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Bharti AXA Life Elite Secure


This is a pure term insurance policy that can covers an individual till 75 years of age. The scope of cover can be increased by adding two riders- critical illness and accident death and disability rider.

What does it do?

Policyholders have the choice to opt for policy terms in 5, 10, 15, 20 or 25 years or till policyholder turns 75. It will pay Sum Assured to nominee upon unfortunate demise of the insured person.


Women can avail lower premium rates. Available riders can cover wider risks.
Premiums paid towards the policy qualify for taxation benefits.


One has to take a minimum sum assured of Rs 25 lakh with this policy, which is not suitable for anyone in need of a lower cover.

Suited for

The policy is suitable for those committed to support dependents at a later age as well.

Our View

This policy can provide insurance protection up to 75 years of age acknowledging the reality of better life expectancy.
The critical illness rider available with the policy is useful. It qualifies for tax deductions under Section 80D and automatically terminates when the policyholder contracts any of the listed diseases. Considering the rising healthcare expenses, this rider could supplement an existing health insurance plan.

Entry Age (years) 
Maximum Maturity Age (years)75
Policy Term (years) 
Maximum25/ 'To Age 75 years'
Sum Assured (Rs) 
MaximumNo limit
Minimum Premium (Rs) 
Premium Payment FrequencyYearly, Half-Yearly, Quarterly, Monthly
Premium Payment TermEqual to Policy term
Policy CoverCover remains same throughout the policy term
Other Features 
Free Look CancellationIn case, you are not satisfied, you may choose to cancel the policy within 15 days of receiving the policy documents. Upon such cancellation, you will be paid back the premiums, minus the cost of stamp duty, medical reports and proportionate premium for the period for which the risk was covered.
Grace PeriodYou are allowed to pay premiums within 30 days from the due date for Yearly, Half yearly and quarterly premium payment modes and 15 days in case of monthly premium payment mode.. If a due premium is not received within the grace period, your policy will lapse and the life insurance cover will be terminated.
Lapsed Policy ReinstatementYou can reinstate your lapsed policy any time (within 2 years from the due date of the first unpaid premium) by paying all the due premiums with interest and undergoing underwriting requirements, if any.
Tax BenefitsSection 80C, 10(10D) of the Income Tax Act, 1961 would apply.
ExclusionsIn case of death by suicide during the first policy year, or within one year from the date of reinstatement, no death benefit is payable.
Customer ServiceBharti AXA Life Insurance Company Limited, Unit 601 & 602, 6th Floor, Raheja Titanium, Off Western Express Highway, Goregaon (East), Mumbai 400 063
Customer Service 
Mail To[email protected]
Call On1800 102 4444
SMSService' 56677
Available Rider(s)Accidental Death and Disability Benefit Rider: Death due to accident.
Permanent total disability as a result of an accident.
Critical Illness Benefit Rider: It covers 6 critical illnesses namely: Cancer, Heart Attack, Stroke, Total kidney failure, Major organ transplant and bypass surgery.
Rider Premium (Rs)Rider premiums vary for each policyholder.However, the sum of all rider premiums excluding critical illnes rider premium should not exceed 30% of the base policy premium. The premium for critical illness rider should not exceed base policy premium. For instance, if a 30-year old opts for the Critical Illnes rider for Rs 5 lakh sum assured over a 10 year tenure; the annual Critical Illness rider premium works to Rs 1160 and Rs 675 per annum in case of Accidental Death and Disability Benefit Rider.
Annual Premium Option for Male
Policy Term (in years)Age (in years)
'To age 75'131201572019360243203088039560507206580086120
Figures indicate premiums on a Rs 40 lakh policy across different age over different policy tenures exclusive of service tax.
Annual Premium Option for Female
Policy Term (in years)Age (in years)
'To age 75'110001284015440190802396030400387204936063160
Figures indicate premiums on a Rs 40 lakh policy across different age over different policy tenures exclusive of service tax.