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Lic Jeevan Tarun vs Lic Jeevan Shagun

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Lic Jeevan Tarun vs Lic Jeevan Shagun

Lic Jeevan Tarun

LIC's Jeevan Tarun is basically a participating non-linked limited premium plan that offers a great combination of protection along with savings for your children. This plan dis esigned in a way that can easily meet the educational and several other needs of your growing child with annual survival b...

Lic Jeevan Shagun

LIC Jeevan Shagun is a non-linked, participating, savings with protection single premium Money-Back plan. The policy provides high life cover in the event of the miserable death of the policyholder where the single premium paid depends on the maturity sum assured opted by the insured. On surviving t...

PLAN DETAILS

Lic Jeevan Tarun


Lic Jeevan Shagun

Premium Including GST
Key Features
(Key features of the plan)
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Death Benefits
  • Survival Benefits
  • Participation in profits
  • Survival Benefits
  • Death Benefits
  • Loan Facility
Plan Maturity age Maximum Maturity Age - 25 years Maximum Maturity Age - NA
Premium payment term 20 Minus Age at Entry Single Premium
Plan Entry Age Minimum Age - 90 days Maximum Age - 12 years Minimum Age - 8 years Maximum Age - 45 years
Sum assured Rs 75,000 to No limit Rs 60,000 to No llimit
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 25 Minus Age at Entry Specified Duration by LIC
Claim Settlement Ratio (2024-25) 98.5% 98.5%

Know More About Plans

LIC's Jeevan Tarun is basically a participating non-linked limited premium plan that offers a great combination of protection along with savings for your children. This plan dis esigned in a way that can easily meet the educational and several other needs of your growing child with annual survival benefit payments from ages 20 to 24 years and Maturity Benefit at the age of 25 years. As compared to others, it is a flexible plan under which the proposal stage of the proposer can select the proportion of survival benefits that will be availed during the tenure of the policy as per a few options that are stated below

LIC Jeevan Tarun Plan offers you a range of benefits including:

why-choose
  • Death Benefits
  • Maturity Benefits
  • Participation in Profits
  • High Sum Assured Rebate
  • Survival Benefits

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