IME Child Endowment Plan (IME Bal Ujjwal)
Child
About this plan
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.
What's included
Key highlights
- Minimum Sum assured Rs.100,000
- Entry age 0–17 years (child)
- Premium waiver & income benefit on proposer death
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
Eligibility & term
- Entry age
- 18 – 60 years
- Policy term
- 10-25 years
Declared bonus
Term-wise Breakdown
FY 2080/81
| Tenure (Years) | Rate (per '000) |
|---|---|
| 0-9 | Rs. 32 |
| 10-14 | Rs. 32 |
| 15-19 | Rs. 40 |
| 20-24 | Rs. 52 |
| 25-29 | Rs. 67 |
| 30 and above | Rs. 70 |
Reversionary bonus rates declared for the latest fiscal year based on policy term. Rates are revised annually and are not guaranteed for future years.
Optional riders
Accidental death (ADB)PTD / PWBCritical illness (CI)
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