Why Choose Bharti AXA Life Flexi Term Pro
It’s a term plan that you can customise according to your needs and life stage. Choose from a range of features that meet your requirements and make your term insurance work best for you.
The Plan Offers Two Options
Without Return of Premium and With Return of Premium
Coverage for Joint/Single Life
Under the Without Return of Premium variant, you have the option between Single Life cover or Joint Life Cover i.e., cover for your spouse under the same policy.
Flexibility in Policy and Premium Payment Terms
This product offers you the option to choose from multiple Policy terms and Premium Payments terms, offering the opportunity to customize the plan to suit your needs.
Whole Life Cover
Option to cover yourself for your entire lifetime, by opting for cover up to 99 years.
Increased Sum Assured
You have an option to increase your life coverage as per your increasing life stage requirements.
Range of Choices
Maturity Benefit -Only for Return of Premium Option
How Does the Plan Work?
These illustrative life scenarios can help you understand how this life insurance plan works.
Make your plan with ease
Pick a plan option
Select a plan option according to your needs.
Without Return of Premium
Option to choose single life cover or joint life cover
With Return of Premium
Lumpsum payout at maturity
Under Without Return of Premium variant you have the option to opt for single life cover or Joint Life Cover (cover for spouse under the same policy).
By choosing this option, on survival you can get a lumpsum payout at the end of your policy term (maturity). The payout will be equivalent to the product of your annual premium amount and policy term duration.
Now, add a rider
You can strengthen your Bharti AXA Life Flexi Term Pro by adding a rider. However, please note that riders are not mandatory and are available at an additional cost.
Bharti AXA Life Hospi Cash Rider (UIN: 130B007V04):
This rider allows payment of a fixed benefit for each day of hospitalization subject to maximum of 40 days per year and also provides lump sum benefit in case of surgery
Bharti AXA Life Premium Waiver Rider (UIN: 130B005V04):
Under this rider, in case the Life Insured is diagnosed from any of the 11 critical illnesses covered under the rider, the future premiums are waived off and the benefits under the policy will continue.
Your Questions Answered
How much term insurance cover do you need?
A term insurance cover must generally be 15-20 times of your annual income. The expert recommended formula for this is that if your annual income is Rs. 6 lakhs, you must purchase a cover for minimum Rs. 90 lakhs to Rs. 1.20 crore.
How much should be the Term Insurance policy period?
Term insurance policy period must be decided by considering and assessing your individual and familial situation and requirements, including your age and health, family members’ age and health conditions, liabilities, assets, future goals, etc.
What should be the tenure of a term plan?
What Bharti AXA stands for
Bharti AXA Life Flexi Term Pro
Add Bharti AXA Life Flexi Term Pro- One Year Term Plan Option to Your Subscription List
Look No Further With Bharti AXA Life Flexi Term Pro
Insurance Jargon Explained
A basic insurance plan which provides a lump sum amount to the family of the person who is insured in case of his/her unfortunate death.
Term Insurance Rider
An endorsement or attachment to a life insurance policy that provides additional term coverage for only a specified, limited period. If the insured dies during this time, the designated beneficiary can receive death benefit proceeds.
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).
The payment made to a beneficiary upon the death of the insured person.
-- Whenever an unfortunate event happens, there is both emotional as well as financial loss. An insurance company helps you replace the financial/monetary loss through the Death Benefit, which helps maintain your family’s financial stability. This benefit includes both a guaranteed sum of money called as Sum Assured on Death and also the Accrued Bonuses, if applicable.
*For 30 Year Old Male, Endowment Plan Option, online purchase of policy excluding underwriting extra premium & GST.