Retire early?
Financial security?
Earn additional income?
Children's education?
Be debt free?

Are these your Life’s BIG Questions?

Bharti AXA Life Insurance Plans for Financial Needs

Protect Life

Explore for our term insurance plans

#termplan #terminsurance #termlife

Start Now

Achieve Goals

Get guaranteed returns from our savings plan

#guaranteedreturns #savingplans

Start Now

Create Wealth

Choose from our spread of ULIP Plans

#ulip #investmentplans

Start Now

What Our Customers Say

Answering your queries on Life Insurance

What is Life Insurance?

Life insurance is a contract between an insurer and a policy owner. A life insurance policy guarantees the insurer pays a sum of money to named beneficiaries when the insured dies in exchange for the premiums paid by the policyholder during their lifetime. Life insurance is a key investment, especially in uncertain circumstances, like the present. Life insurance policies work in three stages :

 

  • Purchasing a life insurance policy

    Buy the best life insurance policy that offers flexibility of benefits. Other factors to consider are plan tenure, premium, riders, and, most importantly, the reason you are buying life insurance.

  • Premium payment

    It is advisable to choose a premium that you can easily pay on time. As per the life insurance contract, the insurers promise to pay a pre-decided amount to you (policy holder) or your nominee, provided all premiums have been paid. All benefits then are based on timely premium payment.

  • Filing a claim

    The last stage of a life insurance plan is related to filing for a claim to get insurance benefits.

    In case of your unfortunate demise, your nominee will be eligible for the sum assured as defined in the contract. To get it, the nominee has to submit a claim form along with various documents. Upon verification of claim, the insurance company releases the benefit to the nominee.

    For life insurance plans with a return of premium, a total of all premiums is paid back if the insured survives the policy term, which can be a great financial aid in the short or long term.

 

What are the benefits of buying life insurance?

Life insurance offers three major benefits.

  • Protection

    Life is full of uncertainties; investing in a life insurance plan provides a safety net. Your insurance provider is liable to pay your beneficiary or nominee the pre-determined death benefit, thus keeping your family protected even in your absence.

  • Long-term savings

    It is important to consider life insurance if you are seeking to make long-term savings. The suitable product helps you to save systematically and build a corpus for your future; its accumulated amount may be used for your life goals. What’s more, life insurance plans also offer regular pay-outs in the form of annuities, and are therefore, an excellent tool to finance your retirement goals.

  • Investment

    Unit-Linked Investment Plans (ULIPs) offered by life insurance providers are primarily investment instruments. These market-linked products create wealth. ULIPs offer significant returns on premiums paid towards the insurance policy. Most plans provide considerable returns during maturity, thus making them an attractive investment vehicle.

    Besides this, life insurance plans offer a host of other benefits, like tax deductions under Section 10, 80C, and 80CCC of the Income Tax Act, 1961 on the premium paid. You may also borrow a loan against your insurance plan if needed.

    Life insurance plans provide financial support to you and your family. Buying an insurance policy also inculcates the habit of disciplined savings.

 

*IN ULIP POLICIES, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. The premium paid in Unit Linked Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions.

Why consider Bharti AXA Life Insurance?

You should definitely consider getting an insurance policy from Bharti AXA Life as we provide flexible products. You can easily change your coverage limits and include riders with your insurance policy in minutes. You can access your account anytime from anywhere. With an impressive claim settlement ratio and dedicated claim handler for the policyholder, our claim settlement process is seamless.

Bharti AXA Life Insurance Promise

99.05%* Claim Settlement Ratio

We have a seamless claim settlement process, with a claim settlement ratio of 99.05%* and dedicated claim handler for our policy holder.

 

*As per annual audited figures submitted to IRDAI for individual death claims for FY 2020-21

Assets Under Management

We as a life insurance company are financially sound with ₹10,000-plus Cr. of assets under management, as on 31st Oct 2021.

Bharti AXA Life Presence

Currently, we have 254 offices to help our customers for every life insurance need.

Our Customer Service

With a dedicated online customer portal, we help our customers to access their accounts anytime from anywhere.

Flexible Products

You can customize your plan as per your needs and priorities. We have a range of riders* that help you strengthen your base life insurance plan.

 

*Riders are not mandatory and available at an additional cost

Get Customized Quote

With Bharti AXA Life insurance Guaranteed Income pro
get insurance cover and assured returns on maturity