Bharti AXA launches Insurance plan
September 22, 2021
Bharti AXA Life Insurance, a joint venture between Bharti Enterprises, and AXA, an insurance agency, launched the Bharti AXA Life Group Credit Protection Pro, a single premium group credit protection plan.
The plan aims to offer clients the chance to shield their friends and family against a credit risk, it said in an official statement.
“This plan was aimed to furnish clients with a comprehensive solution that ties down their future by giving financial security to their families against outstanding liabilities from life’s unforeseen and unfornute conditions like Death, Terminal Illness, Accidental Total, and Permanent Disability, and Critical Illness,” read the official statement.
Reducing Cover, under this alternative, the Sum Assured reduces according to the loan repayment frequency picked over the coverage term.
Parag Raja, Managing Director and Chief Executive Officer, Bharti AXA Life, said, “At Bharti AXA Life, we generally have confidence in planning items that further assist with improving the experience of our valued clients. Throughout the most recent 15 years, we have developed to provide clients with innovative and practical risk solutions”.