Bajaj Saral Jeevan Bima vs Bharti Axa Saral Jeevan Bima Term Insurance Plan 2026 | PolicyX

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Bajaj Sararl Jeevan Bima is a non-linked, non-participating individual, pure-risk premium life insurance plan designed to provide financial security to the policyholder and their families. The plan offers flexibility in choosing sum assured, term, premium payment term, and payment mode. The policyholder can enjoy a good range of sum assured from 5 lakh to 25 lakh.

Bajaj Saral Jeevan Bima Plan offers you a range of benefits including:

  • Premium Flexibility 
  • Tax Benefit
  • Surrender Value
  • Additional riders to choose from
  • Death benefits
  • Choice of sum assured;

PLAN DETAILS

Bajaj Saral Jeevan Bima

Bharti Axa Saral Jeevan Bima

Premium Including GST
Key Features
(Key features of the plan)
  • Death Benefit
  • Tax Benefit
  • 25 Lakh Max Sum Assured
  • Flexible Premium Payment Term
  • Special Rates for Females
  • Get Surrender Benefit
Plan Maturity age Maximum Maturity Age - 70 years Maximum Maturity Age - 70 years
Plan Sum Assured Base sum assured: Rs 5 lakhs to 25 lakhs Basic Sum Assured: ₹5 Lakhs to ₹50 Lakhs
Plan Entry Age Minimum Age - 18 years Maximum Age - 65 years Minimum Age - 18 years Maximum Age - 65 years
Plan Payment modes Annual, half-yearly, quarterly & monthly Annual, Semi-Annual, and Monthly
Plan Policy loan The policy loan is not available under Bajaj Saral Jeevan Bima The policy loan is not available under Bharti AXA Life Saral Jeevan Bima.
Plan Sample Premium Rs 670/- per month Rs 580-/ per month
Plan Brochure Brochure URL Brochure URL
Policy Term Minimum term - 5 years Maximum term - 40 years Minimum term - 5 years Maximum term - 40 years
Claim Settlement Ratio (2024-25) 99.33% 99.18%
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* The above sample premiums are for a 30-year-old male, nonsmoker with a sum assured of Rs 50 lakhs and a policy tenure of 25 years. You can calculate the premiums for the above term insurance plans using the PolicyX Term Insurance Calculator.

Riders

Riders Associated with Bharti AXA Life Saral Jeevan Bima

You can add the following riders to your Bharti AXA Life Saral Jeevan Bima:

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.

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.

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