IME Life Bal Kiran Plan: Secure Your Child’s Future with Money-Back 2083

28th April 2026, Kathmandu

In 2026, securing a child’s academic and personal future requires a blend of disciplined savings and robust protection. IME Life Insurance has addressed this need with the IME Bal Kiran Plan, a versatile life insurance policy specifically designed to provide financial support through periodic returns.

IME Life Bal Kiran

With its unique annual money-back feature, the plan acts as a strategic fund for children’s education while offering comprehensive risk coverage for both the child and the proposer.

Key Features and Eligibility Criteria

The Bal Kiran Plan is tailored to be accessible for families at various stages of financial planning, offering a minimum sum assured of Rs. 100,000.

The eligibility and term parameters include:

• Entry Age (Child): From 0 up to 17 years (last birthday).
• Entry Age (Proposer): From 18 to 60 years (nearest birthday).
• Policy Term: Flexible options ranging from 10 to 25 years.
• Maturity Age: The child must be between 18 and 32 years at the time of maturity.

Premium Payment Modes: Single, Yearly, Half-Yearly, and Quarterly payments are available to suit different cash flow needs.

Premium Payment and Risk Commencement

The plan offers regular, single, and limited premium payment terms, allowing parents to choose a schedule that aligns with their income stability. For example, a 25-year policy term allows for premium payment terms of 5, 10, 15, or 20 years.

Risk commencement for the child follows specific rules to ensure sustainability:

Standard Rule: Risk begins 2 years after the policy commencement or when the child reaches age 6, whichever is later.

Older Children: If the child is 15 years or older at entry, risk commences 1 year after the policy starts.

Survival and Maturity Benefits

The hallmark of the IME Bal Kiran Plan is its periodic payout structure, which provides liquidity throughout the policy term.

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Annual Money-Back: Starting after the completion of 4 years from the commencement date, the policy pays 4% of the Sum Assured annually to the Life Assured.

Maturity Benefit: Upon successful completion of the term, the policyholder receives 125% of the Sum Assured, minus the total annual payouts already received, plus the accumulated vested bonus.

Comprehensive Protection and Compulsory Benefits

IME Life Insurance ensures that the child’s future remains secure even in the face of unforeseen tragedies. In 2083 BS, the plan continues to offer high-standard security through its compulsory riders.

Premium Waiver Benefit (PWB): If the proposer passes away or suffers from permanent total disability due to accident or sickness, all future premiums for the base policy are waived.

Income Benefit (IB): The policy provides a regular monthly or quarterly income (ranging from 1.0% to 9.0% of the rider sum assured based on the choice at inception) to support the child until maturity or death.

Death Benefit (Child): If the child passes away after the risk has commenced, the policy pays 25% of the Sum Assured plus vested bonus or the total premiums paid, whichever is higher.

Additional Facilities and Digital Safety

Beyond the core benefits, policyholders can access loan facilities once the policy acquires surrender value, providing a financial safety net for emergencies. Furthermore, the plan offers tax benefits as per current regulations.

As with other financial services in Nepal during 2026, such as those from Mahalaxmi Development Bank, it is vital to manage your insurance details securely. Ensure that your premium payments and policy interactions are conducted through official IME Life Insurance channels to avoid the increasing risk of digital scams and fraudulent KYC requests.

Conclusion

The IME Bal Kiran Plan stands out as a comprehensive tool for parents who wish to combine life insurance with a practical savings mechanism for education. By offering guaranteed annual returns and a protective shield for the proposer, it ensures that a child’s path to success remains uninterrupted. As you evaluate your financial goals for the month of Baisakh 2083, this plan offers the flexibility and security needed to build a lasting legacy for your children.

For More: IME Life Bal Kiran