LIC Jeevan Tarang Special Plan





Jeevan Tarang (Plan no.178)


Features:
The plan is a whole of life plan, which provides for annual survival benefit at a rate of 5Y2 % of the Sum Assured for life time after the chosen Accumulation Period.
The plan offers three Accumulation periods - 10, 15 and 20 years. A proposer may choose any period.
All three optional rider benefits i.e. Term rider, Critical Illness rider & DAB shall be available during Accumulation Period only.

Plan Parameters


Minimum
Maximum
Entry Age
0 Yrs.
60 Yrs.
Sum Assured
1,00,000.
No Limit
P.P.T.
10,15 or 20
Max Maturity Age
100 Yrs
Premium Mode
All

Benefits:
Survival Benefits:
The vested bonuses will be payable in one lump sum on survival to the end of the selected Accumulation Period.
51/2 % of the Sum Assured will be payable on survival to the end of each year after the Accumulation Period.

Maturity Benefit:           
The Sum Assured along with Loyalty Addition, if any, at the completion of 100 years of age.

Death Benefit:The Sum Assured, along with vested bonuses is payable in
case of death of the Life Assured during the Accumulation Period.


The Sum Assured along with Loyalty Addition, if any is payable in case of death of the Life Assured any time after the Accumulation Period.

Critical Illness Rider:
Ages at entry: 18 years (completed) to 50 years (nearest birthday)
Maximum age at which premium payment ceases: 60 years (nearest birthday)

Age up to which rider cover available: 60 years (nearest birthday)
Premium paying terms: Single Premium and, in case of regular premiums, equal to the
accumulation period, i.e. 10, 15 and 20 years
Sum Assured: An amount equal to the sum assured under Basic Plan subject to a minimum Sum Assured of Rs.50,000/- and a maximum of Rs.5 lakh. The Sum Assured can be in multiples of Rs.l0,000/-.

Availability of Rider: During chosen accumulation period.

Accident Benefit Rider ( Allowed under Regular Premium policies only )
Ages at entry:18 years (completed) to 60 years (nearest birthday ceases: 70 years (nearest birthday)
Maximum Age at which premium payment ceases: 70 years (nearest birthday)
Premium paying Terms:Equal to the accumulation period, i.e. 10, 15 and 20 years
SA Limits:Rs.25,OOO/- to Rs.50 lakh,. The Sum Assured can be in multiples of Rs.5,OOO/-.
Availability of Rider:During chosen accumulation period.

Term Assurance Rider:18 years (completed) to 50 years (nearest birthday)
Maximum age at which premium payment ceases: 60 years (nearest birthday)
Age upto which rider cover available:60 years (nearest birthday)
Premium Paying Terms:Single Premium and, in case of regular premiums, equal to the accumulation period, i.e. 10, 15 and 20 'years
Sum Assured:An amount equal to the sum assured under Basic Plan subject to a minimum Sum Assured of RS.l lakh and a maximum of Rs. 25 lakh The Sum Assured can be in multiples of Rs.25,OOO/-.
Availability of Rider:During chosen accumulation period.

For Details PLease Contact @:

Authorised Lic Agent  Branch: 987 Shivaji Nagar Pune-5


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