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Lic Jeevan Tarun
VS
Lic New Endowment
| PLAN DETAILS |
Lic Jeevan Tarun |
Lic New Endowment |
| 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 - 75 years |
| Premium payment term | 20 Minus Age at Entry | Same as policy term |
| Plan Entry Age | Minimum Age - 90 days Maximum Age - 12 years | Minimum Age - 8 years Maximum Age - 55 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 | Minimum term - 12 years Maximum term - 35 years |
| Claim Settlement Ratio (2024-25) | 98.5% | 98.5% |
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LIC Endowment Assurance Policy Explained | Best LIC Plan for Savings & Insurance |
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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:
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