Bharti AXA Life Insurance Company has a number of group plans on offer. These group plans has been designed to help employers/trusts with meeting their employee benefit as well as liability obligations in an efficient, simple and cost-effective way. It helps employees to secure their family’s financial liberty in the event of premature demise or critical illness.
Bharti AXA Life Group Suraksha is basically is a low cost, simple, one year renewable group term insurance policy which has been designed for institutions, co-operatives and NGO’s operating in social and rural sectors. Check out the special benefits of the plan below.
- The policy protects families of group members
- The Sum Assured is payable by Bharti AXA Life to the beneficiary on the death of the Life Insured.
- You can have ease of buying with this policy since there’s no requirement for medical underwriting.
- You have the freedom to choose Sum Assured from Rs. 5,000/- up to Rs. 25,000/- on the basis of the group’s requirement.
- It offers the alternative of paying premium in monthly, quarterly, half-yearly or yearly modes.
Bharti AXA Life Loan Secure plan is a customizable and comprehensive credit protection plan that has been developed to provide you with joint coverage for various loan segments under a single policy. In this way your family will not have the load of paying off your liabilities in case something unfortunate happens to you. Check out the special features and benefits of the plan below:
- The plan basically requires you to pay a single Premium against which it covers credit liability like loans.
- This Group Credit Life product from Bharti AXA offers coverage for a wide range of loans like LAP, mortgage, auto, and so on.
- The policy also offers Life Insurance cover which decreases in the same percentage as your liability decreases.
- You can avail Tax benefits on the paid Premiums as well as on the received benefits.
Bharti AXA Life Jan Suraksha is a group life insurance product that has been mainly designed for micro-financial institutions providing small ticket loans to the self-employed individuals, NGOs or similar institutions working for growth of the economically weaker segments of the society.
- The policy offers protection for your group members. The death benefit is paid to the beneficiary in case of the death of the life insured.
- Spouse Cover: This plan comes with the option to opt for a spouse cover alongside.
- Single Premium: You can pay a single lump sum premium for the whole year.
- Enjoy Tax Benefits on the Premiums paid, as well as on the benefits received: Under the Income Tax Act, 1961, you can avail Tax benefits. However, they are subject to change as per change in tax regulations from time to time.
Bharti AXA Life Smart Bima is a comprehensive and flexible group term life insurance plan. It comes with a death benefit as well as the alternative of paying premiums in annual premiums or monthly installments.
- The policy offers life Insurance coverage at a small premium amount
- You will have the option to pay the premium as monthly installments or annual premium
- You can experience the ease of buying as members do not have to undergo any health checkup or examination to buy the plan. It only requires you to give a declaration of good health
- You can choose Sum Assured from Rs. 5,000/- up to Rs. 5,00,000/- as per the group's requirement