LIC JEEVAN TARUN is a participating non-linked limited premium payment plan which offers an attractive combination of protection and saving features for children.
At the buyonlinelic Insurance Agency, we believe in helping you make the right decision based on your lifestyle and needs.
By law, all Life`s in operation in the state of India are required to be insured or bonded.
JEEVAN TARUN DETAILS:
This plan is specially designed to meet the educational and other needs of growing children through annual Survival Benefit payments from ages 20 to 24 years and Maturity Benefit at the age of 25 years. It is a flexible plan
- Benifits: wherein at proposal stage the proposer can choose the proportion of Survival Benefits to be availed during the term of the policy as per the following four options:
Option Survival Benefit Maturity Benefit Option 1 No survival benefit 100% of Sum Assured NIL Option 2 5% of Sum Assured every year for 5 years 75% of Sum Assured Option 3 10% of Sum Assured every year for 5 years 50% of Sum Assured Option 4 15% of Sum Assured every year for 5 years 25% of Sum Assured
- Uninsured Motorist Protection pays the cost of damages and injuries caused by a driver who was not insured.
- Medical or Personal Injury Protection covers treatment of the driver and passengers of the policyholders car in the event of an accident.
- Collision insures the policyholder from loss during a collision with another vehicle or object.
- Comprehensive protection for the policyholders car from damage and loss resulting from incidents other than collision