LIC Jeevan Tarun - Children education plan

LIC Jeevan Tarun





TO TAKE CARE OF CHILD'S EDUCATION NEEDS



A non-linked with profits, limited payment children's policy

Available for age groups from 90 days to 12 years

Specially designed to meet the educational needs of the growing children

Flexible options for maturity Benefits - either in instalments or in one lump-sum

Policy term depends on the age at entry of the child

Limited Premium paying term 5 years less than policy term

Premium Waiver benefits is available

Risk Cover 125% of the Basic Sum Assured:



1) Age at entry less than 8 years : Risk will commence 2 years from the date of commencement or attaining 8 years of age whichever is earlier.
2) Age at entry 8 years & above : Risk will commence immediately. 





Income Tax Benefit :

* Premium paid under this plan is eligible for TAX rebate under section 80c.
* Maturity under this plan is free under sec 10(10D).

Best for planning children education and marriage.