Bharti AXA Life Insurance Company Limited
Bharti AXA Life Premier Protect Plan
UIN 130N096V01We don't sell this — we'll still recommend if it fits
The dealbreaker fields (term life)
Sum assured (max)
—
Claim settlement (CSR)
95.5%
Claims TAT
[object Object] days
Suicide exclusion
12 months
Payout options
Lumpsum · Monthly Income · Lumpsum + Monthly Income
Premium payment
Regular · Limited · Single
Policy term
10–40 yrs
Surrender value
no
Free look
15 days
What this plan does well
- 11x Annualised Premium minimum on Death Benefit (industry-leading vs LIC Tech Term 7x, HDFC C2P Super 10x)
- Increasing SA option — 3 life milestones × 50% = up to 100% cumulative cover increase without medical exam
- 3 Death Benefit Payout Options — Lumpsum / Monthly Income / Lumpsum + Monthly Income
- Monthly Income option — 1.04% of SA per month for 10 years
- Limited/Single Premium acquire Surrender Value (Regular does not)
- Death claim TAT 15 days (non-investigation)
- Free Look 15 days with eIA-aware computation
- Grace 30 days
Watch out for
- Free Look only 15 days (vs LIC Tech Term + HDFC C2P Super 30 days)
- Regular Premium has NO Surrender Value (industry standard for term, but vs LIC Tech Term Limited gets Unexpired Risk Premium Value)
- Revival 2 years (vs LIC Tech Term 5 years)
- No Paid Up benefit
- Suicide 80% premium refund only (industry baseline, no upside)
- No Critical Illness benefit in base (rider only)
- Bharti AXA Life CSR ~96% (lower than LIC ~98%, HDFC ~99%)
Is this the right plan for you?
Run the 30-second cover calculator. We'll tell you whether this plan, or a different one, is the better fit.
Find my right cover →We don't directly sell this plan today. If our verdict says this is your best fit, we'll point you to a broker who does — and tell you our paired listed alternative so you can decide.