Children Policy
Bal Jeevan Bima
Cover for the children of an RPLI policyholder. On the parent's death, no further premium is due and the sum assured plus bonus is paid at term-end. No medical exam for a healthy child.
Suitable for
Rural parents securing a guaranteed maturity sum for their children with a premium-waiver safety net.
Key features
- Covers up to two children
- Premium waiver on the parent's death
- Full sum assured + bonus at term-end
- No medical examination for a healthy child
Important conditions
- Parent must be an RPLI policyholder aged ≤ 45
- Child must be healthy; risk begins on acceptance of proposal
Documents required
- Completed proposal form (in capital letters)
- Identity proof (Aadhaar / PAN / Voter ID / Passport)
- Age proof & address proof
- Proof of eligibility (PLI) / rural residence (RPLI)
- Recent passport-size photographs
- Medical examination report where required by age / sum assured
FAQs
Who is insured — parent or child?
The child; the parent is the policyholder.
How many children can I cover?
Up to two.
Is a medical test needed?
No, but the child must be healthy.