Jeevan Tarun gives parents a choice between keeping the basic benefit for the final year and taking part of it during the child's early adult years. That choice should follow the likely education bill, because a larger early payment also leaves a smaller basic payment at the end of the policy.
Paying years finish before the final benefit
The current Jeevan Tarun brochure accepts children from thirty days to twelve years, and maturity is at twenty five. Premiums run up to age twenty, which leaves the last five years without scheduled premiums; the actual number of paying years depends on how old the child is at entry.
Choose when the Tarun money should arrive
You can choose no yearly survival money or one of three payment levels from age twenty through twenty four, followed by the remaining basic benefit at twenty five. For payments that begin earlier, compare Children's Money Back, whose first scheduled age is eighteen rather than twenty.
An example with five college year payments
If five lakh rupees basic cover uses the option paying ten percent each year, the child receives fifty thousand rupees on each of five scheduled dates. Those payments total two lakh fifty thousand rupees, leaving the same basic amount at maturity before applicable bonuses; do not add the full basic cover again.
FAQ
Q: Can Jeevan Tarun pay fifteen percent each year and full cover at maturity?
A: No. That choice leaves twenty five percent of basic cover for maturity. The early money and final basic amount are parts of the same benefit structure.
Q: Is a newborn below ninety days always too young for Tarun?
A: No. The current brochure starts at thirty days. Older policy versions can have different entry rules, so use the brochure matching the actual contract.
Q: Does finishing Tarun premiums at twenty end the policy?
A: No. With all required premiums paid, the policy continues to its stated end at twenty five and the chosen survival payment schedule still applies.