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Bharti AXA Life Group Term Insurance Plan

(UIN:130N097V01)

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.

4 Reasons to Buy

  • 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 modes: 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 change in tax laws from time to time.

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