Charges on Child Insurance Plan - Power Kid -As per Bharti-Axa website
Premium Allocation Charge:
Policy Year # 1 ; Charges (% of Annual premium) # 8.00%
Policy Year # 2 to 5 ; Charges (% of Annual premium) # 5.5%
Policy Year # 6 onwards ; Charges (% of Annual premium) # Nil

Fund Management Charge (FMC): 1.00% to 1.35% depending on the fund selection

Policy Administration Charge: The monthly charge is Rs 90 which begins from 6th year escalating at 5% per annum.

Benefits on Child Insurance Plan - Power Kid
Maturity Benefits:
1.The remaining fund value after pay outs is paid to the policyholder
2. Career Development Allowance:15% of the residual fund value will be paid at the beginning of each of the last 5 years.
3.Loyalty Bonus:1% of the average fund value at the end of 15th policy year and subsequently after every 5 policy years.

Death Benefits:
- In the event of death of life insured, fund value is paid to the beneficiary.
- Emergency Allowance: If two years premium have been paid, an emergency amount equal to Rs 100,000 is released to the nominee within 48 hours of submitting the claim documents. This amount is deducted from the Sum Assured when the final amount is paid.
- Education Allowance: This can be opted with the plan. If the life insured passes way, 10% of the Sum Assured will be paid on subsequent policy anniversary.
- Accidental Death Benefit :If the death is caused by the accident, addition lump sum amount equal to basic Sum Assured will be paid.