LIC Jeevan Tarang is a whole life benefit plan that offers annual survival benefit at the rate of 51/2% of the sum assured after the chosen accumulation period. It is a companion plan, which means the policyholder gets dividends along with his sum assured.

**Main characteristics**


* Whole Life Benefits

*Annual Survival Benefit

* Dividend

* Three accumulation periods: 10, 15 and 20 years

* Single premium or regular premium payment

* Many types of riders available


**Benefit**


* Death Benefit: On the death of the policyholder, the sum assured including dividends is paid.

*Survival Benefit: After the accumulation period, the policyholder gets an annual survival benefit at the rate of 51/2% of the sum assured.

* Dividends: During the policy term, the policyholder receives dividends.


**Ability**


* Minimum Age: 18 years (last birthday)

*Maximum Age: 70 years (nearest birthday)

* Minimum Sum Assured: ₹1,00,000

*Maximum Sum Assured: No limit


**Premium**

The amount of premium depends on the age of the policyholder, sum assured and accumulation period.


**Rider**


There are many types of riders available with LIC Jeevan Tarang, such as:


* Accidental Death Benefit Rider

* Term Insurance Rider

* Critical Illness Rider


**conclusion**


LIC Jeevan Tarang is a good plan that offers death benefit, survival benefit and dividends to the policyholder. It is a companion plan, which means the policyholder gets dividends along with his sum assured. This plan is suitable for those looking for a whole life benefit plan that also includes dividends.