ABOUT

LIC’s Jeevan Umang plan offers a combination of income and protection to your family.
It is an endowment cum whole life plan which offers a regular payout from the end of the premium payment term till the date of your survival. This plan is a participating plan eligible for Simple Reversionary Bonus and Final Addition Bonus.

This plan provides for annual survival benefits from the end of the premium paying term till maturity and a lump sum payment at the time of maturity or on death of the policyholder during the policy term. In addition, this plan also takes care of liquidity needs through loan facility.

  • Pay for 16 years
  • Relax for 9 years
  • Maturity at 25 years
POLICY TERM 16,21,25 years
PREM. TERM 10,15,16s years

Documents Required

Photo
KYC Form
Cheque

Benefits

Life Time Protection

loan facility available after 3 years

payment deadline as per your wish 10,15,16 years

Entire amount received is TAX FREE

get income tax benefit u/s 80C and TAX FREE returns u/s 10 (10 D)

all policy money including declared bonus is guarantied by Government of India

Death benefit, survival benefit,loan benefit & maturity benefit

Returns are not dependent on Share Market