LIC Jeevan Tarun (Plan 942) - Best Child Insurance Plan for Education

LIC Jeevan Tarun (Plan 942) is specifically designed for children from birth to age 12. Premiums are paid until the child turns 20, and then survival benefits are paid between ages 20 and 24 - right when college and career expenses peak.

**How it works:** - Entry age: 90 days to 12 years - Policy matures at age 25 - PPT: Until child turns 20 (term minus 7 years effectively) - Survival benefits: Choose 5%, 10%, 15%, or 20% of SA per year from age 20 - 24

**Example - SA ₹5,00,000, entry at age 5:** - Annual premium: ~₹14,500 - Age 20: ₹1,00,000 (20% option) - Age 21: ₹1,00,000 - Age 22: ₹1,00,000 - Age 23: ₹1,00,000 - Age 24: ₹1,00,000 - Age 25 maturity: ₹1,00,000 + full bonus (approx ₹2.1L) - Total received: ₹7,10,000+

**Critical protection:** If the parent/proposer dies during premium paying term, all future premiums are waived and the policy continues. The child still gets all benefits at the promised time.

This waiver of premium benefit is what makes Jeevan Tarun a true child protection plan - not just a savings plan.

Call 9415313434 to start a Jeevan Tarun plan for your child today.