Jeevan Tarun (Table-934) Premium Calculator

LIC Jeevan Tarun Plan (834) is a life insurance policy offered by the Life Insurance Corporation of India (LIC). It is designed to secure the future of children by providing financial protection and savings benefits. The plan offers a combination of insurance coverage and maturity benefits.


LIC Jeevan Tarun Premium Calculator

The LIC Jeevan Tarun plan is a participating endowment assurance plan that provides financial protection along with savings for your child’s future. The unique feature of this plan is that it provides annual scholarship payouts from the end of the premium paying term till the maturity date to support the child’s education.

To calculate the premiums payable under the LIC Jeevan Tarun plan, you can use the Jeevan Tarun Premium Calculator. This online calculator allows you to estimate the premiums you need to pay to secure the guaranteed maturity benefits and scholarships for your child.

What is Jeevan Tarun Plan?

The LIC Jeevan Tarun plan is an endowment insurance plan that offers life cover along with periodic scholarships to fund the education of your child. Some key features of this plan are:

  • It is a participating endowment plan that offers guaranteed and non-guaranteed bonuses.
  • Provides life insurance cover for the entire policy term.
  • The maturity benefit is paid out at the end of the policy term. This can be taken as a lump sum or as an annuity.
  • Annual scholarships are paid from the end of the premium paying term till maturity to fund the child’s education.
  • Flexibility to choose premium payment terms and policy terms.
  • Option to take the plan with or without Accident Benefits cover.
  • Tax benefits apply to the premiums paid and benefits received as per applicable tax laws.

So in summary, the LIC Jeevan Tarun plan provides an ideal way to secure your child’s education along with life cover for yourself. The premiums paid help build up a corpus to pay out scholarships regularly to support education costs.

What is Jeevan Tarun Premium Calculator?

The Jeevan Tarun Premium Calculator is an online tool provided by LIC to help potential policyholders estimate the premium payable for a Jeevan Tarun plan.

Key features of the Jeevan Tarun Premium Calculator:

  • Free to use an online calculator.
  • Requires basic details like age, sum assured, policy term, premium payment term, etc.
  • Calculates premium for a policy with or without Accident Benefit.
  • Also estimates maturity value and Money Back amount.
  • Simple and easy to use. Requires no login or signup.
  • Quickly generates a premium estimate for reference.

The premium estimate from this calculator helps you determine the amount of regular investment required to avail all the benefits of the Jeevan Tarun plan.

How to Use Jeevan Tarun Premium Calculator?

Using the LIC Jeevan Tarun Premium Calculator is quite straightforward. Follow these steps:

  1. Go to
  2. Select “Jeevan Tarun” from the Product dropdown.
  3. Enter the required details:
    • Your date of birth
    • Policy term (Min 15 years, Max 25 years)
    • Premium payment term (Min 5 years, Max 15 years)
    • Sum assured
    • Choose if Accident Benefit is required
  4. Click on the “Calculate Premium” button.
  5. The premium estimate will be displayed.
  6. You can also view the estimated maturity benefit amount and money-back details.
  7. If required, tweak the inputs and recalculate them to get premium estimates for different scenarios.

The calculator provides the premium estimates instantly. Use it to arrive at the ideal sum assured, policy term, and premium payment term as per your budget and savings goal.

Benefits of Jeevan Tarun Premium Calculator

The Jeevan Tarun Premium Calculator offers the following useful benefits:

1. Free and Quick: The calculator is available online for free and generates the premium estimate instantly. No need to pay any charges or even signup on the website.

2. Estimates Tailored Premiums: It customizes the premiums based on the exact parameters you input like age, policy term, payment term, sum assured etc.

3. Allows Scenario Testing: You can alter the parameters and recalculate to find a policy structure that fits your budget.

4. Indicates Maturity Amount: The premium is estimated to generate a specific maturity corpus to pay out scholarships. The calculator shows this amount.

5. Shows Money Back Details: For longer premium paying terms, survival benefits are paid out. The calculator highlights these money-back payout details.

6. Includes Accident Benefit Option: You can select accident benefit cover and know the payable premium for the same.

7. Simple and User Friendly: No complex details or calculations are needed. Simple inputs and one-click premium estimate.

8. Official LIC Tool: Reliable and accurate estimates from the official LIC website.

9. Available 24×7: The calculator can be accessed online anytime, anywhere for quick premium calculations.

Overall, the LIC Jeevan Tarun Premium Calculator is a useful tool for potential policy buyers to estimate premiums and make an informed purchase decision.


What is the minimum sum assured under the Jeevan Tarun plan?

The minimum sum assured is Rs 1,00,000.

What is the policy term and premium payment term?

The policy term ranges from 15 to 25 years. The premium paying term can be 5 to 15 years.

What are the age limits for the policy?

The minimum age at entry is 91 days for a child. The maximum age at entry for the proposer is 50 years.

Does the plan provide any survival benefits?

Yes, money-back benefits are paid if the premium payment term exceeds 10 years.

Is a medical examination required?

No medical tests are required if the sum assured is up to Rs 2 lakhs. For higher covers, medical reports may be called for.

What bonus can be expected under this plan?

The plan offers guaranteed additions plus non-guaranteed bonuses declared annually. These enhance the maturity corpus.

How scholarship payouts are determined?

Scholarships from the 6th year are defined as 10% of the sum assured per annum.

Can the policy be taken offline through an agent?

Yes, LIC agents can also assist you with purchasing the Jeevan Tarun plan after calculating premiums.

How is the premium paid?

Premiums can be paid regularly monthly, quarterly, half-yearly, or annually as per your convenience.

Where can I find reviews for Jeevan Tarun’s plan?

Reviews and ratings for the plan are available on the LIC website, online insurance portals, and forums.


The LIC Jeevan Tarun plan is a unique child insurance plan that systematically builds a corpus to take care of education needs and life cover. The online premium calculator makes it easy for parents to estimate the premiums payable so they can take an informed decision. The plan offers guaranteed benefits along with bonuses and scholarships to adequately provide financial security for the child’s future. Considering the benefits offered, Jeevan Tarun makes for an ideal long-term savings and protection instrument for caring parents.