IME Child Annual Money Back Plan (IME Bal Kiran)
ChildRecommended
About this plan
A child-focused annual money-back life insurance plan offering regular, single or limited premium payment options. Provides annual money-back payments during the policy term, maturity benefit plus vested bonus, and includes compulsory benefits like premium waiver and income benefit.
What's included
Key highlights
- Periodic cashbacks to support child's education
- 4% money-back annually from year 4
- Generous maturity payout plus vested bonus
- Mandatory premium waiver and income benefit included
Features
- Minimum Sum Assured: NPR 100,000
- Annual money-back: 4% of SA payable each policy anniversary after completion of 4 years
- Maturity benefit: [125% of SA – (U–4)*4% of SA] + vested bonus
- Entry age (life assured/child): 0–17 years (age last birthday)
- Proposer entry age: 18–60 years (age nearest birthday)
- Policy term: 10–25 years
- Premium modes: Single, Yearly, Half-yearly, Quarterly; premium term options: regular, limited, single
- Risk commencement: 2 years after policy start or on child completing 6 years of age, whichever is later
- Compulsory benefits: Premium Waiver Benefit and Income Benefit
- Optional riders: Accidental Death Benefit, Lump-sum Benefit, Funeral Expense
Eligibility & term
- Entry age
- 0 – 17 years
- Policy term
- 10-25 years
Optional riders
Accidental death (ADB)PTD / PWBCritical illness (CI)
Other plans from IME Life Insurance
Premium
Quote on request