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Lic's Jeevan Tarun is a non-linked children plan with limited premium payment. Suitable policy for children below 12 years of age. Jeevan Tarun has flexible options to receive maturity benefit either as lumpsum or in installements for last 5 years of policy term.

Salient features:
Minimum Basic Sum Assured: 75,000/-
Age Eligibility: 90 days to 12 years
Maximum Maturity Age: 25 years
Policy Term: [25 - Age at Entry]years
Premium Paying Term: [20 - Age at Entry] years
Premium Mode: Yearly, Half yearly, Quaterly, Monthly

Maturity Benefit:
a> Either in lumpsum at 25 the year.

b> 5% of Sum Assured from 20th to 24th year and 75% of SA + Bonus +FAB at 25th year

c> 10% of Sum Assured from 20th to 24th year and 50% of SA + Bonus +FAB at 25th year

d> 15% of Sum Assured from 20th to 24th year and 25% of SA + Bonus +FAB at 25th year

Insurance Benefit:
If age at entry less than 8 years, commencement of risk cover will be 2 years from policy start date or attaining 8 years, whichever is earlier. If age at entry 8 years and above risk cover will start immediately.
After commencement of risk Death cover will be 125% of Sum Assured + Bonus + FAB. In case of death before risk commencement total premiums paid, excluding any tax and other charges, will be given.

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