Nepal Life Insurance, which has specialised in accident insurance, has launched a scheme to insure children from the day they are born to age 11, or for children from age 7-19. There are three options; collect a lump sum when the children reach age 19, or receive 20 percent of payment in instalments between ages 18-22. ?Although there are other insurance schemes in the market targeted at children, NLIC provides parents and guardians the opportunity to ensure education and other benefits,? says the company.