Jeevan Kiran Beema Child Endowment Plan

by Prabhu Mahalaxmi Life Insurance

Child

About this plan

Child endowment life insurance combining long-term savings and protection for children. Participating (bonus) benefits typically available.

What's included

Key highlights

  • Child-focused endowment plan
  • Maturity payable as Sum Assured + bonuses
  • Flexible premium payment options

Features

  • Savings plus life cover for child's future
  • Death benefit payable as Sum Assured plus bonuses
  • Accidental death benefits available via rider
  • Premium waiver on proposer's death (subject to terms)
  • Loan and surrender options after 3 full years of premium payment
  • Multiple premium payment modes available

Eligibility & term

Entry age
18 – 60 years
Policy term
10-30 years

Declared bonus

Term-wise Breakdown

FY 2081/82

Tenure (Years)Rate (per '000)
0-9Rs. 33
10-14Rs. 33
15-19Rs. 40
20-24Rs. 51
25 and aboveRs. 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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