Planning for your child’s education or marriage can feel overwhelming with rising costs. A smart LIC child plan lets you start small – just ₹150 a day – and build a big fund over time.
This popular policy combines life cover with savings growth. Many parents choose it for guaranteed returns and bonuses, turning regular small investments into lakhs for key milestones.
Why Start Early for Your Child
The sooner you begin, the more time your money has to grow through compounding and bonuses.
Starting when your child is young locks in lower premiums and maximizes maturity benefits.
Meet LIC Jeevan Tarun – The Flexible Child Plan
LIC Jeevan Tarun is a participating money-back plan designed for children aged 0-12 years.
It offers survival benefits from age 20 to 24, plus full maturity at 25, along with life cover.
How ₹150 Daily Builds ₹26 Lakh
Invest about ₹4,500 monthly (₹150 daily) for a suitable sum assured.
Over 25 years, with bonuses, maturity can reach around ₹26 lakh (estimates based on past rates; actual varies).
Survival Benefits for Key Ages
Get money back at ages 20, 22, and 24 – perfect for college fees.
Choose options for higher payouts early or at maturity.
Strong Life Cover Protection
If something happens to the parent, premiums waive and the child gets full benefits.
This ensures the plan continues without burden.
Tax Advantages You Enjoy
Premiums qualify for deduction under 80C. Maturity proceeds are tax-free under certain conditions.
Example Returns Table (Approximate, Based on Illustrations)
| Child Age at Start | Daily Investment | Term (Years) | Estimated Maturity (with Bonus) |
|---|---|---|---|
| 1 Year | ₹150 | 24 | Up to ₹26 Lakh |
| 5 Years | ₹150 | 20 | ₹18–₹22 Lakh |
| 8 Years | ₹150 | 17 | ₹14–₹18 Lakh |
Easy Steps to Get Started
Visit an LIC branch or agent, choose sum assured, and select survival option.
Online applications make it quick.
Investing just ₹150 daily in LIC Jeevan Tarun secures your child’s dreams with up to ₹26 lakh at maturity, plus protection and flexibility.
Talk to an LIC advisor or visit licindia.in today to get a personalized quote. Start small – secure big!