Child's Education Protection Plan (EPP)
Child
About this plan
A participating endowment juvenile plan that protects both the child and the policy owner. Provides lump-sum or monthly income on owner's death, child death benefits, maturity benefit of Face Amount plus reversionary bonuses, and policy loan/surrender options.
What's included
Key highlights
- Minimum Face Amount: NPR 250,000
- Policy term: 10–25 years
- On owner death: premium waiver + monthly income of (2% of Sum assured)
- Gold and Silver benefits options
Features
- Insures both child and policy owner
- Participating endowment with reversionary bonuses
- Maturity benefit: Face Amount + accrued reversionary bonuses
- Surrender and policy loan facilities; paid-up & automatic premium loan available
Eligibility & term
- Entry age
- 21 – 55 years
- Policy term
- 10–25 years
Declared bonus
Term-wise Breakdown
FY 2080/81
| Tenure (Years) | Rate (per '000) |
|---|---|
| 1-15 | Rs. 55 |
| 16-20 | Rs. 65 |
| 21 and above | Rs. 75 |
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)
Still have a question?
Send it to an advisor and read the reply in your dashboard.
Other plans from MetLife Nepal
Premium
Quote on request