Bharti AXA Life
Group Term Insurance Plan

A Non-Linked Non-Participating One Year Renewable Group Term Life Insurance Plan

(UIN: 130N097V01)
A Non-Linked Non-Participating One Year Renewable Group Term Life Insurance Plan


Why Choose Bharti AXA Life Group Term Insurance Plan?

A comprehensive group term insurance plan, which ensures your members/customers can stay peacefully without any worry about life’s eventualities. The plan provides the flexibility of two death benefit payout options to ensure adequate financial support.

  • Low-Cost Insurance Coverage

    The plan provides insurance cover at low cost to a large group.

  • Death Benefit Payout Option

    You have the flexibility to choose Death Benefit Payout option as Lumpsum or Lumpsum plus Monthly Income. The option is available if the Master Policyholder has enabled the death benefit payout option for individual members at inception of the policy.

  • Flexible Premium Payment Mode

    Option of paying premium in single, semi - annual, quarterly or monthly modes.

  • Tax Benefits

    You can enjoy Tax benefits on the Premiums paid and pay-out benefits received. The Tax benefits fall under Income Tax Act, 1961. They are subject to change as per changes in tax laws from time to time.

Key Benefits

Low-cost Insurance

Hassle Free Insurance Coverage

Retention Tool

Flexible Premium Payment Modes

Tax Benefits**

How Does the Plan Work?


Minimum Entry Age

18 years

Maximum Entry Age

69 years

Maximum Maturity Age

70 years

Minimum Sum Assured

Rs. 5,000

Maximum Sum Assured

No Limit,
Subject to Board Approved Underwriting Policy

Policy Term

1 year

Minimum Group Size

50 members

Make Your Plan with Ease

Pick a Plan Option

Choose one of the options, as per your financial goals.

Single Life

Joint Life

Single Life

Joint Life

Insurance Jargon Explained

Maturity Benefit

It is the amount which the insurance company pays to the policy holder on the completion of the Policy Term, if the Life Insured has survived the entire duration of the Policy. This amount includes the guaranteed sum of money called as Sum Assured on Maturity and also the Accrued Bonuses, if applicable.

Group Insurance

Insurance covering a number of people under a single policy, issued to their employer with whom they are working.


The payment, or one of the regular periodic payments, that a policyholder makes to an insurer in exchange for the insurer's obligation to pay benefits upon the occurrence of the contractually-specified contingency (e.g., death).

Sum Assured

Sum assured is the amount that an insurer agrees to pay on the occurrence of a stated contingency (eg: Death).