Jan 19, 2017 03:19 PM
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LIC's Jeevan Tarun plan is non-linked, with profits, limited premium payment plan specially design to meet the educational and other needs of growing children.
Premium payment mode: Yearly, Half yearly, Quarterly, Monthly(ECS)
Term: 25 age at maturity time
Premium paying term:(20-age at entry) years
Minimum entry age - 0 years last birthday
Maximum entry age - 12 years last birthday
Minimum Sum assured: Rs. 75, 000
Maximum Sum assured: No limit(depending upon income)
On Death: On death before the day of commencement of risk: an amount of equal to the total amount of premiums paid excluding taxes, extra premium and rider premium, if any shall be payable.
The policy can be surrendered at any time during the policy term provided premiums have been paid for full three years.
