LIC Policy: Even today common people invest money in post office schemes, life insurance corporations etc. for good returns because they have maximum trust on post office and LIC.
If you like to invest in LIC’s policy. So you can get good returns by investing in this scheme of LIC. Because at present there are many types of options available for investment in India, but millions of people in the country rely on the investment of post office, LIC schemes. LIC is the largest and oldest insurance company in the country with lakhs of customers across the country.
LIC keeps bringing many types of schemes for the people of every region of the country. Many schemes are designed only for children. Telling you about such a policy, which you can buy to remove the stress related to your children’s school education. This scheme is called LIC Jeevan Tarun Policy.
LIC’s Jeevan Tarun plan is a non-linked limited premium payment plan. This LIC money-back plan gives the benefit of both protection and savings to the children. LIC Jeevan Tarun plan was specially created for children to take care of their growing financial and educational needs.
This is how the stress of parents will go away
To invest in LIC’s Jeevan Tarun plan, the child’s age should be at least 3 months and maximum 12 years. You can invest fully in this policy till the youth turns 20 years old. After the child turns 25, he can claim the total amount. Due to this, the stress of the parents regarding the expenses of the child’s college and marriage goes away.
Will get 7 lakhs on maturity
If a person buys this policy for a child at the age of 12 years and pays a small premium of Rs 150 per day, the annual premium would be close to Rs 54,000. In this case, in 8 years you will deposit Rs 4.32 lakh. In this, 2.47 lakh rupees will be given as bonus. In this scheme, by the age of 25, your child will become the owner of about 7 lakh rupees.
