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Lic Jeevan Tarun vs Lic Single Premium Endowment

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Lic Jeevan Tarun vs Lic Single Premium Endowment

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 Single Premium Endowment

It is a traditional endowment with death and maturity benefits to the policyholder. Even a bonus facility is given along. In this plan, the premium is paid in the starting which is paid in a lump sum amount. It serves the investment purpose and even secures you if you face an untimely demise. There ...

PLAN DETAILS

Lic Jeevan Tarun


Lic Single Premium Endowment

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
  • Death Benefits
  • Maturity Benefits
  • Policy Loan
Plan Maturity age Maximum Maturity Age - 25 years Maximum Maturity Age - 75 years
Premium payment term 20 Minus Age at Entry Single Premium
Plan Entry Age Minimum Age - 90 days Maximum Age - 12 years Minimum Age - 90 days Maximum Age - 65 years
Sum assured Rs 75,000 to No limit Rs 50,000 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- 10 years Maximum-25 years
Claim Settlement Ratio (2023-24) 98.62 98.62

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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