LIC Jeevan Tarun (Children Education Plan )
 

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.

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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.

Please feel free to Call us or whatsapp at 9480240513 for children plans

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