AXA Early Saver Plus – Payout on stages of your child education.
Get a cash payout over the final 3 years of your child education or choose to accumulate your benefits and receive a single lump sum payout upon maturity.
AXA Early Saver Plus review – With a guaranteed return of up to 1.57% per annual, plan for your child higher education with payouts on last 2 policy years and upon maturity of the plan.
AXA Early Saver Plus is a participating endowment plan that provides a guaranteed return of up to 1.57% per annum. The plan offers protection coverage at a minimum of 101% of the total premiums you have invested. On top of that, there will be an additional 50% benefit payable upon accidental death, and additional payouts (on reimbursement basis) to cover outpatient medical expenses incurred in your everyday life.
Entry Age: 0 to 60 years old
Premium Term: 5 or 10 years
Policy Term: 10 to 25 years
| AXA Early Saver Plus (Product details at a glance) | ||
| Cash value and Withdrawal benefit(s) | Yes | No |
|---|---|---|
| 100% Principle guaranteed at maturity | ||
| Partial withdrawal/ cash benefits | ||
| General savings feature(s) | Yes | No |
| Short premium/ savings terms (less than 5 years) | X | |
| Long-term/ lifetime wealth accumulation | ||
| Health and Insurance Coverage(s) | Yes | No |
| Bundled with death/ TI/ TPD and/or CI coverage | X | |
| Guaranteed issurance irregardless of health | ||
| Optional insurance rider(s) | Yes | No |
| Insurance riders to enhance coverage | ||
| Additional product feature(s) | Yes | No |
| Guaranteed cash payouts in the last 3 policy years | ||
| Options to accumulate yearly benefit | ||
| Additional payout upon accidental death | ||
Additional product feature(s) on AXA Early Saver Plus
Detailed features and unique selling points of AXA Early Saver Plus:
Guaranteed cash payouts in the last 3 policy years
- Up to 1.57% per annum guaranteed returns in the form of guaranteed cash payouts that are given in the last 2 policy years and upon maturity of the plan.
Options to accumulate yearly benefit
- Option to reinvest the 1st and 2nd guaranteed cash payouts to receive a lump sum benefit at maturity.
Additional payout upon accidental death
- Pays out an additional 50% of the total premiums paid in the event of accidental death.
Additional riders for AXA Early Saver Plus
The following riders can be added on to your AXA Early Saver Plus at an additional cost:
- Critical Illness PremiumEraser
- Payer PremiumEraser
- Payer PremiumEraser
- Premium Waiver
- Premium Waiver
- Payer PremiumEraser
- Payer PremiumErase
- Payer PremiumEraser
Who should take up an AXA Early Saver Plus?
AXA Early Saver Plus is an insurance savings plan. This category of insurance plans are suitable or unsuitable depending on the following factors:
AXA Early Saver Plus is suitable for
- Cash liquidity and withdrawal for your savings plan (in the last 3 policy year)
- Mid to long term wealth enhancement
- Mid to long term savings commitment period
- Hassle-free application without medical underwriting (if riders are not taken up)
- Saving for your child education
AXA Early Saver Plus is not suitable for
- Income for a lifetime (Retirement Plan)
- High death, disability or critical illness coverage (Whole Life, Term Life)
- One-time single premium commitment
- High surrender value in the early years of the policy
Sample policy illustration for AXA Early Saver Plus
Coming soon.
Learn more about AXA Early Saver Plus
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