Bharti AXA Life Insurance
Bharti AXA Life Insurance is the amalgamation of two great visionaries, Bharti Group and AXA. Both companies come with diverse experiences and together bring a rich culture forming the essence of Bharti AXA Life Insurance. Presently, the joint venture has a 51% stake from Bharati Group and 46% stake from AXA in line with the regulatory framework on ownership in the insurance sector. The company was established during the second wave of growth in private insurance space in the year 2006. Bharti AXA Life Insurance is one of the leading insurance companies in India which offers a range of insurance plans to help you plan your financial goals.
Top Bharti AXA Life Insurance Plans (2020)
Bharti AXA Life Insurance offers a wide range of insurance solutions. Let’s have a look at the top plans offered by Bharti AXA Life Insurance in different life insurance categories-
- Bharti AXA Life Term Plans
Term insurance is a basic insurance plan which provides life risk cover by paying a death benefit to your family in case of your unfortunate death during the term of the plan. Bharti AXA term plans not only to provide cover against the risk of premature death but also against the risk of disability and diseases through the different plan variants offered. Moreover, you also have the option to take lifelong coverage in which you get coverage until 100 years of age for complete protection.
Term plans offered by Bharti AXA Life Insurance are as follows:
|Product Name||Product Description|
|Bharti AXA Life Premier Protect Plan||Bharti AXA Life Premier Protect Plan offers financial protection to your family along with the option of increasing the protection at important milestones. You can increase the sum assured during the policy term by 50% at important milestones of your life such as marriage, purchase of house and birth of a child. The plan offers flexibility to choose from three options of death benefit pay-outs, flexible premium paying terms and policy terms.|
|Bharti AXA Life Flexi Term Plan||Flexi Term Plan offers you to choose from three different life cover pay-out options along with life cover as well as critical illness benefits. The plan provides a high coverage term of up to 75 years of age and an option of health insurance with critical illness cover. You can either take the comprehensive cover or major illness cover at the inception of the plan to get coverage of critical illness till the age of 75 years.|
|Bharti AXA Life POS Saral Jeevan Bima Yojana||It is a non-participating plan which offers a sum assured in a lump sum in the event of unfortunate death of the life insured and double the sum insured benefit in the event of the accidental benefit of the life insured. The plan has flexible policy terms to choose for as per your convenience. You are not required to undergo any medical examination to buy this plan.|
|Bharti AXA Life Income Protection Plan||Income Protection Plan provides income to your family in the form of annual instalments for a period of 15/20 years in the event of unfortunate death of the life insured. It is a term with “Return of Premium” plan which allows you to receive your invested premiums on the maturity of the plan. 100/120% of the premiums are returned as a lump sum maturity benefit under this plan.|
2. Bharti AXA Life Whole Life Plans
Whole Life plans provide cover for your entire lifetime i.e till 99 or 100 years of age. These plans are used to accumulate and pass on the wealth created by you to your younger generation and creating a legacy for your children in a tax-efficient way. Bharti AXA Life Whole Life plan offers cash bonus and annual pay-outs along with maturity benefit to help you create wealth for your family in your absence.
Whole Life plans offered Bharti AXA Life Insurance are as follows:
|Product Name||Product Description|
|Bharti AXA Life Aajeevan Sampatti+||Bharti AXA Life Aajeevan Sampatti+ is a savings plan which offers the dual benefit of life cover up to 100 years and guaranteed annual pay-outs. This plan offers a choice of three premium paying terms with a life cover of up to 85 years and 100 years as policy term. Under this plan, you get annual pay-outs from 10th policy year onwards until maturity and cash bonuses from the 6th policy year until maturity or death, whichever is earlier. 100% of the sum assured is paid on maturity of the plan.|
3. Bharti AXA Life Endowment/Savings Plans
Endowment plans are savings plans which offer dual benefits of life insurance cover and savings benefits. These plans help you to save regularly and systematically to create a corpus for your family which will be paid at the maturity of the plan. These plans provide death benefit on the death of the life insured during the term of the plan or maturity benefit if the life insured survives the policy term. Bharti AXA Life Insurance offers a wide range of endowment plans along with bonus participation to help you to enhance your corpus and enjoy wealth creation.
Savings plans offered by Bharti AXA Life Insurance are as follows:
|Product Name||Product Description|
|Bharti AXA Life Smart Jeevan||Smart Jeevan is a savings plan with a fixed policy term of 12 years. The insurance product has easily affordable premiums and offers 100% return of the premiums paid till the end of the term of the policy as maturity benefit. The maturity benefit is received in lumpsum enabling you to save and create a corpus.|
|Bharti AXA Life Elite Advantage||Elite Advantage offered by Bharti AXA Life is a comprehensive long-term savings policy which offers dual benefits of life cover and guaranteed pay-outs on maturity. A per cent of the sum assured on maturity is paid during the maturity pay-out period and guaranteed lump sum benefit at maturity is paid at the end of 20th year from the policy date. It is one of the best investment plans with high return.|
|Bharti AXA Life Super Endowment Plan||Bharti AXA Life Super Endowment Plan is a savings plan which helps you build your wealth along with providing life cover. The plan offers an option to choose from extended life cover benefits by paying additional premium throughout the premium paying term. Under the plan, you get survival benefits as 50% of the sum assured at the end of one year before the end of policy term and maturity benefit at the end of the policy term if the life insured survives till the maturity of the plan. The plan offers flexibility to choose from ten combinations of premium paying terms and policy terms to enable you to meet your financial goals.|
|Bharti AXA Life Samriddhi||Bharti AXA Life Samriddhi is a participating savings life insurance plan which offers the dual benefit of life cover and savings. At maturity, you will get 100% of the sum assured on maturity along with accrued simple reversionary bonus and terminal bonuses, if declared by the company. This increases your potential to receive additional earnings and create wealth. The plan offers a choice from eight different premium paying terms.|
|Bharti AXA Life POS Saral Bachat Yojana||Bharti AXA Life POS Saral Bachat Yojana provides life insurance cover in case of unfortunate death and twice the life insurance cover in case of accidental death of the life insured. At the maturity of the plan, if the life insured survives throughout the policy term, the sum assured on maturity will be paid. The plan provides flexibility by offering the option of five combinations of policy terms and premium paying terms to choose from as per your convenience.|
|Bharti AXA Life Flexi Save||Bharti AXA Life Flexi Save is a savings plan which helps you to save and create a corpus along with the flexibility of withdrawing your savings. The benefits can get accrued anytime during the benefit period by modifying your policy term. You have the option to decide to pre-pone the maturity benefit of your plan and enjoy full benefits due in your insurance plan by getting 100% of the sum assured plus the accrued bonuses till the date and terminal bonus if any. This plan offers three flexible premium paying terms to choose from as per your needs.|
|Bharti AXA Life Serv Suraksha||Bharti AXA Life Serv Suraksha is a combination of life insurance cover and savings benefit. It is a single premium product in which sum assured is paid in the event of unfortunate death of the policyholder and 110% of the single premium is paid on maturity of the plan. You can also enjoy tax benefits under this plan both on the premiums paid and on the pay-outs received.|
4. Bharti AXA Life Money Back plans
Money-back plans offer liquidity during the policy term by paying the sum assured in instalments. This plan offers periodic payments or monetary benefits at regular intervals of time. These plans offer guaranteed money back benefits along with a death benefit which is independent of the money-back benefits already paid. Bharti AXA Life Insurance offers a range of money back plans with different combinations of premium payment term and policy term to help you plan your financial goals. Some money back plans offered by Bharti AXA Life Insurance also provide participation benefit in the profits of the insurance company.
Money-Back plans offered by Bharti AXA Life are as follows:
|Product Name||Product Description|
|Bharti AXA Life Super Series||Bharti AXA Life Super Series is a plan which offers a lump sum payout at the end of the premium paying term followed by increasing guaranteed cash pay-outs until the maturity and a lump sum pay-out at maturity of the plan. You can choose between the Super 6 and Super 10 options depending on your desired investment term and returns. The plan also provides an additional 30% of ‘sum assured on maturity’ as guaranteed maturity addition as a reward for staying invested in the plan.|
|Bharti AXA Life Monthly Income Plan||Bharti AXA Life Monthly Income Plan+ is a participating, savings plan which offers guaranteed monthly income with the upside of non-guaranteed bonuses. Monthly income is paid after the completion of the premium paying term till maturity and the simple annual reversionary bonus get accrued and paid out on maturity or on death.|
|Bharti AXA Life Dhan Varsha||Bharti AXA Life Dhan Varsha is a traditional participating plan which offers guaranteed survival benefits from the 10th policy year onwards and a lump sum benefit at the end of the policy term. You also get annual benefits in the form of cash bonus and guaranteed survival benefits payable during the term of the policy. 100% of the sum assured is paid as maturity benefit at the end of the policy term. You can opt for premium waiver rider to continue the benefits of the plan even after the death of the life insured.|
|Bharti AXA Life Monthly Advantage||Bharti AXA Life Monthly Advantage provides a steady stream of monthly incomes along with the flexibility to choose your premium payment term and policy term. The plan offers guaranteed monthly incomes on survival after the completion of premium paying term till the maturity of the plan. You also have the flexibility to choose the monthly income that you wish to get, which decides your premium amount for the plan. Being a participating plan, you can also receive accrued simple reversionary bonus and terminal bonus at maturity or on death.|
|Bharti AXA Life Secure Income Plan||Bharti AXA Life Secure Income Plan is a limited pay guaranteed income plan in which you will have to pay limited premiums depending on the policy term you choose. At the end of your chosen policy term, you start receiving 8% of the sum assured of the plan as monthly income. In addition, on the maturity of the plan, you will receive the sum assured along with guaranteed addition of up to 10% as benefits. The guaranteed additions get paid out either on the death of the life insured or on the maturity of the plan|
|Bharti AXA Life Guaranteed Income Plan||Bharti AXA Life Guaranteed Income Plan is a savings plan that provides survival pay-outs as a percentage of ONE annual premium. This premium increases every year at the rate of 10% of the annual premium from the end of the premium paying term till one year before the end of the policy term. On maturity of the plan, maturity benefit as a percentage of ONE Annual premium is paid. This plan offers the choice of four policy terms with limited premium paying terms|
5. Bharti AXA Life Unit-Linked Insurance Plans
Unit-Linked plans give benefits to both life insurance and investment. The premium paid is invested in different funds consisting of different investment instruments such as stocks, government bonds and money market securities. The returns on such investment are dependent on market performance and the holder of the policy has to bear the investment risk. ULIP plans help in capital appreciation to fulfil your long term financial goals. Bharti AXA Life ULIP plans allow comprehensive coverage while some pay both the sum assured and the fund value on the death of the life assured.
Unit-Linked plans offered by Bharti AXA Life Insurance are as follows:
|Product Name||Product Description|
|Bharti AXA Life Wealth Pro||Bharti AXA Life Wealth Pro is an individual, linked insurance cum savings plan which offers a comprehensive financial solution by offering life cover for up to 10 times of the premium along with wealth creation. The plan offers two variants to choose from-the Growth variant and the Legacy variant. In addition, a percentage of the fund value is added to the policy as wealth booster to enhance your corpus. The plan also lets you choose from two investment strategies along with multiple fund options on the basis of your risk appetite and investment goals.|
|Bharti AXA Life eFuture Invest||Bharti AXA Life eFuture Invest is an online plan which offers both good returns and life cover. The plan offers a choice between single premium limited premiums. The plan also offers the flexibility of partial withdrawals after the end of the first 5 years of the policy. There is no premium allocation charge and 100% of your premiums are allocated to the funds selected by you.|
|Bharti AXA Life Grow Wealth||Bharti AXA Life Grow Wealth is a savings-oriented plan which offers multiple fund options to suit your investment needs. It also provides additional benefits in the form of loyalty additions added every year after the 6th policy year. You can choose from the 7 fund options, different investment durations and flexible premium paying terms. Also, the plan has zero premium allocation charges so that maximum premiums are invested in the funds of your choice.|
|Bharti AXA Life Future Invest Plan||Bharti AXA Life Future Invest Plan is a plan in which you can either pay a single premium or pay for a period of 5 years and enjoy benefits for 10 years. The plan has zero allocation charges enabling you to allocate 100% of the premiums paid by you to the funds of your choice. You also get the benefit of making partial withdrawals from the policy fund value any time after the expiry of the first five policy years.|
6. Bharti AXA Life Health/Hybrid Insurance Plans
Health Insurance plans provide coverage against medical expenses in case of hospitalisation. Bharti AXA Life Insurance provides a health plan covering 13 critical illnesses with three claim options. The benefit under this plan is paid on diagnosis of any of the covered critical illness. This plan helps you to get proper treatment and saves out of pocket costs.
Health plans offered by Bharti AXA Life Insurance are as follows:
|Product Name||Product Description|
|Bharti AXA Life Triple Health Insurance Plan||Bharti AXA Life Triple Health Insurance Plan offers cover for 13 critical illnesses in which you can make up to three claims for unrelated critical illnesses. After you make the first claim, all the future premiums of the plan are waived off and paid by Bharti AXA Life Insurance. The critical illnesses are split into 3 groups - Group A, Group B and Group C. You can make one claim under each one of the group and get 100% sum insured on each claim.|
7. Bharti AXA Life Child Plans
Child plans are those insurance plans which help you to create a secured corpus or wealth for your child’s future even if you die. These plans help you to secure your child’s future financially. Bharti AXA Life Insurance offers two child plans with the flexibility to choose the maturity benefit pay-outs. The premiums under these plans are waived off if the policyholder dies but the plan continues till maturity.
Child Plans offered by Bharti AXA Life Insurance are as follows:
|Product Name||Product Description|
|Bharti AXA Life Shining Star||Bharti AXA Life Shining Star is a non-participating endowment life insurance plan. The plan offers two options of maturity pay-outs - Flexi pay-out option and annual pay-out option. In case of death of the life assured the premiums of the plan are waived off, the death benefit is paid and the plan continues. The maturity benefits will then be paid to the child at the time of the maturity of the plan.|
|Bharti AXA Life Child Advantage||Bharti AXA Life Child Advantage is a traditional participating savings plan which has an in-built premium waiver benefit. The plan offers the flexibility to choose between two maturity benefits- endowment and money back. With the money-back option, you can receive payouts in the last 5 years before the maturity of the plan. With the endowment option, you can receive a lump sum amount on maturity of the plan to help your child meet long term financial goals.|
8. Bharti AXA Life Micro Insurance Plans
Micro Insurance plans are low premiums plans which are designed for low-income people to help them to get life cover along with the benefit of savings. These plans are offered at nominal rates of premium to suit the insurance needs of rural people. Bharti AXA Life Insurance offers one micro-insurance plan with guaranteed return benefit. This plan is simple and can be brought without a medical examination.
Micro Insurance Plan offered by Bharti AXA Life Insurance is as follows:
|Product Name||Product Description|
|Bharti AXA Life Grameen Jeevan Bima Yojana||Grameen Jeevan Bima Yojana is a non-participating, term micro-insurance plan which offers life cover with the return of premium option if needed. 100% of the premiums paid towards the plan are returned at the maturity of the plan is the insured survives. If the insured dies, however, the sum assured is paid.|
- Bharti AXA Life NRIs Plans
NRIs can also buy life insurance plans offered by Bharti AXA Life Insurance. If you are an NRI, you can buy any plan as per your insurance and coverage needs. You just need to mention that you are an NRI and the insurance company would issue the policy accordingly.
- Bharti AXA Life Insurance Riders
Riders are additional benefits that you can buy with your existing life insurance plan to provide further enhancement to your plan and customise it as per your current or future financial needs. Riders enhance your insurance cover, both qualitatively and quantitatively. Bharti AXA Life Insurance offers a wide variety of riders at an additional premium cost.
Riders offered by Bharti AXA Life Insurance are as follows:
|Rider Name||Rider Description|
|Bharti AXA Life Term Rider||Bharti AXA Life Term Rider is a term rider which pays out an additional sum assured in the event of unfortunate death of the life assured. This rider sum assured is an addition to the death benefit which will be payable under the base insurance plan. This rider can only be added with term insurance plans offered by Bharti AXA Life Insurance.|
|Bharti AXA Life Premium Waiver Rider||Bharti AXA Life Premium Waiver Rider provides you additional protection by waiving off the future premiums of the base plan in case of unfortunate death of the life assured or sudden events such as critical illness or permanent disability. The rider offers two options. In Option 1, all the future premiums of the plan are waived off in case of death or total and permanent disability of the proposer. In Option 2, all the future premiums of the plan are waived off on the confirmed diagnosis of any one of the 11 covered critical illnesses.|
|Bharti AXA Life Hospital Cash Benefit Rider||Bharti AXA Life Hospital Cash Benefit Rider is a health insurance rider which offers a fixed amount of benefit for each day of hospitalisation provided the hospitalisation is for a minimum period of 48 hours. The rider also includes a lump sum pay-out as Surgical Hospitalisation benefit and fixed amount as an Intensive Care Unit benefit.|
|Bharti AXA Life Accidental Benefit Rider||Bharti AXA Life Accidental Benefit Rider provides enhanced protection in case of accidental death. It is a non-linked and regular pay insurance rider which provides 100% of the sum assured to the nominee in case of accidental death of the life insured. The rider sum assured can be between INR 50,000 and INR 50 lakhs|
Benefits of buying Bharti AXA Life Insurance Plans
Bharti AXA Life Insurance plans offer a range of benefits to the customers who invest in them. These benefits depend on the category of insurance plan you choose to buy. Benefits of buying Bharti AXA Life Insurance plans are as follows:
- Life Cover- Life Insurance plans provide coverage against the risk of premature death. In the event of unfortunate death of the life insured, a death benefit is paid to the nominee of the plan in almost all the types of Bharti AXA Life Insurance plans. This death benefit helps the family of the insured to manage the financial loss suffered by them due to the death of the breadwinner.
- Financial Security- Life Insurance plans secure your family and loved ones against possible loss due to unforeseen contingencies. Besides covering the risk of premature death, Bharti AXA Life Health plan also covers the risk of critical illness and pays a lump sum on diagnosis of any covered critical illness. Life insurance plans provide you and your family with a 360-degree financial assurance against unfortunate events.
- Creation of Wealth- Life Insurance plans help you develop the habit of saving. Endowment and Unit-linked insurance plans help you to create a corpus which is paid at the maturity of the plan if the life insured survives the term of the policy. Endowment plans help you to get guaranteed returns while the unit-linked plans help you to enhance your investment through market-linked returns.
- Meeting Financial Goals- Bharti AXA Life Insurance Plans helps you to meet your long term and short term goals. Health insurance plan offered by Bharti AXA Life Insurance helps you to fulfil your goal of the surplus fund to treat your critical illness, term plans fulfil the income replacement goal, endowment plans help to you meet your long term goals like buying a house, paying off debts and child plans helps in planning your child’s education, marriage, etc.
- Availing loans- You can also avail loans on your life insurance plans. Under money back and endowment plans which have a surrender value, you have the option to avail policy loan after a specified tenure. In addition, you can also use your Bharti AXA Life Insurance plans as collateral security to avail loans for your immediate financial needs. These plans are financial assets which help you in availing loans when you need funds.
- Liquidity- Money back plans provide liquidity in the form of regular money back benefits to help you meet your day to day expenses. Retirement plans also offer liquidity by paying you regular pension to meet your daily needs. Such plans help you to plan your short term financial goals strategically. You also have an option of partial withdrawal from the fund value of your unit-linked insurance plans after the expiry of the first five years of the policy thereby offering liquidity.
- Tax Benefits- Bharti AXA Life Insurance plans offer tax benefits on the premiums paid for the plan and the pay-out benefits received from the plan subject to certain terms and conditions. This tax benefits help you to lower your taxable income and save on taxes. Bharti AXA Life Insurance offers tax- free returns from critical illness riders too. You can read about the detailed tax benefits below.
Bharti AXA Life Insurance Claim Process
Having a high claim settlement ratio of 97.4% for the financial year 2019-20, Bharti AXA Life Insurance has shown that it provides a smooth and hassle-free claim settlement process. You can initiate or register your claim online by visiting the official website of the company or walk into any nearest Bharti AXA Life Insurance Branch. Here are the steps:
- Visit the official website of the company (bharti-axalife.com) and log in with your user ID and password to file a claim. You can also email the insurance company at email@example.com or call on its toll-free number to initiate the claim process. However, the claim will be intimated only when written intimation is received by the insurance company.
- The claim specialist of the insurance company will assess the claim
- The company will reach via SMS, letter or call in case it requires any further documents or information.
- For all the eligible ULIP contracts, the fund value accrued under the plan is paid to the nominee within 48 hours from the receipt of the claim settlement.
- You can submit the documents for verification by the company. You can submit the documents either online or by visiting a branch of Bharti AXA Life Insurance.
- The company target to process all the claims within 5 working days however, if the claim requires an investigation, the insurance regulator gives the insured up to 4 months to make a claim decision.
Documents required for Death Claim
Following are the list of documents that are required to process a death claim:
- Original Policy Documents
- Claimant’s Statement Form
- Copy of death certificate issued by the local authority (self-attested)
- Copy of photo identity proof and address proof of the nominee
- Personalised cancelled cheque and copy of bank passbook of the nominee.
- Copy of the post-mortem report of the life assured and copy of FIR
- Treating doctor’s certificate, employer certificate and family physician certificate
- Copy of the Medico-Legal Cause of death certificate of the life assured
- Copy of medical records such as discharge/ death summary, test reports including past medical reports and admission notes.
Documents required for Hospitalisation Claim
Following are the list of the documents that will be required to process a hospitalisation claim in Bharti AXA Life Insurance:
- Copy of the policy certificate
- Claimant’s statement
- Treating doctor’s certificate
- Copy of the medical records such as admission notes, final hospital bill, discharge summary and test reports including past medical records)
Bharti AXA Life Insurance reserves the right to ask for any additional document or information to satisfy itself as to the validity and authenticity of the claim.
Documents required for Rider Claim
The following documents will be required to process a claim critical illness rider and premium waiver benefit rider:
- Original policy bond
- Claimant’s settlement
- Treating doctor’s certificate
- Bank passbook of the claimant and a cancelled cheque
- Family Physician certificate
- Copy of the medical records of the life assured (admission notes, discharge summary, test reports including the past medical records).
Bharti AXA Life Insurance Tax Benefits
As stated above life Insurance plans offered by Bharti AXA Life Insurance helps you to save on tax on investments as well as on returns. Let’s have a look at the tax benefits offered under Bharti AXA Life Insurance policies-
|Income Tax Act Sections||Income Tax Benefit Available|
|Section 80C||The premiums paid for Bharti AXA Life Insurance plans, except retirement plans, can be availed as a deduction from your taxable income under section 80C of the Income Tax Act, 1961. The deduction is available subject to a maximum of INR 1.5 lakhs per annum. However, the premiums for the plan up to 10% of the sum assured are allowed as a deduction in one financial year.|
|Section 80CCC||The premiums that you pay for your pension plan can be availed as a deduction under section 80CCC of the Income Tax Act, 1961. Premiums up to 10% of the sum assured can be availed as deduction and are subjected to a maximum of INR 1.5 lakhs per annum. The deduction can be availed for the premiums paid towards deferred annuity plans|
|Section 80D||Premiums paid towards Bharti AXA Life health insurance plans can be availed as a deduction under section 80D of the Income Tax Act, 1961. The deduction is allowed up to INR 25, 000 for every financial year and for individuals aged 60 years and above, the deduction is allowed up to INR 50,000 for every financial year.|
|Section 10 (10A)||Under deferred annuity plans, one can withdraw 60% of the corpus of the plan on its maturity. This withdrawal of funds from the plan is called commutation of the pension. This commutated pension is allowed as a tax-free benefit under section 10 (10A) of the Income Tax Act, 1961. However, the tax-free benefit can be up to 33% of the corpus of your pension plan.|
|Section 10 (10D)||The survival and maturity benefits received under life insurance plans can be availed as tax-free income under section 10 (10D) of the Income Tax Act, 1961. However, to claim exemption, the premium should not exceed 10% of the sum assured in the plan. The entire maturity benefit will be taxable if the premiums paid for the plan exceeds 10% of the sum assured. |
The death benefit is entirely tax-free under this section in the hands of the nominee of the plan irrespective of the amount of premium paid for the plan.
Bharti AXA Life Insurance Customer Care Details
You can contact the customer care department of Bharti AXA Life Insurance through various modes as per your convenience. In case of any query, feedback or complaint, you can contact the insurance company in any of the following ways:
|Toll-Free Number||1800-102-4444 (Monday to Saturday, 9AM to 7 PM)|
|SMS||SERVICE at 56677|
|Email ID||At firstname.lastname@example.org or send a letter to the nearest Bharti AXA Life Branch|
|Request a callback||Visit https://www.bharti-axalife.com/contact-us and fill your name, date of birth and mobile number to request a call back from the company.|
|Through Interactive Voice Response (IVR)||Dial 1800-102-4444|
Bharti AXA Life Insurance Review
Bharti AXA Life Insurance offers a range of insurance products to retail and corporate customers. It is one of the leading insurance companies in India. Here are some details about the company:
- As at the end of the financial year 2019-20, Bharti AXA Life Insurance has 28 individual plans, 8 group plans and 4 insurance riders in its kitty.
- The insurance products offered by the company provide all-encompassing coverage to suit your different financial needs.
- Bharti AXA Life Insurance endeavour to settle a claim in 5 working days from the date of receipt of the document
- The claim settlement ratio of the company for the financial year 2019-20 stood at 97.4%
- The company has issued over 17, 70, 000 insurance policies till date.
- It has 263 branches all across India.
These statistics of the company shows that it is one of the trusted insurance providers in India with different types of insurance plans and easy claim settlement procedure.