Whole Life Super Plan
vs
Lic New Children Money Back

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Whole Life Super Plan vs Lic New Children Money Back

Whole Life Super Plan

Axis Max Life Whole Life Super is a non-linked, participating life insurance savings plan. It offers lifetime protection up to 100 years of age, in return for the limited premium paying term. Additionally, it provides an increasing life coverage feature. Under this, your life coverage will increase ...

Lic New Children Money Back

The future of the world depends on the strength of the children today. But if they are not prepared for that purpose, the dream will be unattainable. This is why there are certain premium policies available for children to secure their future on the whole. LIC's New Children Money Back Plan (Plan No...

PLAN DETAILS

Whole Life Super Plan


Lic New Children Money Back

Premium Including GST
Key Features
(Key features of the plan)
  • Lifetime coverage
  • Flexible premium payment option
  • Receive Bonus
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Lifetime coverage
  • Flexible premium payment option
  • Receive Bonus
  • Death Benefits Maturity Benefits
  • Survival Benefits
Plan Maturity age Maximum Maturity Age - 100 years Maximum Maturity Age - 25 years
Premium payment term 10,15,20 years 25 minus Age at Entry
Plan Entry Age Minimum Age - 18 years Maximum Age - 60 years Minimum Age - 0 years Maximum Age - 12 years
Sum assured 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 100 years 25 minus Age at Entry
Claim Settlement Ratio (2023-24) Minimum Age - 5 year 98.62

Know More About Plans

Overview

Axis Max Life Whole Life Super is a non-linked, participating life insurance savings plan. It offers lifetime protection up to 100 years of age, in return for the limited premium paying term. Additionally, it provides an increasing life coverage feature. Under this, your life coverage will increase in parallel with your age. This plan offers options for premium payment terms between 10, 15, and 20 years with premium payment in annual, semi-annual, quarterly, and monthly modes.

Axis Max Life Whole Life Super Plan offers you a range of benefits including:

why-choose
  • Guaranteed whole-life protection

  • Flexible premium paying terms

  • Availability of paid-up facilities
  • Receive bonus from time to time

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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.