LIC Jeevan Tarun
Customised for: Mr. Ramesh (Child Age: 1) [cite: 742]
"Securing the future of your child!" [cite: 787, 788]
How the Plan Works [cite: 759]
Flexible Milestones
Choose your proportion of survival benefits to match education or celebration needs. [cite: 748, 767]
Premium Waiver (PWB)
If an unfortunate event happens to the proposer, all future premiums are waived. [cite: 746]
High Risk Cover
Insurance cover range from ₹51,734 to ₹27,04,000 throughout the term. [cite: 761, 793]
Systematic Savings
Pay for 19 years and get benefits starting from age 20 to 25. [cite: 744, 745]
Maturity & Survival Benefits [cite: 789]
| Child Age | Benefit Type | Payout Amount (₹) |
|---|---|---|
| 20 Years | Survival Benefit (15% SA) | ₹1,50,000 [cite: 790] |
| 21 Years | Survival Benefit (15% SA) | ₹1,50,000 [cite: 790] |
| 22 Years | Survival Benefit (15% SA) | ₹1,50,000 [cite: 790] |
| 23 Years | Survival Benefit (15% SA) | ₹1,50,000 [cite: 790] |
| 24 Years | Survival Benefit (15% SA) | ₹1,50,000 [cite: 790] |
| 25 Years | Final Maturity (Lump Sum) | ₹17,04,000 [cite: 790] |
*Maturity includes 25% of Sum Assured + Accrued Bonus + FAB. [cite: 790]
Backed by Section 37 of LIC Act 1956. [cite: 756, 757]
Exemptions under Section 80C & 10(10D). [cite: 765]
Disclaimer: Premium shown is indicative. Maturity values include non-guaranteed bonuses subject to future declaration. [cite: 795, 796]