Thursday, February 14, 2019

Dual-Benefit Child Insurance Plans 2019 Launch

Bharti AXA Life Insurance introduced a new Child Insurance Plans 2019 called Bharti AXA Life Shining Stars. This plan protects parents and families from financial problems while providing insurance coverage to parents. According to the company, Bharti AXA Life Shining Stars is a non-linked, non-participating limited-by-life Insurance Plans. It provides a fixed payout on maturity and helps the parents to collect enough money so that the future of their children is secured and regular savings can be done through their higher education expenses and other contingencies of life. Could Parents can choose to take money in their own way and then change their needs accordingly.

Dual-Benefit Child Insurance Plans 2019

Dual-Benefit Child Insurance Plans 2019 Launch

Children's education will help Insurance Plans 2019

Bharti AXA Life Insurance Managing Director and CEO Vikas Seth said in a statement that child education and career planning is the first responsibility of any parent and for this, they need prudent financial management. Only monthly savings is not enough to meet the growing costs of education and changing needs. Therefore, we have created a comprehensive Child Insurance Plans 2019 in the form of Bharti AXA Life Shining Stars.

Get double advantage

He said that there is a double benefit of Savings and Safety in Child Insurance Plans 2019, which can help parents to safeguard their children's future financial needs. Provides them financial assistance at various stages of the career and enables them to fulfill their dreams without any agreement.

Two options for taking money

In this Child Insurance Plans 2019, Bharti AXA Life Insurance gives parents the freedom to choose between flexible payout option and annual payout option according to their needs. It can be chosen at the beginning of the policy and can be modified in accordance with the needs of the child at the time of maturity so that the parents should not be bound by the option chosen before years. The minimum age for buying this Insurance Plans is 18 years and the maximum age is 60 years. Tax benefits will be available on the premium paid and the benefits paid to the insured.