A Par, Non-linked, Individual Savings Plan for children (0–12 years)
The essentials
LIC’s Jeevan Tarun is a Participating, Non-Linked, Individual Savings Life Insurance Plan specially designed for children. It combines life protection with savings and provides annual Survival Benefits from ages 20 to 24, followed by a Maturity Benefit at age 25.
The proposer can choose from four Survival Benefit options, allowing the policy to be structured according to the child’s future financial requirements. The plan also provides a loan facility, optional Premium Waiver Benefit Rider and the option to receive eligible Death or Maturity Benefits in instalments.
| Parameter | Details |
|---|---|
| Plan Type | Participating, Non-Linked, Individual Savings Life Insurance Plan |
| Plan Number | 734 |
| Minimum Basic Sum Assured | 2,00,000 |
| Maximum Basic Sum Assured | No Limit, subject to conditions |
| Premium Payment | Regular Premium |
| Policy Term | 25 − Age at Entry |
| Premium Paying Term | 20 − Age at Entry |
Take the first step today. Our IRDAI-certified advisors will guide you through the entire process — from plan selection to policy issuance.