Bharti Axa vs Sbi Term Insurance Term Insurance 2026 | PolicyX
COMPANY DETAILS ✎ Edit

Bharti Axa

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Sbi Term Insurance

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

Annual Premiums Collected (2024-25)

₹ 2979.95 crore

Annual Premiums Collected (2024-25)

₹ 984.63 Cr
Payout Options

Payout Options

Lump sum, monthly, or a combination of both

Payout Options

Lump sum, monthly, or a combination of both
Claim ratio

Payout Options

99.18%%

Payout Options

98.56%%
Solvency Ratio

Solvency Ratio

1.67

Solvency Ratio

1.96
Pan India Presence

Pan India Presence

200

Pan India Presence

1154
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

Accidental Cover / Accidental Death Benefit Rider, Critical Illness Cover / Criti Care, Disability Cover / Accidental Total and Permanent Disability Rider, Extra Life Cover, Preferred Term Rider
Inception year

Inception year

2006

Inception year

2000
Complaint ratio per ₹1 crore of premium collected

Complaint ratio per ₹1 crore of premium collected

1.195

Complaint ratio per ₹1 crore of premium collected

0.008
Average claim settlement time

Average claim settlement time

5 working days

Average claim settlement time

30 days
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Bharti AXA Term Insurance Plans

Bharti AXA Term Insurance Plans

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Types of Bharti AXA Term Insurance Plans

Every plan currently being sold by Bharti AXA Term Insurance, shown side-by-side so you can shortlist quickly.

Bharti AXA Life Suraksha

Bharti AXA Life Suraksha is a term insurance plan offering whole-life coverage up to age 99, available with or without a return of... Read More

Unique Features

  • Cover your spouse
  • Special exit option
  • Increased sum insured
Sum AssuredEntry Age: 18 years
Entry AgeMaximum Entry Age: 65 years
View plan

Bharti AXA Grameen Jeevan Bima

The Bharti AXA Life Grameen Jeevan Bima Yojana is an affordable micro-term insurance plan, offering life cover from ₹10,000 to �... Read More

Unique Features

  • Pure Protection
  • Return of Premium
  • Tax Benefit
Sum AssuredEntry Age - 18 years
Entry AgeMax Entry Age - 60 years
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POS Saral Jeevan Bima Yojana

Bharti AXA Life POS Saral Jeevan Bima Yojana is an affordable, pure-risk term plan providing a lump sum death benefit, starting fr... Read More

Unique Features

  • Double Sum Assured
  • No Medical Examination
  • Quick Policy Issuance
Sum AssuredMinimum Entry Age: 18 years
Entry AgeMaximum Entry Age: 55 years
View plan

Bharti AXA Life Saral Jeevan Bima

Bharti AXA Life Saral Jeevan Bima is an affordable term insurance plan designed to secure a family's financial future with flexibl... Read More

Unique Features

  • Flexible Premium Payment Term
  • Special Rates for Females
  • Get Surrender Benefit
Sum AssuredEntry Age: 18 Years
Entry AgeMaximum Entry Age: 65 years
View plan

Bharti AXA Group Suraksha Policy

Bharti AXA Group Suraksha is a one-year renewable term insurance plan designed for groups of 15 or more, offering life cover witho... Read More

Unique Features

  • Affordable premiums
  • No medical examination
  • Flexible premium payment modes
Sum AssuredEntry Age: 18 years
Entry AgeMax Entry Age: 54 years
View plan

Bharti AXA Life POS Saral Bachat Yojana

Bharti AXA Life POS Saral Bachat Yojana is a term insurance plan that combines pure protection with a return of premium option, en... Read More

Unique Features

  • Return of premium
  • Affordable premiums
  • Tax benefits
Sum AssuredMinimum Entry Age: 8 years
Entry AgeMaximum Entry Age: 55 years
View plan

Bharti AXA Life Flexi Term Pro Plan

Bharti AXA Life Flexi Term Pro is a customizable term insurance plan offering whole life coverage up to age 99, available for sing... Read More

Unique Features

  • Choice of Plan Options
  • Lower Premium for Women
  • Whole Life Cover
Sum AssuredEntry Age: 18 years
Entry AgeMaximum Entry Age: 65 years
View plan

Types of SBI Term Insurance Plans

Every plan currently being sold by SBI Term Insurance, shown side-by-side so you can shortlist quickly.

SBI Life Arogya Shield Plan

SBI Life Arogya Shield is a unique combination plan, offering both health and pure term life insurance under a single policy. It p... Read More

Unique Features

  • Combination Plan
  • Hospitalization Cover
  • Discount on Premiums
Sum AssuredEntry Age - 18 Years
Entry AgeMax Entry Age - 65 Years
View plan

SBI Smart Swadhan Supreme

The SBI Smart Swadhan Supreme is a Term Return of Premium plan, offering long-term life protection with the added benefit of retur... Read More

Unique Features

  • Maturity Benefits
  • Flexible Policy Term
  • Tax Benefits under Section 80C
Sum AssuredEntry Age - 18 Years
Entry AgeMax Entry Age - 60 Years
View plan

SBI Life Saral Swadhan Supreme

SBI Life Saral Swadhan Supreme offers term insurance that provides financial security for dependents, uniquely returning 100% of a... Read More

Unique Features

  • Affordable plan
  • Return of premium option
  • Tax benefits
Sum AssuredMinimum Entry Age: 18 years
Entry AgeMaximum Entry Age: 60 years
View plan

SBI Life Smart Shield

SBI Life Smart Shield is a term insurance plan offering pure protection, with options for either a consistent Level Term Assurance... Read More

Unique Features

  • Two Plan Options
  • Premium Discounts
  • Tax Benefits
Sum AssuredEntry Age: 18 Years
Entry AgeMax Entry Age: 60 Years
View plan

SBI Life eShield Plan

SBI Life eShield is an online pure protection term insurance plan, offering financial security for families in the policyholder's ... Read More

Unique Features

  • Choose your sum assured
  • Terminal illness cover
  • Non-smoker discounts
Sum AssuredMinimum Entry Age: 18 Years
Entry AgeMaximum Entry Age: 65 Years
View plan

SBI eShield Next Plan

The SBI Life eShield Next is a flexible term insurance plan designed to adapt to changing needs, offering whole life cover up to a... Read More

Unique Features

  • Better Half Benefit
  • Three Plan Options
  • Terminal Illness Benefit
Sum AssuredEntry Age: 18 years
Entry AgeMax Entry Age: 65 years
View plan

SBI Life Grameen Bima Yojana

The SBI Life Grameen Bima Yojana is a microinsurance term plan providing financial security with easy enrollment and instant proce... Read More

Unique Features

  • Instant Processing
  • Easy Enrollment
  • Single Premium
Sum AssuredEntry Age: 18 Years
Entry AgeMaximum Entry Age: 50 Years
View plan

SBI Life Poorna Suraksha

SBI Life Poorna Suraksha is a non-linked, non-participating term insurance plan that combines life cover with financial protection... Read More

Unique Features

  • Covers 36 Critical Illnesses
  • Avail Premium Waiver
  • Avail Fixed Premium
Sum AssuredMinimum Entry Age: 18 years
Entry AgeMaximum Entry Age: 65 years
View plan

SBI Life Smart Swadhan Plus

SBI Life Smart Swadhan Plus is a return of premium term insurance plan offering financial protection with the unique benefit of re... Read More

Unique Features

  • Return of Premium Feature
  • High Sum Assured Discount
  • Life Cover Up To 75 Years
Sum AssuredMinimum Entry Age: 18 Years
Entry AgeMaximum Entry Age: 65 Years
View plan

SBI Saral Jeevan Bima

SBI Life Saral Jeevan Bima is a standard, non-linked, non-participating pure protection life insurance plan offering financial sec... Read More

Unique Features

  • Standard Plan
  • Affordable Premiums
  • Tax Benefits
Sum AssuredMinimum Entry Age: 18 Years
Entry AgeMaximum Entry Age: 60 Years
View plan

SBI Life Saral Swadhan Plus Plan

SBI Life Saral Swadhan Plus is a non-linked, non-participating life insurance plan offering a fixed life cover and guaranteed matu... Read More

Unique Features

  • Death Benefit
  • Maturity Benefit
  • Survival Benefit
Sum AssuredMinimum Entry Age: 18 years
Entry AgeMaximum Entry Age: 55 years
View plan

SBI Smart Shield Plus

The SBI Life Smart Shield Plus is a term insurance plan offering financial protection up to 100 years, with flexible options to su... Read More

Unique Features

  • Choice of Plan Options
  • Optional Better Half Benefit
  • Lower Rates for Female Lives
Sum AssuredEntry Age: 18 years; Maximum Entry Age: 65 years; Minimum Sum Assured: Rs 25 lakhs; Maximum Maturity Age: 100 years; Premium Payment Term (PPT): Regular Pay (RP)/Single Pay (SP)/Limited Pay (LP).
View plan

SBI Life Smart Platina Advantage

SBI Life Smart Platina Advantage is a specific term insurance plan offered by SBI Life. It provides crucial financial protection, ... Read More

Unique Features

  • Guaranteed Regular Income
  • Life Insurance Cover
  • Guaranteed Maturity Benefit
Sum AssuredEntry age: 3 to 60 years
Entry AgeMaximum maturity age: 75 years
View plan

Term Insurance Articles

Quick Comparison with Other Insurers

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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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