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LIC Jeevan Tarun in Pune
Everything You Need to Know About LIC Jeevan Tarun – Explained by Pune's LIC Expert
LIC Jeevan Tarun is a unique participating child insurance plan that gives Pune parents the flexibility to choose when and how much of the survival benefit is paid during their child's education years. It is specifically designed to fund a child's higher education costs at key ages while also providing life cover for the policy term.
LIC Jeevan Tarun provides survival benefits between the child's ages of 20 to 24, with the percentage of sum assured paid at each age chosen by the parent at policy inception — giving customisable milestone-based payouts aligned to college and post-graduation timelines. The balance sum assured plus bonuses is paid at maturity when the child turns 25.
For Pune parents planning for their child's engineering, medical, MBA, or other higher education goals, Jeevan Tarun's flexibility makes it one of the most versatile child education insurance plans available. Our Pune advisors help parents design the exact payout structure needed. Call +91-81089 19187 for a free LIC Jeevan Tarun consultation in Pune.
Pune clients who enrolled in LIC Jeevan Tarun through our advisory share their experience.
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What is LIC Jeevan Tarun and who is it for?
LIC Jeevan Tarun is a participating child insurance plan designed for parents who want to fund their child's higher education from ages 20–24 with customisable milestone payouts. It is for children aged 90 days to 12 years and is particularly useful for parents with children who have specific education milestone funding requirements.
How does the survival benefit work in LIC Jeevan Tarun?
LIC Jeevan Tarun provides survival benefits as a percentage of sum assured between the child's ages of 20 to 24. Parents choose from 4 options at inception: equal payouts each year (20%), or varying distributions. The remaining sum assured plus bonuses is paid at maturity at age 25.
What is the premium waiver in LIC Jeevan Tarun?
LIC Jeevan Tarun includes a premium waiver benefit. If the policyholder parent dies during the policy term, all future premiums are waived and the policy continues in full force. The child still receives all survival benefits and the full maturity benefit as originally scheduled.
How does LIC Jeevan Tarun compare to LIC Amrit Bal for Pune parents?
