LIC'S

LIC'S JEEVAN TARUN• LIC JEEVAN TARUN POLICY (PLAN NO.834) IS AN OPTIONAL MONEY BACK

POLICY INTRODUCED BY LIC OF INDIA. • LIC JEEVAN TARUNMONEY BACK POLICY IS A NON-LINKED, WITH PROFITS

PLAN WHICH IS SPECIALLY DESIGNED FOR CHILDREN TO MEET THEIR FINANCIAL PROBLEMS AND THEIR EDUCATIONAL NEEDS. 

• LIC JEEVAN TARUN POLICY (PLAN NO.834) IS A LIMITED PREMIUM PAYMENT MONEY BACK PLAN.

LIC'S JEEVAN TARUN

•  LIC JEEVAN TARUN MONEY BACK PLAN NO.834 IS A FLEXIBLE PLAN WHICH PROVIDES ALL TYPES OF BENEFITS SUCH AS DEATH BENEFITS, MATURITY BENEFITS, SURVIVAL BENEFITS.

• UNDER THIS LIC JEEVAN TARUN POLICY 834, LIC’S PREMIUM WAIVER BENEFIT RIDER IS ALSO AVAILABLE BY PAYING ADDITIONAL PREMIUM.

ELIGIBILITY CONDITIONS

Minimum Sum Assured Rs. 75,000

Maximum  Sum Assured  No Limit

Minimum Age at entry 90 days  (last birthday)

Maximum Age at entry  12 years (last birthday)

Minimum/ Maximum Maturity Age   25 years (last birthday)      

Policy Term 25 years (Age at entry)Premium Paying Term (PPT) 20 years (Age at entry)

SURVIVAL BENEFITPolicy Anniversary coinciding with / following the completion of ages

Percentage of Sum Assured to be paid as SB (Survival Benefit)

Option 1 Option 2 Option 3 Option 4

20 to 24 years Nil 5% each year

10% each year

15% each year

MATURITY BENEFIT

• ON SURVIVAL OF THE LIFE ASSURED TILL THE END OF THE POLICY TERM,

• MATURITY BENEFIT = SUM ASSURED ON MATURITY + VESTED SIMPLE REVERSIONARY BONUSES + FINAL ADDITIONAL BONUS, IF ANY

Options Maturity BenefitOption 1 100% of Sum AssuredOption 2  75% of Sum AssuredOption 3  50% of Sum AssuredOption 4  25% of Sum Assured

DEATH BENEFIT

• ON DEATH BEFORE THE DATE OF COMMENCEMENT OF RISK: DEATH BENEFIT = TOTAL NO. OF PREMIUMS PAID – TAXES, EXTRA PREMIUM AND RIDER PREMIUM (IF ANY)

• ON DEATH AFTER THE DATE OF COMMENCEMENT OF RISK: DEATH BENEFIT = ‘SUM ASSURED ON DEATH’ + VESTED SIMPLE REVERSIONARY BONUSES + FINAL ADDITIONAL BONUS, IF ANY.

PREMIUM WAIVER BENEFIT RIDER

Entry Age: •Minimum: 18 years•Maximum: 55 years

Term of the Rider:•20years (Age of the child at the time of opting the rider)

Maximum Cover ceasing age: •70 years

THANK YOU…

For more detail Contact at-Building No 32,Phase-2,Block-H,Near Sector-5,Gurgaon,Haryana (122001) Telephone: +91 7319758961 (English),+ 91 9711346765 (Hindi)E-mail: sales@thepolicykart.com,info@thepolicykart.comWebsite: www.thepolicykart.com