Bharti AXA Life Grameen Jeevan Bima Yojana Plan Benefits, Features, Details, Review

Bharti AXA Life Grameen Jeevan Bima Yojana Plan – Bharti AXA Life Grameen Jeevan Bima Yojana Plan is a comprehensive health insurance services plan that offers protection to the entire family. The coverage includes hospitalization, surgery, maternity care, child health care, and more. The plan offers multiple options to choose from, including cashless medical expenses, primary and secondary health insurance, and more. You can also choose to avail the plan as an individual or a family. To know more about the plan, visit the website or call toll-free number 1888-1200-0088.

Private life and general insurance company Bharti AXA Life is based in Mumbai, Maharashtra. It is a joint venture between AXA, one of the largest multinational financial and wealth services companies, and the Indian conglomerate Bharti Enterprises. There are many different types of Bharti AXA Life insurance policies to choose from. Customers can choose from traditional plans, investment plans, and child plans, among other options, to protect their children. A brief summary of the Bharti AXA life insurance products that are available is provided here.

Bharti AXA Life Grameen Jeevan Bima Yojana Plan

Bharti AXA Life Grameen Jeevan Bima Yojana (BALGY) is a life insurance product with an annual premium of Rs 500. The product is available at select branches of the multinational insurer Bharti Airtel. It has been designed as a life insurance product for the unbanked and underprivileged segment of the population. The product provides cover for death due to any cause, including natural causes, accidental death, suicide, and old age. The premium is payable annually in four equal instalments.

The Bharti AXA Life Grameen Jeevan Bima Yojana is a plan to insure your family’s financial future in the event of your death at affordable premiums. You can choose from a variety of policy and premium payment options. Under the Bharti AXA Life Grameen Jeevan Bima Yojana, you can also choose to have the premium returned to you if you want to. The policyholder is free to choose whether they want the insurance to be just protection or protection with a return on their premium. Want to know more about Bharti AXA Life Grameen Jeevan Bima Yojana benefits.

Bharti AXA Life Grameen Jeevan Bima in India 2024 Details

Bharti AXA Life Insurance Benefits

If you’re planning on getting life insurance, there are a few things you should know. One of the most important is that Bharti AXA offers a wide range of benefits that can suit your needs. From accidental death cover to critical illness cover, we have something for everyone. Plus, our policies are designed to help you protect your family no matter what happens. So if you’re looking for life insurance, your best bet is definitely Bharti AXA.

• A Wide Selection of Plans: Bharti AXA Life Insurance Company offers a variety of life insurance plans such as term insurance, savings, investment, health, group, and micro-life insurance plans online as well as offline to their customers.
• Excellent Service to Customers: Customer service at Bharti AXA Life Insurance Company is excellent. Fairness, consistency, agility, and adaptability are among the virtues.
• Tax advantages: Under Section 80C of the Income Tax Act of 1961, Bharti AXA Life Insurance plans provide tax benefits for regular premium payments.
• Cost-Effective: Plans from Bharti AXA Life Insurance are quite affordable and provide comprehensive coverage for a reasonable premium.
• Flexibility: You can choose to pay your premium on a monthly, quarterly, half-yearly, or annual basis depending on your convenience.
• Riders:  The policyholder of Bharti AXA Life Insurance has the option to add special riders that enable additional benefits in certain situations.

Bharti AXA Life Grameen Jeevan Bima plans

Bharti AXA Life Grameen Jeevan Bima plans to provide life insurance cover for jeevan bima (transgender) community in India. The company is also working on a product that will let transgender people change their gender on their profile without the need for a surgery.

• Bharti AXA Life Insurance Term Plans,
• Life Insurance Plans for Children,
• Insurance Plans for Savings Bharti AXA Life
• Plans Bharti AXA Life Insurance for Investment,
• Life Insurance Bharti AXA Plans for Protection,
• ULIP Bharti AXA Life Insurance Plans ,
• Retirement Bharti AXA Life Insurance Plans for

AXA Bharti Life Insurance Term Plans

Bharti AXA Life Grameen Jeevan Bima has announced a new health insurance product – Bharti Jeevan Bima Aajeeb. The product is aimed at providing affordable health coverage for the self-employed and small business owners across India. The product will be available in the form of both an individual and family health insurance plan. It will also offer dental, hospital, and emergency services.

The Bharti Axa Life Insurance Company Limited offers the following term life insurance plans:

1. Bharti AXA Life Flexi Term Plan

Features:

• Age of Entry: From the age of 18 to 65,
• the maximum age at maturity is: 85 years
• Guaranteed: a minimum of Rs. Premium Payment of 10 Lakh
• Premium Mode: Regular payment Monthly, semi-monthly, quarterly
• annual policy terms: Min age 10,15 20,25 years to Max 60,65,75,85

Key Benefits:

• Bharti AXA Life Flexi Term plan is a full and comprehensive term plan that comes with critical illness benefits, death benefits, tax benefits, etc. You have complete control over the plan thanks to a number of options.
• This plan covers you for your entire financial future at affordable premiums, and it covers you for various important life events.

2. Bharti AXA Life Saral Jeevan Bima Plan

Features:

• Age of Entry: From the age of 18 to 65,
• the maximum age at maturity is: 70 years,
• guarantee: Premiums ranging from Rs. 5 lakh to 50 lakh:
• Premium Mode: Single payment, limited payment, and regular payment Monthly,
• semi-monthly annual policy terms: From the age of 5 to 40

Key Benefits:

• The Bharti AXA Life Saral Jeevan Bima Plan provides coverage at a variety of crucial life stages and offers financial protection at affordable premiums.
• offers women special premium rates and a variety of policy term and premium payment term combinations.
• As per the Income Tax Benefit Act of 1961, receive tax benefits on premium payments.

3. Bharti AXA Life Premier Protection Plan

Features:

• Age of Entry: From the age of 18 to 65,
• the maximum age at maturity is: 75 years,
• guaranteed sum: a minimum of Rs. Premium Payment: Up to fifty thousand dollars
• Premium Mode: Regular pay, one-time pay, and limited pay Monthly
• Semi-Annual, and Annual Policy Term: From the age of 5 to 40

Key Benefits:

• Bharti AXA Life Head Assurance Plan offers you complete adaptability through a few choices.
• This plan offers the decision of different approach terms going from 10 years to mature 75 years with various premium installment terms.
• This plan offers monetary insurance to your family as well as offers the choice of expanding security at significant achievements.

4. Bharti AXA Life Grameen Jeevan Bima Yojana Plan

Features:

• Age of Entry: From the age of 18 to 60,
• the maximum age at maturity is: 65 years,
• guaranteed sum: a minimum of Rs. Premiums ranging from 10,000 to 2 lakhs:
• Monthly, Semi-Annual, and Annual Policy Term: From the age of 5 to 10,

Key Benefits:

• In the event of death, the Bharti AXA Life Grameen Jeevan Bima Yojana Plan is a non-linked, non-participating life term microinsurance plan that provides life insurance.
• This plan provides a return of premium option where 100% of the premiums paid are returned at the end of the policy term as a lump sum.
• You can choose between two plan options with this plan: protection with a return of premium and pure protection.

5. Bharti AXA Life Smart Jeevan Plan

Features:

• Age of Entry: From the age of 18 to 50,
• the maximum age at maturity is: 62 years Total Guaranteed:
• a minimum of Rs. From 50,000 to 50,000 in
• premium payments: Premium Mode for 12 years
• Monthly, Semi-Annual, and Annual Policy Term: 12 years

Key Benefits:

• The return of premium option offered by this plan allows for a one-time payment of 100 percent of the premiums paid at the end of the policy term.
• For a small premium, this plan provides 12-year family protection in the event of an unexpected event.
• It makes premiums simple and affordable. And no lengthy underwriting procedure involved to get insured.

Bharti AXA Life Insurance Savings Plans:

Below are the Savings Plans offered by the Bharti AXA Life Insurance Company Limited:-

1. Bharti Axa Life Shining Stars Plan

Bharti AXA Life Shining Stars Plan is a non-linked and non-participating, and limited pay endowment life insurance plan. For a child insurance policy, it is a great option for short-term investments.

Features:

• Age of Entry: Between the ages of 18 and 56,
• the maximum age at maturity is: 80 years,
• guarantee: Premium payments up to a maximum of Rs. 50,000 may be made.
• Term: From seven to fifteen years Premium Mode:
• Monthly, Semi-Annual, and Annual Policy Term: From 12 to 20 years

Key Benefits:

• You can choose your preferred policy term and payment term in the Bharti AXA Life Shining Stars plan.
•  You can choose two maturity pay-out options one is Flexi pay-out option and another one is the annual pay-out option at the time of inception.
• In addition to providing life insurance and tax benefits, this plan provides comprehensive financial protection at reasonable premiums.

2. Bharti Axa Life Elite Advantage Plan

A comprehensive long-term savings plan with two advantages is the Bharti Axa Life Elite Advantage Plan. With high returns, this is one of the best investment plans.

Features:

• Age of Entry: Maximum age at maturity : 65 years, minimum age for 10 years PT, maximum age for 12 years PT.
• Sum Assured: 75 years for 10 years PT and 77 years for 12 years
• PTUsing the Minimum Premium Payment Term: Five, seven, and twelve years Premium Mode
• Policy Term: Annual, semi-annual, and quarterly12 years, 10 months

Key Benefits:

• Benefits under the Bharti Axa Life Elite Advantage plan are guaranteed at regular intervals and in a lump sum at maturity.
• You can select your preferred policy term and payment term in this plan.
• In addition to providing life insurance and tax benefits, this plan provides comprehensive financial protection at reasonable premiums.

3. Bharti Axa Life Super Series Plan

Individual life insurance savings plan Bharti Axa Life Super Series Plan is not linked and does not allow for participation. An annual increase in guaranteed income is provided by this plan.

Features:

Key Benefits:

• From the end of the premium payment term, you can get guaranteed cashback every year with this plan.
• Guaranteed maturity additions, benefits upon maturity, death benefits, and tax advantages are provided by this plan.
• There are three options for the super series: super 6, super 7, and super 10.

4. Bharti Axa Life Guaranteed Income Pro Plan

Features:

• Age of Entry: Between the ages of 0 and 65,
• maturity age: Sum Assured: Between 18 and 84 years age
• Premium Mode: From Rs.25,000 to no limit Monthly,

Key Benefits:

• You can get back the amount you paid for your premium with the Bharti Axa Life Guaranteed Income Pro Plan.
• You can also choose from multiple options to meet your needs.
• With this plan, you can increase your financial security with guaranteed annual additions and get tax benefits.

5. Bharti Axa Life Super Endowment Plan

The Bharti Axa Life Super Endowment Plan is an individual savings plan for life insurance that is not linked and does not participate. Your wealth is built through this plan, which also helps you meet your current and anticipated costs.

Features:

• Age of Entry: Minimum of two years for 16-year-olds and 91 days for 18- and 20-year-olds,
• with a maximum age of sixty Maximum of 80 years
• Guaranteed Sum: Premium payments up to a maximum of Rs. 50,000 may be made.
• Term Premium Mode: 8 years, 9 years, 8 to 15 years Monthly,
• semi-monthly, quarterly, and annual policy terms: sixteen, eighteen, and twenty years

Key Benefits:

• With the Bharti Axa Life Super Endowment Plan, you can choose the premium payment terms that best suit your needs.
• A death benefit, maturity benefit, survival benefit, tax benefit, and other benefits are provided by this plan.
• You can pay more for life insurance to cover more people.

Bharti Axa Life Insurance Child plans:

1. Bharti Axa Life Child Advantage Plan

The Bharti Axa Life insurance Child Advantage Plan is a traditional savings plan with two maturity benefits—money back and endowment—and a built-in premium waiver benefit.

Features:

• Age of Entry: From the age of 18 to 55, the maximum age at maturity is: Maximum of 76 years Guaranteed Sum:
• Premium Mode: From Rs.25,000 to no limit Monthly, semi-monthly,
• quarterly, and annual policy terms: 11 to 21 years of
• premium payment duration: same as strategy term for Ordinary compensation, strategy term short 5 for restricted pay

Key Benefits:

• You can choose the policy terms that best suit your needs with this plan.
• In order to ensure that the children will not face financial difficulties following their parents’ deaths, this plan includes a premium waiver benefit.
• Select payout options based on the child’s career objectives.

Documents Required to Buy Bharti AXA Life Insurance

• Age proof: age proof such as Voter Card, Pan Card, Driving license, etc.
• Address evidence: address documents like a utility bill, passport, voter ID, or Aadhar card
• Photo ID Verification: Identity documents with photos, such as a PAN card, Aadhar card, or driving license,
• Income Proof: The salary slip, tax return, employer’s certificate, or Form 16 may serve as the income proof.
• Medical Reports: clinical testament relying upon the announcements made by the candidate in the proposition structure.

Bharti AXA Life Insurance Claim Process

Online Claim Process:

• Go to the official Bharti AXA Life Insurance website.
• Create an online claim or send an email.
• Complete the form completely and attach the necessary documents.
• Submit the online form The company will evaluate the claim and verify the documents following submission.You
• will receive regular emails and messages to keep you informed. The claim amount will be deposited into the registered bank account if it is genuine.

Also read-1 Crore Term Insurance Plan

Offline Claim Process:

• Calling the customer service number or visiting the Bharti AXA Life insurance branch office closest to you is the first step.
• Request a claim form from the agent, complete it, and attach the necessary documents.
• Send the necessary documents along with the form if you require assistance. Call Bharti AXA Life Insurance customer care number to check the status of your claim post-registration.

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