Bharti AXA Life Cover Plus Linked Term Rider
(UIN:130A034V01)
(ADVT NO:II-June-2025-5681)
A Non-Linked, Non- Participating Individual Life Insurance Rider
Life changes, and so do your needs. With rising costs and big milestones like marriage, kids, or retirement, you'll want even more protection for your family. At Bharti AXA Life, we've got you covered. Presenting Bharti AXA Life Cover Plus Linked Term Rider - a simple, affordable way to boost your existing insurance. For a small extra premium, you get an added layer of financial security, so you can worry less and live more.
Reasons to Buy Bharti AXA Life Cover Plus Linked Term Rider
- Financial protection against Death:
In the event of death of life insured, the sum assured under the Rider will be paid to the policyholder/nominee. This will be in addition to the sum assured under the base policy. Once the payout is made, the rider will cease to exist. - Multiple Premium Payment terms and Policy Terms:
The rider offers single pay, limited pay and regular pay options of premium payment with a wide range of policy terms. - Tax Benefits:
As per eligibility, the tax benefits on the premiums paid are subject to the prevailing provisions under the Income Tax Act, 1961. The tax benefits are subject to change as per change in tax laws from time to time.
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Eligibility Criteria |
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Minimum age at entry |
18 years |
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Maximum age at entry |
60 years |
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Maximum age at maturity |
100 years |
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Rider Premium Payment /Policy Term |
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Minimum Sum Assured (Rs.) |
Rs 25,000/- |
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Maximum Sum Assured # (Rs.) |
No Limit. The maximum premium shall be subject to the company’s board approved underwriting policy. |
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Premium Payment Modes |
Single, Annual, Semi- annual, Quarterly* & Monthly* |
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Minimum Premium |
Based on the minimum rider sum assured. |
*Through auto pay only
#The rider premiums and the maximum rider sum assured shall comply with master circular on life insurance products (Ref: IRDAI/ACTL/MSTCIR/MISC/89/6/2024) and any subsequent changes as may be applicable. The Company shall comply with the extant regulations amended from time to time.