Bharti AXA Vs HDFC Life Insurance Comparison 2024

Many factors come into play when you are looking for life insurance. You need to know how much coverage you want and how much money you want to pay for it and how to choose the best life insurance company, and other factors. By comparing life insurance quotes online you can easily decide on which company to choose and it is helping you find the best life insurance policy that fits your requirement.

Bharti AXA Life Insurance and HDFC Life Insurance are two of the most popular life insurance providers in India. Both companies offer a range of products for different age groups and cover different needs. But which one is better? In this article, we will compare these two companies to help you make a decision on which one is the best for you.

Bharti AXA Life Insurance

Bharti AXA Life Insurance Company is a joint venture between Bharti Enterprises and the AXA Group, a multinational investment banking firm and financial expertise headquartered in Paris. Bharti AXA Life Insurance Company Limited provides a wide range of plans to their customers. It consists of saving plans, children's education plans, term insurance plans, ULIP plans, etc. Bharti AXA Life Insurance provides long-term value to its customers. It provides an excellent claim settlement ratio and gives the best services to its customers.

Bharti AXA Life Insurance Features & Benefits

• Variety of Plans: Bharti AXA Life Insurance Company offers a variety of life insurance plans such as term insurance, savings, investment, health, group, and micro-life insurance plans online as well as offline to their customers.
• Flexibility: You can pay your premium at your convenience monthly, quarterly, half-yearly, or annually premium paying option.
• Customer Services: Bharti AXA Life Insurance Company has an excellent team of customer service. Some of the virtues include fairness, consistency, agility, and flexibility.
• Affordable Premiums: Bharti AXA Life insurance plans are quite cheap and provide comprehensive life cover on the payment of an affordable premium.
• Tax Benefits: Bharti AXA Life Insurance plans offer tax benefits under Section 80C and 10(10D) of the Income Tax Act, 1961 provides tax benefits for premiums paid regularly.
• Add-ons/ Riders: Bharti AXA Life Insurance offers the facility to the policyholder to include special riders that allow additional benefits under specific circumstances.

List of Bharti AXA Life Insurance Plans

HDFC Life Insurance

HDFC life insurance is one of the best providers of life insurance in India. It is a joint venture between HDFC Ltd and standard life Aberdeen, a global investment company. HDFC Life insurance company is a leading long-term life insurance provider. It offers traditional as well as innovative products for individual and group insurance solutions to its customers. HDFC Life Insurance Co Ltd has 13 group plans, 37 individual, and 7 optional rider benefits which will benefit the customer’s needs. HDFC Company has partnerships with NBFCs, MFIs, and SFBs, these make HDFC Life Insurance company a strong base of financial consultants.

HDFC Life Insurance Features & Benefits

• Variety of Products: HDFC Life Insurance Company provides a wide range of plans to their customers such as term insurance plans, Savings plans, Investment plans, Pension plans, Health plans, Child plans, etc. So, you can choose the plan which suits your requirements.
• Affordable Price: HDFC Life Insurance plans are specially designed to fulfill your requirements at an affordable price.
• Customer Support: HDFC Life Insurance Company provide its customers with high-class services and it has a robust customer care service that is available to its customers 24X7.

• Riders: This accidental death covers you with additional payouts in case of any death that happened in a road accident. The critical illness covers you with 19 illnesses that will secure your family against the loss of income due to any illness diagnosed.
• Life Cover till 99 years: To ensure your financial protection for the family when you are not around with a life cover up to 99 years at affordable premiums.

List of HDFC Life Insurance Plans

Comparison Table of Bharti AXA vs HDFC Life Insurance

Here are some of the key parameters based on which they differ from each other:

How to Compare Bharti AXA vs HDFC Life Insurance Plans?

You can get the instant comparison of Bharti AXA life insurance and HDFC life insurance in simple steps

• Visit the PolicyBachat Website and select the ‘Life’ tab.
• Enter your Name, Date of Birth, and Mobile Number.
• Click on the ‘View Plans’ button.
• Just Answer 5 Simple Questions.
• Select your ‘Gender’.
• Select ‘YES’ or ‘No’ if you have Smoked or Chewed Tobacco in the last 12 months.
• Select your ‘Annual Income’.
• Select your ‘Education Qualification’.
• Choose your ‘Occupation Type’.
• Enter your ‘Email Address’.
• Then click on ‘Start Saving Money’.
• Premium Quotes of top life insurance plans will be displayed where you can compare plans, premiums, and benefits.
• You can add riders; edit your sum insured, policy premium frequency, etc.
• Purchase the best life insurance policy using online payment

Conclusion

The decision to choose a life insurance plan from the best life insurance company is a tough one. There are many factors that you need to consider before you can decide which one is the best for your needs. You need to look at the coverage, the premium, and what type of policy suits your needs.

To make a better decision, you should make sure that you have all the information about life insurance companies available in the market. However, this decision has become much easier with the help of PolicyBachat. Know all the key features and benefits of Bharti AXA Life Insurance and HDFC Life Insurance. To buy the best life insurance policy compare life insurance quotes at Policybachat.