Jeevan Tarun

• This plan has been specially designed to meet the career needs of your child
• You have the option to choose the nature of pay-outs to match the need of your child. The plan offers the benefit in installments or lump sum as chosen by the customer
• This plan also offers the Guaranteed risk cover of 125% of the Sum Assured
• The premium is payable only for a limited period under this plan
• On Maturity the child gets the Sum Assured along with Vested Bonus and Final Bonus, if any
• This plan also has the premium waiver benefit where the premium is paid by the LIC in case of any unfortunate event
• This plan also has the option of taking the Maturity proceeds in installments as the policy-holder can choose the no of year as 5, 10 or 15.
• In a similar way, the policyholder also has the option of choosing the death benefit in installments
• LIC also offer the discount in the premium in case the mode of payment is Yearly
• The loan is also available to the policyholder after the completion of 1 year of the policy