Safe future for your child with LIC Jeevan Tarun: Save ₹150 daily and get crores till 25 years of age
Everyone wants to offer the best future to the child. But financial security in terms of education, marriage, and career can be a challenge. LIC's Jeevan Tarun Policy is a brilliant solution to such challenges as it allows a parent to save daily and secure their child's financial needs when they turn 25.
What is LIC Jeevan Tarun?
LIC Jeevan Tarun is a saving insurance plan, non-linked and participating, which is designed to secure your child's future. It is an ideal plan for parents who want to save for their child's education, marriage, and other needs so that they can develop according to the child's growth and skills.
This policy is available for children between 90 days and 12 years and continues providing coverage and benefits till the child attains 25 years of age. LIC Jeevan Tarun ensures that the financial future of your child is in safe hands, offering bonus and loyalty benefits along the way.
How Saving ₹150 a Day Can Add Millions?
The most attractive feature of this policy is the saving of a very small amount every day by fetching a sound amount in return. This is how it works:
Daily Savings: ₹150
Annual Investment: ₹55,000 (₹150 x 365 days)
Total Investment for 8 years: ₹4,40,665 (₹55,000 annually)
Maturity Amount at Age 25: ₹8,44,500
This amount comprises of:
Bonus: ₹2,47,000
Loyalty Bonus: ₹97,000
So, by putting in just ₹4.4 lakh over 8 years, the maturity amount comes to ₹8.44 lakh when your child is 25 years old. This not only helps ensure financial security but also provides life cover to the child.
Key Benefits of LIC Jeevan Tarun
Savings and Insurance Combo: The policy offers both financial security and life coverage for your child.
As it is a non-linked policy, the market risk-free entices stable returns.
Bonus and Loyalty Benefits: The policy features bonus and loyalty bonuses, adding significant value over time.
LIC Jeevan Tarun is an ideal choice for parents who want to ensure their child’s future while also making smart investments today. By saving as little as ₹150 a day, you can build a large corpus for your child’s needs, making it one of the most reliable and rewarding financial plans for the future.
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