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Bharti AXA Life launches “Young India” Traditional Insurance Plan

Bharti AXA Life Insurance, the private life insurance joint venture between Bharti Enterprises and AXA, the world’s largest insurance company, today announced the launch of its new traditional life insurance plan – Bharti AXA Life Young India Plan.

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Bharti AXA

This plan is part of the company’s “Strategy of Proof” framework that is predicated on redefining the life insurance category through a set of tangible product propositions aimed at meeting the customer’s lifestage needs. Here are some salient features of the Young India plan:

  • Flexi Cover: The feature provides for an increase of upto 25 times the base Sum Assured on reaching the milestones of marriage and child-birth, without any additional medical tests

  • Good Times Money Back Option: The policy holder may opt to receive lump sum payouts on key milestones of his choice during the policy period

  • Waiver of Premium: The policy holder can opt for a premium waiver facility, whereby all future premiums on the policy are waived-off incase of an unfortunate demise of the policyholder

  • Maturity Benefit: The policy holder will be eligible to receive 200 per cent of base Sum Assured, along with accrued annual Reversionary Bonus, if any.

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