About Bharti AXA Life Insurance Protection Plans

Each one of us likes to plan our future and our loves. For this, we work hard towards securing it. However, life can be unpredictable and we don’t have any control over it. Life Insurance Protection Plans can help you in making sure that your family is financially protected even in your absence.

Bharti AXA Life Term Plan eProtect

Bharti AXA Life Term Plan eProtect is basically an online term insurance plan that provides you with the below-mentioned features:

  • This plan from Bharti AXA has been designed to offer you higher coverage at a lower premium rate.
  • You can buy Bharti AXA Life Term Plan eProtect online without any hassles as per your convenience.
  • In case of death of the insured, the Sum Assured that chosen at the time of policy issuance is given to the nominee.
  • This life insurance plan from Bharti AXA also offers family care benefit. Under this, the condition is that at least 2 premiums have been paid following the policy reinstatement or issuance. The nominee is paid an amount of Rs. 1 lakh in lump sum within 48 hours of the death of the life insured given that the company has been informed. The company settles the pending amount later after completing the formalities.
  • The policy offers special premiums rates to the non-smokers along with a Sum Assured of Rs. 50 lakh and above.
  • Under section 10(10D) and 80C of the Income Tax Act, 1961, the policy offers tax benefits for premiums paid regularly.

Bharti AXA Term Plan –eProtect+

This is a term life insurance plan from Bharti AXA that provides you with the benefits of flexible payouts. The special features and benefits of plan are mentioned below:

  • This is a life insurance plan from Bharti AXA that offers higher coverage at a lower premium
  • You can buy Bharti AXA Term Plan –eProtect+ online without any hassles as per your convenience.
  • In case of the death of the insured, the policy offers 2 death benefit options:
    • A. The policy offers a monthly income in the form of payment to the nominee for a period of 15 years from the date of the insured’s death.
    • B. 50% of the Sum Assured is payable to the nominee immediately on the death of the insured. The remaining 50% is paid in the form of increasing annual installments for the next 10 years.
  • Under section 10(10D) and 80C of the Income Tax Act, 1961, the policy offers tax benefits for premiums paid regularly.