Bharti AXA Life Group Credit Protection Pro

All customers of the Master Policyholder who satisfy the following conditions or within the conditions defined by the Master Policy holder (MPH) will be eligible for coverage under this product.

Plan at a Glance

Parameter	Eligibility Criteria
Policy Coverage Term	The policy term for different benefit options are as follows - Type of Benefit Minimum Coverage Term Maximum Coverage Term Basic Death Benefit 1 month 30 years Accelerated Critical Illness Benefit 1 year 5 years Accelerated Terminal Illness Benefit 1 Years 30 Years Accelerated Accidental Total and Permanent Disability (ATPD) Benefit 1 Years 30 Years Accidental Death Benefit 1 Years 30 Years The Coverage term shall be consistent with loan tenure. The members shall be able to choose the coverage term lower than loan tenure as per their requirement
Minimum Premium	Based on the minimum sum assured, policy term, premium payment term, gender, age, interest rate, coverage level option and benfit option chosen.
Minimum Sum Assured (₹)	₹ 5,000
Maximum Sum Assured (₹)	Max Sum Assured shall depend on the options chosen. Type of Benefit Maximum Sum Assured Per Member Basic Death Benefit No limit, subject to the Company’s Board Approved Underwriting Policy. Accelerated Critical Illness Benefit ₹ 10,000,000 Accelerated Terminal Illness Benefit ₹ 20,000,000 Accelerated Accidental Total and Permanent Disability (ATPD) Benefit ₹ 20,000,000 Accidental Death Benefit ₹ 20,000,000
Minimum Group Size	20 Members
Moratorium Cover	1 Month - 10 Years
Type of Cover	Level Cover, Reducing Cover

*The minimum/maximum age at entry, sum assured & the coverage term will be scheme specific & shall vary as per underwriting limits based on data submitted by the master policyholder.
*In case of the life insured being a minor at the time of policy issuance, the ownership of the policy will vest in the life insured on the attainment of age 18 years as per age attained on last birthday.