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.
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