Bharti AXA Life POS Saral Jeevan Bima Yojana
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POS Saral Jeevan Bima Yojana

Bharti AXA Life POS Saral Jeevan Bima Yojana is a pure protection plan ...Read More

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📊 1.67 solvency ratio
✅ 99.18%% claim settlement ratio
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Bharti AXA Life POS Saral Jeevan Bima Yojana is a pure protection plan designed to provide life cover in case of policyholder death during the policy term. The plan comes with an in-built accidental cover idea for someone who has an on-road job.

Here are the key features of the above plan
  • Get a 5% guaranteed discount on your first year’s premium.
  • The plan offers premium payment term modes such as annual, semi-annual, quarterly, and monthly.
  • Get an extra payout on top of base cover in case of accidental death.
  • In this plan, you can only pay 3 months’ premiums in advance on the policy’s commencement date.

About POS Saral Jeevan Bima Yojana

A quick read on what this Bharti AXA Term Insurance term plan covers and why it might be a fit for you.

Bharti AXA Life POS Saral Jeevan Bima Yojana is a non-linked, non-participating, individual, pure-risk premium life insurance plan that offers lump sum death benefit from Rs.50,000 to no limit in case of demise of the life insured during the policy tenure. It provides a double sum assured to the nominee in case of the demise of the life insured due to an accident. The plan also has one of the highest policy issuance rates because no medical examination test is required for purchase.

Bharti AXA Life POS Saral Jeevan Bima offers you a range of benefits including:

  • Affordable Premium
  • Multiple Premium Payment Modes
  • In-built Accidental Cover
  • Tax Benefits as per laws
  • Double Sum Assured Option
  • Advance Premium Feature

Eligibility Criteria for POS Saral Jeevan Bima Yojana

Entry age
Entry age
Minimum Age - 18 years Maximum Age - 55 years
Maturity age
Maturity age
Maximum Maturity Age - 65 years
Policy term
Policy term
Minimum term - 10 years Maximum term - 25 years
Sum assured
Sum assured
Basic Sum Assured: ₹50 Thousands to no limit
Policy loan
Policy loan
The policy loan is not available under POS Saral Jeevan Bima Yojana Plan.
Payment Modes
Payment Modes
Annual, Semi-Annual, Quarterly, and Monthly

Pros & cons

A quick honest summary — the strengths and the trade-offs.

Pros

  • Double Sum Assured
  • No Medical Examination
  • Quick Policy Issuance

Cons

  • 1 Year WP for Suicide
  • No Policy Loans
  • No Maturity Benefits

Video reviews

Walkthroughs from the PolicyX team — pros, cons, real claim experiences and who should buy.

Bharti AXA Term Insurance Plans

Bharti AXA Term Insurance Plans

Bharti AXA, a joint venture of Bharti Enterprises from India and a French multinational insurance firm AXA, offers protection, savings, investments, health and group plans. Through this video, we have captured the term insurance plans offered by Bharti AXA.

Who can buy this plan

Eligibility criteria pulled straight from the policy wording.

Entry Age -18 Years
Max Entry Age - 55 years
Minimum Sum Assured - ₹50 Thousands
Maximum Maturity Age - 65 years
Premium Payment Term - RP

How Does Bharti AXA Life POS Saral Jeevan Bima Yojana Work?

Let's understand how the Bharti AXA Life POS Saral Jeevan Bima Yojana works with a simple premium illustration.

Problem

Vijay, 30 years old, is looking for a term insurance plan to ensure he is covered against any events and his family is protected against any financial uncertainty.

Solution

His financial advisor advised him to buy the Bharti AXA Life POS Saral Jeevan Bima Yojana Work. He visited PolicyX.com.

Let's understand how the Bharti AXA Life POS Saral Jeevan Bima Yojana works for him with an example.

Age of policyholder Monthly Premiums Annual Premiums Policy Tenure Total premiums paid Sum assured
30 years ₹860/month ₹10,320/year 30 years ₹3,09,600 ₹50 Lakhs

Key Takeaways: In case of Vijay's unfortunate death during the policy term, his family will receive a lump sum death benefit payout.

Riders Associated with Bharti AXA Life POS Saral Jeevan Bima

You can add the following riders to your Bharti AXA Life POS Saral Jeevan Bima Plan:

Accidental Death Benefit Rider

Get an extra payout on top of the base cover in case of unfortunate death due to an accident.

Premium Waiver Rider

It waives off your future premiums in case you're faced with an unfortunate event like critical illness, permanent disability, or death.

Hospi Cash Benefit Rider

Get an additional payment of a fixed benefit for each day of hospitalization and a lump sum benefit in case of surgery.

Features of POS Saral Jeevan Bima Yojana

Key features that make POS Saral Jeevan Bima Yojana stand out.

No Medical Examination

For Bharti AXA POS Saral Jeevan Bima Yojana, you will not need to undergo any medical examination; only a self-declaration of your health status is required by the company.

Quick Issuance

Sometimes, in a normal term plan, the issuance period is slightly longer due to many formalities required by the insurance company. But in Bharti AXA POS Saral Jeevan Bima Yojana, you will get a quick and hassle-free issuance of the policy.

Lump Sum Death Benefit

Under Bharti AXA POS Saral Jeevan Bima Yojana, upon the demise of the life insured during the policy term, a lump sum death benefit will be payable to the nominee to cope with further expenses for living.

Flexibile Policy Term

Under Bharti AXA POS Saral Jeevan Bima Yojana, you get the flexibility to choose among multiple policy term tenures in order to match it with your needs and requirements over time.

Accidental cover

You can get an extra payout on top of the base cover in case of accidental death of the life insured during the policy term.

Benefits of POS Saral Jeevan Bima Yojana

Here are the key benefits of the POS Saral Jeevan Bima Yojana.

Death Benefit

The death benefit shall be payable to the nominee as a lump sum upon the policyholder's unfortunate death during the policy term period.

Double SumAssured

It offers a double sum assured to the nominee in case of the demise of the life insured due to an accident.

Tax Benefit

All the premiums paid over Bharti AXA Life POS Saral Jeevan Bima Yojana can be used as tax rebates for up to 1.5 lacs under section 80C of the Income Tax Act 1961.

Advance PremiumOption

In this plan, you can only pay 3 months' premiums in advance on the policy's commencement date.

Exclusions of Bharti AXA Life POS Saral Jeevan Bima Yojana

Here is the list of exclusions associated with the plan:

  • Death occurred due to a pandemic is not covered by the company.
  • Death caused due to any type of adventure sports.
  • Death by consumption of any type of drugs and alcohol.
  • Death due to any pre-existing disease that isn't mentioned during the start of the policy.
  • If a policyholder commits suicide within first 12 months of purchasing the policy, then no death benefits are paid to their nominee.

Conclusion

Bharti AXA Life POS Saral Jeevan Bima Yojana is a best term insurance plan offering multiple premium payment modes and features at reasonable premiums.

If you have doubts or queries regarding the Bharti AXA POS Saral Jeevan Bima Yojana or need a human touch, you can contact us through the website policyx.com or at 1800-4200-269.

Term Insurance Articles

Frequently Asked Questions

The 8 most-asked questions about POS Saral Jeevan Bima Yojana, answered.

The Minimum age to purchase Bharti Axa POS Saral Jeevan Bima yojana is 18 years.
The maturity age to purchase Bharti AXA POS Saral Jeevan bima Yojana is 65 years of age.
The minimum sum assured available in Bharti AXA POS Saral Jeevan bima yojana is Rs. 50,000 only.
No, any type of loan is not available against Bharti AXA POS Saral Jeevan bima yojana.
Yes, Bharti AXA POS Saral Jeevan bima yojana can be purchased without undergoing any medical examination, and a written declaration of your health is enough.
In Bharti AXA POS Saral Jeevan Bima Yojana, you get a 30-day interest-free grace period for paying all due premiums.
If you are dissatisfied with the terms and conditions associated with Bharti AXA POS Saral Jeevan Bima Yojana. You have the 30-day free-look period in order to take back all the paid premiums.
Policyx.com is the best insurance web aggregator to purchase Bharti AXA POS Saral Jeevan Bima Yojana and other insurance plans online.

Written and reviewed by

PolicyX content is researched in-house and reviewed by an IRDAI-certified insurance specialist before publication.

Written by Naval Goel — Founder & CEO, PolicyX.com Reviewed by Manoj Kumar — IRDAI-certified Health Insurance Specialist
Last updated: 19 May 2026 · Originally published: 15 Oct 2024

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