LIC JEEVAN TARANG BROCHURE PDF

LIC Jeevan Tarang is one such saving oriented whole life insurance plan which provides you with a variety of coverage and savings related benefits. The plan has a limited premium payment term. You also get money back benefits and a lifelong coverage which stops either on death or when you reach years of age, whichever is later. Once the accumulation phase is over and the premium payment is complete, you get the vested bonuses in one lump sum.

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The vested bonuses in a lump sum are payable on survival to the end of the Accumulation Period or on earlier death. Further, the Sum Assured, along with Loyalty Additions, if any, is payable on survival to age years or on earlier death. The plan offers three Accumulation periods — 10, 15 and 20 years. A proposer may choose any of them. Premiums can be paid regularly at yearly, half-yearly, quarterly or monthly intervals or through salary deductions over the Accumulation Period.

Alternatively, a Single Premium can be paid on commencement of a policy. The tables below provide tabular premiums for various age-term combinations for Rs. Policies under this plan shall participate in profits of the Corporation.

During the accumulation period policies shall be entitled to receive simple reversionary bonuses which will be payable on survival to the end of the accumulation period or on earlier death. After the accumulation period, policies will be entitled to receive a Loyalty Addition payable on maturity or earlier death. The amount of simple reversionary bonus and Loyalty Addition will depend on the experience of the Corporation.

Accumulation Period : The plan offers three Accumulation periods — 10, 15 and 20 years. Payment of Premium: Premiums can be paid regularly at yearly, half-yearly, quarterly or monthly intervals or through salary deductions over the Accumulation Period. Sample Premium Rates: The tables below provide tabular premiums for various age-term combinations for Rs. Regular premiums. Back to top.

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LIC Jeevan Tarang Plan

Jeevan Tarang is a specialized insurance plan from LIC of India which provides life long survival benefits at the rate of 5. This plan is having a unique benefit pattern compared to other plans of LIC. Please note that Jeevan Tarang plan has been already withdrawn from sales and is not available for purchase now. Here at InsuranceFunda, we are getting a lot of queries on the benefit pattern of the plan. This article is expected to clear all your doubts and queries abou the plan.

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LIC’s Jeevan Tarang (178) Details with calculators.

The vested bonuses in a lump sum are payable on survival to the end of the Accumulation Period or on earlier death. Further, the Sum Assured, along with Loyalty Additions, if any, is payable on survival to age years or on earlier death. The plan offers three Accumulation periods — 10, 15 and 20 years. A proposer may choose any of them. Premiums can be paid regularly at yearly, half-yearly, quarterly or monthly intervals or through salary deductions over the Accumulation Period. Alternatively, a Single Premium can be paid on commencement of a policy.

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