Child Advantage Plan
vs
Lic Single Premium Endowment

  • Choose your coverage tenure
  • Multiple sum assured options
  • Enhance coverage with add-ons
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Child Advantage Plan vs Lic Single Premium Endowment

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 Single Premium Endowment

It is a traditional endowment with death and maturity benefits to the policyholder. Even a bonus facility is given along. In this plan, the premium is paid in the starting which is paid in a lump sum amount. It serves the investment purpose and even secures you if you face an untimely demise. There ...

PLAN DETAILS

Child Advantage Plan


Lic Single Premium Endowment

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
  • Policy Loan
Plan Maturity age Maximum Maturity Age - 76 years Maximum Maturity Age - 75 years
Premium payment term Same as the policy term Single Premium
Plan Entry Age 18 years Minimum Age - 90 days Maximum Age - 65 years
Sum assured Rs 25,000 to No limit Rs 50,000 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- 10 years Maximum-25 years
Claim Settlement Ratio (2023-24) Minimum Age - 0 year 98.62

Know More About Plans

Overview

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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Bijender Singh

Reviewed By: Bijender Singh

With 9 years of progressive experience in the insurance industry, including 7 years at Policy X, I have honed my expertise in Life and Health Insurance. My strengths lie in devising customer-centric solutions, streamlining insurance processes, and delivering exceptional service. I have successfully led high-performing teams, excelling in business planning, manpower management, and strategic decision-making.