ABOUT

LIC’s Jeevan Umang plan is a non-linked, with-profit, whole life assurance plan and offers a combination of income and protection to your family.
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. It also takes care of liquidity needs through loan facility.



Documents Required

Photo
KYC Form
Cheque

Benefits

Life Time Protection

Discount in Income Tax according to 80C

Triple Benefit to Permanent Disabililty

Loan after 2 years, up to 100 years of age

Payment deadline as per your wish 15,20,25 years

Lifetime 8% guaranteed pension after fixed period

Special Pre-Maturity Option

Entire amount received is TAX FREE

Returns are not dependent on Share Market