IME Child Endowment Plan (IME Bal Ujjwal)

A child endowment plan providing financial protection for children and parents, designed to fund education/marriage. Sum assured plus vested bonuses payable at maturity; death benefits and waiver/income protections available during policy term.

• Minimum Sum Assured: NPR 100,000
• Maximum Sum Assured: As per underwriting
• Entry Age (Assured - child): 0–17 years (age last birthday)
• Entry Age (Proposer): 18–60 years (age nearest birthday)
• Policy Term: 10–25 years
• Premium Payment: Regular, Limited, Single; Modes: Single, Yearly, Half-Yearly, Quarterly
• Risk commencement: later of 2 years from policy start or child reaching 6 years (special rule if entry age ≥15)
• Maturity Benefit: Full Sum Assured plus Vested Bonus
• Death Benefit: After risk commencement, 25% of SA + Vested Bonus or total premiums paid, whichever is higher
• Compulsory benefits: Premium Waiver Benefit and Income Benefit on proposer’s death/total permanent disability
• Optional riders: Accidental Death Benefit, Lump-Sum Benefit, Funeral Expense

• Min Sum Assured: NPR 100,000
• Policy Term: 10–25 years
• Premium modes: Single/Yearly/Half-yearly/Quarterly