Monday, February 2, 2009

###_LIC's Jeevan Tarang.......

  • 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.
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.

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