👶 Jeevan Tarun – 734

LIC Jeevan Tarun (734) is a specially designed life insurance and savings plan created for children and their future financial needs. This plan helps parents build a strong financial foundation for important milestones such as higher education, marriage, and other life goals.

Jeevan Tarun offers flexible survival benefit options, guaranteed payouts, and bonuses that help accumulate a sizeable maturity amount by the time the child reaches adulthood. It is a perfect blend of protection + long-term savings.

Key Features

• Designed for Minors: The plan is exclusively tailored for children aged 0–12 years.
• Flexible Survival Benefits: Parents can choose payout options at ages 20–24 for education and other needs.
• Maturity Benefit: A lump sum amount is paid when the child turns 25, ensuring financial readiness for major responsibilities.
• Guaranteed Protection: In case of the parent’s unfortunate demise, the remaining premiums may be waived (as per option chosen), ensuring the child’s financial security.
• Participation in Profits: Eligible for LIC bonuses, increasing long-term returns.
• Flexible Premiums: Yearly, half-yearly, quarterly, and monthly payment options are available.
• Tax Benefits: Premiums qualify under Section 80C; maturity under Section 10(10D).

Benefits

✔ Financial support for education and milestones through structured payouts.

✔ Lump sum maturity benefit helps the child transition into adulthood with confidence.

✔ Protection continues even in case of the parent’s absence (as per rider/option).

Conclusion

Jeevan Tarun – 734 is one of LIC’s best child-focused plans, offering guaranteed benefits, flexibility, and long-term financial security. It helps parents prepare for their child’s future goals while ensuring complete protection throughout the policy duration. A smart, dependable choice for every parent who wants to provide their child with a worry-free future.