Bharti AXA Life Insurance, a leading private life insurer in India, has announced a bonus of ₹202 crore for the financial year 2024-25. This bonus will benefit approximately 2 lakh policyholders who have invested in the company’s participating products. The eligible policyholders are those with traditional participating policies in force as of March 31, 2025.
The company offers a range of participating products, including Bharti AXA Life Samriddhi, Bharti AXA Life Monthly Income Plan+, and Bharti AXA Life Child Advantage, which provide customers with flexibility to meet their varied life goals. These products are non-linked, participating individual life insurance savings plans that offer dual benefits of enhancing investments and mitigating risks associated with market-linked products.
The bonus announcement reflects Bharti AXA Life Insurance’s strong fundamentals and well-strategized investment management. The company’s MD & CEO, Parag Raja, stated that this milestone demonstrates their customer-first strategy, with bonuses directly reflecting the long-term financial welfare of policyholders. The company remains committed to enabling customers to accomplish their life goals with confidence through performance-oriented and dependable solutions.
Bharti AXA Life Insurance has a robust solvency ratio of 167%, well above the regulatory requirement of 150%, ensuring the security and welfare of its policyholders. The company is dedicated to providing consistent value and enabling policyholders to confidently realize their life aspirations with dependable and customer-centric solutions. Bonuses are distributed at the time of policy maturity or exit, with applicable cash bonuses paid annually on the policy anniversary or as per the terms outlined in the policy document.
Established in 2006, Bharti AXA Life Insurance has a pan-India presence with over 200 offices and offers a wide range of value-for-money and need-based insurance products. The company is committed to providing a hassle-free experience to its customers at every level, with ‘Customer First’ as one of its core values. With this bonus announcement, Bharti AXA Life Insurance reinforces its commitment to creating value for its policyholders and enabling them to achieve their life goals with confidence.