LIC Scheme: LIC's Amazing Scheme! Invest just ₹150 per month and get ₹26 lakh directly in the future

In today's era of inflation, parents constantly worry about their children's education and secure future. Due to financial difficulties, many children's dreams remain unfulfilled, but the Life Insurance Corporation of India's (LIC) Jeevan Tarun Policy provides relief. This non-linked, limited premium payment plan meets children's changing needs while protecting against stock market fluctuations.

How can you get an amount of up to 2.6 million by saving just 150 rupees daily? If the policy is started when the child is 1 year old and continued for 25 years, you can receive 2.6 million at maturity, including the original insurance amount, annual bonus, and additional bonus. Investing 150 rupees daily means 4,500 rupees monthly and 54,000 rupees annually.

The child's age should be between 90 days and 12 years to take the policy. The premium payment period continues until the child turns 25 years old. A special feature is that a fixed amount is returned every year when the child is between 20 and 24 years old, which is useful for paying college fees. The remaining full amount is received with a bonus in the 25th year.

Additionally, loan facilities are available if needed. Premium deductions are available under Income Tax Section 80C, and maturity or death benefits are tax-free under Section 10(10D). This plan is ideal for children's education, college, or business.