Jeevan Tarun (Plan No 834) is a new children plan specially designed to meet the needs of growing children. Jeevan Tarun offers savings and protection in the same plan.
Jeevan Tarun offers annual survival benefit from the age of 20 to 24 of the child.
Maturity benefit given at the age of 25 years.
Annual survival benefit can be chosen from 4 options at the time of buying the policy.
100% of Sum Assured at maturity.
5% of sum assured every year for 5 years and 75% at maturity.
10% of sum assured every year for 5 years and 50% at maturity.
15% of sum assured every year for 5 years and 25% at maturity.
For children aged 90 days to 12 years.
Premium payment term is 20 years minus the present age of child.
Policy term is 25 years minus present age of child.
Premium payment mode can be Yearly, Half yearly, Quaterly or Monthly.
Loan can be availed after 3 years of policy term.
To know more about this LIC plan
Call or Whatsapp your LIC agent in Bangalore