LIC Money Back Policy Table no. 816 820 821 832 834

LIC Money Back Policy Review Bima Bachat Jeevan Tarun Children's Money Back 20 25 Years Benefit Premium Calculation Chart Table No. 816 820 821 832 834 for LIC Agents.

LIC’s Jeevan Tarun Money back Plan Table No. 834 Review, Maturity Benefit, Premium calculator

Lic’s Jeevan Tarun plan Which is launched on the Heading of Table No. 834 is non-linked, with profits, Limited Premium Payment plan Which is Specially designed to meet the Educational and other needs of growing children. under this LIC Jeeven Tarun Money Back policy Table No. 834, Policy holders can get the benefit of the survival benefit payment from the 20-24 years and maturity benefit will be starting from the 25 Years age. LIC Jeevan Tarun Policy (Plan No.834) is a limited premium payment money back plan.

table no. 834 lic money back policy of jeevan tarun hd images with cartoon pictures

table no. 834 lic money back policy of jeevan tarun hd images with cartoon pictures

Option Name Survival Benefits Maturity Benefits
Option 1 No Survival Benefit 100% of Sum Assured
Option 2 5% of Sum Assured every year for 5 years 75% of Sum Assured
Option 3 10% of Sum Assured every year for 5 years 50% of Sum Assured
Option 4 15% of Sum Assured every year for 5 years 25% of Sum Assured

LIC Jeevan Tarun Policy (Plan No.834) Eligibility Conditions

Entry Age (in Years)
  • Minimum – 90 days (Completed)
  • Maximum – 12 years (last birthday)
Maximum Maturity Age
  • Maximum – 25 Years (last birthday)
Policy Term
  • (25 – Entry Age ) (in years)
Sum Assured (SA)
  • Minimum – Rs. 75,000
  • Maximum – No limit

      Note: 

  • (From Rs. 75,000 – 1,00,000) – SA (in multiples of Rs. 5000)
  • Above Rs. 1,00,000 – SA (in multiples of Rs. 10,000)
Premium Paying term (PPT)
  • (20 – Entry Age) (in years)

Premium pay Mode : Yearly,Half , Quarterly,Monthly(ECS) and also via online by visiting the licindia official websites.

Policy Benefits :

lic jeevan tarun lic plan hd wallpaper

lic jeevan tarun lic plan hd wallpaper

ON DEATH: On death before the date of Commencement of Risk:An amount equal to the total amount of premium’s paid excluding taxes,extra premium and rider premium,if any shall be payable.

On death after the date of commencement of Risk:Death benefit,defined as sum of sum Assured on Death and vested simple Reversionary Bonuses and Final Additional Bonus,if any ,shall be payable.Where Sum Assured on Death is defined as higher of 10 times of annualized premium or Absolute amount assured to be paid on death i.e. 125% of Sum Assured.This death benefit shall not be less than 105% of the total premiums paid as on date of death.

SURRENDERED VALUE : This Jeevan Tarun Policy can be Surrendered at any time during The policy term provided at least 3 full years premiums have been paid completed.

LOAN : Loan Available Under this Money Back plan after the Payment of Premiums for at least 3 full years

INCOME TAX BENEFIT : Premium paid under this plan is eligible for TAX rebate under section 80c. and Maturity under this plan is free under sec 10(10D).

LIC Jeevan Rakshak Table No. 827 Review, Maturity Benefit, Features

LIC Jeevan Rakshak Table No. 827

Lic jeevan Rakshak plan is a regular premium paying Non-linked,With Profit, Endowment Assurance plan.Jeevan Rakshak plan shall be available to standard lives only without any medical examination andthe total Sum Assured under all the policies issued to an individual under jeevan rakshak plan (827) shall not exceed Rs.2 lacs.

LIC Jeevan Rakshak(827) INTRODUCTION:

Lic jeevan Rakshak Plan (827) Non-linked plan which offers a combination of protection and savings.This plan provides financial support for the family in case of unfortunate death of the policyholder any time before maturity and a lump sum amount at the time of maturity for the surviving policyholder.

lic-jeevan-rakshak hd images

lic-jeevan-rakshak hd images

LIC Jeevan Rakshak Plan(827) Eligibility Conditions and Restrictions :

Minimum Entry Age : 8 Years Compeleted
Maximum Entry Age : 55 Years (Nearest Birthday)
Maximum Maturity Age : 70 Years
Minimum Sum Assured : 75000
Maximum Sum Assured : 2,00,000
Premium Payment : Yearly,Halfly,Quarterly,& Monthly(ECS)
Maximum Accidental Death and Disability Benefit Rider up to age 70 years.

LIC Jeevan Rakshak(827) Policy Benefits :

On Death : On death of the life assured during the policy term Sum Assured on Death shall be payable,which is the highest of * Basic Sum Assured Or * 10 times of annualized premium Or * 105% of all the premiums paid as on date of death. The premium mentioned above excludes taxes,extra premium and rider premiums,if any.In addition to the above,Loyalty Addition,if any,shall also be payable if death occurs after completion of 5th policy year.

lic-jeevan-rakshak. review

lic-jeevan-rakshak. review

On Survival : On Survival to the end of the policy term Basic Sum Assured along with Loyalty Addition,if any,shall be payable.

Income Tax Benefit : Premium Paid under Jeevan Rakshak plan (827) is eligible for TAX rebate under section 80c.
Maturity under Jeevan Rakshak plan is free under sec 10(10D).

LIC Jeevan Rakshak(827) Rebate:

Mode Rebate:
MODE = Rebates
Yearly = 2% of tabular premium
Half-yearly = 1% of tabular premium
Quaterly = Nill
Sum Assured Rebates:
Sum Assured = Rebate
1,50,000 to 2,00,000 = 1.50% BSA
75,000 to 1,45,000 = Nill

LIC Jeevan Rakshak(827) Surrendered Value : The policy can be surrendered at any time during the policy term provided atleaast three full years premiums have been paid, Guaranteed Surrender Value : The guaranteed Surrender value shall be a percentage of total premiums padid net of taxes excluding any extra premiums and premiums for riders, if opted for. This percentage will depend on the policy term and policy year in which the policy is surrendered.

LIC Jeevan Rakshak(827) Loan :Loan facility is available under Jeevan Rakshak plan, after payment of premiums for atleast Three full years subject to following condition :
* The Maximum loan as a percentage of surrender value shall be 70% in case of inforce policies and 60% in case of paid-up policies.
* The rate of interest to be charged for the loan amount would be determined from time to time by the corporation.

LIC Money Back Policy Table no. 816 820 821 832 834 © 2016 Frontier Theme