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.
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.
Hassle Free Insurance Coverage
Flexible Premium Payment Modes
How Does the Plan Work?
Make Your Plan with Ease
Pick a Plan Option
Choose one of the options, as per your financial goals.
Insurance Jargon Explained
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.
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 is the amount that an insurer agrees to pay on the occurrence of a stated contingency (eg: Death).