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Bharti AXA Life eProtect


This term insurance policy can only be purchased online. It offers premium discounts to non-smokers and those seeking high value cover.

What does it do?

This is a pure term plan that pays sum assured to the nominee in case of  insured member’s death. The plan will pay Rs 1 lakh within 48 hours of a claim, provided the policy has been effective for at least two years, which is a USP of this plan.


The policy will pay Rs 1 lakh within 48 hours of a claim and has low premium rates for women and non-smokers.
Policies with sum assured over Rs 50 lakh get a high value premium discount.
Premiums paid towards this policy qualify for tax deduction under Section 80C.


Minimum sum assured is Rs 25 lakh.

Suited for

This is an easy-to-buy, hassle-free policy to be purchased at your convenience.
Non-smokers can benefit from the premium discount offered by the policy.

Our View

The immediate release of a part of the claim amount is a great feature to consider, especially for those with tight cash flows and dependents.
Check the premium rates for sum assured above Rs 50 lakh to avail high value discount.

Entry Age (years) 
Maximum Maturity Age (years)60
Policy Term (years) 
Sum Assured (Rs) 
MaximumNo limit
Premium Payment FrequencyYearly, Half-Yearly
Premium Payment TermEqual to Policy term
Premium Factor (multiply with annual premium)0.52 for Semi Annual
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 all modes . 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 5 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 Service 
AddressBharti AXA Life Insurance Company Limited, Unit 601 & 602, 6th Floor, Raheja Titanium, Off Western Express Highway, Goregaon (East), Mumbai 400 063
Mail To[email protected]
Call On1800 200 0048
Annual Premium Option for Male
Policy Term (in years)Age (in years)
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)
Figures indicate premiums on a Rs 40 lakh policy across different age over different policy tenures exclusive of service tax.