LIC JEEVAN TARANG IS SUITABLE FOR:
- People who want regular, fixed and guaranteed income life time.
- For grand parents to gift this lic policy to their grand daughter or son so that they can remember them life time.
- For Girls or ladies.
- For those who want to invest lump sump amount for their near and dear ones for their regular income.
- It is also called 3 generation plan of LIC OF INDIA
DETAILS OF LIC JEEVAN TARANG POLICY:
LIC JEEVAN TARANG POLICY is one of the most selling LIC POLICIES. In the era of uncertainty, it is guaranteed, money back, whole life & high returned plan of LIC OF INDIA. Age entry in this plan is 0yrs to 55yrs. Means this policy can be taken even for a new born baby or rather it will be a superb plan for new born babies. The best part in this LIC POLICY is one who takes this policy remain insured for 100 yrs of age and 5.5% of the total insured value (guaranteed amount) will come to the insured person after the accumulation period per annum on the date of anniversary of the policy directly into the bank account of the insured person. The bonus in this plan is higher or better than many other LIC PLANS so after accumulation period if offers a high cumulative bonus.
Example: Age = 0 yrs, Sum Assured (Insurance ) = Rs 1 crore, Term = 20yrs, Premium p.a. =Rs 495904 or Single premium Rs5355000.
After 20 yrs the insured person will get Rs 1 crore (approx. ) as the total bonus and Rs550000 p.a. life time till 100yrs of age and he will also be covered for insurance of Rs 1 crore life time. mean when the insured person will die his nominee or heirs will also get Rs 1 crore as the claim.
so in total for a baby of 0 yrs who lives till 80yrs of age he will be benefited for Rs 5.3 crores in his life time.
Please find the PDF illustration of LIC Jeevan Tarang to see know how it works.
For taking LIC JEEVAN TARANG POLICY visit LIC HELPLINE and locate LIC ADVISOR near you.