Life Insurance

Bharti Axa Life Elite Secure Elite Secure

Death Benefit The Sum Assured on death will be the higher of:

- Sum Assured on Maturity, or
- 11 times Annualised Premium, or
- 105% of all premiums paid (excluding any additional charges as levied by the Company over and above the standard premium rates)
Survival Benefits Guaranteed Payout - A percentage of Sum Assured on Maturity is paid during the Maturity Payout Period
Sum Assured - 100% of Sum Assured on Maturity is paid at the end of 20th year
Income Tax Benefits Premiums paid: Tax Benefits under section 80C of the Income Tax Act; Death Benefit: Tax Benefits under section 10(10D) of the Income Tax Act
Premium Payment Frequency Monthly, Quarterly, Half Yearly, Yearly, Single
Exclusions Suicide: Suicide in the First Year, Sexually transmitted diseases


Minimum Entry Age 8 years for 10 year Policy Term
6 years for 12 year Policy Term
The risk coverage will start immediately on policy commencement for all lives including minors
Maximum Entry Age 65 Years
Policy Term (Years) 75 Years for 10-year policy term
7 years for 12-year policy term
Policy Term (Years) 10 and 12 years
Premium Paying Term 5 years for 10-year policy term
7/12 years for 12-year policy term


Bharti AXA Life Hospi Cash Rider This rider allows payment of a fixed benefit for each day of hospitalisation. It also offers a fixed amount benefit if you are admitted in an Intensive Unit Care or a lump sum benefit in case of surgery.
Premium Waiver rider 100% of all future premiums under the base policy are waived and paid by the company on the death & total permanent disability or critical illness of Proposer, depending on the chosen option.
Bharti AXA Life Accidental Death Benefit Rider This is a non-linked and regular pay rider that provides 100% Sum Assured in case of death of the Life Insured due to an accident subject to the rider policy being in-force.

Other Features


Loan under Policy

This Bharti Axa Life Elite Secure policy gives flexibility to take loan from the company. This is only possible if your policy is in force and has acquired surrender value. The loans given under the policy are as per provisions under the policy. Maximum loan amount will not exceed 70% of Surrender Value.


Grace period

Grace period is the period given to you from your premium due date, to pay the premium without any impact on the benefits in your policy. Grace Period for all modes is 30 days.