MyInsuranceClub
menu

Bharti AXA Life Elite Secure

Bharti Axa Life Elite Secure is a vanilla Term Plan for high sum assured. Bharti AXA Elite Secure Plan is a simple term plan where the nominee would get the Sum Assured as the Death Benefit if the Life Insured dies within the policy tenure. However, if the Life Insured survives the entire policy term, then there is no Maturity Benefit that is paid to the policyholder. This plan is purely for protection purpose.

day-care-treatment-overview icon
Death Benefit
unlimited-e-consultations-overview icon
Long Term cover
personal-accident-cover-overview icon
Disability Benefit
Compare this plan with other Term Plans
By clicking “Show Premiums”, I authorize MyInsuranceClub to Call/Message & agree to Terms of Use

Key Features

key-feature-header-icon
Death Benefit

It is a pure Term Insurance Policy with Death Benefit

Long Term cover

Long Term cover available till the age of 75 years

Disability Benefit

Additional Accidental Death and Disability Benefit Rider and Critical Illness Benefit Rider available

Benefits

policy-benefits-header-icon
Death Benefit

In case of death of the life insured, the nominee gets the sum assured under the plan

Maturity Benefit

There are no maturity benefits under this plan.

Income Tax Benefit

Life Insurance premiums paid up to Rs. 1,50,000 are allowed as a deduction from the taxable income each year under section 80C

Eligibility

tab-eligibility-header-icon
  Minimum Maximum
Sum Assured (in Rs.) 25,00,000 No Limit
Policy Term (in years) 5 57*
Premium Payment Term (in years) Equal to policy term Equal to policy term
Entry Age of Policyholder 18 65*
Age at Maturity - 75*
Single premium (in Rs.) NA NA
Payment modes Yearly, Half-Yearly, Quarterly and Monthly

FAQs

tab-faqs-header-icon
angle down iconWhat happens if You stop paying the premium ?

If the policyholder stops paying the premium, then all benefits of the policy will cease after the expiry of the grace period of the unpaid premium due date. It can however be re-instated within 2 years of lapsation by paying up all due premiums with interest.

angle down iconWhat happens if You want to surrender the policy ?

There are no surrender benefits under this term plan.

angle down iconWhat happens if You want a loan against your policy ?

Loan facility is not available under this policy.