LIC Jeevan Umang (945)

Jeevan Umang Plan (945) is a non-linked, with-profits whole life assurance plan. This plan provides for annual survival benefits from the end of the premium paying term till maturity and lump sum payment at the time of maturity or on death of the policyholder during the policy term.

Plan Features

Premium Payment Mode

Yearly, Halfly, Quarterly, Monthly(ECS)

Plan min and max term

Policy term is 100 - age at entry and premium payment term is 15 year, 20 year, 25 year, 30 year

  Minimum & maximum entry age

[90]days (completed) and Maximum entry age
55 years (Nearest Birthday) for PPT = 15
50 years (Nearest Birthday) for PPT = 20
45 years (Nearest Birthday) for PPT = 25
40 years (Nearest Birthday) for PPT = 30

Minimum and maximum sum assured

Minimum 2,00,000 to Max no limit. Maximum Accidental Death and Disability Benefit Rider up to age 70.

LIC Jeevan Umang Policy Benefits :
On Death
:
On death before the commencement of Risk:
An amount equal to the total amount of premium/s paid without interest shall be payable.
On death after commencement of Risk:
Sum Assured on Death+vested simple reversionary Bonus + FAB if any.
Where Sum Assured on Death is defined as the highest of
Basic Sum-Assured,OR
7 times of Annualized Premium, OR
105%of all Premiums paid as on death

On Survival :
On survival 8% of Basic Sum Assured shall be payable each year.

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Contacts

of LIC Agent Kharghar

Do you still have questions or concerns? Want to know more about LIC Jeevan umang plan? Please contact us so we can further discuss your needs and the solutions we give.

ADDRESS:
LIC Agent Kharghar
Dnyansarathi, Plot C-2, Sector 12, Kharghar, Navi Mumbai, Maharashtra 410210
GPS : 19.0425181, 73.0623533 

PHONE:
9768187224

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