Jeevan Kishore is a deferred endowment plan for children.

Child plans, the parent is usually the policyholder; in the case of this particular plan, the life insured is that of the child and the parent or the guardian is the proposer.Plan features: A child between the ages of one and 12 is entitled to take up this plan. Risk cover, however, commences either after the completion of two policy years or when the child completes seven, whichever is later.Thus, if one chooses to go in for this plan when the child is four, risk cover would commence only three years later, when the child completes seven.This criterion would be applicable when the plan is taken for children between the ages of one and 10.If the child is 11 at the time of taking the plan, risk cover would commence on the completion of the first policy anniversary.
High bonus from day one child becomes owner of the policy automatically at the age of 18 yrs child's age should be between 0 & 12 yrs risk commences after 2 years of age policy or on completion of 7 years of age, whichever is later. No medical examination of the child if age less then 10 yrs. Else medical examination is necessary. Premium waiver benefit is available on payment of extra premium along with standard age proof and medical examination up up to 50 yrs of proposer's age. Parents of children who want provide a lump sum amount at a particular age of the child can also propose. If both parents are not alive, legal guardian can propose. Grand parents can also propose provide premium are paid by grand parents from their own income and consent letter is given from parents. This amount can be used for any particular need of the child like marrige or start in life.

The child becomes the policy owner on completion of the age of 18.The child is also eligible to an accident benefit commencing from the policy anniversary following the completion of the age 18; the premium outgo to avail of this benefit would be Re 1 per thousand of the sum assured.