Jeevan Tarang is one of LIC’s popular plan which is a unique blend of a whole life, endowment and a moneyback policy

. In this policy you can choose a term of 10, 15 or 20 years after which you get the accumulated bonus in lumpsum and thereafter 5.5% of the sum assured is paid to you every year for lifetime. What’s more, your life risk is covered to the extent of the sum assured plus loyalty addition (as declared by LIC) for your entire life.

From pension point of view, we can also describe this policy as a retirement policy which gives commutation at vesting date and “gauranteed tax-free pension of 5.5% per annum” with “return of purchase price” to the nominee on death.

MagicPlan JT+ is a innovative concept which enhances the benefits available from Jeevan Tarang policy. Unlike the
standard Jeevan Tarang moneyback benefit of 5.5% of sum assured per annum, this MagicPlan gives you various moneyback options ranging from 5.5% to 10.76% per annum.

MagicPlan JT+ presentation exclusively prepared for Mr. Harish Chand

Date of Birth: Sum Assured: : Premium Mode:

28/02/1982 830000 Monthly

Age : Term : Premium:

29 15 5030

Benefits from year 2025 onwards
You will receive a lumpsum amount and thereafter you will get annuity every year for lifetime. You have the following benefit options to choose from Estimated Bonus Accumulated Rs.547800

Benefits during Accumulation Period
Fin. Year Ending Age 31/03/11 31/03/12 31/03/13 31/03/14 31/03/15 31/03/16 31/03/17 31/03/18 31/03/19 31/03/20 31/03/21 31/03/22 31/03/23 31/03/24 31/03/25 31/03/26 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 Risk Covered % Amount 866520 903040 939560 976080 1012600 1049120 1085640 1122160 1158680 1195200 1231720 1268240 1304760 1341280 1377800 830000 0 0 0 25 64275 50 138148 75 190278 247728 310383 410850 136950 6.75 56017 830000 273900 273900 8.10 67206 830000 136950 410850 9.43 78292 830000 0 547800 10.76 89310 830000 Commutation Cash Value Invested in Jvn. Akshay Annual Pension % Amount Lifetime Riskcover

u The benefits of this MagicPlan are illustrated on the basis of combination of Jeevan Tarang and Jeevan Akshay VI. u Currently you are committing to purchase Jeevan Tarang only. In

381275 2025 461928 554169 662716

, when bonus is received on your policy, the same can be

used fully or partially (as per table above) to purchase Jeevan Akshay VI or similar.

u In case of death the annual pension will reduce by
Rs.45650. The remaining pension will continue to be paid to the 789805 934509 1098996 1310246 747000 spouse till 2040. u Rs.45650 pension per annum is tax-free. u During the premium paying period, you will save income tax of Rs.20516 per annum under section 80CCE (assumed @ 33.99). u Loyalty Adition (as declared by LIC) will increase the above mentioned Riskcover every year. u Interim bonus of Rs.44 per 1000 sum assured (as declared by LIC) has been used to calculate the various benefits available under this MagicPlan. Results may vary as per actual bonus rates declared by LIC in future.

Presented by

Harish Chand
Delhi LIC Agent
577, GH-9, PASCHIM VIHAR NEW DELHI- 110087 INDIA, 9811896425, 9212201725 www.delhiLICagent.com

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