Savings + Protection
LIC Jeevan Umang
Annual income after the premium term plus whole-life cover up to age 100.
About this plan
UIN No.: 512N312V03 PLAN NO: 745 8976862090 ‘Hi’ Say Our WhatsApp No. Call Centre Services (022) 6827 6827 Download LIC Mobile App LIC’s Jeevan Umang () (A Par, Non-Linked, Individual, Savings, Whole Life Insurance Plan) LIC’s Jeevan Umang is a Par, Non-Linked, Individual, Savings, Whole Life Insurance plan which offers a combination of income and protection to your family. This plan provides for annual survival
Key features
- ✓Whole life insurance with limited premium payment
- ✓Annual Survival benefit equal to 8% of Basic Sum Assured from the end of the premium paying term till the Life assured survives or till the policy anniversary prior to the date of maturity, whichever is earlier.
- ✓Lump sum payment at the time of maturity or on death of the policyholder during the policy term
- ✓Flexibility to - Choose the premium payment term. - Option for payment of
Plan chart — eligibility
Minimum Basic Sum Assured
Rs. 2,00,000
Maximum Basic Sum Assured
No limit The Basic Sum Assured shall be in multiples of amounts specified below: Basic Sum Assured Range Sum Assured multiple From Rs. 2,00,000 to Rs. 4,50,000 Rs. 25000/- Above…
Premium Paying Term
15, 20, 25 and 30 years
Policy Term
(100 – age at entry) years
Minimum Age at entry
30 days (completed)
Maximum Age at entry
55 years (nearer birthday) for PPT = 15 years 50 years (nearer birthday) for PPT = 20 years 45 years (nearer birthday) for PPT = 25 years 40 years (nearer birthday) for PPT = 30…
Minimum Age at the end of premium paying term
18 years (completed)
Maximum Age at the end of premium paying term
70 years (nearer birthday)
Age at maturity
100 years (nearer birthday)
Figures are indicative and summarised from the official LIC brochure. Please refer to the PDF or contact us for exact, up-to-date terms.
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