- About Coverfox
Bharti AXA Life Premier Protect Plan is a non-linked non-participating life term insurance plan offered by Bharti AXA Life. This plan is designed to take care of your family’s future in case of your unfortunate demise.
The key features of this plan are:
The key benefits of this plan are:
The eligibility criteria for this plan are:
|Minimum Age at Entry||18 years age last birthday|
|Maximum Age at Entry||65 years age last birthday|
|Maximum Age at Maturity||
75 years age last birthday for Single Pay
80 years age last birthday for Limited and Regular Pay
|Minimum Sum Assured||Rs. 25,00,000|
|Maximum Sum Assured||No such limit|
|Policy Term & Premium Payment Term||Premium Payment Option||Minimum Policy Term||Maximum Policy Term|
|Single Pay||10 years||35 years|
|Limited Pay (5 year & 10 year PPT)||
5 year PPT - 10 years
10 year PPT - 15 years
|Regular Pay||10 years|
|Premium Payment Mode||Annual, semi-annual, quarterly & monthly|
Premium applicable depends on the age, gender, policy term, premium payment term and smoker status of the policyholder.
For monthly premium payment mode policies, the insurer may accept three months premium in advance only on the date of commencement of the policy.
The following documents are required for this plan-
Buying a protection plan for your family has a lot of benefits. Bharti AXA provides excellent claim settlement services along with cashless facilities across a large number of network hospitals. This plan is specifically designed to protect your family against any uncertainty in your absence.
Suicide Exclusion - In case of death of the policyholder due to suicide within 12 months from the date of commencement of risk or from the date of revival of the policy, the family beneficiary of the policyholder will be entitled to at least 80% of the total premiums paid till the date of death or the surrender value available as on the date of death, whichever is higher.
What is the difference if I purchase a plan from an aggregator?
Is there an alternative document for income proof?
No. Form 16, bank statements and salary slips are mandatory for proof of income.
Can I get a copy of my health report?
Can I purchase a plan if I do not work in an organisation and have my own business?