2. Life Insurance in India
• 1870: Bombay Mutual Assurance Society.
• 1912-1938 :Insurance Act 1938 passed
• 1956: Life Insurance Nationalized. LIC becomes
a State monopoly.

3. • 2005 –14: One dominant nationalized player
and 13 pvt companies
• 2006 –15: Private sector companies - 2 wholly
Indian owned.
• 2000: Opening of the Insurance sector for
private players

5. Introduction
•Joint venture between Bharti Enterprises and
AXA Group.
•74% stake from Bharti and 26% stake of AXA.
•Launched its national operations in December
2006.

6. • Over 3000 employees across over 12 states in
the country.
• Built around the promise of making people
"Life Confident“.

7. "As we expand our presence across the country to cater
to your insurance and wealth management needs with
our product and service offerings, we continue to
bring 'life confidence' to customers spread across
India. Whatever your plans in life, you can be
confident that Bharti AXA Life will offer the right
financial solutions to help you achieve them"

8. Types of Life Insurance
Policies:
• Term Life Insurance Policy
•
•
•
•
Endowment Life Insurance Policy
Money Back Life Insurance Policy
Whole Life Insurance Policy
Unit Linked Insurance Policy

10. Sandeep Ghosh
• CEO.
• 20 years of experience in India and
overseas, primarily in the financial services
sector.
CitiBank
Royal bank
Of Scotland
ANZ

11. Saujanya Shrivastava
• Chief Marketing Officer.
• 16 years of experience in Sales & Marketing.
Cadbury
PepsiCo
Future
Group

12. Ulhas Deshpande
• Chief HR Officer.
• 25 years he has wide range of experience with
the Manufacturing sector.
Glaxo, Novarti
s, Parke-Davis
IDBI Bank
Adventity
Global Services

13. Rajeev Kumar
• Chief & Appointed Actuary.
ICICI
Prudential Life
Insurance
Max New York
Life Insurance

14. Corporate Governance
•Well-experienced and diverse BOD
•Adoption of transparent procedures and
practices
•Ensuring compliance
•Creation of committees

15. •Ensuring complete and timely disclosure.
•Informal meeting of independent directors.
•Reviewing regularly and establishing effective
meeting.
•Well defined corporate structure.

16. Governance Structure
a)Strategic Supervision and Direction.
b) Control and implementation.
c) Operations management.
d) Risk Committee.

17. Products
•
•
•
•
•
•
Protection Plans
Bharti AXA Life eProtect
Bharti AXA Life Elite Secure
Bharti AXA Life Family Income Secure
Bharti AXA Life Protect Plus
Bharti AXA Life Premium Waiver Rider

18. • Wealth Creation With Protection
• Bharti AXA Life Child Plans
– Bharti AXA Life Bright Stars EDGE
– Bharti AXA Life Power Kid Insurance Plan
• Bharti AXA Life Guaranteed Plans
– Bharti AXA Life Secure Income Plan
– Bharti AXA Life Flexi Save
– Bharti AXA Life Monthly Income Plan
– Bharti AXA Life Aajeevan Sampatti
– Bharti AXA Life Young India Plan
– Bharti AXA Life Secure Savings Plan
• Other Market Link Plans
– Bharti AXA Life Future Invest

19. • Health Plans
• Bharti AXA Life Triple Health Insurance Plan
• Bharti AXA Life EasyHealth
• Bharti AXA Life Hospi Cash Benefit Rider

20. Bharti AXA Life e-Protect
•
•
•
•
•
Plan which protects your family.
A Unique {Family Care} Benefit.
Reward for Non-Smokers.
Hassle FREE Process.
Tax [Benefits].

21. Bharti AXA Life Aajeevan Sampatti
Key Features:
• Lifelong Benefits.
• DISCOUNT on opting Higher Sum Assured
• Guaranteed {Payouts} Benefit.
• Cash Bonuses.
• Tax [Benefits].

22. Bharti AXA Life Triple Health
Insurance Plan
Key Features:
• Claim for up to a maximum of three times
• Waiver of Premium
• Sum Assured on critical illness
• Maturity [Benefit]
• Death [Benefit]
• Tax [Benefits]

23. Life Insurance - Protect Plus
What you will get?
• Financial Protection for your family
• Guaranteed Cash Back on maturity
• You receive tax benefits under section 80C and
10

24. Child Insurance Plan - Power Kid
What you will get?
• Two policy terms- 15 & 20 years
• Provision of Emergency Allowance
• Additional Accidental Death Benefit

25. • Loyalty bonus and Settlement Option
• You will receive tax benefits for premiums
paid as well as benefits received under Section
80C and 10 (10D).

26. Health Insurance Plan - Easy Health
Plan
What you will get?
• Extremely affordable protection.
• Easy health covers you with a single premium at one
go for 3 years.
• Daily Hospital Cash Benefit options.
• Get additional protection in case of hospitalisation due
to an accident and for hospitalisation in an ICU.

27. • Get Well Soon benefit for continuous
hospitalisation of 7 days or more
• Simple and easy to enroll.
• Tax benefits

28. Strategies for future
• To achieve a market position among the top 5
Insurance Companies.
• To adapt AXA's best practice blueprints as a sound
platform for efficient and profitable growth.
• To leverage Bharti's local knowledge, infrastructure
and customer base.
• To deliver high levels of shareholder return.

29. • To build long term value with our business
partners by enhancing the proposition to their
customers
• To be the employer of choice to attract and
retain the best talent in India
• To be recognised as being close and qualified
by our customers

31. Conclusion
• Bharti AXA has won many awards under
various categories and is a trust worthy entity.
• This company works considering its customer
base and their benefits.

32. Thank you