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).

Updated: July 5, 2016 — 5:41 pm

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