We all worry about the future of our children. In such a situation, we explore all the investment options to secure their future. If you are also very worried about your children and want to give a new direction to their future, then you can invest in LIC’s Jeevan Tarun Policy. Through this investment, you can make your children’s future bright and secure. This will greatly benefit your child in pursuing higher education. Keeping this in mind, this scheme has been run by LIC. This is a flexible scheme. Under this scheme, maturity benefit will be available on attaining the age of 25 years. If your child is 8 years old at the time of purchasing this policy, then your policy term will be completed in 17 years. In this episode, let’s know about LIC Jeevan Tarun Policy –
The minimum sum assured of LIC’s Jeevan Tarun policy is Rs 75,000. There is no limit on the maximum sum insured. The minimum age of the child should be 90 days to enter this policy. And the maximum age of admission has been fixed at 12 years.
The policy will mature when your child attains the age of 25 years. With the help of the amount received from this, it will be helpful for the child to get higher education. Apart from this, the child can also use this amount in other directions to secure his future.
There are many other benefits of LIC’s Jeevan Tarun plan. If the parent paying the premium of the policy dies, all future premiums will be waived off. At the same time, till the policy is not selected, it will remain active. Under LIC Jeevan Tarun policy, you can get insurance up to Rs 26 lakh.
