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Showing posts from May, 2015

LIC Launches One more Child Plan - Jeevan Tarun - 834

LIC launched One more child plan.  The name of the plan is Jeevan Tarun and No is 834. In this plan, you have the option to choose money back from kids age of 20. Here's are the salient features of the plan -  AGE: 0 - 12 Min SA: ₹75000 TERM: (25 - Age at Entry) PPT: (20 - Age at Entry) PWB Available. MATURITY : AGE 25. LAST 5 YEARS OPTIONAL MONEY BACK. Option:  SB (Last 5 yrs): Maturity: 1:          No SB.             100% SA 2:          5% SB.             75% SA 3:          10% SB.           50% SA 4:          15% SB.           25% SA.  All other features such as loan and surrender are available by default. Income Tax Benefit – Available under Section 80 C for premiums paid and Section 10 (10D) for Maturity returns. Ne...