3 reasons why you should start an Education Plan:

• High Cost of Education: Education is quite expensive, but the education plan helps you meet the high cost of funding it.
• Accumulated Funds: By saving regularly in an education fund, you will have accumulated a huge sum of money which you can use to meet the educational needs of your children.
• Avoid Debts: Due to the high cost of education, you can avoid indebtedness to fund your children’s education by starting an education plan early.

Benefits of Education Plan to you:

• Free annual health check: Once a year, you can do free health check at designated hospitals.
• At the end of the policy duration, you will receive the total value of the money saved.
• Every 5 years, at the anniversary of policy, 3 months’ worth of premium is added to your policy value as loyalty bonus. You also have the option to get your loyalty bonus as cash (applicable to policies of 10 years+).

Benefits of Education Plan to your beneficiary:

In case of death, your beneficiary will enjoy the following benefits:

• The total amount for which you are insured is payable to your named beneficiary.
• Family income (5% of the sum assured) is payable annually to the named beneficiary till the end of the policy duration.
• At the end of the policy duration, total value of the policy is payable to your named beneficiary.
• Premium Waiver: Premiums due during policy term will be paid by AXA Mansard until the end of the policy

Take the right steps now, be the parent that supports your children’s future goals. Invest in education plan to secure their future.