Bharti AXA Life Flexi Term Pro Features, Claim Settlement Ratio & Financial Ratios

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Bharti AXA Life Flexi Term Pro

Financial Ratios35 /100
Product Features88 /100
Price87 /100Priced Low
Claims Experience76 /100

1 Finance Score:74 /100

1 Finance Rank:This policy ranks 13^th out of 17 policies for your age group.

Product Features

Maximum Maturity AgeUp to 99 Years
Premium Payment Mode Regular, Limited and Single Pay
Premium Payment FrequencyAnnual, Half-yearly, Quarterly, Monthly
Death Benefit Payout OptionLump-Sum and Monthly

Financial Ratios

Solvency Ratio1.63 times
13th Month Persistency Ratio (No. of Policies) 64.00%
61st Month Persistency Ratio (No. of Policies) 37.00%
Commission Ratio6.40%

Claims Experience

Claim Settlement Ratio (CSR)- Value of Claims98.09%
Claim Settlement Ratio (CSR)- No. of Policies99.10%
Number of Registered Claim Complaints151 Complaints per 10,000 Claims
Ageing of Claims (AOC) - Average (No. & Amount)90% Claim Score

About Bharti Axa Life Insurance Company Limited

Bharti AXA Term Insurance, a leading Indian life insurer, is a joint venture between Bharti Enterprises, a prominent Indian conglomerate (74% ownership), and AXA Group, a global investment banking corporation headquartered in Paris (26% ownership).

FOUNDED IN2006
CEOParag Raja
HEADQUARTERSMumbai, India
AUM₹12,370.07 Cr
PREMIUM UNDERWRITTEN₹2,908.30 Cr

Featured Plans

Looks like your policy serves you well! There’s a lot more to financial planning, like understanding your behaviour and seeking sound advice.

Know what impacts your money choices

Did you know?

Term insurance is one of the most affordable types of life insurance and offers extensive coverage at a remarkably low cost.

Term insurance premiums vary based on age, gender, health, and lifestyle choices.

Commencing term insurance at an early age locks in lower base premiums for the entire policy duration.

You can enhance term insurance with additional riders, such as Waiver of Premium on critical illness and accidental disability.

Term insurance provides tax-free lumpsum payouts to financially support your family in case of your untimely demise.

Term insurance plans offer flexible premium payment options for your financial convenience.

Disclaimer

1 Finance Private Limited is not regulated by the Insurance Regulatory and Development Authority of India (IRDAI) and has no alliance or association with any Insurance companies. The Information contained above in the scoring and ranking model is provided solely for general interest, educational and informational purposes only and may not constitute any kind of advice.

The information for this report was compiled using information from insurance company websites, product brochures, policy wordings, IRDA Annual Reports, and publicly available data. Insurance is the subject matter of solicitation. It’s important to conduct your own research and analysis before making any financial decisions. If you're unclear about what to do, we advise consulting with an impartial advisor.