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Bharti AXA Flexi Term Insurance Benefits

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Highlights
Claim Settlement Ratio99.05%
Customer Care9:00 AM - 7:00 PM
Inception2006
Policies Sold1,285 Policies
Presence263 Branches
Total Death Benefit PaidRs. 61.56 Crore

Bharti AXA Life Flexi Term Benefits

Below mentioned are some benefits that you can avail if you purchase Bharti AXA Life Flexi Term plan:

1. Death Benefit: Under Bharti AXA Life Flexi Term plan a death benefit is provided to the family of the life assured in case of an untimely demise of the life assured during the policy term. This plan provides financial protection to the family of the life assured under difficult circumstances such as sudden demise of the life assured during the policy tenure. The death benefit can be utilised by the family to overcome their immediate financial expenses and meet their daily financial obligations.

2. Optional Critical Illness Cover Benefit: Bharti AXA Life Flexi Term plan provides optional critical illness benefit under which a lump sum amount is provided to the life assured in case he/she is diagnosed with any listed critical illness. There are two types of critical illness cover under this plan, which are Comprehensive Cover and Major Illness Cover. Under comprehensive cover 34 critical illnesses are covered and under major illness cover, 15 major illnesses are covered.

3. Waiver of Premium Benefit: This plan also provides Waiver of Premium benefit on critical illness benefit. In case the life assured is diagnosed with a critical illness (as per the chosen cover option) the future payable premium will get waived off, provided the policy is active as on date of diagnoses. The waiver of premium shall not work in case of Angioplasty.

4. Additional Cover: Under Bharti AXA Life Flexi Term plan you can add riders which are additional coverage that enhance the power of your base policy. Two riders are available under this plan which are Bharti AXA Life Accidental Death Benefit Rider and Bharti AXA Life Hospi Cash Benefit Rider.

Key Inclusions and Exclusions of the Plan

What's Included

  • Premature Demise
  • Critical Illness
  • Accidental Death

What's Not Included

  • Death due to suicide
  • Pre-existing medical conditions
  • Self-inflicted injuries
  • Consumption of alcohol/drugs
  • Death or injuries caused by participation in war, civil rights, unlawful activities, theft etc.
  • Death due to radioactive contamination Treatment of an illness outside India
  • Treatment of injuries or death caused by participating in adventurous activities

Bharti AXA Flexi Term Plan Brochure

  • 1.16 MB
  • PDF Document
  • Aug 23, 2021

FAQs on Flexi Term Plan Health Insurance Plan

  • What are the different critical illness benefits under the Bharti AXA Life Flexi Term Plan?

    Under Bharti AXA Life Flexi Term plan there are two different critical illness benefits namely, Comprehensive Cover and Major Illness Cover.

  • Why should I purchase Bharti AXA Life Flexi Term plan?

    Bharti AXA Life Flexi Term plan is a pure protection plan that provides financial protection from uncertainties of life such as diagnosis or treatment of a critical illness or untimely demise of the life assured during the policy tenure. This plan also offers flexibility to choose from 3 different death benefit payout options which are lump sum, increasing monthly income, and part lump sum part increasing monthly income. 

  • Is policy loan available under Bharti AXA LifeFlexi Term plan?

    No, policy loan is not available under Bharti AXA Life Flexi Term plan.

  • What is a Comprehensive Cover?

    Under comprehensive critical cover 34 critical illnesses are covered.

  • What are the critical illnesses covered under the Major Illness Cover benefit?

    15 major critical illness covered under major illness cover benefit are Cancer, Heart Attack, Open Chest CABG, Open Heart Surgery, Cardiomyopathy, Surgery to Aorta, Primary Pulmonary Hypertension, Angioplasty, Pericardectomy, Coma, Kidney Failure, Organ/Bone Marrow Transplant, Stroke, Multiple Sclerosis and Paralysis.

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