lic jeevan tarun calculator Premium & Maturity Calculator

LIC lic jeevan tarun calculator :A Parent’s Guide to Planning Smart

Hey there, parents! Ever wondered how to secure your kid’s future without breaking a sweat? If you’re searching for the LIC Jeevan Tarun 934 premium and maturity calculator online, you’ve landed in the right spot. The LIC Jeevan Tarun (Plan No. 934, UIN: 512N299V02) is a fantastic plan designed for kids, blending savings, insurance, and some cool payout options. Let’s break it down together and see how an online calculator can make your life easier!

So, What’s LIC Jeevan Tarun 934 All About?

Picture this: a plan that grows with your child, offering money when they hit their 20s and a big chunk at 25. That’s LIC Jeevan Tarun 934 in a nutshell! It’s a non-linked, participating savings plan from LIC, perfect for parents who want to save up for things like college fees or a dream wedding. Here’s the quick scoop from the official policy doc:

Who’s Eligible?: Kids aged 0–12 years (yep, last birthday counts!).
How Long?: 25 years minus their age when you start.
Premiums?: You pay for 20 years minus their age.
Sum Assured: Starts at ₹75,000 (in steps of ₹5,000), no cap!
Flexibility: Four payout options (we’ll get to those in a sec).
Perks: Cash during ages 20–24, a lump sum at 25, plus life cover.

It’s like planting a money tree for your little one—water it with premiums, and watch it bloom!

The Four Options: Pick What Fits Your Family

Here’s where it gets fun. LIC Jeevan Tarun 934 lets you choose how the money flows—some now, some later. Check out the options from the policy:

Option	Cash Each Year (Ages 20–24)	Big Payout at 25
Option 1	Nada (0%)	100% of Sum Assured
Option 2	5% each year	75% of Sum Assured
Option 3	10% each year	50% of Sum Assured
Option 4	15% each year	25% of Sum Assured

Survival Benefits: You get these yearly from ages 20–24 if the policy’s active.
Maturity Benefit: A nice payout at 25, with bonuses thrown in.
Heads Up: Pick an option when you sign up—you’re locked in after that.

Want cash for college? Go for Option 4. Saving for a big goal at 25? Option 1’s your buddy.

How an LIC Jeevan Tarun 934 Calculator Online Saves the Day

Math isn’t everyone’s forte (trust me, I get it!). That’s why an online LIC Jeevan Tarun 934 premium and maturity calculator is a game-changer. You plug in a few details, hit calculate, and boom—everything’s laid out for you. Here’s how it rolls:

What You Put In:

Kid’s Age: Between 0 and 12.
Sum Assured: How much you’re insuring (say, ₹1 lakh).
Option: 1, 2, 3, or 4—your call!

What You Get Back:

Yearly Premium: What you’ll shell out each year.
Total Paid: Over the premium years.
Survival Cash: Money from ages 20–24.
Maturity Amount: The big payout at 25, with bonuses.
Total Returns: All benefits added up.

Let’s Try an Example (Rough Numbers):

Age: 5
Sum Assured: ₹2,00,000
Option: 3 (10% survival, 50% maturity)
Guesswork Rates: ₹50–51.5 per ₹1,000 SA/year, ₹40 bonus, ₹100 FAB

Results:

Policy Term: 20 years (25 - 5)
Paying Years: 15 years (20 - 5)
Annual Premium: Around ₹10,200
Total Paid: ₹1,53,000
Survival Cash: ₹20,000/year × 5 = ₹1,00,000
Maturity: ₹1,00,000 (50%) + ₹1,60,000 (bonus) + ₹20,000 (FAB) = ₹2,80,000
Total: ₹3,80,000

P.S.: These are just for fun—real rates depend on LIC’s magic numbers.

Why Bother with an Online Calculator?

No Guesswork: It’s spot-on, no pencil needed.
Super Fast: Results in a snap.
Play Around: Try different sums or options to see what clicks.
Clarity: Know exactly what you’re putting in and getting out.

Hop onto LIC’s site (www.licindia.in) or a trusted calculator tool online. Bonus points if it’s got cool icons and tips!

What Makes LIC Jeevan Tarun 934 Awesome?

Here’s the good stuff from the policy doc:

Life Cover: If the worst happens after the risk starts, you get 125% of the Sum Assured or 7x the premium (whichever’s higher), plus bonuses.
Cash Flow: Money from ages 20–24 for school or whatever.
Big Finish: A fat check at 25 to kick things off.
Extra Goodies: Bonuses pile up if the policy’s active.
Rider Trick: Add the Premium Waiver Rider—premiums stop if the parent passes away.

It’s like a safety net and a piggy bank rolled into one!

How to Jump In

Check LIC’s Site: Get the full scoop at www.licindia.in.
Play with the Calculator: Punch in your numbers online.
Chat with an Agent: They’ll help you nail it down.
Sign Up: Fill out the form, pay the first premium, and you’re set.

Oh, and you’ve got 15 days to change your mind if it’s not your vibe—full refund, minus a few small fees.

Wrapping It Up

The LIC Jeevan Tarun 934 is a no-brainer for parents who want to give their kids a head start. With an online premium and maturity calculator, you can see the magic unfold without the headache. Whether it’s cash for the teen years or a big payout at 25, this plan’s got your back.

So, what are you waiting for? Fire up that LIC Jeevan Tarun 934 calculator online and start planning your kid’s bright future today!

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lic jeevan tarun calculator Premium & Maturity Calculator