Hi,
Recently my LIC agent told me about a plan which is combination of LIC samruddhi and some other plans. It seems close to Jeevan Tarang plan as it gives back inverstor/insurer life time same amount that he paid every year.
Plan is like this :
For the first 12 years pay 1,00,000/- per year.
After completing 12 years you will get 1,00,000/- per year by LIC for life time/ 100 year age limit.
Also after starting the policy risk cover starts which is @ 17,00,000/- (double in case accidental death) and this will last till age 80.
From 80 to 100 year of age no risk cover.
Plan comes with minimum premium of 50,000/-. In this case you will get 50,000/- after 12 years. Remaining terms are same.
Experts please share your views on this plan…