LIC Jeevan Tarun: Flexible Savings for Kids’ Higher Studies

LIC Jeevan Tarun is available for children between 90 days and 12 years and provides flexibility according to a family’s financial goals. Policyholders can select an annual survival benefit of 0, 5, 10 or 15 % of the basic sum assured for each year the child is aged 20 to 24. The balance, along with any bonuses, is paid at maturity when the child turns 25. This structure lets parents receive periodic income during college years while preserving a larger lump sum for later needs.