Bharti Axa Life Insurance Premium Calculator

• Reduce taxable income by up to Rs. 1,50,000 deduction under section 80C**
• Convenient payment options - annual, half-yearly, quarterly or monthly premium payments
• Do more with plans that offer pure protection, retirement planning and investment option

Bharti AXA is one of the renowned insurance companies in India. The company is renowned for its insurance products in both life and general insurance categories. The life insurance wing of the company is one of the up and coming players in the private life insurance industry. It offers plenty of protection-oriented as well as investment-oriented plans for its customers. Customers who wish to buy these products can visit the official website and check the cost of the product with the help of a premium calculator.

Why Premium Calculators are Necessary?

People opt for investment-oriented life insurance plans mainly because they offer a combination of insurance and investment benefits. These policies are often opted for by people who wish to achieve specific investment goals. Be it building a new home or protecting the educational needs of your child, life insurance plans may come in handy. While investing in these policies, people prefer knowing how much they can get on maturity of these policies. This is the reason why premium calculators are necessary. By knowing their maturity amount, they can have a specific investment goal and work towards achieving it.

How to use Bharti AXA Life Insurance Premium Calculator?

Customers who wish to use the life insurance premium calculator offered by Bharti AXA can do so through the following steps:

• Visit the official website of Bharti AXA at https://www.bharti-axalife.com/
• Click on a specific plan from the respective menu you wish to choose.
• Once the plan page is open, you can find information about the product.
• On the plan page, click on the button ‘get a quote’.
• On the resulting page, enter your personal details like name, age, phone number, marital status, education, income, gender, sum assured amount, policy term, premium paying term, etc.
• Click on ‘calculate’ once you have entered these details.
• The premium charge for the chosen plan will be displayed on the resulting page.

Advantages of using Premium Calculators

Some of the key advantages of using premium calculators are listed as follows:

• The most obvious advantage of using a premium calculator is the simplicity associated with it. You can simply enter the details and know the price of the product you wish to buy. By knowing the price, you can plan things ahead and engage in proactive investments in various products.
• Premium calculators come in handy when you are comparing multiple products in the market. When you research different products in the market, you look for various aspects like features, benefits, and price. By knowing the price, you can make a solid decision based on how much you can afford.
• Most of the premium calculators in the market help you understand the insurance products in a better way. In other words, you can easily understand the factors that influence the price of a product. This is essential in choosing the right product that matches your needs.
• Premium calculators provide a lot of advantages for companies too. It could be a daunting task for companies to reach out to every single potential customer in the market. Premium calculators simplify this task and let potential customers calculate the price by themselves. Through this way, insurers can appeal to a large customer base and get more customers.

Conclusion

Most of the premium calculators available in the market ask for personal information like email ID and phone number from customers. This will help companies reach out to their potential customers and service them in a better way. By calculating the price of the product beforehand, it will be possible for customers to plan everything well and protect their families from unexpected eventualities. When it comes to life insurance, a well-planned cover can go a long way in protecting the dependents of the insured. Premium calculators help determine the coverage amount and ensure access to the right kind of coverage.