Everybody wants financial security for their family in case of any unexpected event. The best way to safeguard the future of your family is through financial planning.
Life insurance policy is the key to a successful financial planning. It financially supports your loved ones in case of your untimely demise. There are a number of insurance companies that sell life insurance plans to take care of the various needs of the customers.
Bharti Axa Life Insurance is one of the most popular insurance providers in India. Let us discuss the life insurance plans offered by the company.
Bharti Axa Life eProtect
This is an online term plan that offers comprehensive life cover at affordable premium rates. The features and benefits of this plan offered by Bharti Axa Life Insurance are as follows:
Features
- Policy Term : 10 , 15 , 20 , 25 , 30 , To Age 60, To age 65 , To age 70 , To age 75 (years)
- Minimum entry age: 18 years (40 years for To Age 70 and To Age 75)
- Minimum Sum assured : 2,50,00,000
- Premium paying frequencies: Annual / semi-annual
Benefits
- Life insurance benefit: The sum assured is payable to the nominee in case of the policy holder’s death before the completion of the policy term.
- Family Care Benefit: The Company pays Rs. 1, 00,000 within 48 hours of the policy holder’s death.
- Special discounted premium rates for non-smokers.
- Tax benefits are available.
- You can buy this life insurance policy online.
- 2 riders are available with this plan:
- Bharti AXA Life Accidental Death Benefit Rider
- Bharti AXA Life Hospital Cash Rider
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Bharti Axa Life eProtect
This is a term plan offered by Bharti Axa Life Insurance. The premium rates are quite affordable and it offers flexible payout options. The features and benefits of this life insurance policy are as follows:
Features
- Policy Term : 10, 15, 20, 25, 30, To Age 60, To Age 65, To Age 70 and To Age 75 (years)
- Minimum Entry Age: 18 Years ( 30 Years for To Age 70 and To Age 75)
- Minimum Sum Assured : 32,00,000/-
- Premium payment frequencies : Annual / Semi-annual
Benefits
- Life Insurance benefit: The sum assured is payable to the nominee in case of the unfortunate death of the life insured.
- This life insurance policy can be purchased online.
- Tax Benefits are available.
- You can choose from 2 payout options:
- Monthly income for 15 years
- 50% of the sum assured is paid immediately on the policyholder’s death. The remaining 50% is paid out annually in increasing instalments for 10 years.
Bharti Axa Life elite Secure
This is a pure term plan offered by Bharti Axa Life Insurance. This plan provides substantial life coverage up to the age of 75 years. Following are the features and benefits of this life insurance policy:
Features
- Policy term : 5, 10, 15, 20, 25 years To Age 75 years
- Minimum entry Age : 18 years
- Maximum Entry Age : 75 years (70 years for the policy term of 5 years)
- Minimum sum assured : 25,00,000 /-
- Premium paying frequencies: Annual / Semi-annual/ quarterly/ monthly
Benefits
- Life Insurance benefit: This is the sum assured that is paid on the unfortunate death of the policy holder.
- Tax Benefits are available with the plan.
- Following riders are available with this life insurance policy:
- Bharti AXA Life Accidental Death Benefit Rider
- Bharti AXA Life Hospital Cash Rider
These are the three Protections plans offered by Bharti Axa Life Insurance Company. Always visit online policy comparison portals before buying a life insurance policy.
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