Life Insurance Corporation of India (LIC) has unveiled a remarkable scheme that guarantees a secure financial future for children, eliminating any financial hurdles they may encounter while pursuing their dreams of becoming doctors or engineers.
The Jeevan Tarun Policy offers a comprehensive savings plan coupled with insurance protection, providing a solid foundation for their aspirations.
Understanding the Jeevan Tarun Yojana
The Jeevan Tarun policy by LIC is an individual life assurance savings plan tailored specifically for children.
This meticulously crafted scheme offers both insurance coverage and a robust savings plan, catering to the unique needs and ambitions of children.
By investing in this scheme, parents can secure their child’s education and empower them to excel in their chosen field.
Initiating the Jeevan Tarun Yojana
Parents can initiate the Jeevan Tarun policy when their child reaches a minimum age of 90 days. However, the plan is not applicable if the child is older than 12 years.
Premium payments can be made on an annual, half-yearly, quarterly, or monthly basis, offering flexibility and convenience to policyholders.
Advantages for the Child’s Future
Under the Jeevan Tarun scheme, the maturity benefits are provided to the family until the child reaches 25 years of age.
Remarkably, premium payments are required only until the child turns 20, making it an adaptable plan that aligns with the child’s growth and future needs.
Additionally, policyholders are entitled to double bonuses upon maturity, enhancing the overall financial gains.
Flexible Investment Options
With a minimum sum assured of Rs 75,000, individuals can choose the LIC Jeevan Tarun plan that best suits their financial capacity.
Notably, there is no maximum investment limit, enabling policyholders to maximize their returns based on their investment goals.
Secure Your Child’s Bright Future Today
If you aspire to provide a bright and prosperous future for your children, it is imperative to capitalize on this remarkable scheme at the earliest.
LIC’s Jeevan Tarun Policy ensures that your child’s dreams are backed by financial stability, empowering them to achieve greatness.
Don’t miss out on this opportunity to secure their path to success.
