Take this LIC scheme for the child, will not be in making doctors or engineers

LIC has designed this scheme keeping in mind the needs of children। Let’s know about this in detail

Jeevan Tarun Policy: Indian Life Insurance Corporation ( LIC ) offers a variety of policies to its customers। Many of these schemes give good returns to customers। There are many types of schemes available for everyone from children to senior citizens। One such great scheme for children is Tarun policy, where by investing you can get good returns। Let us tell you in detail about this particular plan today.

What is life plan?

LIC’s Life Tarun Policy is a non-linked, personal life assurance savings plan। LIC has designed this scheme keeping in mind the needs of children। Children get both insurance protection and savings plan facilities। You can invest in this scheme from children’s education to enhance their future.

How can life start a plan?

Children must be at least 90 days old to invest in LIC life Tarun policy। If the child is over 12 years of age, then this is not a plan for them। Parents can pay premiums on an annual, half-yearly, quarterly or monthly basis.

How is it better for children’s future?

Under this scheme, the family will get the benefit of maturity till the child is 25 years old। However, the relatives have to pay the premium till its 20 years old ।This is a flexible plan। You also get double bonus on this scheme at the time of maturity.

How much can life invest in Tarun scheme?

LIC Jeevan Tarun scheme you can take for at least 75 thousand rupees of assured। The good thing is that no maximum limit has been set to invest in it। That is, the more investment, the more profit।

If you want to brighten your children’s future, then take advantage of this plan as soon as possible.

LIC Best 45 Schemes 

LIC (Life Insurance Corporation) is the largest state-owned life insurance company in India. It offers a range of insurance products and investment schemes to individuals and organizations. Here are some popular LIC schemes:

1. Life Insurance Policies: LIC offers various life insurance policies that provide financial protection to the insured and their family in the event of death, disability, or critical illness. These policies include term insurance, whole life insurance, endowment plans, money-back plans, and unit-linked insurance plans (ULIPs). Each policy has its own features and benefits, allowing individuals to choose based on their needs and goals.
2. Pension Plans: LIC provides pension plans or retirement plans that help individuals build a corpus for their post-retirement years. These plans offer regular income after retirement and ensure financial security during old age. Some popular LIC pension plans include Jeevan Akshay, New Jeevan Nidhi, and Pradhan Mantri Vaya Vandana Yojana.
3. Health Insurance: LIC offers health insurance plans that cover medical expenses in case of hospitalization or critical illness. These plans provide financial support for medical treatments and offer benefits like cashless hospitalization, pre and post-hospitalization expenses, and coverage for specific illnesses.
4. Children’s Plans: LIC provides insurance plans specifically designed for the financial well-being of children. These plans help parents save for their child’s education, marriage, and future needs. Some popular children’s plans offered by LIC include Jeevan Tarun, New Children’s Money Back Plan, and Jeevan Ankur.
5. Group Insurance Plans: LIC also offers group insurance plans for organizations and institutions. These plans provide life insurance coverage to a group of individuals, such as employees of a company, members of an association, or borrowers of a financial institution. Group insurance plans help provide financial security and benefits to the insured group.
6. Term Insurance Plans: LIC offers term insurance plans that provide pure life coverage for a specified term. These plans offer a high sum assured at affordable premiums and provide financial security to the policyholder’s family in case of their untimely demise during the policy term.
7. ULIPs (Unit-Linked Insurance Plans): LIC offers ULIPs, which are insurance-cum-investment plans. These plans provide both life insurance coverage and the opportunity to invest in various market-linked funds. ULIPs offer flexibility in investment options and potential returns based on market performance.
8. Money-Back Plans: LIC’s money-back plans provide periodic payouts at specific intervals during the policy term. These plans offer a combination of insurance coverage and guaranteed returns, ensuring liquidity and financial support at different stages of the policy.
9. Endowment Plans: LIC’s endowment plans combine life insurance coverage with savings and investment components. These plans provide maturity benefits if the policyholder survives the policy term, along with a sum assured in case of the policyholder’s unfortunate demise.
10. Annuity Plans: LIC offers annuity plans that provide a regular income stream to the policyholder after a specified period or immediately after payment of a lump sum premium. Annuity plans help individuals secure a regular income during their retirement years.
11. Micro Insurance Plans: LIC also offers micro insurance plans designed to provide insurance coverage to economically weaker sections of society. These plans offer affordable premiums and simplified documentation, catering to the insurance needs of individuals with low income or in rural areas.
12. Pradhan Mantri Vaya Vandana Yojana (PMVVY): This is a pension scheme offered by LIC in collaboration with the Government of India. It is specifically designed for senior citizens and provides them with a regular pension income. The scheme offers a guaranteed return of a certain percentage of the purchase price and has a maximum investment limit.
13. Varishtha Pension Bima Yojana (VPBY): This is another pension scheme for senior citizens offered by LIC. It provides a regular pension income for a fixed term of 10 years. The scheme offers a guaranteed return of a certain percentage of the purchase price and also provides an option for the policyholder’s nominee to receive the purchase price upon the policyholder’s demise.
14. Jeevan Shanti: It is a single premium annuity plan offered by LIC. It provides a range of annuity options, allowing policyholders to choose the frequency and mode of receiving the annuity. The plan provides a regular income stream to the policyholder and offers the option of a joint-life annuity for spouses.
15. LIC New Jeevan Anand: It is a popular endowment plan offered by LIC. This plan offers life insurance coverage for the entire lifetime of the policyholder and provides a maturity benefit if the policyholder survives the policy term. Additionally, the plan offers a death benefit in case of the policyholder’s unfortunate demise during the term.
16. LIC Jeevan Labh: This is a non-linked, participating endowment plan that offers both life insurance coverage and savings. The plan provides a lump sum benefit at maturity or on the demise of the policyholder during the policy term. It also offers bonuses that accrue during the policy term, enhancing the maturity and death benefits.
17. LIC Aadhaar Stambh: This plan is specifically designed for male individuals who have obtained an Aadhaar Card. It offers a combination of insurance coverage and savings with attractive premium rates. The plan provides a death benefit, maturity benefit, and additional loyalty additions based on the policy’s performance.
18. LIC Jeevan Umang: This is a whole life insurance plan that offers coverage for the entire lifetime of the policyholder. It provides regular survival benefits after the completion of the premium payment term until the policyholder’s demise. In addition, the plan offers a lump sum maturity benefit to the policyholder.
19. LIC Cancer Cover: This is a specialized health insurance plan offered by LIC that provides coverage specifically for cancer-related treatments. The plan offers a lump sum benefit upon diagnosis of cancer and provides financial support to cover medical expenses associated with the disease.
20. LIC Pradhan Mantri Suraksha Bima Yojana (PMSBY): This is an accident insurance scheme offered by LIC in collaboration with the Government of India. It provides accidental death and disability coverage at an affordable premium. The scheme aims to provide insurance coverage to individuals who are not covered under any other insurance policy.
21. LIC Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY): This is a life insurance scheme offered by LIC in collaboration with the Government of India. It provides life insurance coverage at an affordable premium. The scheme offers a death benefit to the nominee of the insured in case of the insured’s demise.
22. LIC Aam Aadmi Bima Yojana: This is a social security insurance scheme offered by LIC that aims to provide insurance coverage to individuals belonging to economically weaker sections of society. The scheme provides life insurance and disability coverage at nominal premium rates.
23. LIC Jeevan Lakshya: This is a limited premium endowment plan offered by LIC. The plan provides a combination of life insurance coverage and savings. It offers a lump sum benefit at maturity or in case of the policyholder’s demise during the policy term.
24. LIC Bima Bachat: This is a single premium policy offered by LIC. The plan provides a lump sum benefit at maturity or in case of the policyholder’s demise during the policy term. It also offers the flexibility to surrender the policy after a certain period and receive a surrender value.
25. LIC New Money Back Plans: LIC offers various new money-back plans that provide periodic payouts during the policy term along with life insurance coverage. These plans offer a combination of savings and protection, with a percentage of the sum assured being paid out at regular intervals.
26. LIC Single Premium Endowment Plan: This plan allows individuals to make a lump sum premium payment and receive life insurance coverage along with a maturity benefit. It offers a single premium payment option and provides financial protection for the entire policy term.
27. LIC Jeevan Rakshak: It is a non-linked, participating, limited premium payment term plan offered by LIC. This plan provides life insurance coverage and a lump sum benefit on survival until the end of the policy term. It also offers the option to take a loan against the policy.
28. LIC Bhagya Lakshmi Plan: This is a non-linked, participating, limited premium payment term plan designed specifically for female lives. The plan provides life insurance coverage along with savings and offers benefits such as survival benefits, maturity benefits, and loyalty additions.
29. LIC Jeevan Tarun: It is a participating non-linked limited premium payment plan that caters to the educational needs of children. The plan provides a regular annual income to the child from the chosen payout period, and also offers life insurance coverage on the life of the child’s parent or guardian.
30. LIC Arogya Raksha: This is a non-linked, non-participating health insurance plan offered by LIC. It provides coverage for medical expenses incurred due to hospitalization, surgery, and certain specified illnesses. The plan offers different options for individual and family coverage.
31. LIC Jeevan Amar: It is a term insurance plan offered by LIC that provides comprehensive life cover at an affordable premium. The plan offers a range of coverage options and allows policyholders to choose the premium payment term and coverage term based on their needs.
32. LIC Jeevan Arogya: This is a non-linked health insurance plan offered by LIC. It provides coverage for medical expenses related to hospitalization, surgeries, and specific illnesses. The plan covers the insured individual as well as their family members.
33. LIC Bima Shree: It is a limited premium, non-linked, participating endowment plan offered by LIC. The plan provides life insurance coverage along with savings and offers enhanced benefits for higher sum assured amounts. It also provides additional loyalty additions to enhance the policy’s maturity and death benefits.
34. LIC Aadhaar Shila: This is a life insurance plan specifically designed for women. The plan offers life insurance coverage along with savings and provides financial protection to women. It also offers additional benefits like a premium waiver in case of the policyholder’s demise.
35. LIC Micro Bachat: This is a micro insurance plan offered by LIC that aims to provide insurance coverage to individuals from economically weaker sections of society. The plan offers affordable premiums and provides life insurance coverage along with a savings element.
36. LIC Samridhi Plus: It is a unit-linked insurance plan (ULIP) offered by LIC. The plan offers the flexibility to choose from multiple investment options and provides life insurance coverage. It also provides the opportunity to participate in the potential growth of the capital markets.
37. LIC Jeevan Nidhi: This is a traditional pension plan offered by LIC. The plan provides life insurance coverage along with a regular income in the form of a pension after the policyholder’s retirement. It offers options for various pension modes and also provides a death benefit.
38. LIC New Endowment Plus: It is a unit-linked insurance plan (ULIP) offered by LIC. The plan combines life insurance coverage with investment opportunities in various funds. It provides flexibility in premium payment modes and offers options to enhance the policy’s benefits.
39. LIC Jeevan Saathi Plus: This is a joint life, non-linked, participating endowment plan offered by LIC. The plan provides life insurance coverage for both spouses, along with savings and maturity benefits. It offers the flexibility to choose different premium payment options.
40. LIC Jeevan Shiromani: It is a non-linked, with-profit, limited premium payment plan offered by LIC. The plan offers a high sum assured and provides life insurance coverage along with savings. It also offers benefits like critical illness cover, accidental death benefit, and loyalty additions.
41. LIC New Group Gratuity Cash Accumulation Plan: This is a group insurance plan offered by LIC to employers for the management of their gratuity liabilities. The plan helps employers accumulate funds over the years to meet their gratuity obligations to employees.
42. LIC New Group Superannuation Cash Accumulation Plan: This is a group insurance plan offered by LIC to employers for managing their superannuation scheme. The plan helps employers create a fund to provide retirement benefits to their employees.
43. LIC New Group Leave Encashment Plan: This is a group insurance plan offered by LIC to employers for managing their leave encashment liabilities. The plan helps employers accumulate funds to meet the leave encashment obligations of their employees.
44. LIC Credit Card Linked Insurance Plan: This plan is offered in collaboration with partner banks and provides insurance coverage to credit cardholders. The plan offers coverage against outstanding credit card dues in case of the policyholder’s demise.
45. LIC Group Credit Life Insurance Plan: This is a group insurance plan offered by LIC to financial institutions and banks. The plan provides insurance coverage for the outstanding loan amount in case of the borrower’s demise, ensuring the financial security of the borrower’s family.