Insurance Type : Term Insurance   Availability : Online only
Underwritten by : Bharti AXA Life   Distributed by : bimadirect.com

Bharti AXA ‘e Protect’

(UIN 130N052V03)

About Product:

Bharti AXA Life’s ‘e Protect’ is a pure term insurance plan which provides financial security to the family of Insured in case of early death of Life Insured. This plan can be bought by Indian citizens (only resident) in the age group of 18 to 65 yrs and they can stay insured under this plan for a maximum policy term of 30 yrs or till the Insured attains 75 yrs of age (whichever is earlier). Both natural and accidental fatality is covered under ‘e Protect’. The Life coverage also extends to situations like terrorist attack, plane hijack, natural calamity, etc. The e Protect plan can be bought online from www.bimadirect.com.

Family Care Benefit – Rs 1 lac is paid to the nominee in case of death of Life Insured within 48 hours of submission of all relevant claim documents. This benefit is paid subject to the policy being in-force and the premiums for 2 consecutive policy years from the date of issuance or the date of latest reinstatement been paid.

Key exclusion: Sum Assured is not paid if the Insured commits suicide within 1 yr of buying a fresh policy or within 1 yr of reinstating a lapsed policy.

Know more about your Insurance

Key features: Eligibility, Benefits and Pricing

Minimum Age at Entry : 18 years
Maximum Age at Entry : 65 years
Maximum Age at Renewal : 75 years
Minimum Sum Assured : Rs 25 lacs
Maximum Sum Assured : Rs 50 Cr
 
Minimum Policy Term : 10 years
Maximum Policy Term : 30 years
Premium Pay Term : = policy term
Premium Payment Frequency : Annual/H-Yrly
Survival Benefits : NA


Premium for a Non-Smoker/Healthy Life (Incl of S.Tax)   (INR)

   25 yr old male   35 yr old male   45 yr old male 
Term  SA
10 lacs
SA
25 lacs
SA
50 lacs
SA
1 Cr
SA
10 lacs
SA
25 lacs
SA
50 lacs
SA
1 Cr
SA
10 lacs
SA
25 lacs
SA
50 lacs
SA
1 Cr
10 yrs NA 3062 3876 6854 NA 4185 5393 8700 NA 8989 10899 20674
15 yrs NA 3062 3876 6854 NA 4354 5506 9000 NA 9635 11629 22247
20 yrs NA 3090 3933 6854 NA 4522 5674 9300 NA 9832 11682 22360
25 yrs NA 3118 3989 6966 NA 4635 5843 9500 NA 10478 12360 23596


How to ensure a smooth & hassle-free claim experience?

  1. Fill your proposal form very carefully to ensure accuracy & correctness of all relevant information like Name, DOB, Health status, policy details, contact information, nominee details, etc. Also cross-check the policy document for accuracy & correctness of the information provided. Immediately approach the Insurer, should you find any discrepancy in the data.

  2. Disclose all material facts clearly and be truthful about your health and lifestyle attributes (tobacco/alcohol consumption) related information. An affirmative declaration doesn’t mean that your policy will be rejected.

  3. Ensure that your nominee is well-informed about the status of your policy. Keep the policy documents in a safe location and ensure that your nominee knows where the policy bond is stored.

  4. Pay your premiums regularly & in time to keep your policy in force. Follow simple procedures like setting premium due date reminders for yourself by registering with www.bimadirect.com and give your loved ones a stress-free future.

  5. Intimate your Insurer about death & register your claim. Submit duly completed claim forms and other documents at the nearest Branch office of Bharti AXA Life or at the Insurer’s Head office in Mumbai. For any claim assistance, please get in touch with the Insurer at 1800 102 4444. You can also write to them at service@bharti-axalife.com

Some key statistics for Bharti AXA Life

ITEM   NUMBER
Claims Settlement Ratio : 89%
Claims Rejection Ratio : TBA
Complaints Resolution Ratio : TBA


How to decide your ideal Life cover?

Your insurance cover should be enough to provide for your family/dependants’ monthly expenses without upsetting any of their lifestyle related needs.

Make sure you are choosing enough Insurance coverage so as to cover all your outstanding liabilities/debt, etc in absence of your earning hand.

Your insurance cover should be able to provide for & meet with all the foreseeable future needs.

Disclaimer: This is only an illustrative document to serve as a quick guide for aide in decision making. For line item details please refer the product brochure.


IRDAI License
Coretree Insurance Brokers (India) Pvt. Ltd.
IRDAI License Number - 437
Category: Direct (Life & General)
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