LIC Jeevan Umang Plan - Features, Benefits & Eligibility Criteria
Features of the LIC Jeevan Umang
Benefits of LIC Jeevan Umang Plan
Eligibility Criteria for LIC Jeevan Umang Plan
Riders offered by LIC Jeevan Umang Policy
Other Details of LIC Jeevan Umang Policy
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pros and cons of lic jeevan umang
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LIC jeevan umang disadvantages
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LIC jeevan umang surrender value calculator
Minimum and Maximum age for LIC Jeevan Umang
Maturity and benefits of LIC Jeevan Umang
LIC Jeevan umang one of the most popular policy Launched by LIC Year May 2017. LIC Jeevan Umang offers you limited premium payment option. LIC Jeevan Umang Policy cover your Whole life pension. LIC Jeevan umang policy provide you pension upto 100 Years . this policy provide you survival benefit at the end of the premium paying term, a lump sum amount after complete policy .
Top Features in LIC Jeevan Umang Policy
- LIC JEEVAN Umang Policy a pension offer you combination regular income and Lumpsum payment.
- LIC Jeevan umang policy available different premium paying term of 15 years, 20 years, 25 years or 30 years.
- LIC Jeevan Umang is a non-linked life insurance plan with profits.
- LIC JEEVAN Umange Offers life cover till the policyholder turns 100 years.
- this policy Offers you loan facility up to 90% of the surrender value
- if the policy holder has paid the premiums for 3 years regularly and if the plan has reached a Surrender Value.
- The LIC Jeevan Umang Plan offers a simple reversionary bonus as well as final addition bonus if any.
Top 5 Benefits In LIC Jeevan Umang Policy
1.Lic Jeevan umnag policy Death benefit –
The LIC Jeevan Umang Plan offers dath befits with risk cover, LIC OF India will return all the the premiums paid without interest to the nominee.If policyholder suffers a death after the risk commencement date, LIC will offer the sum assured to the nominee. This will also include simple reversionary bonus as well as final additional bonus if any.
2.LIC Jeevan Umang Term Rider Benifits –
Apart from this, you can take the option of this rider during the policy by paying more amount in you life umanag policy. In Jeevan Umang policy, this rider provides benefits for more than 35 years and till the age of the insured is 75 years, whichever is earlier
Jeevan umang policy Accident Benefit Rider : This is a rider benefit that you can opt for at any time by paying an additional premium, the main advantage of this rider is that if the life insured dies suddenly within 180 days from the date of the accident, the nominee will get the rider benefit. payment is made
LIC Jeevan Umang Critical Illness Rider Benefit : You can take Critical Illness Rider benefits by paying additional premium in LIC Jeevan Umang policy but you can take this rider only at the time of inception of the policy. You cannot take this rider in the middle of the policy. If you take Critical Illness Rider in LIC Jeevan Umang, you will be paid the sum insured if you suffer from any of the 15 critical illnesses.
LIC Jeevan Umang Revival period : this policy Offers a revival period of 2 years. As a policyholder you can revive the policy from the date of the first unpaid premium by paying the arrears as well as the interest and other expenses.Free look period : Offers a free look period of 15 days from the date of policy issuance.
LIC jeevan umang 945 premium calculator
Eligibility Criteria for LIC Jeevan Umang Plan
| Eligibility Criteria for LIC Jeevan Umang Policy | ||
| Minimum | Maximum | |
| Sum Assured | Rs. 2,00,000 | No Limit |
| Premium Payment Term | 15, 20, 25, & 30 years | |
| Policy Term | 100 – Age at entry | |
| Age at Entry | 90 days | 55 years |
| Age at End of Premium Payment Term | 30 years | 70 years |
| Premium Payment Modes | Yearly, Half-Yearly, Quarterly, Monthly | |
Top LIC Insurance Plans
| S.N. | Lic Plan Number | LIC Plan Name | Lic Plan Type |
| 1 | 914 | LIC New Endowment | Endowment Plans |
| 2 | 915 | LIC Jeevan Anand | Endowment Plans |
| 3 | 917 | LIC Single Premium Endowment | Endowment Plans |
| 4 | 933 | LIC Jeevan Lakshya | Endowment Plans |
| 5 | 936 | LIC Jeevan Labh | Endowment Plans |
| 6 | 943 | LIC Aadhaar stabmbh | Endowment Plans |
| 7 | 944 | LIC Aadhaar shila | Endowment Plans |
| 8 | 951 | LIC Micro Bachat | Endowment Plans |
| 9 | 945 | LIC Jeevan Umang | Whole life |
| 10 | 920 | LIC 20 Year money back | Money Back Plans |
| 11 | 916 | LIC Bima Bachat | Money Back Plans |
| 12 | 921 | LIC 25 Year money back | Money Back Plans |
| 13 | 932 | LIC Child money back | Money Back Plans |
| 14 | 934 | LIC jeevan tarun (Child money back) | Money Back Plans |
| 15 | 947 | LIC Jeevan Shiromani | Money Back Plans |
| 16 | 948 | LIC Bima Sheree | Money Back Plans |
| 17 | 849 | LIC Nivesh Pluse | ULIP Plans |
| 18 | 852 | LIC SIIP | ULIP Plans |
| 19 | 917 | LIC Single Premium Endowment | Single Preum Plans |
| 20 | 916 | LIC Bima Bachat | Single Preum Plans |
| 21 | 822 | LIC Anmol Jeevan | Term plans |
| 22 | 855 | LIC Jeevan AMAR | Term plans |
| 23 | 956 | LIC Pradhan mantri vaya vandana yojna | Pension/Anuity Plans |
| 24 | 850 | LIC Jeevan shanti | Pension/Anuity Plans |
| 25 | 904 | LIC Jeevan Arogya | Health Plans |
| 26 | 905 | LIC Cancer Cover | Health Plans |
