LIC’s Jeevan Umang
LIC’s Jeevan Umang is a unique whole life assurance plan that provides lifelong protection along with annual survival benefits, ensuring long-term income security and financial stability.
Overview
Plan Description
LIC’s Jeevan Umang is a participating whole life assurance plan that offers survival benefits after completion of the premium payment term along with a lump sum maturity benefit, ensuring income continuity and lifelong protection.
Key Benefits
Lifelong Protection
Life cover continues for the entire lifetime of the policyholder.
Annual Survival Benefit
Regular income after completion of premium payment term.
Participating Plan
Eligible for bonus additions declared by LIC.
Government Assurance
Offered by LIC, a Government of India undertaking.
Who Should Choose LIC’s Jeevan Umang?
LIC’s Jeevan Umang is suitable for individuals seeking lifelong protection, post-retirement income, and long-term financial security for their families. It is ideal for disciplined savers and long-term planners.