Child Advantage Plan vs Indiafirst Life Smart Save Life Insurance Plan 2026 | PolicyX

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Bharti Axa Life Child Advantage Plan helps you secure your child's future. This plan comes with maturity benefits as well as life insurance coverage. You can choose additional rider benefits with your Bharti Axa Child Advantage to enhance your coverage benefits. This article provides you with complete information about the Bharti Axa Child Plan including its features, benefits, buying process, etc.

Bharti Axa Life Child Advantage Plan offers you a range of benefits including:

  • Option to choose your desired benefits
  • Life insurance coverage
  • Potential bonuses
  • Maturity benefits
  • Guaranteed payout
PLAN DETAILS

Child Advantage Plan

Indiafirst Life Smart Save

Premium Including GST
Key Features
(Key features of the plan)
  • Offers Premium Waiver Benefit
  • Choose Maturity Option
  • Choose Premium Payment Term
  • Choice of Fund Options
  • Partial Withdrawal
  • Life Cover Protection
Plan Maturity age Maximum Maturity Age - 76 years Maximum Maturity Age - 75 years
Plan Sum Assured Same as the policy term 5,7 years
Plan Entry Age 18 years Minimum Age - 5 years, Maximum Age - 65 years
Plan Payment modes Rs 25,000 to No limit 125% of Single Premium
Plan Policy loan Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy Term Minimum term: 11 years Maximum term: 21 years Minimum term - 5 years, Maximum term - 70 years
Claim Settlement Ratio (2024-25) Minimum Age - 0 year Minimum Age - 5 year

* The above sample premiums are for a 30-year-old male, nonsmoker with a sum assured of Rs 50 lakhs and a policy tenure of 25 years. You can calculate the premiums for the above life insurance plans using the PolicyX Life Insurance Calculator.

Riders

Benefits of the Bharti Axa Life Child Advantage Plan

There are various benefits to buying the Bharti Axa Life Child Advantage Plan. Let’s understand each of them in detail:

  • Policy continuance:
    This plan comes with a waiver of future premiums in case of the premium payer’s demise to ensure that the future of the child is secured.
  • Life coverage:
    In case of the policyholder’s uncertain demise 110% of the Sum Assured for the money-back option and 125% of the Sum Assured for the Endowment option) or 11 times the base annualized Premium is paid to the child in time of need.
  • Maturity Benefit:
    On the maturity date, the policyholder is paid maturity benefits which help them fulfill their financial needs in the future.
  • Bonuses:
    Bharti Axa may pay you terminal or revisionary bonuses that increase the overall maturity benefits that are paid to the policyholder on maturity.

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Reviewed By: Naval Goel

Naval Goel has over a decade of expertise in the insurance sector, having worked with companies like AIG, New York. He is an Associate Member of the Indian Institute of Insurance, Pune, and is authorized by IRDAI to act as Principal Officer of PolicyX.com Insurance Web Aggregator.

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