Bharti AXA Flexi Term Insurance Riders
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Bharti AXA Life Flexi Term Rider
Below mentioned are the 2 different riders available under Bharti AXA Life Flexi Term plan:
- Bharti AXA Life Accidental Death Benefit Rider: Bharti AXA Life Accidental Death Benefit Rider provides 100% of the sum assured in case of an unfortunate demise of the life assured in accident during the policy term, given that the policy is active as of on the date of demise of the life caused in an accident.
- Bharti AXA Life Hospi Cash Benefit Rider: Bharti AXA Life Hospi Cash Benefit Rider provides a fixed amount for each day of hospitalisation of the life assured during the policy tenure. This rider also provides a fixed benefit amount in case the life assured is admitted in the Intensive Care Unit and a lump sum is provided in case the life assured is required to undergo a medical surgery.
Key Inclusions and Exclusions of the Plan
- 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
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.
What are the features of Bharti AXA Life Flexi Term plan?
Bharti AXA Life Flexi Term plan provides optional critical illness benefit, and multiple death benefit payout options. Other than critical illness benefit, this plan provides financial protection to the family of the life assured in case of an untimely demise of the life assured during the policy tenure.
What are the different death benefit payouts available under Bharti AXA Life Flexi Term plan?
Different death benefit payout option available under Bharti AXA Life Flexi Term plan are as following:
- Lump Sum
- Increasing Monthly Income
- Part Lump Sum Part Increasing Monthly Income
Does this plan provide a maturity benefit?
No, Bharti AXA Life Flexi Term Plan does not provide a maturity benefit.
What are the riders available under Bharti AXA Life Flexi Term Plan?
Two riders are available under Bharti AXA Life Flexi Term plan which are Bharti AXA Life Accidental Death Benefit and Bharti AXA Life Hospi Cash Benefit Rider.
What is the critical illness benefit under Bharti AXA Life Flexi Term plan?
Critical illness benefit under Bharti AXA Life Flexi Term plan provides a lump sum in case the life assured is diagnosed with any critical illness.
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Bharti AXA Life Term Insurance Contact Details
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Bharti AXA Life Term Insurance1800-102-4444Mon to Sat 9:00 AM - 7:00 PM