If you want to do something special for your children, you can invest in LIC’s Children’s Scheme on this occasion. LIC has several schemes for children, where you can invest to secure your children’s future. Let’s learn about some of these schemes from LIC.
LIC Jeevan Tarun Policy
LIC Jeevan Tarun Policy is a very beneficial policy for children. You can secure your children’s future by investing in it. This policy is a non-linked limited premium payment plan. To invest in it, your child should be between 90 days and 13 years of age. You will have to invest in this scheme until the child is 20 years old. At the same time, the policy will mature when the child is 25 years old. In this, you can buy an insurance plan from Rs 75,000.
LIC New Children’s Money Back Plan
This policy of LIC is a non-linked, participating, individual, life insurance money back scheme. By investing in this scheme, you can collect funds for your child’s education or marriage. You can invest in this scheme of LIC anytime till your child is 12 years old.
The money invested is paid four times when the child is 18, 20, 22 and 25 years old. At the age of 18, 20 and 22 years, an amount of 20-20 percent is given. At the same time, 40 percent of the amount is given at the age of 25 years.
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