Bharti Axa Life Child Advantage

Bharti axa life child advantage(uin: 130n065v02)
(advt ii-dec-2016-1443a)
a traditional participating savings plan with an in-built premium waiver benefit that offers you the flexibility to choose between 2 maturity benefits – money back and endowment – depending on the needs and career goals of your child. 4 reasons to buy
- choose between pay-out options that are based on your child’s needs – money back or endowment.
a. )with the money back option, you will get guaranteed pay-outs in the last 5 years before maturity to meet your child’s education needs. At maturity you will get guaranteed maturity pay-out for your child’s higher education and career needs. B. ) with the endowment option you will get a guaranteed lump sum amount at maturity, provided the policy is in force, to help meet your child’s dream.

- built-in premium waiver benefit ensures that your child’s needs will be taken care of.if something unfortunate were to happen to the parent (life insured) the future premiums are waived off while all the benefits in the policy continue.
* flexibility to choose your policy term – between 11 and 21 years.based on your child’s age, you can choose a policy term between 11 to 21 years. Also choose the premium payment type –‘limited pay’ where the premium payment term is 5 years lesser than the policy term or ‘regular pay’ where the premium payment term is equal to policy term.
* potential upside with bonus.non-guaranteed annual simple reversionary bonus gets accrued to the policy at the end of each year provided all due premiums are paid and is payable at maturity. The company may also declare non-guaranteed terminal bonus that will be also be payable at maturity.