Bharti AXA Life Insurance launches comprehensive protection plan ‘Flexi Term Pro’ with coverage up to 99 years
Unveils one year term plan to explore new avenues
cityairnews
Feb 23, 2021 11:09
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Mumbai: Bharti AXA Life Insurance, a joint venture between Bharti Enterprises, one of India’s leading business groups, and AXA, one of the world’s largest insurance companies, today announced its new-age and comprehensive protection solution, Bharti AXA Life Flexi Term Pro, that offers option to cover the life up to 99 years and provides a customized shield with multiple flexibilities to financially secure the insured and his/her family.
Bharti AXA Life Flexi Term Pro is a non-linked, individual, non-participating pure protection plan that also offers One Year Term and tele-medical underwriting option to individuals as a key differentiator in the domestic insurance market.
With the novel term plan, the company introduced quit smoking and stay fit benefits for customers with an additional discount of 5 per cent on the subsequent renewal premium. The new protection solution stirs customers to get rewarded for a healthy lifestyle on quitting smoking and improved health status and reduce policy premium under the ‘Quit Smoking’ and ‘Stay Fit’ benefits before the third policy anniversary and the second policy anniversary, respectively.
Unveiling the wide-ranging life security solution, Mr. Parag Raja, Managing Director and Chief Executive Officer, Bharti AXA Life Insurance, said, ‘’The ongoing Coronavirus pandemic has made people aware about the need for financial protection and obligations in the uncertain life and set term insurance a crucial component in their portfolio, which was not the same a few years ago. We designed Flexi Term Pro with multiple features and options that help people insure their life and earn financial security for their families as per the preference and needs. Further, the value-loaded protection solution also caters to the evolving life stage needs of our customers. We believe that quit smoking and stay fit benefits are game-changing characteristics that will redefine the protection insurance market in India.’’
