Jeevan Tarun Policy: If you are looking for an investment option for your child’s future, then this policy of LIC can be a better option.
LIC Jeevan Tarun Policy: There are many types of investment options available in India nowadays, but there is still a large population in the country who prefer to invest money in Post Office Schemes, Life Insurance Corporation etc. Is. LIC is the largest and oldest insurance company in the country, which has crores of policy holders across the country.
LIC brings many different schemes for every section of the country. Some schemes have been made especially for children (LIC Policy for Children). Today we are going to tell you about such a policy, by purchasing which the tension of your children’s education will end. The name of this scheme is LIC Jeevan Tarun Policy. Know how much return you can get by investing in this scheme.
What should be the age of the child
To invest in LIC’s Jeevan Tarun policy, the minimum age of the child should be 3 months and maximum 12 years. Under this scheme, the total investment is made till the child is 20 years old. After this, there is no investment of any kind in the period of 5 years. After the child is 25 years old, he can claim the entire money. With this, the tension of the child’s education and marriage expenses ends.
How much will you get minimum sum assured
By investing in this policy, you will definitely get the benefit of Sum Assured of at least Rs.75,000. At the same time, no limit has been fixed for the maximum amount. Under this scheme, you can deposit premium on monthly, quarterly, half-yearly and yearly basis. It is to be noted that Jeevan Tarun policy is a participating limited payment scheme.
How much amount will be received on maturity
If a person buys this policy for the child at the age of 12 years and makes a small amount of Rs 150 every day, then the annual premium will be around Rs 54,000. In this case, a total of Rs 4.32 lakh will be deposited in 8 years. A bonus of Rs 2.47 lakh will be given on this. In such a situation, at the age of 25, the child will become the owner of about 7 lakh rupees.
