LIC JEEVAN TARANG TABLE NO 178

POSTED BY BHUPENDRA DHANKARGHARE ON June 1, 2013 11:21 am ONE COMMENT

My self Bhupendra working as a marine engineer on ship  for 7 yrs ! I bought LIC JEEVAN TARANG policy (with profits) (TABLE NO 178) for regular annual premium of Rs 73380 for 20 yrs started on august 2009. I have paid 4 premiums till now. Is it worthwhile to continue this policy since this is also a pension plan ! Will my nominee gets death or accident benefit if something untoward happens to me in international waters (ie outside indian waters) on ship? I have already declared marine engineer as service . Is there any additional  form  to be filled for mariners, so that LIC will entertained my nominee in case of accident or death!

One reply on this article “LIC JEEVAN TARANG TABLE NO 178”

  1. The policy is not about 4 years old and you had mentioned your job. So nothing to fear reg. claim rejection.

    In general such plans are not a good idea to invest in. If you are already invested you should consider several factor before making a decision.

    blind advice about mixing insurance and investment are not good enough.

    Read this to get some perspective

    http://freefincal.wordpress.com/2013/04/26/omg-just-realized-my-insurance-policies-are-worthless-what-do-i-do/

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