IME Bal Kiran Plan is a versatile life insurance policy offering options for
regular, single, or limited premium payments. Policyholders receive annual
money-back payouts during the policy term, providing financial support for
children’s education. Its flexibility and money-back feature make it ideal for
individuals seeking financial protection and periodic returns to secure their
children’s future.

Key Features

• Minimum Sum Assured: Rs. 100,000
• Maximum Sum Assured: As per Underwriting
• Minimum / Maximum Entry Age (Assured): 0 / 17 Years (Age
  Last Birthday)
• Minimum / Maximum Entry Age (Proposer): 18 / 60 Years (Age
  Nearest Birthday)
• Minimum / Maximum Policy Term: 10 / 25 Years
• Minimum / Maximum Maturity Age (Assured): 18/ 32 Years (Age
  Last Birthday)
• Minimum / Maximum Maturity Age (Proposer): 28 / 70 Years
  (Age Nearest Birthday)
• Premium Payment Term: Regular, Single and Limited.
• Premium Pay Mode: Single, Yearly, Half-Yearly, and
  Quarterly

  Payment as prescribed table below.

Risk Commencement Date:

Risk of the Life Assured (Child) will commence either 2 Years after the date of
commencement of the policy or upon completion of 6 Years from the date of birth
of child whichever takes place later. If the age at entry of the Life Assured
(Child) is 15 and above 15 Years, the risk will commence 1 Year after the date
of commencement of the policy.
Benefits:

1. On Survival to each policy anniversary on completion of 4 complete years
   from date of commencement given the policy is Inforce, 4% of Sum Assured is
   payable annually to the Life Assured. On survival to Maturity, 125% of SA-
   (U-4) x 4% Of Sum Assured plus Vested bonus will be paid.
   

   Benefits as Percentage of Basic Sum Assured on Survival to (Complete years from Date of Commencement)
   0 to 3	4 to (U*- 1)	At Maturity
   –	4%	[125% – (U – 4) * 4%] + Vested Bonus

   *U = Policy Term

2. In the event of death of Life Assured (Child) before the date of
   commencement of risk, all the Premium received till date will be paid. The
   policy will automatically terminate thereafter.
3. In the event of death of Life Assured (Child) during the policy term after
   the date of commencement of risk, 25% of the Sum Assured plus Vested Bonus
   (if any) or Total Premium received till date, whichever is higher, will be
   paid. The policy will automatically terminate thereafter.
4. In the event of death of Life Assured (Child) after the death of Proposer,
   25% of Sum Assured plus Vested Bonus (if any) or Total Premium received
   whichever is higher, will be paid. The policy will automatically terminate
   thereafter.
5. In the event of the death of both Life Assured (Child) and Proposer at the
   same time during the policy term, 25% of Sum Assured plus Vested Bonus (if
   any) will be paid for the death of the Life Assured (Child) and Full Sum
   Assured will be paid for the death of the Proposer. The policy will
   automatically terminate thereafter.

Compulsory Benefits:

In the event of Death or Permanent Total Disability of Proposer due to accident
or sickness while the policy is active, following benefit will be provided:

1. Premium Waiver Benefit (PWB): All future premiums under the base policy
   equal to Sum Assured of this rider shall be waived off.
2. Income Benefit (IB): A regular Monthly Income Benefit of 1.0% or 1.5% or
   2.0% or 3.0% of Rider Sum Assured of policy taken, and as per choice of
   Proposer, or Quarterly Income Benefit (QIB) 3.0% or 4.5% or 6.0% or 9.0% of
   Rider Sum Assured of policy taken, and as per choice of Proposer will be
   paid every monthly/quarterly anniversary of the rider from the
   death/disability date of the proposer up to the end of the rider term
   (Policy Maturity) or the death of the life assured (Child) whichever is
   earlier.

Optional Rider Benefits:

1. Accidental Death Benefit
2. Lump-Sum Benefit
3. Funeral Expense

Loan Facility: After the policy acquires Surrender Value. Tax
Benefits. The benefits and coverage provided under this plan are determined by
the terms and conditions outlined in the policy and rider documents. In the
event of any dispute arising under this policy, resolution will be in accordance
with the provisions of the Insurance Act of 2079.

First Policy Issue Date: 2025-07-17
*Terms and Conditions Apply
NIA Product Code:
NIA/LI010/2081/082/CP0012