LIC Jeevan Umang Plan
LIC Jeevan Umang is a participating whole life insurance plan that provides annual survival benefits after premium payment, lifelong protection and a maturity benefit with bonus.
5.0 / 5.0
Plan Rating
Annual Income
Receive yearly survival benefits after premium paying term.
Whole Life Cover
Life insurance coverage up to 100 years of age.
Bonus
Earn Simple Reversionary Bonus and Final Additional Bonus.
Tax Benefits
Enjoy tax benefits under prevailing Income Tax laws.
Key Features
- Participating Whole Life Insurance Plan.
- Annual Survival Benefit after Premium Paying Term.
- Whole Life Risk Cover up to Age 100.
- Maturity Benefit with Bonus.
- Loan Facility Available.
- Optional Rider Benefits.
Eligibility
| Entry Age | 90 Days to 55 Years (depending on Premium Paying Term) |
|---|---|
| Premium Paying Term | 15, 20, 25 or 30 Years |
| Risk Cover | Up to 100 Years of Age |
| Minimum Basic Sum Assured | ₹2,00,000 |
Benefits
Survival Benefit
After completion of the premium paying term, 8% of the Basic Sum Assured is payable every year until maturity.
Maturity Benefit
On attaining 100 years of age, the Basic Sum Assured together with vested bonuses and Final Additional Bonus, if any, is payable.
Calculate Your Premium & Benefits
Use our online LIC Jeevan Umang Premium Calculator and Maturity Calculator to estimate yearly income and maturity value.
Premium Calculator Maturity Calculator Get Free Consultation