Bharti AXA Secure Confident Life Insurance Plan and Policy
Bharti AXA Secure Confident Life Insurance Plan and Policy - A simple long-term life insurance product at a very affordable cost, which aims to ensure that the dreams you aspired for your family in your lifetime, don’t remain unfulfilled even in your absence.
Key Features - Bharti AXA Secure Confident Life Insurance Plan and Policy:
- Premium to be paid is affordable.
- Multiple Policy Term options available under this policy.
Eligibility Details - Bharti AXA Secure Confident Life Insurance Plan and Policy:
| PARAMETER | MINIMUM | MAXIMUM |
| ENTRY AGE | 18 years | 55 years |
| MATURITY AGE | - | 60 years |
| SUM ASSURED | Depends on Premium | |
| POLICY TERM | 5 years | 25 years |
| PREMIUM | 1500 for yearly 780 for half-yearly 405 for quarterly 135 for monthly |
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| PAYMENT MODES | YEARLY, HALF-YEARLY AND MONTHLY | |
Benefits - Bharti AXA Secure Confident Life Insurance Plan and Policy:
Maturity Benefit
- Since this is a term plan, there is no maturity benefits available under this plan.
Income Tax Benefit
- Life insurance premiums paid to INR 100,000 are allowedas deduction from the taxable income each year under section 80C
Death Benefit
- On the occasion of the death of life insured, the nominee gets the sum assured mentioned for this plan
Exclusion - Bharti AXA Secure Confident Life Insurance Plan and Policy:
If the Life Insured, whether medically sane or insane, commits suicide resulting in death directly or indirectly as a result of such suicide within one year of the Issue Date; or one year of the date of the latest reinstatement of the Policy, the company shall pay the nominee or beneficiary of the policyholder 80% of the premiums paid till the date of death, provided the policy is in force
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