Bharti AXA Life Child Plans - Decoding the Benefits!

When expanding your family, the first thought that may strike is whether to begin insuring your child during the early years or not, isn’t it? If you are also sailing in the same boat, why must you wait to get insurance?

Bharti AXA Life Insurance has been providing satisfactory plans all these years. Not just for your family, but they have got something for your bundle of joy as well. So, without any wait, let’s find out the advantageous Bharti AXA life child plans in this post.

Types of Child Plan offered by Bharti AXA

1. Bharti AXA Life Child Advantage Insurance

It is a traditional participating savings plan with an in-built premium waiver advantage that offers you the flexibility to choose between - money back and endowment - depending on the needs and career goals of your child. The plan gives you the flexibility to choose the policy term between 11 years and 21 years.

Also, you get to choose the premium payment type between ‘limited pay’ - where the premium payment term is 5 years lesser than ‘regular pay’, where the premium payment term is equal to the policy term.

2. Bharti AXA Life Guaranteed Wealth Pro

It is a non-linked, non-participating individual savings life insurance plan that offers coverage along with an opportunity to save for your future. The Income option gives you options like - deferred income (which offers short-term, long-term and life-long income options post completion of premium payment term) as well as Early income (which offers you the choice of short-term and long-term income options beginning from the second policy year itself).

Benefits of the plan:

• Multiple payout options
• Enhanced protection
• Flexibility in policy terms
• Best in Class irr
• Tax Benefits
• Lifelong Income till age 100
• Return of premium (Applicable for Life Long Income, Long Term Income and Long Term Early Income)
• Tax free income beginning from the second policy year

3. Bharti AXA Life Shining Stars

The endowment life insurance plan is designed to take care of the financial needs of your child. Here, you get the flexibility to opt between multiple premium paying terms and policy terms. There is an inbuilt benefit in case of the death of the parent during the policy term.

4. Bharti AXA Life Super Series

The plan gives you guaranteed income which increases every year through-out the payout period and guaranteed periodic lump sums at the start and end of the payout period to fulfil your family's goals. You can a Range of investment duration and returns to choose from, such as - Super 6, Super 7 or Super 10 series.

5. Bharti AXA Life Elite Advantage

This plan gives you guaranteed benefits at regular intervals. A percentage of the 'Sum Assured on Maturity' will be paid during the maturity pay-out period as a guaranteed maturity benefit starting from the end of the Policy Term till the end of the 19th year.

Bharti AXA Life Elite Advantage offers different premium payment terms to choose from. Also, you receive tax benefits on the Premiums paid and pay-out benefits received.

Required Documents

Upon buying this Bharti AXA life child plan, you would have to submit the following documents:

• ID proof
• Age proof
• Address proof
• Recent photograph

Bharti Axa Life Child Insurance Customer Care

• Customer Care Number: 1800-102-4444

• Customer Care Email ID: service@bhartiaxa.com

• SMS - SERVICE at 56677

• WhatsApp Us At - 02248815768