Jeevan Tarun

( Plan No: 934)

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Plan presentation customised for...

Mr. younger Daughter

Age: 3

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Sum Assured : 75000 Premium Waiver Benefit Rider : 75000

Term : 22 years.

Premium payment : 17 years.

LIC's Jeevan Tarun is a well designed childrens plan to help meet the future needs
of your child. Several customisation options available in tbe plan makes it a perfect
companion to plan and secure the future needs of your child.

The plan offers insurance coverage of Rs.75,000, Premium waiver benefit of Rs.
75,000 also has been considered for this presentation.

The plan also offers a tax benefit of Rs.1,380 per annum on the premium paid. The
maturity/survival benefit shall be taxfree u/s 10(10D) of income tax act.
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 How the plan works...

Parent of Mr. younger Daughter pays an annual premium of Rs.4437 for 17 years.

Survival Benefit of Rs. 11250shall be

paid on 20, 21, 22, 23 and 24 ages of Mr. younger Daughter.

Expected Maturity amount as per the current bonus rates on

25th age shall be Rs. 97350.

Normal Insurance coverage (sum assured + accrued bonus) for

life assured is available during the term of the policy.

Loan and surrender facility is available after two years and

at least two full-year premium payment.

Income tax rebate available on premium u/s 80C and the

maturity/survival benefit shall be tax free under section 10(10D)
 Benefit Pattern Illustration

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Rs.4534

Rs.97350

Age 3 20 21 22 23 24 Age 25

Rs.11250

Total Premium Total Tax Saved

Paid Returns
75526 153600 23460
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Maturitiy Benefit
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Benefits Amount
20th Age: (15" % of Sum Assured") 11250
21st Age: (15" % of Sum Assured") 11250
22nd Age: (15" % of Sum Assured") 11250
23rd Age: (15" % of Sum Assured") 11250
24th Age: (15" % of Sum Assured") 11250
Bonus* 72600
Final Addition Bonus* 6000
Approximate Return at 25th Age:
(25% of Sum Assured + 97350
Accrued Bonus + FAB)
Total Premium Paid 75526
*Bonus rates and Final Addition Bonus(FAB) rates as per the latest declared rates.
 Benefit and Coverage Table

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Age Yearly Normal Accident Loan Total
Premium Coverage Coverage Returns
3 4534 0 0 0 0
4 4437 0 0 0 0
5 4437 103650 103650 4695 0
6 4437 106950 106950 6734 0
7 4437 110250 110250 9061 0
8 4437 113550 113550 11701 0
9 4437 116850 116850 14691 0
10 4437 120150 120150 18073 0
11 4437 123450 123450 21881 0
12 4437 126750 126750 26180 0
13 4437 130050 130050 31005 0
14 4437 133350 133350 36430 0
15 4437 136650 136650 42498 0
16 4437 139950 139950 48537 0
17 4437 144000 144000 55324 0
18 4437 147675 147675 62988 0
19 4437 151350 151350 71703 0
20 0 155025 155025 79049 11250
21 0 158700 158700 88103 11250
22 0 162750 162750 98172 11250
23 0 166800 166800 100852 11250
24 0 172350 172350 103293 11250
25 0 0 0 0 97350
Total Premium 75526 Total Returns 153600
 Premium Chart

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First Year Premium Subsequent Year Premiums
Mode Basic GST @ Total Mode Basic GST @ Total
Premium 4.5% Premium Premium 2.25% Premium
Yearly 4339 195 4534 Yearly 4339 98 4437
Half 2193 99 2292 Half 2193 49 2242
Yearly Yearly
Quarterly 1108 50 1158 Quarterly 1108 25 1133
Monthly 369 17 386 Monthly 369 8 377

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Premium shown in the app is indicative and not exact. Actual premium can vary according to underwriting rules applicable. Maturity
calculations shown for the plan are based on the latest declared bonus and loyalty addition rates and can vary in the future based
on the actual experiences of the corporation. For more details on risk factors, terms and conditions please read the sales brochure
carefully before concluding a sale.
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Plan presentation prepared by:

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Gomathy Sathya V
Development Officer
LIC of India, katpadi
E-Mail : vgomathysathya.lic@gmail.com
Mobile : 8300431800