LIC Jeevan Umang is a unique whole life insurance plan offered by the Life Insurance Corporation of India (LIC). It provides a combination of insurance coverage and savings with guaranteed annual payouts.
LIC Jeevan Umang is designed to provide long-term financial security and peace of mind to policyholders and their families by combining insurance protection with guaranteed returns and bonuses. As with any insurance product, it's essential for individuals to thoroughly understand the terms, benefits, and conditions of the policy before making a purchase decision. Consulting with a financial advisor can also help in making an informed choice based on individual needs and financial goals.
Minimum Entry Age | 90 days |
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Maximum Entry Age | 55 years |
Policy term | 100 years- Age at entry |
Sum Assured | Min - Rs. 2,00,000 | Max - No Limit |
Maturity Age | 100 Years |
Premium paying term | 15 years, 20 years, 25 years, and 30 years |