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Bharti AXA Life Secure Confident

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This plan has been withdrawn by the insurance company and is no longer available for sale.

 

Bharti AXA Life Secure Confident Insurance Plan

Bharti Axa Secure Confident is a pure term insurance 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.

COMPARE THIS PLAN WITH OTHER TERM PLANS
    Yes
    No

     

    Key Features of Bharti AXA Secure Confident Plan

    • It is a pure term insurance policy

    • Offers additional benefits like Accidental Death and Disability Benefit Rider and Critical Illness Benefit Rider 

     

    Benefits you get from Bharti AXA Secure Confident Plan

    • Death Benefit – In case of death of the life insured, the nominee gets the sum assured under the plan
    • Maturity Benefit – There is no maturity benefit under this plan. So if the policyholder survives through the term of the policy, there is no money paid back.
    • Income Tax Benefit - Life Insurance premiums paid up to Rs. 1,00,000 are allowed as a deduction from the taxable income each year under section 80C

     

     

    HAVE ANY DOUBTS THAT NEED TO BE CLARIFIED?

     

    Eligibility conditions and other restrictions in Bharti AXA Secure Confident Plan

     

     

    Minimum

    Maximum

    Sum Assured (in Rs.)

    5,00,000

    24,99,999

    Policy Term (in years)

    5

    25

    Premium Payment Term (in years)

    Equal to policy term

    Equal to policy term

    Entry Age of Policyholder

    18

    55

    Age at Maturity

    -

    60

    Single premium (in Rs.)

    NA

    NA

    Payment modes

    Yearly, Half-Yearly, Quarterly and Monthly

     

    Sample illustration of premium amount in Bharti AXA Secure Confident Plan

    The below illustration is for a healthy Male (non-tobacco user) opting for a Sum Assured = Rs. 10 lakhs and Policy Term = 25 years

     

    Bharti Axa Secure Confident Sample Premium  

      

    Additional Features and Benefits of Bharti AXA Secure Confident Plan

    Riders – There are 2 riders available with this plan

    1. Accidental Death and Disability Benefit Rider and

    2. Critical Illness Benefit Rider

     

    What happens if?

    • You stop paying the premium - If the policy holder 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.
    • You want to surrender the policy – There are no surrender benefits under this term plan.
    • You want a loan against your policy – Loan facility is not available under this policy.




     

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