Child Endowment (Limited Plan)
Minimum Sum Assured
रु.100,000
Premium paying term
Fixed
Risk Commencement
Typically 2 years or child age 6
Eligibility
Age18 - 60 years
Coverage
Min Coverage
रु. 100,000
Max Coverage
रु. 10,000,000
Claim Settlement Rate (IME Life Insurance)
93.92%Claims Paid: 4,823Claims Outstanding: 312
Description
A child endowment plan providing financial security for children, offering life protection for the child and proposer with sum assured and vested bonuses payable at maturity.
Features
- Financial protection for child's education and marriage
- Death benefit for child and proposer
- Minimum sum assured Rs.100,000
- Premium payment terms: Regular, Limited and Single
- Risk commencement delay: typically 2 years or child age 6 (whichever later)
- Optional riders: Accidental Death, Lump-sum, Funeral expense
Highlights
- Minimum Sum assured Rs.100,000
- Entry age 0–17 years (child)
- Premium waiver & income benefit on proposer death