• Bharti AXA Life Invest Once Plan

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    Plan Benefits

    Payment Options

    Policy Coverage

    Customer Service

    Overview

    Today’s lifestyle demands more out of each and every aspect of life. The same holds true for financial matters too. When looking for a suitable financial product, customers want not only an instrument that will ensure regular savings but also one that would offer optimum capital growth. Bharti AXA Life Invest Once insurance scheme is a great insurance product that ensures not just standard savings but also offers protection against unforeseen events like death of the policyholder. Not just that, you can also avail tax benefits on this scheme which makes it a truly holistic financial product. Bharti AXA Life Invest Once is non-participating, non-linked, single premium endowment plan.

    Eligibility Criteria for Bharti AXA Life Invest Once :

    Listed below are the minimum and maximum entry age for the Bharti AXA Life Invest Once.

    Minimum Entry Age

    Maximum Entry Age

    Maximum Maturity Age

    8 years for policy term 10 years

    13 years for policy term 5 years

    55 years

    60 years for policy term 5 years

    65 years for policy term 10 years

    Key Features of Bharti AXA Life Invest Once

    Listed below are some of the most important features of Bharti AXA Life Invest Once:

    The table below depicts the key features of the SBI Life Smart Guaranteed Savings Plan.

    Plan type

    Non-Participating Non-unit-linked endowment insurance plan.

    Plan basis

    Individual

    Premium paying terms

    Single Premium

    Policy term

    5 years and 10 years

    Premium payment Mode

    Yearly

    Grace period

    30 days from the expected date of payment of premium

    Free Look Period

    15 days from the date of availing the policy

    Nomination

    Nomination facility is available under section 39 of the Insurance Act, 1938

    Minimum Sum Assured

    Minimum sum assured depends upon the minimum premium paid by policyholder

    Policy coverage

    Death benefits and maturity benefits.

    Death Benefits:

    In the event of death of the policyholder, the higher of below three will be paid to the customer -

    1. Sum assured chosen by policyholder
    2. Sum assured on maturity
    3. 125% of single premium plus mortality premium (for policyholders aged below 45 years at the time of policy inception)

    or 110% of single premium plus mortality premium (for policyholders aged above 45 years at the time of policy inception)

    Maturity Benefits: In the event of survival of the policyholder beyond the policy term, maturity benefit equal to 100% of the premium paid till maturity plus guaranteed additions accrued shall be payable to the policyholder

    Minimum Annual Base Premium Amount

    Rs.5000 per annum

    Maximum Annual Base Premium Amount

    No Limit

    Guaranteed Additions as a % of Base Single Premium

    7% for 5 year term

    9% for 10 years term



    Benefits/Advantages of Bharti AXA Life Invest Once

    Bharti AXA Life Invest Once offers some unique features and benefits to its customers.

    • Tax benefits: Premium paid under the Bharti AXA Life Invest Once scheme are subject to tax exemption under section 80C of the Income Tax Act, 1961.
    • Guaranteed Additions: Guaranteed additions are applicable of premium paid towards Bharti AXA Life Invest Once policy. These additions are calculated as a percentage of the single premium paid by policyholders. Guaranteed additions are paid at the time of maturity and these vary as per the policy term chosen.
    • Enhanced Life Cover: In case you wish to avail a higher life cover than that offered by the policy, you can make additional premium payments under mortality premium and enjoy enhanced protection.
    • Flexibility to choose policy term: Two options 5 and 10 years are available as policy terms to be chosen from.

    How Does the Bharti AXA Life Invest Once Work

    Bharti AXA Life Invest Once is a single premium endowment plan that requires you to pay a one-time premium and then enjoy death and maturity benefits throughout the policy term. The scheme also offers you the option to enhance your life cover by paying an extra premium amount over and above your regular insurance premium. This extra amount is known as mortality premium and is dependent upon your age and the policy term.

    GST of 18% is applicable on life insurance effective from the 1st of July, 2017

    Bharti AXA Life Invest Once Reviews

  • Page 1 of 7 1 2 3 4 5
    • Bharti Axa Life Life Insurance
      "Best Policy Ever with Good Sum Assured Amount"
      0.5 5.0/5 "Blown Away!"
      Bharati - Axa policy is a death benefit policy. We will not get anything if nothing happened within the tenure of the policy. The family will get the amount if something happened to the policy holder. This a Term insurance Policy. I have been paying Rs.18000/ per year. The Sum assured amount is 1 crore. There is no others benefits. Total Tenure of the policy is 20 years. This is the best policy ever in the market
      Was this review helpful? 0
      , hyderabad
      Reviewed on May 03, 2018
    • Bharti Axa Life Life Insurance
      "Satisfied"
      0.5 4.0/5 "Great!"
      My life insurance is with Bharti-Axa. The services are good. It was quite easy to buy the policy. The tenure is for 15 to 20 years. The premium is paid on a quarterly basis. I can make my payments on time and it the sum assure is also good. It is beneficial too.
      Was this review helpful? 0
      , solapur
      Reviewed on Mar 23, 2018
    • Bharti Axa Life Life Insurance
      "Good insurance"
      0.5 4.0/5 "Great!"
      I have taken a life insurance policy with Bharti Axa. It is a good policy and am satisfied with the benefits. The customer was good. The total duration is 12 years and I have completed 5 years. I pay the premium through online. I am paying 50K per annum for this policy.
      Was this review helpful? 0
      , kolkata
      Reviewed on Mar 13, 2018
    • Bharti Axa Life Life Insurance
      "Average Policy"
      0.5 2.0/5 "Expected more"
      I have a term insurance with Bharti Axa from last 3 years and it is a average policy to use. The tenure of this term insurance is 20 years. I make my premium payments once in a year by net banking. Customer service is not up to the mark and they do not give the right information about the policy. I am happy with the coverage of this policy.
      Was this review helpful? 0
      , kolkata
      Reviewed on Mar 08, 2018
    • Bharti Axa Life Life Insurance
      "Good Investment"
      0.5 4.0/5 "Great!"
      I have taken around 5-6 Insurance policy from Bharathi Axa. I have been paying Rs.17000 as a premium for a year. They are giving me good return on it. It's a monthly Income plan. The return is a fixed one and as per market standards. Decent experience with them.
      Was this review helpful? 0
      , lucknow
      Reviewed on Mar 02, 2018
    • Bharti Axa Life Life Insurance
      "Excellent"
      0.5 4.0/5 "Great!"
      Taken a life insurance with BHARTI-AXA LIFE INSURANCE. The insurance is policy is good and plan benefits are really very good. The payment is done via online transfer. Also I have been paying rs 1,00,000 per year. The tenure period is for 15 years.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Feb 14, 2018
    • Bharti Axa Life Life Insurance
      "Best"
      0.5 5.0/5 "Blown Away!"
      Taken my life insurance with BHARTI-AXA LIFE INSURANCE, their response is great with them and I have not faced any issues with them till now. I have completed 10 years with them. Responsiveness and other features are really better one with the BHARTI-AXA LIFE INSURANCE.
      Was this review helpful? 0
      , chennai
      Reviewed on Jan 23, 2018
    • Bharti Axa Life Life Insurance
      "Good "
      0.5 4.0/5 "Great!"
      I am having the life insurance policy with the Bharti axa life insurance company and their response is fine one with them and I have not faced any issues with them till now. Responsiveness and other features are really better one with the Bharti axa life insurance company.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jan 18, 2018
    • Bharti Axa Life Life Insurance
      "One of the best"
      0.5 5.0/5 "Blown Away!"
      I do have life insurance policy with the Bharti Axa life insurance company and I have not made any claims with them. Its the term policy and the coverage value is around a crore of Rupees like I would say its really a huge one. Customer service is up to the mark with them.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jan 02, 2018
    • Bharti Axa Life Life Insurance
      "Reliable Insurance "
      0.5 4.0/5 "Great!"
      I have taken a Term Insurance with Bharti -Axa Life insurance.I pay the lowest premium compared to others but the benefits are huge unlike other companies.The premium amount is 8400.The policy coverage is 50 lakhs.I have this policy ten years ago.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Dec 13, 2017
    • Bharti Axa Life Life Insurance
      "Plan benefit should be increased"
      0.5 3.0/5 "Satisfactory"
      I am not happy about Plan benefits of Bharthi AXA life insurance, I used to make high premium for the policy cover but its not upto the mark. I paid the tenure of ten years, but I got some benefits, I would like to suggest them, they should increase their benefit of policy.
      Was this review helpful? 2
      , bangalore
      Reviewed on Dec 01, 2017
    • Bharti Axa Life Life Insurance
      "Good term policy"
      0.5 4.0/5 "Great!"
      I got this Insurance trusting the Rs. 1 Crore coverage provided by this company. I have been paying Rs. 7500 per year and doing it properly for the past 3-4 years. I have taken a term policy and am making the payment through online. The overall experience with them has been good.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 24, 2017
    • Bharti Axa Life Life Insurance
      "Good policy to use"
      0.5 5.0/5 "Blown Away!"
      I am having the Bharathi-axa life insurance policy for past 3 years. This policy has the term of Rs10years. I pay Rs, one lakh as premium to this policy. I pay the premium through ECS mode , it will get auto deducted from my savings account. I would say I got good policy to use.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 20, 2017
    • Bharti Axa Life Life Insurance
      "Average service"
      0.5 3.0/5 "Satisfactory"
      I have taken a life insurance with Bharati- Axa.I have been using it since 2012.I pay a premium amount of Rs 9000 annually.I make a payment through online.I get a policy coverage of 1 crore.The online service is good,comfortable to check for the updated information.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 17, 2017
    • Bharti Axa Life Life Insurance
      "Good policy to use"
      0.5 4.0/5 "Great!"
      Have life insurance policy with Bharathi axa for past one year . This policy has the tenure of 12years. I pay the premium of Rs,15000 every year, The customer support is good with Bharathi axa life insurance policy. I would say it is a very good policy to use.
      Was this review helpful? 0
      , guntur
      Reviewed on Nov 11, 2017
    • Bharti Axa Life Life Insurance
      "Good service"
      0.5 4.0/5 "Great!"
      I have the life insurance policy with the Bharti axa life insurance company and the customer service is good one for me. I would like to say that the policy coverage value is up to the mark and I really dont have any issues on it.
      Was this review helpful? 0
      , tiruchirapalli
      Reviewed on Nov 04, 2017
    • Bharti Axa Life Life Insurance
      "Good service"
      0.5 4.0/5 "Great!"
      I have taken a life insurance service with BHARATHI AXA it was about seven years I have taken one policy with BAHRATHI AXA and the payments where online staffs are good but I feel the policy and the charges are not as much as I expected from BHARATHI AXA.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Oct 31, 2017
    • Bharti Axa Life Life Insurance
      "Better policy to use"
      0.5 4.0/5 "Great!"
      Have the Bharathi axs life insurance policy for past 21years. The life insurance service is good with baharathi axa. I pay the premium of Rs,55,000 per year. This policy has the tenure of 25years. The customer support is good with bharathi axa.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Oct 25, 2017
    • Bharti Axa Life Life Insurance
      "Benefits are good"
      0.5 5.0/5 "Blown Away!"
      Bharti Axa life insurance is pretty good in the customer services. They send me reminders for the payments and it is easy to make the payments online as well. The tenure is for 25 years and the benefits and coverage for the policy is satisfactory.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Sep 25, 2017
    • Bharti Axa Life Life Insurance
      "Average "
      0.5 2.0/5 "Expected more"
      I am having the life insurance policy with the Bharti Axa life insurance policy because they used to not provide the proper response to the customer after getting the policy. Customer service is not really a good one with them and the plan benefits are good one but the executives are not up to the mark while it comes to the matter of services.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Sep 07, 2017
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