Bharti gives an option of two simple term plans at industry’s one of the best premiums viz. Bharti AXA Life eProtect+ and Bharti AXA Life eProtect. One can buy these plans online too without much paperwork. The plans also include tax benefit of the insured on premiums.
Terminal benefits and features of Bharti AXA Life term plans:
Let’s suppose Mr. A, 32 years of age is an employee in an MNC and is a non smoker, who opted for e protect plan with a term of 28 years. The sum assured opted by him is Rs. 1 crore for which an amount of around Rs. 8,000 needs to be paid as premium of the plan. Now, in case of unfortunate death of Mr. A, his nominee is entitled to receive a compensation of Rs. 1 crore. Paying premium won’t be required after his death.
The features of the plan are described as below
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