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Lic Jeevan Tarun
VS
Lic New Children Money Back
| PLAN DETAILS |
Lic Jeevan Tarun |
Lic New Children Money Back |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
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| Plan Uniqueness |
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| Plan Maturity age | Maximum Maturity Age - 25 years | Maximum Maturity Age - 25 years |
| Premium payment term | 20 Minus Age at Entry | 25 minus Age at Entry |
| Plan Entry Age | Minimum Age - 90 days Maximum Age - 12 years | Minimum Age - 0 years Maximum Age - 12 years |
| Sum assured | Rs 75,000 to No limit | Rs 1 lakh to No limit |
| 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 | 25 minus Age at Entry |
| Claim Settlement Ratio (2024-25) | 98.5% | 98.5% |
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LIC New Children Money Back Plan 932 Details |
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LIC's Jeevan Tarun is a participating, non-linked, limited premium plan that offers a combination of protection and savings for your children. This plan is designed to meet the educational and other needs of your growing child with annual survival benefit payments from ages 20 to 24 years and a Maturity Benefit at the age of 25 years. It is a flexible plan where the proposer, at the proposal stage, can select the proportion of survival benefits to be availed during the policy tenure as per the options stated below.
LIC Jeevan Tarun Plan offers a range of benefits including:
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