IME Bal Ujjwal
The IME Bal Ujjwal Plan ensures a financially secure future for children, providing life protection for both child and parent. It allows provision for children’s education or marriage and offers a death benefit. Sum Assured and bonuses are payable at the end of the selected term, offering comprehensive benefits for families.
Key Features
Risk Commencement Date:
The 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 beyond 15 years, the risk commencement date will be 1 year after the date of commencement of the policy.
Benefit:
Additional Benefits (Compulsory Riders Benefits):
On death or Total Permanent Disability of Proposer due to accident or sickness while the policy is active, following benefit will be provided:
Optional Rider Benefits:
Loan Facility: After the policy acquires Surrender Value.
Tax Benefits.
*Terms and Conditions Apply
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: 2017-10-04
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