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LIC Jeevan Tarun (Plan No. 734)

Flexible child plan – choose how much money you want each year from age 20 to 24.

LIC’s Jeevan Tarun (Plan 734) is a flexible child plan. You choose one of four options for survival benefits paid every year from the child’s age 20 to 24, and the balance comes at maturity at age 25.

Plan nameLIC Jeevan Tarun
Plan number734
UIN512N299V03
CategoryChild Plans

How LIC Jeevan Tarun works

  • Policy on the child’s life; premiums till child’s age 20.
  • Choose survival benefit option: 0%, 5%, 10% or 15% of sum assured every year from age 20 to 24.
  • Maturity at age 25 with the balance sum assured and bonuses.

Who should buy this plan?

  • Parents who want to choose payout timing
  • College fees spread over several years

Important points before you buy

  • Higher yearly payouts mean a lower maturity amount.
  • Bonuses are not guaranteed.
Get your exact premium & maturity illustration: premium depends on your age, sum assured, term and health. WhatsApp your date of birth and required cover to +91 75085 67891 and get an official LIC illustration free.

Try the Jeevan Tarun Calculator

Living abroad? Read LIC Jeevan Tarun for NRIs.

Comparing child plans? See our LIC children plan guide.

Why buy LIC Jeevan Tarun through Vedpal Singh?

  • 20+ years of experience with LIC in the Chandigarh tri-city; Development Officer at LIC’s Manimajra branch.
  • Honest comparison of plans – we suggest what fits your goal and budget, including term cover where needed.
  • Doorstep service for proposal, KYC and medicals in Chandigarh, Mohali, Panchkula and Zirakpur.
  • Lifetime after-sales help: premium reminders, loans, nominee change, revival and claim support for your family.

Frequently asked questions

Children’s Money Back pays at fixed ages; Jeevan Tarun lets you choose the yearly payout percentage from age 20 to 24.

Call or WhatsApp Vedpal Singh on +91 75085 67891. We explain the plan, prepare a benefit illustration for your age, complete the proposal form and documents, and help with medicals if needed – at your home or office in Chandigarh, Mohali, Panchkula or Zirakpur.

Usually Aadhaar, PAN, a photograph, address proof, income proof (for higher cover), bank details for premium/maturity and nominee details. Exact requirements depend on the plan and sum assured.

Premiums may qualify for deduction under Section 80C (old tax regime), and maturity/death benefits may be exempt under Section 10(10D), subject to conditions and limits under prevailing tax laws. Please confirm with your tax advisor.

Source: plan details summarised from LIC’s official plan list and brochures on licindia.in. Features, eligibility and rates may change – the latest LIC sales brochure prevails.

Related LIC plans

Child Plans

LIC Amritbaal

Child plan with guaranteed additions – build a fund for your child’s higher education.

Child Plans

LIC New Children’s Money Back Plan

Money for your child at ages 18, 20, 22 and 25 – for college and career.

Get LIC Jeevan Tarun Quote

Apni details bhejiye – Vedpal Singh aapko call karke sahi plan batayenge.

Aapki details safe hain – sirf policy advice ke liye use hongi.

Nayi LIC policy lena chahte hain?

Free advice, sahi plan aur ghar baithe documentation – Vedpal Singh ke saath.

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