Plan 178 Actuarion Engine 2026

LIC Jeevan Tarang (Plan 178) Premium & Returns Calculator

Model LIC's classic whole life plan. Offers regular 5.5% annual payouts of Sum Assured after the premium paying term, with whole life cover up to age 100.

Lifelong Income: 5.5% of Sum Assured paid annually after PPT

Whole Life Cover: Protection continues up to age 100

Maturity Benefit: Payout of basic SA plus bonuses at age 100

Accumulated reversionary bonuses paid at the end of PPT

Section 80C tax rebates and 10(10D) tax-exempt payouts

LIC Jeevan Tarang Inputs

LIC Jeevan Tarang (Plan 178) specialized calculator. Adjust your sliders to recalculate active returns.

1. Basic Sum Assured (₹)₹5,00,000

2. Age of Proposer/Insured (Years)30 Years Old

3. Policy Coverage Term (Years)15 Years

Premium Payment Frequency

Plan 178

Estimated Maturity Returns

₹8,40,000

Estimated returns payout at policy maturity

Actuarial Projections

Sovereign-backed security of sum assured and returns u/s 10(10D).
Eligible for annual premium tax exemptions under Section 80C.
Loan and policy surrender values accumulate continuously.

$First Year Premium:₹1,497

Renewal Premium (Year 2+):₹1,465

Total Estimated Premiums Paid:₹22,007

Basic Sum Assured:₹5,00,000

Accumulated Endowment Bonuses:₹3,15,000

Estimated Net Maturity Benefit:₹8,40,000

Returns Performance38.17x Return

Guide to LIC Jeevan Tarang Plan (Plan 178)

LIC's Jeevan Tarang (Plan 178) is a participating, non-linked whole life plan. During the Accumulation Phase (Premium Paying Term), the policyholder pays regular premiums and accumulates bonuses. After the PPT, the policyholder enters the Survival Phase, receiving guaranteed annual payouts equal to 5.5% of the Sum Assured. Life cover remains active until age 100, at which point the maturity value is paid.

Plan Eligibility & Key Actuarial Limits

Policy parameter	Details and limits
Minimum Entry Age	0 Years (90 Days completed)
Maximum Entry Age	60 Years
Accumulation Term (PPT)	10, 15, 20, or 25 Years
Minimum Sum Assured	₹1,00,000
Maximum Sum Assured	No Limit
Survival Benefit	5.5% of Sum Assured annually after PPT

Tax Benefits & Payout Options

Premiums qualify for Section 80C deductions. The annual 5.5% survival cashbacks and the final age 100 maturity benefit are tax-free under Section 10(10D).

Frequently Asked Questions (FAQs)

What does the policyholder receive at the end of the Premium Paying Term?

At the end of the PPT (10, 15, 20, or 25 years), all accumulated Simple Reversionary Bonuses and Loyalty Additions are paid out in a lump sum. The regular 5.5% annual cashback starts from the subsequent year.

What happens if the policyholder dies during the survival phase?

The basic Sum Assured is paid to the nominee, and the policy terminates.

Is Jeevan Tarang currently open for new enrollment?

No, Plan 178 has been withdrawn by LIC, but existing policyholders use this calculator to estimate active cash flows and bonuses.

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