to opt 2 plan options and tax benefits.

Unique Features

  • Pure protection plan
  • Protection with ROP
  • Tax benefits

Grameen Jeevan Bima Yojana (Pros)

  • Loans Are Allowed
  • Surrender Benefit
  • Rider Benefit

Grameen Jeevan Bima Yojana (Cons)

  • No HIV Cover
  • No Discount Available
  • 1 Yr Waiting Period For Suicide

Grameen Jeevan Bima Yojana (Other Benefits)

  • Death Benefit
  • Max Sum Assured 2L
  • Policy Can Be Bought Online

Grameen Jeevan Bima Yojana (Eligibility Criteria)

  • Entry Age -18 Years
  • Max Entry Age- 65 Years
  • Minimum Sum Assured - 10K
  • Maximum Maturity Age - 65 Yrs
  • Premium Payment Term - RP/SP

Bharti AXA Life Smart Jeevan

A plan that offers affordable premiums and 100% return of premiums paid till the end of Policy Term as maturity benefit.

Unique Features

  • Tax Benefits
  • Maturity benefits available
  • Affordable premiums

Bharti AXA POS Saral Jeevan Bima Yojana

Non-Linked Non-Participating term insurance policy provides double the sum assured on death due to an accident.

Unique Features

  • Flexible policy term
  • No medical test required
  • Tax benefits

POS Saral Jeevan Bima Yojana (Pros)

  • Available for Online Buying
  • Choose to pay Premium Once
  • Max Sum Assured 50L

POS Saral Jeevan Bima Yojana (Cons)

  • No Survival Benefit
  • No Maturity Benefit
  • No Surrender Benefit

POS Saral Jeevan Bima Yojana (Other Benefits)

  • Suicide Cover
  • Spouse Cover
  • Policy Revival Within 5 Years

POS Saral Jeevan Bima Yojana (Eligibility Criteria)

  • Entry Age -18 Years
  • Max Entry Age- 65 Years
  • Minimum Sum Assured - 5 L
  • Maximum Maturity Age - NA
  • Premium Payment Term - RP/SP/LP(5&10 Years)

Bharti AXA Life Income Protection Plan

A plan that guarantees an annual pre-planned income and 2 death benefit options available.

Unique Features

  • Maturity benefits available
  • 2 death benefit options
  • Avail survival benefit

Bharti AXA Saral Jeevan Bima Term Plan: FAQ's

1. What is the minimum eligibility age for purchasing Bharti AXA Saral Jeevan Bima?

The minimum age to purchase Bharti AXA Saral Jeevan Bima is 18 years.

2. How much grace period is available in Bharti AXA Saral Jeevan Bima?

A 30-day interest-free grace period is available to repay the premium amount even after the due date.

3. Can I opt for tax benefits for the premium paid for Bharti AXA Saral Jeevan Bima?

Yes, you can opt for tax benefits up to 1.5 lacs under section 80C of Income Tax 1961.

4. How many premium paying modes are available in Bharti AXA Saral Jeevan Bima?

You can pay your premium annually, semi-annually, or monthly for this plan.

5. What is the maturity age of Bharti AXA Saral Jeevan Bima?

The maturity age under Bharti AXA Saral Jeevan Bima is 70 years.

6. What is the best term plan in the Saral Jeevan category?

The Bharti AXA Saral Jeevan Bima is the best term plan available in the Saral Jeevan Category.

7. How many riders are available in Bharti AXA Saral Jeevan Bima?

There are two types of riders available under Bharti AXA Saral Jeevan Bima:

  • Bharti AXA Life Accidental Death Benefit rider.
  • Bharti AXA Life Accidental Total and Permanent Disability Rider.

Other Term Insurance Companies

Bharti Axa Life Insurance Reviews

Read what our customers have to say about Bharti AXA term insurance company

Customer Review Image

Digambar

Bhopal

May 10, 2024

I was looking for a term plan to secure my family& 039;s future. So I contacted PolicyX and they helped me compare various term plans. So I choose Bharti Axa term plan.

Customer Review Image

Akshay Khaana

Mumbai

May 10, 2024

Mr. Suresh from PolicyX helped me get my Bharti AXA term plan approved after it was initially rejected.

Customer Review Image

Luvkant

Pune

May 10, 2024

I wanted to buy life insurance policy. So I contacted Bharti Axa Life Insurance. They helped me compare and choose the plan that is suitable for me.

Customer Review Image

Govind kumar

Bhopal

May 10, 2024

I have purchased Bharti Axa life insurance from policyx.com overall, the experience was good and satisfactory.

Customer Review Image

Vidit

Pune

March 14, 2024

I Purchased a Bharti Axa life insurance policy on 2 Jan 24 from policyx.com; the overall experience was excellent for everyone.

Customer Review Image

Vipul Bhardwaj

Coimbatore

June 9, 2022

Bharti AXA is a good life insurance company, and I am sure if something ha[opens to me, the company will look after my family s needs.

Customer Review Image

K V Sharma

Kolkata

October 6, 2021

decent company overall...took time to explain everything and listened attentively! found it impressive and bought a term plan within a day!

Customer Review Image

Tanesh G

Pune

October 6, 2021

help ke liye thanks a lot to team bharti! you are a good help and I will soon buy another cover from them! Recommended!

View All Bharti Axa Life Insurance Reviews

Varun Saxena

Written By: Varun Saxena

Varun is a passionate content writer with over three years of experience in the insurance domain. An avid learner, he stays ahead of the industry's trends ensuring his writing remains fresh and includes the latest insurance shifts. Through his work, Varun strives to engage with targeted insurance readers.