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Child Plan

It is every parent's responsibility that they take care of their children's. For this all parents should invest in child education plan. A plan which will help your children to go for higher education, achieve their goals and make their dream come true.<br><br>https://www.bhartiaxa.com/child-education-plans

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Child Plan

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  1. Child Plan for your child

  2. Index • What is Child Education Plan • Features of Child Education plan • Advantages

  3. Introduction We all know that children’s play an important role in every parent’s life. We all love our children and always want them to protect from all problems. With our children’s we all also dream for their better studies, future job and many more. We don’t want them to get stuck anywhere for any financial reason. That’s why we all need a child education plan for their best education and want them to achieve their best in their life. Which is not easy but with the help of child plan it makes many thing easy for us and for our children’s also. This plan also helps you ensure that your child can continue his education even in your absence. https://www.bhartiaxa.com/child-education-plans

  4. Features of Child Education Plan • Grace periodThe grace period is the period given to you from your Premium due date to pay the Premium without any impact on the benefits in your policy. Grace period is 15 days for monthly mode and 30 days for annual/ semi-annual/ quarterly premium payment modes. • Reduced Paid-Up Value :If the policy has acquired a surrender value and has lapsed due to any reason, then your policy will be converted into 'paid up'. Once the policy becomes paid up, the benefits under the policy will be reduced. All the benefits including the Death Benefit, Guaranteed^ Pay-out (for Money Back Option), Surrender and Maturity Benefit would be calculated according to the Reduced Paid-Up Value. https://www.bhartiaxa.com/child-education-plans

  5. RevivalYou have the flexibility to revive all the benefits under your policy within five years after the due date of the Premium in default. However, the company would require :1. A written application from you for revival2. Satisfactory evidence of insurability.3. Payment of an amount equal to all unpaid premiums together with interest at such rate as the company may charge for such revival, as decided by the company from time to time subject to approval4. Terms and conditions as may be specified by the company from time to time. https://www.bhartiaxa.com/child-education-plans

  6. Advantages • Option to choose desired benefits: • You can choose between 2 Maturity benefits options under this plan. • Money Back option provides guaranteed^ pay-outs in the last 5 years before maturity to meet your child's education needs. At maturity, this plan offers a guaranteed^ maturity payout to support your child's higher education. • Endowment option provides a guaranteed^ Lump Sum amount at maturity of the policy, provided the policy is in force, to help your child and prepare him for the big events in life. https://www.bhartiaxa.com/child-education-plans

  7. Thank You

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