Bharti Axa
vs
Bajaj Allianz Term Insurance Plan

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  • Premiums starting @Rs 15/day
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Bharti Axa vs Bajaj Allianz Term Insurance Plan

Bharti Axa

Bharti AXA started their insurance business in 2006. It is one of the leading insurance company offering wide range of insurance solutions

Bajaj Allianz Term Insurance Plan

Bajaj Allianz Term Insurance commenced its operations in 2001 and expanded its presence across the country. It serves millions of customers with versatile term plans.

COMPANY DETAILS Edit Bharti AXA Term Insurance

Bharti Axa

Edit Bajaj Allianz Term Insurance

Bajaj Allianz Term Insurance Plan

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

Annual Premiums Collected (2023-24)

2920.58 Cr

Annual Premiums Collected (2023-24)

23043.04 cr
Payout Options

Payout Options

Lump sum, monthly or a combination of both

Payout Options

Lump sum, monthly, Lump sum+monthly, Lump sum+increasing monthly payout
Claim ratio

Payout Options

99.1%

Payout Options

99.23%
Solvency Ratio

Solvency Ratio

1.6

Solvency Ratio

4.5
Pan India Presence

Pan India Presence

236

Pan India Presence

576
Riders Available

Riders Available

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

Riders Available

Waiver of Premium Benefit Rider, Family Income Benefit Rider, Accidental Death Benefit Rider, Accidental Permanent Total/Partial Disability Benefit Rider, Critical Illness Rider
Policy Term

Policy Term

5 to 50 years

Policy Term

5 to 40 years

Know More About Companies

Overview

Bharti AXA Term Insurance: Overview

Bharti AXA term insurance offers different term plans to suit your different needs: Flexi Term Pro, Life Suraksha, Saral Jeevan Bima, and Grameen Jeevan Bima Yojana. The insurer offers a range of customized best term plans that can cater to customers' needs at different stages of their life. You can get a Bharti AXA term insurance plan starting at just Rs. 751/ per month (T&Cs apply). 

What are some of the
Benefits
that set them apart?

  • Get complete protection till 99 years of age,

  • Cover your spouse under the same plan,

  • Return of total premiums paid in case of no claim,

  • Increase your sum assured at specific life stages,

  • Special premium rates for women,

  • Tax Benefits as per applicable laws,

  • Multiple policy terms and premium payment terms,

  • Get additional protection with add-on riders, etc.

 

Riders

Riders You Can Avail With Bharti AXA Term 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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Bharti AXA Term Insurance

Explore India’s best-selling Term insurance plans below

Bharti AXA started their insurance business in 2006. It is one of the leading insurance company offering wide range of insurance solutions

“A term plan- that protects against 15 major critical illnesses” Everyone loves a refund, don't you? What if we told you, you could get a ...

Unique Features

  • Joint life cover
  • Increase your life cover
  • Protect against 15 critical illness

Bharti AXA Flexi Term Plan (Pros)

Bharti AXA Flexi Term Plan
  • Joint life cover
  • Increase your life cover
  • Protection against 15 critical illness

Bharti AXA Flexi Term Plan (Cons)

Bharti AXA Flexi Term Plan
  • Suicide during the first 12 months of policy inception
  • Death occurred due to the pandemic
  • Injuries or illnesses caused due to any type of adventure sports

Bharti AXA Flexi Term Plan (Other Benefits)

Bharti AXA Flexi Term Plan
  • Flexible policy term
  • Whole life cover
  • Increasing sum assured

Bharti AXA Flexi Term Plan (Eligibility Criteria)

Bharti AXA Flexi Term Plan
  • Entry Age: Minimum Age - 18 years Maximum Age - 65 years
  • Base sum assured: 10 lakhs to 25 lakhs
  • Maximum Maturity Age - 85 years

Bharti AXA Life Suraksha is a protection plan that allows you to get whole-life coverage till 99 years. It offers 2 plan options: without the return o...

Unique Features

  • Cover your spouse
  • Special exit option
  • Increased sum insured

Bharti AXA Life Suraksha (Pros)

Bharti AXA Life Suraksha
  • Cover your spouse
  • Special exit option
  • Increased sum insured

Bharti AXA Life Suraksha (Cons)

Bharti AXA Life Suraksha
  • 1 Year WP for Suicide
  • No Policy Loans
  • Death Due to Adventure Sports

Bharti AXA Life Suraksha (Other Benefits)

Bharti AXA Life Suraksha
  • Whole Life Cover
  • Life Stage Benefit
  • Top-up Option

Bharti AXA Life Suraksha (Eligibility Criteria)

Bharti AXA Life Suraksha
  • Entry Age -18 Years
  • Max Entry Age - 65 years
  • Minimum Sum Assured - ₹5 Lakhs
  • Maximum Maturity Age - 99 years
  • Premium Payment Term - RP/SP/LP

Are you looking for an extremely inexpensive term insurance plan with short coverage? Then Bharti AXA Grameen Jeevan Bima might be the right choice fo...

Unique Features

  • Pure protection
  • Return of premium
  • Tax benefit

Bharti AXA Grameen Jeevan Bima (Pros)

Bharti AXA Grameen Jeevan Bima
  • Pure protection
  • Return of premium
  • Tax benefit

Bharti AXA Grameen Jeevan Bima (Cons)

Bharti AXA Grameen Jeevan Bima
  • 1 Year WP for Suicide
  • No Policy Loans
  • Death Due to Adventure Sports

Bharti AXA Grameen Jeevan Bima (Other Benefits)

Bharti AXA Grameen Jeevan Bima
  • Advance Premium Option
  • Choice of Plan Options
  • Return of Premium Benefit

Bharti AXA Grameen Jeevan Bima (Eligibility Criteria)

Bharti AXA Grameen Jeevan Bima
  • Entry Age -18 Years
  • Max Entry Age - 60 years
  • Minimum Sum Assured - ₹10 Thousands
  • Maximum Maturity Age - 65 years
  • Premium Payment Term - RP/SP

Bharti AXA Life POS Saral Jeevan Bima Yojana is a non-linked, non-participating, individual, pure-risk premium life insurance plan that offers lump su...

Unique Features

  • Double Sum Assured
  • No medical examination
  • Quick policy issuance

POS Saral Jeevan Bima Yojana (Pros)

POS Saral Jeevan Bima Yojana
  • Double Sum Assured
  • No Medical Examination
  • Quick Policy Issuance

POS Saral Jeevan Bima Yojana (Cons)

POS Saral Jeevan Bima Yojana
  • 1 Year WP for Suicide
  • No Policy Loans
  • No Maturity Benefits

POS Saral Jeevan Bima Yojana (Other Benefits)

POS Saral Jeevan Bima Yojana
  • Death Benefit
  • Advance Premium
  • Online Discount

POS Saral Jeevan Bima Yojana (Eligibility Criteria)

POS Saral Jeevan Bima Yojana
  • Entry Age -18 Years
  • Max Entry Age - 55 years
  • Minimum Sum Assured - ₹50 Thousands
  • Maximum Maturity Age - 65 years
  • Premium Payment Term - RP

Uncertainties are inescapable, but you can make sure your family's goals remain undisturbed, irrespective of the circumstances, with a Bharti AXA Life...

Unique Features

  • Flexible Premium Payment Term
  • Special Rates for Females
  • Get Surrender Benefit

Bharti AXA Life Saral Jeevan Bima (Pros)

Bharti AXA Life Saral Jeevan Bima
  • Flexible Premium Payment Term
  • Special Rates for Females
  • Get Surrender Benefit

Bharti AXA Life Saral Jeevan Bima (Cons)

Bharti AXA Life Saral Jeevan Bima
  • 1 Year WP for Suicide
  • No Policy Loans
  • No Maturity Benefits

Bharti AXA Life Saral Jeevan Bima (Other Benefits)

Bharti AXA Life Saral Jeevan Bima
  • Advance Premium Option
  • Add-on Riders
  • Optional Accidental Cover

Bharti AXA Life Saral Jeevan Bima (Eligibility Criteria)

Bharti AXA Life Saral Jeevan Bima
  • Entry Age -18 Years
  • Max Entry Age - 65 years
  • Minimum Sum Assured - ₹5 Lakhs
  • Maximum Maturity Age - 70 years
  • Premium Payment Term - RP/SP/LP

Are you looking for a term plan that covers a group of people, is simple, and has simple and low-cost premiums? If yes, then today we have a term plan...

Unique Features

  • Affordable premiums
  • No Medical examination
  • Flexible-Premium Paying Modes

Bharti AXA Group Suraksha Policy (Pros)

Bharti AXA Group Suraksha Policy
  • Affordable premiums
  • No Medical examination
  • Flexible-Premium Paying modes

Bharti AXA Group Suraksha Policy (Cons)

Bharti AXA Group Suraksha Policy
  • 1 Year WP for Suicide
  • No Policy Loans
  • No Survival Benefits

Bharti AXA Group Suraksha Policy (Other Benefits)

Bharti AXA Group Suraksha Policy
  • One Year Renewable
  • No Medical Requirement
  • Death Benefit

Bharti AXA Group Suraksha Policy (Eligibility Criteria)

Bharti AXA Group Suraksha Policy
  • Entry Age -18 Years
  • Max Entry Age - 54 years
  • Minimum Sum Assured - ₹5 Thousands
  • Maximum Maturity Age - Annual Renewal
  • Premium Payment Term - RP

Are you looking to save for the future and protect your loved ones? Then Bharti AXA POS Saral Bachat Yojana might be perfect for you! A term insurance...

Unique Features

  • Return of premium
  • Affordable premiums
  • Tax benefits

Bharti AXA Life POS Saral Bachat Yojana (Pros)

Bharti AXA Life POS Saral Bachat Yojana
  • Return of premium
  • Affordable premiums
  • Tax benefits

Bharti AXA Life POS Saral Bachat Yojana (Cons)

Bharti AXA Life POS Saral Bachat Yojana
  • 1 Year WP for Suicide
  • No Policy Loans
  • Death Due to Adventure Sports

Bharti AXA Life POS Saral Bachat Yojana (Other Benefits)

Bharti AXA Life POS Saral Bachat Yojana
  • Maturity Benefit
  • In-built Accidental Cover
  • Flexible-Premium Payment Terms

Bharti AXA Life POS Saral Bachat Yojana (Eligibility Criteria)

Bharti AXA Life POS Saral Bachat Yojana
  • Entry Age -8 Years
  • Max Entry Age - 55 years
  • Minimum Sum Assured - ₹40 Thousands
  • Maximum Maturity Age - 60 years
  • Premium Payment Term - RP/LP

Bharti AXA Life Flexi Term Pro is a comprehensive and best term insurance plan that can be customized as per your needs. It offers two plan options an...

Unique Features

  • Choice of Plan Options
  • Lower Premium for Women
  • Whole Life Cover

Bharti AXA Life Flexi Term Pro Plan (Pros)

Bharti AXA Life Flexi Term Pro Plan
  • Choice of Plan Options
  • Lower Premium for Women
  • Whole Life Cover

Bharti AXA Life Flexi Term Pro Plan (Cons)

Bharti AXA Life Flexi Term Pro Plan
  • No Policy Loan
  • No Health Benefits
  • Suicide Clause

Bharti AXA Life Flexi Term Pro Plan (Other Benefits)

Bharti AXA Life Flexi Term Pro Plan
  • Life Stage Benefit
  • Joint Life Cover
  • Return of Premium

Bharti AXA Life Flexi Term Pro Plan (Eligibility Criteria)

Bharti AXA Life Flexi Term Pro Plan
  • Entry Age -18 Years
  • Max Entry Age - 65 years
  • Minimum Sum Assured - ₹25 Lakhs
  • Maximum Maturity Age - 99 years
  • Premium Payment Term - RP/SP/LP

Bajaj Allianz Term Insurance

Explore India’s best-selling Term insurance plans below

Bajaj Allianz Term Insurance commenced its operations in 2001 and expanded its presence across the country. It serves millions of customers with versatile term plans.

Bajaj Allianz e-touch is a pure term insurance plan safeguarding you and your loved ones from unforeseen circumstances. The plan is equipped to manage...

Unique Features

  • High SI Available
  • Accidental Death Benefit
  • Health Management Services

Bajaj Allianz Life e-Touch (Pros)

Bajaj Allianz Life e-Touch
  • Shield
  • Shied Plus
  • Shield Supreme

Bajaj Allianz Life e-Touch (Cons)

Bajaj Allianz Life e-Touch
  • No Loans Allowed
  • No Surrender Benefit
  • No Maturity Benefit

Bajaj Allianz Life e-Touch (Other Benefits)

Bajaj Allianz Life e-Touch
  • Max Sum Assured 2 Cr
  • Sheild Super
  • High Sum Assured Rebate (HSAR)

Bajaj Allianz Life e-Touch (Eligibility Criteria)

Bajaj Allianz Life e-Touch
  • Entry Age -18 Years
  • Max Entry Age- 65 Years
  • Minimum Sum Assured - 50 L
  • Maximum Maturity Age - 75 Yrs
  • Premium Payment Term - 10 to 40 Yrs

Bajaj Allianz iSecure is a non-linked, non-participating plan that offers an advanced level of term insurance coverage at a low cost. The plan offers ...

Unique Features

  • 105% Death Benefit
  • Rider Benefit
  • 50 lakhs Max Sum Assured

Bajaj Allianz iSecure (Pros)

Bajaj Allianz iSecure
  • No Suicide Cover
  • Healthy Lifestyle Incentives
  • Customizable Options

Bajaj Allianz iSecure (Cons)

Bajaj Allianz iSecure
  • No Maturity Benefit
  • Limited Rider Options
  • Limited Availability for POS Channel

Bajaj Allianz iSecure (Other Benefits)

Bajaj Allianz iSecure
  • Tax Benefits
  • Premium Payment Options
  • High Sum Assured Rebate (HSAR)

Bajaj Allianz iSecure (Eligibility Criteria)

Bajaj Allianz iSecure
  • Entry Age -18 Years
  • Max Entry Age- 65 Years
  • Minimum Sum Assured - 2.5 L
  • Maximum Maturity Age - 85 Yrs
  • Premium Payment Term - 10 to 25 Yrs

Bajaj Allianz Life Secure is an advanced term insurance plan that offers protection till your 100th birthday. This plan is a non-linked and non-partic...

Unique Features

  • 3 Plan Options
  • Critical Illness Benefit
  • Waiver Of Premium

Bajaj Allianz Life Secure (Pros)

Bajaj Allianz Life Secure
  • Surrender Benefit
  • Suicide Cover
  • Choose your Sum Assured

Bajaj Allianz Life Secure (Cons)

Bajaj Allianz Life Secure
  • No Survival Benefit
  • No Thyroid Cancer Cover
  • No Maturity Benefit

Bajaj Allianz Life Secure (Other Benefits)

Bajaj Allianz Life Secure
  • Death Benefit
  • Accelerated Critical Illness
  • Waiver of premium Benefit

Bajaj Allianz Life Secure (Eligibility Criteria)

Bajaj Allianz Life Secure
  • Entry Age -18 Years
  • Max Entry Age- 65 Years
  • Minimum Sum Assured - 20 L
  • Maximum Maturity Age - NA
  • Premium Payment Term - 5 7 10 and 15 years

Bajaj Allianz Sararl Jeevan Bima is a non-linked, non-participating individual, pure-risk premium life insurance plan designed to provide financial se...

Unique Features

  • Death Benefit
  • Tax Benefit
  • 25 Lakh Max Sum Assured

Bajaj Allianz Saral Jeevan Bima (Pros)

Bajaj Allianz Saral Jeevan Bima
  • Spouse Cover
  • Max Sum Assured 25 Lakh
  • Available for Online Buying

Bajaj Allianz Saral Jeevan Bima (Cons)

Bajaj Allianz Saral Jeevan Bima
  • No Survival Benefit
  • No Surrender Benefit
  • No Maturity Benefit

Bajaj Allianz Saral Jeevan Bima (Other Benefits)

Bajaj Allianz Saral Jeevan Bima
  • Avail Tax Benefits
  • Easy Claim Settlement Process
  • Flexible-Premium Payment term

Bajaj Allianz Saral Jeevan Bima (Eligibility Criteria)

Bajaj Allianz Saral Jeevan Bima
  • 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)

Bajaj Allianz iSecure Loan is a pure protection loan cover term life insurance plan. With a flexible policy term and a minimum sum assured of 3 lacs, ...

Unique Features

  • Protection against loan
  • Joint life cover
  • Rider benefits

Bajaj Allianz iSecure Loan (Pros)

Bajaj Allianz iSecure Loan
  • Suicide Cover
  • Tax benefits
  • Policy Revival within 5 Years

Bajaj Allianz iSecure Loan (Cons)

Bajaj Allianz iSecure Loan
  • No Survival Benefit
  • No Surrender Benefit
  • No Discount Benefit

Bajaj Allianz iSecure Loan (Other Benefits)

Bajaj Allianz iSecure Loan
  • Accidental Death Benefit Rider
  • Waiver of Premium Benefit Rider
  • Accidental Permanent Total/Partial Disability Rider

Bajaj Allianz iSecure Loan (Eligibility Criteria)

Bajaj Allianz iSecure Loan
  • Entry Age -25 Years
  • Max Entry Age- 60 Years
  • Minimum Sum Assured - 3 L
  • Maximum Maturity Age - 65 Yrs
  • Premium Payment Term - 10/ 15/ 20/ 25 years

Most Indians consider insurance an unnecessary expense because they're not sure whether to get life insurance or health insurance. What if we told you...

Unique Features

  • Level Cover Term
  • Terminal Illness Cover
  • Flexible-Premium Payment Term

Bajaj Allianz Lifestyle Secure Plan (Pros)

Bajaj Allianz Lifestyle Secure Plan
  • Family Cover
  • Choose your Policy Term (PT)
  • Inbuilt Accelerated Terminal Illness

Bajaj Allianz Lifestyle Secure Plan (Cons)

Bajaj Allianz Lifestyle Secure Plan
  • No Loans Allowed
  • No Surrender Benefit
  • No Maturity Benefit

Bajaj Allianz Lifestyle Secure Plan (Other Benefits)

Bajaj Allianz Lifestyle Secure Plan
  • Suicide Cover
  • Easy Claim Settlement
  • Policy revival Within 5 Years

Bajaj Allianz Lifestyle Secure Plan (Eligibility Criteria)

Bajaj Allianz Lifestyle Secure Plan
  • Entry Age -18 Years
  • Max Entry Age- 50 Years
  • Minimum Sum Assured - 3L
  • Maximum Maturity Age - 60 Years
  • Premium Payment Term - 5/ 7/ 10/ 15/ 20 Yrs

Bajaj Allianz Life Smart Goal Protect is a comprehensive insurance plan that offers multiple benefits. An economic plan with affordable premium rates,...

Unique Features

  • Critical illnesses covered
  • Return of Premiums
  • 4 Plan variants

Bajaj Allianz Life Smart Protect Goal (Pros)

Bajaj Allianz Life Smart Protect Goal
  • Critical Illness Benefit
  • Accidental Death Benefit (ADB)
  • Accidental Total Permanent Disability Benefit

Bajaj Allianz Life Smart Protect Goal (Cons)

Bajaj Allianz Life Smart Protect Goal
  • No Loans Allowed
  • 180 Days WP For Critical Illness
  • No Rebate for SA above 3 cr

Bajaj Allianz Life Smart Protect Goal (Other Benefits)

Bajaj Allianz Life Smart Protect Goal
  • Suicide Cover After 12 Months
  • Female Life Rebate
  • High Sum Assured Rebate (HSAR)

Bajaj Allianz Life Smart Protect Goal (Eligibility Criteria)

Bajaj Allianz Life Smart Protect Goal
  • Entry Age -18 Years
  • Max Entry Age- 65 Years
  • Min Sum Assured - 5 L
  • Max Maturity Age - 75 Yrs(ROP)
  • Premium Payment Term - RP/SP/LP

Bajaj Allianz Life Diabetic Term Plan Sub 8 HbA1c is a unique protection plan offering term insurance coverage to pre-diabetics and type 2 diabetic in...

Unique Features

  • Keep Fit Benefit
  • Health Coaching
  • Second Medical Opinion

Bajaj Allianz Diabetic Term (Pros)

Bajaj Allianz Diabetic Term
  • Premium Reduction on Renewal
  • Good Health Premium Discounts
  • Health Management Services.

Bajaj Allianz Diabetic Term (Cons)

Bajaj Allianz Diabetic Term
  • No Maturity Benefit
  • No Surrender Value
  • Limited Coverage With Hba1c Level Above 8%

Bajaj Allianz Diabetic Term (Other Benefits)

Bajaj Allianz Diabetic Term
  • Tax Benefits Available
  • Flexible Sum Assured Options
  • Multiple Premium Payment Frequencies

Bajaj Allianz Diabetic Term (Eligibility Criteria)

Bajaj Allianz Diabetic Term
  • Entry Age -30 Years
  • Max Entry Age- 6 Years
  • Minimum Sum Assured - 25 L
  • Maximum Maturity Age - 75 Yrs
  • Premium Payment Term - LP

Bajaj Allianz iSecure More by Bajaj Allianz Life Insurance is an increasing cover term assurance plan. It offers a financial safety net to your loved ...

Unique Features

  • Flexible Policy Tenure
  • Option to Avail Joint Life Cover
  • High Sum Assured Rebate

Bajaj Allianz iSecure More (Pros)

Bajaj Allianz iSecure More
  • 7 Plan Options
  • Cover Continuance Benefit
  • Inbuilt Terminal Illness Cover

Bajaj Allianz iSecure More (Cons)

Bajaj Allianz iSecure More
  • 1 year WP for suicide
  • No policy loan
  • No whole life coverage

Bajaj Allianz iSecure More (Other Benefits)

Bajaj Allianz iSecure More
  • Death Benefits
  • Increasing Sum Assured
  • Tax Rebates

Bajaj Allianz iSecure More (Eligibility Criteria)

Bajaj Allianz iSecure More
  • Entry age - 18 years
  • Max entry age - 60 years
  • Min sum assured - Rs 2.5 lakhs
  • Max maturity age - 70 years
  • PPT - Same as policy term

‘A woman who takes care of everyone in the family deserves a comprehensive solution that provides her protection.’ Bajaj Allianz Superwoma...

Unique Features

  • Critical Illness Cover
  • Free Health Management Services
  • Child Care Benefit

Bajaj Allianz Superwoman (Pros)

Bajaj Allianz Superwoman
  • Critical Illness Cover
  • Free Health Management Services
  • Child Care Benefit

Bajaj Allianz Superwoman (Cons)

Bajaj Allianz Superwoman
  • 1 year waiting period for suicide
  • No policy loan
  • No pre-existing illness cover

Bajaj Allianz Superwoman (Other Benefits)

Bajaj Allianz Superwoman
  • Death Benefits
  • Terminal Illness
  • Benefit Waiver of Premium

Bajaj Allianz Superwoman (Eligibility Criteria)

Bajaj Allianz Superwoman
  • Entry age - 18 years
  • Max entry age - 60 years
  • Min sum assured - Rs 50 lakhs
  • Max maturity age - 99 years
  • PPT - RP/SP/LP
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.