lic policy term plan,life insurance term plan lic,term insurance plans,lic mediclaim,term plans in lic,term plan lic,lic term plan,term life insurance companies,best insurance plan,best life insurance policy india,best life insurance policy in india,which life insurance policy is best in india,which is the best life insurance policy in india,which is best life insurance policy in india,what is the best life insurance policy in india,what is term insurance policy of lic,term insurance policy of lic,quote term life,term life quote,term insurance india,lic term policies,lic term life insurance,term life insurance lic,best insurance policy,best lic policy plan,investment plans in lic,life insurance and term,lic saving plans,term policy of lic,term policy in lic,term policy lic,lic term policy,which life insurance is best in india,best life insurance india,term policy india,best life insurance in india,life insurance india gen,life ins companies,liclifeinsurance,best lic insurance policy in india,lic saving plan,insurance policies india,lic india best policies,new lic policy plans,lic savings plan,best lic insurance plan,best lic policy for investment,best insurance plan of lic,best insurance plan in lic,lic policies plans,life insurance policy companies,best lic policy plans,what is a good life insurance plan,good lic plans,new lic policy scheme,low cost life insurance,best policy in lic of india,best lic policy in india,best lic policy india,best policy of lic of india,best lic insurance policy,best insurance policy of lic,best policy in lic insurance,best insurance policy in lic,lic best insurance policy,lic new insurance plan,lic life insurance policy plans,what is the best lic policy,lic policy best,best lic policy,best lic life insurance policy,best life insurance policy in lic,best life insurance policy of lic,life insurance of india policies,life insurance policies in india,top 3 life insurance companies,lic life insurance plans india,life insurance policy plans,best lic policy scheme,lic policy plans,investment in lic policy,investment insurance plans,lic of india plans,insurance policy plans,good life insurance policy,best lic plans,medical policy lic,lic life insurence,hdfcstandard life insurance,life insurances policies,lic of india insurance policies,lic policies india,lic india policies,life insurances in india,scheme of lic,best lic policy for men,life insurance scheme,Delhi, Paschim Vihar Delhi, LIC Jeevan Tarang

1. LIC’sLIC’s Jeevan TarangJeevan Tarang
Celebrating Life

2. LIC’sLIC’s Jeevan TarangJeevan Tarang

3. LIC’sLIC’s Jeevan TarangJeevan Tarang
• TThis is ahis is a with-profitswith-profits whole of life planwhole of life plan which provides forwhich provides for
annual survival benefit at a rate ofannual survival benefit at a rate of 5½ % of the Sum5½ % of the Sum
AssuredAssured after the chosen Accumulation Period.after the chosen Accumulation Period.
• TheThe vested bonusesvested bonuses in ain a lump sumlump sum are payableare payable onon
survivalsurvival to theto the end of the Accumulation Periodend of the Accumulation Period or onor on
earlier deathearlier death ..
• TheThe Sum AssuredSum Assured, along with Loyalty Additions, if any, is, along with Loyalty Additions, if any, is
payable on survivalpayable on survival to age 100 years or onto age 100 years or on earlier deathearlier death ..

4. LIC’sLIC’s Jeevan TarangJeevan Tarang
• ACCUMULATION PERIOD:
– The plan offers three Accumulation periods :–
• 10,
• 15 and
• 20 years.
A proposer may choose any of them.
• PAYMENT OF PREMIUM: 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

5. LIC’sLIC’s Jeevan TarangJeevan Tarang
Regular premiums
Accumulation period
Age 10 years 15 years 20 years
Up to 40 years 109.10 71.40 51.50
41 to 45 years 109.10 71.40 53.40
46 to 50 years 109.10 73.80 56.60
51 to 55 years 111.80 77.90 -
56 to 60 years 116.60 - -
SAMPLE PREMIUM RATES: The tables below provide
tabular premiums for various age-term combinations for
Rs. 1000/- Sum Assured.

6. LIC’sLIC’s Jeevan TarangJeevan Tarang
Single premiums
Accumulation period
Age 10 years 15 years 20 years
Up to 46 years 756.00 644.00 548.00
47 years 756.00 644.00 549.00
48 years 756.00 644.00 552.00
49 years 756.00 644.00 555.20
50 years 756.00 644.00 558.90
51 to 55 years 756.00 644.00 -
56 to 60 years 756.00 - -
SAMPLE PREMIUM RATES: …contd

7. LIC’sLIC’s Jeevan TarangJeevan Tarang
• PARTICIPATION IN PROFITS: 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 on
earlier death.
• The amount of simple reversionary bonus and Loyalty Addition will depend
on the experience of the Corporation.

8. LIC’sLIC’s Jeevan TarangJeevan Tarang
• BENEFITS:
– Survival Benefits:
• On survival to the end of the selected accumulation period:
– Vested reversionary bonuses in a lump sum will be payable.
• On survival to the end of each year after the accumulation
period:
– 5½% of the Sum Assured will be payable. The first survival benefit
will be payable on survival to one year after the end of the
accumulation period.
– Maturity Benefit:
• On survival to the policy anniversary coinciding with or
immediately following the completion of age 100 years:
– The Sum Assured along with Loyalty Addition, if any, will be payable.

9. LIC’sLIC’s Jeevan TarangJeevan Tarang
• BENEFITS:
– Death Benefit:
• In case of death of the Life Assured during the
Accumulation Period, the Sum Assured
along with vested reversionary bonuses is
payable.
• In case of death of the Life Assured any time after
the Accumulation Period, the Sum Assured
along with Loyalty Addition, if any is
payable.

10. LIC’sLIC’s Jeevan TarangJeevan Tarang
• OTHER BENEFITS:
– Loan: Loan facility is available under this plan. However, the
rate of interest would be determined from time to time by the
Corporation. Presently the rate of interest is 9 % pa payable half-
yearly.
– Grace period: A grace period of one month but not less than
30 days will be allowed for payment of yearly, half-yearly or
quarterly premiums and 15 days for monthly premiums.
– Cooling-off period: If you are not satisfied with the terms and
conditions of the policy, you may return the policy to us within 15
days.
– Revival: Subject to satisfactory evidence of continued
insurability, a lapsed policy can be revived during the lifetime of
the Life Assured but before the expiry of the Accumulation
Period within a period of five years from the due date of first
unpaid premium by paying arrears of premium together with
interest. The rate of interest applicable will be as fixed by the
Corporation from time to time.

11. LIC’sLIC’s Jeevan TarangJeevan Tarang
ELIGIBILITY CONDITIONS FOR THIS PLAN:
Ages at entry 0 – 60 years
Accumulation periods available 10, 15 & 20 years
Premium ceasing Age (Max.) 70 years
Age up to which life cover available 100 years
Minimum age at end of Accumulation
Period
18 years
Premium Paying Terms (Regular Payment) 10, 15 & 20 years
Modes of Premium Payment
Yearly, Half Yearly,
Quarterly, Monthly,
SSS &
Single Premium
Minimum Sum Assured Rupees One Lakh and
in multiples of Rs.
5000/- thereafter

12. LIC’sLIC’s Jeevan TarangJeevan Tarang
• REBATES / EXTRA FOR MODE OF PREMIUM
PAYMENT AND HIGH SUM ASSURED:
– Mode Rebate:
• Yearly mode: 2% of tabular Premium
• Half-yearly mode: 1% of the tabular premium
• Quarterly: NIL
• In case of monthly mode other than SSS, an additional amount of 5%
of tabular premium will be charged.
– High Sum Assured Rebates:
• For Annual premium
• Rs. 1.25%o Sum Assured for Sum Assured Rs 2 lakh and over;
• Rs. 2.25%o Sum Assured for Sum Assured Rs 5 lakh and over.
• For Single premium
• Rs. 7.50%o Sum Assured for Sum Assured Rs 2 lakh and over;
• Rs.12.50%o Sum Assured for Sum Assured Rs 5 lakh and over.

13. LIC’sLIC’s Jeevan TarangJeevan Tarang
• OPTIONAL RIDERS AVAILABLE DURING THE
ACCUMULATION PERIOD:
– Accident Benefit Rider Option
(Allowed for Regular Premium policies only)
– Term Assurance Rider Option
– Critical Illness Rider Option
All three optional rider benefits mentioned above
shall be available during accumulation period
only

14. LIC’sLIC’s Jeevan TarangJeevan Tarang
• Riders available during the accumulation period
– Accident Benefit Rider Option
• Up to overall limit of Rs. 50 lacs.
– Term Assurance Rider Option
• Premium are payable during PPT & SA payable on
death during the Accumulation Period. Maximum
rider will be Rs. 25 lacs ( Overall Limit)
– Critical Illness Rider Option
• Maximum overall cover will be Rs. 5 lacs
– Premium Waiver Benefit Option under Critical
Illness Rider
• Available only if Critical Illness Rider is opted for
and to the extent of Critical Illness Rider Sum
Assured
All the optional rider benefits mentioned above shall beAll the optional rider benefits mentioned above shall be
available during Accumulation Period onlyavailable during Accumulation Period only

15. LIC’sLIC’s Jeevan TarangJeevan Tarang
• UNDERWRITING REQUIREMENTS:
– Underwriting, Age Proof, Medical as per plan 14 if
Critical Illness Rider is not opted for
– Female cat I, II, allowed. For cat III only if TA and
Critical Illness Rider is not opted for
– Minor Lives : up to 10 years completed (with
AB,TA,CI) allowed only to Std lives. No
Medical/special reports required
– Age greater than 10 years completed (without
AB,TA,CI) allowed to Std Lives and Sub-Standard
Lives attracting up to EMR Class III by overweight
only. Medical/Special Reports will be called for based
on SUC
– NMS NMG within existing limits