Bharti AXA Life Term Insurance Benefits

Term Plans offered by Bharti AXA Life Insurance are widely praised and recommended plans due to their ability to safeguard the family of policyholders by providing them with financial support at an affordable premium cost. The term insurance plans can help you take care of your loved ones even in case of your death if it happens during the policy term. In such a case, your beneficiary is entitled to get the sum assured from your insurer. Bharti AXA term insurance plans offer several benefits like coverage, riders, and so on, which makes you enjoy it to the fullest.

Bharti AXA Life Insurance Term Insurance Benefits

Bharti AXA Life Insurance Term Insurance policies offer the following benefits to the policyholders and their families.

1. High Coverage at Low Premium: Bharti AXA Life Insurance Term Insurance offers high insurance coverage at low and affordable premiums. The policy term can range between ten years and 35 years to cover the policyholder until the age of 75 years.

2. Multiple Payout Options: Bharti AXA Life Insurance Term Insurance offers three pay-out options, a) Lump sum amount on maturity, b) monthly income @ 1.04% of the death benefit for ten years, and c) 50% of the death benefit as a lump sum payment plus 0.93% of the sum assured as monthly income for five years.

3. Return of Premiums: Bharti AXA Life Insurance offers unique term insurance policies that envisage a 100% return of all premium paid on the policy’s maturity.

4. Facility to Add Special Riders: Bharti AXA Life Insurance allows the policyholder to include unique riders, like accidental death rider, premium waiver riders, and hospitalisation claim riders, along with the term insurance policy.

5. Tax Benefits: Policyholders can avail of income tax benefits on the premium amounts paid on Bharti AXA Life Insurance term insurance policies.