The LIC Jeevan Umang plan supplies your loved ones with each revenue and safety. This plan supplies yearly survival advantages from the tip of the premium-paying time period till maturity. It additionally supplies a lump sum cost at maturity or if the policyholder dies throughout the coverage interval. As well as, this strategy makes use of a facility for loans to satisfy any liquidity necessities.
Options Of The LIC Jeevan Umang Plan
- If the insured survives the coverage time period, the plan moreover provides a lump sum quantity as a maturity profit.
- This LIC plan’s yearly survival advantages start on the finish of the premium cost interval and proceed till maturity.
Eligibility For The LIC Jeevan Umang Plan
- The LIC Jeevan Umang Plan has an entry age of 90 days and a most age of 55 years.
- Coverage Time period: 100 Years- Entry Age
- The minimal sum insured on this plan is Rs 2,00,000, with no most quantity.
Calculator For The LIC Jeevan Umang Plan
For instance, a 30-year-old purchases the coverage and invests Rs 5,000 month-to-month. Assume he/she desires the next protection and is ready to contribute Rs 15,000 quarterly or Rs 50,000 yearly:
- The sum assured is Rs. 10,00,000.
- Coverage Time period – (100 minus 30 years) = 70 years
- Premium Paying Time period – 20 years
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