Company: Bharti AXA Life Insurance
Product Name- Life eProtect
Product features:
- Minimum sum assured of 25 lakhs
- Available up to 30 years duration
- Maximum Age – 70 years
Company’s pitch:
- Claim settlement within 48 hours
Our view:
- PLUS- Bharti AXA has lowest premiums in the market when compared to term insurance plans from other companies, both private and public.
- MINUS- IRDA Claim settlement ratio is 88% which is on the lower side when it comes to its peers. Check here to see claim settlement ratio of insurance companies in India.
- MINUS- Bharti Axa has very high customer churn. A high customer churn rate indicates problems with customer service. Check here to see customer service data for insurance companies in India.