LIC Jeevan Umang (745)
Whole-life income till age 100
Results
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About this plan
A whole-life plan that pays 8% of the Basic Sum Assured every year as survival benefit from the end of the premium paying term until age 100, plus a lump sum at maturity.
Eligibility
- Entry age: 90 days to 55 years
- PPT: 15, 20, 25 or 30 years
- Maturity age: 100 years
- Minimum sum assured: ₹2,00,000
Benefits
- 8% of SA paid annually as survival benefit after PPT
- Maturity at age 100: SA + bonuses + FAB
- Death benefit with accrued bonuses
Important notes
- GST is charged at 4.5% on first-year premium and 2.25% on renewals; a blended rate is shown here.
- Bonus & FAB values are indicative, based on recently declared rates.
- Grace period of 30 days and free look period of 15 days apply per LIC rules.