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Bharti AXA Life Insurance
India
Dec 2006 (18 Years)
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What are the differences in regulations for each
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A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Bharti AXA Life Insurance
Company Information
Get to know Bharti AXA Life Insurance
Established in December 2006, Bharti AXA Life brings together Bharti, one of India’s leading business groups with interests in telecom, agri business and retail, and AXA, one of the world’s leading companies in financial protection and wealth management. The joint venture company has a 51% stake from Bharti and 49% stake of AXA. Being a customer centric organization is our core priority and bedrock of our strategy. We have launched three path breaking and industry first services in this sphere for enhanced customer experience a). 48 Hours Fund Release: Bharti AXA Life now releases the fund value accrued under any Unit Linked Policy within 48 hours of claim intimation. In case of delay, we also pay 1% of fund value as interest per day for each day of delay b). Dedicated Claims Handler: The Dedicated Claims Handler assists the claimant throughout the claims process and updates him at key milestones c). Grief Support Program: A service that helps the family of the deceased policyholder to overcome the grief associated with the loss of a loved one by providing them emotional counselling, financial planning and second opinion on will. In our actions and commitment to our customers lie the three core attitudes - Attentive, Reliable and Available that have made us one of India's leading life insurance companies, as we continue to deliver innovative products and services that benefit our customers and fulfill their life stage needs.
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- Financial InsurancePRIMARY
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