LIC Jeevan Tarun

Flexible payouts between ages 20–24 for your child's higher-education needs.

About this plan

LIC’s JEEVAN TARUN is a Non-linked, Participating, Individual, Life Assurance savings plan for children which offers an attractive combination of protection and saving features. This plan is specially designed to meet the educational and other needs of growing children through annual Survival Benefit payments from ages 20 to 24 years and Maturity Benefit at the age of 25 years. It is a flexible plan wherein at proposal stage the proposer can choose the proportion of Survival

Plan chart — eligibility

Minimum Sum Assured

` 75,000

Maximum Sum Assured

No Limit -- 3 of 16 -- 4 (The Sum Assured shall be in multiples of ` 5,000 from Sum Assured ` 75,000 to ` 100,000 and ` 10,000/- for Sum Assured above ` 100,000)

Minimum Age at entry

[90] days (last birthday)

Maximum Age at entry

[12] years (last birthday)

Minimum/ Maximum Maturity Age

[25] years (last birthday)

Policy Term

[25 – Age at entry] years

Premium Paying Term (PPT)

[20 – Age at entry] years

Figures are indicative and summarised from the official LIC brochure. Please refer to the PDF or contact us for exact, up-to-date terms.

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