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Child Advantage Plan vs Lic Jeevan Lakshya

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Child Advantage Plan vs Lic Jeevan Lakshya

Child Advantage Plan

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 comple...

Lic Jeevan Lakshya

For the financial security of children and families, the LIC Jeevan Lakshya Plan (Plan No: 933) is the most suitable one. It is a collection of savings plus it covers the risk factor. It is a limited premium paying plan that is not at all linked and classified With-Profits Endowment Assurance plan. ...

PLAN DETAILS

Child Advantage Plan


Lic Jeevan Lakshya

Premium Including GST
Key Features
(Key features of the plan)
  • Offers Premium Waiver Benefit
  • Choose Maturity Option
  • Choose Premium Payment Term
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Offers you Premium Waiver Benefit
  • Choose your maturity option
  • Choose your premium payment term
  • Death Benefits
  • Maturity Benefits
  • Participation in profits
Plan Maturity age Maximum Maturity Age - 76 years Maximum Maturity Age - 65 years
Premium payment term Same as the policy term Policy term minus 3 years
Plan Entry Age 18 years Minimum Age - 18 years Maximum Age - 50 years
Sum assured Rs 25,000 to No limit Rs 1 lakh to No limit
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure Minimum term - 11 years Maximum term - 21 years Minimum term - 13 years Maximum term - 25 years
Claim Settlement Ratio (2024-25) Minimum Age - 0 year 98.5%

Know More About Plans

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:

why-choose
  • Option to choose your desired benefits,

  • Life insurance coverage,

  • Potential bonuses
  • Maturity benefits,

  • Guaranteed payout

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